Energy Outlook and Energy Saving Potential in East Asia 2023

Edited by Shigeru Kimura, Han Phoumin and Alloysius Joko Purwanto

No 3025-4159 in Books from Economic Research Institute for ASEAN and East Asia (ERIA)

Abstract: From COP 26 to COP 27, countries have made ambitious pledges towards achieving Net-Zero Emissions by the mid-century. However, the recent oil and gas price hike due to the Russia–Ukraine War poses challenges to fuel switching from coal to natural gas, which is a crucial mitigation opportunity for the fossil fuel-dependent ASEAN and East Asia region. As a result, fossil fuel, especially coal, might persist longer than anticipated in the Asian energy mix for some countries. Amidst these complexities, decarbonisation pathways must consider various socio-economic and political circumstances that can facilitate countries in reaching carbon neutrality. To address this, the study explores a scenario called ‘Low Carbon Energy Transition (LCET),’ a carbon-neutral scenario that analyses the impacts of Net-Zero Emission (NZE) technologies to help countries achieve carbon neutrality by 2050 or beyond. By employing energy modelling techniques, the study presents recommendations on how the region can best achieve carbon neutrality by 2050. The findings shed light on crucial policy implications for decision-makers, ensuring that the region can achieve economic growth and investment opportunities while safeguarding energy security and addressing environmental concerns. The study highlights the need for multiple pathways in the low carbon energy transition, empowering countries to embark on their journey towards carbon neutrality by 2050.

Date: 2023
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https://www.eria.org/uploads/Energy-Outlook-and-Saving-Potential-2023-rev.pdf

Chapters in this book:

Ch 1 Main Report

Phoumin Han and Shigeru Kimura

Ch 2 Australia Country Report

Shamim Ahmad and Seiya Endo

Ch 3 Brunei Darussalam Country Report

Brunei Darussalam Ministry of Energy

Ch 4 China Country Report

Hui Li and Ruining Zhang

Ch 5 China Country Report

Hui Li and Ruining Zhang

Ch 6 India Country Report

Atul Kumar, Michael Dioha, Patrick Adoba and Seiya Endo

Ch 7 Indonesia Country Report

Surhayati

Ch 8 Japan Main Report

Seiya Endo and Ryohei Ikarii

Ch 9 Republic of Korea Country Report

Kyung-Jin Boo

Ch 10 The Lao People's Democratic Repubilc Country Report

Phaysone Phouthonesy

Ch 11 Malaysia Country Report

Zaharin Zulkifli

Ch 12 Myanmar Country Report

Swe Swe Than

Ch 13 New Zealand Country Report

Swe Swe Than

Ch 14 Philippines Country Repor

Lilibeth T. Morales

Ch 15 Singapore Country Report

Zhong Sheng

Ch 16 Thailand Country Report

Supit Kamalad, Vichien Tantiwisarn and Dr. Surasit Tanthadiloke

Ch 17 Viet Nam Country Report

Nguyen Minh Bao, Vichien Tantiwisarn and Dr. Surasit Tanthadiloke

Ch 18 United States Country Report

Shigeru Kimura, Phoumin Han and Alloysius Joko Purwanto

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Persistent link: https://EconPapers.repec.org/RePEc:era:eriabk:2023-energy-outlook-and-saving-potential-2023

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