Study on the Possibility of Promoting Quantitative Evaluation Indicators for Strengthening Energy Resilience in the East Asia Region

Kentaro Hayashi, Akihiro Kimura and Hiroki Kudo

No 2024-RPR-06 in Books from Economic Research Institute for ASEAN and East Asia (ERIA)

Abstract: In this project, the prototype quantitative Energy Resilience Score (ERS) model was used to conduct an empirical energy resilience assessment. The results of this assessment, along with international efforts to strengthen energy resilience, were shared and discussed at workshops held in three countries. This report provides an overview of international efforts to strengthen energy resilience, highlighting APEC's initiatives for energy resiliency enhancement and the content of the Energy Resiliency Principles and related guidelines. APEC's principles and guidelines emphasise the importance of evaluating indicators of energy resilience. This report includes a review of similar indicators and describes the concept and evaluation of the prototype ERS model. It concludes with considerations for future work regarding the use of the ERS. To increase the availability of data collection for ERS analysis, it is necessary to improve understanding of the content and significance of the ERS, as well as its benefits to consumers. There is a need to accumulate empirical results using the ERS evaluation tool across many countries and regions. Additionally, it is essential to continuously create opportunities for sharing and improving understanding of the ERS through discussions amongst stakeholders.

Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:era:eriabk:2024-rpr-06

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