Energy market integration and regional institutions in east Asia

Energy Policy

Volumn 74, Issue C, 2014, Pages 91-100

  Aalto, Pami ^a  

^a TAMPERE UNIVERSITY OF TECHNOLOGY   (Finland)

Author keywords

ASEAN; Energy; Institutions; Market; North east asia; South east asia

Indexed keywords

COMMERCE; COST FUNCTIONS; ENERGY POLICY; ENERGY SECURITY; INTEGRATION; MARKETING; POWER MARKETS;

ASEAN; EAST ASIA; ENERGY; ENVIRONMENTAL STEWARDSHIP; INSTITUTIONAL STRUCTURE; INTERCONNECTION PROJECTS; SOUTHEAST ASIA; TECHNICAL INFRASTRUCTURE;

SOCIETIES AND INSTITUTIONS;

ASEAN; COMPETITION (ECONOMICS); ENERGY MARKET; INSTITUTIONAL FRAMEWORK; LIBERALIZATION; SOVEREIGNTY;

NORTHEAST ASIA; SOUTHEAST ASIA;

EID: 84924201097     PISSN: 03014215     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.enpol.2014.08.021     Document Type: Article

References (86)

1. Aalto, P., 2014. Institutions in European and Asian energy markets: A methodological overview. Energy Policy 74, 4-15.
2. Aalto, P., 2012. From separate policies to dialogue? Natural gas, oil and electricity on the future agenda of EU-Russia energy relations, CEURUS EU-Russia Papers, No. 3.
3. Aalto, P., Dusseault, D., Kennedy, M.D., Kivinen, M., 2014. Russia's energy relations in the East and West: towards a social structurationist approach to energy policy formation. J. Int. Relat. Dev. 17 (1), 1-29.
4. Aalto, P., Talus, K., 2014. Guest editorial: European and Asian energy markets: too many or too few institutions? Energy Policy 74, 1-3.
5. Acharya, A., Johnston, A. (Eds.), 2007. Crafting cooperation: Regional International Institutions in Comparative Perspective. Oxford University Press, Oxford, UK.
6. Akimoto, S., 2013. Russia's energy policy towards the new markets in the Asia Pacific region: Implications for the energy security environment in the region. In: Hyodo, S., Vendil Pallin, C. (Eds.), Neighbourhood Watch: Japanese and Swedish perspectives on Russian security. FOI, Stockholm, pp. 71-90.
7. Andrews-Speed, P., 2014. A Regional public goods approach towards energy market integration in East Asia. In: Wu, Y., Kimura, F., Shi, X. (Eds.), Energy Market Integration in East Asia: Deepening Understanding and moving Forward. Routledge, Abingdon, UK, pp. 25-55.
8. ASCOPE, 2014. About ASCOPE: What is ASCOPE? Available at: (accessed 7.4.14).
9. ASEAN, 2004. ASEAN protocol on enhanced dispute settlement mechanism. Available at: (accessed 10.4.14).
10. ASEAN, 2008. ASEAN Economic Community blueprint. ASEAN, Jakarta.
11. ASEAN, 2009a. ASEAN Trade in Goods Agreement. ASEAN, Jakarta.
12. ASEAN, 2009b. ASEAN Comprehensive Investment Agreement. ASEAN, Jakarta.
13. ASEAN, 2010. ASEAN Plan of Action for Energy Cooperation 2010-2015. Available at: (accessed 2.4.14).
14. Asian Development Bank [ADB], 2013. Key Indicators for Asia and Pacific.
15. Asian Ministers of Energy Meeting [AMEM], 12 September 2012. Joint Ministerial Statement of the 30th ASEAN Ministers of Energy Meeting. Available at: (accessed 7.4.14).
16. Austria, M., 2013. Non-tariff barriers: A challenge to achieving the ASEAN Economic Community. In: Das, S.B., Menon, J., Severino, R., Shrestha, O.M. (Eds.), The ASEAN Economic Community: Work in progress. ISEAS Publishing, Singapore, pp. 31-94.
17. Beeson, M., 2009. Developmental States in East Asia: A comparison of the Japanese and Chinese experiences. Asian Perspect. 33 (2), 5-39.
18. Beeson, M., Stubbs, R., 2012. Introduction. In: Beeson, M., Stubbs, R. (Eds.), Routledge Handbook of Asian Regionalism. Routledge, Abingdon, UK, pp. 1-8.
19. Bhattacharya, A., Kojima, S., 2010. Technical report: Economic impact analysis of East Asia energy market integration, In: X. Shi, F. Kimura (Eds.), Energy Market Integration in the East Asia Summit Region: Review of Initiatives and Estimation of Benefits. ERIA Research Project Report 2009-13, pp. 40-100. Available at: .
20. Bhattacharya, A., Kojima, S., October 2011. Energy market integration in East Asia: What an economic analysis tells us? IGES Policy Brief No. 15.
21. Bhattacharyay, B., 2010. Institutions for Asian Connectivity, Asian Development Bank Institution working paper, No. 220.
22. Bremmer, I., 2008. The return of state capitalism. Survival 50 (3), 55-64.
23. Camroux, D., 2012. The East Asia Summit: pan-Asian multilateralism rather than intra-Asian regionalism. In: Beeson, M., Stubbs, R. (Eds.), Routledge Handbook of Asian Regionalism. Routledge, Abingdon, UK, pp. 375-383.
24. Capannelli, G., 2011. Institutions for Economic and Financial Integration in Asia: Trends and Prospects. ADBI Working Paper Series, no. 308.
25. Chang, Y, Li, Y., 2014a. Towards an integrated Asia-Pacific natural gas market. In: Wu, Y., Kimura, F., Shi, X. (Eds.), Energy Market Integration in East Asia: Deepening understanding and moving forward. Routledge, Abingdon, UK, pp. 163-187.
26. Chang, Y., Li, Y., 2014b. Non-Renewable Resources in Asian Economies: Perspectives of Availability, Applicability, Acceptability, and Affordability. ERIA Discussion Paper Series DP-2014-04.
27. Chia, S.Y., 2013. The ASEAN Economic Community: Progress, challenges and prospects. In: Baldwin, R., Kawai, M., Vignaraja, G. (Eds.), The future of the world trading system: Asian perspectives. Centre for Economic Policy Research, London, pp. 93-100.
28. Dent, C.M., 2012a. Renewable energy and East Asia's new developmentalism: Towards a low carbon future? Pac. Rev. 25 (5), 561-587.
29. Dent, C.M., 2012b. Regional leadership in East Asia: Japan and China as contenders. In: Beeson, M., Stubbs, R. (Eds.), Routledge Handbook of Asian Regionalism. Routledge, Abingdon, UK, pp. 263-274.
30. Dent, C.M., Thomson, E., 2013. Asia's and Europe's energy policy challenges: introduction. Asia Eur. J. 11, 201-210.
31. Dieter, H., 2012. Trade integration in Asia. In: Beeson, M., Stubbs, R. (Eds.), Routledge Handbook of Asian Regionalism. Routledge, Abingdon, UK, pp. 116-128.
32. Della Porta, D., 2008. Comparative analysis: case-oriented versus variable-oriented research. In: Porta, D., Keating, M. (Eds.), Approaches and Methodologies in the Social Sciences: A pluralist guide. Cambridge University Press, Cambridge, pp. 198-222.
33. East Asia Summit [EAS], September 26, 2013. Joint ministerial statement of the seventh East Asia Summit energy ministers meeting. Bali, Indonesia. Available at: (accessed 15.4.14).
34. Eckstein, H., 2009. Case study and theory in political science. In: Gomm, R., Hammersley, M., Foster, P. (Eds.), Case Study Method. SAGE, London, pp. 118-165.
35. Energy Information Administration [EIA], 2012. Countries: East China Sea. 25 September. Available at: (accessed 10.4.14).
36. Fook, L.L., 2013. NEAT Working Group on Energy Security. In: Daojiong, Z. (Ed.), Managing Regional Energy Vulnerabilities in East Asia: Case Studies. Routledge, Abingdon, UK, pp. 108-127.
37. Froggath, A., 2013. The climate and energy security implications of coal demand and supply in Asia and Europe. Asia Eur. J. 11, 285-303.
38. Fujita, M., Kuroiwa, I., Kumagai, S., 2011. Introduction. In: Fujita, M., Kuroiwa, I., Kumagai, S. (Eds.), The economics of East Asian integration: A comprehensive Introduction to Regional Issues. Edward Elgar, Cheltenham, UK, pp. 1-14.
39. García, C., 2011. Grid-connected renewable energy in China: Policies and institutions under gradualism, developmentalism, and socialism. Energy Pol. 39, 8086 (50).
40. Hamanaka, S., January 2012. Is trade in Asia really integrating? ADB Working Paper Series on Regional Economic Integration. No. 91.
41. HAPUA, May 23, 2013a. Joint statement of the HAPUA Council Members. Phnom Penh, Cambodia.
42. HAPUA, May 22, 2013b. In: Summary of Proceedings of the 17th meeting of HAPUA Working Committee. Phnom Penh, Cambodia.
43. Hiratsuka, D., 2011. Institutions and policy coordination for further integration. In: Fujita, M., Kuroiwa, I., Kumagai, S. (Eds.), The economics of East Asian integration: A Comprehensive Introduction to Regional Issues. Edward Elgar, Cheltenham, UK, pp. 320-339.
44. Horii, N., 2011. Energy bottlenecks and cooperation. In: Fujita, M, Kuroiwa, I., Kumagai, S. (Eds.), The economics of East Asian integration: A Comprehensive Introduction to Regional Issues. Edward Elgar, Cheltenham, UK, pp. 450-478.
45. Hsu, L., 2013. The ASEAN dispute settlement mechanism. In: Das, S.B., Menon, J., Severino, R., Shrestha, O.M. (Eds.), The ASEAN Economic Community: Work in Progress. ISEAS Publishing, Singapore, pp. 382-410.
46. Hwang, H-D., 2009. Energy cooperation and emerging regionalism in North-East Asia: Relative impact on APEC and ASEM in terms of inter-regionalism. J. Korea Trade 13 (1), 65-88.
47. IEEJ, 2013. Asia/World Energy Outlook. Available at (accessed 1.4.14).
48. International Energy Agency [IEA], 2012. World Energy Outlook 2012. OECD/IEA, Paris.
49. International Energy Agency [IEA], 2013a. World Energy Outlook 2013. OECD/IEA, Paris.
50. International Energy Agency [IEA], 2013b. Southeast Asia energy outlook. OECD/IEA, Paris.
51. International Energy Agency [IEA], 2013c. Developing a natural gas trading hub in Asia: Obstacles and opportunities. OECD/IEA, Paris.
52. Jetsche, A., 2012. In: Beeson, M., Stubbs, R. (Eds.), Routledge Handbook of Asian Regionalism. Routledge, Abingdon, UK, pp. 327-337.
53. Kanekiyo, K., 2013. Energy outlook of East Asia and energy policy formulation for sustainable development. In: Daojiong, Z. (Ed.), Managing Regional Energy Vulnerabilities in East Asia: Case studies. Routledge, Abingdon, UK, pp. 14-44.
54. Kanekiyo, K., Yoshikazu, K., 2013. Oil price volatility: A threat to sustainable development in East Asia. In: Daojiong, Z. (Ed.), Managing Regional Energy Vulnerabilities in East Asia: Case studies. Routledge, Abingdon, UK, pp. 72-86.
55. Katzenstein, P., 2005. A world of regions: Asia and Europe in the American imperium. Cornell University Press, Ithaca, NY.
56. Kim, H.Y., Gokan, T., 2011. Theories of FDI and the behaviour of MNEs in East Asia. In: Fujita, M., Kuroiwa, I., Kumagai, S. (Eds.), The Economics of East Asian integration: A Comprehensive Introduction to Regional Issues. Edward Elgar, Cheltenham, UK, pp. 123-147.
57. Kivimäki, T., 2012. Southeast Asia and conflict prevention. Is ASEAN running out of steam? Pac. Rev. 25 (4), 403-427.
58. Korea-Oil Producing Nations Exchange [KOPEX], 2007. Annual Report'07, Ministry of Knowledge Economy and Korea Petroleum Association.
59. Laursen, F., 2010. Regional integration: some introductory reflections. In: Laursen, F. (Ed.), Comparative Regional Integration: Europe and beyond. Ashgate; Farnham, UK, pp. 3-20.
60. Liu, X., April 9-10, 2013. Sino-Russian oil and gas cooperation: opportunities and challenges. Presentation at the Symposium European and Asian Energy Markets: Too Many or Too Few Institutions? Tokyo.
61. Mattli, W., 1999. The Logic of Regional Integration: Europe and beyond. Cambridge University Press; Cambridge, UK.
62. Minami, R., March 2014. The next phase for Japan-Russia oil and gas cooperation. In: ERINA Report. No. 116, 47-9.
63. Moinuddin, M., Bhattacharya, A., 2013. Towards an integrated renewable energy market in the EAS region: Renewable energy equipment trade, market barriers and drivers. In: Kimura, S., Phoumin, H., Jacobs, B. (Eds.), Energy Market Integration in East Asia: Renewable Energy and its Deployment into the Power System, ERIA Research Project Report 2012-26. ERIA, Jakarta, pp. 131-162.
64. Motomura, M., 2014. Japan's need for Russian oil and gas: A shift in energyflows to the Far East. Energy Policy 74, 68-79.
65. Narine, S., 2012. Asia, ASEAN and the question of sovereignty: the persistence of non-intervention in the Asia-Pacific. In: Beeson, M., Stubbs, R. (Eds.), Routledge Handbook of Asian Regionalism. Routledge, Abingdon, UK, pp. 155-165.
66. Navarro, A., Sambodo, M., 2013. The pathway to ASEAN energy market integration. Philippine Institute for Development Studies, Makati, Philippines. Discussion Paper Series, pp. 2013-2049.
67. Okamoto, J., 2011. Institution building for economic integration in East Asia: A brief history. In: Fujita, M, Kuroiwa, I., Kumagai, S. (Eds.), The Economics of East Asian Integration: A Comprehensive Introduction to Regional Issues. Edward Elgar, Cheltenham, UK, pp. 287-319.
68. 2 emissions impact of renewable energy development in China. Energy Pol. 68, 60-69.
69. Romanova, T., 2014. Russian energy in the European markets: The role of institutions. Energy Policy 74, 44-53.
70. Shadrina, E., 2014. Russia's natural gas policy towards Northeast Asia: Rationales, objectives and institutions. Energy Policy 74, 54-67.
71. Shi, X., Kimura, F., 2014. The status and prospects of energy market integration in East Asia. In: Wu, Y., Kimura, F., Shi, X. (Eds.), Energy Market Integration in East Asia: Deepening Understanding and Moving Forward. Routledge, Abingdon, UK, pp. 9-24.
72. Shi, X., Malik, C., 2013. Assessment of ASEAN Energy Co-operation Within the ASEAN Economic Community. ERIA Discussion Paper Series DP-2013-37.
73. Soundarajan, K., Thomson, E., 2013. Asia and European transport biofuels: stalled at the same place? Asia Eur. J. 11, 247-263.
74. Stubbs, R., 2012. The developmental state and Asian regionalism. In: Beeson, M., Stubbs, R. (Eds.), Routledge Handbook of Asian Regionalism. Routledge, Abingdon, UK, pp. 90-99.
75. Sukma, R., 2014. ASEAN beyond 2015: The Imperatives for Further Institutional Changes. ERIA Discussion Paper Series DP-2014-01.
76. Söderbaum, F., 2012. Theories of Regionalism. In: Beeson, M., Stubbs, R. (Eds.), Routledge Handbook of Asian Regionalism. Routledge, Abingdon, UK, pp. 11-21.
77. Tabata, S., Liu, X., 2012. Russia's energy policy in the Far East and East Siberia. In: Aalto, P. (Ed.), Russia's Energy Policies: National, interregional and global levels. Edward Elgar, Cheltenham, UK, pp. 156-184.
78. Talus, K., 2014. United States natural gas markets, contracts and risks: What lessons for the European Union and Asia-Pacific natural gas markets? Energy Policy 74, 28-34.
79. Terada, T., 2012. ASEAN Plus three: becoming more like a normal regionalism?. In: Beeson, M., Stubbs, R. (Eds.), Routledge Handbook of Asian Regionalism. Routledge, Abingdon, UK, pp. 364-374.
80. "Trilateral Cooperation Vision 2020", 2010. Japan-China-ROK Trilateral Summit. Available at:(accessed 12.8.14).
81. Umbach, F., 2013. The unconventional gas revolution and the prospects for Europe and Asia. Asia Eur. J. 11, 305-322.
82. van de Graaf, T., Sovacool, B.K., 2014. Thinking big: politics, progress, and security in the management of Asian and European energy megaprojects. Energy Policy 74, 16-27.
83. von Hippel, D., Savage, T., Hayes, P., 2011. Overview of Northeast Asia energy situation. Energy Pol. 39, 6703-6711.
84. Vivoda, V., 2014. Natural gas in Asia: trade, markets and regional institutions. Energy Policy 74, 80-90.
85. Wilson, J.D., 2014. Northeast Asian resource security strategies and international resource politics in Asia. Asian Stud. Rev. 38 (1), 15-35.
86. Yeo, A., 2012. China, Japan, South Korea Trilateral Cooperation: Implications for Northeast Asian politics and order, EAI Issue Briefing No. MASI 2012-07.