share

The Shale Gas in North Pacific Energy Security (2014 North Pacific Energy Dialogue Proceedings)

by Kwang Doo Kim, Yoon Hyung Kim, Yongduk Pak, David Pumphrey, and James A. Slutz (eds.)

KEEI/EWC series on North Pacific Energy Security

Publisher: Ulsan, Republic of Korea: Korea Energy Economics Institute; Honolulu: East-West Center
Available From: Korea Energy Economics Institute
Publication Date: December 2015
ISBN: 978-89-5504-565-9
Binding: hardcover
Pages: xxii, 398

 

The Shale Gas in North Pacific Energy Security explores the energy security and climate change aspects of North Pacific cooperation in the emerging shale-gas era. Bringing together prominent energy experts from the three North Pacific energy suppliers (Canada, Russia, and the United States) and three major North Pacific energy consumers (China, Japan, and Korea), the book attempts to evaluate how Japan and the U.S. (and China and Korea) will readjust thir energy mix scenarios to these market realities and to identify innovative solutions to mutually beneficial energy trade and investment between the export and import nations, and a more integrated North Pacific energy market.

Regarding the implications of the U.S. shale gas revolution for the global energy market, the book describes the fundamental changes in the global energy market that has resulted from the development of shale gas in the United States. On North Pacific Countries' responses to the U.S. shale gas revolution and Fukushima nuclear incident, the book addresses how four North Pacific countries (the United States, China, Japan, and Korea) have readjusted their projected energy mix options. In the case of geopolitical interplay of energy cooperation in the North Pacific, the book explores the opportunities and challenges for energy trade and investment between energy importers and exporters in the North Pacific region. On building North Pacific Cooperation in the energy market, the book examines what is needed to realize the full potential for more-integrated energy trade and investment between the North Pacific states in light of the unconventional oil and gas revolution and Asia's rising energy demand.

The book attempts to fill the gaps in knowledge regarding how the energy strategies of North Pacific countries will be shaped in resonse to the U.S. shale gas revolution, North American unconventional oil production and the Fukushima incident, and in particular to determine areas of consensus and differences in perspective.

 
CONTENTS
 
1. Introduction and Overview
 
PART I  THE U.S.SHALE GAS REVOLUTION: IMPLICATIONS FOR THE GLOBAL ENERGY MARKET
2. The U.S. Shale Gas Revolution: Implications for the Global Energy Market
 
PART II  NORTH PACIFIC COUNTRIES' RESPONSES TO THE U.S. SHALE GAS REVOLUTION AND FUKUSHIMA NUCLEAR INCIDENT
3. United States Energy Mix Options and Scenarios
4. China's Energy Mix Options and Scenarios
5. Japan's Energy Mix Options and Scenarios
6. Korea's Energy Mix Options and Scenarios
 
PART III  GEOPOLITICAL INTERPLAY OF ENERGY COOPERATION BETWEEN EXPORTERS AND IMPORTERS IN THE NORTH PACIFIC
7. U.S.-Northeast Asia Energy Trade and Investment: Opportunities and Challenges
8. Canada-Northeast Asia Energy Trade and Investment: Opportunities and Challenges
9. Russia-Northeast Asia Energy Trade and Investment: Opportunities and Challenges
 
PART IV  BUILDING NORTH PACIFIC COOPERATION IN THE ENERGY MARKET: RATIONALIZING THE ENERGY MARKET IN THE NORTH PACIFIC