In the section Articles
Title of the article The Energy Markets of the APEC Countries: Opportunities for Russia
Pages 55-78
Author 1 Olga Valeryevna Dyomina
Senior Assistant
Economic Research Institute FEB RAS
153 Tikhookeanskaya Street, Khabarovsk, Russia, 680042
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Author 2 Alexey Andreevich Novitskiy
Senior Assistant
Economic Research Institute FEB RAS
153 Tikhookeanskaya Street, Khabarovsk, Russia, 680042
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Abstract The article evaluates the export possibilities of Russian energy resources to the markets of the APEC countries. The analysis is made with the help of the IEA Model of short-term energy security (MOSES) Primary Energy Sources and Secondary Fuels. This model addresses four dimensions of energy security. These include external and domestic factors, reflecting both risk exposure and resilience, the ability of energy systems to adapt to or withstand disruptions. In MOSES countries with similar characteristics are grouped in the energy profiles (from A to E) by each energy resource. Countries with profiles from B to E present potential markets for Russian energy resources, while countries with the profile A are our competitors. The most promising market of energy resources is China, but for Russia it is likely to become a monopsony market. The authors assume that Russia will retain its position with respect to the concluded long-term contracts for energy resources supply, but expectations about the formation of a large market niche are overestimated. The study concludes that Russia can strengthen its competitive positions due to the launch of complete products on the markets of the APEC countries, especially, due to the creation of new market niches on the basis of technological leadership
Code 339(923+13)
DOI 10.14530/se.2012.3.055-078
Keywords energy security ♦ profile ♦ export ♦ import ♦ primary energy resources ♦ crude oil ♦ natural gas ♦ coal ♦ nuclear power plant ♦ hydro power ♦ APEC ♦ Russia
Download SE.2012.3.055-078.Dyomina.pdf
For citation Dyomina O.V., Novitskiy A.A. The Energy Markets of the APEC Countries: Opportunities for Russia. Prostranstvennaya Ekonomika = Spatial Economics, 2012, no. 3, pp. 55-78. DOI: 10.14530/se.2012.3.055-078. (In Russian).
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Financing The article was supported by the integration project of FEB RAS, UB RAS No. 12-II-UO-10-018

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