Subscribe free to our newsletters via your
. Space Travel News .

ADB report warns on Asian energy
by Staff Writers
Manila, Philippines (UPI) Apr 9, 2013

disclaimer: image is for illustration purposes only

Asia is on a dangerously unsustainable energy path, warns a new report from the Asian Development Bank.

Without fundamental changes to the way it consumes energy, the region's oil consumption will double by 2035, natural gas will triple and coal consumption will rise by 81 percent, the report warns.

"Asia must both contain rising demand and explore cleaner energy options, which will require creativity and resolve, with policymakers having to grapple with politically difficult issues like fuel subsidies and regional energy market integration," said ADB Chief Economist Changyong Rhee in a statement.

Although Asia has just 9 percent of proven global oil reserves, the region is on course to nearly triple oil imports by 2035, making it more vulnerable to external supply shocks, the report warns.

While 33 percent of developing Asia's oil imports came from the Middle East in 1990, by 2010 that figure had risen to 48 percent. "As this accelerating trend will likely continue, Asia's high and growing dependence on a single region poses a risk to adequate and reliable energy supply," the report states.

ADB points to Japan as a "compelling" example of managing its energy demand. While Japan is the third largest economy in the world, it has the lowest level of energy intensity.

Sparked by the oil shocks of the 1970s and enduring the collapse of oil prices in the 1980s and 1990s, Japan achieved an energy intensity in 2010 that was 25 percent lower than in 1980.

"The broader lesson that developing Asia can draw from the Japanese experience is that managing energy demand more efficiently can make a big difference to the energy pathway, and there is every reason for others to try to emulate Japan's success. The lesson for Asian governments is that they must take the lead in changing the mindset and culture of their citizens so that they use energy more efficiently and thus do their part to promote Asia's energy security," the report states.

Because Asian countries cannot meet all their power requirements individually, ADB says they must step up cross-border interconnection of power and gas grids to improve efficiency, cut costs and benefit from surplus power.

"With increased cooperation, a pan-Asia energy market is achievable by 2030," the report said.

Still, ADB says, nearly half of the world's people without electricity live in Asia, and 1.8 billion people in the region continue to rely on wood and other traditional fuels as a primary energy source.


Related Links

Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks DiggDigg RedditReddit GoogleGoogle

Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News

ENERGY NEWS Breaks Down Barriers to Clean Energy
Atlanta GA (SPX) Apr 09, 2013
Southface's initiative,, compiles information about Georgia's energy landscape and makes it easily accessible to the public using interactive maps, graphs and tables. Southface initiated the Georgia Energy Data project to clarify information about the various energy resources available in Georgia. Existing information sources did not include comprehensive details rega ... read more

Arianespace receives the second Vega for launch from French Guiana

Future Looks Bright for Private US Space Ventures

Europe's next ATV resupply spacecraft enters final preparatio?ns for its Ariane 5 launch

ILS Proton Launches Satmex 8 Satellite for Satmex

Astronaut's radiation study will be critical for Mars mission

Remaining Martian Atmosphere Still Dynamic

Registration Opens for NASA Night Rover Energy Challenge

Final MAVEN Instrument Integrated to Spacecraft

Characterizing The Lunar Radiation Environment

Russia rekindles Moon exploration program, intends setting up first human outposts there

Pre-existing mineralogy may survive lunar impacts

Lunar cycle determines hunting behaviour of nocturnal gulls

'Vulcan' wins Pluto moon name vote

Public to vote on names for Pluto moons

The PI's Perspective: The Seven-Year Itch

New Horizons Gets a New Year's Workout

Retired Star Found With Planets And Debris Disc

The Great Exoplanet Debate

NASA Selects Explorer Investigations for Formulation

The Great Exoplanet Debate Part Four

Space Shuttle substitute makes headway

NASA Commercial Crew Partner Boeing Completes Launch Vehicle Adapter Review

Swiss firm plans robotic mini-shuttle

XCOR Driving Rocket Science Forward With Lynx Suborbital Vehicle

Shenzhou's Shadow Crew

Shenzhou 10 sent to launch site

China's Next Women Astronauts

Shenzhou 10 - Next Stop: Jiuquan

NASA's Asteroid Initiative Benefits From Rich History

The Space Cowboys are Back

More Treasures from Asteroids

NASA wants to tow an asteroid to the moon: senator

The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement