Comparison of Russian and Japanese Patterns for Energy Use: Implications for Business and Policy

摘要

This article's objective is to provide a brief overview of the Russian energy supply industries for those interesting in investment opportunities and international energy security improvements. The overview is built upon a technological foundation, comparing Russian and Japanese natural circumstances, energy consumers, and energy supply industries. There are similarities and differences. The data for energy demand was derived from the IEA energy balances, while information to compare energy intensity comes from publicly available national statistics. The general issues, such as climate, energy security, and energy pricing policy are presented in the Introduction and are followed by a discussion of energy consumption structure and energy intensities in industry, transportation, and residential and commercial sectors. The driving forces for enormous investments in transformation sectors are discussed, and the scale of primary energy industry extraction provides a vision of importance to the domestic and international energy markets and energy security. Finally, two different layers of investments to the Russian energy supply chain up to year 2030 are presented: one following the energy transformation path and one as a breakdown by energy.As a conclusion, some implications for business and politicians are provided for each matter discussed above.Additional information on status quo and recent developments for Russian energy-related industry, energy - related regulation and policy - can be found at the APERC website under the annual overview section.