Energy Relations and Policy Making in Asia
This collection of essays from leading energy, strategic, and economic policy think tanks focused on how energy relations are forming in the 21st century offers energy scholars and policy makers answers to what these increasingly close relationships mean for international politics and trade.
The chapter explores the structural shift in Russia's oil trade in Asia in the context of international competition
Today the global energy industry is undergoing major changes shifting towards the green growth and circular economy solutions. The paper offers the outcomes of the foresight study of the Russian renewable energy sector and focuses on three areas: converting solar energy into electricity; converting wind energy into electricity; and converting biomass into thermal energy and electricity. The goal of the study was to foresee and agree on the visionary future for the nascent renewable energy sector in the country, as well as to provide the scientifically justified grounds for government and corporate decision-makers. The research is based on a mixture of methods: bibliometric analysis and text mining, literature review, expert surveys and interviews, workshops, STEEPV analysis of trends, scenario analysis, and applied policy analysis. As a result of the study, major trends and uncertainties that may affect the Russian and global renewable energy sector in the next 15-20 years were identified. Other results include the scenarios for Russia’s renewable energy sector that are proposed together with recommendations for the Russian companies and public authorities. The study’s policy and market implications go beyond Russia: the outcomes may be useful for similar studies, early stage renewable energy policy planning and investment decision.
Studies rarely focus on the double interplay between the innovation potential of a company, its business model and the structure of the market faced by the company. This interplay is especially important to Russian companies working in various industries of the energy sector. Multiple initiatives launched by the Russian authorities have been intended to foster innovation in technological sectors of the Russian economy. These initiatives are often based on one or another preconceived notion of a fundamental structural framework expected to produce the best result. Focus on mergers and acquisitions is a major part of this framework in both public and private organizations. This chapter shows that mergers and acquisitions per se have little influence on innovation potential of the resulting organization. Vice versa, a proper strategy based on the clear-cut competitive advantage and the specialization corresponding to this advantage is more productive way to foster innovation in an energy company. Such a specialization can be later followed by a series of mergers and acquisition. But if this initial step has been ignored or neglected, the subsequent mergers cannot start corporate innovation. This thesis is illustrated with three cases (Eurasia Drilling Company or EDC, TGT and Rosgeologiya) described below.
The comparative analysis presents the first comparative study of the government procurement of French and Russian petroleum products with an in-depth review of foreign legal sources and national policy instruments. Based on the findings, this research led to the conclusion that public procurement of hydrocarbons is an extremely sensitive matter in the geopolitical, political and institutional sense. Despite some similarities in the general concept of French and Russian legislation in public procurement, the analysis revealed a substantial difference in the implementation of public procurement policies. Russia is characterized by a predominance of electronic auctions where the evaluation is based solely on the price whereas France uses a wide variety of different criteria to evaluate procurement offers.
National science and technology priority-setting has been an important and regular exercise performed by developed and many developing countries. This is very relevant for the conservative energy industry with long investment cycles. The future of energy is shaped by today's investments in research and development.
The Strategy for Science and Technology Development of the Russian Federation (2016) features seven priorities, one of which is related to “the transition to environmentally friendly and resource-saving energy industry”. The paper describes the foresight study of this energy priority that was launched to identify the focus of related future comprehensive science and technology funding programs. The design, methods and outcomes of this study that frame the future science and technology development in Russia's energy industry are discussed together with research and policy implications.
Smoking is a problem, bringing signifi cant social and economic costs to Russiansociety. However, ratifi cation of the World health organization Framework conventionon tobacco control makes it possible to improve Russian legislation accordingto the international standards. So, I describe some measures that should be taken bythe Russian authorities in the nearest future, and I examine their effi ciency. By studyingthe international evidence I analyze the impact of the smoke-free areas, advertisementand sponsorship bans, tax increases, etc. on the prevalence of smoking, cigaretteconsumption and some other indicators. I also investigate the obstacles confrontingthe Russian authorities when they introduce new policy measures and the public attitudetowards these measures. I conclude that there is a number of easy-to-implementanti-smoking activities that need no fi nancial resources but only a political will.
One of the most important indicators of company's success is the increase of its value. The article investigates traditional methods of company's value assessment and the evidence that the application of these methods is incorrect in the new stage of economy. So it is necessary to create a new method of valuation based on the new main sources of company's success that is its intellectual capital.