The CAREC Institute and the Asian Development Bank Institute (ADBI) have organized a joint workshop on achieving energy security in Asia during 22-23 October 2019 in Almaty, Kazakhstan.
Renowned scholars and authors of the book titled “Achieving Energy Security in Asia: Diversification, Integration, and Policy Implications,” and CAREC government officials deliberated on the status of energy consumption, energy supply, import, export, energy cooperation with neighboring countries, strategies for increasing share of renewable energy, and on analyzing the energy security levels in their respective countries.
In recent years, the issue of energy security has been identified as an overriding challenge facing Asia, particularly for developing countries who display more vulnerability due to volatilities and fluctuations in energy prices, high import dependency, lack of financial subsidies or incentives, and limited access to proper technologies and skilled manpower.
A major concern for energy policy makers in developing countries is to secure affordable, clean, and sustainable energy sources at the household and national levels.
The workshop offered policy options on how a country or a region collectively can achieve energy security through: a) analysis of regional cooperation and energy trade, b) case studies in diversification, cooperation, and integration of energy market and deployment of renewable energy, c) specialized discussions on energy security and insecurity in the CAREC region, and d) collaboration among the region’s academics, practitioners, and policy makers. The book can be ordered here: https://doi.org/10.1142/11382