Potential of Cooperation the NEA-3 Countries in the Energy Sector in the Context of the Global Energy Transition

The article describes the specific features of the energy transition in the Big Three countries of North-East Asia (NEA-3): China, the Republic of Korea, and Japan. It is determined that these countries are important participants in the global energy transition, as evidenced by the volume of investments in renewable energy sources, the presence of a favorable institutional environment, and high activity in innovation in key technologies that ensure the energy transition. An analysis of the potential for international cooperation for the NEA-3 countries within the energy transition is conducted. It is shown that China is strengthening its positions in the world markets in all the most important technological areas within the energy transition: solar and wind power plants, nuclear energy, and electrolysers. It is determined that China has an advantage in price competition at different stages of the production chains for the creation of equipment for renewable energy sources, which determines its high share in the world market. Japan and the Republic of Korea hold the lead in the development of technologies for the production of fuel cell vehicles. It is substantiated that the efforts of the NEA-3 countries to transition to low-carbon development trajectories are part of economic strategies aimed at forming new market niches, developing international value chains in the field of green energy, and creating new export sectors of the economy

Authors

Publication Details

Journal
Regionalistica
Published
2025-01-01
DOI
https://doi.org/10.14530/reg.2025.2.5
Primary Topic
Global Energy Security and Policy
Type
article
Field-Weighted Citation Impact
0.00
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article

Potential of Cooperation the NEA-3 Countries in the Energy Sector in the Context of the Global Energy Transition

Olga Dyomina, Marina Мazitova
Regionalistica
Global Energy Security and Policy
article

Potential of Cooperation the NEA-3 Countries in the Energy Sector in the Context of the Global Energy Transition

Olga Dyomina, Marina Мazitova
article en

Abstract

The article describes the specific features of the energy transition in the Big Three countries of North-East Asia (NEA-3): China, the Republic of Korea, and Japan. It is determined that these countries are important participants in the global energy transition, as evidenced by the volume of investments in renewable energy sources, the presence of a favorable institutional environment, and high activity in innovation in key technologies that ensure the energy transition. An analysis of the potential for international cooperation for the NEA-3 countries within the energy transition is conducted. It is shown that China is strengthening its positions in the world markets in all the most important technological areas within the energy transition: solar and wind power plants, nuclear energy, and electrolysers. It is determined that China has an advantage in price competition at different stages of the production chains for the creation of equipment for renewable energy sources, which determines its high share in the world market. Japan and the Republic of Korea hold the lead in the development of technologies for the production of fuel cell vehicles. It is substantiated that the efforts of the NEA-3 countries to transition to low-carbon development trajectories are part of economic strategies aimed at forming new market niches, developing international value chains in the field of green energy, and creating new export sectors of the economy

RegionalisticaVol. 12(2)
Openalex Percentile: Top 77%
Global Energy Security and Policy
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