Because of broad similarities in their economies, energy security—the availability of energy at all times, in various forms, in sufficient quantities, and at affordable prices—is an issue of common concern for Asia and Europe. Any option chosen by one region will necessarily reverberate in the other. In particular, the rise in energy demand in Asia, most of all in China, will have obvious implications for Europe, as well as for the rest of the world. This publication of the Council for Asia-Europe Cooperation (CAEC), for which JCIE serves as the Asian secretariat, examines the strategic implications of the other region's choices, compares existing and potential schemes for regional cooperation, and defines areas for interregional cooperation. For example, one significant finding of the task force, a group comprised of Asian and European political scientists and economists, was a need for expertise transfer from the more advanced to the less advanced countries in the partnership.

Contents

Foreword

Karl Kaiser and Tadashi Yamamoto

1. An Overview of Options and Challenges

Françoise Nicolas, François Godement, Taizo Yakushiji

2. Energy Security in Europe—Outlook, Challenges and Policies

Jun Arima

3. Energy Outlook and Security Policies in Asia

Yuji Nakamura

4. A European Approach to Energy Security

Philip Andrews-Speed

5. An Asian Approach to Energy Security

Widhyawan Prawiraatmadja

6. Global Energy Supply and Geopolitical Challenges

Frank Umbach

7. Energy Security and Nuclear Energy in Asia

Bob van der Zwaan

8. Chinas Energy-related Issues—Implications for Regional and Inter-regional Cooperation

Li ZhiDong

9. Appendix: Summary and Policy Recommendations

Françoise Nicolas, François Godement, Taizo Yakushiji