IDEAS home Printed from https://ideas.repec.org/p/phd/dpaper/dp_2013-49.html
   My bibliography  Save this paper

The Pathway to ASEAN Energy Market Integration

Author

Listed:
  • Navarro, Adoracion M.
  • Sambodo, Maxensius Tri

Abstract

Global experience in regional energy market integration presents broad elements of integration, i.e., binding agreements, physical infrastructure, standardized or harmonized rules of operation, and governing or coordinating institutions. The pathway to ASEAN Energy Market Integration (AEMI) will also involve creating these elements; however, this activity must be preceded by trust-building activities among ASEAN members. Trust should be built by candidly disclosing mutual gains from, and shared costs and externalities in energy resource development, trading energy products, market adjustments, and regulatory reforms. Shared databases and assessments could allow ASEAN members to formulate the building blocks of an AEMI regional accord. ASEAN leaders could then forge a regional accord for AEMI through 2030 with actionable targets and timetables.The targets could include establishing or strengthening institutions for facilitating integration efforts, removing border and behind-the-border barriers to energy trade and investments, harmonizing rules and standards, and building the physical infrastructure for regional energy trading. Since energy market integration takes place not only at the government level but also at the private sector level, ASEAN members must base their preparedness to join AEMI on the business case for integration rather than merely on the availability of energy resources. Moreover, at the minimum, ASEAN members should have independent energy regulators and pursue harmonization of rules and standards.

Suggested Citation

  • Navarro, Adoracion M. & Sambodo, Maxensius Tri, 2013. "The Pathway to ASEAN Energy Market Integration," Discussion Papers DP 2013-49, Philippine Institute for Development Studies.
    • Handle: RePEc:phd:dpaper:dp_2013-49
    as

    Download full text from publisher

    File URL: https://www.pids.gov.ph/publication/discussion-papers/the-pathway-to-asean-energy-market-integration
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Philip ANDREWS-SPEED, 2011. "Energy Market Integration in East Asia: A Regional Public Goods Approach," Working Papers DP-2011-06, Economic Research Institute for ASEAN and East Asia (ERIA).
    2. Gary Clyde Hufbauer & Jeffrey J. Schott, 2005. "NAFTA Revisited: Achievements and Challenges," Peterson Institute Press: All Books, Peterson Institute for International Economics, number 332, October.
    3. Philip Andrews-Speed, . "Energy Market Integration in East Asia: A Regional Public Goods Approach," Chapters,, Economic Research Institute for ASEAN and East Asia (ERIA).
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Navarro, Adoracion M., 2015. "Philippine Priorities in Expanding APEC-Wide Connectivity through Infrastructure Development," Discussion Papers DP 2015-15, Philippine Institute for Development Studies.
    2. Norbert Edomah & Chris Foulds & Aled Jones, 2016. "The Role of Policy Makers and Institutions in the Energy Sector: The Case of Energy Infrastructure Governance in Nigeria," Sustainability, MDPI, vol. 8(8), pages 1-15, August.
    3. Lozano, Lorafe & Taboada, Evelyn B., 2020. "Demystifying the authentic attributes of electricity-poor populations: The electrification landscape of rural off-grid island communities in the Philippines," Energy Policy, Elsevier, vol. 145(C).
    4. Bai, Wuliyasu & Zhang, Long & Lu, Shengfang & Ren, Jingzheng & Zhou, Zhiqiao, 2023. "Sustainable energy transition in Southeast Asia: Energy status analysis, comprehensive evaluation and influential factor identification," Energy, Elsevier, vol. 284(C).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Qadir, Saeed & Dosmagambet, Yergali, 2020. "CAREC energy corridor: Opportunities, challenges, and IMPACT of regional energy trade integration on carbon emissions and energy access," Energy Policy, Elsevier, vol. 147(C).
    2. Odgaard, Ole & Delman, Jørgen, 2014. "China׳s energy security and its challenges towards 2035," Energy Policy, Elsevier, vol. 71(C), pages 107-117.
    3. Navarro, Adoracion M. & Sambodo, Maxensius Tri & Todoc, Jessie L., 2013. "Energy Market Integration and Energy Poverty in ASEAN," Discussion Papers DP 2013-50, Philippine Institute for Development Studies.
    4. Philip L. Martin, 2016. "Migration, Trade and Remittances: Low- and High-Skilled Workers," Remittances Review, Remittances Review, vol. 1(1), pages 39-52, October.
    5. Jacob Funk Kirkegaard, 2015. "The Economic Scope and Future of US-India Labor Migration Issues," Working Paper Series WP15-1, Peterson Institute for International Economics.
    6. Cuauhtémoc Calderón Villarreal & Sarahí Sánchez León & Leticia Hernández Bielma, 2018. "The commercial opening and its impact on income in North America: Benefit or regression?," Contaduría y Administración, Accounting and Management, vol. 63(4), pages 23-24, Octubre-D.
    7. Petra Fleischer & Ross Maller & Gernot Müller, 2011. "A Bayesian analysis of market information linkages among NAFTA countries using a multivariate stochastic volatility model," Journal of Economics and Finance, Springer;Academy of Economics and Finance, vol. 35(2), pages 123-148, April.
    8. Aalto, Pami, 2014. "Energy market integration and regional institutions in east Asia," Energy Policy, Elsevier, vol. 74(C), pages 91-100.
    9. Chrzanowski Ignacy, 2011. "NAFTA and the EU are the Two on a Collision Course?," Folia Oeconomica Stetinensia, Sciendo, vol. 10(1), pages 131-141, January.
    10. Robert Blecker, 2007. "External Shocks, Structural Change, and Economic Growth in Mexico, 1979-2006," Working Papers wp157, Political Economy Research Institute, University of Massachusetts at Amherst.
    11. Blecker, Robert A., 2009. "External Shocks, Structural Change, and Economic Growth in Mexico, 1979-2007," World Development, Elsevier, vol. 37(7), pages 1274-1284, July.
    12. Mrs. Swarnali A Hannan, 2016. "The Impact of Trade Agreements: New Approach, New Insights," IMF Working Papers 2016/117, International Monetary Fund.
    13. Aalto, Pami, 2014. "Institutions in European and Asian energy markets: A methodological overview," Energy Policy, Elsevier, vol. 74(C), pages 4-15.
    14. Marc Audi, 2015. "South American Cluster: A Practical Case Study," Bulletin of Business and Economics (BBE), Research Foundation for Humanity (RFH), vol. 4(3), pages 158-181, September.
    15. Zahniser, Steven & Moreno, Adriana Herrera, 2014. "North American Agricultural Trade Policy: Are Super-Regionalism and Deeper Regional Integration the "Next Big Thing" after NAFTA," Estey Centre Journal of International Law and Trade Policy, Estey Centre for Law and Economics in International Trade, vol. 15(2), pages 1-33.
    16. Robert A. Blecker, 2006. "Macroeconomic and Structural Constraints on Export-Led Growth in Mexico," Working Papers 2006-05, American University, Department of Economics.
    17. Prud'homme, Dan, 2011. "An SIA analysis of the Investment Chapter in the EU-Canada Comprehensive Economic and Trade Agreement (CETA)," MPRA Paper 44014, University Library of Munich, Germany.
    18. Andrei STOIAN & Radu BECHERESCU, 2013. "Financial Crises Of The Last Two Decades And The Issues To Be Addressed," SEA - Practical Application of Science, Romanian Foundation for Business Intelligence, Editorial Department, issue 1, pages 200-211, June.
    19. Julián Tole Martínez, 2014. "Solución de controversias en los TLC. Aportes del Derecho de la OMC," Books, Universidad Externado de Colombia, Facultad de Derecho, edition 1, volume 1, number 702, February.
    20. Vivoda, Vlado, 2014. "Natural gas in Asia: Trade, markets and regional institutions," Energy Policy, Elsevier, vol. 74(C), pages 80-90.

    More about this item

    Keywords

    ASEAN; cross-border infrastructure; energy market integration; energy regulatory reforms; energy trading;
    All these keywords.

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:phd:dpaper:dp_2013-49. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Aniceto Orbeta (email available below). General contact details of provider: https://edirc.repec.org/data/pidgvph.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.