Trading in commodity derivatives on exchange platforms is an instrument to achieve price discovery, better price risk management, besides helping macro-economy with better resource allocation. Since the inception (2003) of national online trading on multi-commodity exchange platforms, the trade...

Developing Asia is the driver of today’s emissions intensive global economy. As the principle source of future emissions, the region is critical to the task of global climate change mitigation. Reflecting this global reality and a range of related domestic issues, the governments of...

Developing Asia is the driver of today’s emissions intensive global economy. As the principle source of future emissions, the region is critical to the task of global climate change mitigation. Reflecting this global reality and a range of related domestic issues, the governments of...

Developing Asia is the driver of today’s emissions intensive global economy. As the principle source of future emissions, the region is critical to the task of global climate change mitigation. Reflecting this global reality and a range of related domestic issues, the governments of...

The world energy market is undergoing a period of great turbulence, and major challenges to global energy security are emerging. Under the current global economic crisis, the world energy demand is likely to stagnate for a couple of years ahead. But in the long run, world energy demand is...

In this analysis, we projected Japans energy demand/supply and energy-related CO2 emissions to 2050. Our analysis of various scenarios indicated that Japans CO2 emissions in 2050 could be potentially reduced by 26-58% from the current level (FY 2005) (Figure 1). These results suggest that Japan...

This paper attempts to convey three key messages : First, we believe interdependence in energy among Asian countries is vital for the economic development of key Asian countries. Second, there are several key impediments to increasing Asian interdependence; we believe addressing these impediments...

When people analyse oil prices, the forward curve is often referred to as it reflects the average view among market participants. In this paper, to what extent the forward curve provides useful information in forecasting oil prices was analysed quantitatively. Although the usefulness of the...

Japan has recently been urged to implement measures to increase utility factors for nuclear power plants in order to address energy security and greenhouse gas emission cuts. The average utility factor for Japan's nuclear power plants in 2009 rose from 58.0% in 2008 to 64.7%, still below levels...

European countries employ different strategies on gas supply security depending on the time scale : while their short-term strategies focus on economic efficiency, long-term strategies also place more emphasis on ensuring energy security. With regard to short-term natural gas procurement...