Assessing Institutional Readiness of East-Asian Countries to Pass over to Technologies of Hydrogen Power Engineering

Such states of East Asia as China, Japan, the Republic of Korea depend seriously on import of primary power resources. No wonder, they do their best to extend possibilities of renewable power engineering as the industry, which could cut volumes of crude oil, natural gas and coal import and provide h...

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Main Author: K. A. Korneev
Format: Article
Language:Russian
Published: Plekhanov Russian University of Economics 2022-02-01
Series:Вестник Российского экономического университета имени Г. В. Плеханова
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Online Access:https://vest.rea.ru/jour/article/view/1242
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author K. A. Korneev
author_facet K. A. Korneev
author_sort K. A. Korneev
collection DOAJ
description Such states of East Asia as China, Japan, the Republic of Korea depend seriously on import of primary power resources. No wonder, they do their best to extend possibilities of renewable power engineering as the industry, which could cut volumes of crude oil, natural gas and coal import and provide higher power independence. The accident at the Fokusima-1 nuclear power station resulted in re-estimation of the place and role of nuclear power stations in the power generation structure not only in Japan. It formed another ground for accelerated introduction of renewable power engineering technologies. Apart from traditional solar and wind power stations we can see brand new solutions, among them the use of hydrogen for power needs. These technologies came into being in the 1960s – 1970s but only in the 2000s and later the acceptable level of security was reached as well as, at least partial commercial efficiency of using hydrogen as a power source in industry, municipal sector and transport. The article provides information about the readiness of formal institutions in the mentioned-above countries to pass over to hydrogen power plants, it also studies the present day investment mechanisms of supporting business in this field. To do this we should analyze the legal base of activity regulation in the sphere of production and consumption of hydrogen for power needs in China, Japan and the Republic of Korea and to compare results attained in this direction. This analysis could estimate a potential niche for Russia as an exporter of power hydrogen. Russia possesses all necessary resources for getting green hydrogen with the help of the hydrolysis method at hydroelectric stations. It is an acute trend as the ecologic situation in East-Asian states is continuously deteriorating.
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series Вестник Российского экономического университета имени Г. В. Плеханова
spelling doaj-art-049c54dab90e4e829d84b4bcb14f4e002025-08-20T03:36:48ZrusPlekhanov Russian University of EconomicsВестник Российского экономического университета имени Г. В. Плеханова2413-28292587-92512022-02-010151510.21686/2413-2829-2022-1-5-15907Assessing Institutional Readiness of East-Asian Countries to Pass over to Technologies of Hydrogen Power EngineeringK. A. Korneev0Institute of Far Eastern Studies of the Russian Academy of Sciences; Plekhanov Russian University of EconomicsSuch states of East Asia as China, Japan, the Republic of Korea depend seriously on import of primary power resources. No wonder, they do their best to extend possibilities of renewable power engineering as the industry, which could cut volumes of crude oil, natural gas and coal import and provide higher power independence. The accident at the Fokusima-1 nuclear power station resulted in re-estimation of the place and role of nuclear power stations in the power generation structure not only in Japan. It formed another ground for accelerated introduction of renewable power engineering technologies. Apart from traditional solar and wind power stations we can see brand new solutions, among them the use of hydrogen for power needs. These technologies came into being in the 1960s – 1970s but only in the 2000s and later the acceptable level of security was reached as well as, at least partial commercial efficiency of using hydrogen as a power source in industry, municipal sector and transport. The article provides information about the readiness of formal institutions in the mentioned-above countries to pass over to hydrogen power plants, it also studies the present day investment mechanisms of supporting business in this field. To do this we should analyze the legal base of activity regulation in the sphere of production and consumption of hydrogen for power needs in China, Japan and the Republic of Korea and to compare results attained in this direction. This analysis could estimate a potential niche for Russia as an exporter of power hydrogen. Russia possesses all necessary resources for getting green hydrogen with the help of the hydrolysis method at hydroelectric stations. It is an acute trend as the ecologic situation in East-Asian states is continuously deteriorating.https://vest.rea.ru/jour/article/view/1242long-term power engineering policylow-carbon economyhydrogen power engineeringinstitutions of power marketsinvestmentgreen hydrogen
spellingShingle K. A. Korneev
Assessing Institutional Readiness of East-Asian Countries to Pass over to Technologies of Hydrogen Power Engineering
Вестник Российского экономического университета имени Г. В. Плеханова
long-term power engineering policy
low-carbon economy
hydrogen power engineering
institutions of power markets
investment
green hydrogen
title Assessing Institutional Readiness of East-Asian Countries to Pass over to Technologies of Hydrogen Power Engineering
title_full Assessing Institutional Readiness of East-Asian Countries to Pass over to Technologies of Hydrogen Power Engineering
title_fullStr Assessing Institutional Readiness of East-Asian Countries to Pass over to Technologies of Hydrogen Power Engineering
title_full_unstemmed Assessing Institutional Readiness of East-Asian Countries to Pass over to Technologies of Hydrogen Power Engineering
title_short Assessing Institutional Readiness of East-Asian Countries to Pass over to Technologies of Hydrogen Power Engineering
title_sort assessing institutional readiness of east asian countries to pass over to technologies of hydrogen power engineering
topic long-term power engineering policy
low-carbon economy
hydrogen power engineering
institutions of power markets
investment
green hydrogen
url https://vest.rea.ru/jour/article/view/1242
work_keys_str_mv AT kakorneev assessinginstitutionalreadinessofeastasiancountriestopassovertotechnologiesofhydrogenpowerengineering