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Books > Business & Economics > Industry & industrial studies > Energy industries & utilities
This book shows how the links between energy security and national and international law and policies on green energy pose challenges to a transition towards a green energy system. Based on empirical work carried out in two very different country case studies - Great Britain and Brazil - this book attempts to foster a better understanding of the role played by energy security in constructing and deconstructing green energy policy initiatives. The broad range of views raised in national contexts leads to legal disputes in international forums when attempts are made to address the issues of this energy security/green energy interplay. As such, building on the findings of the case studies, this book then analyses the interplay between energy security and green energy development in international trade law as encapsulated in the law of the World Trade Organisation (WTO). Finally, the author proposes a way forward in creating the legal space in the law of the WTO for trade restrictive measures aimed at ensuring green energy security.
This book is a concise review of the current status and future prospects of concentrating photovoltaic (CPV) technology. Starting with a summary of the current technical and economic status of CPV technology, it identifies the factors that hold CPV back in the commercial market. The main technical areas considered are solar cells, tracking and optics. The solar cells section focuses on spectrum splitting systems, which offer potentially higher efficiency than multi-junction cells with reductions in the manufacturing constraints that lead to high costs. It also offers a brief survey of the latest developments in spectral splitting alongside a discussion of the advances in solar cell manufacturing that aid the development of such systems. Further, it examines electrical design principles for spectral splitting systems that can improve the spectral stability of these systems' performance. The section on tracking includes a description of tracking integration with an update of the review published in Nature, presenting the latest advances in the field and focusing on surveying conceptual approaches rather than providing an exhaustive description of the literature. The optics section explores 3D printing and other emerging methods of fabricating optics for both prototype and large-scale production, as well as new classes of concentrators, particularly those based on novel photonic materials such as angular filters. Lastly, the authors consider the impact that environmental factors have on the performance of CPV in non-standard environments before concluding with a discussion of the combinations of technologies that they anticipate will most effectively boost CPV in the commercial market.
This book presents the proceedings of the International Conference on Health, Safety, Fire, Environment, and Allied Sciences (HSFEA 2018), highlighting the latest developments in the field of science and technology aimed at improving health and safety in the workplace. The volume comprises content from leading scientists, engineers, and policy makers, discussing water pollution and advanced remedial measures, and the impact on health and the environment. Topics of discussion include research on emerging water pollutants, their sources, monitoring and control. The contents of this volume will be of interest to researchers, practitioners, and policy makers alike.
This books analyses how transnational gas markets have evolved and impacted on EU-Russia energy relations. It examines how the political conflict surrounding Ukraine has accelerated a negative interdependence in the region, with energy interdependence increasingly used as an instrument of diplomacy.
This book uses electricity-sector reforms to question some of the preconceived ideas concerning the MENA region and to provide a broader analysis of related political economy issues. It presents potential further developments of MENA's electricity-sector reforms, taking into consideration the region's unique constraints and opportunities, and discusses the practical limits of reform and deregulation. Specifically, it examines the relationship between reforms and oil prices from a new perspective and presents alternatives to the Single Buyer Model. Complementing existing research on electricity-sector reforms in other emerging markets, the book provides a new analytical framework for assessing reforms that can be easily applied to other markets and sectors.
This book explains how and why large oil-producing corporations have affected government institutions, energy policy, and politics in the United States—and suggests how their influence can be reduced. Big oil is the leading factor in U.S. energy politics today; the largest oil-producing companies also constitute a formidable force and interest group in American politics. This book examines why oil is so important and how the prominence of huge corporations—often working in the absence of countervailing forces—has affected government institutions, policy (with a focus on energy policy), and politics in the United States. Analyzing big oil's influence on political outcomes, particularly through campaign contributions and lobbying, this book shows how strong corporate power affects political participation. The book documents how the influence of big oil flows in all directions, intricately connecting U.S. policies at all levels—foreign policy, federal, state, and even local—regarding oil exploration, development, production, and transportation. Readers will come away with a clear understanding of how these multi-tiered relationships between oil corporations and governments work to the advantage of corporations—and to the disadvantage of states and the citizens they represent.
The Mexican expropriation of British and American properties in March 1938 marked the first time any oil-producing country successfully stood up to foreign companies who claimed to own oil properties in that country and who had the support of their respective governments. Totally reliant on overseas oil at a time when war seemed imminent, British officials responsible for policy toward Mexico immediately emphasized the importance of preventing other oil-exporting nations from following Mexico's lead. Washington also sought to make an example of Mexico--one that would guarantee respect for U.S. businesses operating abroad. Although both Washington and London wanted to return to the pre-expropriation status quo, Washington was unwilling to work with London to achieve this goal, and Washington's attitude paralleled its reaction to British efforts to get U.S. support on certain defense issues during this critical period. The resulting Anglo-American strife over how to handle Mexico was also consistent with Anglo-American commercial competition and the oil rivalry in Mexico early in the century.
For over 130 years, Imperial Oil dominated Canada's oil industry. Their 1947 discovery of crude oil in Leduc, Alberta transformed the industry and the country. But from 1899 onwards, two-thirds of the company was owned by an American giant, making Imperial Oil one of the largest foreign-controlled multinationals in Canada. Imperial Standard is the first full-scale history of Imperial Oil. It illuminates Imperial's longstanding connections to Standard Oil of New Jersey, also known as Exxon Mobil. Although this relationship was often beneficial to Imperial, allowing them access to technology and capital, it also came at a cost, causing Imperial to be assailed as the embodiment of foreign control of Canada's natural resources. Graham D. Taylor draws on an extensive collection of primary sources to explore the complex relationship between the two companies. This groundbreaking history provides unprecedented insight into one of Canada's most influential oil companies as it has grown and evolved with the industry itself.
This book examines the economics and related impacts of unconventional shale gas development. While focusing on the Marcellus and Utica Shales in the Mid-Atlantic region, additional insights from other regions are included to provide a broader view of these issues. Shale gas development in recent years has changed the energy discussion in the US, as existing reserves of natural gas coupled with horizontal drilling and hydraulic fracturing make exploitation of these reserves economically feasible. The importance of natural gas is seen as likely to continue to expand over the coming years, and is expected to increase even further with environmental considerations, such as greenhouse gas emissions. Horizontal drilling and hydraulic fracturing producing natural gas from deposits such as the Marcellus Shale is making the US a net producer of natural gas. Previous studies have examined the economic impact of exploration and production in the region. Other studies have addressed legal, environmental, biodiversity, and public health impacts of unconventional shale development. This is the first volume to focus solely on the economics and related financial impacts of this development. This book not only fills the research gap, but also provides information that policy makers and the public need to better understand this pressing issue.
The second of two works resulting from the author's extensive study of energy and the world economy, this book examines the international macroeconomic aspects of energy adjustment. Specifically, the author analyzes the ways in which economies adjust to external shocks, particularly the oil price shock and other energy market changes of the 1970s and early 1980s. He seeks to put the recessions experienced by industrial countries during the last decade in historical and analytical perspective, arguing that with the increasing openness of the world economy, the effects of the domestic policies of the industrial economies are increasingly relevant to the economic prospects of developing countries. He argues further that the apparent problems of the global economy during the post-1973 era--stagnant growth, inflation, the international debt crisis, and rising protectionism--are in part the result of a deterioration in the economic performance of industrial countries. The author begins by examining the effects of energy supply disturbances on the world economy. Subsequent chapters explore such issues as challenges to economic stabilization policy; the impact of external shocks on the economies of less developed countries, especially with regard to inflation and balance of payments problems; the relationship between world payment imbalances and recycling problems; and the link between energy markets and the international debt crisis. Finally, the author provides a theoretical framework for the international adjustment to energy shocks, focusing on flexible exchange-rate policy responses to exogenous shocks in the 1970s and the contribution of exchange rate misalignment to the international debt crisis of the 1980s.
In the emerging post-Cold War new world order, the economics and politics of the oil industry will be quite different. New approaches and mechanisms are under way to deal with new challenges and old difficulties, such as environmental imperatives and the uncertainty of prices and availability. This edited volume provides an authoritative and comprehensive view of changing oil markets through informative discussions on global oil reserves, production and consumption trends, futures markets, refining, the political economy, and global environmental concerns. A very useful tool for researchers, scholars, and businesspeople in energy and environmental policy economics, political economics, economics of natural resources, and regional economics.
Shortlisted for the Financial Times and McKinsey Business Book of the Year Award, and one of The Observer's 'Thirty books to help us understand the world'. Are we really to blame for the climate crisis? Over 70 per cent of global emissions come from the same 100 organisations, but fossil-fuel companies have taken no responsibility themselves. Instead, they have waged a 30-year campaign to blame individuals. The result has been disastrous for our planet. In The New Climate War, renowned scientist Michael E. Mann argues that all is not lost. He draws the battle lines between the people and the polluters - fossil-fuel companies, right-wing plutocrats, and petro-states - and outlines a plan for forcing our governments and corporations to wake up and make real change.
The water and power industries, including the most capital-intensive producers of goods and services in our economy, are exposed to financial risks of staggering proportions. With projects that are routinely large and require long-term planning, and with demand and supply often highly volatile, costs regularly defy prediction. Still, there has been little explicit analysis of financial risk in the water and power industries. In this work, C. Vaughan Jones provides a comprehensive discussion of financial risk and risk analysis for these utilities. Writing in clear, straightforward language, he explores the application of risk analysis to construction projects, rate-setting and price effects, and customer characteristics. In developing a method for evaluating risk, Jones brings together material from business, engineering, economics, demography, probability theory, computer simulation, and policy studies. The materials are organized around risk factors affecting costs and revenues, and support a practical analysis with spreadsheet and simulation examples. Separate chapters present findings relating to the variability of construction costs, customer demand, and population growth. Together with qualitative information about risks, these chapters offer suggestions about quantitative representation of relevant patterns of variability of key risk sources. The techniques are integrated in simulation models dealing with contract risk, the evaluation of sinking funds and amortization schedules, and long-run capacity planning. The concluding chapters summarize major findings, consider issues of reliability and validation, and discuss the way in which this analysis can be applied to a variety of infrastructure investments. Finance and investment professionals and students in business and finance studies will find this work to be a useful reference tool. For public and academic libraries, it will represent a valuable addition to their collections.
This standard reference serves the industrial community as an authoritative source on cooling water problems. The problems of corrosion measurement and control are intensively examined and the more recently developed cooling water additives are reviewed. Advances in treatment chemicals and chemical cleaning are thoroughly explored.
Floods are difficult to prevent but can be managed in order to reduce their environmental, social, cultural, and economic impacts. Flooding poses a serious threat to life and property, and therefore it's very important that flood risks be taken into account during any planning process. This handbook presents different aspects of flooding in the context of a changing climate and across various geographical locations. Written by experts from around the world, it examines flooding in various climates and landscapes, taking into account environmental, ecological, hydrological, and geomorphic factors, and considers urban, agriculture, rangeland, forest, coastal, and desert areas. Features Presents the main principles and applications of the science of floods, including engineering and technology, natural science, as well as sociological implications. Examines flooding in various climates and diverse landscapes, taking into account environmental, ecological, hydrological, and geomorphic factors. Considers floods in urban, agriculture, rangeland, forest, coastal, and desert areas Covers flood control structures as well as preparedness and response methods. Written in a global context, by contributors from around the world.
This book explores the process of policymaking and implementation in the finance, energy and security sectors in the United Arab Emirates. It looks at the role of informal advisory networks in a nascent private sector, federal politics, and historical ties in foreign relations.
This book is a comprehensive economic and legal study of the theoretical and practical aspects of the problems of increasing energy efficiency; self-motivation of energy saving by business entities within the framework of their corporate responsibility; regulatory mechanisms to stimulate energy conservation in the economy; civil-law regulation of foreign trade turnover of energy resources between economic entities of the Russian Federation and companies of member states of international integration associations - the CIS, EEMP, the EU and BRICS. It argues that technological energy saving plays a key role in reducing the energy intensity and increasing the energy efficiency of the economy, and substantiates the need for institutional support - including legal support for the participation of the Russian Federation - in various forms of international cooperation. Lastly, based on an analysis of current legislation, programs and recommendations, judicial and contractual practices, customs and trade procedures, it offers proposals for the developing, improving and unifying civil law regulation of obligations in the sphere of international trade in energy resources, as well as methodological recommendations for drafting foreign trade contracts in the energy sector.
The recent European Council Directive 114/08 requested the EU Member States to perform an assessment aimed at the identification and designation of the so-called European Critical Infrastructures (ECI). Every analysis of the results of the "first round" of identifications and designations has only taken into account the numbers of ECIs effectively designated, consequently leaving aside all of the other elements related to this important path towards a harmonized vision of the "European Security." This work, with its unprecedented approach, focuses on the elements that have maximized or frustrated the ambitious European objectives and on the issues that might have prevented the directive reaching its full potential. Furthermore, the study offers an in-depth perspective on the lessons learned - including those that can be learned from the US pre-post 9/11 CIP policies - as well as an assessment of the state of play of the Member States after the implementation of the directive, together with predictions for future challenges.
Enhanced-Oil Recovery (EOR) evaluations focused on asset
acquisition or rejuvenation involve a combination of complex
decisions, using different data sources. EOR projects have been
traditionally associated with high CAPEX and OPEX, as well as high
financial risk, which tend to limit the number of EOR projects
launched. In this book, the authors propose workflows for EOR
evaluations that account for different volumes and quality of
information. This flexible workflow has been successfully applied
to oil property evaluations and EOR feasibility studies in many oil
reservoirs. The methodology associated with the workflow relies on
traditional (look-up tables, XY correlations, etc.) and more
advanced (data mining for analog reservoir search and geology
indicators) screening methods, emphasizing identification of
analogues to support decision making. The screening phase is
combined with analytical or simplified numerical simulations to
estimate full-field performance by using reservoir data-driven
segmentation procedures. Assets evaluated include reservoir types ranging from oil sands to condensate reservoirs. Different stages of development and information availability are discussed
This book addresses sustainability thinking and the bigger picture, by taking into consideration how and from where contemporary schools of thought emerged approximately a quarter-century ago. Evidence from the literature illustrates a number of key concepts and techniques that have been tested and continue to be tested, within various multi-disciplinary fields, on societal functionality. Research into sustainable societies needs to be sound, ethical, and creative. A cross-sectoral, interdisciplinary examination of challenges and strategies is used to interlink sustainability thinking and human-nature relations. With an ever-growing number of people now concentrated within urban areas, providing not only environmental quality and livable space, but also security and resilient urban systems, is becoming increasingly important. This urbanization trend has overlapped with environmental degradation, consumption of natural resources, habitat loss, and overall ecosystem change. Consequently, the goal is for cleaner, safer societies - with higher standards of living - to excel in support of current and future generational communities. The book tackles these challenges by integrating environmental scholarship, economic evaluation, and urban strategies under one umbrella of thought. The relational paradigms presented include examples that correlate developed and developing countries, socioeconomics and community development, and governance of knowledge and education. As such, the book argues, furthering of knowhow should be accessible and shared in order to achieve maximum innovation and benefit. Sustainability thinking, after all, is a metric for intrinsic human-nature relations in terms of past performance, present development, and future goals. This book discusses this metric and offers novel approaches to growing societies and what we can do next.
This volume summarizes our current knowledge on different biomass-converting enzymes and their potential use in converting biomass into simple sugar to generate bioenergy and other value added co-/by products. It consists of 13 chapters and is divided into three parts: cellulases; hemicellulases; and lignocellulose oxidoreductases. Written by international experts, the contributions offer clear and concise descriptions of both standard and new technologies. It is an invaluable reference resource for undergraduates, post-graduates, researchers and practitioners in the field of microbial enzymes for biofuel and biorefinery applications.
This book takes a fresh look at pricing, product differentiation and the need for decommoditisation in market sectors where products and services are standardised and interchangeable. In the first chapters the book explains what commodities are, and puts them into a historical perspective to promote an understanding of their production and its effects. From this baseline the book then presents a case study on how decommoditisation has progressed within the energy industry. Building on this case study and learnings from other sectors, it develops a theoretical framework, characterising the processes and mechanisms observed to be extended towards different industries. This framework is then utilised in the following chapters as a model to explain the progression of decommoditisation, and to examine other sectors through this lens. To conclude, the book presents the implications for stakeholders and suggestions on how to respond to them from a policy and business standpoint. In a final chapter the book develops an outlook on current trends and possible alternative pathways, and summarizes the main takeaways for management professionals and policymakers alike. |
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