This book is a study of the actors and institutions that shaped decision-making on privatization in the Russian oil industry between 1992 and 2006. Li-Chen analyzes the origins of privatization as a policy on a macro, industry-wide level, as well as presenting three in-depth case studies of privatization on a company level.

Detailed and comprehensive, "Waste Management in the Oil Industry" deals with strategies required to manage wastes emanating from oil exploration, development, refining, storage, and distribution in an ecologically friendly manner. Drawing on his extensive experience in the environmental engineering industry and pollution control, Dr. Aloysius A. Aguwa takes an in-depth look at the dilemmas facing the oil industry today.

Dr. Aguwa discusses key strategies needed to effectively control and manage waste associated with the oil and gas industry. These strategies can be grouped into the following categories:

Input substitution Product reformulation Production process redesign/modernization Improved operation and maintenance of production Recovery/recycle Waste treatment Drawings, figures, and tables also help support Dr. Aguwa's research. Those responsible for implementing environmentally sound disposal activities in the oil industry will find "Waste Management in the Oil Industry" an invaluable resource.

This volume presents a collection of contributions dedicated to applied problems in the financial and energy sectors that have been formulated and solved in a stochastic optimization framework. The invited authors represent a group of scientists and practitioners, who cooperated in recent years to facilitate the growing penetration of stochastic programming techniques in real-world applications, inducing a significant advance over a large spectrum of complex decision problems.

After the recent widespread liberalization of the energy sector in Europe and the unprecedented growth of energy prices in international commodity markets, we have witnessed a significant convergence of strategic decision problems in the energy and financial sectors. This has often resulted in common open issues and has induced a remarkable effort by the industrial and scientific communities to facilitate the adoption of advanced analytical and decision tools. The main concerns of the financial community over the last decade have suddenly penetrated the energy sector inducing a remarkable scientific and practical effort to address previously unforeseeable management problems. This proposal aims to include in a unified framework for the first time an extensive set of contributions related to real-world applied problems in finance and energy, leading to a common methodological approach and in many cases having similar underlying economic and financial implications.

During the spring and the summer of 2007 the School of Stochastic Programming held in Bergamo (www.unibg.it/sps2007), and the eleventh symposium on Stochastic Programming in Vienna (http: //www.univie.ac.at/spxi), offered two venues for the presentation of the chapters included in the volume. After the two events, during the fall of 2007, all the invited contributors enthusiastically accepted the invitation to present their original work in the projected volume, from which this proposal was developed.

The volume is structured in three parts, devoted to contributions related to financial applications - Part I, with 7 chapters; energy applications - Part II, with 8 chapters; and to specific theoretical and computational issues - Part III, with 6 chapters -- recently developed in the scientific community and explicitly related to the applied problems presented.

Energy insecurity is not normally associated with the Middle East. However, away from the oil-rich Persian Gulf, the countries of the eastern Mediterranean are particularly vulnerable. Their fossil fuel endowments are low, while their fractious relationships with each other have long fostered wider political insecurities. Focusing on the Jordan Basin (Israel, the Palestinian Territories, Lebanon and Jordan), this timely volume addresses the prospects for the adoption of renewable energy in the oil-poor Middle East. Featuring regional energy experts, it offers an invaluable survey.

After outlining the regional security context, this book first reviews renewable energy policy and practices in the Jordan Basin. It then considers options for greening energy use, including promising pilot projects in North Africa. The initiatives discussed encompass renewable energy finance, energy-efficient rural communities, and solar and wind energy. There is significant potential for an increase in the uptake of renewable energy technologies in the eastern Mediterranean. This window of opportunity has been created by high oil prices, energy infrastructure investment opportunities, and the UN climate change regime. In conclusion, the book considers the institutional conditions for collaborative decision-making on renewable energy. Such cooperation would deliver substantial security and human development benefits to the region, and indeed the world.

This book explores effective environmental impact mitigation for petroleum-based lubricants to reduce their negative persistence during usage and upon end-of-life disposal. The book reviews the basic tribology of lubricants as well as initiatives that may enhance the environmental and economic effectiveness of lubricating oils from the composition design perspective across industries. Considering the blending, application, and disposal of petroleum lubricants in a holistic manner, the book presents and extends current best practices that minimize or eliminate adverse environmental impact throughout the product's life cycle. The book reviews methods including: raw material substitution, minimizing oil losses during and after manufacturing, raw material and energy consumption reduction, and environmentally friendly applications of oil disposal as ways forward for cleaner and more effective production. This book provides readers with strategies for incorporating cleaner production practices into their operations - a benefit to both environmental legal compliance and business competitiveness - all the while preserving the environment for sustainable development. The book is therefore of interest to both manufacturers and consumers in the lubricants industry.

This is an ideal volume for professionals in academia, industry and government interested in the rapidly evolving area at the nexus between energy and climate change policy. The cutting-edge international contributions allow for a wide coverage of the topic.
Energy Diversity and Security focuses on the consideration of financial risk in the energy sector. It describes how tools borrowed from financial economic theory, in particular mean-variance portfolio theory, can provide insights on the costs and benefits of diversity, and thus inform investment decision making in conditions of uncertainty. It gives the reader an in-depth understanding of how to manage risk at a time when the world's focus is on this area. The book provides insights from leading authorities in the area of energy security. It gives readers abundant, rigorous analysis and guidance at a critical time in facing the twin challenges of energy security and climate change. The book also highlights the role of clean energy technology in moving towards future diverse and intelligent electricity systems. It will be a trusted, first point of reference for decision-makers in the field of energy policy.
The book includes a foreword by the 2007 Nobel Peace Prize winner. All royalties from sale of this book will be donated to charities working in the energy sector in the developing world.
- Theoretical underpinning and applied use of Portfolio theory in the energy sector
- In-depth consideration of risk
- Contributions from leading international energy economists
- Innovative methodologies for thinking about energy security and diversity

Biomass is a continuously renewed source of energy formed from or by a wide variety of living organisms. Through biochemical and thermochemical processes, it is converted into gaseous, liquid or solid biofuels, which already meet a significant share of the current world energy needs. Because of their contribution to the sustainability of energy supply, reduction of green house gas emissions as well as local employment and energy self-reliance, research interest and activity in enhancing biofuel energy output, efficiency and performance remain strong. The first part of this volume comprises five articles mainly concerned with biomass resource potential and management. More specifically, the reported investigations assess grass and lawn substrates, rapeseed straw and microalgae from Upflow Anaerobic Sludge Blanket (UASB) reactor effluents as possible sources of biogas, bioethanol and biodiesel, respectively. The emphasis in the subsequent group of eleven articles is on biomass conversion processes, aiming at assessing performance as well as output quality and diversity.Biodiesel, a fluid biofuel produced from biomass with high lipids such as rapeseed oil, sunflowers and soy beans, is the focus of two articles: the first investigates the effect of biodiesel blending with diesel fuel on diesel engine performance and emissions; the second assesses the efficiency of catalytic reforming of biodiesel into a gaseous mixture, used directly as Solid Oxide Fuel Cell (SOFC) fuel. In the last three articles, the prospects of biofuels as viable sources of energy are examined within European contexts. This volume addresses a significant number of important themes and thus combines subject breadth and density with in-depth study of biomass resourcing and processing as well as the issue of biofuel and renewable energy sustainability.

Building Corporate IQ - Moving the Energy Business from Smart to Genius gives a clear outline of organizational intelligence and provides a framework for practitioners of good leadership. The synthesis starts with an overview of the fundamental skills and competencies mastered by leaders and team members in organizations. Building Corporate IQ - Moving the Energy Business from Smart to Genius also includes a corporate IQ test that is designed to help leaders gain insight into how their organization can stay at the competitive frontier. Illustrated with case studies from the energy sector, Building Corporate IQ - Moving the Energy Business from Smart to Genius explains the guiding principles of organizational learning, with the goal of developing better organizational intelligence. It is intended as an indispensable guide for managers at all levels to help them meet and recognize new challenges in the corporate innovation process. For the third millennium, with the increase in depersonalized electronic communication, business leaders, especially in the energy industry, must quickly develop organizational intelligence in their organizations to survive. This book sets out the modus operandi. (Crispian McCredie, former Managing Director and Publisher, The Petroleum Economist). MBA graduates and seasoned professionals will find this executive guide a powerful reference during their careers. (Ken Graham, former Head Global Leadership Development, Shell).

This book describes green photocatalysts and their diverse applications in the fields of environmental sciences and energy. It especially takes a closer look at the removal of air and water pollutants, the generation of hydrogen, photo fuel cells, electrophotocatalysts, solar energy conversions, and green biophotocatalysts. Furthermore it also discusses on the role of catalysts along with their chemical reactions, challenges, past developments and directions for further research on photocatalysts. It includes recent developments of quantum dots (QDs) and photocatalytic applications of QDs such as carbon materials like carbon and graphene based QDs, metal, metal sulfide and metal oxide based QDs as well as a detailed review on various types of templates used for the preparation of porous g-C3N4 and its applications in detail. This is done with special reference to dye degradation, reduction of hexavalent Cr, and reduction of CO2 and for the evolution of H2 photocatalytically. This book offers an intriguing and useful guide for a broad readership in various fields of catalysis, material sciences, environment and energy.

Energy and environmental security are major problems facing our global economy. Fossil fuels, particularly crude oil, are confined to a few regions of the world and the continuity of supply is governed by dynamic political, economic and ecological factors. These factors conspire to force volatile, often high fuel prices while, at the same time, environmental policy is - manding a reduction in greenhouse gases and toxic emissions. Yet incr- sed growth and demand for welfare by developed and developing countries are placing higher pressure on energy resources. In particular, a large fraction of "new consumers" in developing countries already reached a purchasing power high enough as to be able to access to commodity and energy markets worldwide, thus boosting energy consumption and competition for all kinds of resources. Such a trend, although in principle may represent a progress towards diffuse welfare and wealth as well as much needed equity, is at present contributing to a rush for the appropriation of available resources which are directly and indirectly linked to energy and may contribute to planetary instability if it is not adequately understood and managed. A coherent energy strategy is required, addressing both energy supply and demand, security of access, development problems, equity, market dy- mics, by also taking into account the whole energy lifecycle including fuel production, transmission and distribution, energy conversion, and the impact on energy equipment manufacturers and the end-users of energy systems.

This book examines the dynamic relationship and volatility spillovers between crude oil prices, exchange rates and stock markets of emerging economies. Although considerable literature on relationship between exchange rates and stock markets as well as affiliation between oil prices and stock markets is available, unfortunately very little research has been conducted to analyze the volatility spillovers and dynamic relationship between crude oil prices, exchange rates and stock markets of India covering pre-recession, recession and post-recession period. More particularly, a clear research gap has been found in analyzing the volatility spillovers between above three variables in respect of India irrespective of the importance of oil prices and exchange rates as essential parameters for economic recovery and growth of the capital markets. Furthermore, the stock returns volatility is partly explained by volatility in crude oil prices and exchange rates. The volatility in stock markets is partly due to foreign interference that persuades a correlation with international markets through crude oil prices and exchange rates. Hence, a new publication on this topic is needed at this time.

This book is a compilation of case studies from different countries and covers contemporary technologies including electric vehicles and solar thermal power plants. The book highlights the real-world situations facing individual projects and highlights the strengths and weaknesses of the underlying business propositions. It also sheds light on the factors that are routinely ignored during project formulation and risk assessment, namely coordination among public and private agencies, confirmed availability of relatively minor but essential components, possibility of concurrent demand for inputs from different project proponents, etc. The book provides a systematic 'guided tour' of renewable energy (RE) projects for potential project analysts and includes the development of financial models. It concludes with an evaluation of risk and the design of risk-mitigation measures. It is designed to simultaneously appeal to business school students and to serve as a guide for practicing executives, policy makers and consultants. The cases cover several countries, currencies, policy environments, technologies and resources and will help policy makers, consultants and project analysts and proponents view RE projects in a new light.

The German abandonment of nuclear power represents one of the most successful popular revolts against technocratic thinking in modern times-the triumph of a dynamic social movement, encompassing a broad swath of West Germans as well as East German dissident circles, over political, economic, and scientific elites. Taking on Technocracy gives a brisk account of this dramatic historical moment, showing how the popularization of scientific knowledge fostered new understandings of technological risk. Combining analyses of social history, popular culture, social movement theory, and histories of science and technology, it offers a compelling narrative of a key episode in the recent history of popular resistance.

Energy has moved to the forefront in terms of societal and economic development. Modern Energy Markets is a comprehensive, economically oriented, exploration of modern electricity networks from production and distribution to deregulation and liberalization processes. Updating previous work by the authors, different aspects are considered resulting in a complete and detailed picture of the systems and characteristics of modern electricity markets. Modern Energy Markets provides clear detail whilst encompassing a broad scope of topics and includes: *A method to model energy production systems including the main characteristics of future demand side management, *Different applications of this model in nuclear and renewable energy scenarios, *An analysis of Real-Time Pricing of electricity and its potential effects across the market, and, *A discussion of the need for regulation in an easily monopolized industry. Engineering and Economics students alike will find that Modern Energy Markets is a succinct and informative resource, as will researchers interested in environmental and energy issues. The inclusion of timely and relevant issues related to economic decision will also be of value to industry and civil officials.

The Magnitude 9 Great East Japan Earthquake on March 11, 2011, followed by a massive tsunami struck TEPCO's Fukushima Daiichi Nuclear Power Station and triggered an unprecedented core melt/severe accident in Units 1 - 3. The radioactivity release led to the evacuation of local residents, many of whom still have not been able to return to their homes. As a group of nuclear experts, the Atomic Energy Society of Japan established the Investigation Committee on the Nuclear Accident at the Fukushima Daiichi Nuclear Power Station, to investigate and analyze the accident from scientific and technical perspectives for clarifying the underlying and fundamental causes, and to make recommendations. The results of the investigation by the AESJ Investigation Committee has been compiled herewith as the Final Report. Direct contributing factors of the catastrophic nuclear incident at Fukushima Daiichi NPP initiated by an unprecedented massive earthquake/ tsunami - inadequacies in tsunami measures, severe accident management, emergency response, accident recovery and mitigations - and the underlying factors - organizational issues, etc., have been clarified and recommendations in the following areas have been made. - Nuclear safety fundamentals - Direct factors of the accident - Organizational aspects - Common items (R&D, International cooperation, human resources management) - Post-accident management/recovery from the accident.

Now in its sixth edition, this guide to the oil industry, written in non-technical language, is a must-read for anyone involved in or curious about the oil industry. Engineers, executives, managers and laypersons will all find this to be a valuable, entertaining and informative guide that presents a practical study of the operations involved in oil exploration, drilling and production. Since the book s original publication in 1958, this handy volume has taught thousands about this constantly evolving industry that is so important for our everyday energy needs."

This book provides an up-to-date, rigorous analysis of the state of the art of solar photovoltaic (PV) generation. It focuses on the economic analysis of solar PV generation technologies as well as the policies that have been devised and implemented around the globe to support it. It provides the main theoretical tools for understanding the cost of these technologies, and discusses them from both a historical and comparative perspective with respect to other competing technologies (both conventional and renewable). In addition, it presents the conceptual rationale to maximize reader insights into whether and how public support for these technologies is justified as well as the consequences for the economy of different promotion measures. Integrating concepts from different economics disciplines (environmental economics, innovation economics, industrial economics and public economics) into a coherent basis for the analysis of the costs and policies for solar PV electricity, it provides an update to the literature to reflect recent advances in and deployments of solar electricity and the drastic reduction in associated costs.

The acute energy problems facing China today are characterized by their own histories and realities. Some have come about because of China's energy endowment and stage of development, while others have been created by a combination of domestic and global factors. Some are the results of an accumulation of longstanding contradictions, while others are new challenges posed by the new order. There are no "miracle cures" to solve these problems instantly. What is needed is a tireless enquiry, with goals, planning and procedures, guided by a clear energy strategy. With China's increasing dependence on foreign energy sources, and the global energy situation and greenhouse gas issue exerting an increasingly prohibiting effect on China's energy development, energy diplomacy has become an important component of Chinese diplomatic affairs. Based on a "broad energy outlook", this book studies and analyzes China's energy issues and energy strategies from the perspective of electric power. * Discusses a variety of issues, including energy transportation and allocation, end-user consumption, markets, early warning and emergency, technical innovation * As a leading player in the power and energy area, China s strategies attracts global attention * Proposes the innovative idea of "Macro Energy Perspective" * As a key player in China's energy industrial circle, the author's perspective can help global audiences to understand China's energy strategies better Electric Power and Energy in China is ideal for government energy policy makers, engineers, scientists and enterprise managers to understand China s strategy in electric power and energy. It is also a good reference for energy economics researchers, consultants and university students.

Accidents and natural disasters involving nuclear power plants such as Chernobyl, Three Mile Island, and the recent meltdown at Fukushima are rare, but their effects are devastating enough to warrant increased vigilance in addressing safety concerns. Nuclear Power Plant Instrumentation and Control Systems for Safety and Security evaluates the risks inherent to nuclear power and methods of preventing accidents through computer control systems and other such emerging technologies. Students and scholars as well as operators and designers will find useful insight into the latest security technologies with the potential to make the future of nuclear energy clean, safe, and reliable.

This book offers refineries a practical guide for implementing environmental management systems (EMS). The author, who has implemented hundreds of successful EMS programs throughout North America, Europe, Russia and the Middle East, provides a detailed explanation of what an EMS is and how it can benefit refinery operations in complying with environmental laws and improving the overall efficiency of their operations. The author s approach has been internationally recognized as an integrated model that captures improved compliance and financial savings by reducing operating costs through dedicated pollution prevention programs."

Solving the world's water problems is proving to be one of the greatest investment opportunities of our time. Already, world water supplies are inadequate to meet demand, and the problem is going to get much worse in the years ahead. The World Bank estimates that 1.1 billion people lack access to safe drinking water and about 50 percent of the world's hospital beds are populated by people who have contracted water-borne diseases. If present consumption rates continue, in 25 years the world will be using 90 percent of all available freshwater. To address the problem, trillions of dollars will need to be invested in water infrastructure projects. And while the problems are most acute in developing and rapidly growing economies, there are huge water infrastructure needs in industrialized countries, as well. In the U.S. alone, it's estimated that more than $1 trillion will be needed for water and wastewater infrastructure projects. In Planet Water, water investment expert Steven Hoffmann explains the dynamics driving the water crisis and identifies investment opportunities in various sectors of the water industry. Hoffman provides investors with the knowledge and insights they need to make informed investments in water utilities, as well as companies providing water treatment services; infrastructure services; water monitoring and analytics; and desalination services. He also discusses mutual funds and ETFs that specialize in water stocks. Investing in the water industry is certainly no pie-in-the-sky idea. Over the past five years, many water stocks have exploded in value and water stocks as a whole have outperformed the S&P 500 by a substantial amount. In Planet Water, Hoffmann provides investors with everything they need to profit from this fast-growing industry in the years ahead.

The need for clean sources of energy has increased dramatically as the realities of climate change have begun to effect life on earth. As a result, the demand for pioneering businesses in the sustainable energy industry will increase. Entrepreneurship and Business Development in the Renewable Energy Sector is a critical scholarly resource that examines the growing industry of clean energy as an opportunity to create and expand enterprises, as well as discusses the need for entrepreneurial thinking in this new and growing market. Featuring coverage on a broad range of topics such as corporate entrepreneurship, business growth cycles, and photovoltaic energy, this book is geared towards academicians, researchers, and professionals seeking current research on the expanding economic market of clean energy.