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Books > Business & Economics > Industry & industrial studies > Energy industries & utilities
Jackups, semisubmersibles and drillships are the marine vessels used to drill offshore wells and are referred to collectively as mobile offshore drilling units (MODUs). MODUs are supplied through newbuild construction and operate throughout the world in highly competitive regional markets. The Offshore Drilling Industry and Rig Construction Market in the Gulf of Mexico examines the global MODU service and construction industry and describes the economic impacts of rig construction in the United States. The industrial organization and major players in the contract drilling and construction markets are described and categorized. Dayrates in the contract drilling market are evaluated and hypotheses regarding dayrate factors are tested. Models of contractor decision-making are developed, including a net-present value model of newbuilding investment and stacking decisions, and market capitalization models are derived. Jackup construction shipyards and processes are reviewed along with estimates of labor, equipment, and material cost in U.S. construction. Derivation of newbuild and replacement cost functions completes the treatise. The comprehensive and authoritative coverage of The Offshore Drilling Industry and Rig Construction Market in the Gulf of Mexico makes it an ideal reference for engineers, industry professionals, policy analysts, government regulators, academics and other readers wanting to learn more about this important and fascinating industry.
Since the European Union's de-regulation policy for electricity and
energy suppliers was implemented, new strategic configurations have
emerged. Traditional restraints of geographical limitations on
energy companies have been partly removed: the diversity at
national regulatory and company level means that the European scene
is one of a multiplicity of strategic configurations and
developments, whilst also being complex and segmented. This book highlights the strategic and regulatory challenges of
European deregulation, with its main focus being on the business
strategies within the emerging de-regulated electricity markets;
various regulatory implications which are being raised in this new
climate are discussed. Some of the central strategic issues facing
the electricity industry in its new competitive context are
explored and reviewed, with classical themes debated as a prelude
to the following empirical investigation of actual business
strategies pursued by the electricity and energy industries. The main section of this work consists of 7 national case
studies of business strategies which also include one North and one
South American case. These were considered important inclusions as
the North American companies are large investors in the European
market, whilst the European companies invest in the South American
market. The final chapter is a comparison and summary of the
national patterns of market structures, business strategies and
regulatory styles with a brief look at some challenges to be faced
in future.
The objectives of nuclear criticality safety are to prevent a self-sustained nuclear chain reaction. This Safety Guide provides guidance and recommendations on how to meet the relevant requirements for ensuring subcriticality when dealing with fissile material and for planning the response to criticality accidents. The recommendations address how to ensure subcriticality in systems involving fissile materials during normal operation and during credible abnormal conditions, from initial design through commissioning, operation and decommissioning. This publication also provides recommendations on identification of credible abnormal conditions; performance of criticality safety assessments; verification, benchmarking and validation of calculation methods; safety measures to ensure subcriticality; and management of criticality safety. The guidance and recommendations are applicable to both regulatory bodies and operating organizations.
This book aims to make the best use of fine-grained smart meter data to process and translate them into actual information and incorporated into consumer behavior modeling and distribution system operations. It begins with an overview of recent developments in smart meter data analytics. Since data management is the basis of further smart meter data analytics and its applications, three issues on data management, i.e., data compression, anomaly detection, and data generation, are subsequently studied. The following works try to model complex consumer behavior. Specific works include load profiling, pattern recognition, personalized price design, socio-demographic information identification, and household behavior coding. On this basis, the book extends consumer behavior in spatial and temporal scale. Works such as consumer aggregation, individual load forecasting, and aggregated load forecasting are introduced. We hope this book can inspire readers to define new problems, apply novel methods, and obtain interesting results with massive smart meter data or even other monitoring data in the power systems.
Due to the characteristics of electricity, power markets rank among the most complex markets operated at present. The requirements of an environmentally sustainable, economically efficient, and secure energy supply have resulted in the emergence of several interrelated markets that have to be carefully engineered in order to ensure efficient market outcomes. This book presents an agent-based simulation model that facilitates electricity market research. Simulation outcomes from this model are validated against price data from German power markets. The results significantly contribute to existing research in agent-based simulation and electricity market modeling, and provide insights into the impact of the market structure and market design on electricity prices. The book addresses researchers, lecturers and students who are interested in applying agent-based simulation to power markets. It provides a thorough discussion of the methodology and helpful details for model implementation.
"International Energy Forum 1999" was held in Washington D.C. during November 5-6, 1999 in the Hyatt Regency Hotel in Crystal City. Once again the main topic was Nuclear Energy. Various papers presented contained pros and cons of Nuclear Energy for generating electricity. We were aiming to clarify the often discussed subject matter of the virtues of Nuclear Energy with regard to Global Warming as compared to using fossil fuels for the generation of electricity. The latter is also currently the only way to operate our means of transportation like automobiles, planes etc. Therefore emission into the atmosphere of greenhouse gases constitutes the main source of Global Warming, which is absent in the case of Nuclear Energy. These arguments are often put forward to promote the use of Nuclear Energy. However not all is well with the Nuclear Energy. There are the questions of the waste problem so far unsolved, safety of Nuclear Reactors is not guaranteed to the extent that they are inherently safe. If we aim to construct inherently safe reactors, then the economics of a Nuclear Reactor makes it unacceptable.
This work is the only economic history of Venezuela written in English. In it, Salazar-Carrillo provides estimates that have not been published previously on the Venezuelan economy in general, and the oil component in particular. Evolution of the oil industry in Venezuela is covered in detail and the concept of the retained value of oil expenditures and tnvestment is developed. Recent government policies and the performance of the Venezuelan economy are evaluated, and export-oriented strategies are considered. The appropriateness of these plans in fostering economic development is discussed.
This volume offers refineries a practical guide to implementing environmental management systems (EMS). The author, who has implemented hundreds of successful EMS programs throughout North America, Europe, Eastern 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 authors approach, which does not focus, like most programs, only on compliance, has been internationally recognized as an integrated model that captures improved compliance and financial savings by reducing operating costs through dedicated pollution prevention programs.
Today, the optimization of production planning processes by means of IT and quantitative methods is a de-facto standard in the energy industry. Franch et al. inChapter1andIkenouyeinChapter2giveanintroduction, overview, and reasonsforthis. Furthermore, theenergyproblemnowisnotonlyachallenging one but also one of the most important issues in the world from the political and economical points of view. In every country, the government is faced with the problem of how to adopt the system of 'Cap and Trade. ' Especially energy consuming industries, such as steel, power, oil and chemicals, are seriously confronted with this problem. VIII Preface This is also the reason why the German Operations Research Society (GOR) and one of its working groups, held a symposium with the title "Stochastic Optimization in the Energy Industry. " During the 78th meeting of the GOR working group "Praxis der Mathematischen Optimierung/Real World Optimization" in Aachen at Procom GmbH on April 21/22, 2007, the speakers with an application background explained their requirements for stochasticoptimizationsolutionsbasedonpracticalexperiences. Thespeakers from the research side and the software system suppliers examined di?erent aspects of the whole subject - from the integration of wind energy, the chain of errors in nuclear power plants and the scheduling of hydroelectric power stations, and the risk assessment in trading activities to the various software systems which support stochastic optimization methods. The symposium o?ered an interesting overview which re?ected the - quirements, possibilities and restrictions of "Stochastic Optimization in the Energy Industry.
This book provides a novel and holistic perspective on the deployment of prepaid electricity meter technology among energy impoverished (vulnerable) households based in developing or under-developed communities of Sub-Saharan Africa. It explores and reviews the nexus between the technology and socio-economic development, technology acceptance and rejection in low-income households, and ultimately proposes a contextual model to avert or assuage energy poverty in the region using the technology. Science is applied as a convenient, valid, and reliable model to generate bespoke, contextual, and relevant knowledge for policy makers on the development of prepaid meter market in the region. The knowledge shared contributes to extant discourse and debates around the effectiveness of the technology within indigent household settings. The book is intended for energy/electricity utilities, prepaid electricity businesses, policy developers, and other interested parties whose work is related to prepaid electricity meters.
Nanotechnology is a rapidly evolving field finding newer and newer areas of application that remained unexplored previously. In the area of civil infrastructure systems such as buildings, roads, and bridges, there is a drive towards understanding the behavior of component materials and their interactions at the molecular or nano-level to manipulate and effect macro-level changes to engineer designer or smart materials. Nano-engineering and nano-modification of concrete and bituminous materials have far-reaching implications allowing the development of cost-effective, high-performance, and long-lasting products and processes for civil infrastructure within the ideals of sustainable development. This book focuses on the latest advances made in the development and characterization of nanotechnology based civil engineering materials, structures, and systems. Specific topics discussed in this book include nanoscience modeling to understand the atomic structure of C-S-H, the effect of nanomaterials on cement hydration and reinforcement, multifunctional concrete and Carbon Nanotube (CNT) reinforced cementitious systems, nano-optimized construction materials by nano-seeding, moisture damage characterization of asphalt materials using Atomic Force Microscopy (AFM) and nanoindentation, nanoclay-modified asphalt binder systems, etc.
"This book investigates the business strategies chosen by oil and gas service companies operating in China, Singapore and Malaysia. It provides an analytical view of the reliability of strategic theoretical frameworks based on Western business practice but applied in a non-Western business environment like Asia"--Provided by publisher.
Jens HETLAND & Teimuraz GOCHITASHVILI In contrast to oil, natural gas is usually routed through pipeline systems stretched from the wellhead to the end-user - although liquefied natural gas (LNG) is gaining increased interest; the commercialisation of natural gas fields is inherently linked to rigid transportation systems that require huge investments in tangible assets fixed to specific locations; the supply of natural gas is constrained by the transportation system, and requires access to appropriate infrastructure for transport and distribution; the trading of natural gas is traditionally associated with long-term contracts, albeit the duration per se of gas transport contracts appears to be less important after the deregulation of the energy markets. As diversification is strategically important to modern societies, the security of energy supplies becomes an inherent issue. In order to avoid situations of shortage, and to keep the price level stable, industrial nations are paying attention to the security of energy supplies. In brief terms this means that having more than one supplier of natural gas and more than one transport route would be strategically important. This also affects political issues and international law and regulations, economics, science and technology. The purpose of this book is to address opportunities extended from science and research pertaining to the exploitation and international trading of natural gas that involves transit countries. This especially relates to the transport and handling of gas from remote regions and pipelines that are
This book will serve as a reference guide, and state-of-the-art review, for the wide spectrum of numerical models and computational techniques available to solve some of the most challenging problems in coastal engineering. The topics covered in this book, are explained fundamentally from a numerical perspective and also include practical examples applications. Important classic themes such as wave generation, propagation and breaking, turbulence modelling and sediment transport are complemented by hot topics such as fluid and structure interaction or multi-body interaction to provide an integral overview on numerical techniques for coastal engineering. Through the vision of 10 high impact authors, each an expert in one or more of the fields included in this work, the chapters offer a broad perspective providing several different approaches, which the readers can compare critically to select the most suitable for their needs. Advanced Numerical Modelling of Wave Structure Interaction will be useful for a wide audience, including PhD students, research scientists, numerical model developers and coastal engineering consultants alike.
This book focuses on the introduction of new and modern maintenance management frameworks of assets in the electricity & gas network sector and more specifically, on electricity networks for distribution. The author describes methodologies for developing and implementing maintenance management maturity models, using case studies to show how these have been applied. These maturity models are discussed as part of an overarching, multi-disciplinary organizational maintenance management professionalization framework. This book adds a new dimension to the well-known Reliability Centered Maintenance (RCM) method, by incorporating failure modes via multiple scenarios into business values, by means of statistical risk calculation methods. The author demonstrates a method called Utility Risk Linked RCM, which uses a statistical tool to develop failure models which can be used to predict future failure behavior of assets in relation to corporate business values. This new method is a practical, structured and comprehensive framework for assessing risk based maintenance policies. The book also proposes a condition monitoring framework that can be used as a guide to assist asset managers in identifying the relationship between failure modes, ageing processes to select amongst condition monitoring regimes.
Aimed primarily at operating organizations of nuclear power plants (NPPs) and regulatory bodies, this Safety Guide provides specific recommendations to ensure that operations in NPPs are conducted in a safe, effective, thorough and professional manner. It identifies the main responsibilities and operating practices in relation to such safe operation. The structure of the operations department, which is the part of the operating organization responsible for the conduct of operations of an NPP is addressed. Also addressed are the setting of high standards of performance and making safety related decisions in an effective manner, conducting control room activities in a thorough and professional manner and maintaining a nuclear power plant within the established operational limits and conditions.
Despite prices of around $70 a barrel, the world is experiencing the fastest growth in oil demand in more than twenty-five years. The Institute for Management Development organized a research conference entitled "Energy Futures" in November 2005. Eighteen international energy researchers, policy makers and executives discussed specific aspects of today's energy industry and its likely evolution. This volume is based on this conference and brings together energy experts of rather different analytical views, doctrinal convictions and stakeholder affiliation to discuss the implications and growth of the oil industry.
Petrocinema presents a collection of essays concerning the close relationship between the oil industry and modern media-especially film. Since the early 1920s, oil extracting companies such as Standard Oil, Royal Dutch/Shell, ConocoPhillips, or Statoil have been producing and circulating moving images for various purposes including research and training, safety, process observation, or promotion. Such industrial and sponsored films include documentaries, educationals, and commercials that formed part of a larger cultural project to transform the image of oil exploitation, creating media interfaces that would allow corporations to coordinate their goals with broader cultural and societal concerns. Falling outside of the domain of conventional cinema, such films firmly belong to an emerging canon of sponsored and educational film and media that has developed over the past decade. Contributing to this burgeoning field of sponsored and educational film scholarship, chapters in this book bear on the intersecting cultural histories of oil extraction and media history by looking closely at moving image imaginaries of the oil industry, from the earliest origins or "spills" in the 20th century to today's post industrial "petromelancholia."
This book analyzes energy security through the lens of oil and natural gas and explains how geopolitics and security challenges affect India's quest for energy security. It also offers insights into India's international trade and investment in the overseas oil and natural gas markets and discusses shale energy, adopting region-specific (Africa, West Asia, Central Asia, and LAC), country-specific (Russia and the US), maritime-specific (Arctic and South China Sea), and pipeline-specific (TAPI, MBI, IPI, and RCI) approaches to analyze India's oil and natural gas trade and investment abroad. The introductory chapter examines energy perspectives in international relations and conceptualizes energy geopolitics and energy security from both international and Indian standpoints. The book also highlights the similarities and differences in the issues involved in the global oil and natural gas market, and India's approach to these, offering a roadmap for holistic and integrated energy security through oil and natural gas. Since India's energy trade and investment in the international oil and natural gas market are not free from the effects of political instability, corruption, environment crisis, militancy, terrorism, war, and geopolitical involvement and interference, the book investigates the nature and extent of the security threats and competition India faces in the oil and natural gas-producing countries while pursuing its trade and investments there. As major sources of energy, oil and natural gas are strategic assets, and energy security is one of the core areas of India's foreign policy pursuits. As such, the chapters critically assess India's energy policy and resource diplomacy, providing analyses of the issues raised, identifying the central arguments and presenting existing cooperations - with past examples where necessary. The book appeals to scholars and policymakers active in the fields of energy, political science, international relations, economics, foreign policy, peace and conflict, security and geopolitics, as well as non-experts interested in this topic.
Most nuclear proliferation literature is focused on states seeking nuclear weapons, conducted in most cases clandestinely. The sharing of nuclear weapons technology between states is as important strategically, if unexpected, because nuclear weapons are such a powerful instrument in international politics. This book proposes to answer why, if nuclear weapons are such good preservers of peace, are states not more willing to see them proliferate? Schofield also examines the underlying phenomenon of the threat of proliferation races, and how nonproliferation bargains between adversaries make nuclear sharing far less common. But sharing is not rare. This book proposes a theory to explain nuclear sharing and surveys its rich history from its beginnings in the Second World War, including the cases of France-Israel, US-NATO, Russia-China, Israel-South Africa, China-Pakistan and Pakistan-Iran, as well as the incidence of soft balancing and permissive nuclear sharing in the cases of the US and Japan, Israel and India.
One of the first books to analyze business and financial aspects of sustainable transport and fuels systems and provides novel insights for researchers, managers, and politicians who work in energy and sustainability related areas.
This book reviews health hazards associated with wastewater use and water pollutants. Chapters present applications of green materials made of agricultural waste, activated carbon and magnetic materials for wastewater treatment. The removal of toxic metals using algal biomass and the removal of toxic dyes using chitosan composite materials are also discussed. The book includes reviews on the removal of phenols, pesticides, and on the use of ionic liquid-modified activated carbon for the treatment of textile wastewater.
In this revealing book Nobel Laureate Glenn T. Seaborg tells what
it was like to be chairman of the Atomic Energy Commission during
the Nixon presidency. He draws extensively from his meticulously
kept diary, enabling the reader to be a fly on the wall during
meetings with Nixon, Henry Kissinger, and other key policy makers.
During the Nixon period, the debate over how to deal with the
Soviets on nuclear issues and arms control remained central. On the
domestic scene efforts to promote and regulate the growth of a
nuclear power industry were complicated by a rising tide of
environmental protest. Dr. Seaborg describes how the Atomic Energy
Commission, shorn of much of the political immunity of its early
years, sought to maintain its programmes and ultimately its very
existence, while besieged by competing pressures from the White
House, other government agencies, anti-nuclear activists, industry,
state governments, and Congress.
What happens when a radically-new fuel or technology transforms the energy system? How does the energy system evolve at different stages of economic development? What are the implications for people's lives and their environment? Building on an award-winning article, in this exciting book Roger Fouquet investigates the impacts of technological innovations and economic development over the last seven hundred years on our ability to provide heat, power, transport and light. Using a unique data set, collected over a decade, the analysis identifies the forces driving revolutions in energy services. It highlights the tendency of markets to produce ever-cheaper energy services, which in turn incite greater energy consumption. It also examines how these revolutions affect people's well-being and the environment. The framework, analysis and insights in this book offer an original perspective on future energy markets, transitions to low-carbon economies and strategies for addressing climate change. Heat, Power and Light is an invaluable and unique contribution to this profoundly important topic. As such it will appeal to a wide audience of energy economists, climate change analysts, policymakers, economic and technology historians and economists more broadly. |
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