This edited volume seeks to identify the sustainability issues currently affecting the energy business and finance. For this purpose, a broad range of perspectives on sustainability issues in the energy business and finance are taken into consideration in the context of renewable business projects. In turn, several novel strategies from the energy business and finance are illustrated with regard to sustainable organizational factors, technological infrastructure, financial facilities, economic development, and investment potential. Comparing and contrasting different sustainability perspectives can help to develop the most appropriate and successful business strategies for the sustainable energy business and finance. This book presents multidimensional analyses of sustainability issues with regard to renewable energy projects and identifies the most promising strategies, as well as efficient market conditions for the energy business.

There is by now no question among informed people that the Earth is undergoing severe climate change – soon to become catastrophic, if humans don’t take drastic measures to stop it. Heroically into the fray steps the biofuel industry, announcing to millions of anxious consumers that this eco-crisis can be averted if only they turn away from fossil fuels, to the saving power of synthetic bioproducts. But, although eliminating fossil fuels is essential, the manufacture of biofuels has far more to do with sating profit-hungry corporations than with saving the Earth. Combining meticulous scientific narrative with devastating economic analysis, The Biofuels Deception argues that the seemingly innovative, hopeful campaign for “green energy” is actually driven by bio-technology industries and global grain-trading corporations. These corporate players are motivated by a late-capitalist need to cope with a crisis of accumulation; they have no real interest in mitigating climate-change, alleviating poverty, or even creating “clean” energy. In fact, the manufacture of biochemical, bioplastics, and biomaterials, writes Okbazghi Yohannes, portends horrific contradictions and disastrous consequences for nature and society. Actually confronting climate change and the rampant inequality it engenders, Yohannes says, requires two steps. The first is to understand the driving socioeconomic forces behind the biofuels industry. The second is to unravel the tapestry of deceit itself. This book is a necessity for any scholar or environmental activist interested in seeing beyond corporate chimeras to actual environmental solutions.

The Offshore Pipeline Construction Industry: Activity Modeling and Cost Estimation in the United States Gulf of Mexico presents the latest technical concepts and economic calculations, helping engineers make better business decisions. The book covers flow assurance, development strategies on pipeline requirements and the construction service side with a global perspective. In addition, it focuses on one of the most underdeveloped, promising assets - the Gulf of Mexico. Pipeline construction and decommissioning estimation methods are examined with reliable data presented. A final section covers trends for oil, gas, bulk oil, bulk gas, service and umbilical pipelines for installation and decommissioning using correlation models. This book delivers a much-needed tool for the pipeline engineer to better understand the economical choices and alternatives to designing, constructing, and operating today's offshore pipelines.

The Role of Public Participation in Energy Transitions provides a conceptual and empirical approach to stakeholder and citizen involvement in the ongoing energy transition conversation, focusing on projects surrounding energy conversion and efficiency, reducing energy demand, and using new forms of renewable energy sources. Sections review and contrast different approaches to citizen involvement, discuss the challenges of inclusive participation in complex energy policymaking, and provide conceptual foundations for the empirical case studies that constitute the second part of the book. The book is a valuable resource for academics in the field of energy planning and policymaking, as well as practitioners in energy governance, energy and urban planners and participation specialists.

This book analyses how a water utility from a developing country, Phnom Penh Water Supply Authority, that was totally dysfunctional, corruption-ridden and literally bankrupt in 1993, became one of the most successful water utilities of the developing world in only about 15 years. By 2010, some of the performance indicators of this public sector utility were even better than London, Paris or Los Angeles. The book further analyses the enabling conditions that made this remarkable transformation possible. Based on this analysis, a framework is recommended for water utilities from developing countries so that they can also be transformed into functional, efficient, equitable and financially viable institutions on a sustainable basis.

This book provides the first comprehensive analysis of unbundling and, in particular, ownership unbundling policies from the perspective of international economic law. It does so by focusing on the prominent example of the EU's energy sector and its Third Energy Package. Unbundling has become an increasingly crucial competition instrument in network-bound industries worldwide. It is designed to ensure access to bottleneck infrastructures on fair and non-discriminatory terms and thus to suppress the anti-competitive potential deriving from vertical integration in natural monopoly situations. While promoting important public policy objectives, unbundling policies have also raised a number of legal issues. This book analyzes how international economic law limits the adoption and maintenance of unbundling and related measures and also outlines how international trade law can play a 'positive' role in this field. As a result, it provides a valuable reference for academics, practitioners and policy-makers.

Oil Recovery in Shale and Tight Reservoirs delivers a current, state-of-the-art resource for engineers trying to manage unconventional hydrocarbon resources. Going beyond the traditional EOR methods, this book helps readers solve key challenges on the proper methods, technologies and options available. Engineers and researchers will find a systematic list of methods and applications, including gas and water injection, methods to improve liquid recovery, as well as spontaneous and forced imbibition. Rounding out with additional methods, such as air foam drive and energized fluids, this book gives engineers the knowledge they need to tackle the most complex oil and gas assets.

As China has shifted from a planned to a market-oriented economy, it has adjusted its energy policies accordingly. As a result, the Chinese energy industry has now gone through more than seventy years of transformation. Yet to date no single work has sought to assess the key factors driving these changes and their effects on China's energy security, even though such questions have implications for assessments of the world's energy security. Energy Security in Times of Economic Transition addresses this gap. Juxtaposing a domestic perspective with a wider, pan-energy-industry view, Yao Lixia explores trends in the evolution of China's energy policy since its inception in 1949 and discusses the relations between policy changes and macroeconomic reforms. Then, by employing a new, ground-breaking quantitative framework for evaluating energy security, Yao crucially shows that macroeconomic reform did not improve China's energy security over the first three decades of the reform period but in fact restricted China from developing more effective energy policies. This insight ultimately suggests lines of inquiry that can be extended to research in other countries, especially those in the midst of economic transition. For its detailed history of China's energy policy and its novel, widely applicable methodology for evaluating energy security, this book is a must-read for researchers and postgraduate students in economics, security studies, political economy, and international political economy.

This book provides a detailed coverage of how the circular economy aims to change the paradigm in relation to the linear economy, by limiting the environmental impact and waste of resources, as well as increasing efficiency at all stages of the product economy. It serves as the sole comprehensive overview of the role of biofuels in the circular economy. It contains updated information on the latest trends of techno-economic analysis of biofuels, economic transitions, low-carbon economies, green circular societies, and life cycle assessment of biofuels. This book delves deep into the economic security of the poor as well as the nexus between biofuel industry and global trade bodies, making it one of the few introductory books without bias toward the contribution of biofuels in circular economy. With its diverse contributions on themes such as biofuels as potential alternatives to fossil fuels, biofuel economics and policies; biofuel standards, blending, and future insecurities; economic transitions from biomass to biofuels; and biofuel economy, development, and food security, the book would be a great resource for a wide and multi-disciplinary readership base ranging from researchers to academics, policy makers, innovators, corporates, and non-profit organizations working in this area.

This book includes the proceedings of the Mitigating Climate Change 2021 Symposium and Industry Summit (MCC2021), which brings together research from experts in academia, industry, and policy arenas to uncover the challenges, sharpen existing solutions, and formulate cutting-edge means to mitigate climate change. It highlights the need to create sustainable measures at all fronts including adaptation, policy, finance, renewable energy, solar, wind, thermoelectric, green transportation, and sustainable healthcare. This symposium will disseminate the state-of-the-art breakthroughs and promote collaborations to maximize opportunities for innovative solutions.

Economic and strategic power is not the exclusive province of powerful, developed countries. Kuwait has used its main resource, oil, to integrate itself into the world economy as an autonomous actor rather than as a dependent commodity exporter. This daring economic strategy enabled Kuwait to claim military support from governments hosting its direct investments overseas in 1990-91 following its invasion by Iraq. Based on five years of research, including interviews with more than 200 people, Dr. Tetreault's book analyzes the development of the Kuwait Petroleum Corporation in the context of domestic, regional, and world politics. Contrary to current thinking, she argues that multinational vertical integration under state ownership can be an optimal strategy for oil-exporting, developing countries, particularly those whose resource endowments are otherwise highly limited. This book is directed toward executives in natural resource industries, economic and strategic planners in public and private institutions, and those charged with the formulation and implementation of national, international, and transnational economic policy; in addition, it is of interest to academics specializing in political economy, development, industrial organization, regional and domestic politics, and international relations.

The Regulation and Policy of Latin American Energy Transitions examines the ongoing revolution within the energy landscape of Latin America. This book includes real-world examples from across the continent to demonstrate the current landscape of energy policy in Latin America. It focuses on distributed energy resources, including distributed generation, energy efficiency and microgrids, but also addresses the role of less common energy sources, such as geothermal and biogas, as well as discusses the changing role of energy actors, where consumers become prosumers or prosumagers, and utilities become service providers. The legal frameworks that are still hampering the transformation of the energy landscape are explored, together with an analysis of the economic, planning-related and social aspects of energy transitions, which can help address the issue of how inequalities are affecting and being affected by energy transitions. The book is suitable for policy makers, lawyers, economists and social science professionals working with energy policy, as well as researchers and industry professionals in the field. It is an ideal source for anyone involved in energy policy and regulation across Latin America.

In an increasingly global community of researchers and practitioners, new technologies and communication means have made the transfer of policies from one country or region to another progressively more prevalent. There has been a lot of attention in the field of public administration paid to policy transfer and institutional transplantation. This book aims to create a better understanding of such transfers in the water management sector. These include the adoption of modern water management concepts, such as integrated water resources management and forms of water governance, which are strongly promoted and sometimes also imposed by various international organizations. Transfers also occur within the scope of development aid or for the purpose of creating business opportunities. In addition, many research organisations, consultancies and governmental agencies are involved in cross-border work. The purpose of this book is therefore to present practical examples of the transfer of modern water management from one locality to another and to critically discuss the transferability of policy and governance concepts by analysing the contextual needs and factors. Case studies are included from North America, Europe, the Middle East and Asia. It is argued that in many cases context matters in water management and that there is no panacea or universal concept that can be applied to all countries or regions with different political, economic, cultural and technological contexts. Yet it is also shown that some countries are facing pressing and similar water management issues that cut across national borders, and hence the transfer of knowledge may be beneficial.

Current wastewater treatment technologies are not sustainable simply due to their high operational costs and process inefficiency. Integrated Microbial Fuel Cells for Wastewater Treatment is intended for professionals who are searching for an innovative method to improve the efficiencies of wastewater treatment processes by exploiting the potential of Microbial Fuel Cells (MFCs) technology. The book is broadly divided into four sections. It begins with an overview of the "state of the art" bioelectrochemical systems (BESs) as well as the fundamentals of MFC technology and its potential to enhance wastewater treatment efficiencies and reduce electricity generation cost. In section two, discusses the integration, installation, and optimization of MFC into conventional wastewater treatment processes such as activated sludge process, lagoons, constructed wetlands, and membrane bioreactors. Section three outlines integrations of MFCs into other wastewater processes. The final section provides explorative studies of MFC integrated systems for large scale wastewater treatment and the challenges which are inherent in the upscaling process.

Petroleum Rock Mechanics: Drilling Operations and Well Design, Second Edition, keeps petroleum and drilling engineers centrally focused on the basic fundamentals surrounding geomechanics, while also keeping them up-to-speed on the latest issues and practical problems. Updated with new chapters on operations surrounding shale oil, shale gas, and hydraulic fracturing, and with new sections on in-situ stress, drilling design of optimal mud weight, and wellbore instability analysis, this book is an ideal resource. By creating a link between theory with practical problems, this updated edition continues to provide the most recent research and fundamentals critical to today's drilling operations.

Transport and Energy Research: A Behavioral Perspective deals with the transport issues associated with energy from a behavioral perspective in an interdisciplinary and systematic way. Existing transport and energy research has focused on technologies and energy efficiency; however, more efficient technologies do not necessarily lead to energy reduction. Unfortunately, very limited behavioral research can be found in the literature. This book covers major transport modes in major countries. It emphasizes the importance of researching the behaviors of not only transport and energy service users, but also transport and energy service providers, policy makers, organizations, company managers, and other stakeholders who are involved in and/or affected by transport and energy policies. It not only overviews the history of relevant research and presents new developments but also extensively discusses the future research issues. Various findings are summarized for reducing energy consumption from a behavioral perspective. This book provides readers with behavioral insights into more effective policymaking. Behavioral interventions are recommended as a key policy instrument for reducing energy consumption in a sustainable way. It provides policy makers with comprehensive insights into making more effective policies over the whole process of policymaking. The book can serve as a handbook for researchers and a textbook for graduate students in the fields of transport, energy, environment, planning, public policy, behavioral studies, and so on.

This book highlights what are likely to be the future megatrends in the water sector and why and how they should be incorporated to improve water governance in the coming decades. In this first ever book on megatrends for the water sector, 22 leading world experts from different disciplines representing academia, business, government, national and international organisations discuss what the major megatrends of the future are and how they will radically change water governance in the coming decades.

Advanced Biofuels: Applications, Technologies, and Environmental Sustainability presents recent developments and applications of biofuels in the field of internal combustion engines, with a primary focus on the recent approaches of biodiesel applications, low emission alternative fuels, and environmental sustainability. Editors Dr. Azad and Dr. Rasul, along with their team of expert contributors, combine a collection of extensive experimental investigations on engine performance and emissions and combustion phenomena using different types of oxygenated fuel with in-depth research on fuel applications, an analysis of available technologies and resources, energy efficiency improvement methods, and applications of oxygenated fuel for the sustainable environment. Academics, researchers, engineers and technologists will develop a greater understanding of the relevant concepts and solutions to the global issues related to achieving alternative energy application for future energy security, as well as environmental sustainability in medium and large-scale industries.

The Fossil Fuel Revolution: Shale Gas and Tight Oil describes the remarkable new energy resources being obtained from shale gas and tight oil through a combination of directional drilling and staged hydraulic fracturing, opening up substantial new energy reserves for the 21st Century. The book includes the history of shale gas development, the technology used to economically recover hydrocarbons, and descriptions of the ten primary shale gas resources of the United States. International shale resources, environmental concerns, and policy issues are also addressed. This book is intended as a reference on shale gas and tight oil for industry members, undergraduate and graduate students, engineers and geoscientists.

Accident Tolerant Materials for Light Water Reactor Fuels provides a description of what an accident tolerant fuel is and the benefits and detriments of each concept. The book begins with an introduction to nuclear power as a renewable energy source and the current materials being utilized in light water reactors. It then moves on to discuss the recent advancements being made in accident tolerant fuels, reviewing the specific materials, their fabrication and implementation, environmental resistance, irradiation behavior, and licensing requirements. The book concludes with a look to the future of new power generation technologies. It is written for scientists and engineers working in the nuclear power industry and is the first comprehensive work on this topic.

This book aims to incorporate an emerging successful business model, i.e., sharing economy, into energy markets, thus digging out the potential merits and applications in multi-energy sectors. With the core idea "access over ownership", sharing economy enables the collaborative consumption of idle resources through advanced information and communications technology. One critical challenge is to identify different market participants' occupation while accordingly designing pricing mechanisms. This book begins with an overview about the recent development of sharing economy in energy fields, and summarizes two energy market-related issues that sharing economy can hopefully address. One is how to quantify a marginal generator's contribution and thereby elicit truthful bidding under information asymmetry condition. The other is how to distinguish renewable and distributed energy resources' contribution and thus incentivize efficient aggregation considering increasing scale and uncertainty. Then sharing economy mechanisms are proposed and designed from a game theory perspective. On this basis, the following chapters thoroughly investigate the specific problems in spot markets, multi-area markets, renewable energy aggregation and energy systems integration. Additionally, the benefits brought by sharing economy are evaluated in terms of regional market bidding and transmission expansion deferral. Finally, the information and communications technologies related to sharing economy are modeled and analyzed. Hopefully, this book can greatly benefit the readers who are interested in energy economics and engineering.

A History of International Oil Politics is both an argument for multi-theoretical pluralism and a proposal for a theory-synergetic approach in international relations. Murad Gassanly, a distinguished international relations scholar and rising British politician, explores how international relations paradigms could be utilized in approaching the vital field of international oil politics, specifically historical issues of international energy politics and comparative case studies of energy transmission networks - the Baku-Tbilisi-Ceyhan Pipeline and the Southern Gas Corridor. This highly original study explores the historical timeline of global energy to demonstrate how a theory-synergetic analysis might offer a deeper and more holistic understanding. As an academic discipline, international relations now offers a maelstrom of competing epistemological, ontological, and normative contestations. Gassanly, however, argues that theoretical diversity has knowledge-producing and maximizing potential and that pluralism does not impede academic progress. Applying different theoretical models to oil politics reveals different realities, but the synergetic whole is greater than the sum of its constituent paradigmatic parts. Empirical convergences between theoretical accounts provides a broad analytical framework for active theoretical synergy.

Abbreviations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ix Chapter 1 INTRODUCTION . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 Chapter 2 REDRAWING THE BOUNDARIES BETWEEN STATE AND COMPANY . . . 3 Chapter 3 STATE PARTICIPATION IN THE ECONOMY . . . . . . . . . . . . . . . . . . . . . 25 Chapter 4 INTERNATIONAL ECONOMIC INSTABILITY . . . . . . . . . . . . . . . . . . . . . 49 Chapter 5 THE FAILURE OF OPEC TO SECURE ECONOMIC RENTS . . . . . . . . . . 67 Chapter 6 TURNING BLACK GOLD INTO DEVELOPMENT . . . . . . . . . . . . . . . . . . 81 Chapter 7 NATIONAL OIL COMPANIES . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 97 Chapter 8 AMBITIOUS CONSOLIDATION . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 127 Chapter 9 STRATEGIC CONSOLIDATION . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 151 References . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 155 Index . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 165 PREFACE This book has been kicking around my desk for quite some time. On and off I returned to my work on the role of the state in the economy and the international oil market, but for a long time I was not satisfied with the shape it was in. I understand now that I needed the insights developed over the past couple of years on the role of the state, regulation, liberalization, privatization, and the recent events in the international oil industry to bring all my ideas together in a more coherent format. It was the events that followed the Asian financial crisis that drew me back to finish writing this book. The early beginnings of this book were developed at the Institute of International Affairs, Chatham I-louse, in London, where I was a research fellow with the Energy and Environment Programme in 1992 and 1993. At the Colorado School of Mines, I had the opportunity to test my ideas in a graduate class, and continue the research.