In a forty-year career as an oil and gas investment analyst and as an investment banker and strategic adviser on petroleum-sector mergers, acquisitions, and financings, Thomas A. Petrie has witnessed dramatic changes in the business. In Following Oil, he shares useful lessons he has learned about domestic and global trends in population and economic growth, a maturing resource base, variable national energy policies, and dynamic changes in geopolitical forces - and how these variables affect energy markets. More important, he applies those lessons to charting a course of energy development for the nation as the twenty-first century unfolds. By the 1970s, when Petrie began analyzing publicly traded securities in the energy sector, the petroleum investment market was depressed. The rise of the Organization of Petroleum Exporting Countries (OPEC) pushed energy to the center of the national security calculus of the United States and its allies. Price volatility would continue to whipsaw global markets for decades, while for consumers, cheap gasoline prices soon became a fond memory. Eventually, as Petrie puts it, finding oil on Wall Street became cheaper than drilling for it. Petrie uses this dramatic period in oil business history to relate what he has learned from ""following oil"" as a securities analyst and investment banker. But the title also refers to energy sources that could become available following eventual shrinkage of conventional-oil supplies. Addressing the current need for greener, more sustainable energy sources, Petrie points to recent large domestic gas discoveries and the use of new technologies such as horizontal drilling to unlock unconventional hydrocarbons. With these new sources, the United States can increase production and ensure itself enough oil and gas to sustain economic growth during the next several decades. Petrie urges the pursuit of cleaner fossil fuel development in order to buy the time to develop the technical advances needed to bridge the nation to a greener energy future, when wind, solar, and other technologies advance sufficiently to play a larger role.

The European Energy Law Reports are an initiative taken by the organisers of the European Energy Law Seminar which has been organised on an annual basis since 1989 at Noordwijk aan Zee in the Netherlands. The aim of this seminar is to present an overview of the most important legal developments in the field of International, EU and national energy and climate law. Whereas the first seminars concentrated on the developments at EC level, which were the results of the establishment of an Internal Energy Market, the focus has now gradually switched to the developments at the national level following the implementation of the EU Directives with regard to the internal electricity and gas markets. This approach can also be found in these reports.This volume includes chapters on ''Newcomers in the Electricity Market: Aggregators and Storage'', ''Hydropower Concessions in the EU: A Need for Liberalisation or Privatisation?'', ''Investments and des-Investments in the Energy Sector'', ''Offshore Decommissioning in the North Sea'', ''CCS as a Climate Tool: North Sea Practice'' and ''From EU Climate Goals to National Climate Laws''

This publication promotes the use of distributed renewable energy systems and presents lessons learned from the Hybrid Solar Photovoltaic Mini-Grid Project in Cobrador Island, Philippines. Affordable, reliable, sustainable, and modern energy for all that meets environmental goals is central to global development and policy making. Access to electricity continues to improve in Asia and the Pacific, yet many rural areas lag behind due to challenges in the economic and financial viability of grid extensions. This publication discusses the advantages of distributed renewable energy systems as a solution. It also outlines techniques and tools to optimize renewable energy resources for off-grid electrification that can complement and supplement national energy plans and programs.

The standard incandescent light bulb, which still works mainly as Thomas Edison invented it, converts more than 90% of the consumed electricity into heat. Given the availability of newer lighting technologies that convert a greater percentage of electricity into useful light, there is potential to decrease the amount of energy used for lighting in both commercial and residential applications. Although technologies such as compact fluorescent lamps (CFLs) have emerged in the past few decades and will help achieve the goal of increased energy efficiency, solid-state lighting (SSL) stands to play a large role in dramatically decreasing U.S. energy consumption for lighting. This report summarizes the current status of SSL technologies and products-light-emitting diodes (LEDs) and organic LEDs (OLEDs)-and evaluates barriers to their improved cost and performance. Assessment of Advanced Solid State Lighting also discusses factors involved in achieving widespread deployment and consumer acceptance of SSL products. These factors include the perceived quality of light emitted by SSL devices, ease of use and the useful lifetime of these devices, issues of initial high cost, and possible benefits of reduced energy consumption. Table of Contents Front Matter Summary 1 Introduction 2 History of Public Policy on Lighting 3 Assessment of LED and OLED Technologies 4 Assessment of Solid-State Lighting Products 5 Solid-State Lighting Applications 6 SSL Large-Scale Deployment 7 Findings and Recommendations Glossary Appendixes Appendix A: Committee Biographical Information Appendix B: Committee Activities Appendix C: Acronyms and Abbreviations

This open access book showcases the burgeoning area of applied research at the intersection between weather and climate science and the energy industry. It illustrates how better communication between science and industry can help both sides. By opening a dialogue, scientists can understand the broader context for their work and the energy industry is able to keep track of and implement the latest scientific advances for more efficient and sustainable energy systems. Weather & Climate Services for the Energy Industry considers the lessons learned in establishing an ongoing discussion between the energy industry and the meteorological community and how its principles and practises can be applied elsewhere. This book will be a useful guiding resource for research and early career practitioners concerned with the energy industry and the new field of research known as energy meteorology.

It is fifty years since Australia unilaterally issued petroleum exploration permits in the Timor Sea. For fifty years the Australian government has schemed to assert the integrity of those permits. Australia did nothing to stop Indonesia's devastating occupation of East Timor, when - on our doorstep - 120,000 lives were lost from a population of 650,000. Instead, our government colluded with the Indonesian government in pursuit of our Timor Sea oil agenda. With access to never-before-seen classified documents, Kim McGrath tells the story of Australia and Timor's secret history. With many explosive revelations, she shows how access to resources has been a key factor in how Australia has responded to Timor, right up to the UN hearings scheduled for conclusion in September 2017. It is time, she argues, for Australia to reconsider our ruthless determination to claim oil and gas wealth in the Timor Sea that does not belong to us.