The energy industry is a key source of growth stimulation for developing states. Understandably, developing states are eager to enter into petroleum investment contracts with international investors, with the expectation that this will benefit their countries. The domestic law of some developing states provides a welcoming investment environment in the form of guarantees and stability, while other states provide these opportunities by agreeing to investment contracts or treaties drafted by international organisations established to facilitate such agreements. This book identifies the political risks, particularly of indirect expropriation, that arise from the unilateral actions of host governments during the lifespan of energy investment projects. Focusing on stabilisation clauses as a political risk management tool, this research-based study draws on comparative empirical evidence from Turkey and Azerbaijan to determine what influences host states to consent to the insertion of stabilisation clauses in long-term host government agreements. Proposing a framework for the role to be played by both internal forces and external forces, it examines political regimes and state guarantees to foreign investors in Azerbaijan and Turkey from a comparative perspective, assessing how effective internal factors in Azerbaijan and Turkey are in facilitating contractual stability in their energy investment projects. Providing a comprehensive analysis of stabilisation clauses and the internal and external factors that compel host states to commit to them, this book will appeal to practitioners, students and scholars in international investment law and energy law.

The key subjects of the book are policy imperatives, market dynamics and regional developments concerning oil and gas, as well as energy as a whole in China. In addition to national policies and issues, the objective of this book is to study China's regional oil and gas demand, supply and trade, energy balances, and economic development, with projections up till 2030. Particular emphasis will be given to challenges facing the Chinese government in ensuring future oil supplies, pipeline and liquefied natural gas (LNG) imports, energy security, downstream oil refining sector developments, the use of natural gas for power generation, and oil and gas related environmental issues. The impact of China's oil and gas sector developments, market dynamics, rising imports, and overseas investment on the Asia-Pacific region and the world at large are examined.Energy Economy in China also reviews current and future oil refining projects, gas pipelines, LNG import terminals, and emerging new markets in China over the next fifteen years.

Energy as a Sociotechnical Problem offers an innovative approach to equip interdisciplinary research on sociotechnical transitions with coherence and focus. The book emphasizes sociotechnical problems in three analytical dimensions: - In the control dimension, contributing authors examine how control can be maintained despite increasing complexity and uncertainty, e.g., in power grid operations or on energy markets; - In the change dimension, the authors explore if and how change is possible despite the need for stable orientation, e.g., regarding discourses, real-world labs and learning; - Finally, in the action dimension, the authors analyze how the ability to act on a permanent basis is sustained despite opaqueness and ignorance, exemplified by the work on trust, capabilities or individual motives. Drawing on contributions from engineering, economics, philosophy, political science, psychology and sociology, the book assembles a range of classic and current themes including innovation, resilience, institutional economics, design or education. Energy as a Sociotechnical Problem presents the ongoing transformation of the energy complex as a multidimensional process, in which the analytical dimensions interact with each other in shaping the energy future. As such, this book will be of great interest to students and scholars of energy transitions, energy science and environmental social science more generally, as well as to practitioners working within the field of energy policy.

This open access book presents papers displayed in the 2nd International Conference on Energy and Sustainable Futures (ICESF 2020), co-organised by the University of Hertfordshire and the University Alliance DTA in Energy. The research included in this book covers a wide range of topics in the areas of energy and sustainability including: * ICT and control of energy;* conventional energy sources;* energy governance;* materials in energy research;* renewable energy; and* energy storage. The book offers a holistic view of topics related to energy and sustainability, making it of interest to experts in the field, from industry and academia.

This book is primarily based on data from the third analysis of domestic energy consumption, and it combines the conclusive summarizes from the previous two investigations. The book sets out to extend the spatial dimension of the research to a global one and discusses future development of domestic energy consumption from a global perspective. Additionally, the book seeks to discover general rules and diversity features via comparison, domestic vs. global. Future predictions via observations and summaries of history are provided for the reader in this volume as well. The studies in this volume not only provide a basic and supportive index for academic research, but also provide readers with a concrete sketch for people to understand energy use in their day-to-day lives, and it provides policy makers with fundamental, need-to-know data.

China's rise in the global arena is undeniably altering the global status quo. Its rise is closely linked to and reflected in its rising dependence on imported oil, adroit soft power, economic prowess and corresponding impressive economic growth, its military modernization, and its strategic engagement of the world as an alternative model of political and economic development. As the status quo changes, the United States theoretically becomes less influential politically, economically, and militarily, because China is skillfully harnessing and strategically exercising the elements of national power to acquire scarce oil energy resources in the Near East, Western Hemisphere, and Sub-Saharan Africa. Chinese Energy Futures and Their Implications for the United States, by George Eberling, examines how Chinese oil energy specifically will shape future Sino-American relations under conditions of dependency and non-dependency, and whether competition or cooperation for scarce energy resources will result. Eberling uses both scenario analysis and the PRINCE method to examine three possible Chinese oil energy futures: Competitive Dependency, Competitive Surplus, and Cooperative Surplus. Chinese Energy Futures also discusses and evaluates the strategic implications of these scenarios with respect to the United States.

There is a growing realization that human intent and activity are not easily separated from natural forces in the shaping of landscapes. The pervasive Western dichotomy of culture and nature has proved to be a poor basis for scientific research and long-term environmental management. Humans have been major factors in environmental change for thousands of years using fire, intensive hunting and a wide range of agricultural strategies to transform most ecosystems on the earth long before the Industrial Revolution. All these activites contribute to the making of cultural landscapes which incorporate elements generally classified in two groups: tangible empirical evidence of human behavior, and intangible, symbolic meanings.

This book investigates the newly emerging scope of interests and project agendas to investigate and preserve cultural landscapes. It presents the historic, archaeological, ethnographic, and environmental traditions of cultural landscape study and the attempts to reconstruct and analyze the complex processes of cultural changes through prehistoric and historic times.

The "guiding light" of the book is that the fullest understanding of a cultural landscape will materialize through interdisciplinary cooperation, which should involve an ecological approach with historical ecology as the guiding tool, applied archaeology, and environmental planning. The book addresses issues of interest to policymakers-makers and planners and those who investigate cultural landscapes.

Given the design component it involves, financial engineering should be considered equal to conventional engineering. By adopting this complementary approach, financial models can be used to identify how and why timing is critical in optimizing return on investment and to demonstrate how financial engineering can enhance returns to investors. Metals and Energy Finance capitalizes on this approach, and identifies and examines the investment opportunities offered across the extractive industry's cycle, from exploration through evaluation, pre-production development, development and production. The textbook also addresses the similarities of a range of natural resource projects, whether minerals or petroleum, while at the same time identifying their key differences.This innovative textbook is clear and concise in its approach, and is illustrated throughout with case studies and exercises used at professional training sessions. As the sum of 45 years' international experience in industry and teaching mining geology, mineral exploration and mineral project appraisal, Metals and Energy Finance will be invaluable to both professionals and graduate students working in the field of mineral and petroleum business management.

Following the liberalization of global energy markets, the world has witnessed a substantial growth in energy commodity trading. Moreover, prices and volatilities have significantly increased, partly due to geopolitical crises, but mostly resulting from increased participation of financial investors. Such newfound interest in energy markets has spawned greater demand for state-of-the-art models and methods necessary to understand the challenges related to trading and risk management. Energy Pricing Models showcases original cutting-edge research to best illustrate the latest advances and future implications of trading in energy markets. Prokopczuk assembles an all-star team of leading academics and practitioners in order to provide a well-balanced analysis of the topic. This work is required reading for market practitioners wishing to gain greater insight into the field, as well as academics and researchers interested in learning more about the latest developments from an applied perspective.

Given the design component it involves, financial engineering should be considered equal to conventional engineering. By adopting this complementary approach, financial models can be used to identify how and why timing is critical in optimizing return on investment and to demonstrate how financial engineering can enhance returns to investors. Metals and Energy Finance capitalizes on this approach, and identifies and examines the investment opportunities offered across the extractive industry's cycle, from exploration through evaluation, pre-production development, development and production. The textbook also addresses the similarities of a range of natural resource projects, whether minerals or petroleum, while at the same time identifying their key differences.This innovative textbook is clear and concise in its approach, and is illustrated throughout with case studies and exercises used at professional training sessions. As the sum of 45 years' international experience in industry and teaching mining geology, mineral exploration and mineral project appraisal, Metals and Energy Finance will be invaluable to both professionals and graduate students working in the field of mineral and petroleum business management.

The Nuclear Threat Initiative and the Center for Strategic and International Studies joined to launch the New Approaches to the Fuel Cycle project. This project sought to build consensus on common goals, address practical challenges, and engage a spectrum of actors that influence policymaking regarding the nuclear fuel cycle. The project also tackled one of the toughest issues-spent nuclear fuel and high level waste-to see if solutions there might offer incentives to states on the front end of the nuclear fuel cycle and address the inherent inertia and concerns about additional burdens and restrictions that have stalled past efforts to improve the robustness of the nonproliferation regime. This report presents the group's conclusions that a best-practices approach to the nuclear fuel cycle can achieve these objectives and offer a path to a more secure and sustainable nuclear landscape.

This book serves as an introductory reference guide for those studying the application of models in energy systems. The book opens with a taxonomy of energy models and treatment of descriptive and analytical models, providing the reader with a foundation of the basic principles underlying the energy models and positioning these principles in the context of energy system studies. In turn, the book provides valuable insights into the varied applications of different energy models to answer complex questions, including those concerning specific aspects of energy policy measures dealing with issues of supply and demand. Case studies are provided in all of the chapters, offering real-world examples of how existing models fit the classification methods outlined here. The book's remaining chapters address a broad range of principles and applications, taking the reader from the basic principles involved, to state-of-the-art energy production and consumption processes, using modeling and validation/illustration in case studies to do so. With its in-depth mathematical foundation, this book serves as a comprehensive collection of work on modeling energy systems and processes, taking inexperienced graduate students from the basics through to a high-level understanding of the modeling processes in question, while also providing professionals and academic researchers in the field of energy planning with an up-to-date reference guide covering the latest works.

Engineering Energy Storage explains the engineering concepts of different relevant energy technologies in a coherent manner, assessing underlying numerical material to evaluate energy, power, volume, weight and cost of new and existing energy storage systems. With numerical examples and problems with solutions, this fundamental reference on engineering principles gives guidance on energy storage devices, setting up energy system plans for smart grids. Designed for those in traditional fields of science and professional engineers in applied industries with projects related to energy and engineering, this book is an ideal resource on the topic.

This book aims to prove that the so-called "energy crisis" is really an entropy crisis. Since energy is conserved, it is clear that a different concept is necessary to discuss meaningfully the problems posed by energy supplies and environmental protection. This book makes this concept, entropy, accessible to a broad, nonspecialized audience.Examples taken from daily experiences are used to introduce the concept of entropy in an intuitive manner, before it is defined in a more formal way. It is shown that the entropy increase due to irreversible transformations (or "unrecoverable" energy) simultaneously determines the level of fresh energy supplies of our society and the damage that it causes to the environment. Minimizing the rate of entropy increase with advanced technologies and society organizations, and keeping it in check with appropriate energy sources, is the key to a sustainable development.

Sustainability is a phenomenon that must be pursued in a complex system of interrelated elements of business, society, and ecology. It is important to gain an understanding of these elements, the interplay between them, and the behavior of the system. This book explores the business-societal-and-ecological system in which sustainable innovation has to be envisioned, conceptualized, realized, and improved. Author Bart Bossink offers insight into the systematic coherence of drivers of eco-innovation and sustainability utilizing a three-part approach: (1) eco- and sustainable innovation in business is based on ideas and people who cooperatively develop these ideas; (2) groups of people, organized in commercial firms, must realize these ideas cooperatively and create the innovations that can conquer the market; and (3) that people from governmental, non-governmental, not-for-profit, research, and commercial organizations can build institutional arrangements that stimulate these sustainable innovations, changing both industry and society. Adopting a managerial perspective and discussing concepts and methods to manage eco-innovation in business, this book highlights the interrelated roles of the individual, the firm, partnerships, and business environments. Researchers and practitioners who want to combine a commercial and economical approach with an ethical and social ambition to create an ecologically sustainable firm stand to learn much from these pages.

Innovation and Disruption at the Grid's Edge examines the viable developments in peer-to-peer transactions enabled by open platforms on the grid's edge. With consumers and prosumers using more electronic platforms to trade surplus electricity from rooftop solar panels, share a storage battery, or use smart gadgets that manage load and self-generation, the grid's edge is becoming crowded. The book examines the growing number of consumers engaging in self-generation and storage, and analyzes the underlying causes and drivers of change, as well as the implications of how the utility sector-particularly the distribution network-should/could be regulated. The book also explores how tariffs are set and revenues are collected to cover both fixed and variable costs in a sustainable way. This reference is useful for anyone interested in the areas of energy generation and regulation, especially stakeholders engaged in the generation, transmission, and distribution of power.

The third background report in the New Energy, New Geopolitics series, this report examines the dramatic increase in the production of shale gas and light tight oil in the United States and suggests possible energy scenarios and strategies could emerge from the unconventional revolution. This report pairs with the original "New Energy, New Geopolitics" report and two other background reports, all available from Rowman & Littlefield: New Energy, New Geopolitics: Balancing Stability and Leverage New Energy, New Geopolitics: Background Report 1: Energy Impacts New Energy, New Geopolitics: Background Report 2: Geopolitical and National Security Impacts

Drawing on a range of global case studies, Market Distortions in Privatisation Processes illustrates the ways in which market distortions damaged the ability of privatisation processes to yield concrete benefits to consumers. The book compares and contrasts privatisations of state-owned enterprises around the world where competition informed the regulatory design and thus liberated consumer welfare. In particular, the cases are drawn from the electricity and gas sector, the telecoms industry, and postal services - each of which has been frequently privatised in different context. For each industry, the book explores the UK and US experiences as well as looking at international cases from both developed and developing countries including, where appropriate, Japan, Colombia, Romania and Mexico. The emphasis is on analysing the impact that market distortions have had on the outcomes of those privatisations. The book also looks at how public service objectives were achieved and how they too can be designed in pro-competitive or anti-competitive ways. This book will be of significant interest to readers in international business, economics, and law.

Hydrogen in an International Context: Vulnerabilities of Hydrogen Energy in Emerging Markets describes strategies and developments for hydrogen civilization efforts realised by various stakeholders such as authorities, institutes, research, industry, and individuals, in different countries and at different stages of the development cycle. Through their contributions, the chapter authors in this book propose a new approach to actual and relevant topics of interest, generically called the hydrogen economy and civilization. Hydrogen vulnerabilities is a topic that includes new challenges that face the hydrogen energy market. Weaknesses for the hydrogen stakeholder are becoming more refined, and it is necessary to be an active and sensitive player to understand these. A prosperous development of hydrogen will require the assimilation of numerous, diverse and unfamiliar contexts. Challenges for hydrogen will not only be in scientific, technical, economical or public acceptance, but challenges also lie in the genesis of this topic and the neglect of some aspects, however marginal, which negatively influence the desired hydrogen developed. This book informs the reader about the status of hydrogen energy in the international market, and it includes a series of examples and case studies about hydrogen activities in various countries. Thus, due to the synergy of this library of contexts, the reader should be able to reach a level of intuition enabling them to see the strengths and weaknesses of hydrogen.

This book aims to prove that the so-called "energy crisis" is really an entropy crisis. Since energy is conserved, it is clear that a different concept is necessary to discuss meaningfully the problems posed by energy supplies and environmental protection. This book makes this concept, entropy, accessible to a broad, nonspecialized audience.Examples taken from daily experiences are used to introduce the concept of entropy in an intuitive manner, before it is defined in a more formal way. It is shown that the entropy increase due to irreversible transformations (or "unrecoverable" energy) simultaneously determines the level of fresh energy supplies of our society and the damage that it causes to the environment. Minimizing the rate of entropy increase with advanced technologies and society organizations, and keeping it in check with appropriate energy sources, is the key to a sustainable development.

The remarkable performance of the Chinese economy in the last three decades has placed China at the centre of the world stage. In 1993, China became a net importer of energy, although it was not until the early 2000s that the world began to pay more attention to China's energy needs and its potential impact on the world. With China's energy search occurring within a hegemonic global structure dominated by the United States, the US watches with interest as China enhances its ties with energy-rich states. The book examines this triangular relationship and questions whether the US and China are in competition regarding access to the energy of a third state, within the context of a potential power transition. It includes case studies on China's energy relationship with countries such as Canada, Australia, Saudi Arabia, Nigeria, Brazil, Kazakhstan, Iran, Sudan and Venezuela and aims to understand the way a rising power interacts with the existing leading power and the possible outcome of this competition. The analytical framework employed helps the reader to understand not only the nature and pattern of triangles among US, China and the Resource Rich States under 'resource diplomacy', but also the salient features of US-China competition around the world. Making an impressive contribution to the literature in fields such as US-China relations, international relations, Chinese foreign policy and global energy geopolitics, this book will appeal to students and scholars of these subjects.

First published in 1996. Routledge is an imprint of Taylor & Francis, an informa company.

This textbook is a development of Financial Reporting by Alexander and Britton, and is designed to meet the emerging demand for coverage of international accounting standards (IASs) and the globalization of accounting in advanced courses. It is predicated on an IAS framework but the European directives, especially as regards detailed formats having no direct equivalent in IASs, are discussed in detail. The European context and, in the case of important markets, the national context is recognised and contrasted with the international approach. Important non-European influences, especially those from the US, are also included in order to provide a genuinely wide-ranging appreciation of the implications of accounting internationalism. Part 1 contains coverage of the theoretical underpinnings of financial reporting in an international context. It also describes the international, European and domestic regulatory framework of accounting. Part 2 starts by analysing the legal background of the concept of capital and profit.

Windpower remains one of the world's most developed forms of renewable energy, and the oceans offer room for considerable expansion. This comprehensive survey features over 140 striking photos and illustrations that examine the history of wind turbine technology's association with coastal breezes and the current movement of putting turbines into the water. Europe has taken the lead in this abundant offshore wind energy, but North America and Asia are expected to catch up in the next 10 to 20 years. The process of building an offshore wind farm is explored. The color images help illuminate the text and inspire the imagination. An extensive list of resources enables individuals, businesses, and advocates to tap into wind as a free, natural, and clean source of energy. For all who have dreamed of utilizing the Earth's natural, renewable energy without polluting the environment or endangering wildlife, this book is for you.