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Books > Business & Economics > Industry & industrial studies > Energy industries & utilities > General
Transforming our energy supplies to be more sustainable is seen by many to be the biggest challenge of our times. In this comprehensive textbook, L.D. Danny Harvey sets out in unprecedented detail the path we must take to minimize the effects that the way we harness energy will have on future climate change. The book opens by highlighting the importance of moving to low carbon technologies for generation, then moves on to explain the functioning, potential and social/environmental issues around: - solar energy - wind energy - biomass energy - geothermal energy - hydroelectric power - ocean energy - nuclear energy It also covers the options for carbon capture and storage and the contexts in which low carbon energy can best be utilized (potential for community integrated systems, and the hydrogen economy). The book closes with scenarios that combine the findings from its companion volume (concerning the potential for limiting future energy demand) with the findings from this volume (concerning the cost and potential of C-free energy systems) to generate scenarios that succeed in limiting future atmospheric CO2 concentration to no more than 450 ppmv. Detailed yet accessible, meticulously researched and reviewed, this work constitutes an indispensible textbook and reference for students and practitioners in sustainable energy and engineering. Online material includes: Excel-based computational exercises, teaching slides for each chapter, links to free software tools.
Caspian Energy Politics analyses the role of oil and gas in the development of the three main petroleum exporters in the Caspian region - Azerbaijan, Kazakhstan and Turkmenistan - and how energy resources influence interactions with semi-authoritarian Russia and China. Due to volatile commodity prices and competition for the resources in and around the Caspian Sea, the governments of these petroleum-exporters face a series of difficult decisions. These governments have sought to balance short-term incentives to spend oil revenues as a means to maintain power against the need for a long-term strategy for managing these assets, choices which have further implications for how these countries align themselves internationally. By illuminating important linkages between domestic and international dynamics in these states, the book provides a fresh perspective on energy politics and the impact of petroleum on the development of the Caspian petroleum producers. Expert contributors from Central Asia and the South Caucasus and international scholars provide context-specific insights into the incentives affecting decision-makers that can provide a foundation for strategies to help the countries in the region overcome the negative effects of reliance on oil and gas. As such, the book will be a valuable tool for business actors seeking to understand the role of Chinese and Russian companies in the region, as well as local and international policymakers and non-governmental organisations.
This book analyses the strategic dimensions of energy security, particularly where energy resources have become the object of military competition. The volume explores the risks that may arise from conditions of increasing economic competition and resource scarcity, and the problems that may follow if major producers or consumers of energy lose confidence in the equity and efficiency of the market, and resort instead to the use of force to secure access to energy. It surveys the strategic outlook of both producer and consumer states, with emphasis on nations or regions (Central Asia, Russia, China, Venezuela, the Persian Gulf) where unstable or rapidly evolving political conditions may undermine the currently prevailing market consensus. It also examines the role of the United States as the chief guarantor of the global economy, and the challenge this poses for its exercise of military power. The book contests that while the global energy market may be largely self-regulating, it is not self-defending. A failure to consider how it can be most effectively defended from emerging and potential challenges merely heightens the risk that those challenges may someday become real.
Following the success of its predecessor, this second edition of The Future of Energy Use provides essential analysis of the use of different forms of energy and their environmental and social impacts. It examines conventional, nuclear and renewable sources and technologies, using relevant case studies and providing a vital link between technology and related policy issues. The new edition has been comprehensively developed and updated, including new text, diagrams and tables, with entire new sections that reflect the significant changes that have occurred since the first edition. New material includes: a stronger focus on climate change policy and energy security; a discussion of the long run marginal costs of oil; coverage of the biofuels debate in both the developed and developing worlds; an outline of developments in the built environment (including transport issues); and the relationship between behaviour and energy use. It reviews policy shifts with relation to energy efficiency, carbon capture and storage, combined heat and power, and combined cycle gas turbines. There is new coverage of nuclear waste, storage and proliferation, and new material on microgeneration and biofuels, as well as essential new information on carbon markets and the hydrogen economy. The result is a unique introduction and guide to all the vital issues within energy for students, academics and professionals new to the field.
This book looks at the emergence of China as a major importer and consumer of energy as well as examines contemporary issues within the Chinese oil industry. As China benefits from globalization, what is the impact on China's relations with countries in its neighbouring region when it seeks more oil importation from overseas sources? China's industrial growth in the Pan Pearl River Delta Region is outstripping its oil supply and China is turning to the ASEAN countries connected to its Pearl River tributaries to form a Pan region that acts both as a conduit for oil supply from other sources as well as the supply source itself.Geopolitics in the region represents one of the main obstacles standing in China's way for a regional agreement on maritime resources. Would the pressure on China for more energy translate into tension and conflicts? How will Japan view or compete with China's initiatives in ASEAN given that Japan is still the region's largest investor.After China's landmark energy crisis in 2004, how will China be able to strike a balance between economic growth and energy consumption? With the growing importance of post-industrial debate and environmentalism, what are the implications of post-industrialism for China? For future energy use, how will China utilize the options of alternative energy, energy conservation and reinvigoration of old energy resources to meet its future oil needs?
The relationship between energy and the environment has been the basis of many studies over the years, as has the relationship between energy and development, yet both of these approaches may produce distortions. In the first edition of this book, Professor Goldemberg pioneered the study of all three elements in relation to one another. With contributions from Oswaldo Lucon, this second edition has been expanded and updated to cover how energy is related to the major challenges of sustainability faced by the world today.The book starts by conceptualizing energy, and then relates it to human activities, to existing natural resources and to development indicators. It then covers the main environmental problems, their causes and possible solutions. Disaggregating national populations by income and by how different income groups consume energy, the authors identify the differences between local, regional and global environmental impacts, and can thus ascertain who is responsible for them. Finally, they discuss general and specific policies to promote sustainable development in energy. New coverage is included of today's pressing issues, including security, environmental impact assessment and future climate change/renewable energy regimes. The authors also cover all major new international agreements and technological developments. Energy, Environment and Development is the result of many years of study and practical experience in policy formulation, discussion and implementation in these fields by the authors. Written in a technical yet accessible style, the book is aimed at students on a range of courses, as well as non-energy specialists who desire an overview of recent thought in the area.
Corporate governance has become a household term and investors across the world are demanding more transparency and accountability from controllers of listed corporations. The current resources boom that has been driven by soaring demand from China has brought China s listed resources companies into focus. Some of these companies are beginning to be known internationally, such as Sinopec, PetroChina, CNOOC (in the oil industry) and CHALCO (aluminium); but their governance structures are often not well known. This book explores the corporate governance of these listed companies. Compared with the governance of global companies, such as BHP Billiton, Rio Tinto, Shell, Shevron, the governance of China s resources companies has special characteristics. While the authors focus is on the governance of resources companies in China, this book also tackles contemporary issues of resource security and environmental change which are closely related to the depletion of the world s natural resources. Case studies of other international resources giants such as BHP Billiton, Rio Tinto, Shell and Chevron are provided to enhance our understanding of the differences that exist between them and Chinese resources companies. This book will be of interest to the business community and to those readers who are interested in China and its governance related issues.
This book examines Russia's new assertiveness and the role of energy as a key factor in shaping the country's behavior in international relations, and in building political and economic power domestically, since the 1990s. Energy transformed Russia's fortunes after its decline during the 1990s. The wealth generated from energy exports sparked economic recovery and political stabilization, and has significantly contributed to Russia's assertiveness as a great power. Energy has been a key factor in shaping Russia's foreign relations in both the Eurasian and global context. This development raises a host of questions for both Russia and the West about the stability of the Russian economy, how Russia will use the power it gains from its energy wealth, and how the West should react to Russia's new-found political weight. Given that energy is likely to remain at the top of the global political agenda for some time to come, and Russia's role as a key energy supplier to Europe is unlikely to diminish soon, this book sheds light on one of the key security concerns of the 21st century: where is Russia headed and how does energy affect the changing dynamics of Russia's relations with Europe, the US and the Asia-Pacific region. This book will be of interest to students of Russian politics, energy security, international relations and foreign policy in general. Jeronim Perovic is a senior researcher at the Center for Security Studies at ETH Zurich. Robert Orttung is a visiting scholar at the Center for Security Studies at the Swiss Federal Institute of Technology (ETH) in Zurich and a senior fellow at the Jefferson Institute. Andreas Wenger is professor of international security policy and director of the Center for Security Studies at ETH Zurich.
South Asia constitutes a key geography in the world today considering its large population and related daunting energy and environmental challenges. Many countries in the region are faced with a growing gap between energy demand and local resources, resulting in an increased dependence on imports. According to the International Energy Agency (IEA), the energy demand in South Asia will grow at a rate more than double that of the world average in the coming decades. This book addresses the critical subject of energy and environmental outlook for South Asia and presents the wider challenges and the responses at the national and regional level. Features: Discusses and addresses the ongoing energy and environmental challenges faced by almost a quarter of the global population Includes dedicated chapters for each country and presents analysis and recommendations by regional experts Examines how deteriorating air quality and persistent natural disasters are severe environmental challenges for the region Discusses the implications of global warming and climate change for South Asia Includes practical case studies throughout Energy and Environmental Outlook for South Asia will benefit a wide range of stakeholders from various fields including but not limited to energy, environment, economics, national security, and sustainable development. It also serves as a valuable resource for academics, researchers, analysts, policymakers, and representatives of utilities, industry, professional bodies, financial institutions, think tanks, and developmental organizations to better plan their initiatives, activities, and policies. It will help countries in the region and also those around the world by learning from shared experience, and ideally by collaborating for energy and environmental prosperity.
Immersed in their on-demand, highly consumptive, and disposable
lifestyles, most urban Americans take for granted the technologies
that provide them with potable water, remove their trash, and
process their wastewater. These vital services, however, are the
byproduct of many decades of development by engineers, sanitarians,
and civic planners.
Guides the reader systematically through the basic methods of hydrology and site survey and describes how to set up an appropriate scheme, with detailed technical information; also covers the essential economic considerations and maintenance requirements.
According to recent estimates, around 6,000 people - mostly children under five - die every day from diseases caused by inappropriate water and sanitation (WS) services. Much of the academic and political debate surrounding this issue has focused on private sector participation. By shifting the attention towards the influence of governance, Krause examines the political and sectoral institutions that are essential for the provision of WS services. Utilizing data from sixty-nine developing countries, Matthias Krause demonstrates that the level of democracy has a statistically significant positive impact on access to WS services and that low-quality governance of sub-national governments compromises the internal efficiency of providers and the widespread access to services. This book makes a critical contribution to the water and sanitation research and will help academics and policy-makers to rethink the way in which they deal with water issues.
This book analyses the strategic dimensions of energy security, particularly where energy resources have become the object of military competition. The volume explores the risks that may arise from conditions of increasing economic competition and resource scarcity, and the problems that may follow if major producers or consumers of energy lose confidence in the equity and efficiency of the market, and resort instead to the use of force to secure access to energy. It surveys the strategic outlook of both producer and consumer states, with emphasis on nations or regions (Central Asia, Russia, China, Venezuela, the Persian Gulf) where unstable or rapidly evolving political conditions may undermine the currently prevailing market consensus. It also examines the role of the United States as the chief guarantor of the global economy, and the challenge this poses for its exercise of military power. The book contests that while the global energy market may be largely self-regulating, it is not self-defending. A failure to consider how it can be most effectively defended from emerging and potential challenges merely heightens the risk that those challenges may someday become real.
The geopolitics of oil and gas have made a spectacular return to the international political agenda. The European Union (EU) has recognized the importance of incorporating energy security more systematically into foreign policy. It has committed itself to pursuing an energy security policy based on market interdependence, European unity and long-term governance improvements in producer states. In offering the first broad, global assessment of the foreign policy dimensions of EU energy security, this book considers how far these commitments have been implemented. Examining how the EU s general approach to energy security has played out in the specific political contexts of different countries and regions, distinctive features of the book include:
This book will be of interest to students, scholars and policy makers in the fields of European/EU Politics, energy politics, foreign policy and International Relations.
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.
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.
A comprehensive overview of trading and risk management in the energy markets "Energy Trading and Risk Management "provides a comprehensive overview of global energy markets from one of the foremost authorities on energy derivatives and quantitative finance. With an approachable writing style, Iris Mack breaks down the three primary applications for energy derivatives markets - Risk Management, Speculation, and Investment Portfolio Diversification - in a way that hedge fund traders, consultants, and energy market participants can apply in their day to day trading activities. Moving from the fundamentals of energy markets through simple and complex derivatives trading, hedging strategies, and industry-specific case studies, Dr. Mack walks readers through energy trading and risk management concepts at an instructive pace, supporting her explanations with real-world examples, illustrations, charts, and precise definitions of important and often-misunderstood terms.From stochastic pricing models for exotic derivatives, to modern portfolio theory (MPT), energy portfolio management (EPM), to case studies dealing specifically with risk management challenges unique to wind and hydro-electric power, the bookguides readers through the complex world of energy trading and risk management to help investors, executives, and energy professionals ensure profitability and optimal risk mitigation in every market climate."Energy Trading and Risk Management" is a great resource to help grapple with the very interesting but oftentimes complex issues that arise in energy trading and risk management.
A Wall Street Journal besteller and a USA Today Best Book of 2020 Named Energy Writer of the Year for The New Map by the American Energy Society "A master class on how the world works." -NPR Pulitzer Prize-winning author and global energy expert, Daniel Yergin offers a revelatory new account of how energy revolutions, climate battles, and geopolitics are mapping our future The world is being shaken by the collision of energy, climate change, and the clashing power of nations in a time of global crisis. Out of this tumult is emerging a new map of energy and geopolitics. The "shale revolution" in oil and gas has transformed the American economy, ending the "era of shortage" but introducing a turbulent new era. Almost overnight, the United States has become the world's number one energy powerhouse. Yet concern about energy's role in climate change is challenging the global economy and way of life, accelerating a second energy revolution in the search for a low-carbon future. All of this has been made starker and more urgent by the coronavirus pandemic and the economic dark age that it has wrought. World politics is being upended, as a new cold war develops between the United States and China, and the rivalry grows more dangerous with Russia, which is pivoting east toward Beijing. Vladimir Putin and China's Xi Jinping are converging both on energy and on challenging American leadership, as China projects its power and influence in all directions. The South China Sea, claimed by China and the world's most critical trade route, could become the arena where the United States and China directly collide. The map of the Middle East, which was laid down after World War I, is being challenged by jihadists, revolutionary Iran, ethnic and religious clashes, and restive populations. But the region has also been shocked by the two recent oil price collapses--and by the very question of oil's future in the rest of this century. A master storyteller and global energy expert, Daniel Yergin takes the reader on an utterly riveting and timely journey across the world's new map. He illuminates the great energy and geopolitical questions in an era of rising political turbulence and points to the profound challenges that lie ahead.
One of the consequences of the post-socialist transformation of Eastern and Central Europe and the Former Soviet Union is the emergence of energy poverty, a condition where households are living in inadequately heated homes. This book provides the first full-length examination of the causes, consequences and patterns of energy poverty in former Communist countries. Based on empirical evidence that spans different spatial contexts and scales and compares these with other parts of the world, the book links household-level deprivation with broader organizational and political dynamics. The book also analyzes the lived experiences of scarcity and marginalization with the aid of two in-depth country studies. Furthermore, it identifies the socio-demographic factors that distinguish energy-poor families from the rest of the population, while stressing the need for a comprehensive range of policy tools to address energy poverty. As the issue of energy supply from the former Soviet Union is likely to become one of the most important economic and political problems across the whole of Europe within the next couple of decades, the book argues that there is a direct link between the energy crises experienced by the region, and the social aspects of energy use in households.
First published in 1997, this is an important and wide-ranging book. It is rooted in a fascinating, research-based case study of employee participation in the state-owned Greek public power (electricity) corporation. Drawing on extensive familiarity with the relevant literatures, however, it also provides a full appreciation of the significance of this case by placing it within both the history and current framework of employee organisation and industrial relations in Greece, and the development of Greece as a peripheral capitalist society in a global economy. By exploring the issue of employee participation in this way Dr Psimmenos not only makes a unique, original contribution to the study of industrial organisation and management-worker relations in Europe but also shows the impact which the institutions and processes of globalisation have upon a society and economy like Greece - part of the European Union and also subject to the constraints of international capitalism. Globalisation and Employee Participation will be welcomed by academics and researchers in sociology, politics, industrial relations and political economy, as well as those concerned with the history and present state of Greece and other Mediterranean societies. It is a valuable, scholarly addition to the literature in these areas.
Using a multidisciplinary approach that draws on their in-depth experience in the fields of energy, environment, and economics, the authors develop a comprehensive analytical framework. They apply their methodology to four detailed studies of Sri Lanka's energy sector, illustrating how to address key energy and environmental policy issues found in many developing countries today. Supplementary case examples are presented which also draw on many other countries in Asia and Africa. The main energy-related areas discussed include electric power, new and renewable energy sources, transport and oil-based fuels, and greenhouse gas emissions. The methodological tools of energy and environmental economics provide a rational basis for identifying policy priorities, evaluating them, and developing more sustainable energy options. The results of the studies are presented in an integrated manner, and contribute to the practical resolution of many important public policy issues. How to deal with risk and uncertainty, and how to identify robust policy options, are major themes that run throughout the volume. Energy and environmental economists, and graduate students interested in an introduction to the analytical methods used in recent World Bank projects on renewable energy and sustainable development will find this book of great value, as will decision makers and policy analysts in developing countries.
* Build more roads and congestion goes up, not down; improve engine efficiency and people drive more, increasing (as opposed to decreasing)emissions - these are examples of Jevons' Paradox, and clearly illustrate its importance in modern debates around resource use* From an international team of researchers, this is the first book to tackle the issues head-on - with special focus on the case of oil usage* Will be an essential addition to any economics, energy or resource management departmental bookshelf 'Jevons' Paradox', which was first expressed in 1865 by William Stanley Jevons in relation to use of coal, states that an increase in efficiency in using a resource leads to increased use of that resource rather than to a reduction. This has subsequently been proved to apply not just to fossil fuels, but other resource use scenarios. For example, doubling the efficiency of food production per hectare over the last 50 years (due to the Green Revolution) did not solve the problem of hunger. The increase in efficiency increased production and worsened hunger because of the resulting increase in population. The implications of this in today's world are substantial. Many scientists and policy makers argue that future technological innovations will reduce consumption of resources; Jevons' Paradox explains why this may be a false hope.This is the first book to provide a historical overview of Jevons' Paradox, provide evidence for its existence and apply it to complex systems. Written and edited by world experts in the fields of economics, technology and the environment, it explains the myth of efficiency and explores its implications for resource usage (particularly oil). It is a must read forpolicy makers, natural resource managers, academics and students concerned with the effects of efficiency on resource use.
Bringing together leading-edge research and innovative energy markets econometrics, this book collects the author's most important recent contributions in energy economics. In particular, the book:* applies recent advances in the field of applied econometrics to investigate a number of issues regarding energy markets, including the theory of storage and the efficient markets hypothesis* presents the basic stylized facts on energy price movements using correlation analysis, causality tests, integration theory, cointegration theory, as well as recently developed procedures for testing for shared and codependent cycles* uses recent advances in the financial econometrics literature to model time-varying returns and volatility in energy prices and to test for causal relationships between energy prices and their volatilities* explores the functioning of electricity markets and applies conventional models of time series analysis to investigate a number of issues regarding wholesale power prices in the western North American markets* applies tools from statistics and dynamical systems theory to test for nonlinear dynamics and deterministic chaos in a number of North American hydrocarbon markets (those of ethane, propane, normal butane, iso-butane, naptha, crude oil, and natural gas)
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.
Multinational Enterprise and Transnational Regions offers an innovative approach to the study of the history of transnational economic regions. The Rhine valley is such a region comprising the cities and areas along the Rhine river and its tributaries. The transition from coal to oil that unfolded between 1945 and 1973 rapidly transformed the region, shattering some of the old river-based connections and creating new ones with the introduction of large-scale cross-border oil pipelines. Multinational enterprises shaped these new regional connections but divergent national government responses gave rise to differentiated development in different parts of the Rhine valley. Multinational Enterprise and Transnational Regions argues that processes of regional change should be understood from transnational interconnections rather than from local or national perspectives. This book uses a transnational business history methodology to tease out the region's transformation and to circumvent the national bias in public sources. It will be of relevance to academics and researchers with an interest in regional and transnational European history, international business, environmental history, and business history, as well as practitioners interested in the oil industry, energy and energy history, business history and international business, and associated disciplines. |
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