The international energy industry frequently gives rise to complex, high-value disputes. As economic and commercial circumstances change, joint venture partners may disagree over operations, sellers and buyers may manoeuvre to amend pricing terms and states may seek to improve their take from investment projects. Any of these outcomes can have significant consequences for the long-term prospects of companies operating in the sector. These are just some of the issues covered by this new title, which provides a practical, user-friendly overview of the essentials of dispute resolution in the energy industry. Leading practitioners from international law firms and global companies consider, among other things, the drafting of dispute resolution clauses, the effective use of international arbitration, the management of large-scale energy disputes, and the development of case law in oil and gas disputes, construction disputes, environmental disputes and disputes arising in the nuclear sector. Edited by Ronnie King, head of the arbitration team at international law firm Ashurst LLP, this title will be of practical value for all dispute resolution lawyers advising in the energy industry, and for others who have an interest in the important issues discussed.

This book redefines climate protection measures and readjusts climate protection targets in line with what is scientifically necessary and economically feasible. The reader is provided with an overview of recent developments and failings in, and successful instruments for, fighting climate change and global warming. Effective climate protection measures rest on two pillars: stopping all greenhouse gas emissions and cleaning the atmosphere of spare carbon. Both are possible, if the use of fossil fuels in the energy, transport, construction and chemistry sectors is terminated and the decision is made to consistently switch to a world economy with zero emissions instead. Global Feed-in-Tariffs can provide incentives for renewable energies as the German Feed-in-Tariff has proven - a measure which has been copied by almost 70 nations around the world. At the same time agricultural practices are necessary to support an increase in biodiversity, e.g. re-greening the desert, afforestation and organic agriculture and active storage of atmospheric carbon emissions within agricultural soils. This book demonstrates that investment in renewable energies and a sustainable economy is not only a worthwhile cause but also has an economic value. The book introduces new actors such as the financial industry as an investor and political actor. If the financial industry becomes a political actor and calls for a necessary regulatory framework, more nations will follow - accompanied by an economic benefit - which will create a class of pioneer nations instead of the ever failing project of a global climate agreement. The transformation of the world economy can be accelerated through the right political measures. Active legislative support is necessary, for example the implementation of Feed-in-Tariffs for renewable energies, ending all subsidies for fossil fuels and the internalization of external damage costs such as nuclear waste management. Global warming does not have to be our inescapable fate. If mankind pursues the right climate protection strategies, the earth can be cooled down to an acceptable level in a few decades.

The rapid development of energy program evaluation has broad implications for the policy porcess and policy design. Evaluation plays a far-reaching role in the energy policy process, affecting all segments of the population and the allocation of billions of dollars in public and private expenditure. The authors have selected a variety of energy program evaluations from the hundreds that have been conducted over the past five years to illustrate this development in energy policy. Thus, they inform the policy community in both academia and in government of the impact of evaluation in the energy context. They also enlighten practitioners in energy program evaluation of the policy implications of this work.

Oil and gas contracts are shaped by national and international laws that relate to common industry transactions. With standardised contracts being used across different jurisdictions, it is important that these legal principles are properly understood. The increasing scarcity of natural resources makes it more, rather than less, likely that legal issues will be tested in the oil and gas sector. This title seeks to explore industry issues using a new approach. It includes comprehensive commentaries on topics in the oil industry and links these with edited extracts from underlying legal texts. The reader benefits from the combination of both a full analysis of key legal issues and selected passages of text from legal sources. Taking exploration and production in the United Kingdom as its subject matter, the book also cites other jurisdictions by way of comparative study and on issues where the United Kingdom lacks decided case law. It also sets out the various international conventions and European laws which directly or indirectly form the basis of UK law and government practice and policy. Chapters cover exclusive licences, joint operating agreements, unitisation agreements and gas sales agreements. The book also analyses issues such as ownership of petroleum, the law of capture, rights of exploitation, the legal nature of exclusive licences, decommissioning, investor protection and human rights based on the principal legal obligations of parties and governments. Author Marc Hammerson is a partner at Akin Gump. He has extensive experience advising energy majors and independent energy companies on upstream and downstream oil and gas and power.

This book provides a broad overview of the financial, economic and legal implications of energy industry regulations in various countries. In light of significant changes around the globe, it analyses various institutions that are involved in regulative measures, and based on various country studies, it offers insights into how energy sector regulations differ across countries with different market structures and institutions. Covering major topics such as laws and regulations geared to market competition and sustainability and the impact of noncompliance to regulations, from the perspectives of financial markets, and financial risks, the book is divided into four parts: Part I Regulations: price and trade controls; Part II. Non-price & trade control regulations; Part III: Compliance with regulations; and Part IV: Market issues and regulation. It will appeal to scholar in economics, finance and related fields as well as to policymakers and practitioners in the energy industry. This is the seventh volume in a series on energy organized by the Centre for Energy and Value Issues (CEVI). The previous volumes in the series were: Financial Aspects in Energy (2011), Energy Economics and Financial Markets (2012), Perspectives on Energy Risk (2014), Energy Technology and Valuation Issues (2015), Energy and Finance (2016) and Energy Economy, Finance and Geostrategy (2018).

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.

The climate of our planet is changing at a rate unprecedented in recent human history. The energy absorbed from the sun exceeds what is returned to space. The planet as a whole is gaining energy. The heat content of the ocean is increasing, the surface and atmosphere are warming, mid-latitude glaciers are melting, sea level is rising, and the Arctic Ocean is losing its ice cover. None of these assertions is based on theory but on hard observational facts. Given the science-heavy nature of climate change, debates and discussions have not played as big a role in the public sphere as they should, and instead are relegated to often misinformed political discussions and inaccessible scientific conferences. Michael B. McElroy, an eminent Harvard scholar of environmental studies, combines both his research chops and pedagogical expertise to present a book that will appeal to the lay reader but still be grounded in scientific fact. The book begins with a general introduction, followed by chapters on energy basics, a discussion of the contemporary energy systems of the US and China, and the aforementioned chapters on climate. It continues with a series of chapters on specific energy options: coal, oil, natural gas, nuclear, wind, solar, hydro, geothermal, and biomass. The perspective is global but with a specific focus on the US and China recognizing the critical role these countries must play in addressing the challenge of global climate change. The book concludes with a discussion of initiatives now underway to at least reduce the rate of increase of greenhouse gas emissions, together with a vision for a low carbon energy future that could in principle minimize the long-term impact of energy systems on global climate.

Reducing and managing humanity's demand for energy is a fundamental part of the effort to mitigate climate change. In this, the most comprehensive textbook ever written on the subject, L. D. Danny Harvey lays out the theory and practice of how things must change if we are to meet our energy needs sustainably.

The book begins with a succinct summary of the scientific basis for concern over global warming, then outlines energy basics and current patterns and trends in energy use. This is followed by a discussion of current and advanced technologies for the generation of electricity from fossil fuels. The book then considers in detail how energy is used, and how this use can be dramatically reduced, in the following end-use sectors:

• buildings
• transportation
• industry
• food and agriculture
• municipal services.

The findings from these sector-by-sector assessments are then applied to generate scenarios of how global energy demand could evolve over the coming decades with full implementation of the identified and economically-feasible energy-saving potential. The book ends with a brief discussion of policies that can be used to reduce energy demand, but also addresses the limits of technologically-based improvements in efficiency in moderating demand and of the need to re-think some of our underlying assumptions concern ends with a brief discusing what we really need. Along with its companion volume on C-free energy supply, and accompanied by extensive supplementary online material, this is an essential resource for students and practitioners in engineering, architecture, environment and energy related fields.

Online material includes: Excel-based computational exercises, teaching slides for each chapter and links to free software tools.

In 2014, European heads of state selected new targets for the EU as part of the 2030 climate and energy framework. These targets will guide the ambition and nature of EU policy in this area until 2030 and are likely to have important implications for Europe's transition to a low-carbon economy. This book exposes the role of civil society and business interest groups in setting the policymaking agenda and defining the range of options for the framework. Based on a unique sample of 32 in-depth interviews with Brussels policy elites, this book casts EU interest representation in a new light. In a novel application of the 'multiple streams approach', sequential chapters present the problems faced by policymakers, the range of policy options available to address them and the political constraints within which policy entrepreneurs attempted to attached policies to problems.

Nuclear Radioactive Materials in the Oil and Gas Industry comprehensively discusses the TENORMs generated from various types of oil and gas processes and their associated adverse human health effects, effective TENORM waste management strategies, and the quantitative risk analysis. The book thoroughly investigates current knowledge, addressing the three main gaps identified in available studies: 1) Exposure to radioactivity, 2) High volume waste as a source of radiation exposure, and 3) A lack of uniform, international safety regulations. This book offers researchers, scientists and graduate and undergraduate students a comprehensive and well-researched reference that covers fundamental concepts, problem identification and solutions development. It is an ideal, comprehensive guideline for professionals involved in the oil and gas and nuclear industries who are concerned about radiological issues.

This book provides several up-to-date empirical policy-oriented studies on assessing the impacts of climate change on various economic sectors and the role of renewable energy resources in mitigating pollution and climate change. It suggests various policy recommendations on how to increase the share of renewable energy resources in the energy baskets of the members of the Association of Southeast Asian Nations (ASEAN) and the rest of the world to ensure energy sustainability. As of 2020, most of the world's energy investment still went to carbon-emitting sources, namely, fossil fuels. On the other hand, the Covid-19 pandemic and the economic Project Overview 20 March 2021 08:39 Page 6 of 9 downturns shrank the global energy demand, including fossil fuels, resulting in a sharp drop in their prices. Low fossil fuel prices are harmful to developing renewable energy projects, making solar, wind, and other renewable energy resources less competitive as sources of electricity. This is endangering the Paris agreement and the "Climate Action" goal of the United Nations. Given the high share of fossil fuels in the energy mix of the members of ASEAN, tremendous challenges must be faced for their energy transition in the post-Covid-19 world. The authors call for sound policy and applicable technologies to ensure sustainable energy availability, accessibility, and affordability to reach emission reduction targets.

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.

Advances in new equipment, new processes, and new technology are the driving forces in improvements in energy management, energy efficiency and energy cost control. The purpose of this book is to document the operational experience with web based systems in actual facilities and in varied applications, and to show how new opportunities have developed for energy and facility managers to quickly and effectively control and manage their operations. You'll find information on what is actually happening at other facilities, and see what is involved for current and future installations of internet-based technologies. The case studies and applications described should greatly assist energy, facility and maintenance managers, as well as consultants and control systems development engineers.

Power interruptions of the scale of the North American Blackout of 2003 are rare, but they still loom as a possibility. Will the aging infrastructure fail because deregulated monopolies have no financial incentives to upgrade? Is centralized planning becoming subordinate to market forces? Understanding Electric Utilities and De-Regulation, Second Edition provides an updated, non-technical description that sheds light on the nature of the industry and the issues involved in its transition away from a regulated environment. The book begins by broadly surveying the industry, from a regulated utility structure to the major concepts of de-regulation to the history of electricity, the technical aspects, and the business of power. Then, the authors delve into the technologies and functions on which the industry operates; the many ways that power is used; and the various means of power generation, including central generating stations, renewable energy, and single-household size generators. The authors then devote considerable attention to the details of regulation and de-regulation. To conclude, one new chapter examines aging infrastructures and reliability of service, while another explores the causes of blackouts and how they can be prevented. Based on the authors' extensive experience, Understanding Electric Utilities and De-Regulation, Second Edition offers an up-to-date perspective on the major issues impacting the daily operations as well as the long-term future of the electric utilities industry.

Oil and Urbanization on the Pacific Coast tells the story of oilman Ralph Bramel Lloyd, a small business owner who drove the development of one of America's largest oil fields. Lloyd invested his petroleum earnings in commercial real estate-much of it centered around automobiles and the fuel they require-in several western cities, notably Portland, Oregon. Putting the history of extractive industry in dialogue with the history of urban development, Michael R. Adamson shows how energy is woven into the fabric of modern life, and how the "energy capital" of Los Angeles exerted far-flung influence in the US West. A contribution to the relatively understudied history of small businesses in the United States, Oil and Urbanization on the Pacific Coast explores issues of interest to multiple audiences, such as the competition for influence over urban development waged among local growth machines and outside corporate interests; the urban rivalries of a region; the importance of public capital in mobilizing the commercial real estate sector during the Great Depression and World War II; and the relationships among owners, architects, and contractors in the execution of commercial building projects.

This book is comprised of the proceedings of the Euromech Colloquium 464b "Wind Energy." It comprises reports on basic research, as well as research related to the practical exploitation and application of wind energy. The book describes the atmospheric turbulent wind condition on different time scales, and the interaction of wind turbines with both wind and water flows. These influence the design, operation and maintenance of offshore wind turbines.

Energy Positive Neighborhoods and Smart Energy Districts: Methods, Tools, and Experiences from the Field is a comprehensive guide to this highly interdisciplinary topic. Monti et. al's combined experience make them the most qualified team of editors to explore the processes and tools involved in creating Energy Positive Neighborhoods and Smart Energy Districts in an urban setting. Tools include: A complete simulation library to quickly support the implementation of a model of the scenario A set of possible approaches to neighborhood energy optimization An open, extensible information model for neighbourhood asset description The structure of this book offers different reading paths to appeal to the very varied audience it addresses. It describes the process of adaption and the challenges faced by the decision makers, and also how simulation, optimisation, ICT approaches and business models are combined in a holistic and pragmatic way. It also offers possible business models and a means to quantify them to complete the development process. This book is suitable for students on muti-disciplinary energy engineering courses, energy practitioners, ICT vendors aiming to develop new services to target the building industry, and decision makers aiming to structure an urban renovation program.

Africa's rapid population growth and urbanisation has made its socioeconomic development a global priority. But as China ramps up its assistance in bridging Africa's basic infrastructure gap to the detriment of institutions building, warnings of a debt trap have followed. Building upon an extensive body of evidence, the editors argue that developing institutions and infrastructure are two equally desirable but organisationally incompatible objectives. In conceptualising this duality by design, a new theoretical framework proposes better understanding of the differing approaches to development espoused by traditional agencies, such as the World Bank, and emergent Chinese agencies. This new framing moves the debate away from the fruitless search for a 'superior' form of organising, and instead suggests looking for complementarities in competing forms of organising for development. For students and researchers in international business, strategic and public management, and complex systems, as well as practitioners in international development and business in emergent markets.

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.

Developing the Global Bioeconomy: Technical, Market, and Environmental Lessons from Bioenergy brings together expertise from three IEA-Bioenergy subtasks on pyrolysis, international trade, and biorefineries to review the bioenergy sector and draw useful lessons for the full deployment of the bioeconomy. Despite the vast amount of politically driven strategies, there is little understanding on how current markets will transition towards a global bioeconomy. The question is not only how the bioeconomy can be developed, but also how it can be developed sustainably in terms of economic and environmental concerns. To answer this question, this book's expert chapter authors seek to identify the types of biorefineries that are expected to be implemented and the types of feedstock that may be used. They also provide historical analysis of the developments of biopower and biofuel markets, integration opportunities into existing supply chains, and the conditions that would need to be created and enhanced to achieve a global biomass trade system that could support a global bioeconomy. As expectations that a future bioeconomy will rely on a series of tradable commodities, this book provides a central accounting of the state of the discussion in a multidisciplinary approach that is ideal for research and academic experts, and analysts in all areas of the bioenergy, biofuels, and bioeconomy sectors, as well as those interested in energy policy and economics.

An original look from a microeconomic perspective for power system optimization and its application to electricity markets * Presents a new and systematic viewpoint for power system optimization inspired by microeconomics and game theory * A timely and important advanced reference with the fast growth of smart grids * Professor Chen is a pioneer of applying experimental economics to the electricity market trading mechanism, and this work brings together the latest research * A companion website is available Edit

Facility Integrity Management: Effective Principles and Practices for the Oil, Gas and Petrochemical Industries presents the information needed to completely understand common failures in the facility integrity management process. By understanding this more comprehensive approach, companies will be able to better identify shortcomings within their respective system that they did not realize existed. To introduce this method, the book provides managers and engineers with a model that ensures major process incidents are avoided, aging facilities are kept in a safe and reliable state and are operating at maximum levels, and any gaps within the integrity management system are identified and addressed, such as the all too common fragmented reliability programs. The book approaches oil and gas facility management from a universal perspective, effectively charting out existing oil and gas facilities and their associated work processes, including maintenance, operations, and reliability, and then reconstructs them in order to optimize the way integrity is managed, creating a synergy across the various elements. Easy to read, packed with practical applications applied to real process plant scenarios such as key concepts, process flow charts, handy checklists, real-world case studies and a dictionary, provides a high quality guide for a breakdown free facility, maximizing productivity and return to shareholders.

The development of alternative forms of energy supply since the mid-1970s has brought with it a range of new issues and concerns, ranging from nuclear waste disposal to land use planning for energy efficiency. This latest volume in the acclaimed Energy Policy Studies series brings together an interdisciplinary group of researchers to examine the relationship between energy and planning policy, with emphasis on urban and regional impacts.

Like other volumes in the series, the articles included focus on the social, political, and economic dimensions of energy technology, resources, and use. The emphasis on issues of technological scale, resource allocation, environmental impact and quality, and urban and regional studies makes this a unique contribution to the literature.

Contents: "Creating Land-Energy Transitions," by Andrew F. Huston, U.S. Department of Housing and Urban Development; "Land Use Planning for Energy Efficiency," by Susan E. Owens, Cambridge University; "Nuclear Waste Landscapes," by Barry Solomon, U.S. Energy Information Administration; "Economic Development, Growth and Land Use Planning in Oil and Gas Producing Regions," by Robert L. Mansell, University of Calgary; "The Land Use Focus of Energy Impacts," by M. J. Pasqualetti, Arizona State University; "Energy Use and Land Use," by Stephen Lonergan, McMaster University; and a concluding essay by J. Barry Cullingworth, University of Delaware.

This book introduces the latest thinking on the use of Big Data in the context of urban systems, including research and insights on human behavior, urban dynamics, resource use, sustainability and spatial disparities, where it promises improved planning, management and governance in the urban sectors (e.g., transportation, energy, smart cities, crime, housing, urban and regional economies, public health, public engagement, urban governance and political systems), as well as Big Data's utility in decision-making, and development of indicators to monitor economic and social activity, and for urban sustainability, transparency, livability, social inclusion, place-making, accessibility and resilience.