East Asian nations through the dialogue between ASEAN and its partners have been promoting energy market integration (EMI) for a decade. The formation of the East Asian Summit (EAS) group in 2005 adds new momentum to the EMI course in the region. The objective of this edited volume is to present new insights into the understanding of EMI in East Asia and draw implications for further development. This book is the first publication of its kind exclusively focusing on EMI in East Asia. The chapters are written by a distinguished group of specialists in the field of energy policy, business and economics. The covered topics range from the general debates about EMI to regional policy responses. A variety of qualitative and quantitative methods are employed in this book. For qualitative methods, public goods theory and the comparative study method are two examples. The quantitative methods include economic growth theory, principle component approach, input-output table, computable general equilibrium (CGE) models and econometric techniques. Important policy implications can be drawn from the findings. One clear message is that EMI should be promoted actively but in a gradual, incremental manner. Other policy implications are related to inter-regional governance, infrastructure development and gas market integration. The content has not been published elsewhere and hence makes a unique contribution to the literature. There are also case studies of specific energy sectors such as petroleum and natural gas. Overall this book should be of interest to a wide audience such as academia, business analysts and policy makers.

This book provides a succinct overview of the evolution of policies addressing energy and climate justice in South Africa. Drawing on a range of analytical perspectives, including socio-technical studies, just transitions, and critical political economy, it explains why South Africa's energy transition from a coal-dependent, centralised power generation and distribution system has been so slow, and reveals the types of socio-political inequalities that persist across regimes and energy sources. Topics explored include critical approaches to the South African state and its state-owned energy provider, Eskom; the political ecologies of coal and water; the politics of non-renewable energy alternatives; as well as the trajectory and fate of the Renewable Energy Independent Power Producers Procurement Programme (REIPPPP), the country's major renewable energy policy. The book concludes with reflections on alternative, neglected energy and development paths, suggesting how the political economy of South Africa's energy system could be further transformed for the better.

Presented in nontechnical terms, this book offers a unique and powerful conceptual framework for analysis of energy technologies (standard and alternative) in terms of their respective dollar costs, environmental costs, and national security costs. Energy technologies examined include coal, nuclear, oil, natural gas, solar, wind, geothermal, hydropower, biomass and biogas, energy conservation and efficiency, ocean power, hydrogen, electric power and transmission, and transportation. This three-point framework allows examination of issues and problems associated with implementation of U.S. energy policies in the context of major social goals (such as growth and equity), with treatment of conflicts and trade-offs between energy development and other social values (such as health and safety, cultural, historical, and aesthetic values). These are the key political issues for policy makers formulating national energy policy and decisions makers implementing it.

Explanatory text that treats the complete fundamentals of energy and current energy resources, technologies developments, solutions to energy issues and new concepts ranging from fossil fuel to solar energy, biomass energy, wind energy, ocean energy, geothermal energy, hydrogen energy, fuel cells, thermo-electric systems, nuclear energy and nanotechnology concepts to generate clean energy. The theoretical aspects of various energy conversion technologies, and design practices in light of national and international perspectives are discussed with educational examples. Every technique is explained in detail and every chapter is concluded with a reference section, recommended reading and a number of questions. Intended for university students with various backgrounds, who are involved in energy science and engineering (chemistry, physics, environmental sciences, earth sciences, petroleum, mining and mechanical engineering). Recommended for professionals seeking an introduction to the subject.

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).

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.

Mathematical techniques for trading and risk management.

"Managing Energy Risk" closes the gap between modern techniques from financial mathematics and the practical implementation for trading and risk management. It takes a multi-commodity approach that covers the mutual influences of the markets for fuels, emission certificates, and power. It includes many practical examples and covers methods from financial mathematics as well as economics and energy-related models.

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.

An overview of today's energy markets from a multi-commodity perspective As global warming takes center stage in the public and private sectors, new debates on the future of energy markets and electricity generation have emerged around the world. The Second Edition of Managing Energy Risk has been updated to reflect the latest products, approaches, and energy market evolution. A full 30% of the content accounts for changes that have occurred since the publication of the first edition. Practitioners will appreciate this contemporary approach to energy and the comprehensive information on recent market influences. A new chapter is devoted to the growing importance of renewable energy sources, related subsidy schemes and their impact on energy markets. Carbon emissions certificates, post-Fukushima market shifts, and improvements in renewable energy generation are all included. Further, due to the unprecedented growth in shale gas production in recent years, a significant amount of material on gas markets has been added in this edition. Managing Energy Risk is now a complete guide to both gas and electricity markets, and gas-specific models like gas storage and swing contracts are given their due. The unique, practical approach to energy trading includes a comprehensive explanation of the interactions and relations between all energy commodities. * Thoroughly revised to reflect recent changes in renewable energy, impacts of the financial crisis, and market fluctuations in the wake of Fukushima * Emphasizes both electricity and gas, with all-new gas valuation models and a thorough description of the gas market * Written by a team of authors with theoretical and practical expertise, blending mathematical finance and technical optimization * Covers developments in the European Union Emissions Trading Scheme, as well as coal, oil, natural gas, and renewables The latest developments in gas and power markets have demonstrated the growing importance of energy risk management for utility companies and energy intensive industry. By combining energy economics models and financial engineering, Managing Energy Risk delivers a balanced perspective that captures the nuances in the exciting world of energy.

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.

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.