Drawing on cutting-edge research from leading scholars, this book investigates state preferences for regime creation and assesses state capacity for executing these preferences in Northeast Asia's energy domain, defined as the geographical area comprising the following countries - Russia, Mongolia, China, Japan, South Korea and North Korea. Specifically, the book examines questions pertaining to how states perceive the need and necessity for establishing a regime when it comes to the issue of energy and how much commitment they make to the effort in Northeast Asia. The book analyses the factors that shapes each country's fundamental energy interests in the region, how these interests impact their attitudes toward engaging the region on energy security and the way they carry out their regional engagement a different levels - government, industry, and the so-called epistemic community level. Based on their interests in promoting institutionalized regional energy cooperation and their capacity for forging that cooperation, the collection looks at how we assess each state's role in contributing to an energy regime in Northeast Asia.Furthermore, the book examines the implications of the Northeast Asian states' perceptions, interests, objectives, and capacity regarding regional energy security cooperation for the prospect of regime creation in the region's energy domain. This study should be of interest to scholars and students of environmental policy, energy policy, security studies, Asian studies and international relations.

In an effort to provide greater awareness of the necessary policy decisions facing our elected and appointed officials, Energy Policy in the U.S.: Politics, Challenges, and Prospects for Change presents an overview of important energy policies and the policy process in the United States, including their history, goals, methods of action, and consequences. In the first half of the book, the authors frame the energy policy issue by reviewing U.S. energy policy history, identifying the policy-making players, and illuminating the costs, benefits, and economic and political realities of currently competing policy alternatives. The book examines the stakeholders and their attempts to influence energy policy and addresses the role of supply and demand on the national commitment to energy conservation and the development of alternative energy sources. The latter half of the book delves into specific energy policy strategies, including economic and regulatory options, and factors that influence energy policies, such as the importance of international cooperation. Renewed interest in various renewable and nontraditional energy resources-for example, hydrogen, nuclear fusion, biomass, and tide motion-is examined, and policy agendas are explored in view of scientific, economic, regulatory, production, and environmental constraints. This book provides excellent insight into the complex task of creating a comprehensive energy policy and its importance in the continued availability of energy to power our way of life and economy while protecting our environment and national security.

Weltweit verursachen Transport und Verkehr etwa ein Drittel der CO2-Emissionen, davon entfallen 75 Prozent auf den Strassenverkehr. NGOs, der Gesetzgeber aber auch Verlader fordern daher zunehmend Transparenz und die Senkung von CO2-Emissionen, was dazu gefuhrt hat, dass sich CO2-Management fur Logistikdienstleister zu einem strategischen Zukunftsthema entwickelt hat. Fuhrende Logistikdienstleister setzen sich mit dem Thema CO2-Management intensiv auseinander und haben zur Erfassung und zum Reporting von Emissionskennzahlen weitgehend unternehmensindividuelle Loesungsansatze erarbeitet. Insbesondere mittelstandische Logistikdienstleister stehen aber vor der Herausforderung, trotz schlanker Geschaftsstrukturen und begrenzter finanzieller sowie personeller Ressourcen, kontinuierlich Wissen aufzubauen und ein geeignetes operatives Instrumentarium fur das CO2-Management zu entwickeln.

Written in accessible, understandable prose, this book explains the connection between energy and business performance. It delineates how day-to-day choices relate to the risks and rewards of energy use. Concise, to-the-point chapters explain how energy is invested, preserved, and ultimately positioned to create wealth. Hard-nosed business leaders should appreciate the section with examples that show a strong financial case for energy improvements, including the save-or-buy criterion, the economic penalty for "doing nothing," the break-even cost, and the budget for supporting design and analysis work.

A unified theory of conservation that addresses the broad problem of conservation, the principles that inform conservation choices, and the application of those principles to the management of the natural world. The conservation of natural resources, like that of any other asset, involves trade-offs. Yet, in a world faced with the harsh realities of climate change, crafting the right environmental policies is an increasingly urgent task. In Conservation, Charles Perrings and Ann Kinzig bring together new research in economics and biodiversity to investigate conservation decisions and the theory behind them. Perrings and Kinzig apply the concept of conservation broadly to examine how the principles of conservation apply to the management of the natural world. They demonstrate that the same basic principles serve as the foundation of all rational conservation decisions, from managing financial assets to safeguarding at-risk ecosystems. Whether someone is deciding to hold or dispose of a stock or whether to exploit or preserve a natural resource, they are better off choosing to conserve a resource when its value to them, if conserved, is greater than its value when converted. The book also considers the context of such conservation decisions. Just as national tax rules influence choices about financial investments, environmental regulations within countries, and environmental agreements between countries, impact the decisions regarding natural resources. Building on their basic theory of conservation, Perrings and Kinzig address key issues in the field of environmental economics, including the valuation of ecosystem services and environmental assets; the limits on the substitutability of produced and natural capital; and the challenges posed by the often weak markets for ecosystem services oriented toward the public good. They also address the problem of scale: while decisions might be easier to make at the local level, many conservation policies need to apply at either the national or international level to succeed. Written by experts from both social and hard sciences, this book presents a unified theory of conservation and provides a model for a more effective way to approach the vitally important issue.

Ist die Energieversorgung in Europa allein auf der Basis von Sonnen- und Windenergie moglich? Der Autor zeigt aufgrund aktueller Berechnungen auf, dass dies mit Unterstutzung von Speicherkraftwerken eine reale Option ist. Er ermittelt den Kapazitatsbedarf fur Speicherkraftwerke zum Ausgleich zwischen einer wetterabhangigen Stromgewinnung und dem Verbrauch und stellt neue Typen von Pumpspeicherkraftwerken vor, die die Speicherlucke schliessen konnten. Er pladiert auch fur eine gesamtwirtschaftliche Optimierung von Windkraftanlagen durch eine Erhohung ihres Benutzungsgrads. Als weiteren entscheidenden Faktor fuhrt er die geschickte Abstimmung aller Parameter ins Feld, um eine sichere, bedarfsgerechte Stromversorgung zu gewahrleisten."

Modeling the dynamics of energy markets has become a challenging task. The intensification of their financialization since 2004 had made them more complex but also more integrated with other tradable asset classes. More importantly, their large and frequent fluctuations in terms of both prices and volatility, particularly in the aftermath of the global financial crisis 2008-2009, posit difficulties for modeling and forecasting energy price behavior and are primary sources of concerns for macroeconomic stability and general economic performance.This handbook aims to advance the debate on the theories and practices of quantitative energy finance while shedding light on innovative results and technical methods applied to energy markets. Its primary focus is on the recent development and applications of mathematical and quantitative approaches for a better understanding of the stochastic processes that drive energy market movements. The handbook is designed for not only graduate students and researchers but also practitioners and policymakers.

From twice-Pulitzer-Prize-winning author Steve Coll comes Private Empire, winner of the FT/GOLDMAN SACHS BUSINESS BOOK OF THE YEAR AWARD 2012 The oil giant ExxonMobil makes more money annually than the GDP of most countries; has greater sway than US embassies abroad; and spends more on lobbying than any other corporation. Yet to outsiders it is a mystery. In Private Empire, award-winning reporter Steve Coll tells the truth about the world's most powerful and shadowy company. From the Exxon Valdez accident in 1989 to the Deepwater Horizon oil spill, via Moscow, the swamps of the Niger Delta and the halls of Congress, he reveals a story of dictators, oligarchs, civil war, blackmail, secrecy and ruthlessness. Drawing on hundreds of interviews and newly declassified documents, this is a chilling portrait of unchecked power. Reviews: 'Magisterial ... a revealing history of our time' New York Review of Books 'Meticulous, multi-angled and valuable ... Coll's prose sweeps the earth like an Imax camera' Dwight Garner, The New York Times 'Jaw-dropping reading' Kirkus Reviews 'The definitive work on its subject ... at every stop there are vivid anecdotes, sharp insights and telling details' Ed Crooks, Financial Times About the author: Steve Coll is the author of the New York Times bestseller The Bin Ladens. He is president of the New America Foundation, a nonpartisan public policy institute headquartered in Washington, D.C., and a staff writer for The New Yorker. He won a Pulitzer prize for explanatory journalism while working at the Washingon Post. He is the author of six other books, including the bestseller Ghost Wars, which won him a second Pulitzer prize. He lives in Washington and New York.

It is now almost impossible to conceive of life in western Europe, either in the towns or the countryside, without a reliable mains electricity supply. By 1938, two-thirds of rural dwellings had been connected to a centrally generated supply, but the majority of farms in Britain were not linked to the mains until sometime between 1950 and 1970. Given the significance of electricity for modern life, the difficulties of supplying it to isolated communities, and the parallels with current discussions over the provision of high-speed broadband connections, it is surprising that until now there has been little academic discussion of this vast and protracted undertaking. This book fills that gap. It is divided into three parts. The first, on the progress of electrification, explores the timing and extent of electrification in rural England, Wales and Scotland; the second examines the effects of electrification on rural life and the rural landscape; and the third makes comparisons over space and time, looking at electrification in Canada and Sweden and comparing electrification with the current problems of rural broadband.

As power and gas markets are becoming more and more mature and globally competitive, the importance of reaching maximum potential economic efficiency is fundamental in all the sectors of the value chain, from investments selection to asset optimization, trading and sales. Optimization techniques can be used in many different fields of the energy industry, in order to reduce production and financial costs, increase sales revenues and mitigate all kinds of risks potentially affecting the economic margin. For this reason the industry has now focused its attention on the general concept of optimization and to the different techniques (mainly mathematical techniques) to reach it. Optimization Methods for Gas and Power Markets presents both theoretical elements and practical examples for solving energy optimization issues in gas and power markets. Starting with the theoretical framework and the basic business and economics of power and gas optimization, it quickly moves on to review the mathematical optimization problems inherent to the industry, and their solutions - all supported with examples from the energy sector. Coverage ranges from very long-term (and capital intensive) optimization problems such as investment valuation/diversification to asset (gas and power) optimization/hedging problems, and pure trading decisions. This book first presents the readers with various examples of optimization problems arising in power and gas markets, then deals with general optimization problems and describes the mathematical tools useful for their solution. The remainder of the book is dedicated to presenting a number of key business cases which apply the proposed techniques to concrete market problems. Topics include static asset optimization, real option evaluation, dynamic optimization of structured products like swing, virtual storage or virtual power plant contracts and optimal trading in intra-day power markets. As the book progresses, so too does the level of mathematical complexity, providing readers with an appreciation of the growing sophistication of even common problems in current market practice. Optimization Methods for Gas and Power Markets provides a valuable quantitative guide to the technicalities of optimization methodologies in gas and power markets; it is essential reading for practitioners in the energy industry and financial sector who work in trading, quantitative analysis and energy risk modeling.

For centuries, human activity has been dominated by the need to fuel human civilization. Energy is unique: no other physical resource in society has had such a wide-ranging impact on our ecosystems, economy, public health, and personal liberties. And as the era of fossil fuels stumbles to a close in the West, much of the rest of the world is still just waking up to coal. We have found ourselves on the cusp of a transition in how we get energy that is both obvious and profoundly uncertain. We must decide our next steps quickly. How can we invest responsibly now in a way that will ensure our access to clean, affordable, and reliable energy for the decades to come? In Power Trip, energy expert Michael E. Webber takes readers on a global tour of energy's role in society across many regions and several hundred years. Starting with energy's end-uses and outcomes--water, food, wealth, cities, transportation, and war--Webber uncovers the complicated relationship our civilization has both with energy and its outputs. We've stimulated entrepreneurship, innovation, and opportunity beyond our wildest dreams--but it's come at the steep cost of accelerating climate change, geopolitical insecurity, increased economic inequality, and environmental degradation. Energy has proven to be something we can't live with, and we can't live without. But, as Webber argues, with long-term thinking, global interconnection, and an emphasis on conservation, we can simultaneously solve our energy supply's significant downsides while setting ourselves up for a much brighter future.

The implications of rising greenhouse gas emissions is an issue of major public and political interest - a position reflected in the UK's 2019 legislative commitment to be "Net Zero by 2050". This Special Report explores the central themes arising from the low carbon energy transition and explains why the challenges faced in delivering Net Zero should not be underestimated. It sets out how the road to Net Zero will involve a repurposing of not only our energy system but also our own behaviour. With a focus on power generation, the report also describes how moving from 53% to 100% 'low carbon' power generation in 30 years will require investment in renewable technologies at an unprecedented level. Key questions examined in the report include: *How important is renewable technology to global and UK energy supply? Have renewable projects been successful in stabilising harmful levels of greenhouse gas emissions? *What is the Paris Agreement and Net Zero policy, where did they come from and how realistic are their goals? *What are the UK's main generation technologies? What policy drivers determine investment in renewable technology? *What new technologies will be required to deliver Net Zero? Written with both the lawyer and non-lawyer in mind, this report will appeal to those with an interest in the energy sector as well as those who are enthusiastic about the implications of the radical Net Zero ambition on the energy system as a whole.

For a growing number of countries in Africa the discovery and exploitation of natural resources is a great opportunity, but one accompanied by considerable risks. Countries dependent on oil, gas, and mining have tended to have weaker long-run growth, higher rates of poverty, and greater income inequality than less resource-abundant economies. For these resource producing economies relative prices make it more difficult to diversify into activities outside of the resource sector, limiting structural change. Mining for Change: Natural Resources and Industry in Africa presents research undertaken to understand how better management of the revenues and opportunities associated with natural resources can accelerate diversification and structural change in Africa. It begins with essays on managing the boom, the construction sector, and linking industry to the major issues that frame the question of how to use natural resources for structural change. It reports the main research results for five countries-Ghana, Mozambique, Uganda, Tanzania and Zambia. Each country study covers managing the boom, the construction sector, and linking industry to the resource. Mining for Change argues that good policy can make a difference and sets out ideas for policy change and widening the options for structural change. . An open access title available under the terms of a CC BY-NC-SA 3.0 IGO licence.

This book discusses issues of geoecological (GER) and geopolitical (GPR) risks due to hydrocarbon development of the Arctic. The authors explain the ethical and philosophical foundations of understanding environmental equity and justice in relation to the development of Arctic natural resources and consider various approaches to the moral aspects of making global management decisions in the field of environmental protection and environmental safety. Special attention is paid to analysis of modern geopolitical and geostrategic challenges to the development of the Arctic region. The monograph identifies the key geopolitical factors affecting the sustainable development of the Arctic and analyzes the similarities and differences in the geostrategic positions of the five Arctic states. The authors reveal the need to consider geopolitical challenges in the process of GER analysis for oil and gas development in the Arctic region. The book explores the intersection of the strategic interests for a number of states and describes Russia's inability to ensure environmental safety in the development of Arctic deposits. The book analyzes in detail each type of GER with an emphasis on their potential to lead to additional opportunities and threats, and assesses environmental rating as an indicator of the GER management process of Russian oil and gas companies operating in the Arctic. Although the main focus is on the Russian part of this region, many arguments and conclusions are quite applicable to the entire Arctic region. The consideration of geoecological and geopolitical aspects of the development of Arctic resources with the example of Russian oil and gas companies sheds light on the entire Arctic region, taking into account the interests of all other national and international companies involved in GER and GPR there.

The book contains select proceedings of the International Conference on Smart Grid Energy Systems and Control (SGESC 2021). The proceedings is divided into 03 volumes, and this volume focuses on power electronics, machines, systems integrations, and high voltage engineering. This book is a unique collection of chapters from different areas with a common theme and will be immensely useful to academic researchers and practitioners in the industry.

An insiders' guide to everything interested readers need to know about the ongoing consolidation of the utilities industry. Roll-Up delves into the rich history of utilities consolidation-from the original, highly fragmented US industry structure, through the development of industry views on consolidation and participation, to the drivers and events occurring in the cycles of the modern era. Roll-Up also explores the changing motivations for combinations, the hands-on perspectives of successful transactions, and gives a glimpse into what could happen next for utility mergers and acquisitions. Expert utilities consultant Tom Flaherty interviewed twelve current or former chief executive officers, investment bankers, attorneys, and ratings analysts who provided introspection and commentary on their experiences with consolidation in the modern era from 1995-2020. These notable individuals made the tough decisions about whether to pursue a transaction, and they provided constant advice to management, crafted merger agreements, and evaluated the logic of transactions and the potential for successful outcomes. From deal execution to the current nature of business simplification and portfolio rationalization, Roll-Up covers the past and present of utilities consolidation and looks over the horizon at how future transactions might evolve beyond those seen today.

Thought leaders and experts offer the most current information and insights into energy finance

"Energy Finance" offers the most up-to-date information and compelling insights into the finance and economics of energy. With contributions from today's thought leaders who are experts in various areas of energy finance and economics, the book provides an overview of the energy industry and addresses issues concerning energy finance and economics.

The book focuses on a range of topics including corporate finance relevant to the oil and gas industry as well as addressing issues of unconventional, renewable, and alternative energy.A timely compendium of information and insights centering on topics related to energy financeWritten by Betty and Russell Simkins, two experts on the topic of the economics of energyCovers special issues related to energy finance such as hybrid cars, energy hedging, and other timely topics

In one handy resource, the editors have collected the best-thinking on energy finance.

What went wrong with American business at the end of the 20th century? Until the spring of 2001, Enron epitomized the triumph of the New Economy. Feared by rivals, worshipped by investors, Enron seemingly could do no wrong. Its profits rose every year; its stock price surged ever upward; its leaders were hailed as visionaries. Then a young Fortune writer, Bethany McLean, wrote an article posing a simple question - how, exactly, does Enron make its money? Within a year Enron was facing humiliation and bankruptcy, the largest in US history, which caused Americans to lose faith in a system that rewarded top insiders with millions of dollars, while small investors lost everything. It was revealed that Enron was a company whose business was an illusion, an illusion that Wall Street was willing to accept even though they knew what the real truth was. This book - fully updated for the paperback - tells the extraordinary story of Enron's fall.

Energy Fables: Challenging Ideas in the Energy Sector takes a fresh look at key terms and concepts around which energy research and policy are organised. Drawing on recent research in energy and transport studies, and combining this with concepts from sociology, economics, social theory and technology studies, the chapters in this collection review and challenge different aspects of received wisdom. Brief but critical introductions to classic notions like those of 'energy efficiency', 'elasticity', 'energy services' and the 'energy trilemma', together with discussions and analyses of well-worn phrases about 'low hanging fruit' and 'keeping the lights on', articulate aspects of the energy debate that are often taken for granted. In re-working these established themes and adding twists to familiar tales, the authors develop a repertoire of new ideas about the fundamentals of energy demand and carbon reduction. This book presents a valuable and thought-provoking resource for students, researchers and policy-makers interested in energy demand, politics and policy.

The Covid-19 pandemic is a repeating biophysical shock yet one for which our current socio-economic structure was not prepared. Climate change, scarcity, depletion of natural resources, and the inevitable transition to renewable energy are one time events. Taken together, they present an existential threat to human society. This book is a guide to navigating these megatrends, which confront us now but whose consequences will unfold over decades. By presenting clear options on the path to a renewable energy future, this book gives readers a broad perspective as well as detailed, well-illustrated examples to weigh in making decisions which will secure stability and prosperity for their families, their communities and their nations.

Examining local content law and policy in the oil and gas industry, this book uses Nigeria as a primary case study, comparing its approach to countries such as Brazil and Norway which have also adopted local content laws in relation to their gas and oil industries. In considering various aspects of local content law and policy as they apply to the oil and gas industry, the book examines the factors behind the formulation of local content policies by petroleum producing states, and the various strategies they have employed to implement them. It analyses arguments against local content requirements from the perspective of international trade and investment law, and from liberal market economic theorists, who argue against its overall usefulness. The book highlights salient aspects of the oil and gas industry such as regulation, national oil companies, treatment of minorities, and policy formulation and implementation.

For 200 years industrial civilization has relied on the combustion of abundant and cheap carbon fuels. But continued reliance has had perilous consequences. On the one hand there is the insecurity of relying on the world's most unstable region - the Middle East - compounded by the imminence of peak oil, growing scarcity and mounting prices. On the other, the potentially cataclysmic consequences of continuing to burn fossil fuels, as the evidence of accelerating climate change shows. Yet there is a solution: to make the transition to renewable sources of energy and distributed, decentralized energy generation. It is a model that has been proven, technologically, commercially and politically, as Scheer comprehensively demonstrates here. The alternative of a return to nuclear power - again being widely advocated - he shows to be compromised and illusory. The advantages of renewable energy are so clear and so overwhelming that resistance to them needs diagnosis - which Scheer also provides, showing why and how entrenched interests and one-dimensional structures of thinking oppose the transition, and what must be done to overcome these obstacles. The new book from the award-winning author of THE SOLAR ECONOMY and A SOLAR MANIFESTO demonstrates why the transition to renewable energy is essential and how it can be done.

High energy prices affect nearly the whole of the American population, arguably affecting some consumer groups more than others. Although originally published in 1981, the issues explored in this study such as who is affected most by energy price increases, regional differences and what can or should be done in the United States in regards to energy costs are still as relevant today as they were then. These papers attempt to directly address these concerns in the wake of the 1979-80 price shock in America and to advise what action can be taken to allay these concerns. This title will be of interest to students of environmental studies and economics.