The petroleum sector is possibly the largest and most dominant economic sector in the globalized economy. However, for reasons explored in this book, although none of the existing economic development models fit this sector in the past and apply even less today, no satisfactory alternative has presented itself. This book highlights the important reasons why current models fail to predict energy pricing with reasonable accuracy, and ventures into environmental and other problems with oil and gas production and associated economic decisions mounting across both developed as well as developing economies.

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.

The UK has pioneered the introduction of competition into previously monopolistic utility industries. Competition has been introduced progressively, starting with BT, and continuing with the gas and electricity industries, where it is to be completed during 1998. In water, competition has so far been restricted to new developments, and it is said that it will be phased in once the initial franchises expire. These radical policy innovations have been controversial, and raise significant generic problems concerned with market design, regulation, corporate strategy and income distribution. The lessons from the UK provide an essential input into liberalization throughout the world, as well as helping to shape the transitional arrangements already in place in the UK. This volume brings together independent experts with the specialist regulators to provide a comprehensive analysis of the issues. The common themes are drawn together in the introduction. The volume will be essential reading for utility companies, regulators, politicians and policy advisors.

These standards offer guidelines that apply to the physical security of facilities with potable water source, treatment, and distribution systems, as well as with wastewater collection and treatment systems and storm watersystems. Taken together, these standards can provide direction for utilties as they design or retrofit their infrastructure to ensure the physical security of water and wastewater/stormwater systems. Recommendations include the use of physical and electronic security measures to protect against various design-basis threats that could otherwise defeat the mission of the utility. Other considerations for utilities applying specific security technologies and methods is included. Additional physical security for water and wastewater/stormwater facilities is beneficial for continuity of business, protection of water quality, provision of sufficient water quantity, ensuring public confidence, and protection of public health and safety. These new standard guidelines, based on draft guidelines prepared by ASCE and the American Water Works Association, with technical input from the Water Environment Federation, will be valuable to anyone involved with the physical security of water and/or wastewater/stormwater utilities.

Energy plays a vital role in economic and social development. The analysis of energy issues and policy options is therefore a vital area of study. This book presents a hierarchical modelling scheme intended to support energy planning and policy analysis in developing countries. The authors introduce the concept of 'Integrated National energy Planning' (INEP), and examine the spreadsheet models, optimization models, and linear planning models which energy planners use. Environmental considerations are also introduced into the analysis. Techniques are then applied to two important energy subsectors, electricity and fuelwood, before problems of integration and policy implementation are discussed. Throughout the book, the authors examine actual practice in developing countries. Illustrative case material is drawn from Egypt, West Africa, Sudan, Pakistan, Colombia, India, Sri Lanka and Morocco. This book will be of interest to students and practitioners of energy planning, and to those concerned with the wider development implications of energy policy.

This book covers the new Strategic intent of nations to secure energy resources for themselves. This concept implies how nations judicially optimize the basket of energy resources and their secure supplies for a foreseeable future so that the wheels of their economy keep on running smoothly. This looks into various international treaties, secure reserves and development of strategic reserves.

This book covers the entire gamut of trading of energy which is comparatively a new phenomenon. Today across economy and globe, energy is become a tradable resource. This book covers in great detail the trading processes of oil and gas, power, and emissions (under Clean Development Mechanism). It also provides insights into the key concepts of risk management. The widely prevalent trade flows among various regions and economies are also presented in this book.

Understanding the history of energy and its evolving place of energy in society is essential to face the changing future of energy production. Across North and South America, national and localized understandings of energy as a common, public, or market good have influenced the development of energy industries. Energy in the Americas brings the diverse energy histories of North and South American nations into dialogue with one another, presenting an integrated hemispheric framework for understanding the historical constructions of contemporary debates on the role of energy in society. Rejecting pat truisms, this collection historicizes the experiences of producers and policymakers and assesses the interplay between environmental, technological, political, and ideological influences within and between countries and continents. Breaking down assumptions about the evolution of national energy histories, Energy in the Americas broadens and opens the conversation. De-emphasizing traditional focus on national peculiarities, it favours an international, integrated approach that brings together the work of established and emerging scholars. This is an essential step in understanding the circumstances that have created current energy policy and practice, and the historical narratives that underpin how energy production is conceptualized and understood.

This 1989 book provides a nontechnical analysis of present and future energy resources and their potential development to meet future demand. The prevailing impression in popular discussion of future energy supply is that a crisis will occur, sooner or later, owing to the exhaustion of present resources. This informative and thought-provoking book demonstrates that sufficient resources are available to meet all energy needs for the foreseeable future. However, this does not remove the threat of an energy-supply crisis. What is lacking - the missing resource - is the knowledge of how to use these resources in a practical and environmentally acceptable manner. The author argues that long-term technical development will be necessary to ensure future energy sufficiency and that international cooperation on technical research, environmental impact, and energy use is needed now to prevent a succession of energy crises in the future. All those involved with energy in a technical, business, or governmental policy capacity will find book essential and rewarding reading.

This 1989 book provides a nontechnical analysis of present and future energy resources and their potential development to meet future demand. The prevailing impression in popular discussion of future energy supply is that a crisis will occur, sooner or later, owing to the exhaustion of present resources. This informative and thought-provoking book demonstrates that sufficient resources are available to meet all energy needs for the foreseeable future. However, this does not remove the threat of an energy-supply crisis. What is lacking - the missing resource - is the knowledge of how to use these resources in a practical and environmentally acceptable manner. The author argues that long-term technical development will be necessary to ensure future energy sufficiency and that international cooperation on technical research, environmental impact, and energy use is needed now to prevent a succession of energy crises in the future. All those involved with energy in a technical, business, or governmental policy capacity will find book essential and rewarding reading.

Resource depletion and population pressures are about to catch up with us, and no one is prepared. Oil is running out and, if the Western world continues with its current policies, the next decades will likely be marked by war, economic collapse, and environmental catastrophe. The political elites, especially in the US, have shown themselves to be unwilling to deal with the situation, and have in mind a punishing game of 'Last One Standing'. There are alternatives. A 'Powerdown' strategy, for example, would aim to reduce per-capita resource usage in wealthy countries, develop alternative energy sources, distribute resources more equitably, and reduce the human population humanely but systematically over time. It could save us, but will require tremendous effort and economic sacrifice."Powerdown" speaks frankly to these dilemmas. Avoiding cynicism and despair, it begins with an overview of the likely impacts of oil and natural gas depletion and then outlines four options for industrial societies during the next decades: Last One Standing: the path of competition for remaining resources; Powerdown: the path of cooperation, conservation, and sharing; Waiting for a Magic Elixir: wishful thinking, false hopes, and denial; and, Building Lifeboats: the path of community solidarity and preservation. Finally, the book explores how three important groups within global society - the power elites, the organized opposition to the elites (the 'activist' movements), and ordinary people - are likely to respond to these four options. Timely, accessible and eloquent, "Powerdown" is clarion call to urgent action.

The mining industry continues to be at the forefront of colonial dispossession around the world. It controls information about its intrinsic costs and benefits, propagates myths about its contribution to the economy, shapes government policy and regulation, and deals ruthlessly with its opponents. Brimming with case studies, anecdotes, resources, and illustrations, Unearthing Justice exposes the mining process and its externalized impacts on the environment, Indigenous Peoples, communities, workers, and governments. But, most importantly, the book shows how people are fighting back. Whether it is to stop a mine before it starts, to get an abandoned mine cleaned up, to change laws and policy, or to mount a campaign to influence investors, Unearthing Justice is an essential handbook for anyone trying to protect the places and people they love.

After the discovery of oil in the 1930s, the Gulf monarchies—Saudi Arabia, Kuwait, Qatar, the United Arab Emirates, Oman, and Bahrain—went from being among the world’s poorest and most isolated places to some of its most ostentatiously wealthy. To maintain support, the ruling sheikhs provide their subjects with boundless cheap energy, unwittingly leading to some of the highest consumption rates on earth. Today, as summertime temperatures set new records, the Gulf’s rulers find themselves caught in a dilemma: can they curb their profligacy without jeopardizing the survival of some of the world’s last absolute monarchies? In Energy Kingdoms, Jim Krane takes readers inside these monarchies to consider their conundrum. He traces the history of the Gulf states’ energy use and policies, looking in particular at how energy subsidies have distorted demand. Oil exports are the lifeblood of their political-economic systems—and the basis of their strategic importance—but domestic consumption has begun eating into exports while climate change threatens to render their desert region uninhabitable. At risk are the sheikhdoms’ way of life, their relations with their Western protectors, and their political stability in a chaotic region. Backed by rich fieldwork and deep knowledge of the region, Krane expertly lays out the hard choices that Gulf leaders face to keep their states viable.

In February 1968, the rumors became reality: An ARCO drilling rig has struck oil -- lots of oil -- on Alaska's remote North Slope. Jack Roderick's story of oil and politics in Alaska reads like a novel as he tells of the risky, expensive, and mostly frustrating search for oil across the Northland. Oil companies watch one another jealously. Small independents and the new state struggle to share in the action dominated by huge multi-national oil companies. Gov. Bill Egan, the shy grocer from Valdez, stands up to the industry, seeking the largest possible share of oil revenues for Alaskans.

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.

Introduces a bold, new model for energy industry pollution prevention and sustainable growth Balancing industrial pollution prevention with economic growth is one of the knottiest problems faced by industry today. This book introduces a novel approach to using data envelopment analysis (DEA) as a powerful tool for achieving that balance in the energy industries the world s largest producers of greenhouse gases. It describes a rigorous framework that integrates elements of the social sciences, corporate strategy, regional economics, energy economics, and environmental policy, and delivers a methodology and a set of strategies for promoting green innovation while solving key managerial challenges to greenhouse gas reduction and business growth. In writing this book the authors have drawn upon their pioneering work and considerable experience in the field to develop an unconventional, holistic approach to using DEA to assess key aspects of sustainability development. The book is divided into two sections, the first of which lays out a conventional framework of DEA as the basis for new research directions. In the second section, the authors delve into conceptual and methodological extensions of conventional DEA for solving problems of environmental assessment in all contemporary energy industry sectors. * Introduces a powerful new approach to using DEA to achieve pollution prevention, sustainability, and business growth * Covers the fundamentals of DEA, including theory, statistical models, and practical issues of conventional applications of DEA * Explores new statistical modeling strategies and explores their economic and business implications * Examines applications of DEA to environmental analysis across the complete range of energy industries, including coal, petroleum, shale gas, nuclear energy, renewables, and more * Summarizes important studies and nearly 800 peer reviewed articles on energy, the environment, and sustainability Environmental Assessment on Energy and Sustainability by Data Envelopment Analysis is must-reading for researchers, academics, graduate students, and practitioners in the energy industries, as well as government officials and policymakers tasked with regulating the environmental impacts of industrial pollution.

Utilities Reform in 21st Century Australia: Providing the Essentials traces the development and consequences of the economic reform measures undertaken in the utilities sector in Australia (communications, energy, water/wastewater services, and transport) in the last years of the 20th century, and early decades of the 21st century. In doing so, it looks at the process of reform across industries, and across the state and federal jurisdictions, to identify what motivations the various governments had for pursing reform, how change varied across jurisdictions, and what issues arose in the process. Although by the mid-1990s all states and territories and the Australian Government were committed to reforming utilities as part of the National Competition Policy, not all pursued this reform with the same degree of speed and breadth of action. The broad trends of economic reform in Australia, and abroad, are also touched upon, to provide an outline of the wider context in which the reform of the utilities occurred. This book, therefore, explores the relationship between politics and society on the one hand and economic reform on the other; as well on as the efforts of governments in Australia to promote economic growth and the wealth of Australians in an increasingly complex and challenging global economic climate.

"Power to the People" examines the varied but interconnected relationships between energy consumption and economic development in Europe over the last five centuries. It describes how the traditional energy economy of medieval and early modern Europe was marked by stable or falling per capita energy consumption, and how the First Industrial Revolution in the eighteenth century--fueled by coal and steam engines--redrew the economic, social, and geopolitical map of Europe and the world. The Second Industrial Revolution continued this energy expansion and social transformation through the use of oil and electricity, but after 1970 Europe entered a new stage in which energy consumption has stabilized. This book challenges the view that the outsourcing of heavy industry overseas is the cause, arguing that a Third Industrial Revolution driven by new information and communication technologies has played a major stabilizing role.

"Power to the People" offers new perspectives on the challenges posed today by climate change and peak oil, demonstrating that although the path of modern economic development has vastly increased our energy use, it has not been a story of ever-rising and continuous consumption. The book sheds light on the often lengthy and complex changes needed for new energy systems to emerge, the role of energy resources in economic growth, and the importance of energy efficiency in promoting growth and reducing future energy demand.

Security of Energy supply is a major concern for all modern societies, intensified by skyrocketing demand in India and China and increasing international competition over fossil fuel deposits. "Energy Security: An Interdisciplinary Approach" gives A comparative analysis from both consumers' and producers' perspectives. It uniquely combines economics, geology, international relations, business, history, public management and political science, in one comprehensive volume, highlighting the vulnerabilities and need to move to more sustainable energy sources.

The author provides a number of useful case studies to demonstrate the theory, including perspectives from consuming regions such as the United States, the European Union, and China, and from exporting regions; the Middle East, Africa, Russia and the Caspian Sea.

Key features include: coverage on theoretical and empirical frameworks so readers are able to analyse concepts relevant to new laws and policies in energy securityup-to-date coverage on 'green energy', outlining research on the balance between meeting energy needs and avoiding polluting the environmentan examination of the three most prominent international energy organizations; International Energy Agency, International Energy Forum, and Organization of Petroleum Exporting Countries a full Glossary listing all important terms used in the energy field

This study holds important information for policymakers, politicians, energy specialists, scientists and post-graduate and final year students of energy and international relations. With its clear written style, it will also engage other professionals who are interested in international political economy and the future of global energy.