The IEA report presents up to date, authoritative projections of energy trends through to 2035 and insights into what they mean for energy security, environmental sustainability and economic development. Oil, natural gas, coal, electricity from nuclear generation and all other sources, all aspects of renewables, and energy and climate change are all covered.
Gas accounts for around 25 per cent of global energy demand, and international gas trade is growing rapidly. The first chapter of this book examines some of the analytical issues and the contribution that economic theory can make to the study of international gas pricing. This is followed by an historical chapter…
This article develops a novel theory of energy governance and uses it to assess how institutional innovation can help meet critical challenges emerging from rapid technological change
Smart grids are considered important building blocks of a future energy system that facilitates integration of massive distributed energy resources like gas-fired cogeneration (CHP). The latter produces thermal and electric power together and as such reinforces the interaction between the gas and electricity-distribution systems…
In the midst of a shortage of natural gas, Abu Dhabi has launched an investment into renewable energy. Why? Will renewables allow the Persian Gulf sheikhdom to meet rising electricity demand without simultaneous increases in conventional power?…
China and Russia are giant countries whose recent economic and energy experience could hardly be more different: in the one, unprecedentedly rapid industrialisation has sent its share of world primary energy consumption soaring from 7 to 20 percent since 1985 (overtaking the USA); in the other the collapse of centrally planned industry has reduced its share from 11 to 6 percent during the same period. China has tried to exploit its modest energy endowments sparingly, while forging a world-wide supply structure that prevents it from being deprived of the imports its economy needs. Russia meanwhile has become a major oil and gas exporter, possessing more than 20 percent of the world’s gas reserves, part of which it is eager to sell to China. Inevitably, therefore, energy is at the centre of relations between these two countries…
This OIES paper addresses the issue of the challenges in establishing Carbon Capture and Sequestration at a commercial scale in the power generation sector, especially as this has been repeatedly proposed as a key policy in furtherance of CO2 emission abatement in the last decade.
Will cheap natural gas give us an opportunity to reduce emissions while inventing new technologies? Or will we simply become addicted to another fossil fuel?…
Is the EU on the right track to meet its stated objective – a true European energy security policy? Is the current architecture on which the EU gas security of supply policy is built able to deliver those responses needed in order to meet the growing risks and changing realities EU gas security faces? How should European institutions and regulation adapt and respond? What tools are available to secure gas supply?
This OIES paper analyses the political economy of domestic pricing in gas-rich developing countries in the Middle East and Africa, and chronicles the pricing mechanisms in the main export and import contracts in these regions, helping assess the disconnect between domestic prices and international prices and its implications for gas use in these regions.
This paper proposes a framework for assessing the merits of allowing LNG exports along six dimensions: macroeconomic (including output, jobs, and balance of trade), distributional, oil security, climate change, foreign and trade policy, and local environment
Natural gas is poised to enter a golden age, but this future hinges critically on the successful development of the world’s vast unconventional gas resources. North American experience shows unconventional gas – notably shale gas – can be exploited economically. Many countries are lining up to emulate this success. But some governments are hesitant, or even actively opposed. They are responding to public concerns that production might involve unacceptable environmental and social damage. This report treats these aspirations and anxieties with equal seriousness…
This report explores how the rapidly changing Arctic environment is creating both opportunities and risks for businesses operating in Arctic region
The Energy Roadmap 2050 released by the Commission in December 2011 says it all: we will need more gas until 2030. Gas represents the default solution for a transition to an energy system with less GHG emissions. It also has great value as a back up for intermittent renewable power generation. Therefore, stating that Europe still needs large quantities of gas means checking if supply volumes are available to satisfy growing demand…
This OIES Comment argues that the supposed supply “crisis” was not caused by any production shortfall in Russia but by a combination of inadequate storage available to Gazprom, excess gas withdrawal by Ukraine and in particular by political considerations in Russia ahead of the Presidential election in early March…
New Economics Papers Energy Economics (REPEC)
