This paper investigates different Russian natural gas export disruptions scenarios and analyses short- and long-term reactions to ensure a sufficient supply of natural gas within Europe…
This IEA report provides an overview of the most recent oil and natural gas emergency policy reviews of the 29 IEA member countries, as well as those of key partners such as Chile, China, India and ASEAN.
Intermittent renewable energy sources, including solar and wind power, typically remain more expensive than conventional power sources…
Electricity shortages can paralyse our modern economies. All governments fear rolling black-outs and their economic consequences, especially in economies increasingly based on digital technologies. Over the last two decades, the development of markets for power has produced cost reduction, technological innovation, increased cross border trade and assured a steady supply of electricity. Now, IEA countries face the challenge of maintaining security of electricity supply during the transition to low-carbon economies…
This report analyzes and assesses the benefits and risks of an increase in short-term contracts across the entire value chain in the EU gas market, with a particular focus on the impact of an increase in short-term contracts on security of supply and competition…
This contribution discusses the policy-induced diffusion dynamics of environmental innovations.
Four years after the gas supply crisis of January 2009, this paper looks at the market and policy changes that have changed the European gas situation, and their implications in terms of security of supply. Several positive developments are identified, including the byapssing of Ukraine by Gazprom-sponsored pipelines; the acceleration of import diversification in large markets of western Europe; the process of ‘commoditisation’ of natural gas in northwest Europe…
Continuity of energy supplies is a central aspect of concerns about energy security. Although the continuity of supplies can be influenced by a large number of risks, most models only analyse a small subset of risk sources and often neglect interdependencies between them. In this paper we introduce a probabilistic time-series model that quantifies the impact of inter-dependent natural, technical and human risk sources on energy supply continuity…
Chris Le Fevre’s paper provides a thorough and comprehensive review of gas storage in Great Britain covering the practicalities of storage, the evolution of the UK storage sector and the attendant debate on security of supply.
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?
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…
The purpose of this EPRG paper is to estimate the cost of policy measures to improve the Baltic States’ gas supply security.
A report on the Workshop organized by CIEP in The Hague on 7‐8 July 2011
This study challenges the assumption of UK government policy papers and projections that, as a result of substantial increases in renewable and other low carbon generation capacity, the role of gas in the will decline rapidly over the next decade and beyond
New Economics Papers Energy Economics (REPEC)
