Energy Security And Natural Gas Markets In Europe
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Energy Security And Natural Gas Markets In Europe
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Author : Tim Boersma
language : en
Publisher: Routledge
Release Date : 2015-08-27
Energy Security And Natural Gas Markets In Europe written by Tim Boersma and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-08-27 with Business & Economics categories.
Moving beyond most conventional thinking about energy security in Europe which revolves around stability of supplies and the reliability of suppliers, this book presents the history of European policy-making regarding energy resources, including recent controversies about shale gas and fracking. Using the United States as a benchmark, the author tests the hypothesis that EU energy security is at risk primarily because of a lack of market integration and cooperation between member states. This lack of integration still prohibits natural gas to flow freely throughout the continent, which makes parts of Europe vulnerable in case of supply disruptions. The book demonstrates that the EU gas market has been developing at different speeds, leaving the Northwest of the continent reasonably well integrated, with sufficient trade and liquidity and different supplies, whereas other parts are less developed. In these parts of Europe there is a structural lack of investments in infrastructure, interconnectors, reverse flow options and storage facilities. Thus, even though substantial progress has been made in parts of the EU, single source dependency often prevails, leaving the relevant member states vulnerable to market power abuse. Detailed comparisons are made of the situations in the Netherlands and Poland, and of energy policy in the USA. The book dismantles some of the existing assumptions about the concept of energy security, and touches upon the level of rhetoric that features in most energy security and policy debates in Europe.
Long Term Energy Security Risks For Europe
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Author : Arianna Checchi
language : en
Publisher: CEPS
Release Date : 2009
Long Term Energy Security Risks For Europe written by Arianna Checchi and has been published by CEPS this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009 with Energy policy categories.
The aim of the paper is to identify and evaluate existing and potential EU energy supply risks on the basis of a sector-specific approach. Moving away from common generalisations on security of energy supply as well as from those studies that focus only on one sector, it brings together all types of fuel and analyses the risks related to each of them. The result is a comprehensive picture of the energy security challenges faced by the EU in the long-term. The paper can be seen as a tool to avoid overlapping, incoherence and contradictions in the process of assessing security of supply and aims to formulate a consistent and more unified European energy policy.
Building Competitive Gas Markets In The Eu
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Author : Jean-Michel Glachant
language : en
Publisher: Edward Elgar Publishing
Release Date : 2013-01-01
Building Competitive Gas Markets In The Eu written by Jean-Michel Glachant and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-01-01 with Business & Economics categories.
This highly unique book focuses on market design issues common to most EU gas markets, particularly in the context of closer integration. It explores in detail the characteristics and requirements of national gas markets in Europe, which are constructed as virtual hubs based on entry/exit schemes as a requirement of European law. The expert contributors analyse gas supply and demand patterns in the EU, showing that both have changed following the introduction of liquefied natural gas on the supply side and the growth of gas-fired power plants on the demand side. The repeated interactions between the transmission operators activity and the gas commodity markets are addressed, as is the design of commercial networks in EU markets. The contributors also question whether the relationship between commercial and physical networks, in terms of the new flexibility requirements of users, actually works. By way of conclusion, two proposals for the EU gas target model are presented, both of which tackle the fundamental issues raised in this book, as well as the organization of short-term transactions and the mechanisms for investment in vital new long-life infrastructure needed to integrate EU markets. This volume will be of great interest to practitioners, as well as academics, researchers and students in the fields of energy economics and industrial economics. Both European and non-European energy companies and regulatory authorities looking for an independent and analytical overview of European gas markets will also find this book to be a highly valuable resource.
Security Of Energy Supply In Europe
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Author : Julian Barquin
language : en
Publisher: Edward Elgar Publishing
Release Date : 2010-01-01
Security Of Energy Supply In Europe written by Julian Barquin and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-01-01 with Technology & Engineering categories.
In economic, technical and political terms, the security of energy supply is of the utmost importance for Europe. Alongside competition and sustainability, supply security represents a cornerstone of the EU s energy policy, and in times of rising geopolitical conflict plays an increasingly important role in its external relations. Within this context, the contributors analyse and explore the natural gas, nuclear, and hydrogen energy sectors, which will be of critical significance for the future of energy supplies in Europe. The book opens with an extensive exploration of the very definition of supply security and moves beyond sector-specific debates to highlight the political sensitivity surrounding energy security. The expert contributors apply a policy perspective, underpinned by theoretical discussion, to economic analysis in order to yield policy-relevant conclusions. They illustrate that the EU lacks a coherent transnational energy policy, that national energy policies fail to match EU goals and that, ultimately, sustainable energy policies, more competition, and better regulation will improve global welfare. Academics and EU policymakers both at national and international levels will find that the topical policy recommendations, extensive overview of supply security, and detailed perspectives on the natural gas, nuclear and hydrogen sectors presented herewith constitute an invaluable reference and research tool.
Eu Energy Security In The Gas Sector
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Author : Filippos Proedrou
language : en
Publisher: Routledge
Release Date : 2016-04-22
Eu Energy Security In The Gas Sector written by Filippos Proedrou and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-04-22 with Business & Economics categories.
This book fills an important gap in the literature on energy security in the gas sector in the European Union. Whilst the emphasis is often on energy security in the oil sector, the gas sector has grown in importance in recent decades, with increasing liberalization raising critical questions for the security of gas supplies. The share of gas in Europe's energy mix is rising and the differences between the politics and economics of gas and oil supply are becoming more pronounced. The author sheds light on the state of EU energy security in the gas sector, its interdependence with external suppliers and the current gas strategy. He examines the role of energy companies, EU member-states and EU institutions, locates the main developments in the gas sector and focuses on the principal challenges posed by such fundamental changes. The author scrutinizes the EU's relations with its main gas supplier, Russia, as well as with alternative suppliers, elaborates on the key infrastructure projects on the table and their principal ramifications, and discusses the main policies that member-states pursue to achieve energy security as well as the EU's internal contradictions. The book concludes with policy recommendations, particularly in the light of tougher environmental regulation.
Eurasian Energy Security
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Author : Jeffrey Mankoff
language : en
Publisher: Council on Foreign Relations
Release Date : 2009
Eurasian Energy Security written by Jeffrey Mankoff and has been published by Council on Foreign Relations this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009 with Business & Economics categories.
This Council Special Report explores the challenges faced by consumer and supplier alike in Europe and Eurasia. It looks at Russia's rise as an energy power, analyzing its control of supplies and delivery systems and its investments in energy infrastructure across Europe, as well as questions about the potential of its production. The report also examines Europe's difficulties in forging a common policy on energy supply and recommends a two-pronged strategy of integration and diversification. It urges Europe to integrate both internally -- developing a single EU gas market -- and externally -- tying Russia's energy sector to Europe and its more transparent regulations. It also recommends that Europe seek new sources of energy from both non-Russian suppliers and non-fossil fuels.
Energy Security In Europe
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Author : Kacper Szulecki
language : en
Publisher: Springer
Release Date : 2017-10-13
Energy Security In Europe written by Kacper Szulecki and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-10-13 with Political Science categories.
This edited collection highlights the different meanings that have been attached to the notion of energy security and how it is taken to refer to different objects. Official policy definitions of energy security are broadly similar across countries and emphasize the reliability and affordability of access to sufficient energy resources for a community to uphold its normal economic and social functions. However, perceptions of energy security vary between states causing different actions to be taken, both in international relations and in domestic politics. Energy Security in Europe moves the policy debates on energy security beyond a consideration of its seemingly objective nature. It also provides a series of contributions that shed light on the conditions under which similar material factors are met with very different energy security policies and divergent discourses across Europe. Furthermore, it problematizes established notions prevalent in energy security studies, such as whether energy security is ‘geopolitical’, and an element of high politics, or purely ‘economic’, and should be left for the markets to regulate. This book will be of particular relevance to students and academics in the fields of energy studies and political science seeking to understand the divergence in perspectives and understandings of energy security challenges between EU member states and in multilateral relationships between the EU as a whole.
The New Politics Of Energy Security In The European Union And Beyond
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Author : Andrea Prontera
language : en
Publisher: Routledge
Release Date : 2017-05-18
The New Politics Of Energy Security In The European Union And Beyond written by Andrea Prontera and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-05-18 with Political Science categories.
Combining theoretical reflections and empirical insights from paradigmatic case studies in the area of external energy governance, pipeline politics, Liquefied Natural Gas development and offshore petroleum policy and politics, this ground-breaking study demonstrates that a distinctive and new politics of energy security is definitively emerging in the European Union. Innovative not only in regard to the case studies presented (which include the Caspian region, the Baltic, Mediterrean countries, Central Asia and EU-Russia relations), but also in regard to the analytical framework adopted – an International Political Economy approach informed by an historical institutional perspective – the book challenges the common view of the ‘de-politicisation’ of energy security supported by the mainstream market approach and the power politics and ‘zero-sum game’ view supported by the geopolitical perspective. This book places the study of EU energy politics in the broader, evolving context of global energy markets and explores the complex interactions between EU and national political dynamics and between energy security and environmental concerns at the local level.
The Globalization Of Natural Gas Markets
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Author : Manfred Hafner
language : en
Publisher: Edward Elgar Publishing
Release Date : 2013
The Globalization Of Natural Gas Markets written by Manfred Hafner and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013 with Energy policy categories.
Over the last decades, the European gas industry has experienced extraordinary success. A strongly interconnected network of gas pipelines has been developed inside and around Europe, and the liquefied natural gas (LNG) trade has also expanded rapidly. However, the European gas industry is now facing a number of new challenges and opportunities, related to both its demand and supply sides. On the demand side, the ambitious EU de-carbonization targets have led to an unprecedented uncertainty of the EU future gas demand. In fact, the implementation of a climate-based energy policy in Europe challenges the role of natural gas in the long-term European energy mix. Also, natural gas could play an important and cost effective role in the transition towards a low carbon economy. On the supply side, new natural gas supplies are emerging around the world, mainly because of an increase in the global LNG supply and the shale gas revolution in the US. This unprecedented shift in the supply/demand balance is creating new dynamics also in the European gas industry, regarding both the EU security of gas supply architecture and the EU gas pricing mechanism. This book provides a comprehensive analysis of all these challenges and opportunities affecting the European gas industry, providing a clear snapshot of a market characterized by growing uncertainty and volatility. (Series: European Energy Studies - Vol. 6)
Politics Markets And Eu Gas Supply Security
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Author : Sandu-Daniel Kopp
language : en
Publisher: Springer
Release Date : 2015-01-30
Politics Markets And Eu Gas Supply Security written by Sandu-Daniel Kopp and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-01-30 with Business & Economics categories.
Sandu-Daniel Kopp investigates whether carbon reduction targets are compatible with market-driven competition in gas (and power) industries, and whether security of supply is compatible with competitive markets. He examines the policy trade-offs which need to be made between the three different elements, and whether these policy judgements should be economically or politically based. The analysis shows the need for a complex set of politically determined options to protect (competitive) markets from price risks and emergency events and demonstrates that this has thus far failed the policy test. Overall, the author argues that the three major elements of EU energy policy are incompatible in important respects and thereby challenges much of the conventional wisdom of EU and Member State policies of the past decade.