scholarly journals THE IMPACT OF AZERBAIJAN-TURKMENISTAN ENERGY COOPERATION ON THE CASPIAN ENERGY SECURITY

2021 ◽  
Vol 21 (3) ◽  
pp. 945-960
Author(s):  
Kamer KASIM
Keyword(s):  
Energy Security ◽  
Energy Cooperation ◽  
The Impact

The Role of Italy in the Development of Energy Cooperation between Kazakhstan and the EU

2015 ◽  
Author(s):  
Lyailya Nurgaliyeva
Keyword(s):  
Significant Role ◽  
Full Text ◽  
Energy Security ◽  
Oil Field ◽  
Energy Cooperation ◽  
The Eu

This paper focuses on the contribution of Italy to the development of energy cooperation between Kazakhstan and the EU, focusing on the specific case of the Kashagan oil field. I argue that Italy, as the largest importer of Kazakhstan’s oil, can play a significant role in the diversification of energy export routes from Kazakhstan and in the introduction of new European technologies. In turn, Kazakhstan can play a prominent role in ensuring the energy security of the EU, especially after the 2014 Crimea incident. I posit that recent Italy-Kazakhstan relations shows how a medium-sized power such as Italy can be important in leading a larger block of countries into a new field of investment and development.   Full text available at: https://doi.org/10.22215/rera.v9i1.244

scholarly journals Energy Security Problem amid Global Energy Transition

2021 ◽  
Vol 21 (4) ◽  
pp. 772-784
Author(s):  
Yury V. Borovsky
Keyword(s):  
Energy Security ◽  
Energy Use ◽  
Rapid Development ◽  
Energy Transition ◽  
The United States ◽  
Low Carbon ◽  
Security Threat ◽  
The Us ◽  
The Impact ◽  
The Eu

In the early 2020s the worlds transition from carbon-intensive to climate-neutral energy use has already become a discernible and a difficult-to-reverse process. With Joe Bidens election as US president, the United States have returned to the Paris Climate Agreement and have become a key driver of this process (along with the EU and China). As a result, the international community has reached a consensus on the ongoing energy transition. This process will require considerable effort and may take several decades. Nevertheless, the impact of energy transition on traditional approaches to energy security, which emerged largely as a result of the global oil crises of the 1970s and 1980s and are centered around the supply of fossil fuels, is already a relevant research topic. This problem is examined relying on the relevant terminological, theoretical and factual material. The article concludes that energy transition will ultimately undermine the carbon paradigm that has underpinned energy security policies since the 1970s. Rapid development of renewable and other low-carbon energy sources will certainly remove key energy security risks of energy importers and, possibly, allow them to achieve energy independence. However, a post-carbon era may also generate new risks. For countries that rely heavily on oil, gas and coal exports, energy transition will result in the loss of markets and revenues. It may present an energy security threat for them as well as it will require a costly and technologically complex process of the energy sector decarbonization. Some exporters, especially those with high fuel rents and insufficient financial reserves, may face serious economic and social upheavals as a result of energy transition. The EU and the US energy transition policies reflect provisions of all three fundamental international relations theoretical paradigms, including realism. This means that the EU and the US policy, aimed at promoting climate agenda, may be expected to be rather tough and aggressive. China as the third key player in energy transition is still following a liberal course; however, it may change in the future.

scholarly journals Justification of integrated environmental and economic assessment of the impact actions in the field of oil and gas extraction

2017 ◽  
Vol 8 (4) ◽  
pp. 25-30
Author(s):  
Oleksandr Matsenko ◽  
Olga Gramma
Keyword(s):  
Energy Security ◽  
Power Plants ◽  
Oil And Gas ◽  
Economic Assessment ◽  
Well Being ◽  
Petroleum Products ◽  
Primary Energy ◽  
Infrastructure Development ◽  
Military Operations ◽  
The Impact

The aim of the welfare state, in accordance with the Constitution of Ukraine is to ensure conditions for the growth of welfare of citizens. One of the major components in the well-being of civilized societies is to ensure that citizens and businesses the necessary energy. Energy development is the basis for enhancing the social and economic living standards of the population and competitiveness. The key to this goal should be a reliable, economically viable and environmentally sound needs of the population and the economy of energy products. It is important to identify the critical factors is a threat to the energy security of the national economy. The state of the energy sector of Ukraine is negatively affected by continued dependence on imports of Russian natural gas, petroleum products and fuel for power plants. Today such dependence on primary energy, including coal, has become a leverage to Ukraine on the part of the neighboring state. The loss of the fuel and energy complex, and areas for future development of hydrocarbon resources as a result of the annexation of the Crimea and the military operations in the east of the country, as well as the destruction of the oil and gas infrastructure in the Donetsk and Luhansk regions, yielded additional new factors which significantly weakened the energy security of the country. Given the instability of strategic task for Ukraine, it is vital to achieve the highest possible level to ensure the economy’s own oil and gas resources, which, to a certain extent, will contribute to energy independence and savings of foreign exchange reserves of the country, as well as infrastructure development in the industry, tax revenues, creation of additional jobs.

scholarly journals THE PARADIGM OF ECONOMIC ENERGY SECURITY BY ORIENTATION ON RENEWABLE ENERGY SOURCES

2020 ◽  
pp. 114-125
Author(s):  
Tetyana DERKACH ◽  
Denys CHEBANENKO
Keyword(s):  
Renewable Energy ◽  
National Economy ◽  
Energy Security ◽  
Renewable Energy Sources ◽  
Energy Sector ◽  
Economic Feasibility ◽  
Energy Sources ◽  
Energy Prices ◽  
Equal Distribution ◽  
The Impact

Introduction. The topic of renewable energy today is one of the most relevant and requires consideration from the point of view of all components of this process, namely economic, financial, environmental, technological, and others. The transition to renewable energy is already irreversible today since natural resources are depleted, fuel prices are the subject to significant fluctuations, and the stable growth of the national economy is ensured by energy security. The purpose. The purpose of the article is to analyze the volume of global energy consumption, to analyze the impact of the introduction of renewable energy sources on the development of the national economy, to ensure energy security with the depletion of hydrocarbon resources and a slight diversification of their suppliers. Results. Today the Ukrainian economy is the most energy-intensive. Unstable energy prices are a threat both to the global economy and to each country separately. Therefore, in the event of a decrease in the supply of traditional energy resources, the importing countries experience the greatest difficulties. The existing tendency in Ukraine to increase the consumption of traditional energy sources, combined with the absence of a targeted policy aimed at reducing the volume of environmental pollution, will lead to an increase in negative economic consequences. The advantage of renewable energy sources is their equal distribution throughout the country (with the exception of water resources). This feature leads to the formation of one of the main characteristics of power systems based on renewable energy sources, namely, their decentralization. It should be borne in mind that the world energy market is made up of state and non-state participants. Non-state participants are showing an upward trend. However, the state should have the greatest influence on the national energy sector. Renewable energy is an area that, in the Ukrainian context, depends on state support, namely economic and administrative incentives. The dynamics of the development of renewable energy should be combined with the balanced development of the fuel and energy sector in Ukraine. Conclusions. The process of development and transition to renewable energy needs a systematic approach. Both qualitative and quantitative approaches are needed to assess the transition to renewable energy. An effective strategy for the transition to the introduction of renewable energy technologies should be justified by economic feasibility. The transition from traditional energy to renewable sources should lead to energy security, which contributes to stable economic growth, political independence, and improving the quality of the environmental component.

scholarly journals BRICS Countries Energy Cooperation. Significance of the Issue

2014 ◽  
pp. 108-116
Author(s):  
M. O. Ryazanova
Keyword(s):  
Energy Security ◽  
National Interests ◽  
Member States ◽  
Energy Cooperation ◽  
Brics Countries ◽  
Economic Ties ◽  
Economic Growth Rates ◽  
Framework Energy ◽  
Financial Regulatory

The article studies one of the key spheres of BRICS framework - energy security. Given the recent decline of economic growth rates in BRICS countries, highlighting of such areas as infrastructural funding and establishing of effective international financial regulatory institutions, beneficial cooperation in energy sector despite its importance for the national interests of member states, nowadays perspectives of BRICS cooperation in energy security seem to be unclear for the leading researchers and analysts. The article contemplates the evolution of energy cooperation issue in the context of BRICS summits. Besides,proceeding from the classification of energy resources into two groups - traditional ones and eco-fuels - the analysis helps to determine potential ways of interaction within the member states taking into account bothmotivating and constraining factors. However, notwithstanding the possibility of the intergroup multilateralrelations in this sphere and overall strengthening of economic ties among the members, the BRICS energy cooperation iscurrently of bilateral and unequally developed nature, which is determined by a number of historically formed circumstances and national interests.

scholarly journals The Effect of Implementing a Feed-in Tariff in Abu Dhabi UAE

2016 ◽  
Vol 4 (2) ◽  
pp. 38
Author(s):  
Daisuke Sasaki ◽  
Gun Matsuo ◽  
Sameh El Khatib ◽  
Mikiyasu Nakayama
Keyword(s):  
Renewable Energy ◽  
Energy Security ◽  
Economic Benefits ◽  
Abu Dhabi ◽  
Levelized Cost Of Electricity ◽  
Cost Of Electricity ◽  
The World ◽  
Total Turnover ◽  
The Impact ◽  
Feed In Tariff

Although most countries in the world have been trying to introduce renewable energy into their power supplies to address issues related to the environment and energy security, the Middle East has the lowest overall renewable energy capacity in the world. However, there is currently a trend of accelerating renewable energy deployment with increased investment in the region for the purposes of improving energy security and independence and promoting long-term social and economic benefits. This study aims to examine the impact of implementing a feed-in tariff (FiT) in Abu Dhabi, United Arab Emirates. After a simulated test, it was found that the levelized cost of electricity (LCOE) and the current average unit cost of electricity were considerably divergent. That is to say, a large extra cost is incurred in order to deploy renewable energy in Abu Dhabi. In this context, the effectiveness of implementing a FiT in Abu Dhabi is confirmed. Furthermore, an estimation of the size of the renewable energy surcharge indicated that the impact of implementing a FiT would be enormous. For example, if the target rate of deploying renewable energy is set at 7%, a renewable energy surcharge equivalent to approximately one third of the total turnover of the electricity sector should be additionally imposed. It follows that the electricity rate will be raised by about thirty percent on average, unless subsidies are provided by the government.

scholarly journals Barbados towards 100% Renewable Energy: Case Scenarios for 2030 National Energy Target Plans

2021 ◽  
Vol 44 (1) ◽  
pp. 11-17
Author(s):  
Sheldon Marshall ◽  
Randy Koon Koon
Keyword(s):  
Power Generation ◽  
Renewable Energy ◽  
Energy Security ◽  
Fossil Fuel ◽  
Environmental Parameters ◽  
Small Island ◽  
Annual Growth Rate ◽  
Energy Profile ◽  
Case Scenario ◽  
The Impact

The integration of renewable energy (RE) into the overall energy mix of Caribbean nations has been increasing in recent times. The volatile nature of the carbon-based industry through fluctuations in prices of fossil fuel based-products renders it necessary to promote an aggressive energy profile transition to renewable energy, as this is crucial to energy security in these vulnerable Small Island Developing States (SIDS). The nation of Barbados has notably understood this reality and, as such, its government has endorsed the approach of 100% RE implementation by 2030. This paper explores three distinctive annual growth rate (AGR) scenarios to assess the impact on the expected power generation, economic and environmental parameters through the period of 2019-2030. Notable findings at a high case scenario for 2030 (at an AGR of 3%) projects a power generation of 1.343 Tera-watts-hour (TWh), which will displace 790,500 barrels of oil equivalent (boe), resulting in an abatement of approximately 0.95 million tons of carbon dioxide into the atmosphere.

scholarly journals Study of domestic coal-based dimethyl ether (DME) utilization to reduce LPG import

2018 ◽  
Vol 67 ◽  
pp. 01005
Author(s):  
Annisa Muliahati ◽  
Eva Fathul Karamah ◽  
Ika Kaifiah
Keyword(s):  
Dimethyl Ether ◽  
Energy Security ◽  
Production Plant ◽  
State Budget ◽  
Household Sector ◽  
Handling Cost ◽  
Shipping Cost ◽  
National Energy Security ◽  
The Government ◽  
The Impact

This study evaluates the utilization of domestic coal-based dimethyl ether (DME) to substitute 15% of the total household sector demand of LPG import projected to year 2040 and the impact to the saving of state budget. Maximum LPG-DME blending in this study is 85% - 15% weight. DME-LPG mixture price at depot will be calculated based on DME FOB price at production plant, shipping cost, mixing and handling cost. The result of the research shows that DME-LPG mixture price and the import LPG price at each depot are 391 USD/MT and 620 USD/MT at Depot Tanjung Priok, 390 USD/MT and 620 USD/MT at Depot Eretan, 396 USD/MT and 622 USD/MT at Depot Tanjung Perak, 397 USD/MT and 622 USD/MT at Depot Gresik, and 401 USD/MT and 624 USD/MT at Depot Semarang. The substitution of LPG import with domestic coal-based DME results the saving of state budget about 388 million USD (IDR 5,332 billion). It concludes that the utilization of domestic coal-based DME is economically feasible to reduce the import of LPG per metric ton (MT), obtain the saving for state budget, and help the government to decrease the dependency of import LPG to maintain the national energy security.

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