Novel Approach of Quantifying Energy Security in Terms of Economic, Environmental and Supply Risk Factors

2019 ◽  
Vol 16 (12) ◽  
pp. 4979-4984
Author(s):  
Muhammad Mutasim Billah Tufail ◽  
Jafini Azhan Bin Ibrahim ◽  
Mustakim Bin Melan

The rising global demand of energy and political instability has raised the issue of energy security more than ever before. Depleting reservoirs and environmental degradation encourage policy makers to review intended action plans for sustainable energy generation. Fluctuating oil prices and unforeseen political events has emerges a need of secure supplies policies. This study will incorporate three key integrated energy dimensions in terms of cost to evaluate the total exposure. Affordability, acceptability and availability of adequate supply are the factors to evaluate for sustainable economic growth, potential environmental harm and social stability. Energy experts and policy makers around the globe are looking for the effective tool to measure the impact of supply disruption on energy generation process. High level of security incurred extra cost; However opportunity loss due to supply disruption has never been evaluated in terms of monitory unit. This study will focus on the evaluation of potential loss cause due to unavailability of supplies for power generation system. Holistic approach will be applied to measure the combine impact of fuels specifically used in power generation process. Besides the traditional approach of unit power generation cost this paper encompasses other cost parameters which indirectly affects the cost of generation in the form of carbon tax penalty and the excessive cost of secure and reliable power generation resources.

2021 ◽  
Vol 7 (3) ◽  
Author(s):  
Shakib Hassan Eon ◽  
Shakib Hassan Eon ◽  
Shakib Hassan Eon

Renewable energy generation is no more an alternative rather it becomes a choice for the power generation to meet the upcoming energy demand. Considering the non- renewable energy unavailability, as well as, the environmental impact, renewable energy should be the first choice. Most of the power generation in Bangladesh comes from nonrenewable energy and a noticeable amount of energy is imported from abroad. As a developing country, it is not cost-efficient and never ensures energy security. To ensure long-term energy security, it is time to shift power generation from nonrenewable to renewable energy generation. This paper presents an approximate calculation for the renewable power generating plant cost and returning year. The cost calculation is done in the context of Bangladesh.


2021 ◽  
Vol 44 (1) ◽  
pp. 11-17
Author(s):  
Sheldon Marshall ◽  
Randy Koon Koon

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.


2020 ◽  
pp. 0958305X2093768
Author(s):  
Jun Wen ◽  
Xinxin Zhao ◽  
Quan-Jing Wang ◽  
Chun-Ping Chang

This study first investigates different types of sanctions on energy security by employing data from a panel of target countries covering the period 1996–2014 and using the panel fixed effect model. Our evidence indicates that international sanctions do significantly negatively influence the energy security of target countries in some cases. Specifically, unilateral sanctions, U.S. sanctions, economic sanctions, and the intensity of sanctions have a significantly negative impact on energy security. However, plurilateral sanctions, EU sanctions, UN sanctions, and non-economic sanctions have no significant impact on the energy security of target countries. The results of endogeneity concerns are also consistent with the results of the basic regression analysis. Overall, our empirical findings merit particular attention from policy makers of target countries to ensure their energy security when facing international sanctions.


Author(s):  
C. R. Silveira Júnior ◽  
G. C. Luiz ◽  
G. A. S. Barbosa ◽  
L. G. C. Sousa

Abstract. The presence of aerosols in atmosphere has the potential to decrease the efficiency of solar photovoltaic energy generation. The central region of Brazil presents a remarkable growth of these aerosols between March and October, when the region undergoes a period of intensive slash and burn agriculture. This paper aims to evaluate the impact of this anthropogenic aerosol on electric power generation by comparing data from geostationary satellites with photovoltaic power generation data.


2017 ◽  
Vol 1 (1) ◽  
pp. 39-48
Author(s):  
A Y Dutse ◽  
Ibrahim Aliyu

Provision of conducives environment to enhance the supply and sustainability of entrepreneurs has developed into a field of competition among countries of the world. In this respect, macroeconomic factors such as FBI, technology, power generation, trade openness etc are enhanced to boost entrepreneurship in a country. Thus, this study is designed to investigate the impact of those macroeconomic factors to entrepreneurship in Nigeria. Secondary data from World Bank data bank between 2006-2015 were used for the study and analyzed using STATA package. The Regression output revealed that most Nigerian macroeconomic factors have insignificant impact on the development of entrepreneurship in the country. It was therefore, recommended that, policy makers should pay attention to not only the volume of the macroeconomic factors but also their rhythm with entrepreneurship in the country.


2019 ◽  
Vol 36 (3) ◽  
pp. 347-368 ◽  
Author(s):  
Bart Deygers ◽  
Margaret E. Malone

Research in the field of Language Assessment Literacy (LAL) shows that university admission officers and policy makers are not generally well-versed in matters of LAL. Only very few studies to date have traced why this may be the case, however, and in the field of language testing few studies to date have reported on how university admission language requirements are set. Nevertheless, because of the impact of test use on university admissions, developing such knowledge is essential to the progress of LAL as a discipline. This paper reports on a qualitative study that includes all university admission policy makers in one context (Flanders, Belgium). The analyses of the interviews show that the concerns and ideas of LAL scholars and those of university admission policy makers may differ substantially. Real-world policy is determined by pragmatism and compromise and policy makers, even at universities, may fail to consider empirical findings. Because this study shows that the view of policy makers can be quite dissimilar from the traditional approach taken in the LAL literature, the authors argue that it may be as beneficial to encourage policy literacy among language testing professionals, as to expect LAL from policy makers.


2005 ◽  
pp. 60-71
Author(s):  
E. Serova ◽  
O. Shick

Russian policy makers argue that agriculture suffers from decapitalization due to financial constraints faced by producers. This view is the basis for the national agricultural policy, which emphasizes reimbursement of input costs and substitutes government and quasi-government organizations for missing market institutions. The article evaluates the availability of purchased farm inputs, the efficiency of their use, the main problems in the emergence of market institutions, and the impact of government policies. The analysis focuses on five groups of purchased inputs: farm machinery, fertilizers, fuel, seeds, and animal feed. The information sources include official statistics and data from two original surveys.


2019 ◽  
pp. 124-136
Author(s):  
Victor D. Gazman

The article considers prerequisites for the formation of a new paradigm in the energy sector. The factors that may affect the imminent change of leadership among the energy generation are analyzed. The variability of the projects of creation and functioning of power stations is examined. The focus is made on problematic aspects of the new generation, especially, storage and supply of energy, achieving a system of parity that ensures balance in pricing generations. The author substantiates the principles of forming system of parities arising when comparing traditional and new generations. The article presents the results of an empirical analysis of the 215 projects for the construction of facilities for renewable energy. The significance and direction of the impact of these factors on the growth in investment volumes of transactions are determined. The author considers leasing as an effective financial instrument for overcoming stereotypes of renewable energy and as a promising direction for accelerated implementation of investment projects.


2020 ◽  
Vol 2 (1) ◽  
pp. 1-5
Author(s):  
Ammar Ahmed ◽  
Rafat Naseer ◽  
Muhammad Asadullah ◽  
Hadia Khan

In this competitive environment, organizations strive to satisfy their customer by providing best quality service at affordable and fair prices with a view to enhance their revenues. To achieve the objective of revenue maximization, organizations strive to identify the factors that help them in retaining their customers. Drawing from the signalling theory of marketing, the current study proposes a novel conceptual model representing the impact of service quality with food quality and price fairness on customer retention in restaurant sector of Pakistan. The paper underlines an important arena of knowledge for academicians as well as organizational scientists on the subject. On the basis of literature available on the variables understudy, the present study forwards eight research propositions worthy of urgent scholarly attention. The conceptualized model of the present article can also be viewed significant in unleashing further avenues for the restaurant management entities, policy makers and future researchers in the domain of managing in the service sector businesses.


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