Emerging Energy Market Analysis Initiative, Methodological Framework

The article outlines the main stages of the digital transformation of the energy sector of Russia since 2014. The methodological framework of the summary is composed of the key federal laws and industrial regulations that formed the foundation of the digitalization of the Russian energy sector. The study revealed two focus segments for Russian energy transformation. The first one deals with the development of the methodological framework for digital transformation (departmental project “Digital Energy”). The second one works towards the development of new technical solutions, their active field testing and elimination of emerging administrative barriers (EnergyNet road map, “Unified Technical Policy - Power Supply Reliability” project). It has been established that technological development trends in the Russian energy sector generally match those in the rest of the world (smart energy, distributed generation, renewable energy, consumer services etc.). Private projects that are being implemented as part of these initiatives prove highly efficient technically and economically and are attracting wide attention in the global energy market.

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Renewable Energy Deployment to Stimulate Energy Transition in the Gulf Cooperation Council

Renewable Energy Transition in Asia ◽

10.1007/978-981-15-8905-8_8 ◽

2021 ◽

pp. 161-183

Author(s):

Yagyavalk Bhatt

Keyword(s):

Renewable Energy ◽

Middle East ◽

Local Level ◽

Ghg Emissions ◽

Gulf Cooperation Council ◽

Market Analysis ◽

Decision Makers ◽

Energy Market ◽

Energy Agency ◽

Middle East Countries

AbstractThe Gulf Cooperation Council (GCC) region plays a vital role in shaping the global energy markets because of its substantial amount of hydrocarbons resources. Although the GCC has abundant hydrocarbon resources, countries in the region have also shown their commitment and intent to become the global leaders in alternate energy, especially, renewable energy through their “Visions and Laws”. Further, All the countries in the Middle East have also set targets for the deployment of renewable energy at the federal or local level.For several decades, there has been steady economic and population growth of the Middle East countries, with most of the region’s wealth and socio-economic development, tied to its substantial oil and gas resources. Renewable energy can provide an alternative to their energy landscape, which holds a vast potential to cut fuel costs, reduce GHG emissions.To promote renewable energy, in the last five years, renewable energy has gained a lot of interest in the Gulf Cooperation Council (GCC) countries. Low tariffs bids for renewable energy generation in the United Arab Emirates (UAE) and Saudi Arabia since 2016 have made renewable energy, especially solar power competitive with conventional energy (International Renewable Energy Agency. Renewable Energy Market Analysis-GCC 2019. s.l.: International Renewable Energy Agency, 2019).With the push from the decision-makers to reduce the risk of dependence fossil fuels, the renewable energy plans can be implemented in the GCC. Decision-makers in the GCC have recognized the need for a plan for the post-oil era. This chapter will explore the GCC long term policies and government’s role in shaping the renewable energy market. Further, the chapter will also explore the challenges & opportunities related to the renewable energy sector in GCC (International Renewable Energy Agency. Renewable Energy Market Analysis-GCC 2019. s.l.: International Renewable Energy Agency, 2019).

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Reaching for frontiers: Registering discontinuity in energy market analysis

Knowledge Technology & Policy ◽

10.1007/s12130-005-1008-9 ◽

2005 ◽

Vol 18 (3) ◽

pp. 114-124 ◽

Cited By ~ 1

Author(s):

Arthur Mason

Keyword(s):

Market Analysis ◽

Energy Market

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Evaluation of the Adaptability of the Ukrainian Economy to Changes in Prices for Energy Carriers and to Energy Market Risks

Energies ◽

10.3390/en11123529 ◽

2018 ◽

Vol 11 (12) ◽

pp. 3529 ◽

Cited By ~ 3

Author(s):

Olexandr Yemelyanov ◽

Anastasiya Symak ◽

Tetyana Petrushka ◽

Roman Lesyk ◽

Lilia Lesyk

Keyword(s):

Empirical Analysis ◽

State Energy ◽

Energy Markets ◽

Energy Market ◽

Energy Prices ◽

Methodological Framework ◽

Economic Sectors ◽

Energy Carriers ◽

Market Risks ◽

The Empirical Analysis

The methodological framework for assessing adaptability of the economy to changes in energy prices and risks to energy markets was developed. The study proposes indicators for assessing the level of adaptability of the economic sectors to changes in prices for energy carriers and to risks of energy markets. The model of decomposition of adaptability level of the economy sectors to changes in energy prices has been developed. The theoretical and empirical analysis of the influence of energy prices on adaptability level of enterprises and households is carried out. Based on the empirical analysis, it was found that adaptability level of the sectors of Ukrainian economy significantly differs both in the years of the investigated period and in sectors of the economy. At the same time, most indicators of the level of adaptability vary from 0.4 to 0.7. Consequently, the actual decline in the profit of enterprises was 40–70% lower than the potentially possible decrease in the profit of these enterprises due to the prices rising for energy carriers. Moreover sectors which are less vulnerable to the growth of prices show higher adaptability level.The possibility of using the obtained results in developing a state energy saving strategy is substantiated.

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