Ewolucja bezpieczeństwa energetycznego Polski i Białorusi na międzynarodowym rynku ropy naftowej

2021 ◽  
Vol 19 (1) ◽  
pp. 121-139
Author(s):  
Maciej Mróz
Keyword(s):  
Crude Oil ◽  
Energy Policy ◽  
Energy Security ◽  
Political Instability ◽  
Building Energy ◽  
Energy Resources ◽  
Modern World ◽  
Short Term ◽  
Diversification Strategy ◽  
The Common

Access to energy resources has become one of the main challenges of energy security in the modern world. Due to the growing political instability of countries exporting energy resources, the energy security category should be perceived in a special way. Energy security is expressed, first of all, in stable access to energy resources at an acceptable price. The aim of the article is to determine to what extent the strategy of diversifying the sources of crude oil imports to Poland and Belarus is implemented in practice, and to what extent the implementation of this strategy is conducive to building energy security for both these countries. It seems that despite the similar geological and geographical conditions, as well as the common historical infrastructure heritage, Poland and Belarus shape their energy policy differently. The conducted analysis has an empirical dimension, as the REES index is used to measure the concentration of imports and the short-term risk for the security of crude oil supplies. The article shows that a properly implemented diversification strategy significantly improves the country’s energy security, which is possible due to the use of alternative directions for oil imports to the Russian one.

scholarly journals Economic implications of energy security in the short run

Ekonomika ◽  
2015 ◽  
Vol 94 (3) ◽  
pp. 119-138 ◽  
Author(s):  
Vaidotas Šumskis ◽  
Vincentas Giedraitis
Keyword(s):  
European Union ◽  
Energy Policy ◽  
Energy Security ◽  
Energy Resources ◽  
Var Model ◽  
Current Account Balance ◽  
Panel Var ◽  
The European Union ◽  
Short Term ◽  
Short Run

Energy security is one of the primary goals of the European Union energy policy as the region relies mostly on imports to meet its energy resources demand. In 2013, the share of the net imported energy resources was as high as 54.5% of total energy consumption in the 28 member states of the European Union. Research on energy security involves a detailed analysis of economic, technological, and socio-political factors. The main objective of this study is to find out the economic consequences in the short run due to changes in the level of the security of energy resources supply. In order to acquire quantitative measures of the research object, the energy security index calculation methodology proposed by Jansen et al. (2004) is applied. To explore what effects, if any, energy security has on the economy of the EU, five economic indicators, with which the probable short-term impact of energy security is the most likely, are distinguished: real GDP, inflation, current account balance, foreign direct investment, and employment. Granger causality tests of the panel VAR model reveal that in the short run employment may be negatively affected by energy security. The effect itself is relatively small and short-lived. No short term causality is observed running from energy security towards the remaining macroeconomic variables of the panel VAR model. Such conclusions would suggest making the European Union energy policy decisions without prioritizing possible swings of the energy security level in the short run.

scholarly journals Energy Policy: Past or Prologue?

Daedalus ◽  
2012 ◽  
Vol 141 (2) ◽  
pp. 31-44 ◽  
Author(s):  
Michael J. Graetz
Keyword(s):  
Climate Change ◽  
United States ◽  
Energy Policy ◽  
Energy Security ◽  
Energy Production ◽  
The United States ◽  
Short Term ◽  
The Past ◽  
Oil Embargo ◽  
Silver Bullet

The United States was remarkably complacent about energy policy until the Arab oil embargo of 1973. Since then, we have relied on unnecessarily costly regulations and poorly designed subsidies to mandate or encourage particular forms of energy production and use. Our presidents have quested after an elusive technological “silver bullet.” Congress has elevated parochial interests and short-term political advantages over national needs. Despite the thousands of pages of energy legislation enacted over the past four decades, Congress has never demanded that Americans pay a price that reflects the full costs of the energy they consume. Given our nation's economic fragility, our difficult fiscal situation, and the daunting challenges of achieving energy security and limiting climate change, we can no longer afford second- and third-best policies. This essay discusses the failures of the past and how we might avoid repeating them.

scholarly journals ENERGY SECURITY AND ENERGY EFFICIENCY PRIORITIES IN THE REPUBLIC OF AZERBAIJAN

2021 ◽  
Vol 06 (02) ◽  
pp. 20-22
Author(s):  
Elshan Hajizade Elshan Hajizade
Keyword(s):  
Energy Efficiency ◽  
Energy Security ◽  
Developed Countries ◽  
Energy Resources ◽  
Modern World ◽  
Energy Strategy ◽  
Future Prospects ◽  
Important Indicator ◽  
World Energy ◽  
The Republic

Energy security and related energy efficiency issues are part of the national energy strategy in most economically developed countries. In the modern world, energy security also includes issues related not only to the quantity of consumption, but also to its quality. In this regard, a sustainable socially oriented state does not separate energy security from energy efficiency and considers it an important indicator of the country's level of development. The Republic of Azerbaijan is also among the countries of the world with abundant hydrocarbon energy resources in terms of current and future prospects. Although energy security is ensured in the country, its strengthening and enrichment with elements of energy efficiency are the main priorities of the ongoing reforms. This issue is also of scientific relevance. In this regard, the article deals with issues related to energy security and energy efficiency priorities in the Republic of Azerbaijan.

The Exergy-Based Cost of Crude Oil-Distillation Products: A Novel Perspective

2014 ◽  
Author(s):  
Jose-Luis Gonzalez-Hernandez ◽  
Enrico Sciubba ◽  
Abel Hernandez-Guerrero
Keyword(s):  
Crude Oil ◽  
Energy Policy ◽  
Environmental Remediation ◽  
Primary Energy ◽  
Energy Resources ◽  
Monetary Cost ◽  
Entire Process ◽  
Novel Approach ◽  
Crude Oil Distillation ◽  
The Cost

A novel approach to the calculation of the cost of crude oil distillation products is proposed in this paper. The approach is based on the primary exergy “invested” in the entire process, from extraction to final dispatch, in a well-to-final use perspective including all externalities: capital, labor and environmental remediation cost. The method follows the Extended Exergy Accounting (EEA) theory, and results in a quantifier, the specific extended exergy cost eec, expressed in Joules of primary exergy globally used in the process per Joule of final product. This indicator is not meant to substitute the monetary cost currently adopted in all transactions, but rather to complement it by providing designers, industry managers and energy policy planners with a thermodynamically-sound basis for assessing how far a certain productive chain is from being “sustainable” in terms of primary resources. Several different processes are analyzed, and the quantitative differences in the final eec are calculated and discussed. The conclusions contain some suggestions for a general reassessment of our approach to the exploitation of primary energy resources.

Impact of crude oil price on the socio-political environment of global countries

2019 ◽  
Vol 118 (3) ◽  
pp. 110-122
Author(s):  
Johnson Clement Madathil ◽  
Velmurugan P. S
Keyword(s):  
Crude Oil ◽  
Descriptive Analysis ◽  
Oil Price ◽  
Policy Framework ◽  
Political Environment ◽  
Policy Reforms ◽  
Crude Oil Price ◽  
Short Term ◽  
Political Impact ◽  
New Energy

Crude oil is known to have an impact on people’s life of both producers and consumers of crude oil countries. A producer country’s socio-political impact will be different from a consumer country’s socio-political impact. This paper aims to show that crude oil price has a socio-political impact on global countries through descriptive analysis. The study found that there were similarities in the movement of crude oil price and change in GDP of both India and United States and further Russia and Venezuela have had crude oil impact on their respective GDP’s, which has made them take policy reforms. The paper identifies changes in the policy framework due to influence of crude oil price and eventual changes in existing socio-political environment. Taking oil producing countries such as Russia and Venezuela as examples, this paper suggests that policy reforms are the key to having a stable socio-political environment. Russia shows us that having a flexible monetary policy can keep the budget dependence on crude oil reduced in the short term. On the other hand, for oil consuming countries, having a stable supply and moving to new energy sources is the key to tackle the influence of crude oil price on the socio-political environment of global countries.

Demand-side Energy Policy as an Alternative Energy Strategy for Pakistan

1986 ◽  
Vol 25 (4) ◽  
pp. 631-647
Author(s):  
Peter Pintz
Keyword(s):  
Energy Policy ◽  
Alternative Energy ◽  
High Growth ◽  
Energy Resources ◽  
Energy Strategy ◽  
General Development ◽  
Foreign Countries ◽  
The World ◽  
New Energy ◽  
Level Of Economic Development

After the first oil-price shock of 1973, a search for new energy policies was started all over the world. Changing one fundamental concept - that relating to the general development of energy supply and consumption - was, however, out of the question. The pre-1973 trend of development was maintained. The energy elasticities did not change. The old forecasts were still held to be valid and were considered now, as earlier, to be the objectives which a successful energy policy had to achieve. This was considered a prerequisite for high growth rates of GNP and improvements in living conditions, and energy consumption was regarded as an indicator of the level of economic development. Therefore, the focus was shifted to an enlargement of the supply of indigenous energy resources as a substitute for imported energy, so that dependence on foreign countries could be minimized.

THE TRUMP ADMINISTRATION’S APPROACH TO ENERGY SECURITY IN POLAND AND THE BALTIC STATES

2020 ◽  
Vol 18 (1/2020) ◽  
pp. 33-67
Author(s):  
Olga Stevanovic
Keyword(s):  
Energy Security ◽  
Research Question ◽  
Energy Resources ◽  
Baltic States ◽  
Realist Theory ◽  
Main Research ◽  
Security Challenges ◽  
The Us ◽  
The Subject ◽  
The Baltic

The subject of this paper encompasses US policy towards Poland and the Baltic States regarding energy security during Donald Trump’s presidency. It is discernible that vast domestic energy resources have created an opportunity for the US to project more power to these countries, and the surrounding region. We argue that Trump and his administration’s perceptions have served as an intervening variable in that opportunity assessment, in accordance with the neoclassical realist theory. The main research question addressed in this paper is whether US has used that opportunity to contribute to energy security in countries it has traditionally deemed as allies. Two aspects of US approach to energy security of the designated countries are taken into consideration: liquified natural gas exports and support for the Three Seas Initiative. The way Trump presented his policy and its results in his public statements has also been considered in this paper. The article will proceed as follows. The first subsection of the paper represents a summary of energy security challenges in Poland and the Baltic States. The second subsection is dedicated to the opportunity for the US to project energy power and to Trump’s perceptions relevant for the opportunity assessment. The third subsection deals with American LNG exports to these countries as a possible way for contributing to energy security in Poland and the Baltic States. The last part of the paper addresses the Three Seas Initiative and US approach to this platform.

European Energy Security

2017 ◽  
Author(s):  
Almas Heshmati ◽  
Shahrouz Abolhosseini
Keyword(s):  
European Union ◽  
Renewable Energy ◽  
Energy Policy ◽  
Energy Security ◽  
Energy Supply ◽  
Alternative Energy ◽  
Renewable Energy Sources ◽  
Relevant Literature ◽  
Primary Energy ◽  
The European Union

This chapter reviews relevant literature on the current state and effectiveness of developing renewable energy on energy security in general, and on energy security in the European Union (EU) in particular. The chapter elaborates on primary energy import sources, possible alternatives, and how energy security is affected by the sources of supply. It also gives an analysis of the effects of the Ukrainian crisis, the isolation of Iran on diversification sources, and on European energy security. It examines EU’s energy policy, analyses the best motivation for a new energy policy direction within Europe, and suggests alternative solutions for enhanced energy supply security. The aim is to suggest suitable solutions for energy security in Europe through energy supply diversification. Supply diversification includes alternative energy corridors for reducing dependency on Russia as a supplier and enhancing the power generated by renewable energy sources under the European Union 2020 strategy.

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