21st Century Energy Markets


Book Description




Energy for the 21st Century


Book Description

Countries around the world are increasingly looking to liquefied natural gas (LNG) - natural gas that has been cooled until it forms a transportable liquid - to meet growing energy demand. Energy for the 21st Century provides critical insights into the opportunities and challenges LNG faces, including its potential role in a carbon-constrained world.




Wind Energy in the 21st Century


Book Description

Wind energy is the great success story of modern renewable energy. Since the industry's rebirth following the energy crisis of the 1970s, thousands of wind energy projects have been installed around the world. The technology today is competitive with traditional fossil-fuelled electricity generation. Wind Energy in the 21st Century explores the current economic, financial, technical, environmental, competitive, and policy considerations facing the wind energy industry. With discussions of the latest electricity industry trends including deregulation, green markets, and tradable renewable credits, this book is a must-read for energy policymakers, researchers, and energy industry professionals.




Natural Gas


Book Description

Natural gas is the world’s cleanest fossil fuel; it generates less air pollution and releases less CO2 per unit of useful energy than liquid fuels or coals. With its vast supplies of conventional resources and nonconventional stores, the extension of long-distance gas pipelines and the recent expansion of liquefied natural gas trade, a truly global market has been created for this clean fuel. Natural Gas: Fuel for the 21st Century discusses the place and prospects of natural gas in modern high-energy societies. Vaclav Smil presents a systematic survey of the qualities, origins, extraction, processing and transportation of natural gas, followed by a detailed appraisal of its many preferred, traditional and potential uses, and the recent emergence of the fuel as a globally traded commodity. The unfolding diversification of sources, particularly hydraulic fracturing, and the role of natural gas in national and global energy transitions are described. The book concludes with a discussion on the advantages, risks, benefits and costs of natural gas as a leading, if not dominant, fuel of the 21st century. This interdisciplinary text will be of interest to a wide readership concerned with global energy affairs including professionals and academics in energy and environmental science, policy makers, consultants and advisors with an interest in the rapidly-changing global energy industry.




Energy Policy Modeling in the 21st Century


Book Description

The roles and applications of various modeling approaches, aimed at improving the usefulness of energy policy models in public decision making, are covered by this book. The development, validation, and applications of system dynamics and agent-based models in service of energy policy design and assessment in the 21st century is a key focus. A number of modeling approaches and models for energy policy, with a particular focus on low-carbon economic development of regions and states are covered. Chapters on system dynamics methodology, model-based theory, fuzzy system dynamics frame-work, and optimization modeling approach are presented, along with several chapters on future research opportunities for the energy policy modeling community. The use of model-based analysis and scenarios in energy policy design and assessment has seen phenomenal growth during the past several decades. In recent years, renewed concerns about climate change and energy security have posed unique modeling challenges. By utilizing the validation techniques and procedures which are effectively demonstrated in these contributions, researchers and practitioners in energy systems domain can increase the appeal and acceptance of their policy models.




Why Carbon Fuels Will Dominate the 21st Century's Global Energy Economy


Book Description

This text provides a survey of the energy resources for the foreseeable future and argues that there is not, nor has there been, a supply crisis. It contends that the current claims of impending disaster are as falsely based as those first made in the 1960s, albeit for different reasons. This book argues that most attempts at reasonable analysis are undermined by the poor quality and confusing nature of much of the statistical data available, much of the confusion deliberately sowed by governments and oil companies to create impressions that best served them at different times. Data is interpreted in a coherent way, concluding that the predicted supply crisis is not going to be a near-term phenomenon.




Energy Security for the 21st Century


Book Description

This book takes a very close look at energy and energy security from a hands-on, technical point of view with an ultimate goal of sorting out and explaining the deep meaning of energy as well as the key factors and variables of our energy security. The book reviews the major energy sources—coal, crude oil, natural gas, the renewables, and other alternative fuels and technologies—according to the way they affect our energy security now and what consequences might be expected in the future. Topics include the different technical, logistics, regulatory, social, political, and financial aspects of modern energy products and technologies. The advantages and disadvantages of the different fuels, technologies, energy strategies, regulations, and policies are reviewed in detail, sorted, and clearly laid out as well as their effects on our present and future energy security in a way that is easy to understand by high school students, engineers, and professors alike. This book is a must-read for energy executives, environmental specialists, investors, bankers, lawyers, regulators, politicians, and anyone involved, or interested, in today’s energy production and use and their effects on our energy security.




Global Energy Politics


Book Description

Ever since the Industrial Revolution energy has been a key driver of world politics. From the oil crises of the 1970s to today’s rapid expansion of renewable energy sources, every shift in global energy patterns has important repercussions for international relations. In this new book, Thijs Van de Graaf and Benjamin Sovacool uncover the intricate ways in which our energy systems have shaped global outcomes in four key areas of world politics: security, the economy, the environment and global justice. Moving beyond the narrow geopolitical focus that has dominated much of the discussion on global energy politics, they also deftly trace the connections between energy, environmental politics, and community activism. The authors argue that we are on the cusp of a global energy shift that promises to be no less transformative for the pursuit of wealth and power in world politics than the historical shifts from wood to coal and from coal to oil. This ongoing energy transformation will not only upend the global balance of power; it could also fundamentally transfer political authority away from the nation state, empowering citizens, regions and local communities. Global Energy Politics will be an essential resource for students of the social sciences grappling with the major energy issues of our times.




Frictionless Markets


Book Description

This volume models a 21st century supply chain: one that uses technology that leads to the power of the individual, not larger organizations. Author Jack Buffington explains how in the near future, each of us will be a “prosumer” in a peer-based economy of micro-level manufacturing with little waste and infinite customization. There are two primary schools of thought in regard to the world economy of the future; from one side is a belief that economic growth can continue in perpetuity, driven upon a cheap and plentiful energy supply. From the other point of view is a perspective that economic growth will soon end has due to a lack of cheap and plentiful oil, too much financial debt, and a damaged environment that cannot withstand more growth. Frictionless Markets proposes a third way: a 21st century model based upon an economic calculus that does assume that fossil fuels are rapidly depleting and the environment is being damaged, but does not assume that this means an end to growth, but rather, a beginning of opportunities. Frictionless Markets tells the story of why and how frictionless markets will exist by the year 2030. Dr. Jack Buffington is both a supply chain professional for one of the largest consumer products companies in the world, and a researcher in biotechnology and supply chain at the Royal Institute of Technology in Stockholm, Sweden.




China and India


Book Description

The book sheds understanding on the relations between development and global energy security by looking at China and India. It addresses the following issues: what is the new definition of energy security, how does it affect global politics and international relations? What are the energy security concerns of China and India, and what policies and approaches have they taken to deal with energy security issues? Since China and India are searching for oil and gas in the Middle East, Africa, and Southeast Asia, will their acquisition efforts conflict with the interests of other energy giants such as the U.S., Japan, and will their growing overseas activities challenge U.S. policy in those energy-rich regions? The book provides insight into what the new global energy order may be and how the growth models and energy structures may shape the economic growth and energy. It analyzes both the state-centered approach and market-oriented approach in the global quest for energy resources. It also examines how China and India can adopt a cooperative approach for beneficial relations. The book will be of interest to anyone who is keen to learn how the World especially U.S.A. can accomodate and adapt to the new global energy dynamics; China and India as new players in global energy markets.