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Energy Economy, Finance and Geostrategy

Energy Economy, Finance and Geostrategy PDF Author: André B. Dorsman
Publisher: Springer
ISBN: 3319768670
Category : Business & Economics
Languages : en
Pages : 273

Book Description
This volume investigates the impact of energy issues on geostrategy. The crucial importance of energy and the fact that fossil fuels are not equally distributed among countries means that decisions are not only based on financial arguments, but also on the political impact. It can be said that "Energy is Politics". In three parts - 1) Energy Economy; 2) Finance; and 3) Geostrategy - academics and practitioners address both economic and political questions and present cases from several countries. This is the sixth volume in a series on energy organized by the Centre for Energy and Value Issues (CEVI). The previous volumes in the series were: Financial Aspects in Energy (2011), Energy Economics and Financial Markets (2012), Perspectives on Energy Risk (2014), Energy Technology and Valuation Issues (2015) and Energy and Finance (2016).

Energy Economy, Finance and Geostrategy

Energy Economy, Finance and Geostrategy PDF Author: André B. Dorsman
Publisher: Springer
ISBN: 3319768670
Category : Business & Economics
Languages : en
Pages : 273

Book Description
This volume investigates the impact of energy issues on geostrategy. The crucial importance of energy and the fact that fossil fuels are not equally distributed among countries means that decisions are not only based on financial arguments, but also on the political impact. It can be said that "Energy is Politics". In three parts - 1) Energy Economy; 2) Finance; and 3) Geostrategy - academics and practitioners address both economic and political questions and present cases from several countries. This is the sixth volume in a series on energy organized by the Centre for Energy and Value Issues (CEVI). The previous volumes in the series were: Financial Aspects in Energy (2011), Energy Economics and Financial Markets (2012), Perspectives on Energy Risk (2014), Energy Technology and Valuation Issues (2015) and Energy and Finance (2016).

Sustainability in Energy Business and Finance

Sustainability in Energy Business and Finance PDF Author: Hasan Dinçer
Publisher: Springer Nature
ISBN: 3030940519
Category : Business & Economics
Languages : en
Pages : 221

Book Description
This edited volume seeks to identify the sustainability issues currently affecting the energy business and finance. For this purpose, a broad range of perspectives on sustainability issues in the energy business and finance are taken into consideration in the context of renewable business projects. In turn, several novel strategies from the energy business and finance are illustrated with regard to sustainable organizational factors, technological infrastructure, financial facilities, economic development, and investment potential. Comparing and contrasting different sustainability perspectives can help to develop the most appropriate and successful business strategies for the sustainable energy business and finance. This book presents multidimensional analyses of sustainability issues with regard to renewable energy projects and identifies the most promising strategies, as well as efficient market conditions for the energy business.

Applied Operations Research and Financial Modelling in Energy

Applied Operations Research and Financial Modelling in Energy PDF Author: André B. Dorsman
Publisher: Springer Nature
ISBN: 3030849813
Category : Business & Economics
Languages : en
Pages : 283

Book Description
This book on Applied Operations Research and Financial Modelling in Energy (AORFME) presents several applications of operations research (OR) and financial modelling. The contributions by a group of OR and Finance researchers focus on a variety of energy decisions, presenting a quantitative perspective, and providing policy implications of the proposed or applied methodologies. The content is divided into three main parts: Applied OR I: Optimization Approaches, Applied OR II: Forecasting Approaches and Financial Modelling: Impacts of Energy Policies and Developments in Energy Markets. The book appeals to scholars in economics, finance and operations research, and to practitioners working in the energy sector. This is the eighth volume in a series of books on energy organized by the Centre for Energy and Value Issues (CEVI). For this volume, CEVI collaborated with Hacettepe University’s Energy Markets Research and Application Center. The previous volumes in the series are: Financial Aspects in Energy (2011), Energy Economics and Financial Markets (2012), Perspectives on Energy Risk (2014), Energy Technology and Valuation Issues (2015), Energy and Finance (2016), Energy Economy, Finance and Geostrategy (2018), and Financial Implications of Regulations in the Energy Industry (2020).

Handbook of Energy Governance in Europe

Handbook of Energy Governance in Europe PDF Author: Michèle Knodt
Publisher: Springer Nature
ISBN: 3030432505
Category : Political Science
Languages : en
Pages : 1333

Book Description
This Handbook provides the most comprehensive account of energy governance in Europe, examining both energy governance at the European level and the development of energy policy in 30 European countries. Authored by leading scholars, the first part of the book offers a broad overview of the topics of energy research, including theories of energy transitions, strategies and norms of energy policy, governance instruments in the field, and challenges of energy governance. In the second part, it examines the internal and external dimensions of energy governance in the European Union. The third part presents in-depth country studies, which investigate national trajectories of energy policy, including an analysis of the policy instruments and coordination mechanisms for energy transitions. It closes with a comparative analysis of national energy governance. This book is a definitive resource for scholars in energy and climate research as well as decision makers in national governments and EU institutions.

The Post-American Middle East

The Post-American Middle East PDF Author: Laurent A. Lambert
Publisher: Springer Nature
ISBN: 3031299124
Category : Political Science
Languages : en
Pages : 287

Book Description
After two decades of War on Terror, it is particularly important, for both academic and policy purposes, to clearly understand why the US formidable mobilization of means and might has transformed into a such a blatant geostrategic defeat of the US and its allies in the broad Middle East. This is all the more paradoxical that the WOT achieved a series of tactical victories – such as the toppling of hostile regimes in Afghanistan, Iraq and Libya; the crippling of the national economies of enemy states by sanctions; the successful targeted killing of lead terrorist Usama Bin Laden, ISIS cult leaders Abu Bakr Al-Baghdadi and his successor, etc. So, why have these tactical victories not led to what was supposed to become, according to the US government, a ‘Greater Middle East’? With most authors being from or living in the Middle East, this book is unique as it brings perspectives and answers from the region. This is crucially important as we are entering, we argue, the era of a Post-American Middle East. Chapters 1 and 10 are available open access under a Creative Commons Attribution 4.0 International License via link.springer.com

Insight Turkey / Winter 2021 - New Geopolitics in The Eastern Mediterranean

Insight Turkey / Winter 2021 - New Geopolitics in The Eastern Mediterranean PDF Author:
Publisher: SET Vakfı İktisadi İşletmesi
ISBN:
Category : Political Science
Languages : en
Pages :

Book Description
After being the focal point of the regional and global power competition for centuries, the Eastern Mediterranean region has recently re-emerged as a point of convergence in international politics. Over the last two decades, especially, many regional and global powers have begun to develop strategies toward the Eastern Mediterranean leading to a fierce rivalry amongst them. There are several reasons for the increase in the political, strategic, and economic importance of the region. However, four are especially noteworthy, and while two are long-standing factors, there are two significant novel developments that have contributed to the re-emergence of the strategic importance of the region. First, the main deep-seated reason stems from its geostrategic and geopolitical importance. The Eastern Mediterranean hosts some of the most strategic seaways in the world, such as the Suez Canal and the Turkish Straits. While the Suez Canal has served as the main sea passage bridging the East to the West since its opening in 1869, the Turkish Straits (the Bosphorus and the Dardanelles) has for centuries connected the Black Sea with the Mediterranean Sea and so the Atlantic Ocean. Second, due to its strategic importance the Eastern Mediterranean region has always been one of the most penetrated regions in the world. Many global and regional powers such as the U.S., Russia, the United Kingdom, Germany, France, Italy, Turkey, Israel, the United Arab Emirates (UAE), Egypt and Saudi Arabia continue to intervene into regional affairs resulting in power struggles. While the U.S. is trying to maintain its superiority in the region following the Cold War period, Russia aims to reach the warm seas, its long-time strategic objective. On the other hand, the UK, France, and Turkey are working to protect their historical and imperial links with the region. Starting with President Obama, the U.S. has followed a retrenchment policy which has resulted in power vacuums in different regions including the Eastern Mediterranean. Under these circumstances the Western-dominated regional system and political stability has changed dramatically, and the power vacuum created after the U.S. downsized its regional role is filled by many other challenger states. One of these states is Russia which seems to have settled itself into the region permanently. From now on, it will be quite difficult to extricate Russia from the region and without doubt it will continue to pose a threat from the south to European countries. China is another actor that has gained a foothold in the region lately by improving its relations with some regional countries and by investing in the control of significant seaports. Furthermore, Egypt, Saudi Arabia, and the UAE have also started trying to influence the regional balance of power. Consequently, all the cards are reshuffled in the Eastern Mediterranean and a new great game is underway in the region. Third, as the most significant novel development, the exploration of natural gas in the region has contributed to its geostrategic importance. Considered as one of the richest deposits with approximately 4.5 percent of the total natural gas reserves in the world, the Eastern Mediterranean has become of great interest to the energy market. The drilling activities performed to date show that essential portions of the reserves range from the Tamar and Leviathan gas fields, where the coasts of Cyprus, Egypt, and Israel meet, to the West Nile Delta field along the Egyptian coast. Within this framework, the regional and global powers have turned their attention to the region once again as the newly discovered rich energy resources have entered into the equation as a new parameter. Israel is the first state that discovered natural gas in Tamar (318 billion cubic meter) and Leviathan (605 billion cubic meter) fields and began to use and export it to other countries. Egypt and the Greek Administration of Southern Cyprus (GASC) also discovered natural gas in the Zohr (850 billion cubic meter) field and Aphrodite (129 billion cubic meter) field, respectively. Furthermore, lately, a considerable amount of gas reserves was discovered in the Calypso and Glaucus fields located in the South of Cyprus. As new discoveries continue, other countries such as Turkey have been conducting offshore drilling activities to explore natural gas. All these activities have defrosted the longtime frozen problems of the region. The region is not rich only in terms of offshore natural gas reserves. It is known that some areas within the boundaries of Egypt and Libya are also rich in natural gas. Having the Wafa and Bouri gas fields, Libya is ranked 22nd in the world with around 1.5 trillion cubic meters of natural gas reserves. Egypt ranks as 16th in the world, with the Zohr, West Nile Delta, and Atoll fields yielding a total of around 2.2 trillion cubic meters of natural gas. It must be said that the reason many global and regional players have become involved in the Libyan civil war is closely related to its abundant energy resources. Furthermore, it is important to state that the Eastern Mediterranean is quite rich in terms of crude oil as well. Considering onshore and offshore reserves together, the region possesses nearly 3.7 percent of the world’s total oil reserves with around 64 billion barrels discovered to date. Libya alone has nearly 3.2 percent of the world’s oil reserves, with roughly 48.4 billion barrels, and Egypt has around 3.3 billion barrels of known oil reserves. Fourth, besides the three protracted crises, namely the Israeli-Palestinian conflict, the political crisis in Lebanon, and the Cyprus question, two more recent regional political issues, the Syrian and Libyan crises, have been attracting the attention of many regional and global powers. The external involvement of some new actors in these crises has led to a new power struggle. Turkey and Russia are the two main states that have increased their presence in the region lately by becoming the two main powers involved in the Syrian and Libyan crises. Needless to state, their military intervention in these crises has undermined the status of the traditional Western colonial powers, such as France. As a country that has the longest shores in the Eastern Mediterranean and as one of the main players in regional geopolitics, Turkey has begun to increase its military presence in the region in order to deter anti-Turkish developments. The geography has begun to occupy a critical role in Turkey’s political, security, and economic policies, and eventually has become one of the most featured parameters in Turkish foreign policy. Turkey’s regional policy is shaped by a number of factors. First of all, the Eastern Mediterranean has long-standing importance for Turkey, which has historical ties with almost all regional states. For centuries the region was ruled by Turkey’s predecessor, the Ottoman Empire. Therefore, Turkey’s involvement in regional crises such as Libya, Syria, and Palestine can be partially explained by the historical ties between Turkey and these states. Second, the Eastern Mediterranean plays a crucial role in Turkey’s security and as a result Turkey’s foreign policy towards the region is highly shaped by its security concerns. Therefore, the policies of global powers such as the U.S., the European Union, and Russia towards the region are intrinsically linked to Turkey’s security. As all these actors pursue their own national interests, it has resulted in the U.S., EU, and Russia conflicting with Turkey’s policies and expectations in the region. This has become clear on issues such as the Cyprus problem and the attempts of the Greek side to sign international agreements regarding the maritime jurisdiction zones. Both of these developments aim at eliminating Turkey’s influence over the island and the region altogether. However, Turkey has made it clear that this is not something that it will accept, and has responded by signing agreements with the Turkish Republic of Northern Cyprus (TRNC) and Libya, in 2011 and 2019 respectively. Third, the Eastern Mediterranean is critical both for its abundant energy resources and for the bilateral economic relations between Turkey and the countries of the region; therefore, the economy is another factor determining Turkish policy towards the region. Turkey, an energy-dependent country that expects to discover new resources in its continental shelf, considers the rich hydrocarbon potential of the region as an alternative source of meeting its energy demands. Turkey seeks to both decrease its foreign dependence on energy and to increase its trade, first with neighboring countries and then with the world. In this regard, when forming its Eastern Mediterranean policy, Turkey is, on the one hand, intensely searching for natural gas and oil on its continental shelf and following policies towards transferring the resources found in other countries’ maritime zones to the Western markets through Turkey, and, on the other hand, trying to improve its relations with the countries in the region. The developments that threaten Turkey’s economic and security interests have urged Ankara to a closer involvement with the region. Tensions have risen with Greece’s eagerness to give its islands maritime jurisdiction zones beyond their territorial waters, which will cut into Turkey’s continental shelf and the GASC’s licensing of maritime blocks to international companies for energy research activities. Violating the TRNC and Turkey’s rights, and, with the aim of making their illegal actions permanent, their signing of agreements in close cooperation with Israel, Egypt, and the U.S., as well as conducting joint military operations will not contribute to the resolution of the problems. Within this framework, this issue of Insight Turkey highlights different affairs regarding the Eastern Mediterranean region. A number of leading and well-known intellectuals and academicians have contributed to this issue focusing on political, legal, and energy dimensions of maritime tensions and the rise of a new geopolitics in the region. This issue includes pieces that look at the Eastern Mediterranean tensions through the lens of international law. Ayfer Erdoğan’s research article examines the legal and political dimensions of the disputes by analyzing the standpoints of the main actor’s in the region. Meanwhile, the commentary written by Sertaç Hami Başeren reviews their justifications with reference to international law, with particular reference to Turkey’s actions. Furthermore, based on the principle that maritime delimitation should be carried out to reach an equitable solution by taking all the relevant circumstances into account, Yücel Acer argues that Turkey has developed a comprehensive legal approach as to the maritime delimitation in the Eastern Mediterranean and even submitted a map to the UN to demonstrate Turkey’s claimed continental shelf and Exclusive Economic Zone (EEZ) areas. While keeping up with the recent developments in the United States, Nurşin Ateşoğlu Güney and Vişne Korkmaz’s research article examines how and why Washington has come to embrace the logic of ‘Alliance Axis’ to shape the Eastern Mediterranean and explores the projected impact of the U.S.-initiated Abraham Accords on regional geopolitics. Meanwhile, Muhammad Soliman Alzawawy’s commentary aims to forecast the route and different scenarios that the new American President Joe Biden will take in his foreign policy towards the Eastern Mediterranean region through investigating the content of his speeches and rhetoric before and shortly after taking office. Galip Emre Yıldırım highlights the stance of another actor in the region by arguing that France’s identification of Turkey as an ‘external enemy’ reflects the former’s political and economic concerns with regard to the Mediterranean gas reserves. Sohbet Karbuz gives an overview of the key commercial, technical, legal, and political challenges the East Mediterranean gas faces, with a critical eye and proposes possible ways to overcome them. Karbuz discusses the challenges facing the monetization of the discoveries by looking at both the commercial challenges hampering the exploration and field development activities and the technical challenges for exporting gas to the immediate and distant markets. In addition to these eight pieces focusing on the Eastern Mediterranean, there are some insightful manuscripts on a range of topics regarding the recent developments in the international political arena. With regard to the recent changes at the level of the white house, Inderjeet Parmar analyses President Donald Trump’s attempted coup. Parmar also questions the political will of the new President to extirpate Trumpism and white supremacy from the U.S. body politic. After three-and-a-half-years into the crisis that struck the heart of the Gulf Cooperation Council, Marwan Kabalan sheds light on how the 41st Gulf Summit in the Saudi city of al-Ula, brought the blockade of Qatar to an end. From our off-topic research articles, Nikolay Kozhanov tries to prove the importance of the economic factors for the current development of Russia’s relations with the Gulf States. He also assesses the prospects for continued economic cooperation between the GCC states and Moscow. Ramazan Erdağ’s article concludes this issue with a discussion on why Russia replaced the South Stream project with the TurkStream by changing its route and name, and why Turkey is involved in a project on the North-South line although it plays a vital role in the Trans-Anatolia Natural Gas Pipeline Project in the southern gas corridor. While the importance of the region certainly is going to increase in the following years as more regional and global actors will be included in the power struggle, it is necessary to analyze and understand the issue from geopolitical, economic and legal standpoints. With that said, we are confident that this issue of Insight Turkey entitled “New Geopolitics in the Eastern Mediterranean” will provide timely studies regarding the Turkish perspective on a complex and increasingly important issue in the global power struggle.

Maritime Disputes in the Eastern Mediterranean

Maritime Disputes in the Eastern Mediterranean PDF Author: Roudi Baroudi
Publisher: Brookings Institution Press
ISBN: 0960012796
Category : Political Science
Languages : en
Pages : 113

Book Description
The ways and means described in this book constitute a road map for responsible members of the international community to work together, reduce tensions, resolve differences over maritime boundaries peacefully, and reap the rewards of a safer, stabler, and more prosperous world. This volume shows that the UN and its associated treaties, courts, and other institutions have developed a body of laws, rules, and procedures guiding the way to negotiated, peaceful outcomes. Mr. Baroudi’s book also points to rapid advances of science and technology that take much of the guesswork out of boundary delineation, making this route more reliable and user-friendly than ever before. The successful use of these mechanisms would set a useful example for the resolution of boundary disputes in other regions of the world. That, in turn would restore confidence in the international rules-based system and could pave the way for the settling of some of the world’s most troubling and dangerous disputes.

Nuclear Radioactive Materials in the Oil and Gas Industry

Nuclear Radioactive Materials in the Oil and Gas Industry PDF Author: Khalid Alnabhani
Publisher: Elsevier
ISBN: 0128168269
Category : Technology & Engineering
Languages : en
Pages : 330

Book Description
Nuclear Radioactive Materials in the Oil and Gas Industry comprehensively discusses the TENORMs generated from various types of oil and gas processes and their associated adverse human health effects, effective TENORM waste management strategies, and the quantitative risk analysis. The book thoroughly investigates current knowledge, addressing the three main gaps identified in available studies: 1) Exposure to radioactivity, 2) High volume waste as a source of radiation exposure, and 3) A lack of uniform, international safety regulations. This book offers researchers, scientists and graduate and undergraduate students a comprehensive and well-researched reference that covers fundamental concepts, problem identification and solutions development. It is an ideal, comprehensive guideline for professionals involved in the oil and gas and nuclear industries who are concerned about radiological issues. - Demystifies NORM and TENORM concepts and redefines TENORM from technical and nuclear scientific perspectives - Addresses statistically representative data of quantitative risk assessment and dynamic accident modeling - Stresses the need for legislation and consistency of safety standards relating to radiological risks posed by TENORM on health and the environment

Smoke on the Water

Smoke on the Water PDF Author: Dario Fazzi
Publisher: Columbia University Press
ISBN: 0231559372
Category : Nature
Languages : en
Pages : 158

Book Description
The U.S. government, military, and industry once saw ocean incineration as the safest and most efficient way to dispose of hazardous chemical waste. Beginning in the late 1960s, toxic chemicals such as PCBs and other harmful industrial byproducts were taken out to sea to be destroyed in specially designed ships equipped with high-temperature combustion chambers and smokestacks. But public outcry arose after the environmental and health risks of ocean incineration were exposed, and the practice was banned in the early 1990s. Smoke on the Water traces the rise and fall of ocean incineration, showing how a transnational environmental movement tested the limits of U.S. political and economic power. Dario Fazzi examines the anti-ocean-incineration movement that emerged on both sides of the Atlantic, arguing that it succeeded by merging local advocacy with international mobilization. He emphasizes the role played at the grassroots level by women, migrant workers, and other underrepresented groups who were at greatest risk. Environmental groups, for their part, gathered and shared evidence about the harms of at-sea incineration, building scientific consensus and influencing international debates. Smoke on the Water tells the compelling story of a campaign against environmental degradation in which people from marginalized communities took on the might of the U.S. military-industrial complex. It offers new insights into the transnational dimensions of environmental regulation, the significance of nonstate actors in international history, and the making of environmental justice movements.

Regulations in the Energy Industry

Regulations in the Energy Industry PDF Author: André Dorsman
Publisher: Springer Nature
ISBN: 3030322963
Category : Business & Economics
Languages : en
Pages : 263

Book Description
This book provides a broad overview of the financial, economic and legal implications of energy industry regulations in various countries. In light of significant changes around the globe, it analyses various institutions that are involved in regulative measures, and based on various country studies, it offers insights into how energy sector regulations differ across countries with different market structures and institutions. Covering major topics such as laws and regulations geared to market competition and sustainability and the impact of noncompliance to regulations, from the perspectives of financial markets, and financial risks, the book is divided into four parts: Part I Regulations: price and trade controls; Part II. Non-price & trade control regulations; Part III: Compliance with regulations; and Part IV: Market issues and regulation. It will appeal to scholar in economics, finance and related fields as well as to policymakers and practitioners in the energy industry. This is the seventh volume in a series on energy organized by the Centre for Energy and Value Issues (CEVI). The previous volumes in the series were: Financial Aspects in Energy (2011), Energy Economics and Financial Markets (2012), Perspectives on Energy Risk (2014), Energy Technology and Valuation Issues (2015), Energy and Finance (2016) and Energy Economy, Finance and Geostrategy (2018).