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Resilience, reliability and gas to power systems in the USA: an energy policy outlook in the era of decarbonization 美国的弹性、可靠性和天然气到电力系统:脱碳时代的能源政策展望
The Journal of World Energy Law & Business Pub Date : 2021-07-27 DOI: 10.1093/jwelb/jwab022
T. Oyewunmi
{"title":"Resilience, reliability and gas to power systems in the USA: an energy policy outlook in the era of decarbonization","authors":"T. Oyewunmi","doi":"10.1093/jwelb/jwab022","DOIUrl":"https://doi.org/10.1093/jwelb/jwab022","url":null,"abstract":"\u0000 This article examines the requirements of resilience and reliability for gas to power systems planning in an era of decarbonization. It recongizes that energy transitions and decarbonization portend an increasing competition between various traditional and emerging net-zero, carbon neutral and low-carbon energy sources and technologies. Likewise, energy policy development has traditionally focused on the dimensions of affordability, sustainability, cost-efficiency through viable markets and security of supply. Recent disruptive events that may or may not be attributable to climate change have tested the resiliency of energy networks. Thus, energy policy and planning now require a more comprehensive outlook that includes the dimension of resilience. Also, there is the need to prevent or effectively manage the aftermath of disruptive events, rather than a piecemeal focus on hardening infrastructure against one or more issues such as cyber-security and functionality of energy networks in adverse conditions. This article discusses resilience and reliability as key dimensions of US energy policy from a public choice law and economics purview. It builds on the premise that politicians, administrative agencies and other stakeholders in the energy sector can be irrational and therefore unable to identify and implement the policy package that is in the public interest if not properly guided. It considers the role of investments in resilience and systems planning. It also underscores the need for developing a more efficient framework that would enable relevant stakeholders to avoid the risk of opportunity cost neglect, informational gaps and fragmented institutional coordination that could escalate the social, health, safety and economic impacts of future disruptive events such as the February 2021 winter storm Uri that tested the resilience of energy supply infrastructure in the US.","PeriodicalId":427865,"journal":{"name":"The Journal of World Energy Law & Business","volume":"28 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-07-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133819616","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 4
Is the German Nuclear strategy lawful under EU law? Article 194(2) TFEU and its limitations 根据欧盟法律，德国的核战略是否合法?第194(2)条TFEU及其限制
The Journal of World Energy Law & Business Pub Date : 2021-07-27 DOI: 10.1093/jwelb/jwab023
Gustavo Rochette
{"title":"Is the German Nuclear strategy lawful under EU law? Article 194(2) TFEU and its limitations","authors":"Gustavo Rochette","doi":"10.1093/jwelb/jwab023","DOIUrl":"https://doi.org/10.1093/jwelb/jwab023","url":null,"abstract":"\u0000 Germany streamlined its nuclear phase-out policy following the Fukushima Daishi nuclear accident, planning to decommission all of its nuclear capacity by 2022. As a member of the EU, although Germany is entitled to determine its own energy mix pursuant to Article 194(2) of the TFEU, this policy may conflict with other EU legislation and jurisprudence relevant to the EU energy sector. In particular, in this paper, we argue that the German nuclear phase-out may be contrary to the European Atomic Energy Community Treaty and the primary and secondary EU legislation regarding security of energy supply. We explore how Germany’s commitments under this legislation act as a limitation to its national energy policy autonomy and might entail the unlawfulness of the German nuclear phase-out strategy.","PeriodicalId":427865,"journal":{"name":"The Journal of World Energy Law & Business","volume":"5 2","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-07-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131775777","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Up To Heaven and Down To Hell by Colin Jerolmack 《上天堂下地狱》作者:科林·杰罗马克
The Journal of World Energy Law & Business Pub Date : 2021-07-22 DOI: 10.1093/jwelb/jwab024
Carmalt Samuel
{"title":"Up To Heaven and Down To Hell by Colin Jerolmack","authors":"Carmalt Samuel","doi":"10.1093/jwelb/jwab024","DOIUrl":"https://doi.org/10.1093/jwelb/jwab024","url":null,"abstract":"","PeriodicalId":427865,"journal":{"name":"The Journal of World Energy Law & Business","volume":"25 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-07-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115186197","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
The energy security and insecurity of Bangladesh: a critical analysis 孟加拉国的能源安全和不安全:一个批判性的分析
The Journal of World Energy Law & Business Pub Date : 2021-07-22 DOI: 10.1093/jwelb/jwab020
Chowdhury Irad Ahmed Siddiky
{"title":"The energy security and insecurity of Bangladesh: a critical analysis","authors":"Chowdhury Irad Ahmed Siddiky","doi":"10.1093/jwelb/jwab020","DOIUrl":"https://doi.org/10.1093/jwelb/jwab020","url":null,"abstract":"The last five years have seen Bangladesh making good progress in adding various energy mixes to its supply of energy for domestic consumption. The GDP of the country grew at 8 per cent in the year before the pandemic. This was possible due to certain policy-level decisions by the government to increase the production of energy, implementing short-term projects for electricity generation and the flexibility of the industrial sector. The country now has a plan to increase its energy security and lower its reliability on imported energy. The purpose of this article is to discuss and analyse the various policies and the challenges that the government faces in order to ensure the country’s energy security.","PeriodicalId":427865,"journal":{"name":"The Journal of World Energy Law & Business","volume":"40 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-07-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133551721","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Is the lack of exploration by Petrobangla hurting Bangladesh? An analysis 孟加拉国国家石油公司(Petrobangla)缺乏勘探是否正在伤害孟加拉国?一个分析
The Journal of World Energy Law & Business Pub Date : 2021-07-20 DOI: 10.1093/JWELB/JWAB028
Chowdhury Irad Ahmed Siddiky
{"title":"Is the lack of exploration by Petrobangla hurting Bangladesh? An analysis","authors":"Chowdhury Irad Ahmed Siddiky","doi":"10.1093/JWELB/JWAB028","DOIUrl":"https://doi.org/10.1093/JWELB/JWAB028","url":null,"abstract":"\u0000 A prolonged gas crisis has led to stagnation in Bangladesh’s manufacturing sector, which in turn has lowered the country’s GDP. Although 1000–1500 MW of installed power capacity remains idle, the government has not been able to use this redundant capacity to its advantage. To the dismay of many experts, new gas connections to meet industrial needs have been suspended for the last 8 years. This commentary explores the current exploration status of the natural gas sector in Bangladesh and concludes that the performance of various state-run companies will not be sufficient to meet the energy demands of Bangladesh’s economy.","PeriodicalId":427865,"journal":{"name":"The Journal of World Energy Law & Business","volume":"61 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-07-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128243740","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
Chaos at the Gates: The impacts of the COVID-19 pandemic and energy price shocks on South Korea’s gas industry amid energy transition 在能源转型中，新冠肺炎疫情和能源价格冲击对韩国天然气产业的影响
The Journal of World Energy Law & Business Pub Date : 2021-06-18 DOI: 10.1093/jwelb/jwab018
Francesco Sassi, Francesca Frassineti
{"title":"Chaos at the Gates: The impacts of the COVID-19 pandemic and energy price shocks on South Korea’s gas industry amid energy transition","authors":"Francesco Sassi, Francesca Frassineti","doi":"10.1093/jwelb/jwab018","DOIUrl":"https://doi.org/10.1093/jwelb/jwab018","url":null,"abstract":"\u0000 South Korea was one of the first countries to be hit by the coronavirus infections. Having rapidly contained the health emergency in the immediate period, Seoul arguably mitigated the economic fallouts more successfully than the majority of advanced economies but could not avoid substantial losses. The far-reaching fallout of COVID-19 has been testing the country’s energy transition pathway, as actors involved are facing difficult decisions amid more stringent financial constraints to deliver their ambitious targets, including achieving carbon neutrality by 2050. Amid the combined effects of the pandemic and the global energy prices shocks, addressing the nexus between energy security on the supply side, affordability, and the safety of people’s lives and property, has become even more pressing. Against this backdrop, natural gas has tailored a special role to bridge the low carbon re-alignment of the entire Korean energy system, also in the face of the current and future challenges to Korea’s energy security. But long-drawn hurdles stemming from rather unsuccessful efforts to reform the gas system risk weakening its ability to cope with present uncertainties and heightened volatilities.","PeriodicalId":427865,"journal":{"name":"The Journal of World Energy Law & Business","volume":"68 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-06-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121108176","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
Law and economics challenges of natural gas—the hard case of Mexico 天然气的法律和经济挑战——墨西哥的难题
The Journal of World Energy Law & Business Pub Date : 2021-06-13 DOI: 10.1093/JWELB/JWAB017
M. Cervantes, R. Rivera
{"title":"Law and economics challenges of natural gas—the hard case of Mexico","authors":"M. Cervantes, R. Rivera","doi":"10.1093/JWELB/JWAB017","DOIUrl":"https://doi.org/10.1093/JWELB/JWAB017","url":null,"abstract":"\u0000 This article addresses the risks and uncertainties for Mexico derived from the excessive dependency on US natural gas. It will take as a reference Btu price fluctuation and the covenants contained on the based contract for sale and purchase of natural gas, particularly in the context of the behaviour displayed by market participants (including governments) during the recent winter storm energy crisis in Texas which consequently forced shortages in Mexico due to a lack of ‘available’ natural gas to produce power (electricity). The research question includes: Should Mexico exploit its vast natural gas resources although it might not be a sustainable or a cost-effective (economically–socially and environmentally) decision? (The curse of the TEX-MEX-NG). Or instead, would it be better to prepare (within the limits of its financial situation) to address the US natural gas price fluctuations, like price hedging? Or a combination of both?","PeriodicalId":427865,"journal":{"name":"The Journal of World Energy Law & Business","volume":"125 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-06-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122494953","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Value Factors, Capture Prices and Cannibalism: nightmares for renewable energy decision-makers 价值因素、捕获价格和同类相食:可再生能源决策者的噩梦
The Journal of World Energy Law & Business Pub Date : 2021-05-31 DOI: 10.1093/JWELB/JWAB027
Eike Blume-Werry, Claus Huber, G. Resch, R. Haas, M. Everts
{"title":"Value Factors, Capture Prices and Cannibalism: nightmares for renewable energy decision-makers","authors":"Eike Blume-Werry, Claus Huber, G. Resch, R. Haas, M. Everts","doi":"10.1093/JWELB/JWAB027","DOIUrl":"https://doi.org/10.1093/JWELB/JWAB027","url":null,"abstract":"\u0000 Renewable energy sources increasingly seek to compete in electricity markets outside of traditional support schemes. In this context, market values and the cannibalization risks of wind and solar photovoltaic (PV) take on crucial roles for investment decisions and potential investors. Most existing studies analyse the market value of renewables at different penetration levels, looking at the extent to which PV panels and wind turbines cannibalize their own market revenues. This article explores how other market and policy drivers affect wind and PV value factors and capture prices in real-world settings over the next three decades. To this end, we model and analyse a number of scenarios with altered natural gas, coal and carbon prices as well as varied availabilities of wind and PV in Europe. We find that higher natural gas and carbon prices result in lower wind and PV value factors and vice versa, while the influence of coal prices is rather limited. Our results show substantial merit order effects on absolute wind and PV capture prices, following varied availabilities yet no significant cross-cannibalization between the two technologies.","PeriodicalId":427865,"journal":{"name":"The Journal of World Energy Law & Business","volume":"30 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-05-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132972598","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 7
Damilola S. Olawuyi, Local Content and Sustainable Development in Global Energy Markets, Cambridge University Press, 2021, 425pp, ISBN 978 1 108 49537 0 Damilola S. Olawuyi，全球能源市场的本地内容和可持续发展，剑桥大学出版社，2021,425页，ISBN 978 1 108 49537 0
The Journal of World Energy Law & Business Pub Date : 2021-05-26 DOI: 10.1093/JWELB/JWAB026
P. Roberts
{"title":"Damilola S. Olawuyi, Local Content and Sustainable Development in Global Energy Markets, Cambridge University Press, 2021, 425pp, ISBN 978 1 108 49537 0","authors":"P. Roberts","doi":"10.1093/JWELB/JWAB026","DOIUrl":"https://doi.org/10.1093/JWELB/JWAB026","url":null,"abstract":"","PeriodicalId":427865,"journal":{"name":"The Journal of World Energy Law & Business","volume":"21 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-05-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122069855","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Manuel W. Haussner, Including Consumption in Emissions Trading—Economic and Legal Considerations 《包括排放交易中的消费——经济和法律考虑》，曼努埃尔·豪斯纳著
The Journal of World Energy Law & Business Pub Date : 2021-05-19 DOI: 10.1093/JWELB/JWAB025
P. Roberts
{"title":"Manuel W. Haussner, Including Consumption in Emissions Trading—Economic and Legal Considerations","authors":"P. Roberts","doi":"10.1093/JWELB/JWAB025","DOIUrl":"https://doi.org/10.1093/JWELB/JWAB025","url":null,"abstract":"","PeriodicalId":427865,"journal":{"name":"The Journal of World Energy Law & Business","volume":"128 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-05-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121594974","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
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