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The Journal of World Energy Law & Business最新文献

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Trust in the invisible hand? The roles of the State and the markets in EU energy law 相信看不见的手?国家和市场在欧盟能源法中的作用
The Journal of World Energy Law & Business Pub Date : 2020-03-01 DOI: 10.1093/jwelb/jwaa003
K. Huhta
{"title":"Trust in the invisible hand? The roles of the State and the markets in EU energy law","authors":"K. Huhta","doi":"10.1093/jwelb/jwaa003","DOIUrl":"https://doi.org/10.1093/jwelb/jwaa003","url":null,"abstract":"\u0000 The article analyses the European Union (EU) legal approaches that govern security of electricity supply. This legal analysis demonstrates how EU law allocates power and responsibility between the State and the markets in the electricity sector to ensure the uninterrupted availability of affordable electricity. The article argues that the allocation of roles and responsibilities has been similarly structured in respect of different timescales of security of supply in the Clean Energy for All Europeans package. This legal structure relies heavily on the invisible hand of the market, in which context the role of the State is limited to providing a fallback in the event that the market is unable to achieve the objective of security of electricity supply.","PeriodicalId":427865,"journal":{"name":"The Journal of World Energy Law & Business","volume":"12 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121417793","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: 5
tCO2e—a new pricing model for LNG? tco20——LNG的新定价模式?
The Journal of World Energy Law & Business Pub Date : 2020-03-01 DOI: 10.1093/JWELB/JWAA020
P. Roberts
{"title":"tCO2e—a new pricing model for LNG?","authors":"P. Roberts","doi":"10.1093/JWELB/JWAA020","DOIUrl":"https://doi.org/10.1093/JWELB/JWAA020","url":null,"abstract":"\u0000 The concept of commercializing natural gas through liquefaction to give liquefied natural gas (LNG), with the capacity for that LNG to be shipped worldwide to meet the demand for clean energy, is well known. The options for, and the opportunities for evolution in, how LNG is priced (whether locally, regionally or even globally, with indexation to crude oil prices or to reported gas hub prices) have also been widely discussed in industry literature. But into the LNG pricing mix, we could soon be adding a new value measure which could have the capacity to shape the way in which LNG production projects are configured—tCO2e (or, to give it its full name, tCO2e/tLNG).","PeriodicalId":427865,"journal":{"name":"The Journal of World Energy Law & Business","volume":"27 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129113938","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
Anatole Boute, Energy Security along the New Silk Road: Energy Law and Geopolitics in Central Asia 新丝绸之路沿线的能源安全:中亚的能源法和地缘政治
The Journal of World Energy Law & Business Pub Date : 2020-02-10 DOI: 10.1093/jwelb/jwaa005
Peng Wang
{"title":"Anatole Boute, Energy Security along the New Silk Road: Energy Law and Geopolitics in Central Asia","authors":"Peng Wang","doi":"10.1093/jwelb/jwaa005","DOIUrl":"https://doi.org/10.1093/jwelb/jwaa005","url":null,"abstract":"","PeriodicalId":427865,"journal":{"name":"The Journal of World Energy Law & Business","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-02-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122677729","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
Amendments, annexations, alternatives: Nord Stream 2’s contemporary status under EU and international law 修订、兼并、替代方案:北溪2号在欧盟和国际法下的当代地位
The Journal of World Energy Law & Business Pub Date : 2019-12-01 DOI: 10.1093/jwelb/jwz031
Valentin Jeutner
{"title":"Amendments, annexations, alternatives: Nord Stream 2’s contemporary status under EU and international law","authors":"Valentin Jeutner","doi":"10.1093/jwelb/jwz031","DOIUrl":"https://doi.org/10.1093/jwelb/jwz031","url":null,"abstract":"\u0000 Nord Stream 2 is a highly controversial megaproject. This text shows that the political controversy surrounding Nord Stream 2 does not necessarily translate to legal controversy. The text does so by considering three controversially discussed European and international legal aspects of the Nord Stream 2 project. The article commences by evaluating whether and how [whether and how] the recent amendment to the European Union (EU) Directive 2009/73/EC concerning common rules for the internal market in natural gas affects the legal status of Nord Stream 2. The text concludes that Directive 2009/73/EC (as amended) makes it considerably more difficult to operate Nord Stream 2. It will also be established that legal uncertainty remains concerning the amended Directive’s compliance with European and international law, and that bilateral relations between Russia and Germany are, in any case, unaffected by changes in EU law. The article then proceeds to evaluate the argument that Germany’s involvement with Nord Stream 2, in light of Russia’s annexation of Crimea and Sevastopol, violates international law since Germany, by doing so, violates the obligation not to recognize or support annexation by an aggressor state. This argument is rejected. Even if one assumes that Russia’s annexation of Crimea and Sevastopol was unlawful, Germany’s support of Nord Stream 2 cannot be legally construed as support for Russia’s activities concerning Crimea and Sevastopol. Finally, the article considers the international legal framework conditioning the currently still outstanding permission by Denmark to lay Nord Stream 2 pipelines through the Danish territorial sea/the Danish Exclusive Economic Zone. In this regard, it is concluded that the legal scope for Denmark to reject Nord Stream 2’s application for permission to lay the pipeline through Danish waters is very limited.","PeriodicalId":427865,"journal":{"name":"The Journal of World Energy Law & Business","volume":"203 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115028059","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: 5
The effect of non-fiscal clauses in Host Government Instruments on the Fair Market Value of upstream opportunities 东道国政府文书中的非财政条款对上游机会公平市场价值的影响
The Journal of World Energy Law & Business Pub Date : 2019-12-01 DOI: 10.1093/jwelb/jwz032
C. Moore, C. Moyes, P. D. Patterson
{"title":"The effect of non-fiscal clauses in Host Government Instruments on the Fair Market Value of upstream opportunities","authors":"C. Moore, C. Moyes, P. D. Patterson","doi":"10.1093/jwelb/jwz032","DOIUrl":"https://doi.org/10.1093/jwelb/jwz032","url":null,"abstract":"We identify nine categories of clauses in Host Government Instruments (HGIs, ie licences, concessions, production sharing contracts (PSCs), etc.) that potentially affect the Fair Market Value of petroleum exploration and production rights, in addition to the clauses quantifying the fiscal terms. The categories comprise state participation, performance bonds and penalties for failing to perform minimum work programmes, local content, decommissioning, natural gas terms, stabilization, assignment and change of control, renewals and extensions and governance issues. For each category, we review and summarize global practice in the top 50 oil-producing countries. We quantify our analysis using statistics from a data set of 55 representative HGIs, including contemporary alternative types for five countries. The age of each HGI used varies, guided by the history of oil production in each country. Texts are available for 53 HGIs and published summaries are available for the other two. The discussion provides a checklist for use in negotiating new HGIs or performing due diligence for transactions involving existing HGIs. Our choice of representative HGIs and our characterizations of some clauses are both in part subjective. Nevertheless, we suggest the statistics provide a useful guide to trends in global practice.","PeriodicalId":427865,"journal":{"name":"The Journal of World Energy Law & Business","volume":"13 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116677108","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
The blank cheque and the cliff edge 空白支票和悬崖边缘
The Journal of World Energy Law & Business Pub Date : 2019-12-01 DOI: 10.1093/jwelb/jwz033
R. Fowler
{"title":"The blank cheque and the cliff edge","authors":"R. Fowler","doi":"10.1093/jwelb/jwz033","DOIUrl":"https://doi.org/10.1093/jwelb/jwz033","url":null,"abstract":"\u0000 Recent English and Australian court decisions limit the scope of the operator’s authority to incur and charge costs to the joint venture to costs incurred in activities approved by the operating committee. Surprisingly, JOAs do not routinely address the liability of the operator arising from unapproved activities, even though such activities are foreseeable and sometimes difficult to avoid. Losses and liabilities incurred by the operator, including harm to the interests of the non-operators in such circumstances, are left to law and are unlikely to be covered by joint venture insurance.","PeriodicalId":427865,"journal":{"name":"The Journal of World Energy Law & Business","volume":"64 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131982526","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
Transportable nuclear power plants: an enigma of international nuclear liability law 可移动核电站:国际核责任法的一个谜
The Journal of World Energy Law & Business Pub Date : 2019-12-01 DOI: 10.1093/JWELB/JWZ018
J. Handrlica
{"title":"Transportable nuclear power plants: an enigma of international nuclear liability law","authors":"J. Handrlica","doi":"10.1093/JWELB/JWZ018","DOIUrl":"https://doi.org/10.1093/JWELB/JWZ018","url":null,"abstract":"\u0000 On 28th April 2018, the world’s only transportable nuclear power plant (TNPP) ‘Academic Lomonosov’ has left St Petersburg and headed to its base in Chukotka. These developments again triggered the attention of the legal community to various legal aspects of the TNPPs. In this context, different opinions concerning the applicability of the existing nuclear liability conventions vis-á-vis TNPPs were expressed. According to one line of interpretation, the existing nuclear liability conventions do apply also to a TNPP anchored at a coast to deliver electricity to the grid. This article questions such opinion. It argues, that a TNPP cannot be considered a ‘nuclear installation’ in the sense of the existing nuclear liability conventions, when anchored at the coast. In this respect, the article identifies bilateral agreements between the licensing State and the host State to only viable option to address the liability issues arising from a TNPP entering foreign waters to deliver electricity to the domestic grid there.","PeriodicalId":427865,"journal":{"name":"The Journal of World Energy Law & Business","volume":"7 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122429166","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
Dr. Talal Abdulla Al-Emadi, Joint Venture Agreements in the Qatari Gas Industry: A Theoretical and an Empirical Analysis Talal Abdulla Al-Emadi博士，卡塔尔天然气行业的合资协议:理论和实证分析
The Journal of World Energy Law & Business Pub Date : 2019-12-01 DOI: 10.1093/jwelb/jwz034
P. Roberts
{"title":"Dr. Talal Abdulla Al-Emadi, Joint Venture Agreements in the Qatari Gas Industry: A Theoretical and an Empirical Analysis","authors":"P. Roberts","doi":"10.1093/jwelb/jwz034","DOIUrl":"https://doi.org/10.1093/jwelb/jwz034","url":null,"abstract":"","PeriodicalId":427865,"journal":{"name":"The Journal of World Energy Law & Business","volume":"12 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129038107","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
LATIN AMERICA in the decade ahead: moving forward? 未来十年的拉丁美洲:前进吗?
The Journal of World Energy Law & Business Pub Date : 2019-10-01 DOI: 10.1093/jwelb/jwz020
Marilda Rosado, Ilana Zeitone, C. Kowarski
{"title":"LATIN AMERICA in the decade ahead: moving forward?","authors":"Marilda Rosado, Ilana Zeitone, C. Kowarski","doi":"10.1093/jwelb/jwz020","DOIUrl":"https://doi.org/10.1093/jwelb/jwz020","url":null,"abstract":"","PeriodicalId":427865,"journal":{"name":"The Journal of World Energy Law & Business","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131280574","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
How does geopolitics affect energy law: North America—an illustrative example 地缘政治如何影响能源法:北美—一个说明性的例子
The Journal of World Energy Law & Business Pub Date : 2019-10-01 DOI: 10.1093/jwelb/jwz024
Isaac J De León Mendoza, César Fernández Gómez
{"title":"How does geopolitics affect energy law: North America—an illustrative example","authors":"Isaac J De León Mendoza, César Fernández Gómez","doi":"10.1093/jwelb/jwz024","DOIUrl":"https://doi.org/10.1093/jwelb/jwz024","url":null,"abstract":"\u0000 Global energy trade has changed over the last decade. Increased energy flows to Asia present a major shift in energy trade as Asia’s share of global energy demand rises. The shale revolution has enabled the United States (U.S.) to become the world’s largest oil and gas producer accounting for more than half of the world’s production. Renewable energy sources have become more important as countries are challenged to meet the climate goals set by the Paris Agreement. Nuclear Energy seems to be the energy source that can most dramatically help reducing carbon emissions rapidly. Gas demand will grow rapidly over the next 20 years as countries move to decarbonize their energy matrix, given it is a cleaner fuel for power generation than coal. The purpose of this article is to show the effects of global energy trade, its effects on the way countries interact with each other and how local energy law and policy are nonetheless affected by the shifts in the energy market. We will use North America (Canada, Mexico and the U.S.) as an example of the complexity of such interactions and the effects is having (or should have) in regional energy markets. The purpose then of this article is not to attempt to resolve these complex issues, but rather to motivate readers, energy lawyers and policymakers to start asking the right questions regarding global (and local) energy trade.","PeriodicalId":427865,"journal":{"name":"The Journal of World Energy Law & Business","volume":"32 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125372047","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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