Besides China, Northeast Asia includes other important energy consumers: Japan and South Korea. These OECD-member economies are highly dependent on imports (which account for more than 80% of domestic consumption in both cases), especially of oil and natural gas, and their energy security has...

The OPEC Website holds an interesting FAQS (Frequently Asked Questions) about oil industry. The questions are very simple. Anybody could ask them. And the answers are still as simple as could be. You do not need to be an economist to understand these quite complicated issues - as we used to...

Natural gas is considered one of the ultimate fuel for power generation and domestic consumption in the 21st Century due to its attractive environmental qualities. Due to this, the government of Ghana introduced a subsidized cylinder policy in the early 1990s to encourage the consumption of...

Energy has been at the core of the EU integration since its inception. However, following the path of a shooting star, the key role of energy gradually declined over time, to the level of being basically left out from the Treaties, at least up to Lisbon. The EU has struggled to circumnavigate...

Three case studies illustrate some of the secondary consequences of the search for energy security and its relationship to regional trade and cooperation: the role of the People's Republic of China, the emerging market in biofuels in Southeast Asia, and diverse feed-in tariffs for renewable...

The study applies key indicators of the energy security vulnerability index to examine the sensitivity and vulnerability of the Malaysian economy to energy supply disruptions and further test the potential impact of this energy supply disruption indicators on major economic indices such as the...

Over the last two decades energy has emerged as an increasingly important component of the overall EU-Turkey relations. In particular, the Southern Gas Corridor (SGC) and its flagship project, Nabucco, soon became the pivotal element of the EU-Turkey energy relations. After years of strong...

Sweden faces a major challenge in the next decades because of a projected increase in electricity demand, aging supply infrastructure and the transition to an energy system with a substantial share of weather-dependent production. This paper discusses the incentives to invest in production...

Energy security is a burning issue in a world where 1.4 billion people still have no access to electricity. This pioneering book is about finding solutions for energy security through the international trading system. Focusing mainly on the European Union (EU) as a case study, this holistic and...

A package of economic sanctions has been approved by the U.S. Congress in late June followed by President Obama’s signature, in the hope of pressuring Iran to suspend its nuclear program. The United Nations, for its part, recently imposed a fourth round of sanctions on Iran in an attempt to...