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The Climate and Environmental Change, Political and Economical issues nowadays are forcing many countries to reconsider their way of energy production and consumption. Thus, the Russian Federation recently (2011) has completed major reconfiguration of the sector. This book is giving a comprehensive overview of the sector after the decade of restructuring. It determines political and economical development of the sector identifies technical capabilities, current and future energy matrix. Taking into the account, that the country has high amount of conventional resources, the author reviews energy efficiency potential and programs, capacities for penetration of innovative smart technologies and for expansion of environmentally friendly solutions for energy production and consumption. She also analyzes and concludes the range of technical and economical potential for renewable energy boost at the main land as well as at remote areas. As presented in the book, the result of the research gives a broad notion of possible directions of the Russian electricity sector development for the next 20 years.
The Climate and Environmental Change, Political and Economical issues nowadays are forcing many countries to reconsider their way of energy production and consumption. Thus, the Russian Federation recently (2011) has completed major reconfiguration of the sector. This book is giving a comprehensive overview of the sector after the decade of restructuring. It determines political and economical development of the sector identifies technical capabilities, current and future energy matrix. Taking into the account, that the country has high amount of conventional resources, the author reviews energy efficiency potential and programs, capacities for penetration of innovative smart technologies and for expansion of environmentally friendly solutions for energy production and consumption. She also analyzes and concludes the range of technical and economical potential for renewable energy boost at the main land as well as at remote areas. As presented in the book, the result of the research gives a broad notion of possible directions of the Russian electricity sector development for the next 20 years.
The world is currently undergoing an historic energy transition, driven by increasingly stringent decarbonisation policies and rapid advances in low-carbon technologies. The large-scale shift to low-carbon energy is disrupting the global energy system, impacting whole economies, and changing the political dynamics within and between countries. This open access book, written by leading energy scholars, examines the economic and geopolitical implications of the global energy transition, from both regional and thematic perspectives. The first part of the book addresses the geopolitical implications in the world’s main energy-producing and energy-consuming regions, while the second presents in-depth case studies on selected issues, ranging from the geopolitics of renewable energy, to the mineral foundations of the global energy transformation, to governance issues in connection with the changing global energy order. Given its scope, the book will appeal to researchers in energy, climate change and international relations, as well as to professionals working in the energy industry.
A discerning analysis of the future effects of climate change on Russia, the major power most dependent on the fossil fuel economy. Russia will be one of the countries most affected by climate change. No major power is more economically dependent on the export of hydrocarbons; at the same time, two-thirds of RussiaÕs territory lies in the arctic north, where melting permafrost is already imposing growing damage. Climate change also brings drought and floods to RussiaÕs south, threatening the countryÕs agricultural exports. Thane Gustafson predicts that, over the next thirty years, climate change will leave a dramatic imprint on Russia. The decline of fossil fuel use is already underway, and restrictions on hydrocarbons will only tighten, cutting fuel prices and slashing RussiaÕs export revenues. Yet Russia has no substitutes for oil and gas revenues. The country is unprepared for the worldwide transition to renewable energy, as Russian leaders continue to invest the national wealth in oil and gas while dismissing the promise of post-carbon technologies. Nor has the state made efforts to offset the direct damage that climate change will do inside the country. Optimists point to new opportunitiesÑhigher temperatures could increase agricultural yields, the melting of arctic ice may open year-round shipping lanes in the far north, and Russia could become a global nuclear-energy supplier. But the eventual post-Putin generation of Russian leaders will nonetheless face enormous handicaps, as their country finds itself weaker than at any time in the preceding century. Lucid and thought-provoking, Klimat shows how climate change is poised to alter the global order, potentially toppling even great powers from their perches.
Global energy is on the cusp of change, and it has become almost a truism that energy is in transition. But what does this notion mean exactly? This book explores the working hypothesis that, characteristically, the energy system requires a strategy of the international community of states to deliver sustainable energy to which all have access. This strategy is for establishing rules-based governance of the global energy value-cycle. The book has four substantive parts that bring together contributions of leading experts from academia and practice on the law, policy, and economics of energy. Part I, 'The prospects of energy transition', critically discusses the leading forecasts for energy and the strategies that resource-rich countries may adopt. Part II, 'Rules-based multilateral governance of the energy sector', details the development and sources of rules on energy. Part III, 'Competition and regulation in transboundary energy markets', discusses principal instruments of rules-based governance of energy. Part IV, 'Attracting investments and the challenges of multi-level governance', focuses on the critical governance of the right investments. This book is a flagship publication of the Centre for Energy, Petroleum and Mineral Law and Policy at the University of Dundee. It launches the Hart series 'Global Energy Law and Policy' and is edited by the series general editors Professors Peter D Cameron and Volker Roeben, and also Dr Xiaoyi Mu.
Given Australia’s lack of energy security strategy, it is not surprising that the country is void of institutional knowledge and know-how of Russian foreign energy strategy. The ‘lucky country’ as it were, relies entirely on sea-lines of communication to the north to supply fuel and to export Australian coal and natural gas. Australia has entered the 2020s as the world’s largest liquefied natural gas (LNG) exporter; however, maintaining complacency in Canberra’s current export activities will ultimately lead to a long-term security crisis. This book critically examines Russian energy strategy in the Asia-Pacific, with a view to determining the security implications for Australia. Russia is important for global energy security chains because of its vast resource wealth and its geographical position – a pivotal position to supply both the European and Asian markets. Australia has no such luxury, geographically constrained as an island continent; it relies on the nearby Asia-Pacific import market to demand our energy and to facilitate the delivery of our national oil supplies. Understanding Russian foreign energy strategy in the region is crucial given the growing energy requirements in Australia’s emerging Asia-Pacific arena.
A Foreign Affairs Best Book of the Year on Eastern Europe and the Former Soviet Republics The Russian oil industry—which vies with Saudi Arabia as the world’s largest producer and exporter of oil, providing nearly 12 percent of the global supply—is facing mounting problems that could send shock waves through the Russian economy and worldwide. Wheel of Fortune provides an authoritative account of this vital industry from the last years of communism to its uncertain future. Tracking the interdependence among Russia’s oil industry, politics, and economy, Thane Gustafson shows how the stakes extend beyond international energy security to include the potential threat of a destabilized Russia. “Few have studied the Russian oil and gas industry longer or with a broader political perspective than Gustafson. The result is this superb book, which is not merely a fascinating, subtle history of the industry since the Soviet Union’s collapse but also the single most revealing work on Russian politics and economics published in the last several years.” —Robert Legvold, Foreign Affairs “The history of Russia’s oil industry since the collapse of communism is the history of the country itself. There can be few better guides to this terrain than Thane Gustafson.” —Neil Buckley, Financial Times
For a long time Russia’s position as a key global energy player has enhanced Moscow’s international economic and political influence whilst causing concern amongst other states fearful of becoming too dependent on Russia as an energy supplier. The Global Financial Crisis shook this established image of Russia as an indispensable energy superpower, immune to negative external influences and revealed the full extent of Russia’s dependence on oil and gas for economic and political influence. This led to calls from within the country for a new approach where energy resources were no longer regarded wholly as an asset, but also a potential curse resulting in an over reliance on one sector thwarting modernization of the economy and the country as a whole. In this fascinating and timely volume leading Russian and Western scholars examine various aspects of Russian energy policy and the opportunities and constraints that influence the choices made by the country’s energy decision makers. Contributors focus on Russia’s energy relations with the rest of the world alongside internal debates about the need for diversification and modernisation in a changing economy, country and world system where overdependence on energy commodities has become a key concern for customer and supplier alike.