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Addressing the important issues of worldwide energy price risk management, this work assembles the leading industry figures to explain general theories and practices for hedging risk, and specific methods to effectively manage risk in markets such as coal, natural gas, electricity, and hydropower.
After the advent of the industrial revolution, the world experienced a rapid change in technology and lifestyle, which has led to a dramatic increase in energy demand. Unfortunately, many of the energy resources used in the past have negatively impacted the environment, from greenhouse gases to the depletion of natural resources. Society now faces the challenge of ensuring sustainable and clean energy production so that society may receive efficient energy without damaging the Earth’s health. In order to promote an environmentally healthy society, strategic green policies must be developed. Eco-Friendly and Agile Energy Strategies and Policy Development establishes interdisciplinary coverage in sustainable energy development by strategic thinking and lifestyle changes by designing agile energy strategies and policies. It offers research, experiences, and lessons learned that offer integrated conceptual and empirical contributions from different interrelated fields. Covering topics such as energy security risks, green economy, and solar power plants, this premier reference source is an indispensable resource for engineers, government officials, business leaders, environmentalist organizations, economists, sociologists, students and educators of higher education, libraries, researchers, and academicians.
In this book, a number of long-term energy scenarios are developed for Nigeria considering the impact of vital factors that may influence energy policies in the country’s future energy system. The energy scenarios were developed through the Long-Range Energy Alternatives Planning System (LEAP) model. The model identified the future energy demand and supply pattern using a least-cost combination of technology options while limiting the emission of greenhouse gases. The book presents four scenarios, and key parameters considered include GDP, households, population, urbanization and the growth rates of energy-intensive sectors. Further, it highlights the findings of the cost-benefit analysis, which reveal the costs of implementing selected policies and strategies in Nigeria, including those focusing on energy efficiency and fuel/technology switching. The book also discusses the application of the LEAP-OSeMOSYS Model in order to identify lowest-cost power plants for electricity generation. Some sustainable strategies that can ensure a low carbon development in Nigeria are also explored on the basis of successful country cases in relation to the Nigerian LEAP model. As such, the book will help policy makers devise energy and sustainable strategies to achieve low carbon development in Nigeria.
The global energy system stands at the verge of a far-reaching paradigm shift. The established model of centralized supply services will be challenged by new, decentralized technologies, with Germany being an international role model for energy efficiency and renewable energy generation.
Offering practical treatment strategies for CO2 emission generated from various energy-related sources, CO2 Capture, Utilization, and Sequestration Strategies emphasizes carbon capture, utilization, and sequestration (CCUS) with special focus on methods for each component of the strategy. While other books mostly focus on CCS strategy for CO2, this book details the technologies available for utilization of CO2, showing how it can be a valuable renewable source for chemicals, materials, fuels, and power instead of a waste material damaging the environment. Highlights current and potential future commercially viable CCUS strategies Discusses applications for direct and the more complex indirect utilization of CO2 streams Examines viability of the mineral carbonation process and biological treatments to convert CO2 into useful biochemicals, biomaterials, and biofuels Explores heterogeneous catalysis for thermal and electrochemical conversion and solar energy-based thermal, photo-thermal, and photocatalytic conversion of CO2 Presents the rapidly growing concept of plasma-activated catalysis for CO2 conversion CO2 Capture, Utilization, and Sequestration Strategies is a valuable reference for researchers in academia, industry, and government organizations seeking a guide to effective CCUS processes, technologies, and applications.
Energy security has become a top priority issue for the United States and countries around the globe, but what does the term "energy security" really mean? For many it is assuring the safe supply and transport of energy as a matter of national security. For others it is developing and moving toward sustainable and low-carbon energy sources to avoid environmental catastrophe, while still others prioritize affordability and abundance of supply. The demand for energy has ramifications in every part of the globe—from growing demand in Asia, to the pursuit of reserves in Latin America and Africa, to the increased clout of energy-producing states such as Russia and Iran. Yet the fact remains that the vast majority of global energy production still comes from fossil fuels, and it will take a thorough understanding of the interrelationships of complex challenges—finite supply, environmental concerns, political and religious conflict, and economic volatility—to develop policies that will lead to true energy security. In E nergy Security, Brookings scholars present a realistic, cross-disciplinary look at the American and global quests for energy security within the context of these geopolitical, economic, and environmental challenges. For example, political analysts Pietro Nivola and Erin Carter wrap their arms around just what is means to be "energy independent" and whether that is an advisable or even feasible goal. Suzanne Maloney addresses "Energy Security in the Persian Gulf: Opportunities and Challenges," while economist Jason Bordoff and energy analyst Bryan Mignone trace the links between climate policies and energy-access policies. Carlos Pascual and his colleagues examine delicate geopolitical issues. Assuring long-term energy security remains one of the industrialized world's most pressing priorities, but steps in that direction have been controversial and often dangerous, and results thus far have been tenuous. In this insightful volume, Brookings