The Challenge of Energy Security in the 21st Century

Trends of Significance

Hooman Peimani

Publication Year: 2011

The Challenge of Energy Security in the 21st Century: Trends of Significance seeks to inform all those concerned about energy security, whether national, regional or international bodies, of certain factors, which must be taken into consideration in developing their energy security policies and pursuing their respective objectives. Towards that end, this book reveals certain significant trends of importance to the major energy-producing and energy-consuming regions. Through its unique analysis, it sheds light on how such trends will affect the energy security policies of all the producers and consumers of energy, large and small, in one form or another, in the foreseeable future.

Published by: Institute of Southeast Asian Studies

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I acknowledge with appreciation the valuable assistance of the following members of the Energy Security Division of the Energy Studies Institute, National University of Singapore: Krishna Mayur Booluck, Koh Chung Wei, Nicholas and Geoffrey Kevin Pakiam. This book could not be completed...

About the Contributors

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pp. xvii-xix

Hooman PEIMANI (Ph.D.) is the Head of Energy Security Division at the Energy Studies Institute based at the National University of Singapore. Drawing on his years of work experience with academic (e.g., Geneva School of Diplomacy) and non-academic, private and public (Canadian Government)...

1. Introduction

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pp. 1-7

Perhaps the twenty-first century could be named the energy century for at least two major reasons. On the one hand, global energy requirements are expanding on a steady basis, corrected for short periods of fluctuations in demand caused by ups and downs in the performance of all economies, especially the large and/or growing ones. All projections for the foreseeable...

2. Global Trends in Renewable Electricity, Renewable Fuels, and Markets for Renewable Heating and Cooling

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pp. 8-38

Renewable resources of energy have immense potential to supply a much larger fraction of the world’s electricity, fuel for transportation, and heat and other energy services. Renewable energy can be utilized through a variety of sources, approaches, systems, and technologies...

3. Resource Mutualism or Codependence? The Water-Energy Nexus in Asia

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pp. 39-79

Traditional interpretations of energy security have centred on supply-side issues of fuel availability, supplier reliability, import dependence, price, and political stability, and have only recently considered the role of social impacts and environmental acceptability. Still absent is an articulation of vulnerabilities caused by non-energy inputs. Nuclear plants cannot generate electricity...

4. OPEC's Long-Term Role in Affecting Energy Security

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pp. 80-104

Despite a growing concern about fossil energy’s contribution to environmental degradation and, particularly, global warming, oil, natural gas, and coal have remained the major sources of energy worldwide. In particular, oil has been the most commonly used type of fossil energy for about a century because of its abundance and also its relatively easier process of extraction, transportation...

5. Whither a Gas OPEC? Not in the Pipeline

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pp. 105-131

At the close of the year 2009, the natural gas market appears poised for significant changes to the industry. From the macroeconomic perspective, growing confidence in the sustainability of a post-recession recovery heralds the promise of an increase in energy demand. However, this is tempered by an overhang of fiscal indebtedness and trade deficit plaguing developed...

6. Shared Interests or Competing Actons: What Drives Energy Security Cooperation between Asia and Europe?

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pp. 132-160

Dwindling resources for fossil fuels, rising prices for oil and gas, the threat of climate change, the urgent need to reduce emissions, and the quest for economic growth are some of the factors affecting energy policies in countries in Asia¹ and Europe and leading to certain trends in the area of energy cooperation. The issue of energy has long been on the political agenda of the...

7. Conclusion

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pp. 161-168

Without a doubt, energy is a major challenge of the twenty-first century for all economies, large and small alike. The economic upheaval of 2007–10 led to a deep recession in many countries, particularly the largest energy consumers, with the effect of sharply decreasing economic activities and, therefore, energy consumption. In January 2011, there are weak signs of recovery in...

Index

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pp. 169-178

E-ISBN-13: 9789814311625
Print-ISBN-13: 9789814311618

Page Count: 178
Publication Year: 2011

Edition: 1