Energy infrastructure in India: Profile and risks under climate change

Garg, Amit; Naswa, Prakriti; Shukla, P.R.

doi:10.1016/j.enpol.2014.12.007

Cited by 65 publications

(14 citation statements)

References 14 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…), which can impact and disrupt the oil sector's vital processes, either the supply chain, or the oil sector's actual structure [51,55,77,91,[96][97][98], causing severe complications and many problems to the industry's ageing infrastructure (e.g., buildings, grounds, plants, machinery, and cooling system) [40]. More specifically, processes within the upstream critical service are highly vulnerable to EWEs, as described by literature [51,55,77,91,[96][97][98], while on the contrary, the oil downstream is exposed to EWE according to [27,49,54,55,77,[99][100][101][102][103] and midstream [34,40,76,77,79,[83][84][85][87][88][89][92][93][94][104][105][106][107][108][109][110]…”

Section: The CC Impacts To the Oil Industrymentioning

confidence: 99%

See 1 more Smart Citation

A Review of Climate Change Impacts to Oil Sector Critical Services and Suggested Recommendations for Industry Uptake

Katopodis

Sfetsos

2019

Infrastructures

View full text Add to dashboard Cite

Climate change already has far-reaching impacts on the oil industry, putting the operation, reliability, and growth of the sector at risk. Oil infrastructure has multi-decadal lifetime projections; thus, climate change and extreme weather events such as extreme temperatures, hurricanes, high winds, lightning strikes, storm surges, flooding, etc., pose an extra challenge to the oil supply chain, from upstream to downstream. In this paper, we review the climate change risk assessment frameworks, the impacts of climate change on oil infrastructure, and we identify gaps in the current knowledge, also suggesting future search directions on adapting the oil sector to climate change. The work overviews linkages between climate and oil industry design, operational, and service thresholds in a comprehensive hazard threshold matrix. Existing risk assessment methodologies that account for existing regulatory frameworks and interdependencies with other infrastructures are studied, leading to mitigation, adaptation, and sector resilience recommendations.

show abstract

Section: The CC Impacts To the Oil Industrymentioning

confidence: 99%

“…Interruptions and delays to the whole delivery and distribution system (from tanker trucks, vessels, shipping containers, up to gasoline supply stations) [88][89][90][91][92] Extreme winds can uproot trees and provoke damages to unprotected electromechanical equipment, meters, occurring interruptions and delays…”

Section: High Winds/hurricanesmentioning

confidence: 99%

A Review of Climate Change Impacts to Oil Sector Critical Services and Suggested Recommendations for Industry Uptake

Katopodis

Sfetsos

2019

Infrastructures

View full text Add to dashboard Cite

show abstract

“…Many non-financial (public and private) companies have a large part of their business exposed to considerable losses if some kind of catastrophic event occurs. This is especially true for companies operating in transport and in the infrastructure industry (Garg, Naswa, & Shukla, 2015). Earthquakes, hurricanes, flooding, terroristic attacks, and landslides can destroy or cause not negligible damage to bridges, dams, power plants, railways, highways, harbours, and so on and cause a dramatic reduction in the revenues if the business is interrupted as a consequence of the event.…”

Section: Infrastructures Catastrophe Risk and Catastrophe Bonds A mentioning

confidence: 99%

Are catastrophe bonds effective financial instruments in the transport and infrastructure industries? Evidence from international financial markets

Pizzutilo¹,

Venezia²

2018

BEH

View full text Add to dashboard Cite

We analyse the effectiveness of catastrophe bonds for the financial management of catastrophic risk in the transport and infrastructure industries. We illustrate how these financial instruments are becoming a valuable tool for non-financial firms in the risk management of catastrophic events, supplementing the traditional insurance/reinsurance channel, especially during times of constraints in the insurance industry. We also review cat bond issues sponsored by infrastructure and transport companies, highlighting the usefulness of these structured financial instruments in the management of the catastrophe exposure in these industries. Policy indications are finally given.

show abstract

“…For this there was an occurrence of the Paris climate summit during 2015 back in December where around 195 nations participated for the adoption for the most sought and legally binding deal for the global climate. It included many features like the mitigation which would result in reduction of the emissions where the governments made an aim for increasing the limit to 1.5 degrees as it would result in the reduction of risks and influence of the change in climate, global stock take and transparency aiming to track the progress for the long haul objectives and goals in accordance with a robust accountability and transparency system, Adaption and loss of damage where the governments have agreed for the strengthening of the ability of the societies to deal with the climatic change impacts and identify the significant of minimizing, addressing and averting the damage and loss interconnected with the unfavorable impacts of the change in climate and finally support where EU and some of the other developed countries have put in a lot of efforts for facilitating the climate action for the reduction of emanations emulated by the building of resilience to the impacts of climate change within the developing countries [7].…”

Section: Easing Climate Change With Ocean Energymentioning

confidence: 99%

Easing Climate Change with Recent Wave Energy Technologies

Zullah¹,

Jae-Ung²,

Lee³

2016

J Fundam Renewable Energy Appl

View full text Add to dashboard Cite

More than 80% of electric power production throughout the world originates from the fossil fuelled plants. In accordance with the anticipation for increase in the demand for electricity, there is certainly a need to determine a new method to utilize renewable sources for extracting electric energy through renewable sources. In today's world, the supply of renewable electric energy is found to be one of the significant priorities within numerous parts of the world. The significant proof of this incorporates the last agreement at Marrakech 2002 and the Kyoto declaration during 1997. Both the US and EU have already developed their focus on the future emissions of greenhouse gases. It should be noted that ocean waves makes a representation of a significant source of unexplored renewable energy. Within the EU, the potential of wave energy has been conservatively estimated as 120-190 TWh per year within offshores emulated by some additional 34-46 TWh per year within near shore locations. Moreover, such anticipations rely on presumptions of energy and technology cost. And, the genuine resource would get to be notably larger. In this particular case, it can be found to be a challenging task for converting such boundless energies within the ocean waves to the electric energy. However, a considerable attention should be paid to the economic constraints for the purpose of approaching future production of sustainable electric power production for the future. This study will discuss relevant aspects for the climate change which is found to be a global threat to the entire world. For this it is quite obvious that one of the significant cause of this is the emission of carbon within the atmosphere. For this global threat, there are numerous causes and one among them includes the emission of greenhouse gas as mentioned earlier. The study will also discuss as to how wave energy can be used to allow prevention of the carbon emissions within the atmosphere. Other than that, there would be appropriate discussions on the energy devices, policies, and protocols, regional and international developments.

show abstract

Energy infrastructure in India: Profile and risks under climate change

Cited by 65 publications

References 14 publications

A Review of Climate Change Impacts to Oil Sector Critical Services and Suggested Recommendations for Industry Uptake

A Review of Climate Change Impacts to Oil Sector Critical Services and Suggested Recommendations for Industry Uptake

Are catastrophe bonds effective financial instruments in the transport and infrastructure industries? Evidence from international financial markets

Easing Climate Change with Recent Wave Energy Technologies

Contact Info

Product

Resources

About