Methodologies for characterising and valuing energy security &amp;#x2014; A short critical review

Månsson, Alf; Johansson, Bengt; Nilsson, Lars J

doi:10.1109/eem.2012.6254752

Cited by 6 publications

(3 citation statements)

References 70 publications

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“…Consequently maximizing oil-dependency of selected suppliers is an objective of proposed model. • According to Jansen et al (2004), OECD (2007), Mansson et al (2012) and Chuang & Ma (2013), diversification is the best policy to mitigate losses when we have no knowledge about disruptive events. Consequently, in order to achieve supplier diversity, "co-vary diversity reliability index" calling HHI3 suggested by Chuang and Ma (2013) is supposed to be minimized in provided model.…”

Section: Tablementioning

confidence: 99%

Designing a resilient oil supply network with an intelligent solution algorithm

Rabbani

Torabi²

2015

10.5267/j.uscm

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Energy crisis in recent decades has demonstrated strong interdependence between national security and energy security. We are also witness of sever conflicts in oil-rich zones such as Middle-East and West of Suez. This study is the first attempt to provide a flexible multiobjective mathematical model which not only mitigates catastrophic risks by filtering and taking plausible oil-supply disruption scenarios into account, but also reduces oil-supply disruption probability by considering and optimizing political, economic and financial dimensions of oil procurement. Mentioned model determines a resilient portfolio of oil suppliers under each scenario and decides which ports or pipelines must be prepared for receiving oil. Furthermore, the proposed model in the second phase enhances oil-availability in crisis time by storing strategic oil stocks in appropriate geographic points. Also regarding to complexity of the second phase model, a meta-heuristic algorithm has been provided to solve the mentioned model. Finally validity of proposed model is checked by solving it for Greece case problem; sensitivity analysis shows that provided model significantly mitigates catastrophic risks threating energy security by balancing political affairs and reinforcing infrastructural facilities with the least possible cost.

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Section: Tablementioning

confidence: 99%

Designing a resilient oil supply network with an intelligent solution algorithm

Rabbani

Torabi²

2015

10.5267/j.uscm

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“…The principle of distributing the risks and benefits along the gas chain is the central element in the gas security debate (Clingendael, 2008). There are two aspects to gas security, namely security of supply and security of demand (Tonje, De Jong, 2007;Jenny, 2007;Mansson, Johansson, Nilsson, 2012). The terms of the debate have generated considerable literature.…”

Section: -Supply Security Versus Demand Security: the New Duelmentioning

confidence: 99%

Energy institutional and organisational changes in EU and Russia: Revisiting gas relations

Boussena

Locatelli

2013

Energy Policy

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International audienceThis article tries to shed light on why gas relations between the EU and Russia, which were previously stable, have deteriorated since the introduction of institutional changes in the two regions. After identifying the areas of divergence in the context of European gas market liberalization, we then attempt to examine them in the context of the differing approaches to structuring this sector. The model of vertically unbundled network industries promoted by the EU is no longer the one that Russia intends to implement in its gas sector, despite the big changes taking place in its domestic market. All this is happening in a context where the economic stakes are very high. For the EU and its gas companies, access to Russia's hydrocarbon resources is a key question. For Gazprom, the question is whether or not it can define strategies that are flexible enough to adapt to the changing conditions in the European gas market

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“…Russsia's main objective, therefore, where the EU is concerned is to ensure the security of demand, both in terms of volume and price. (Tonje and De Jong 2007;Mansson et al 2012). Consequently, recent developments in the European gas market, whether of an economic nature (uncertainty of EU demand) or institutional (new market liberalization regulations), are seen by Russia as a possible threat to its relations with the EU.…”

Section: Interdependence and Divergent Interests: Security Of Supply mentioning

confidence: 99%

EU-Russia trading relations: the challenges of a new gas architecture

Locatelli

2013

Eur J Law Econ

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International audienceGas security is a key factor in the European Union's energy policy. Contractual relations based on long-term contracts during the 1970s and 1980s led to relative stability in energy trade between the EU and its gas suppliers. But since the mid-1990s, the process of opening up the EU's gas industries to competition and the desire to create a single gas market has led to an in-depth reorganization of the sector. The EU now intends to redefine the way in which it manages its relations with its main suppliers, such as Russia, by attempting to impose a model based on competition, unbundling of network industries and privatization. Russia does not intend to implement this "EU model" in its gas sector, despite the big changes taking place in its domestic market. An approach based on the preferential use of state instruments conflicts with the multilateralism and principles of competition upheld by the EU. The EU's normative power is thus in contradiction with the institutional environment of the Russian energy sector. It is therefore unlikely that energy relations between the EU and Russia will be structured solely on standards stemming from international rules and institutions

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Methodologies for characterising and valuing energy security — A short critical review

Cited by 6 publications

References 70 publications

Designing a resilient oil supply network with an intelligent solution algorithm

Designing a resilient oil supply network with an intelligent solution algorithm

Energy institutional and organisational changes in EU and Russia: Revisiting gas relations

EU-Russia trading relations: the challenges of a new gas architecture

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