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A framework to address uncertainties in energy policy formulation
Energy policy formulation is the process of identifying the policy options mixture with the greatest potential to achieve the long-term goals for an energy system’s economic and environmental performance. However, the impact of a policy option adopted today will be visible in a time frame that exceeds the decade. In fact, the longer the time […]
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EU‐GCC cooperation for natural gas: prospects and challenges
The paper aims to provide the prospects and challenges of cooperation concerning natural gas (NG) resources between the European Union (EU) and Gulf Cooperation Council (GCC), based on a “critical review” of the current state of the GCC region regarding NG production, consumption, trading movements, policy framework and existing/planned projects and programs for each GCC […]
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Domestic offsets in practice: Modalities and implications
Greenhouse gas (GHG) reduction projects implemented at European Union Member States in non-Emissions Trading Scheme (ETS) sectors are referred to as domestic offset (DO) projects. The aim of this article is the presentation of DO projects implementation modalities, their interactions with subsidy programs and the analysis of impacts on their financial profile. This article argues […]
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Setting the framework for a business strategy assessment model
Purpose The purpose of this paper is to present the Business Strategy Assessment Model (BSAM) approach, in an attempt to explore the principle dynamics of an energy‐economic system with emphasis on the private actors’ point of view and the impact different policy instruments may have on the decisions of private actors with different characteristics. Design/methodology/approach […]
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Domestic offset projects in the built environment
Emission reduction activities in the European Union (EU) in- and outside the European Trading System (ETS) thus far have largely taken place separately. One possibility to combine the two is through linking Non-ETS offset project-based crediting schemes in the form of Joint Implementation or domestic offset (DO) projects with the EU ETS. Linking would allow […]
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White certificates and domestic offset schemes: possible synergies
Next to energy efficiency, in the context of GHG reductions, additional policy mechanisms to the incumbent EU Emissions Trading scheme (EU ETS) are discussed. Such is the case of Non-ETS Domestic Offset (DO) schemes, which can reduce CO2-eq.emissions in the non-ETS sectors and trade these as CO2 credits on the ETS market. Taking into account […]
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A qualitative assessment of EU energy policy interactions
The aim of this article is the presentation of the Energy and Climate Policy Interactions decision support tool for assessing qualitatively ex-ante combinations of various energy and climate policy instruments. This tool integrates six methodological steps, wherein a policymaker can intervene and set preferences that affect the outcome of policy interactions. The advantage of this […]
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Energy Supply risk premium: review and methodological framework
In this article we explain why traditional risk management techniques in the energy sector are not suitable for constructing and quantifying an Energy Security Index which will incorporate all risk parameters that endanger the uninterrupted flow of energy supplies among the numerous energy routes from their destination to European countries. Following an extensive desktop research […]
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Electric power transmission: An overview of associated burdens
Transmission operators and regulators face the enormous challenge to meet both the request for a high-performing grid as well as the public’s concern about the burdens of electric power transmission. Although huge infrastructural projects for the development of interconnections are at several stages, the associated transmission burdens are not yet fully incorporated in the respective […]
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Risks on the security of oil and gas supply
European energy demand and import dependence continues to increase and primary energy sources are mainly used to cover European energy needs, making clear that the risks of energy security of supply and their minimization is a critical issue. The aim of this article is to address the energy supply status, considering the energy supply corridors […]
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Comparative analysis of EU member countries vulnerability in oil and gas
The aim of this article is the comparative analysis of oil and gas supply for the 27 European Union member countries throughout the measurement of the vulnerability that their economies exhibit to oil and natural gas. In this framework, 6 indicators that quantify the core concepts that affect the security of supply of a country […]
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Linking least-cost energy system costs models with MCA: an assessment of the EU renewable energy targets and supporting policies
There are several technoeconomic modeling approaches that provide quantitative results such as costs and the level of achievement of certain renewable energy (RE) policy targets. These approaches often do not consider other important factors for policy implementation (such as socio-political aspects and stakeholders’ preferences). Recent multicriteria analysis (MCA) approaches attempt to integrate these multiple aspects […]