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New Insights into Energy Economics

A special issue of Energies (ISSN 1996-1073). This special issue belongs to the section "C: Energy Economics and Policy".

Deadline for manuscript submissions: closed (22 July 2022) | Viewed by 20034

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Guest Editor
Department of Economics, Organization and Management, Saint Petersburg Mining University, 21st Line of the VI, 2, 199106 Saint Petersburg, Russia
Interests: energy economics; environmental economics; sustainable development; energy policy; climate policy; resource policy; sustainability; circular economy; economic efficiency; fossil fuels; renewable energy; CCU; CCS; CCUS; carbon sequestration
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Guest Editor
Luzin Institute for Economic Studies—Subdivision of the Federal Research Centre, Kola Science Centre of the Russian Academy of Sciences, 184209 Apatity, Russia

Special Issue Information

Dear Colleagues,

Energy is the basis of our well-being and we need it in all our activities. With the growth of industrial production, household consumption, transport intensity and simultaneous strengthening of the "green" agenda, energy transforms into a political tool, a key factor of sustainable development, as well as a source of opportunities and threats. A multi-faceted role of energy in global development requires the formation of a new vision of this sector's economy, which will balance environmental risks, financial efficiency and ensure necessary social effects. At the same time, such a new vision should allow us to overcome modern challenges, such as a change of the technological order, the beginning of the fourth energy transition, the impact and consequences of the negative epidemiological situation, an unbalanced climate policy, insufficient social responsibility of companies, as well as the increasing complexity of the resource requirements of the industry.

This special issue is aimed at collecting scientific articles and reviews related to the study of new economic processes taking place in the energy sector, as well as new economic concepts, mechanisms and methods of managing its sustainable development. We will also be glad to see articles devoted to the transformation of the strategies of the hydrocarbon energy sector and Oil & Gas companies that contribute to the transition to environmental-friendly technologies.

Dr. Pavel S. Tsvetkov
Prof. Dr. Alexey Cherepovitsyn
Dr. Fedoseev Sergey Vladimirovich
Guest Editors

Manuscript Submission Information

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Submitted manuscripts should not have been published previously, nor be under consideration for publication elsewhere (except conference proceedings papers). All manuscripts are thoroughly refereed through a single-blind peer-review process. A guide for authors and other relevant information for submission of manuscripts is available on the Instructions for Authors page. Energies is an international peer-reviewed open access semimonthly journal published by MDPI.

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Published Papers (4 papers)

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Research

29 pages, 2908 KiB  
Article
Iraq Oil Industry Infrastructure Development in the Conditions of the Global Economy Turbulence
by Tahseen AL-Saadi, Alexey Cherepovitsyn and Tatyana Semenova
Energies 2022, 15(17), 6239; https://doi.org/10.3390/en15176239 - 26 Aug 2022
Cited by 13 | Viewed by 4164
Abstract
The resource orientation of the Iraqi economy implies the development of a competitive advantage of the oil industry through the industry’s infrastructure development. The authors’ assumption is that as a result of the transport and production infrastructures’ development of the extraction, processing and [...] Read more.
The resource orientation of the Iraqi economy implies the development of a competitive advantage of the oil industry through the industry’s infrastructure development. The authors’ assumption is that as a result of the transport and production infrastructures’ development of the extraction, processing and transportation of oil and oil products in the conditions of global economic turbulence and the availability of profitable mineral raw materials, domestic demand is restrained by both “inherited” problems and new challenges for the Iraqi oil industry. A review of changes in oil production over time has been carried out. The following problems have been identified: “inherited” problems of the oil industry’s production infrastructure, insufficient capacities and technologies and unbalanced attraction and use of investments. It has been identified that problems vary with different infrastructures. For transport infrastructure, transportation security threats, the insufficient capacity of ports and routes, low level of management and technical implementation are the main problems. New challenges in the oil industry’s infrastructural development are related to the fall in oil prices, the reorientation of supply chains, the “blockage” in world trade due to coronavirus infection and the challenge to expand the use of renewable energy resources to improve the quality of energy supply in terms of resource distribution. The aim of this study is to develop theoretical and methodological bases for the development of infrastructure in the Iraqi oil industry with reference to its background, associated with the turbulent path of the global economy. The substantiation of theoretical provisions and development of practical recommendations to facilitate development of the Iraq oil industry infrastructure are aimed at supporting the development of its infrastructure in view of economic and political instability. Thus, the theoretical and practical significance of the study lies in revealing the features and problems of the Iraq oil industry infrastructure functioning and the development of an algorithm of control for the development of its elements. Full article
(This article belongs to the Special Issue New Insights into Energy Economics)
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16 pages, 565 KiB  
Article
Activities Undertaken in the Member Cities of the Polish National Cittaslow Network in the Area of “Energy and Environmental Policy”
by Wioletta Wierzbicka
Energies 2022, 15(4), 1309; https://doi.org/10.3390/en15041309 - 11 Feb 2022
Cited by 10 | Viewed by 1820
Abstract
Cittaslow is a network of small cities which have adopted the assumptions of the “slow city” model and strive towards the improvement of the quality of life for their residents. This is a network of cities which put pro-social and pro-environmental measures in [...] Read more.
Cittaslow is a network of small cities which have adopted the assumptions of the “slow city” model and strive towards the improvement of the quality of life for their residents. This is a network of cities which put pro-social and pro-environmental measures in the first place, while ensuring that the unique character of every city is preserved. A city which wishes to join the Cittaslow network must go through the so-called certification process and satisfy a number of criteria classified in seven macro-areas, including the “energy and environmental policy” area. Significantly, after becoming a member of the network, the city is obligated to carry out activities that will enable it to meet the membership criteria to a higher degree, and in particular to satisfy the criteria it has previously failed to meet. Considering the above, the aim of this study has been to evaluate the activities initiated and implemented by the member cities of the Polish Cittaslow network in the sphere of the “energy and environmental policy”. A comparative analysis was made of the results of certification before entering the network and the results of recertification that each city underwent after five years of its membership. The study shows that, even in the first five years following their access to the network, the cities were able to implement many projects dedicated to the protection of environmental, reduced consumption of electricity and use of alternative energy sources as well as improvement in the ecological awareness of city inhabitants. This is reflected by a higher degree to which these cities meet the certification criteria in this field, from 71% to 75%. Full article
(This article belongs to the Special Issue New Insights into Energy Economics)
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31 pages, 2404 KiB  
Article
Energy Resources Exploitation in the Russian Arctic: Challenges and Prospects for the Sustainable Development of the Ecosystem
by Natalia Romasheva and Diana Dmitrieva
Energies 2021, 14(24), 8300; https://doi.org/10.3390/en14248300 - 9 Dec 2021
Cited by 30 | Viewed by 6179
Abstract
According to the forecasts made by IEA, BP, and Total in early 2021, the demand for hydrocarbons will continue for decades, and their share in the global energy balance will remain significant. Russia, as a key player in the energy market, is interested [...] Read more.
According to the forecasts made by IEA, BP, and Total in early 2021, the demand for hydrocarbons will continue for decades, and their share in the global energy balance will remain significant. Russia, as a key player in the energy market, is interested in maintaining and increasing hydrocarbon production, so further exploitation of the Arctic energy resources is an urgent issue. A large number of onshore oil and gas projects have been successfully implemented in the Arctic since the 1930s, while recently, special attention has been paid to the offshore energy resources and implementation of natural gas liquefaction projects. However, the implementation of oil and gas projects in the Arctic is characterized by a negative impact on the environment, which leads to a violation of the ecological balance in the Arctic, and affects the stability of its ecosystem, which is one of the most vulnerable ecosystems on the planet. The main goal of the present study is to understand how the implementation of oil and gas projects in the Arctic affects the ecosystem, to assess the significance of this process, and to find out what the state and business could do to minimize it. In the article, the authors analyze energy trends, provide brief information about important oil and gas projects being implemented in the Arctic region of Russia, and investigate the challenges of the oil and gas projects’ development and its negative impacts on the Arctic environment. The main contributions of this paper are the identification of all possible environmental risks and processes accompanying oil and gas production, and its qualitative analysis and recommendations for the state and business to reduce the negative impact of oil and gas projects on the Arctic ecosystem. The research methodology includes desk studies, risk management tools (such as risk analysis, registers, and maps), brainstorming, the expert method, systematization, comparative analysis, generalization, and grouping. Full article
(This article belongs to the Special Issue New Insights into Energy Economics)
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28 pages, 4870 KiB  
Article
Fossil Energy in the Framework of Sustainable Development: Analysis of Prospects and Development of Forecast Scenarios
by Yuriy Leonidovich Zhukovskiy, Daria Evgenievna Batueva, Alexandra Dmitrievna Buldysko, Bernard Gil and Valeriia Vladimirovna Starshaia
Energies 2021, 14(17), 5268; https://doi.org/10.3390/en14175268 - 25 Aug 2021
Cited by 81 | Viewed by 5984
Abstract
In the next 20 years, the fossil energy must become a guarantor of the sustainable development of the energy sector for future generations. Significant threats represent hurdles in this transition. This study identified current global trends in the energy sector and the prospects [...] Read more.
In the next 20 years, the fossil energy must become a guarantor of the sustainable development of the energy sector for future generations. Significant threats represent hurdles in this transition. This study identified current global trends in the energy sector and the prospects for the development of energy until 2035. The importance of risk assessment in scenario forecasting based on expert judgments was proven. Three contrasting scenarios, #StayHome, #StayAlone, and #StayEffective, for the development of fossil energy, all based on comprehensive analysis of global risks by expert survey and factor analysis, were developed. It was concluded that fossil energy is mandatory with integration of advanced technologies at every stage of the production of traditional energy and of renewable energy as an integral part of the modern energy sector. Based on the results of the study, nine ambitious programs for the development of sustainable energy are presented. They require the creation and the utilization of a single interactive digital platform adapted to this purpose. It is a passport mandatory for the flexible interaction of energy production, its transmission, and its consumption in the perspective of having a future sustainable, reliable, and secured energy sector. Full article
(This article belongs to the Special Issue New Insights into Energy Economics)
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