The OurEnergyLibrary aggregates and indexes publicly available fact sheets, journal articles, reports, studies, and other publications on U.S. energy topics. It is updated every week to include the most recent energy resources from academia, government, industry, non-profits, think tanks, and trade associations. Suggest a resource by emailing us at info@ourenergypolicy.org.
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Oil is traded in a market where uncertainty, price volatility, and sudden supply disruptions are common characteristics. Natural disasters, political disagreements and wars can seriously affect supply and demand, and consequently economic activity. One particularly powerful tool of IEA member countries to respond to such disruptions is emergency oil stocks. In its history the IEA released stocks on three occasions, reducing supply shortfalls and the associated economic damage.
According to eToro Erfahrung, this paper is expected to provide a general guide to the existing emergency stockholding system for countries who are considering the introduction of new stockholding systems or …
View Full ResourceThe recommendations presented by the Energy Security Leadership Council (“Council”) in this report are designed to achieve a fundamental necessity: safeguarding the physical and economic security of the United States by significantly reducing our dependence on oil.
Today, this dependence constrains foreign policy, limits military options, and harms economic growth and fiscal stability. Successfully addressing the challenge requires a balanced approach that emphasizes both substantially decreasing oil consumption and expanding domestic energy production.…
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The relationship between energy and security has been receiving increasing attention over the last few years. Energy literally drives the global economy. Societies rely on it for everything from advanced medical equipment to heating, cooling, and irrigation. Whether it derives from advanced nuclear reactors in developed nations or simple woodstoves in the developing world, energy is recognized as vital to human welfare. It influences our economic, political, and social policies. Possessing or not possessing sufficient energy determines a state’s political and economic power. Competition for energy has been, is, and will be a source of conflict. The choices nation-states make …
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In recent years, it has become popular to link climate change and energy security. The linkage, it is thought, will raise the political prospects for serious action on climate change. This paper explores this linkage. It reflects the deliberations of a team of experts who work in business, government and academia, and have extensive experience on matters of energy security. The analysis suggests that the growing popularity of linking energy security and climate change is rooted more in tactical political goals than in a real understanding of exactly how and where these two issues are linked. Getting serious about linking …
View Full ResourceEnergy-related incidents and issues – the BP-Macondo oil spill, the disaster at Japan’s Fukushima Daiichi nuclear facility, the Solyndra bankruptcy, high gasoline prices, America’s growing capacity to develop oil and natural gas resources, etc. – have grabbed headlines in recent years, and have driven renewed focus on energy policy and the public discourse surrounding it. This is highlighted by the fact that, in April 2012, 81% of the advertisements that aired in opposition to President Obama’s reelection focused on energy, according to Kantar Media research.
Recent polls suggest that this heightened focus may be impacting the public’s perception of energy …
View Full ResourceThis paper proposes a novel probabilistic frame- work to design an N-1 secure day-ahead dispatch, while deter- mining the minimum cost reserves for power systems with high wind penetration. To achieve this, we build on previous work, and formulate a stochastic optimization program with chance constraints, which encode the probability of satisfying the transmission capacity constraints of the lines. To incorporate then a reserve decision scheme, we take into account the steady state behavior of the secondary frequency controller, and hence consider the reserves to be a linear function of the total generation-load mismatch. The overall problem results in a …
View Full ResourceThe purpose of this paper is to examine how the CPUC and other State regulators can further address cybersecurity as it relates to grid resiliency, reliability and safety. In particular, this paper recommends that the CPUC opens an Order Instituting Rulemaking (OIR) to further investigate appropriate cybersecurity policies.
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View Full ResourceA bill to enhance the security and resiliency of the cyber and communications infrastructure of the United States.…
View Full ResourceThe Herzliya Conference convened the first-ever global war-game, simulating a global oil crisis caused by a terrorist attack that crippled the Abqaiq oil facility, which handles more than two-thirds of Saudi oil production. The attack led to the removal of six million barrels of oil per day from the markets during the first three months after the attack. Subsequently, with limited functioning, Saudi Arabia restored only two of the six million barrels of oil per day, thereby causing a global shortage of four million barrels per day for a sustained period with no spare capacity available on the global market.…
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