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.
Resource Library
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The macroeconomic costs of unanticipated oil supply and oil price shocks remain the principal component of the oil security premium. A long history of academic papers have offered approaches to the estimation of such costs and the calculation of the oil security premium. Two relevant major changes have occurred in recent years: both the US economy and the world oil market are now more resilient, less dependent on oil in general, and (for the United States) less reliant on imports than a decade or two ago; and macroeconomic modeling has become more sophisticated, with advances coming from modeling dynamic economic …
View Full ResourceNatural gas markets are changing at a rapid pace, moving from regional integration to a more globalised and interdependent market. This transformation is creating new security-related concerns, which remain alive despite the current state of oversupply in the gas market.
The International Energy Agency’s second annual Global Gas Security Review offers an extensive assessment of recent gas balancing issues and related policy developments linked to security of supply, as well as lessons learned from recent events.
This year’s edition also updates the liquefied natural gas (LNG) flexibility metrics that were developed in last year’s report. Our latest data shows a …
View Full ResourceThis report discusses the underpinnings for policies that would internalize the national security benefits of a robust nuclear enterprise, including generation from existing and new nuclear power plants and the associated and extensive supply chain. Both elements are under considerable stress and call for Federal response.
Specifically, this report analyzes the key role played by the U.S. nuclear energy enterprise in meeting three national security imperatives:
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maintaining U.S. leadership in ensuring nuclear non-proliferation;
supporting the U.S. nuclear Navy; and
supporting the global strategic stability and deterrence value of nuclear weapons.
The report’s focus is the role of the nuclear energy …
View Full ResourceSAFE’s Energy Security Fact Pack provides a data-driven overview of the latest trends in U.S. energy security, including domestic and global oil production and consumption, oil market dynamics, energy prices, consumer spending on oil, fuel efficiency, and alternative fuel vehicles.…
View Full ResourceThe congressionally mandated report A New Foundation for the Nuclear Enterprise (the “Augustine-Mies” report), released in November 2014, concluded that “the existing governance structures and many of the practices of the [nuclear security] enterprise are inefficient and ineffective, thereby putting the entire enterprise at risk over the long term.” The report offered 19 recommendations, many with subcomponents, to improve the effectiveness of the enterprise. The recommendations that are within the control of the Department of Energy (DOE) and/or its National Nuclear Security Administration (NNSA) relate to challenges in the following areas:
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Management structure and processes;
Decision-making practices;
Risk management;
Culture
Critical infrastructure is defined in the USA PATRIOT Act (P.L. 107-56, §1016(e)) as “systems and assets, physical or virtual, so vital to the United States that the incapacity or destruction of such systems and assets would have a debilitating impact on security, national economic security, national public health and safety, or any combination of those matters.”
Presidential Decision Directive 63, or PDD-63, identified activities whose critical infrastructures should be protected: information and communications; banking and finance; water supply; aviation, highways, mass transit, pipelines, rail, and waterborne commerce; emergency and law enforcement services; emergency, fire, and continuity of government services; public …
View Full ResourceThis third edition of NARUC’s cyber primer for regulators explores issues including cost recovery, information protection, supply chain issues, management of insider threats, and links to risk management processes. It also offers guidance for how state commissions can engage proactively and strategically by building on best practices of leading state in the field. It also provides twice the number of sample questions as version 2.0 of the primer that help explore how utilities are making prudent investments in cyber-preparedness.…
View Full ResourceSecurity is more than just a regulatory-driven necessity for utilities; it has become a business imperative. Most utilities can no longer do business effectively or efficiently without internet-of-things (IoT) technology; and recent events in the Ukraine have shown that largescale attacks against power grids can succeed. Beginning July 1, 2016, U.S. utilities must comply with NERC’s Critical Infrastructure Protection standard, v6, which features an expanded scope and greater emphasis on security, compared to previous NERC CIP regimes. Most utilities in the U.S. already possess a relatively high level of awareness and sophistication about cybersecurity, compared to other industries — but …
View Full ResourceLow natural gas prices, along with expectations for continued well-supplied liquefied natural gas (LNG) markets over the medium term, are giving some a sense of comfort over markets’ ability to adjust to potential demand or supply shocks without placing national and regional gas systems under unacceptable stress.
There is no doubt that today’s market conditions are helpful for global gas security. A massive expansion of LNG export capacity is coming at a time of weaker-than-expected global gas demand. The temporary excess of supplies resulting from this situation is providing a buffer that would mitigate the impact of possible supply disruptions.…
View Full ResourceLow natural gas prices, along with expectations for continued well-supplied liquefied natural gas (LNG) markets over the medium term, are giving some a sense of comfort over markets’ ability to adjust to potential demand or supply shocks without placing national and regional gas systems under unacceptable stress.
There is no doubt that today’s market conditions are helpful for global gas security. A massive expansion of LNG export capacity is coming at a time of weaker-than-expected global gas demand. The temporary excess of supplies resulting from this situation is providing a buffer that would mitigate the impact of possible supply disruptions.…
View Full Resource