In economic, technical and political terms, the security of energy supply is of the utmost importance for Europe. Alongside competition and sustainability, supply security represents a cornerstone of the EU's energy policy, and in times of rising geopolitical conflict plays an increasingly important role in its external relation. Within this context, the contributors analyse and explore the natural gas, nuclear, and hydrogen energy sectors, which will be of critical significance for the future of energy supplies in Europe
The book opens with an extensive exploration of the very definition of `supply security' and moves beyond sector-specific debates to highlight the political sensitivity surrounding energy security. The expert contributors apply a policy perspective, underpinned by theoretical discussion, to economic analysis in order to yield policy-relevant conclusions. They illustrate that the EU lacks a coherent transnational energy policy, that national energy policies fail to match EU goals and that, ultimately, sustainable energy policies, more competition, and better regulation will improve global welfare
Academics and EU policymakers- both at national and international levels-will find that the topical policy recommendations, extensive overview of supply security, and detailed perspectives on the natural gas, nuclear and hydrogen sectors presented herewith constitute an invaluable reference and recearch tool
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vii | |
Introduction |
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ix | |
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1 Supply security and natural gas |
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3 | (18) |
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Christian von Hirschhausen |
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2 Seeking Competition and Supply security in natural gas: the US experience and European Challenge |
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21 | (35) |
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3 The new security environment for European gas: worsening geopolitics and increasing global competition for LNG |
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56 | (35) |
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4 Natural gas and geopolitics |
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91 | (18) |
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5 European electricity supply security and nuclear power: an overview |
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109 | (8) |
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6 Contractual and financing arrangements for new nuclear investment in liberalized markets: which efficient combination? |
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117 | (38) |
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7 Nuclear power and deregulated electricity markets: lessons from British Energy |
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155 | (11) |
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8 Nuclear energy in the enlarged European Union |
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166 | (25) |
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9 Supply security and hydrogen |
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191 | (8) |
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10 Hydrogen from renewables |
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199 | (22) |
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11 Build-up of a hydrogen infrastructure in Europe |
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221 | (27) |
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12 The contributions of the hydrogen transition to the goals of the EU energy and climate policy |
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248 | (27) |
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13 R&D programs for hydrogen: US and EU |
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275 | (20) |
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14 EU energy security of supply: conclusions |
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295 | (8) |
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Name Index |
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303 | (2) |
Subject index |
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305 | |
Edited by Franēois Lévźque, Professor of Law and Economics, École des Mines de Paris, France, Jean-Michel Glachant, Professor, Florence School of Regulation, EUI, Florence and Advisor, Technology University POLITO, Turin, Italy, Juliįn Barquķn, Regulatory Affairs, ENDESA, Spain, Christian von Hirschhausen, Professor for Energy Economics and Public Sector Management, University of Technology Dresden and Research Director, DIW Berlin (German Institute for Economic Research), Germany, Franziska Holz, Senior Researcher, DIW Berlin (German Institute for Economic Research), Germany and William J. Nuttall, The Open University Engineering and Innovation MCT Faculty, UK