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1 – 10 of over 19000İbrahim Murat BİCİL and Kumru TURKOZ
Introduction: Although the concept of energy security has different meanings for each country, it is included in the energy policies of all countries in general. Energy security…
Abstract
Introduction: Although the concept of energy security has different meanings for each country, it is included in the energy policies of all countries in general. Energy security policies have more strategic importance especially for energy-importing countries. Imported energy sources are widely used in Turkey as in many countries. The variety of imported energy sources and the density of imports according to the imported countries affect the security of imported energy supply. Although the high density of imports is a risk factor, there are political and structural factors that may affect economic relations with the countries where energy is imported.
Aim: The aim of this study is to measure the short-term risk for the import of fossil resources in Turkey for the period 1999–2018.
Method: An index has composed by revising the risky external energy supply index included in the study of Le Coq and Paltseva (2009).
Findings: Empirical findings showed that on average, the most risky source of imports based on fossil resources is oil, followed by natural gas and coal respectively.
Originality of the Study: Various risk factors such as fossil fuel import intensity, political risk, and logistics performance have been taken into consideration in the proposed index. So this index proposed for Turkey, is expected to offer a different perspective to the energy supply security literature.
Implications: The proposed risk index has enabled the measurement of the level of risk in imported fossil sources in Turkey. Thus, policy implications have been made for energy supply security.
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Luca Urciuoli, Sangeeta Mohanty, Juha Hintsa and Else Gerine Boekesteijn
The purpose of this paper is to enhance the understanding about how energy supply chains work to build resilience against exogenous security threats and thereafter what support…
Abstract
Purpose
The purpose of this paper is to enhance the understanding about how energy supply chains work to build resilience against exogenous security threats and thereafter what support mechanisms should be introduced or improved by the European Union.
Design/methodology/approach
Five case studies and data collection from multiple sources is used to understand what exogenous security threats could lead to the disruption of oil and gas flows to Europe, how energy companies, from a supply chain perspective, are working to manage these threats and finally, how the EU may coordinate the security of the energy sector in collaboration with supply chain companies.
Findings
Results show that today, oil and gas supply chains have in place a good combination of disruption strategies, including portfolio diversification, flexible contracts, transport capacity planning and safety stocks. The most relevant security threats the companies fear, include hijacking of vessels (sea piracy), but also terrorism, and wars. Finally, the study highlights that the European Union has built a comprehensive portfolio of strategies to deal with scarcity of oil and gas resources. However, these approaches are not often synchronized with supply chain strategies.
Practical implications
The paper provides guidance for supply chain managers dealing with critical suppliers located in conflict environments. The paper recommends that supply chain managers fine tune their strategies in coordination with governmental actions in foreign politics, dependence reduction and crisis management. This may be achieved by closer communication with governments and potentially through the creation of a pan-European sector alliance.
Originality/value
Previous research discusses the topic of supply chain resilience and supply chain risk management. However, none of these studies report on exogenous security threats and disruption strategies of oil and gas supply chains. At the same time, previous research lacks detailed studies describing the interaction between governments and energy supply chains.
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The purpose of this paper is to put forward countermeasures to ensure China's energy security based on an analysis of the world energy security situation and challenges China…
Abstract
Purpose
The purpose of this paper is to put forward countermeasures to ensure China's energy security based on an analysis of the world energy security situation and challenges China faces in the future in terms of energy security.
Design/methodology/approach
An induction approach is adopted to analyze the energy security situation of the world and that of China.
Findings
Although available energy resources can meet the medium and long‐term global energy demand, the world energy security faces lots of severe challenges in the aspects of demand and supply factors, infrastructure, geopolitics and strict environmental protection requirements, etc. China's energy supply security faces many challenges in the coming 20 ∼ 30 years or even in the long term. Taking external factors into consideration, the primary challenge is to ensure a stable and sustainable oil supply with reasonable prices. Though the external conditions are of great importance to China's energy security, the influences of domestic factors also need to be well recognized. With energy resources supply being the bedrock of energy security, the establishment of domestic energy market system and energy management framework will exert momentous impact upon the energy security. In addition, while the petroleum supply security is emphasized, attentions should at the same time be paid to the supply security of other energy products, especially to the supply of China's fundamental energy resource of coal.
Originality/value
The paper provides useful and timely analysis of world energy resources, world energy security situation and world economic performances.
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The purpose of this paper is to develop an integrated theoretical framework for energy security concept and to shed light on the policies and strategies applied by the European…
Abstract
Purpose
The purpose of this paper is to develop an integrated theoretical framework for energy security concept and to shed light on the policies and strategies applied by the European Union countries to confront the challenges that faces them.
Design/methodology/approach
The research paper uses Regional Security complexes theory, which mainly developed in Copenhagen school for security studies, that founded by Barry Buzan. This school tried to clarify the untraditional security aspects, through expanding its scope by adding new dimensions than military perspective.
Findings
Despite the consolidated efforts exerted by the European Union to assure safe levels of energy security, and their continuous pursuit to be liberated from Russian energy over dependence, but the results are still limited.
Originality/value
The value of this research paper stems from the fact that it encompass the theoretical aspect by shedding light on all the developments occurred to energy security concept, in addition to the Empirical side, by analyzing various European energy security challenges and their confrontation strategies.
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