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The Politics of Energy The Politics of Energy -Week 1-2-3 (Part 1) Basic Concepts & Sources Lecturer: Assoc.Prof.Emre İşeri
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Outline 1)Perspectives/Basic Concepts 2) Hydrocarbons (Non-Renewables) 2) Alternatives
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Perspectives on Energy Political: Realism, geopolitical, political liberalism, socialism Economic: Neoliberal/Free market economics vs. regulated markets Enviromental: Mainstream/moderate vs. radical
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Definition Assurance of the ability to access the energy resources required for the continued development of national power. Kalicki & Goldwyn, 2005, 9
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Short vs. Long Term Energy Security Risks (C.Egenhofer,et.al.2005) Short-term: Supply shortages due to accidents, terrorist attacks, technical failure, etc. Long-term: Absence of infrastructure/framework for creating strategic security against major risks such as non-delivery due to political and/or economic reasons.
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Components of Energy Security Reliability Affordability Friendliness to the Enviroment (Ideally)
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States’ techniques to ensure their energy security Diversity of sources Diversity of suppliers (procurment) Storing reserve fuel supplies Maintaning competitive energy market
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Diversity of Sources
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Diversity of Supplies (Procurment diversification)
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Strategic Reserve
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Energy Markets
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Critical Energy Infrastructure Security
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Strait of Hormuz
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Strait of Malacca
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The Suez Canal
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Turkish Straits
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November 15, 1979 - Romanian-registered tanker M/T Independenţa collided with Greek freighter M/V Evriali at Haydarpaşa Point and exploded. 42 people died on the tanker. 94,600 tons of crude oil spilled and the following fire lasted weeks
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The Arctic as the ‘Suez of the north.’ ?
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Global Energy Shifts
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Two Trends of Production/Consumption Technology Price
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Types of Energy Data Proven reserve Estimated or Potential reserve
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To be continued with energy sources
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