Security Of Energy Supply In Europe

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 relations. 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 research tool.

Contents:

Introduction

PART I: NATURAL GAS
1. Supply Security and Natural Gas
Christian von Hirschhausen, Franziska Holz, Anne Neumann and Sophia Rüster

2. Seeking Competition and Supply Security in Natural Gas: The US Experience and European Challenge
Jeff Makholm

3. The New Security Environment for European Gas: Worsening Geopolitics and Increasing Global Competition for LNG
Jonathan Stern

4. Natural Gas and Geopolitics
David G. Victor

PART II: NUCLEAR POWER
5. European Electricity Supply Security and Nuclear Power: An Overview
William J. Nuttall and David M. Newbery

6. Contractual and Financing Arrangements for New Nuclear Investment in Liberalized Markets: Which Efficient Combination?
Dominique Finon and Fabien Roques

7. Nuclear Power and Deregulated Electricity Markets: Lessons from British Energy
Simon Taylor

8. Nuclear Energy in the Enlarged European Union
William J. Nuttell

PART III: HYDROGEN
9. Supply Security and Hydrogen
Julián Barquín and Ignacio Pérez-Arriaga

10. Hydrogen from Renewables
Dries Haeseldonckx and William D’haeseleer

11. Build-up of a Hydrogen Infrastructure in Europe
Martin Wietschel, Philipp Seydel and Christoph Stiller

12. The Contributions of the Hydrogen Transition to the Goals of the EU Energy and Climate Policy
Anders Chr. Hansen

13. R&D Programs for Hydrogen: US and EU
Steven Stoft and César Dopazo

PART IV: CONCLUSIONS
14. EU Energy Security of Supply: Conclusions
Jean-Michel Glachant, François Lévêque and Pippo Ranci

Index