The Handbook of Global Energy Policy

Recent years have seen energy placed at the top of policy agendas. Against the backdrop of a rise of new consumers such as China and India, climate change and the geopolitical challenges stemming from scarce and unevenly distributed fossil resources, energy policy is now a global concern. The first volume of its kind to provide a global policy perspective on energy, this comprehensive Handbook analyzes the key dimensions of markets, development, sustainability, and security.  It maps the emerging field of global energy policy for both scholars and practitioners with a view to broadening the discussion toward cross–sectoral linkages and regional specificities.

The volume offers a broad comparison of energy policy challenges faced across the globe by exploring future policy requirements at local, national and international levels.  Case studies offer regional perspectives from the viewpoint of major energy producers (Russia, Nigeria, and Brazil), emerging energy consumers (China and India), as well as newly–challenged players (The United States and the European Union).  The volume brings together the latest research from an international team of scholars and energy policy practitioners, resulting in an invaluable reference source for this fast–growing field.

List of Figures and Tables ix

Notes on Contributors xiii

Introduction: Key Dimensions of Global Energy Policy 1

Andreas Goldthau

Part I Global Energy: Mapping the Policy Field 13

1 The Role of Markets and Investment in Global Energy 15
Albert Bressand

2 The Entanglement of Energy, Grand Strategy, and International Security 30
Meghan L. O Sullivan

3 Sustainability, Climate Change, and Transition in Global Energy 48
Michael Bradshaw

4 The Development Nexus of Global Energy 64
Gilles Carbonnier and Fritz Brugger

Part II Global Energy and Markets 79

5 The Oil Market: Context, Selected Features, and Implications 81
Christopher Allsopp and Bassam Fattouh

6 Natural Gas Going Global? Potential and Pitfalls 98
Matthew Hulbert and Andreas Goldthau

7 The Breakout of Energy Innovation: Accelerating to a New Low Carbon Energy System 113
Michael LaBelle and Mel Horwitch

8 Recent Trends in Upstream Petroleum Agreements: Policy, Contractual, Fiscal, and Legal Issues 127
Honor´e Le Leuch

9 National Oil Companies: Ensuring Benefits and Avoiding Systemic Risks 146
Charles McPherson

Part III Global Energy and Security 157

10 Global Resource Scramble and New Energy Frontiers 159
Øystein Noreng

11 Cooperation and Conflict in Oil and Gas Markets 176
Dag Harald Claes

12 The Gs and the Future of Energy Governance in a Multipolar World 190
Charles Ebinger and Govinda Avasarala

13 Nuclear Energy and Non–Proliferation 205
Yury Yudin

Part IV Global Energy and Development 225

14 Energy Access and Development 227
Subhes C. Bhattacharyya

15 Resource Governance 244
Andrew Bauer and Juan Carlos Quiroz

16 The Food Versus Fuel Nexus 265
Robert Bailey

17 Energy Efficiency: Technology, Behavior, and Development 282
Joyashree Roy, Shyamasree Dasgupta, and Debalina Chakravarty

Part V Global Energy and Sustainability 303

18 Regulation, Economic Instruments, and Sustainable Energy 305
Neil Gunningham

19 The Role of Regulation in Integrating Renewable Energy: The EU Electricity Sector 322
Jaap Jansen and Adriaan van der Welle

20 Global Climate Governance and Energy Choices 340
Fariborz Zelli, Philipp Pattberg, Hannes Stephan, and Harro van Asselt

21 The Growing Importance of Carbon Pricing in Energy Markets 358
Christian Egenhofer

22 The Influence of Energy Policy on Strategic Choices for Renewable Energy Investment 373
Rolf Wu¨ stenhagen and Emanuela Menichetti

Part VI Regional Perspectives on Global Energy 389

23 Global Energy Policy: A View from China 391
Alvin Lin, Fuqiang Yang, and Jason Portner

24 Dismounting the Subsidy Tiger: A Case Study of India s Fuel Pricing Policies 407
Sudha Mahalingam

25 The EU s Global Climate and Energy Policies: Gathering or Losing Momentum? 421
Richard Youngs

26 Energy Governance in the United States 435
Benjamin K. Sovacool and Roman Sidortsov

27 Global Energy Policy: A View From Brazil 457
Suani T. Coelho and Jos´e Goldemberg

28 Global Oil Market Developments and Their Consequences for Russia 477
Andrey A. Konoplyanik

29 Nigeria: Policy Incoherence and the Challenge of Energy Security 501
Ike Okonta

Conclusion: Global Energy Policy: Findings and New Research Agendas 521
Andreas Goldthau

Index 525

Andreas Goldthau is Professor at Central European University′s School of Public Policy, Associate with the Geopolitics of Energy Project at Harvard University s Belfer Center for Science and International Affairs and and Fellow with the Global Public Policy Institute. He has authored, co–authored or co–edited A Liberal Actor in a Realist World. The EU Regulatory State and the Global Political Economy of Energy (Oxford University Press, 2015), The Global Energy Challenge. Environment, Development and Security (Palgrave Macmillan, 2015), Dynamics of Energy Governance in Europe and Russia (Palgrave, 2012), Global Energy Governance. The New Rules of the Game (Brookings Press, 2010), Imported Oil and U.S. National Security (RAND, 2009) and OPEC (Hanser, 2009).