The impact of the changing global strategic landscape on energy markets is being felty across the world, and is the subject of ongoing debate within industry and governments alike. These changes affect not only the evolution of oil markets and their influence on production rates and pricing, but also a host of other factors, including energy security, the effects of global economic crises and the growing market presence of Arabian Gulf producers, both in terms of their conventional reserves and their development of alternative and renewable sources. The ECSSR 17th Annual Energy Conference, Global Energy Markets: Changes in the Strategic Landscape, held at the Centre on November 1-2 2011, and the papers compiled in this volume provide a variety of informed views on these trends and their consequences for both producers and consumers in the Middle East and elsewhere. The effects of geo-strategic developments on energy markets and the formulation of energypolicies in the GCC states and abroad are explored in detail, as are the economic viability and outlook of renewable energy sources, both in light of CO2 emissions constraints and the involvement of Gulf hydrocarbon producers in the development of renewables. The potential benefits and risks of nuclear energy are explored, as is public sentiment toward nuclear development worldwide-particularly following recent events in Japan, the repercussions of which continue to be felt both in politics and industry. The ongoing effects of the global ecnomic crisis are also discussed, particularly with reference to their consequences for energy markets worldwide.
Foreword. Jamal S. Al-Suwaidi Introduction: Global Energy Markets: A Changing Landscape Keynote Addresses Global Energy Markets and the Fallout from Japan. H.E. Amb. Hamad Al-Ka'abi The Changing Energy Landscape. Adnan Z. Amin The Future of Nuclear Energy in the GCC. Hans Blix Global Energy Markets and the World Economy Chapter 1: Oil Markets and the Strategic Outlook for the Middle East. Herman T. Franssen Chapter 2: Key Energy Challenges for the World Economy to 2050. Salman Ghouri and Areeba Ghouri Chapter 3: Changing Oil Fundamentals: Impacts on Energy Security and the Global Oil Market. Mamdouh G. Salameh Emerging Trends in Nuclear Energy Chapter 4: Nuclear Energy: Prospects and Market Effects. Vladimir Kagramanyan Chapter 5: Nuclear Risks: Implications for the Energy markets and the Environment. Antony Grogatt Chapter 6: The Economics of Nuclear Power. James S. Tulenko Prospects for Renewable Energies Chapter 7: The Economic Viability of Renewable Energy. Benjamin K. Sovacool Chapter 8: Global Outlook for Renewable Energies. W.E. Alnaser and N.W. Alnaser Politics for GCC Producers Chapter 9: GCC Energy Sectors as 'Islands of Efficiency'. Steffen Hertog Chapter 10: Energy Policies of the GCC Countries. Mohamed A. Ramady
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