Articles

Indian Prime Minister Narendra Modi traveled to Washington last week, making his fourth trip to the United States since taking office just two years ago. India and South Asia Program Fellow, Ronak Desai examines the strategic approach to India's relations with the United States.

Ever since the 1973 oil embargo, and especially since the Russian-Ukrainian gas crisis of 2006, Western policy makers have paid a great deal of attention to energy security. Yet there is no consensus as to what energy security is, what methodologies are most useful for conceptualizing and operationalizing the term, or even whether it is possible to generalize about anything as complex and contextually dependent as energy security. This enormous diversity of theoretical, methodological, and epistemological perspectives on the study of energy security complicates any assessment of the state of the field. It is, however, precisely because ‘energy security’ is such an elusive concept that academics, statesmen, and analysts of energy politics should not strive to coalesce around one precise definition.

Gazprom, Russian's prime state owned gas producer, is facing severe pressure stemming from international gas market dynamics, EU regulation and the Ukraine crisis. Slowing gas demand coupled with shifting pricing models and a persisting transit issue pose significant challenges for Gazprom's business going forward.

Existing studies show that, on average, national champions in energy-rich states tend to ‘stick around’ by maintaining strong links with their respective governments in the distribution of rents. Yet the foundations of preference formation—the particular role of national champions, their relationship to their respective governments and a limited number of third suppliers in that process—have neither been theorised nor investigated empirically in countries that are net importers of gas.

The upstream renaissance in the United States that has resulted from the successful application of new technologies in the exploration and development of shale gas has generated ripples through the global gas market. The US is soon to become a significant exporter of liquefied natural gas (LNG), which is remarkable given conventional wisdom just a decade ago was that the US would become a substantial importer of LNG.

In the past few years the gas sector has experienced a wave of unprecedented changes. The increasing globalization of gas markets and the technological breakthrough of shale gas production in the United States have triggered deep changes in Eurasian gas market governance.

Using the bidding prices of participants in China's national wind project concession programs from 2003 to 2007, this paper built up a learning curve model to estimate the joint learning from learning-by-doing and learning-by-searching, with a novel knowledge stock metric based on technology adoption in China through both domestic technology development and international technology transfer. The paper describes, for the first time, the evolution of the price of wind power in China, and provides estimates of how technology adoption, experience building wind farm projects, wind turbine manufacturing localization, and wind farm economies of scale have influenced the price of wind power.

Recent national trends in investments in global energy research, development, and demonstration (RD&D) are inconsistent around the world. Public RD&D investments in energy are the metric most commonly used in international comparative assessments of energy-technology innovation, and the metric employed in this article. Overall, the data indicate that International Energy Agency (IEA) member country government investments have been volatile: they peaked in the late 1970s, declined during the subsequent two decades, bottomed out in 1997, and then began to gradually grow again during the 2000s.

China now faces the three hard truths of thirsting for more oil, relying heavily on coal, and ranking first in global carbon dioxide (CO2) emissions. Given these truths, two key questions must be addressed to develop a low-carbon economy: how to use coal in a carbon-constrained future? How to increase domestic oil supply to enhance energy security? Carbon Capture and Storage (CCS) may be a technological solution that can deal with today's energy and environmental needs while enabling China to move closer to a low-carbon energy future. This paper has been developed to propose a possible CCS roadmap for China.

"...[T]he Chinese may not buy GM's and Ford's assets today, but they could rescue the U.S. industry in another way: by setting an example  of good industrial policy for the United States to follow. Fuel efficiency standards in China, Japan, and even some European countries will push up demand for these sorts of cars. If U.S. firms are to remain internationally competitive, they will need to have more to offer in this regard. But Washington will also have to motivate American consumers to purchase efficient cars...."