Journal of Energy Security

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Energy as an Opportunity for Tackling the Greek Economic Crisis

Energy as an Opportunity for Tackling the Greek Economic Crisis
Bureaucracy, corruption, and huge inefficiencies stand as barriers to Greek economic reform. The same could be said for its energy sector.  The Public Power Corporation, the largest provider of electric power in Greece, would benefit from state divestiture but privatization efforts are held back by the PPC’s employees’ trade union which threatens a national electricity blackout when talks of privatization arise, according to JES Contributor Vassiliki Souladaki. Can a re-think of the state’s role in Greece’s energy sector trail-blaze reform in other sectors of the Greek economy and if so what might this mean for the economic recovery of the country? 

The Resource Curse- Resource Nationalism Nexus: Implications for Foreign Markets

The Resource Curse- Resource Nationalism Nexus: Implications for Foreign Markets
Resource nationalism has long been associated with often abhorrent behavior of oil producing states resulting in limitations on international oil companies to explore and produce oil in upstream states and markets, nationalization of foreign energy companies, and the crowding out of inward foreign investment.   Little attention has been paid to the underlying causes of this nationalism, among them the overwhelming prevalence and prominence of hydrocarbons in some economies-often referred to as the resource curse-which skews national economic performance in favor of resource industries. Ed Stoddard argues and explores the links between these two phenomena and how the resource curse can contribute to energy security risks through both the deliberate and unintentional producer state actions it elicits.

Japan Challenging China's Rare Earth Hegemony

Chinese export restrictions on rare earth metals (REM) directly threaten Japanese industry which is the world’s largest consumer of REM.  What these restrictions look like from a Japanese perspective and how Japanese industry is attempting to cope, through intensified trade relations with new REM producing countries Kazakhstan and Vietnam, is explored in detail by Contributor Ka-ho YU.  

Energy Self-Sufficiency: Reality or Fantasy?

Western publics seem to believe that energy self-sufficiency is an ideal response to those who attempt to wield the ‘energy weapon’. As Gal Luft argues, however, most states will not be able to achieve full energy self-sufficiency, let alone avoid future spikes in prices, in an economically globalized world.

Exploring the Asian Premium in Crude Oil Markets

Exploring the Asian Premium in Crude Oil Markets

How oil is priced and who pays what price has long been a matter of concern to consumers around the world. Historically, Asian oil importers have believed that they pay an 'Asian price premium' for oil over the price consumers in Europe and North America pay for the same commodity.  This article explores whether an Asian premium is in fact a reality or whether price differentials between what  consumers of Middle Eastern oil pay in Asia as compared to other regions are attributable to other factors.  This outstanding article lifts the lid on how oil is priced on international markets and provides a studied analysis for explaining regional oil price differentials using time series analysis.

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US Energy Security Council RT discussion

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Petropoly: the Collapse of America's Energy Security Paradigm
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