Security of supply in Ireland 2006

International Nuclear Information System (INIS)

Bazilian, Morgan; O'Leary, Fergal; O Gallachoir, Brian; Howley, Martin

2006-12-01

This is the second annual report on the title theme from SEI. Since SEI's initial security of supply publication there has been considerable attention paid to the security of supply aspects of energy policy worldwide. This reports updates and refines the metrics used to consider security of supply in Ireland. It also presents new analysis in three areas; the development of a supply/demand index, use of mean variance portfolio analysis for the electricity sector and a high oil price energy forecast scenario

THE COSTS OF ENERGY SUPPLY SECURITY

Energy Technology Data Exchange (ETDEWEB)

Rogner, H.H.; Langlois, L.M.; McDonald, A.; Weisser, D.; Howells, M.

2007-07-01

In general, increasing a country's energy supply security does not come for free. It costs money to build up a strategic reserve, to increase supply diversity or even to accelerate energy efficiency improvements. Nor are all investments in increasing energy supply security cost effective, even if the shocks they are designed to insure against can be predicted with 100% accuracy. The first half of the paper surveys different definitions and strategies associated with the concept of energy supply security, and compares current initiatives to establish an 'assured supply of nuclear fuel' to the International Energy Agency's (IEA's) system of strategic national oil reserves. The second half of the paper presents results from several case studies of the costs and effectiveness of selected energy supply security policies. One case study examines alternative strategies for Lithuania following the scheduled closure of the Ignalina-2 nuclear reactor in 2009. The second case study examines, for countries with different energy resources and demand structures, the effectiveness of a policy to increase supply diversity by expanding renewable energy supplies. (auth)

17 CFR 41.23 - Listing of security futures products for trading.

Science.gov (United States)

2010-04-01

... security futures products for trading, a designated contract market or registered derivatives transaction... 17 Commodity and Securities Exchanges 1 2010-04-01 2010-04-01 false Listing of security futures products for trading. 41.23 Section 41.23 Commodity and Securities Exchanges COMMODITY FUTURES TRADING...

Greenhouse gas credits trade versus biomass trade – weighing (Workshop Summary)

NARCIS (Netherlands)

Junginger, H.M.; Faaij, A.P.C.; Robertson, K.; Woes-Gallasch, S.; Schlamadinger, B.

2006-01-01

A workshop entitled ‘Greenhouse gas credits trade versus biomass trade – weighing the benefits’, jointly organised by IEA Bioenergy Tasks 38 (GHG Balances of Biomass and Bioenergy Systems) and 40 (Sustainable International Bioenergy Trade: Securing Supply and Demand), and ENOVA, took place in

Multi-perspective analysis of China's energy supply security

International Nuclear Information System (INIS)

Geng, Jiang-Bo; Ji, Qiang

2014-01-01

China's energy supply security has faced many challenges such as the drastic change of the international energy environment and the domestic energy situation and so on. This paper constructs a multi-dimensional indicator system for the main risks deriving from four aspects to evaluate the situation of China's energy supply security and analyze its evolution characteristics from 1994 to 2011. The results indicate that the situation of China's energy supply security generally presented a downtrend during 1994–2008, as a result of increasing international energy market monopoly and high volatility of international crude oil prices. After 2008, the overall level of China's energy supply security has improved to the level of 2003, which is attributed to the relatively stable international energy environment as well as the effective implementation of energy policies. - Highlights: • A multi-dimensional index system for energy supply security is constructed. • The dynamic influences of external and internal risks are analyzed. • China's energy supply security presents a downward trend during 1994–2008. • The level of China's energy supply security has improved since 2009

Characterising Wildlife Trade Market Supply-Demand Dynamics

Science.gov (United States)

Rowcliffe, M.; Cowlishaw, G.; Alexander, J. S.; Ntiamoa-Baidu, Y.; Brenya, A.; Milner-Gulland, E. J.

2016-01-01

The trade in wildlife products can represent an important source of income for poor people, but also threaten wildlife locally, regionally and internationally. Bushmeat provides livelihoods for hunters, traders and sellers, protein to rural and urban consumers, and has depleted the populations of many tropical forest species. Management interventions can be targeted towards the consumers or suppliers of wildlife products. There has been a general assumption in the bushmeat literature that the urban trade is driven by consumer demand with hunters simply fulfilling this demand. Using the urban bushmeat trade in the city of Kumasi, Ghana, as a case study, we use a range of datasets to explore the processes driving the urban bushmeat trade. We characterise the nature of supply and demand by explicitly considering three market attributes: resource condition, hunter behaviour, and consumer behaviour. Our results suggest that bushmeat resources around Kumasi are becoming increasingly depleted and are unable to meet demand, that hunters move in and out of the trade independently of price signals generated by the market, and that, for the Kumasi bushmeat system, consumption levels are driven not by consumer choice but by shortfalls in supply and consequent price responses. Together, these results indicate that supply-side processes dominate the urban bushmeat trade in Kumasi. This suggests that future management interventions should focus on changing hunter behaviour, although complementary interventions targeting consumer demand are also likely to be necessary in the long term. Our approach represents a structured and repeatable method to assessing market dynamics in information-poor systems. The findings serve as a caution against assuming that wildlife markets are demand driven, and highlight the value of characterising market dynamics to inform appropriate management. PMID:27632169

Long-term security in energy supplies - the contribution of coal; Dlugofalowe bezpieczenstwo w dostawach energii - udzial wegla

Energy Technology Data Exchange (ETDEWEB)

Schiffer, W. [RWE Power AG, Essen (Germany)

2004-07-01

The paper presents the case for coal as an important pillar in a wide and balanced mix of energy sources. Both domestic lignite and hard coal can be made available at relatively low cost. With coal powering power plants it is possible to achieve all energy policy goals of economic efficiency, security of supply and environmental compatibility. The paper includes much information on the global coal trade, particularly seaborne trade. 4 refs., 26 figs.

Nuclear energy and the security of energy supply

International Nuclear Information System (INIS)

Bertel, E.

2005-01-01

Security of energy supply was a major concern for OECD governments in the early 1970. Since then, successive oil crises, volatility of hydrocarbon prices, as well as terrorist risks and natural disasters, have brought the issue back to the centre stage of policy agendas. In this paper, the author discusses the problem of energy supply security. Can security of supply be measured? What is the role of government and of nuclear energy? And what are measures for ensuring security of supply? (A.L.B.)

Nuclear power: energy security and supply assurances

International Nuclear Information System (INIS)

Rogner, H.H.; McDonald, A.

2008-01-01

Expectations are high for nuclear power. This paper first summarizes recent global and regional projections for the medium-term, including the 2007 updates of IAEA projections plus International Energy Agency and World Energy Technology Outlook projections to 2030 and 2050. One driving force for nuclear power is concern about energy supply security. Two potential obstacles are concerns about increased nuclear weapon proliferation risks, and concerns by some countries about potential politically motivated nuclear fuel supply interruptions. Concerning supply security, the paper reviews different definitions, strategies and costs. Supply security is not free; nor does nuclear power categorically increase energy supply security in all situations. Concerning proliferation and nuclear fuel cut-off risks, the IAEA and others are exploring possible 'assurance of supply' mechanisms with 2 motivations. First, the possibility of a political fuel supply interruption is a non-market disincentive discouraging investment in nuclear power. Fuel supply assurance mechanisms could reduce this disincentive. Second, the risk of interruption creates an incentive for a country to insure against that risk by developing a national enrichment capability. Assurance mechanisms could reduce this incentive, thereby reducing the possible spread of new national enrichment capabilities and any associated weapon proliferation risks. (orig.)

Securing the Containerized Supply Chain: Analysis of Government Incentives for Private Investment

OpenAIRE

Nitin Bakshi; Noah Gans

2010-01-01

To mitigate the threat that terrorists smuggle weapons of mass destruction into the United States through maritime containers, the U.S. Bureau of Customs and Border Protection (CBP) inspects containers upon entry to domestic ports. Inspection-driven congestion is costly, and CBP provides incentives to firms to improve security upstream in the supply chain, thereby reducing the inspection burden at U.S. ports. We perform an economic analysis of this incentive program, called Customs-Trade Part...

The Security of Energy Supply and the Contribution of Nuclear Energy

International Nuclear Information System (INIS)

2011-01-01

What contribution can nuclear energy make to improve the security of energy supply? This study, which examines a selection of OECD member countries, qualitatively and quantitatively validates the often intuitive assumption that, as a largely domestic source of electricity with stable costs and no greenhouse gas emissions during production, nuclear energy can make a positive contribution. Following an analysis of the meaning and context of security of supply, the study uses transparent and policy-relevant indicators to show that, together with improvements in energy efficiency, nuclear energy has indeed contributed significantly to enhanced energy supply security in OECD countries over the past 40 years. Content: Foreword; Executive Summary; 1. The Security of Energy Supply and the Contribution of Nuclear Energy - Concepts and Issues: - Energy supply security: An introduction, - Why security of energy supply remains a policy issue in OECD countries, - The external dimension: import dependence, resource exhaustion and carbon policy, - The internal dimension: economic, financial and technical considerations for energy supply security - Orientations for government policies to enhance the security of energy supply, - Conclusions; 2. Indicators and Models for Measuring Security of Energy Supply Risks: - Introduction, - Different approaches towards designing the Supply/Demand Index, - A detailed review of selected security of supply indicators, - Comprehensive models for assessing the security of energy supply, - The Supply/Demand Index, - Concluding observations; 3. Evolution of the Security of Energy Supply in OECD Countries: - Time-dependent quantification of the security of energy supply, - Changes in security of supply in selected OECD countries, - Electricity generation and the security of energy supply, - The contribution of nuclear energy and energy intensity to the security of energy supply, - The geographical distribution of SSDI values, - Conclusions; 4. Public

Security of supply and regulation of energy networks

International Nuclear Information System (INIS)

Jamasb, Tooraj; Pollitt, Michael

2008-01-01

In recent years, the security of energy supplies has re-emerged as a central issue in the energy policy arena in the UK and elsewhere. This re-emergence takes place against a backdrop of increased liberalisation of the energy markets, so that security of supply needs to be revisited within this context. Security of supply is multifaceted, but is often discussed in terms of physical availability of energy sources and their commodity price risk. This paper discusses the relationship between security of supply and network regulation - that is, how the energy networks, and appropriate regulation of them, can contribute to security of supply in liberalised energy sectors. Energy networks are predominantly natural monopolies and as a result are generally subject to regulatory oversight. We discuss a range of issues and trends that pose challenges and opportunities to network regulation and which call for new and innovative measures. The paper identifies a number of areas where network regulation can play a significant role in increasing the security of supply of future energy systems. (author)

Security of supply in electricity markets: Improving cost efficiency of supplying security and possible welfare gains

DEFF Research Database (Denmark)

Klinge Jacobsen, Henrik; Grenaa Jensen, Stine

2012-01-01

In liberalised markets the ability to maintain security of electricity supply is questioned because security is characterised as a public good. We discuss if this property can be modified with changing technology. Furthermore, we examine if construction of markets for security can be justified...... by possible welfare gains. From a welfare perspective it is possible that security levels are too high and obtained with too high costs. Adjusting the effort so that marginal cost for securing supply is at similar levels in generation capacity and in network maintenance could increase welfare even without...... the need to construct markets. Secondarily, a consumer defined average level of security might improve welfare. Finally, different willingness to pay among customers and construction of advanced markets might increase welfare further. We argue that several cost and welfare improvements can be achieved...

Review of Drug Quality and Security Act of 2013: The Drug Supply Chain Security Act (DSCSA

Directory of Open Access Journals (Sweden)

Elona Gjini

2016-10-01

Full Text Available The Drug Supply Chain Security Act (DSCSA signed into law in November 27, 2013 by president Obama creates a uniform national standard for tracing drug products through the supply chain. The goal of DQSA is to enhance FDA’s ability to help protect consumers by detecting and removing potential dangerous products from the pharmaceutics distribution supply chain. A new electronic, interoperable system will identify and trace only prescription drugs in the finished form for human use while distributed in the United States. The purpose of this review was to shed light on a complex and complicated process that it will require cooperation between FDA and drug manufactures, wholesale drug distributors, repackagers and dispensers. The implementation of the DSCSA is based on several law requirements and FDA has developed a schedule with time frames for each of them to be executed over a 10-year period. From this review, FDA recommendations are provided through the FDA Guidance on Identifying Suspect Product document to help trading partners and provide information about the risk of suspect drugs entering the supply chain. Moreover, FDA organized on April 5-6, 2016 in Silver Spring, MD a public workshop to gather valuable feedback from stakeholders who shared their input about the implementation of the new electronic system and its requirements. By the end of 2023, a unified system will provide easier data exchange and less errors, and will increase the safety and security of the pharmaceutical distribution supply chain.   Type: Student Project

A Goal Oriented Approach for Modeling and Analyzing Security Trade-Offs

Science.gov (United States)

Elahi, Golnaz; Yu, Eric

In designing software systems, security is typically only one design objective among many. It may compete with other objectives such as functionality, usability, and performance. Too often, security mechanisms such as firewalls, access control, or encryption are adopted without explicit recognition of competing design objectives and their origins in stakeholder interests. Recently, there is increasing acknowledgement that security is ultimately about trade-offs. One can only aim for "good enough" security, given the competing demands from many parties. In this paper, we examine how conceptual modeling can provide explicit and systematic support for analyzing security trade-offs. After considering the desirable criteria for conceptual modeling methods, we examine several existing approaches for dealing with security trade-offs. From analyzing the limitations of existing methods, we propose an extension to the i* framework for security trade-off analysis, taking advantage of its multi-agent and goal orientation. The method was applied to several case studies used to exemplify existing approaches.

LEGAL SECURITY ON CELLPHONE TRADING THROUGH ELECTRONIC MEDIA IN INDONESIA

Directory of Open Access Journals (Sweden)

Aan Aswari

2017-05-01

Full Text Available The rapid growth of technology development brings impact on human life related to its utilization. This article analyzes legal security through several components in a cellphone trading through electronic media. This study is a conceptual idea and shows that the implementation of legal security in several components should provide solution to any potential conflicts. A good intention component should be applied to form an ideal legal relation from the beginning to the end and realization in performing its obligation reflect the concrete aspect. Warranty provides protection security for related parties with some governing regulations during transaction. However, some other supporting components have not been effectively contribute to balance the utilization of technology in trading. Keywords: legal security, trading, cellphone, electronic media

Supply chain security orientation in the pharmaceutical industry ...

African Journals Online (AJOL)

Supply chain security orientation is an abstract phenomenon, which, up to now, has received little research attention. The purpose of this study, therefore, was to explore the supply chain security orientation of firms participating in the South African pharmaceutical supply chain with the aim of identifying specific risks and of ...

Security Modeling on the Supply Chain Networks

Directory of Open Access Journals (Sweden)

Marn-Ling Shing

2007-10-01

Full Text Available In order to keep the price down, a purchaser sends out the request for quotation to a group of suppliers in a supply chain network. The purchaser will then choose a supplier with the best combination of price and quality. A potential supplier will try to collect the related information about other suppliers so he/she can offer the best bid to the purchaser. Therefore, confidentiality becomes an important consideration for the design of a supply chain network. Chen et al. have proposed the application of the Bell-LaPadula model in the design of a secured supply chain network. In the Bell-LaPadula model, a subject can be in one of different security clearances and an object can be in one of various security classifications. All the possible combinations of (Security Clearance, Classification pair in the Bell-LaPadula model can be thought as different states in the Markov Chain model. This paper extends the work done by Chen et al., provides more details on the Markov Chain model and illustrates how to use it to monitor the security state transition in the supply chain network.

Capacity Credit and Security of Supply

DEFF Research Database (Denmark)

Chozas, Julia Fernandez; Mathiesen, Brian Vad

2015-01-01

electricity systems are planned, and how renewable energies fit in these systems. The second part of the article assesses the actual contribution that variable renewable energies can make to security of supply, firstly from a qualitative point of view and secondly in measurable terms. The study is based......This paper addresses the question of how renewable energies can contribute to security of supply. In order to analyse this subject, the paper has two differentiated parts. In the first part, the concept of security of supply is reviewed. This provides the baseline to understand how current...... demand for electricity is highest, the study focuses on the capacity credit of future Danish scenarios including high penetrations of offshore wind, onshore wind, wave and solar PV. The results of this project can ultimately lead towards the improvement of existing rules and methods in system planning...

Trade credit and the supply chain

NARCIS (Netherlands)

Fabbri, D.; Klapper, L.F.

2009-01-01

This paper studies supply chain financing. We investigate why a firm extends trade credit to its customers and how this decision relates to its own financing. We use a novel firm-level database with unique information on market power in both output and input markets and on the amount, terms, and

Secure and Efficient Electricity Supply. During the Transition to Low Carbon Power Systems

Energy Technology Data Exchange (ETDEWEB)

NONE

2013-07-01

Electricity shortages can paralyse our modern economies. All governments fear rolling black-outs and their economic consequences, especially in economies increasingly based on digital technologies. Over the last two decades, the development of markets for power has produced cost reduction, technological innovation, increased cross border trade and assured a steady supply of electricity. Now, IEA countries face the challenge of maintaining security of electricity supply during the transition to low-carbon economies. Low-carbon policies are pushing electricity markets into novel territories at a time when most of the generation and network capacity will have to be replaced. Most notably, wind and solar generation, now an integral part of electricity markets, can present new operating and investment challenges for generation, networks and the regional integration of electricity markets. In addition, the resilience of power systems facing more frequent natural disasters is also of increasing concern. IEA Ministers mandated the Secretariat to work on the Electricity Security Action Plan (ESAP), expanding to electricity the energy security mission of the IEA. This paper outlines the key conclusions and policy recommendations to ''keep the lights on'' while reducing CO2 emissions and increasing the efficiency.

Smart trade logistics - Compliance as an opportunity

NARCIS (Netherlands)

Zomer, G.R.

2011-01-01

Facilitation of trade logistics aims at simplification and harmonization of border procedures and related documentation. This is an accelerator for global trade and economic growth and therefore a priority in global trade policy. Trends in logistics and supply chain security and innovations in

Supply Chain Coordination under Trade Credit and Quantity Discount with Sales Effort Effects

Directory of Open Access Journals (Sweden)

Zhihong Wang

2018-01-01

Full Text Available The purpose of this paper is to investigate the role of trade credit and quantity discount in supply chain coordination when the sales effort effect on market demand is considered. In this paper, we consider a two-echelon supply chain consisting of a single retailer ordering a single product from a single manufacturer. Market demand is stochastic and is influenced by retailer sales effort. We formulate an analytical model based on a single trade credit and find that the single trade credit cannot achieve the perfect coordination of the supply chain. Then, we develop a hybrid quantitative analytical model for supply chain coordination by coherently integrating incentives of trade credit and quantity discount with sales effort effects. The results demonstrate that, providing that the discount rate satisfies certain conditions, the proposed hybrid model combining trade credit and quantity discount will be able to effectively coordinate the supply chain by motivating retailers to exert their sales effort and increase product order quantity. Furthermore, the hybrid quantitative analytical model can provide great flexibility in coordinating the supply chain to achieve an optimal situation through the adjustment of relevant parameters to resolve conflict of interests from different supply chain members. Numerical examples are provided to demonstrate the effectiveness of the hybrid model.

Leveraging Trade Agreements to Meet U.S. Security Aims

Science.gov (United States)

2016-04-08

President George H.W. Bush sought means to influence the policies of Latin American states more effectively. Mexico , particularly in the post-Cold War era...security goals. A review of the U.S. trade policy, and its nesting with the National Security Strategy, demonstrates how President Barack Obama’s... President Barack Obama’s strategic “pivot to Asia,” and the Trans-Pacific Partnership (TPP) trade agreement facilitate U.S. enduring national

Assessing Security of Supply: Three Methods Used in Finland

Science.gov (United States)

Sivonen, Hannu

Public Private Partnership (PPP) has an important role in securing supply in Finland. Three methods are used in assessing the level of security of supply. First, in national expert groups, a linear mathematical model has been used. The model is based on interdependency estimates. It ranks societal functions or its more detailed components, such as items in the food supply chain, according to the effect and risk pertinent to the interdependencies. Second, the security of supply is assessed in industrial branch committees (clusters and pools) in the form of indicators. The level of security of supply is assessed against five generic factors (dimension 1) and tens of business branch specific functions (dimension 2). Third, in two thousand individual critical companies, the maturity of operational continuity management is assessed using Capability Maturity Model (CMM) in an extranet application. The pool committees and authorities obtain an anonymous summary. The assessments are used in allocating efforts for securing supply. The efforts may be new instructions, training, exercising, and in some cases, investment and regulation.

Energy security of supply and oil shale resources

International Nuclear Information System (INIS)

Elkarmi, F.

1994-01-01

Jordan must utilize its huge oil shale deposits in order to increase domestic security of energy supply and benefit financially. Utilization processes will require large scale financial expenditures, beyond Jordan's means. Therefore, the BOT scheme seems to be the perfects solution. Since oil shale retorting technology will produce oil which can be traded to generate valuable foreign exchange revenues, it is more advantageous than direct burning technology which produces electricity limited to local consumption regardless of economics. Under the BOT scheme, the incentive, for the foreign sponsor is to return his investment via quantities of oil; for Jordan the aim is to meet local energy demand and acquire the plant infrastructure in the long term. Recent events in the more traditional oil fields of the region make such a project in Jordan more attractive. (author) 3 tabs. 2 figs

Supply Chain Coordination with Carbon Trading Price and Consumers’ Environmental Awareness Dependent Demand

Directory of Open Access Journals (Sweden)

Qinghua Pang

2018-01-01

Full Text Available Carbon emissions reduction in supply chain is an effective method to reduce the greenhouse effect. The paper investigates the impacts of carbon trading price and consumers’ environmental awareness on carbon emissions in supply chain under the cap-and-trade system. Firstly, it analyzes the centralized decision structure and obtains the requirements to coordinate carbon emissions reduction and order quantity in supply chain. Secondly, it proposes the supply chain coordination mechanism with revenue-sharing contract based on quantity discount policy, and the requirements that the contract parameters need to satisfy are also given. Thirdly, assuming the market demand is affected by consumer’s environmental awareness in addition form, the paper proposes the methods to determine the optimal order quantity and the optimal level of carbon emissions through model optimization. Finally, it investigates the impacts of carbon trading price on carbon emissions in supply chain. The results show that clean manufacturer’s optimal per-unit carbon emissions increase as the carbon trading price increases, while nongreen manufacturer’s optimal per-unit carbon emissions decrease as the carbon trading price increases. For the middle emissions manufacturer, the optimal per-unit carbon emissions depend on the relationship between the carbon trading price and the carbon reduction coefficient.

The security of energy supplies in Europe

International Nuclear Information System (INIS)

Vuillemin, Francois

2002-01-01

As an attempt occurred against a French oil tanker in the Persian Gulf (in 2002), and showed that security of oil supplies is not only related to oil shock or to political environment such as the Cold War, this article discusses issues of security for European energy supplies. It first addresses the situation and the evolution of energy needs and resources in the World and in Europe: predictions of evolution of consumption and production, major role of fossil fuels in the European consumption. It discusses the outage risks: the supply security can be analysed with respect to consumption per sector, per usage or per energy product, and Europe must face three major risks (no more hydrocarbon resources at a reasonable cost, economic risk due to market volatility, geopolitical risk). The next part discusses the perspective of a European strategy. It identifies several elements of choice for Europe in terms of energy demand management, of opening up to competition of electricity and gas markets. It discusses European ambitions in terms of supply security: need of a community framework, actual propositions of a directive for oil and gas

Eastern Canadian crude oil supply and its implications for regional energy security

International Nuclear Information System (INIS)

Hughes, Larry

2010-01-01

Canada has been blessed with immense energy resources; however, their distribution is not uniform. One such example is crude oil, which is found primarily in western Canada. Eastern Canada, consisting of the six eastern-most provinces (Newfoundland and Labrador, New Brunswick, Nova Scotia, Ontario, Prince Edward Island, and Quebec), produce limited quantities of crude oil, most of which is exported to the United States. Ideally, western Canadian crude oil would meet the demands of eastern Canada; however, the North American Free Trade Agreement (NAFTA) and the absence of oil pipelines means that eastern Canada increasingly relies on supplies of crude oil from a small number of oil exporting countries, many with declining production. This paper examines crude oil production, supply, and its refining in eastern Canada. It shows that crude production in the region has reached its peak and that increasing global competition for crude oil will affect energy security in eastern Canada, either through price increases or supply shortages, or both. (author)

Energy security of supply under EU climate policies

International Nuclear Information System (INIS)

Groenenberg, H.; Wetzelaer, B.J.H.W.

2006-12-01

The implications of various climate policies for the security of supply in the EU-25 were investigated. The security of supply was quantified using the Supply/Demand (S/D) Index. This index aggregates quantitative information on a country's energy system into one single figure. It takes a value between 0 and 100, with higher values indicating a more secure energy system. The S/D Index was calculated for the year 2020 based on the information in a series of policy scenarios, including a baseline (S/D Index 50.7), an energy efficiency scenario (53.8), two renewable energy scenarios (52.6 and 53.3) and two scenarios with combined policies (55.9 and 55.6).The S/D Index proved a useful indicator for assessing the implications of climate policies for the security of supply. As climate policies become more stringent, CO2 index fall, and the S/D index increases. The magnitude of the changes in the two indices is not always similar however. Major falls in CO2 indices in the order of 20% for two scenarios with combined energy efficiency and renewable energy polices lead to less noteworthy improvements in the associated S/D indices. Nevertheless, this combination of policies leads to the greatest improvements in the security of supply

The relationship between security of supply and its drivers

International Nuclear Information System (INIS)

2007-10-01

The relationship between security of supply of natural gas in the UK and three possible drivers were considered. The drivers discussed are (1) supply margin, (2) reliability of supply and (3) diversity of supply. The department for Business Enterprise and Regulatory Reform's gas security of supply model may be applied to estimate 'expected energy unserved (EEU)' according to a range of conditions of supply and demand. Supply margin and mix can be varied in the model, as can the reliability of supply sources. The paper describes work exploring the impact on the EEU of changes in these three drivers

Energy trading and pricing in microgrids with uncertain energy supply

DEFF Research Database (Denmark)

Ma, Kai; Hu, Shubing; Yang, Jie

2017-01-01

This paper studies an energy trading and pricing problem for microgrids with uncertain energy supply. The energy provider with the renewable energy (RE) generation (wind power) determines the energy purchase from the electricity markets and the pricing strategy for consumers to maximize its profi....... In particular, the uncertainty of the energy supply from the energy provider is considered. Simulation results show that the energy provider can obtain more profit using the proposed decision-making scheme.......This paper studies an energy trading and pricing problem for microgrids with uncertain energy supply. The energy provider with the renewable energy (RE) generation (wind power) determines the energy purchase from the electricity markets and the pricing strategy for consumers to maximize its profit...

Government's role in power supply security. A working group report

International Nuclear Information System (INIS)

2004-01-01

The working group was to analyse the Government's role in terms of improving the security of supply of the electricity market in exceptionally difficult capacity situations and to make propositions for the ways of arranging a tendering procedure concerning security of supply and capacity control, so as to meet the requirements of the EC Energy Internal Market Directives after 1 July 2004. The Working Group considers that there is no need at this stage to introduce a separate new system intended as a supplement to technical reserves in Finland. Such a system would not bring new capacity for the use of the power system, and in the case of existing capacity, production would only be transferred from one market to another. However, the situation may change from this, if there occur such factors on the market that aim to raise the market price of electricity or if it turned out that reserve power plants would be decommissioned on a large scale. The working group proposes that such a provision be added to the Electricity Market Act that would oblige the electricity supplier to notify the Energy Market Authority of a planned service outage of a power plant of at least 100 MVA producing electricity separately, which would fall within the time period 1 December - 28 February. The Energy Market Authority would be vested with the powers to postpone the outage due to a tight output situation, if there are not technical or safety- bound obstacles to this. It is important for the sufficiency of the power need of the Internal Market that the price signals of the market are reflected to both producers and consumers of electricity. The working group further proposes that the Ministry of Trade and Industry would look into development of the meter-reading requirements, so that they would, for their part, create the conditions for price flexibility in power consumption and for new sales products of electricity. In addition, tightening of the hourly metering requirement related to the

Aid for Trade: an opportunity to increase fruit and vegetable supply

Science.gov (United States)

Priyadarshi, Shishir

2013-01-01

Abstract Low fruit and vegetable consumption is an important contributor to the global burden of disease. In the wake of the United Nations High-level Meeting on Non-Communicable Diseases (NCDs), held in September 2011, a rise in the consumption of fruits and vegetables is foreseeable and this increased demand will have to be met through improved supply. The World Health Organization, the Food and Agriculture Organization and the World Bank have highlighted the potential for developing countries to benefit nutritionally and economically from the increased production and export of fruit and vegetables. Aid for Trade, launched in 2005 as an initiative designed to link development aid and trade holistically, offers an opportunity for the health and trade sectors to work jointly to enhance health and development. The Aid for Trade work programme stresses the importance of policy coherence across sectors, yet the commonality of purpose driving the Aid for Trade initiative and NCD prevention efforts has not been explored. In this paper food supply chain analysis was used to show health policy-makers that Aid for Trade can provide a mechanism for increasing the supply of fruits and vegetables in developing countries. Aid for Trade is an existing funding channel with clear accountability and reporting mechanisms, but its priorities are determined with little or no input from the health sector. The paper seeks to enable public health policy-makers, practitioners and advocates to improve coherence between trade and public health policies by highlighting Aid for Trade’s potential role in this endeavour. PMID:23397351

Secure Supply Chains : Design Restrictions & Organizational Boundaries

NARCIS (Netherlands)

Ludema, M.W.

2009-01-01

An important issue in the design of secure supply chains is the understanding of the relation between supply chains and the organizational responsibility of specific parts of these supply chains. Organizational boundaries change over time by means of vertical and/or horizontal (des)-integration and

17 CFR 240.3a12-7 - Exemption for certain derivative securities traded otherwise than on a national securities exchange.

Science.gov (United States)

2010-04-01

... 17 Commodity and Securities Exchanges 3 2010-04-01 2010-04-01 false Exemption for certain derivative securities traded otherwise than on a national securities exchange. 240.3a12-7 Section 240.3a12-7... Miscellaneous Exemptions § 240.3a12-7 Exemption for certain derivative securities traded otherwise than on a...

Indicators of security of natural gas supply in Asia

International Nuclear Information System (INIS)

Cabalu, Helen

2010-01-01

Natural gas has become an increasingly valuable resource and a global commodity. The demand for it has significantly increased. Japan, Korea and Taiwan heavily rely on liquefied natural gas (LNG) imports for their gas supplies from Malaysia, Brunei, Indonesia, Australia and the Middle East. On the other hand, countries like Thailand and Singapore import gas via trans-border pipelines. Gas supply interruptions, volatile gas prices, transportation and distribution bottlenecks, and a growing reliance on imports over longer distances have renewed interest on gas security in Asia. This paper examines the relative vulnerability to natural gas supply disruptions of seven gas-importing countries in Asia for year 2008. Based on four indicators of security of gas supply, a composite gas supply security index is estimated as an overall indication of gas vulnerability for our sample countries. The results demonstrate that there are differences in the values of the overall indicator of gas vulnerability among countries and the assessment is useful in developing an effective strategy of natural gas supply security in countries in the Asian region. (author)

Security management of water supply

Directory of Open Access Journals (Sweden)

Tchórzewska-Cieślak Barbara

2017-03-01

Full Text Available The main aim of this work is to present operational problems concerning the safety of the water supply and the procedures for risk management systems functioning public water supply (CWSS and including methods of hazard identification and risk assessment. Developed a problem analysis and risk assessment, including procedures called. WSP, which is recommended by the World Health Organization (WHO as a tool for comprehensive security management of water supply from source to consumer. Water safety plan is a key element of the strategy for prevention of adverse events in CWSS.

Trade and compliance cost model in the international supply chain

NARCIS (Netherlands)

Arsyida, Tuty; van Delft, Selma; Rukanova, B.D.; Tan, Y.

2017-01-01

Trade costs for international supply chain are huge, even in the absence of formal barriers. It is necessary for all the stakeholders, both private and public organizations, to support an effective and efficient border compliance process. Very little trade cost model research has been done at the

Intermodal Supply Chain Risk Management

OpenAIRE

Maslarić, Marinko; Brnjac, Nikolina; Bago, Drago

2016-01-01

Efficient and secure global supply chains contribute to the Improvement of the competitiveness of the products traded on international markets by reducing their costs and delivery time while increasing the reliability and security. Global supply chains are unthinkable without transport integration, which is usually accomplished through the form of intermodal transport systems. Intermodal transport systems are much more complex than the unimodal ones due to the number of stakeholders, included...

Public assessment of new surveillance-oriented security technologies: Beyond the trade-off between privacy and security.

Science.gov (United States)

Pavone, Vincenzo; Esposti, Sara Degli

2012-07-01

As surveillance-oriented security technologies (SOSTs) are considered security enhancing but also privacy infringing, citizens are expected to trade part of their privacy for higher security. Drawing from the PRISE project, this study casts some light on how citizens actually assess SOSTs through a combined analysis of focus groups and survey data. First, the outcomes suggest that people did not assess SOSTs in abstract terms but in relation to the specific institutional and social context of implementation. Second, from this embedded viewpoint, citizens either expressed concern about government's surveillance intentions and considered SOSTs mainly as privacy infringing, or trusted political institutions and believed that SOSTs effectively enhanced their security. None of them, however, seemed to trade privacy for security because concerned citizens saw their privacy being infringed without having their security enhanced, whilst trusting citizens saw their security being increased without their privacy being affected.

Linking consumer energy efficiency with security of supply

International Nuclear Information System (INIS)

Rutherford, J.P.; Scharpf, E.W.; Carrington, C.G.

2007-01-01

Most modern energy policies seek to achieve systematic ongoing incremental increases in consumer energy efficiency, since this contributes to improved security of supply, favourable environmental outcomes and increased economic efficiency. Yet realised levels of efficiency are typically well below the most cost-effective equilibrium due to variety of behavioural and organisational barriers, which are often linked to information constraints. In addition efficient users are normally unrewarded for collective benefits to system security and to the environment, thus reducing the incentives for energy consumers to invest in efficiency improvements. This paper examines the dichotomies and symmetries between supply- and demand-side solutions to energy security concerns and reviews opportunities to overcome barriers to improved consumer efficiency. A security market is identified as a mechanism to promote both demand- and supply-side investments that support electricity system security. Such a market would assist in setting the optimal quantity of reserves while achieving an efficient balance between supply- and demand-side initiatives. It would also help to smooth overall investment throughout the energy system by encouraging incremental approaches, such as distributed generation and demand-side alternatives where they provide competitive value. Although the discussion is applicable to energy systems in general, it focuses primarily on electricity in New Zealand

Trade and investment rules for energy

Energy Technology Data Exchange (ETDEWEB)

NONE

2009-09-15

Rules that govern energy trade is an issue that has generated increasing concern everywhere, from the standpoint of both the security of supply for consumers and security of demand for suppliers. This concern reflects the importance of rules that comprehensively address the needs from supply and demand point of view and integrate the international fabric of energy trade. The GATT and the WTO Agreement define trans-border movement of energy but leave many aspects unclear, particularly as efforts accelerate to control carbon emissions. This timely report by a WEC Task Force of experts with legal standing in the energy business identifies the most pressing issues relating to energy trade and suggests actions and measures which, if implemented, would provide clarity and answer many questions. More importantly, these measures would strengthen the WTO and coming rounds of negotiations.

Delivering a secure electricity supply on a low carbon pathway

International Nuclear Information System (INIS)

Boston, Andy

2013-01-01

The energy system can only be considered sustainable in the long term if it is low carbon, affordable and secure. These three create a complex trilemma for all stakeholders in the energy business who have to strike a careful balance without neglecting any one aspect. This discussion paper examines the issues surrounding security of supply of the power system which has received less attention than the other aspects. It looks at how threats and mitigation measures can be classified in terms of where they act on the supply chain and the timescale over which they act. Only by considering the full range of timescales from seconds to decades can the full picture emerge of the effects of new technologies on security of supply. An examination of blackouts over the past 40 years sheds light on the causes of failure to supply and the most vulnerable aspects of the supply chain. - Highlights: ► Energy systems are only sustainable if they are low carbon, affordable and secure. ► Threats to security can be classified by timescale and position in the supply chain. ► The impact of new technologies on security must be considered across all timescales. ► Recent blackouts show the network is most vulnerable and weather the leading cause

Supply Security in Future Nuclear Fuel Markets

Energy Technology Data Exchange (ETDEWEB)

Seward, Amy M. [Pacific Northwest National Lab. (PNNL), Richland, WA (United States); Wood, Thomas W. [Pacific Northwest National Lab. (PNNL), Richland, WA (United States); Gitau, Ernest T. [Pacific Northwest National Lab. (PNNL), Richland, WA (United States); Ford, Benjamin E. [Pacific Northwest National Lab. (PNNL), Richland, WA (United States)

2013-11-18

Previous PNNL work has shown the existing nuclear fuel markets to provide a high degree of supply security, including the ability to respond to supply disruptions that occur for technical and non-technical reasons. It is in the context of new reactor designs – that is, reactors likely to be licensed and market ready over the next several decades – that fuel supply security is most relevant. Whereas the fuel design and fabrication technology for existing reactors are well known, the construction of a new set of reactors could stress the ability of the existing market to provide adequate supply redundancy. This study shows this is unlikely to occur for at least thirty years, as most reactors likely to be built in the next three decades will be evolutions of current designs, with similar fuel designs to existing reactors.

Supply Security in Future Nuclear Fuel Markets

International Nuclear Information System (INIS)

Seward, Amy M.; Wood, Thomas W.; Gitau, Ernest T.; Ford, Benjamin E.

2013-01-01

Previous PNNL work has shown the existing nuclear fuel markets to provide a high degree of supply security, including the ability to respond to supply disruptions that occur for technical and non-technical reasons. It is in the context of new reactor designs - that is, reactors likely to be licensed and market ready over the next several decades - that fuel supply security is most relevant. Whereas the fuel design and fabrication technology for existing reactors are well known, the construction of a new set of reactors could stress the ability of the existing market to provide adequate supply redundancy. This study shows this is unlikely to occur for at least thirty years, as most reactors likely to be built in the next three decades will be evolutions of current designs, with similar fuel designs to existing reactors.

Aquarium Trade Supply-Chain Losses of Marine Invertebrates Originating from Papua New Guinea.

Science.gov (United States)

Militz, Thane A; Kinch, Jeff; Southgate, Paul C

2018-04-01

A major difficulty in managing live organism wildlife trade is often the reliance on trade data to monitor exploitation of wild populations. Harvested organisms that die or are discarded before a point of sale are regularly not reported. For the global marine aquarium trade, identifying supply-chain losses is necessary to more accurately assess exploitation from trade data. We examined quality control rejections and mortality of marine invertebrates (Asteroidea, Gastropoda, Malacostraca, Ophiuroidea) moving through the Papua New Guinea marine aquarium supply-chain, from fisher to importer. Utilizing catch invoices and exporter mortality records we determined that, over a 160 day period, 38.6% of the total invertebrate catch (n = 13,299 individuals) was lost before export. Supply-chain losses were divided among invertebrates rejected in the quality control process (11.5%) and mortality of the accepted catch in transit to, and during holding at, an export facility (30.6%). A further 0.3% died during international transit to importers. We quantified supply-chain losses for the ten most fished species which accounted for 96.4% of the catch. Quality control rejections (n = 1533) were primarily explained by rejections of oversized invertebrates (83.2% of rejections). We suggest that enforceable size limits on species prone to size-based rejections and elimination of village-based holding of invertebrates would reduce losses along the Papua New Guinea supply-chain. This case study underscores that low mortality during international transit may mask large losses along supply-chains prior to export and exemplifies the limitations of trade data to accurately monitor exploitation.

Aquarium Trade Supply-Chain Losses of Marine Invertebrates Originating from Papua New Guinea

Science.gov (United States)

Militz, Thane A.; Kinch, Jeff; Southgate, Paul C.

2018-04-01

A major difficulty in managing live organism wildlife trade is often the reliance on trade data to monitor exploitation of wild populations. Harvested organisms that die or are discarded before a point of sale are regularly not reported. For the global marine aquarium trade, identifying supply-chain losses is necessary to more accurately assess exploitation from trade data. We examined quality control rejections and mortality of marine invertebrates (Asteroidea, Gastropoda, Malacostraca, Ophiuroidea) moving through the Papua New Guinea marine aquarium supply-chain, from fisher to importer. Utilizing catch invoices and exporter mortality records we determined that, over a 160 day period, 38.6% of the total invertebrate catch ( n = 13,299 individuals) was lost before export. Supply-chain losses were divided among invertebrates rejected in the quality control process (11.5%) and mortality of the accepted catch in transit to, and during holding at, an export facility (30.6%). A further 0.3% died during international transit to importers. We quantified supply-chain losses for the ten most fished species which accounted for 96.4% of the catch. Quality control rejections ( n = 1533) were primarily explained by rejections of oversized invertebrates (83.2% of rejections). We suggest that enforceable size limits on species prone to size-based rejections and elimination of village-based holding of invertebrates would reduce losses along the Papua New Guinea supply-chain. This case study underscores that low mortality during international transit may mask large losses along supply-chains prior to export and exemplifies the limitations of trade data to accurately monitor exploitation.

78 FR 59706 - Secure Supply Chain Pilot Program; Correction

Science.gov (United States)

2013-09-27

...] Secure Supply Chain Pilot Program; Correction AGENCY: Food and Drug Administration, HHS. ACTION: Notice... Federal Register of August 20, 2013 (78 FR 51192). The document announced the start of the Secure Supply Chain Pilot Program (SSCPP). The document was published with an incorrect email address for the SSCPP...

Digital Trade Infrastructures: A Framework for Analysis

Directory of Open Access Journals (Sweden)

Boriana Boriana

2018-04-01

Full Text Available In global supply chains, information about transactions resides in fragmented pockets within business and government systems. The lack of reliable, accurate and complete information makes it hard to detect risks (such as safety, security, compliance and commercial risks and at the same time makes international trade inefficient. The introduction of digital infrastructures that transcend organizational and system domains is driven by the prospect of reducing the fragmentation of information, thereby enabling improved security and efficiency in the trading process. This article develops a digital trade infrastructure framework through an empirically grounded analysis of four digital infrastructures in the trade domain, using the conceptual lens of digital infrastructure.

Secure Energy Supply 2009. Welcome address

International Nuclear Information System (INIS)

Slugen, V.

2009-01-01

In this invitation lecture professor Slugen (President of Slovak Nuclear Society and President of European Nuclear Society) invited the participants of the International Conference: Secure Energy Supply 2009.

Conference on the security of electricity supply: France-Germany crossed views

International Nuclear Information System (INIS)

Caron, Antoine; Kaelble, Laure; Maurer, Christoph; Veyrenc, Thomas; Roques, Fabien; Jacquemart, Yannick; John, Oliver

2015-01-01

The French-German office for Renewable energies (OFAEnR), in cooperation with the French transmission system operator - RTE, organised a conference on security of electricity supply in France and in Germany. In the framework of this French-German exchange of experience, about 160 participants exchanged their views on the following topics: the regulatory framework and the legal instruments for ensuring the security of supply, the role of energy transmission system operators, the role of renewable energies in the electricity market and their impact on the security of supplies. This document brings together the available presentations (slides) made during this event: 1 - Security of supply and electricity markets (Antoine Caron); 2 - White Paper on electricity Market Design (Laure Kaelble); 3 - Security of Supply - Concept and Definition: On the Way to a Common Understanding? (Christoph Maurer); 4 - The French capacity market: lessons learnt and way forward (Thomas Veyrenc); 5 - electricity market evolutions: divergencies and compatibilities between French and German models? (Fabien Roques); 6 - Infrastructures and European coordination: action of the French transmission system operator - RTE (Yannick Jacquemart); 7 - Interconnection and Security of Supply - experiences of the German TSO Amprion at the French-German Border (Oliver John)

Demand and supply of wood fuels in the emission trade

International Nuclear Information System (INIS)

Ranta, T.; Lahtinen, P.; Laitila, J.

2005-01-01

The emission trade according to the EU directive on greenhouse gas emission allowance started at the beginning of the year 2005. This will boost the demand for wood fuels because of the addition-al value of CO 2 neutrality compared to fossil fuels. This bulletin covers the development of the demand and supply of wood fuels from 2002 to 2010 both at a national and a provincial level. The demand and supply balance of wood fuels will be evaluated both without the effect of emission trade and when the emission trade price level is 20 euro/ton- CO 2 for emission rights in 2010. The evaluations of fuel consumption for individual boilers were made with the help of the databases of Electrowatt-Ekono Ltd. The demand for wood fuels was estimated to double by the year 2010, being almost 50 TWh. The share of forest chips of the demand was one third, i.e. 17 TWh. The supply potential was divided into forest chips and solid by-products from forest industry. Forest chip sources included small diameter wood from young forests and logging residues and stumps from re-generation felling sites. The supply potential calculations of logging residues and stump biomass were based on databases of regeneration felling stands. The biomass potential from small diamreter wood was evaluated on the basis of field measurements of NFI 8 and 9 at a provincial level and multi-source data at a municipal level. In 2010, the supply potential of by-products was estimated to be 28 TWh of which 11 TWh was marketable out-side of the internal use of forest industry. Correspondingly, the theoretical potential of forest chips was estimated to be 51 TWh and the techno-economical potential 24 TWh. As a result of the regional optimization model, the energy use of wood fuels was 29 TWh, which was 59 % of the potential demand. In emission trade the demand was 33 TWh, which was 68 % of the potential demand. Regionally, the potential demand for wood fuels for energy use was higher than the supply in all provinces

Assessment of energy security in China based on ecological network analysis: A perspective from the security of crude oil supply

International Nuclear Information System (INIS)

Lu, Weiwei; Su, Meirong; Zhang, Yan; Yang, Zhifeng; Chen, Bin; Liu, Gengyuan

2014-01-01

Energy security usually considers both the stability of energy supply and security of energy use and it is receiving increasing attention globally. Considering the strategic importance and sensitivity to international change of the crude oil supply, we decided to examine China’s energy security. An original network model was established based on ecological network analysis to holistically evaluate the security of the crude oil supply in China. Using this model, we found that the security of the crude oil supply in China generally increased from 2001 to 2010. The contribution of different compartments in the network to the overall energy security resembled a pyramid structure, with supply sources at the bottom, the consumption sector at the top, and the refining and transfer sectors in the middle. North and South America made the largest contribution to the security of the crude oil supply in China. We provide suggestions to improve the security of the crude oil supply in China based on our results and further scenario analysis. The original network model provides a new perspective for energy security assessment, which can be used as a baseline to develop other models and policy. - Highlights: • Ecological network analysis (ENA) is introduced into energy security assessment. • A model of crude oil supply network in China is established based on ENA. • A pyramid structure of the contributions of different compartments to energy security was found. • Suggestions for forming a stable network are given to improve energy security

Security of the electricity supply. The area of conflict between profitability and environmental compatibility

International Nuclear Information System (INIS)

Praktiknjo, Aaron

2013-01-01

The scope of the book is on the one hand support for the power industry defining investment and sales strategies that intend optimum supply security in the view of the customer and on the other hand the information for energy and environmental politicians demonstrating the conflict of objectives. The following issues are covered: technical and organizational aspects of electricity supply, theoretical background of the security of electricity supply, security of supply for economic sections, security of electricity supply for private households: theoretical microeconomic approach, security of electricity supply for private households: method of defined preferences, security of electricity supply in the context of climate protection and nuclear phase-out.

International Conference SES 2006. Secure Energy Supply

International Nuclear Information System (INIS)

2006-01-01

The International Conference SES 2006 (Secure Energy Supply, Bezpecna dodavka energie) was realised in Bratislava, during September 26 - 29, 2006 in the hotel Crowne Plaza and deals with most important problems of world and Slovak energetics. In work of Conference took part 108 slovak and 33 foreign participant from 11 countries of the world. Negotiations were realised in five sessions. First two days were devoted to lectures and second two days were visits of selected slovak energetic equipment. On the Conference has resounded matter of fact, that secure energy supply is extremely important subject for economy, but also for population

Study on the Coordination of Supply Chain Based on Carbon Emissions Trading Considering the Retailers’ Competition

Directory of Open Access Journals (Sweden)

Wang Daoping

2017-01-01

Full Text Available This paper studies the coordination of supply chain in the context of carbon emissions trading mechanism, which considering the competition between retailers. Centralized and decentralized supply chain models were constructed to discuss the price of product, to avoid the losses of profit from the decentralized decision-making, the revenue-sharing contract was introduced to coordinate the supply chain. Research shows that the carbon emissions trading reduce emissions effectively, but the higher price of carbon emissions trading cut down the total profit of supply chain; The competition between retailers upgrades the supply chain members’ profit; Coordination was achieved by introducing the revenue-sharing contract. Finally, numerical example was given to illustrate the validity of the revenue-sharing contract, and the sensitivity analysis of parameters such as the price of the emissions trading and the retailers’ competition were presented.

A Stochastic Model for Improving Information Security in Supply Chain Systems

OpenAIRE

Ibrahim Al Kattan; Ahmed Al Nunu; Kassem Saleh

2009-01-01

This article presents a probabilistic security model for supply chain management systems (SCM) in which the basic goals of security (including confidentiality, integrity, availability and accountability, CIAA) are modeled and analyzed. Consequently, the weak points in system security are identified. A stochastic model using measurable values to describe the information system security of a SCM is introduced. Information security is a crucial and integral part of the network of supply chains. ...

Speaker's presentations. Energy supply security

International Nuclear Information System (INIS)

Pierret, Ch.

2000-01-01

This document is a collection of most of the papers used by the speakers of the European Seminar on Energy Supply Security organised in Paris (at the French Ministry of Economy, Finance and Industry) on 24 November 2000 by the General Direction of Energy and Raw Materials, in co-operation with the European Commission and the French Planning Office. About 250 attendees were present, including a lot of high level Civil Servants from the 15 European State members, and their questions have allowed to create a rich debate. It took place five days before the publication, on 29 November 2000, by the European Commission, of the Green Paper 'Towards a European Strategy for the Security of Energy Supply'. This French initiative, which took place within the framework of the European Presidency of the European Union, during the second half-year 2000. will bring a first impetus to the brainstorming launched by the Commission. (author)

The Anatomy of Digital Trade Infrastructures

DEFF Research Database (Denmark)

Rukanova, Boriana; Zinner Henriksen, Helle; Henningsson, Stefan

2017-01-01

In global supply chains information about transactions resides in fragmented pockets within business and government systems. The introduction of digital trade infrastructures (DTI) that transcend organizational and systems domains is driven by the prospect of reducing this information fragmentation......, thereby enabling improved security and efficiency in trade process. To understand the problem at hand and build cumulative knowledge about its resolution a way to conceptualize the different digital trade infrastructure initiatives is needed. This paper develops the Digital Trade Infrastructure Framework...

A report on anti-earthquake countermeasures of the switchyard etc. with a view to securing reliability of offsite power supply for Nuclear Power Stations etc. (Attachment)

International Nuclear Information System (INIS)

2011-01-01

Submission of a report on anti-earthquake countermeasures of the switchyard etc. with a view to securing reliability of offsite power supply for Nuclear Power Stations etc. to Nuclear and Industrial Safety Agency of Ministry of Economy, Trade and Industry

Liberalisation and the security of gas supply in the UK

International Nuclear Information System (INIS)

Wright, Philip

2005-01-01

This paper contests the view held by the current UK government and its industry regulator, OFGEM, that liberalisation is good for security of supply. Focusing on the downstream aspects of the security of UK gas supply, on system security, it considers the impact of the different aspects of liberalisation: of legal governance, supply competition, de-integration, market simulation, regulation and the interaction of liberalised gas and electricity markets. Categorising these impacts in terms of security threats and threats to security response, it finds that individually and as a complex collectivity they have increased the risks of supply failure, either potential or already realised, in a variety of ways: from creating increased uncertainty and failing to signal adequate or appropriate investment, to legal ambiguity which divorces responsibility from liability and renders legal liability indeterminate ex ante. Moreover, one of the UK government's responses to these increased dangers, which it does appear to perceive, is revealed as itself paralysed by the liberalisation paradigm: the government can only intervene pre-emptively with information in attempt to persuade the market to behave as it thinks it should. Meanwhile, however, the government has also had to recognise its default responsibility for security of supply and make preparations to intervene in an emergency situation: liberalisation can only be challenged when it is already too late

17 CFR 41.27 - Prohibition of dual trading in security futures products by floor brokers.

Science.gov (United States)

2010-04-01

... trading in a security futures product on a designated contract market or registered derivatives...) Registered derivatives transaction execution facilities. Prior to listing a security futures product for... 17 Commodity and Securities Exchanges 1 2010-04-01 2010-04-01 false Prohibition of dual trading in...

Market Design and Supply Security in Imperfect Power Markets

DEFF Research Database (Denmark)

Schwenen, Sebastian

2014-01-01

Supply security in imperfect power markets is modelled under different market designs. In a uniform price auction for electricity with two firms, strategic behaviour may leave firms offering too few capacities and unable to supply all realized demand. Market design that relies oncapacity markets...... increases available generation capacities for sufficiently high capacity prices and consequently decreases energy prices. However, equilibrium capacity prices are non-competitive. Capacity markets can increase security of supply, but cannot mitigate market power, which is exercised in the capacity market...

78 FR 39712 - Critical Infrastructure Protection and Cyber Security Trade Mission to Saudi Arabia and Kuwait...

Science.gov (United States)

2013-07-02

... DEPARTMENT OF COMMERCE International Trade Administration Critical Infrastructure Protection and Cyber Security Trade Mission to Saudi Arabia and Kuwait Clarification and Amendment AGENCY... cyber-security firms and trade organizations which have not already submitted an application are...

The Kyoto protocol - a victim of supply security? or: if Maslow were in energy politics

International Nuclear Information System (INIS)

Frei, Christoph W.

2004-01-01

History suggests that energy policy priorities can be stratified, similar to the way Maslow structured his famous pyramid of human needs. The essay below claims that access to energy, supply security, energy costs, environmental issues and social acceptance are not subject to trade-off, but to a hierarchy that underlies the importance of satisfying lower-order needs before addressing the higher-order needs. The essay demonstrates the hierarchy with an 'energy policy needs pyramid' based on historical evidence. The pyramid is used to analyze the viability of current items of the energy policy agenda. Conclusions indicate that the Kyoto protocol might be a victim of supply insecurity, that OPEC is good for the environment and that environmentalists should make the fight against energy poverty their first priority in order to achieve their overall goals

Determinants of Supply and Demand for Trade Credit by Micro, Small and Medium-Sized Enterprises

Directory of Open Access Journals (Sweden)

Claudinê Jordão de Carvalho

2015-08-01

Full Text Available This article investigates the determinant factors of supply and demand for trade credit by micro, small and medium-sized enterprises (MSMEs, using data collected in a survey of managers from 481 firms in 32 cities in the states of São Paulo and Minas Gerais (Brazil between 2008 and 2010. The multivariate relationship model proposed here is grounded in trade credit, agency and transaction costs theories. This study is based on a technique known as path analysis that uses a system of simple regressions estimated by simultaneous equations. The main results show the following: (i trade credit and short-term bank loans are supplementary (and not substitute sources of funds for MSMEs, which demonstrates that trade credit can be used by financial institutions as an indicator of the creditworthiness of the company; (ii the proportion of credit sales, the days sales outstanding measure and sales growth are positively related to the amount of trade credit demanded, which suggests that trade credit is transferred along the supply chain; and (iii the supply of trade credit is positively related to the importance that management ascribes to both internal capital and bank credit, which illustrates the strategic use of the supply of trade credit to increase sales. These results have important implications for companies' managers, financial institutions and the government agencies responsible for formulating policies that support and promote the development of small and medium-sized enterprises.

12 CFR 551.150 - How do my officers and employees file reports of personal securities trading transactions?

Science.gov (United States)

2010-01-01

... of personal securities trading transactions? 551.150 Section 551.150 Banks and Banking OFFICE OF... TRANSACTIONS Securities Trading Policies and Procedures § 551.150 How do my officers and employees file reports of personal securities trading transactions? An officer or employee described in § 551.140(d) must...

Designing indicators of long-term energy supply security

International Nuclear Information System (INIS)

Jansen, J.C.; Van Arkel, W.G.; Boots, M.G.

2004-01-01

To our knowledge, so far amazingly little research work has been undertaken to construct meaningful indicators of long-run energy supply security for a particular nation or region. Currently, in addressing energy supply security, policy makers tend to emphasise short-term supply disruptions. In contrast, this pre-study accords with the broader Sustainability Outlook in considering the long-term perspective. This report starts with taking stock, in a concise way, of the official EU energy outlook and issues related to the opportunities to administer changes in the energy mix at the level of major energy use categories. Then a brief survey of relevant literature is made on long-term strategies to ensure survival of systems - be it biological, social, etc. - in an environment largely characterised by high uncertainty and a lot of unchartered territory. We found the work of Andrew Stirling very inspiring in this context. Based on his work and considering the limitations of the present research activity, we retained the Shannon index as the best 'simple' indicator of diversity. In the core of the report, the Shannon index is elaborated into four indicators of long-term energy supply security. Stepwise, additional aspects of long-term energy supply security are introduced. These aspects are: Diversification of energy sources in energy supply; Diversification of imports with respect to imported energy sources; Long-term political stability in regions of origin; The resource base in regions of origin, including the home region/country itself. After small adjustments to allow for data availability, these indicators were applied to the reference year 2030 of four long-term scenarios with data of base year 1995 and projections for underlying variables provided by the Netherlands Environmental Assessment Agency (MNP). Preliminary interpretation of the results suggests the usefulness of the indicators presented in this report. A second activity undertaken in this report was

Trends in International Security and Trade (Trade Experts’ Roundtable, 2017

Directory of Open Access Journals (Sweden)

Elinor Sloan

2017-08-01

Full Text Available With so many trouble spots in the world, it can be difficult for Canadian businesses to know where to trade successfully and with some assurance of security. Canadian government organizations affiliated with Global Affairs Canada (GAC need to take a broader view of international security, rather than assessing states in isolation, if businesses are to have the vital information they need. Multinational firms typically have their own risk-management strategies, but smaller enterprises need outside help to get information on the safety and viability of potential export markets. However, none of these GAC-affiliated organizations examines the security risks inherent in the interactions between countries. While GAC focuses mainly on economics, tariffs, language barriers and other factors, the Crown corporation Export Development Canada (EDC does risk assessments of various countries to determine what level of political risk insurance it should offer to Canadian companies. The Business Development Bank, best known for its domestic work with Canadian businesses, has branched out into the foreign realm too, but only in terms of industry and market research on export assessments. Based on long-term GDP projections, some interesting forecasts have been made that will affect how and where Canadian businesses trade internationally. They will need accurate information on risk and security in order to do so. By 2030, the four largest world economies will be those of the U.S., China, India and Japan. For now, the best bets for Canadian businesses in the short to medium term include China, India and some Southeast Asian countries, although there are some accompanying dangers in these areas. Pakistan, Nigeria and Egypt have the potential to be good markets for Canadian exports, but the current risk from terrorist activity precludes foreign commercial interests. The unstable relationships between countries in the world’s hotspots need continuing assessment and

Nuclear safety and energy supply security: conflict or goal?

International Nuclear Information System (INIS)

Kutas, S.

2006-01-01

Energy generation and safety problems at the nuclear power plant have been analysed. Nuclear power plants are operated on the commercial basis in many countries today. Safety and security in energy generation and distribution is a complex problem. Energy supply reliability, security energy price and other issues should be co-ordinated and solved at the same time. Decentralisation and deregulation means new challenges for regulatory bodies and assurance of security. International co-operation in this field is very important. Western European Nuclear Regulators' Association (WENRA) consolidates efforts of regulatory bodies of European countries in order to harmonize approaches of nuclear safety. Nuclear Safety, and security of energy supply is the task and goal at the same time. (author)

Impact of market forces on security of supply; Markedsgoerelse af forsyningssikkerhed

Energy Technology Data Exchange (ETDEWEB)

Klinge Jakobsen, H.; Kromann, M.T.; Hoermann, M. (and others)

2010-05-15

Marketisation of security of supply can result in efficiency in the overall energy system and cost savings for end users. The analyses show that savings may be gained, particularly in connection with the part of security of supply which is about sufficiency. With modern metering and communication equipment, it is realistic that all consumers have the opportunity to express an upper limit on the price of electricity. In the near future, selected consumption may be turned off at extremely high prices. Those parts of the security of supply, that relates to local networks and that are of the nature of a collective benefit, may be more difficult to make market-oriented. There is, however, already some marketisation, as firms with particularly critical use of electricity invest in backup power plants. The report describes methods for the regulation of grid companies, including cost control, which gives them an incentive to balance the investment in improvements to the security of supply against the cost. Marketisation of security of supply can be done in several steps. Here the following steps are analyzed: a) Cost visibility and reduction; b) Establishment of level of security of supply based on consumer preferences (cost of losses); c) Security of supply varying between consumers, duration and timing; d) Individual level of security of supply. It is at present generally difficult to judge how many of these steps it is appropriate to take. 3 simplistic cases are made of power reserves, transmission and distribution, which indicate how the costs of security of supply can be weighed against advantages. In all three cases it is concluded that supply element has costs for the consumers, but in a magnitude which might well be justified in relation to the benefits. The level of detail in the cases does not, however, justify actual conclusions about the relationship between costs and benefits. It is confirmed in this project through model analysis that savings can be achieved

Privacy and security perceptions of european citizens: A test of the trade-off model

NARCIS (Netherlands)

Friedewald, M.; Lieshout, M. van; Rung, S.; Ooms, M.; Ypma, J.

2015-01-01

This paper considers the relationship between privacy and security and, in particular, the traditional “trade-off” paradigm that argues that citizens might be willing to sacrifice some privacy for more security. Academics have long argued against the trade-off paradigm, but these arguments have

Structure and evolution of the global seafood trade network

Science.gov (United States)

Gephart, Jessica A.; Pace, Michael L.

2015-12-01

The food production system is increasingly global and seafood is among the most highly traded commodities. Global trade can improve food security by providing access to a greater variety of foods, increasing wealth, buffering against local supply shocks, and benefit the environment by increasing overall use efficiency for some resources. However, global trade can also expose countries to external supply shocks and degrade the environment by increasing resource demand and loosening feedbacks between consumers and the impacts of food production. As a result, changes in global food trade can have important implications for both food security and the environmental impacts of production. Measurements of globalization and the environmental impacts of food production require data on both total trade and the origin and destination of traded goods (the network structure). While the global trade network of agricultural and livestock products has previously been studied, seafood products have been excluded. This study describes the structure and evolution of the global seafood trade network, including metrics quantifying the globalization of seafood, shifts in bilateral trade flows, changes in centrality and comparisons of seafood to agricultural and industrial trade networks. From 1994 to 2012 the number of countries trading in the network remained relatively constant, while the number of trade partnerships increased by over 65%. Over this same period, the total quantity of seafood traded increased by 58% and the value increased 85% in real terms. These changes signify the increasing globalization of seafood products. Additionally, the trade patterns in the network indicate: increased influence of Thailand and China, strengthened intraregional trade, and increased exports from South America and Asia. In addition to characterizing these network changes, this study identifies data needs in order to connect seafood trade with environmental impacts and food security outcomes.

76 FR 1521 - Security Zone: Fleet Industrial Supply Center Pier, San Diego, CA

Science.gov (United States)

2011-01-11

...-AA87 Security Zone: Fleet Industrial Supply Center Pier, San Diego, CA AGENCY: Coast Guard, DHS. ACTION... Diego, CA. The existing security zone is around the former Fleet Industrial Supply Center Pier. The security zone encompasses all navigable waters within 100 feet of the former Fleet Industrial Supply Center...

A social-ecological analysis of ecosystem services supply and trade-offs in European wood-pastures

Science.gov (United States)

Hartel, Tibor

2018-01-01

Wood-pastures are complex social-ecological systems (SES), which are the product of long-term interaction between society and its surrounding landscape. Traditionally characterized by multifunctional low-intensity management that enhanced a wide range of ecosystem services (ES), current farm management has shifted toward more intensive farm models. This study assesses the supply of ES in four study areas dominated by managed wood-pastures in Spain, Sweden, and Romania. On the basis of 144 farm surveys and the use of multivariate techniques, we characterize farm management and structure in the study areas and identify the trade-offs in ES supply associated with this management. We link these trade-offs to multiple factors that characterize the landholding: economic, social, environmental, technological, and governance. Finally, we analyze how landholders’ values and perspectives have an effect on management decisions. Results show a differentiated pattern of ES supply in the four study areas. We identified four types of trade-offs in ES supply that appear depending on what is being promoted by the farm management and that are associated with different dimensions of wood-pasture management: productivity-related trade-offs, crop production–related trade-offs, multifunctionality-related trade-offs, and farm accessibility–related trade-offs. These trade-offs are influenced by complex interactions between the properties of the SES, which have a direct influence on landholders’ perspectives and motivations. The findings of this paper advance the understanding of the dynamics between agroecosystems and society and can inform system-based agricultural and conservation policies. PMID:29732404

Supply-chain trade and labor market outcomes : The case of the 2004 European Union enlargement

NARCIS (Netherlands)

Kaplan, Lennart C.; Kohl, Tristan; Martínez-Zarzoso, Inmaculada

2018-01-01

The structure of international trade is increasingly characterized by fragmentation of production processes and trade policy. Yet, how trade policy affects supply-chain trade is largely unexplored territory. This paper shows how the accession of 10 Central and Eastern European Countries (CEECs) to

Modeling Turkey’s future LNG supply security strategy

International Nuclear Information System (INIS)

Efe Biresselioglu, Mehmet; Hakan Demir, Muhittin; Kandemir, Cansu

2012-01-01

Turkey was among those countries which decided to increase its natural gas consumption in the 1990s, due to its relative low cost and lack of impact on the environment. However, a heavy dependence on imports, from Algeria, Qatar and Nigeria, respectively, creates a threat to energy security, both in terms of source and supply diversity. Accordingly, we follow an analytical approach to identify the accuracy of our assumption, considering the current economic, political and security risk. To this end, we formulate and solve a mixed integer programming model that determines the optimal sourcing strategy for Turkey’s increasing LNG demand. This model demonstrates a number of alternative policy options for LNG supply. Furthermore, we consider that increasing the proportion of LNG in the overall gas supply will contribute to the aim of improving Turkey’s level of energy security. - Highlights: ► Turkey’s best policy option is to increase the share of LNG. ► Turkey’s main suppliers of LNG will be Algeria, Egypt, Nigeria, and Trinidad and Tobago. ► Norway, Libya, and Oman contribute to the supply with rather smaller shares. ► With high risk scenario Algeria, Egypt, Nigeria and Libya will not be suppliers. ► Oman and Qatar will cover; even though they are high-cost suppliers.

Trade union policy and nuclear power

International Nuclear Information System (INIS)

Elliot, D.

1981-01-01

The subject is discussed under the headings: introduction; energy policy; the beginning of doubt; SERA's role [SERA = Socialist Environment and Resources Association]; the 1980 nuclear debate [within the trade union movement]; the 1981 nuclear debate [within the trade union movement]; the issues reviewed (supply and demand; safety and employment; security); review of policy trends; conclusions. Appendix: a review of union policy statements. (U.K.)

Many-objective optimization and visual analytics reveal key trade-offs for London's water supply

Science.gov (United States)

Matrosov, Evgenii S.; Huskova, Ivana; Kasprzyk, Joseph R.; Harou, Julien J.; Lambert, Chris; Reed, Patrick M.

2015-12-01

In this study, we link a water resource management simulator to multi-objective search to reveal the key trade-offs inherent in planning a real-world water resource system. We consider new supplies and demand management (conservation) options while seeking to elucidate the trade-offs between the best portfolios of schemes to satisfy projected water demands. Alternative system designs are evaluated using performance measures that minimize capital and operating costs and energy use while maximizing resilience, engineering and environmental metrics, subject to supply reliability constraints. Our analysis shows many-objective evolutionary optimization coupled with state-of-the art visual analytics can help planners discover more diverse water supply system designs and better understand their inherent trade-offs. The approach is used to explore future water supply options for the Thames water resource system (including London's water supply). New supply options include a new reservoir, water transfers, artificial recharge, wastewater reuse and brackish groundwater desalination. Demand management options include leakage reduction, compulsory metering and seasonal tariffs. The Thames system's Pareto approximate portfolios cluster into distinct groups of water supply options; for example implementing a pipe refurbishment program leads to higher capital costs but greater reliability. This study highlights that traditional least-cost reliability constrained design of water supply systems masks asset combinations whose benefits only become apparent when more planning objectives are considered.

Energy the security of supply in question. Combating global warming: what role for nuclear power. Warning issued by the International Energy Agency

International Nuclear Information System (INIS)

Montbrial, T. de; Moore, P.; Cambell, N.

2007-01-01

This issue of Alternatives newsletter put the question of energy supplies security. The unequal distribution of the world's energy resources raises the problem of energy independence and the security of supply. This question is particularly pertinent for Europe which, along with the Far East, possesses only a meager share of the planet's store of fossil fuels. Europe must learn how to live with its energy dependency, knowing that independence is an unrealistic objective in a world built on the interdependence of trade. The world's energy system is vulnerable to disruptions in supply and to geopolitical tensions. Given this context of instability, how can the security of supply and energy independence be increased? The challenge for western countries with few fossil fuel resources is to secure reliable supply while reducing energy dependency. One solution consists in diversifying power generation sources to lower dependency on oil and gas. The nuclear question is analyzed through the different point of views of Greenpeace and Greenspirit Strategies. Greenpeace refuses even the slightest involvement of nuclear power and considers that energy efficiency and renewable technologies are the only solution to both global warming and energy questions. On the other hand, Greenspirit Strategies sees nuclear power, combined with increased efforts to develop renewable energies, playing an essential role in the sustainable production of electricity. A last article devoted to the World Energy Outlook 2006 - the report published by the International Energy Agency - presents the hypotheses advanced by the Agency regarding future energy supply and its recommendations for counteracting a scenario for 2030 that is, to say the least, very alarming

The Kyoto protocol - a victim of supply security? or: if Maslow were in energy politics

Energy Technology Data Exchange (ETDEWEB)

Frei, Christoph W. E-mail: christoph.frei@weforum.org

2004-07-01

History suggests that energy policy priorities can be stratified, similar to the way Maslow structured his famous pyramid of human needs. The essay below claims that access to energy, supply security, energy costs, environmental issues and social acceptance are not subject to trade-off, but to a hierarchy that underlies the importance of satisfying lower-order needs before addressing the higher-order needs. The essay demonstrates the hierarchy with an 'energy policy needs pyramid' based on historical evidence. The pyramid is used to analyze the viability of current items of the energy policy agenda. Conclusions indicate that the Kyoto protocol might be a victim of supply insecurity, that OPEC is good for the environment and that environmentalists should make the fight against energy poverty their first priority in order to achieve their overall goals.

Physicians and Insider Trading.

Science.gov (United States)

Kesselheim, Aaron S; Sinha, Michael S; Joffe, Steven

2015-12-01

Although insider trading is illegal, recent high-profile cases have involved physicians and scientists who are part of corporate governance or who have access to information about clinical trials of investigational products. Insider trading occurs when a person in possession of information that might affect the share price of a company's stock uses that information to buy or sell securities--or supplies that information to others who buy or sell--when the person is expected to keep such information confidential. The input that physicians and scientists provide to business leaders can serve legitimate social functions, but insider trading threatens to undermine any positive outcomes of these relationships. We review insider-trading rules and consider approaches to securities fraud in the health care field. Given the magnitude of the potential financial rewards, the ease of concealing illegal conduct, and the absence of identifiable victims, the temptation for physicians and scientists to engage in insider trading will always be present. Minimizing the occurrence of insider trading will require robust education, strictly enforced contractual provisions, and selective prohibitions against high-risk conduct, such as participation in expert consulting networks and online physician forums, by those individuals with access to valuable inside information.

Supply chain security orientation in the pharmaceutical industry

African Journals Online (AJOL)

kirstam

related partnerships and business process backups are the most neglected aspects of supply chain ..... order to manage possible supply chain security issues. ... of the moral and ethical obligations placed on organisations as a result of such ...... Cooper, D.R. & Schindler, P.S. 2014. Business Research Methods. 12 ed.

Dynamic impact of the structure of the supply chain of perishable foods on logistics performance and food security

Energy Technology Data Exchange (ETDEWEB)

Castro, Javier Arturo Orjuela; Jaimes, Wilson Adarme

2017-07-01

Understanding how the structure affects logistical performance and food security is critical in the supply chains of perishable foods (PFSC). This research proposes a system dynamics model to analyze the effects of structures: lean, agile, flexible, responsive and resilient, in the overall performance and of each agent of the PFSC. Design/methodology/approach: Using a system dynamics model and design of experiments it is studied how the different structures and their combination, affect the behavior of inventory, transportation, responsiveness, efficiency, availability and quality-safety of the fresh fruits supply chain and each echelon. Findings: The studies of supply chains have been done for each structure in an independent way; investigations are scarce in supply chains of perishable foods. The structures modeled in this research do not show the better performance in all the metrics of the chain, neither in all agents for each structure. The above implies the presence of trade-offs. Research limitations/implications: The results show the need to investigate mixed structures with the FPSC´s own characteristics; the model can be applied in other supply chains of perishable foods. Practical implications: Management by combining structures in the FFSC, improves logistics performance and contributes to food security. Social implications: The agents of the FFSC can apply the structures found in this study, to improve their logistics performance and the food security. Originality/value: The dynamics of individual and combined structures were identified, which constitutes a contribution to the discussion in the literature of such problems for FFSC. The model includes six echelons: farmers, wholesalers, agro-industry, third-party logistics operators and retailers. The dynamic contemplates deterioration rate to model perishability and others losses.

Dynamic impact of the structure of the supply chain of perishable foods on logistics performance and food security

Directory of Open Access Journals (Sweden)

Javier Arturo Orjuela Castro

2017-10-01

Full Text Available Purpose: Understanding how the structure affects logistical performance and food security is critical in the supply chains of perishable foods (PFSC. This research proposes a system dynamics model to analyze the effects of structures: lean, agile, flexible, responsive and resilient, in the overall performance and of each agent of the PFSC. Design/methodology/approach: Using a system dynamics model and design of experiments it is studied how the different structures and their combination, affect the behavior of inventory, transportation, responsiveness, efficiency, availability and quality-safety of the fresh fruits supply chain and each echelon. Findings: The studies of supply chains have been done for each structure in an independent way; investigations are scarce in supply chains of perishable foods. The structures modeled in this research do not show the better performance in all the metrics of the chain, neither in all agents for each structure. The above implies the presence of trade-offs. Research limitations/implications: The results show the need to investigate mixed structures with the FPSC´s own characteristics; the model can be applied in other supply chains of perishable foods. Practical implications: Management by combining structures in the FFSC, improves logistics performance and contributes to food security. Social implications: The agents of the FFSC can apply the structures found in this study, to improve their logistics performance and the food security. Originality/value: The dynamics of individual and combined structures were identified, which constitutes a contribution to the discussion in the literature of such problems for FFSC. The model includes six echelons: farmers, wholesalers, agro-industry, third-party logistics operators and retailers. The dynamic contemplates deterioration rate to model perishability and others losses.

Dynamic impact of the structure of the supply chain of perishable foods on logistics performance and food security

International Nuclear Information System (INIS)

Castro, Javier Arturo Orjuela; Jaimes, Wilson Adarme

2017-01-01

Understanding how the structure affects logistical performance and food security is critical in the supply chains of perishable foods (PFSC). This research proposes a system dynamics model to analyze the effects of structures: lean, agile, flexible, responsive and resilient, in the overall performance and of each agent of the PFSC. Design/methodology/approach: Using a system dynamics model and design of experiments it is studied how the different structures and their combination, affect the behavior of inventory, transportation, responsiveness, efficiency, availability and quality-safety of the fresh fruits supply chain and each echelon. Findings: The studies of supply chains have been done for each structure in an independent way; investigations are scarce in supply chains of perishable foods. The structures modeled in this research do not show the better performance in all the metrics of the chain, neither in all agents for each structure. The above implies the presence of trade-offs. Research limitations/implications: The results show the need to investigate mixed structures with the FPSC´s own characteristics; the model can be applied in other supply chains of perishable foods. Practical implications: Management by combining structures in the FFSC, improves logistics performance and contributes to food security. Social implications: The agents of the FFSC can apply the structures found in this study, to improve their logistics performance and the food security. Originality/value: The dynamics of individual and combined structures were identified, which constitutes a contribution to the discussion in the literature of such problems for FFSC. The model includes six echelons: farmers, wholesalers, agro-industry, third-party logistics operators and retailers. The dynamic contemplates deterioration rate to model perishability and others losses.

The Effect of Information Security Management on Organizational Processes Integration in Supply Chain

Directory of Open Access Journals (Sweden)

Mohsen Shafiei Nikabadi

2012-03-01

Full Text Available : The major purpose of this article was that how information security management has effect on supply chain integration and the effect of implementing "information security management system" on enhancing supplies chain integration. In this respect, current research was seeking a combination overview to these tow approaches (Information Security Management and Organizational Processes Integration by Enterprise Resources Planning System and after that determined factors of these two important issue by factor analysis. Researchers using a series of comments in the automotive experts (production planning and management and supply chain experts and caregivers car makers and suppliers in the first level and second level supply chain industry. In this way, it has been done that impact on how information security management processes enterprise supply chain integration with the help of statistical correlation analysis. The results of this investigation indicated effect of "information security management system" various dimensions that were coordination of information, prevent human errors and hardware, the accuracy of information and education for users on two dimensions of internal and external integration of business processes, supply chain and finally, it can increased integration of business processes in supply chain. At the end owing to quite these results, deployment of "information security management system" increased the integration of organizational processes in supply chain. It could be demonstrate with the consideration of relation of organizational integration processes whit the level of coordination of information, prevent errors and accuracy of information throughout the supply chain.

Maritime supply chain security: navigating through a sea of compliance requirements

CSIR Research Space (South Africa)

Maspero, EL

2008-11-01

Full Text Available MTSA Maritime Transportation Security Act RFID Radio Frequency Identification SAFE Security and Accountability For Every port SOLAS Safety Of Life At Sea SST Smart and Secure Tradelane UNCTAD United Nations Conference on Trade and Development... for increased security within maritime shipping and so the SOLAS (the Safety of Lives at Sea) Convention Chapter 11 was amended to provide for the inclusion of the International Ships and Port Facilities Security Code (ISPS Code), which was internationally...

The security of gas supply-a critical issue for Europe?

International Nuclear Information System (INIS)

Weisser, Hellmuth

2007-01-01

Gas is competing with oil for being the dominant energy source. In electricity generation gas is to play as pivotal a role as oil in transportation. The security equation of gas and electricity become unseparably interrelated. Energy disruptions have considerable influence on the national accounts far beyond the direct cost of market participants (asymmetry). The present gas supply to the EU depends dangerously on too few sources and venues. There is a decided lack of optionality. The EU directly or through its members needs a clear proactive policy on 'Security of Gas Supply' with a strong multilateral direction. The measures developed for the oil industry over the last 30 years can at least serve as a starting point for a constructive debate. When discussing security of supply dependence it is useful to clearly define the various risks one wishes to protect against. Free riders relying on alternative fuels without participating in their security systems are not permissible

Energy the security of supply in question. Combating global warming: what role for nuclear power. Warning issued by the International Energy Agency

Energy Technology Data Exchange (ETDEWEB)

Montbrial, T. de [Areva, Paris (France); Moore, P. [Greenspirit Strategies Ltd, Vancouver (Canada); Cambell, N. [Greenpeace (Canada)

2007-07-01

This issue of Alternatives newsletter put the question of energy supplies security. The unequal distribution of the world's energy resources raises the problem of energy independence and the security of supply. This question is particularly pertinent for Europe which, along with the Far East, possesses only a meager share of the planet's store of fossil fuels. Europe must learn how to live with its energy dependency, knowing that independence is an unrealistic objective in a world built on the interdependence of trade. The world's energy system is vulnerable to disruptions in supply and to geopolitical tensions. Given this context of instability, how can the security of supply and energy independence be increased? The challenge for western countries with few fossil fuel resources is to secure reliable supply while reducing energy dependency. One solution consists in diversifying power generation sources to lower dependency on oil and gas. The nuclear question is analyzed through the different point of views of Greenpeace and Greenspirit Strategies. Greenpeace refuses even the slightest involvement of nuclear power and considers that energy efficiency and renewable technologies are the only solution to both global warming and energy questions. On the other hand, Greenspirit Strategies sees nuclear power, combined with increased efforts to develop renewable energies, playing an essential role in the sustainable production of electricity. A last article devoted to the World Energy Outlook 2006 - the report published by the International Energy Agency - presents the hypotheses advanced by the Agency regarding future energy supply and its recommendations for counteracting a scenario for 2030 that is, to say the least, very alarming.

Identifying hubs and spokes in global supply chains using redirected trade in value added

NARCIS (Netherlands)

Lejour, Arjan; Rojas-Romagosa, Hugo; Veenendaal, Paul

2017-01-01

The increasing importance of global supply chains has prompted the use of analytical tools based on trade in value added - instead of traditional measures in gross value. We use this analytical framework to develop indicators that identify production hubs and supply spokes in global supply chains.

China’s oil security from the supply chain perspective: A review

International Nuclear Information System (INIS)

Zhao, Chunfu; Chen, Bin

2014-01-01

Highlights: • The development phase of China’s oil industry is detailed. • Risk to oil industry in China is identified along the supply chain. • Policy aimed at improving oil security is examined. - Abstract: Oil security has become a major issue in China. This paper analyzes China’s oil security from the supply chain perspective, as the country faces challenges from an increasing reliance on imported oil, a fast-growing economy, the Malacca dilemma, and volatile international oil prices. To clarify the issue of oil security, we first review the development phase of China’s oil industry and previous research related to its energy security. Then a framework from the supply chain perspective is constructed to identify the current risk from three aspects: energy flow, financial and environmental. Finally, policies aimed at improving the country’s energy security are examined and potential problems presented. From this analysis, we conclude that the potential risk arising from China’s oil system is inherently interconnected. There is still great potential for the country to improve oil security by strengthening its strategic oil reserves, improving energy efficiency, and developing its domestic oil tanker fleet

A New EU Gas Security of Supply Architecture?

Energy Technology Data Exchange (ETDEWEB)

De Jong, J. [Clingendael International Energy Programme CIEP, The Hague (Netherlands); Glachant, J.M.; Ahner, N. [European University Institute EUI, San Domenico di Fiesole (Italy); Hafner, M.; Tagliapietra, S. [Fondazione Eni Enrico Mattei FEEM, Milan (Italy)

2012-07-15

A series of workshops has been organized in order to take stock and discuss a possible new architecture for EU gas security. Discussions and reflections reported from the workshops held under this project have developed into the concluding ideas and recommendations for a new EU gas security of supply architecture, which are reflected in this article.

Assessment of Political Vulnerabilities on Security of Energy Supply in the Baltic States

Directory of Open Access Journals (Sweden)

Česnakas Giedrius

2016-06-01

Full Text Available The article argues that despite the evident link between political environment and security of energy supply, political elements are not sufficiently represented in contemporary scientific literature, namely in indexes that are designed for the assessment of security of energy supply. In an attempt to fill this gap, the article presents an innovative methodology for quantitative assessment of the political vulnerabilities on security of energy supply and applies it to the analysis of the Baltic States.

Evaluation of security of supplies for the Danish energy system up to 1995

International Nuclear Information System (INIS)

Skjerk Christensen, P.; Daub, J.; Dietrich, O.W.; Laut, P.

1979-03-01

Security of energy supplies is one of the criteria which ought to enter into the future extension possibilities for the Danish energy system. But security of supply is a difficult concept to quantify involving as it does both technical and political aspects. The report attempts to encircle the problems relating to security of supply, partly by describing and evaluating the supply structure and the amount of the resource which could be thought of as entering into the future Danish pattern of energy supply, and partly by analyzing the consequences for the Danish consumer of a break in the supply of a specific fuel. It is noted that a supply breakdown in the electric system is not treated in the report except insofar as the fuel entering into the electric system is covered in the study. (author)

International Conference SES 2009: Secure Energy Supply

International Nuclear Information System (INIS)

2009-01-01

The Conference included the following sessions: Opening addresses; (I) Energy policy; (II) Environment, Renewable sources and NPPs; (III) Secure energy supply - New nuclear units. Verbal 21 presentations have been inputted into INIS, all in the form of the full authors' presentations.

Contra trading in Bursa Malaysia Securities Berhad: a Sharīʿah and legal appraisal

Directory of Open Access Journals (Sweden)

Noor Suhaida Kasri

2017-07-01

Full Text Available Purpose - The purpose of this paper is to analyze the practice of contra trading in Bursa Malaysia Securities Berhad. Through a critical examination of the practice, it aims to discuss the issues from the angles of Sharīʿah and Malaysian common law. Design/methodology/approach - The paper uses a qualitative research methodology. The information on the practice of contra trading is obtained through the Bursa Malaysia Securities Berhad’s website and literature as well as series of meetings and discussions held with Bursa Malaysia Securities Berhad. In comprehending and dissecting the Sharīʿah and legal issues, classical along with contemporary Sharīʿah literature including local and international Sharīʿah advisory bodies’ resolutions and standards have been referred to. The Sharīʿah analysis of these issues is further supported by reference to the statute and by-laws of Bursa Malaysia Securities Berhad as well as other related legal literature. Findings - This paper finds that contra trading involves a real sale and purchase of shares; the shares are not taken into the possession of the contra trader, neither physically nor constructively; the liability of shares is not transferred to the contra trader; though the practice of profiting in contra trading may contradict the prohibition on profiting without bearing liability, the permissibility of contra trading could still be argued from the contextual approach of public interest (maṣlaḥah and needs (hājah; and contra trading is not gambling. Research limitations/implications - This paper is limited in its analysis to only Sharīʿah and legal perspectives. It does not cover a thorough empirical and quantitative investigation that would measure the extent of the public needs for contra trading and the real benefits that contra trading brings about to the society in the long run. Such studies will further demonstrate whether contra trading deserves a relaxation from the strict Shar

The security of supply and the international political problems

International Nuclear Information System (INIS)

Petit, A.

1981-01-01

The paper deals with the problem of security of supply of electronuclear programs, especially under their political aspects. After a brief summary of the main historical events related to the subject: post-war position, Non Proliferation Treaty signature, London guidelines etc., the author underlines the fact that up to now, four countries only have been completely independent for their supplies. The elements of such independence are recalled as well as the special viewpoints of developing countries on the one hand, industrialized countries on the other hand. The final part analyses the means of reestablishing or reinforcing this security of supply. The classical commercial aspects such as preference for domestic producers, diversification of supplies and stockpiling are dealt with as well as with aspects more specific to nuclear energy, a technical one such as the possibility of developing breeders, and political ones, such as freedom to reexport, freedom to use imported materials in the frame of peaceful uses. (AF)

75 FR 7546 - Foreign Trade Regulations (FTR): Eliminate the Social Security Number (SSN) as an Identification...

Science.gov (United States)

2010-02-22

... DEPARTMENT OF COMMERCE Census Bureau 15 CFR Part 30 [Docket Number: 090422707-91445-02] RIN 0607-AA48 Foreign Trade Regulations (FTR): Eliminate the Social Security Number (SSN) as an Identification... Trade Regulations (FTR) to eliminate the requirement to report a Social Security Number (SSN) as an...

Energy supply security and foreign policy

International Nuclear Information System (INIS)

2006-05-01

The title memo has been sent to the Dutch Lower House. This memo reflects the response of the cabinet to the advice on Energetic Foreign Policy of the Dutch Advisory Council on International Affairs (AIV) and the Dutch Energy Council (AER). Moreover, the development of foreign policy with respect to energy supply security is depicted. [mk] [nl

Transparency and monitoring of security and adequacy of supply

International Nuclear Information System (INIS)

Newbery, D.; Von der Fehr, N.H.; Van Damme, E.

2003-08-01

The long-run performance of the electricity market relies on the behaviour of individual market participants, including investors (incumbents as well as entrants), consumers, traders and the financial community. In order for these market participants to make rational economic decisions they should have access to reliable information on the fundamental drivers for the market and how these evolve. Improving access to information is particularly important for decisions that involve long-term commitments, such as investment in new generation facilities. The Market Surveillance Committee (MSC) has been asked to advise on how market transparency can be increased in order to improve supply security and adequacy. In this report we discuss the need for transparency from the point of view of the market participants. We also present which information is made public in other electricity markets. We point out that, in addition to increasing transparency for market participants, there is also a need for adequate market monitoring by authorities. It may be necessary to change current rules and regulations to ensure that information is made available to both the relevant authorities and the market. From an economic efficiency point of view, security of supply is optimised if, at the margin, the costs of reducing forced rationing are balanced against the benefits of such reductions (including lowering of social costs associated with major interruptions to power supplies). Adequacy of supply is optimised if the costs of capacity expansions are aligned with the willingness to pay for the associated increases in supply capacity. To assess optimal supply security and adequacy, one would therefore need to monitor: the value of supply security to consumers, or inversely, the cost of forced rationing, e.g. as 'value of lost load' estimates; the frequency with which involuntary load-shedding is expected to occur on the basis of system characteristics, including statistical data and

Security concerns in the Middle East for oil supply: Problems and solutions

International Nuclear Information System (INIS)

Sen, Samil; Babali, Tuncay

2007-01-01

Comprising 65-70% of the world's oil reserves, the Gulf States (Saudi Arabia, Iran, Iraq, Kuwait, UAE and Qatar) are key countries for the solutions to the energy supply matters of the world. Free flow of oil to the world markets from Gulf region is an indispensable part of the major security issues. The Middle East has had mainly security related problems such as Arab-Israeli wars and conflicts, Arab-Iranian war and conflicts, Arab-Arab war and conflicts, US-Gulf wars and conflicts and more recently radicalism and terrorist attacks. Energy supply security requires the enhancement of the peace and cooperation between countries instead of competition. Preventive policy approaches are more suitable to address energy supply matters. Preventive strategy might be possible with the active participation of NATO within the 'out of area' type operations to the Middle East and quite possibly indirectly to the Asia-Pacific regions. Religious and ethnic radicalism and terrorist attacks has also direct effects over oil supply security matters

Effects of renewables penetration on the security of Portuguese electricity supply

International Nuclear Information System (INIS)

Gouveia, João Pedro; Dias, Luís; Martins, Inês; Seixas, Júlia

2014-01-01

Highlights: • We assess the importance of the electricity sector in energy security in Portugal. • We compare energy security indicators for 2004 and 2011. • Strong wind penetration has an important role on the country energy security. • Infrastructure is the weaker component in electricity sector supply chain. - Abstract: The increase of renewables in power sector, together with the increase of their electricity share in final energy consumption, is changing our perception about energy security with diverse and contradictory statements. The Portuguese security of electricity supply is analyzed in this study by comparing selected indicators for 2 years before and after the high increase of onshore wind since 2005. Our goal is to find how the security of electricity supply was impacted by the penetration of renewables, taking a supply chain approach. Our analysis highlights that the penetration of renewables has decreased the energy dependence of the power sector by more than 20% between 2004 and 2011, while risks related to the concentration of natural gas suppliers and to the still-high share of fossil fuels suffering from price volatility are discussed. We observed a significant improvement in power interconnections with Spain, as well as an increase of the de-rated generation capacity margin, allowing proper management of renewable power intermittency if necessary, thereby improving power security. Although the share of intermittent renewables almost quadrupled in total installed capacity between those years, the indicators reveal an improvement in the quality of transport and distribution when delivering electricity to end-users. Although electricity prices increased, mainly due to taxes, the lack of energy efficiency is an aspect deserving improvement to alleviate the pressure on electricity security, mainly at high peak demands

Ecology, Economy and security of supply of the Dutch Electricity Supply System. A scenario based future analysis

International Nuclear Information System (INIS)

Roedel, J.G.

2008-01-01

The Dutch electricity sector has been transformed into a liberalized international energy market. Market players are free to choose from various electricity generation options when replacing or expanding production capacity. However, choices that are made now will influence emissions (ecology), integral costs (economy) and availability (security of supply) for the next 25 - 40 years. This thesis shows if and how, based on the current electricity supply system, an optimal balance of ecology, economy and security of supply can be achieved. First, the current electricity supply system is described to create a frame of reference. Then, future technological developments are described for electricity production options. Four potential scenarios are constructed featuring various uncertainties: the globalising versus the local economy; priority versus subordination for the environment; and the security/insecurity of the fuel supply. These four scenarios are worked out with a specially developed techno-economic simulation model; the results are analysed in terms of ecology, economy and security of supply. The findings indicate that it is impossible to arrive at an optimal balance for the defined scenarios. Scenarios with a low environmental impact lead to high integral costs and vice versa. However, by applying a smart combination of various modern generation technologies, CO2 capture and storage, the deployment of biomass and the re-use of residual heat it is possible to reach an optimal balance whereby the additional integral costs can be kept under control compared with the lowest-cost scenarios. To achieve this, clear growth and incentive guidelines need to be established for the various production options. This thesis will form a good starting point for that exercise

Impact Of The Oil Trade On The Global Economy And The Role Of Giant Fields In Predicting Supply

Energy Technology Data Exchange (ETDEWEB)

Kelley, Wayne; Bishop, Richard

2010-09-15

Confusion about global oil supply ('peak oil') is a distraction from the economic issue of massive wealth transfer associated with oil trading and its potential to destabilize the world economy. Without an accurate forecast of oil volumes (resources, reserves and supply), timing and cost, there is no reliable way to model the consequences of the oil trade on the global economy. This paper illustrates why it is imperative to improve our understanding of the oil trade on the global economy and proposes a method of forecasting oil supply for input into a credible global economic model.

Planning security for supply security

International Nuclear Information System (INIS)

Spies von Buellesheim.

1994-01-01

The situation of the hardcoal mining industry is still difficult, however better than last year. Due to better economic trends in the steel industry, though on a lower level, sales in 1994 have stabilised. Stocks are being significantly reduced. As to the production, we have nearly reached a level which has been politically agreed upon in the long run. Due to the determined action of the coalmining companies, a joint action of management and labour, the strong pressure has been mitigated. On the energy policy sector essential targets have been achieved: First of all the ECSC decision on state aid which will be in force up to the year 2002 and which will contribute to accomplish the results of the 1991 Coal Round. Furthermore, the 1994 Act on ensuring combustion of hardcoal in electricity production up to the year 2005. The hardcoal mining industry is grateful to all political decision makers for the achievements. The industry demands, however, that all questions still left open, including the procurement of financial means after 1996, should be settled soon on the basis of the new act and in accordance with the 1991 Coal Round and the energy concept of the Federal Government. German hardcoal is an indispensable factor within a balanced energy mix which guarantees the security of our energy supply, the security of the price structure and the respect of the environment. (orig.) [de

17 CFR 249.820 - Form 19b-4(e) for the listing and trading of new derivative securities products by self...

Science.gov (United States)

2010-04-01

... and trading of new derivative securities products by self-regulatory organizations that are not deemed... listing and trading of new derivative securities products by self-regulatory organizations that are not... self-regulatory organization's listing and trading of a new derivative securities product that is not...

Optimal Allocation of Water Resources Based on Water Supply Security

Directory of Open Access Journals (Sweden)

Jianhua Wang

2016-06-01

Full Text Available Under the combined impacts of climate change and human activities, a series of water issues, such as water shortages, have arisen all over the world. According to current studies in Science and Nature, water security has become a frontier critical topic. Water supply security (WSS, which is the state of water resources and their capacity and their capacity to meet the demand of water users by water supply systems, is an important part of water security. Currently, WSS is affected by the amount of water resources, water supply projects, water quality and water management. Water shortages have also led to water supply insecurity. WSS is now evaluated based on the balance of the supply and demand under a single water resources condition without considering the dynamics of the varying conditions of water resources each year. This paper developed an optimal allocation model for water resources that can realize the optimal allocation of regional water resources and comprehensively evaluate WSS. The objective of this model is to minimize the duration of water shortages in the long term, as characterized by the Water Supply Security Index (WSSI, which is the assessment value of WSS, a larger WSSI value indicates better results. In addition, the simulation results of the model can determine the change process and dynamic evolution of the WSS. Quanzhou, a city in China with serious water shortage problems, was selected as a case study. The allocation results of the current year and target year of planning demonstrated that the level of regional comprehensive WSS was significantly influenced by the capacity of water supply projects and the conditions of the natural water resources. The varying conditions of the water resources allocation results in the same year demonstrated that the allocation results and WSSI were significantly affected by reductions in precipitation, decreases in the water yield coefficient, and changes in the underlying surface.

Malaysia: Political, Security, Economic, and Trade Issues Considered

Science.gov (United States)

2007-02-13

general election. Key observers have also pointed to decisions by Parti-Islam sa- Malaysia (PAS), Parti Keadilan Rakyat , and the Democratic Action Party...Sultan fulfills this function. Each state has a state legislature. The lower house of Malaysia’s Parliament, the Dewan Rakyat , has 193 members elected...Order Code RL33878 Malaysia : Political, Security, Economic, and Trade Issues Considered February 13, 2007 Bruce Vaughn, Coordinator Specialist in

LEGAL SECURITY ON CELLPHONE TRADING THROUGH ELECTRONIC MEDIA IN INDONESIA

OpenAIRE

Aan Aswari

2017-01-01

The rapid growth of technology development brings impact on human life related to its utilization. This article analyzes legal security through several components in a cellphone trading through electronic media. This study is a conceptual idea and shows that the implementation of legal security in several components should provide solution to any potential conflicts. A good intention component should be applied to form an ideal legal relation from the beginning to the end and realization in p...

Legal Security on Cellphone Trading Through Electronic Media in Indonesia

OpenAIRE

Aswari, Aan; Pasamai, Syamsudin; Qomar, Nurul; Abbas, Ilham

2017-01-01

The rapid growth of technology development brings impact on human life related to its utilization. This article analyzes legal security through several components in a cellphone trading through electronic media. This study is a conceptual idea and shows that the implementation of legal security in several components should provide solution to any potential conflicts. A good intention component should be applied to form an ideal legal relation from the beginning to the end and realization in p...

Supply chain model with price- and trade credit-sensitive demand under two-level permissible delay in payments

Science.gov (United States)

Giri, B. C.; Maiti, T.

2013-05-01

This article develops a single-manufacturer and single-retailer supply chain model under two-level permissible delay in payments when the manufacturer follows a lot-for-lot policy in response to the retailer's demand. The manufacturer offers a trade credit period to the retailer with the contract that the retailer must share a fraction of the profit earned during the trade credit period. On the other hand, the retailer provides his customer a partial trade credit which is less than that of the manufacturer. The demand at the retailer is assumed to be dependent on the selling price and the trade credit period offered to the customers. The average net profit of the supply chain is derived and an algorithm for finding the optimal solution is developed. Numerical examples are given to demonstrate the coordination policy of the supply chain and examine the sensitivity of key model-parameters.

Security concerns in the Middle East for oil supply: Problems and solutions

Energy Technology Data Exchange (ETDEWEB)

Sen, Samil [Istanbul Univ., Dept. of Geology, Istanbul (Turkey); Babali, Tuncay [Houston Univ., Dept. of Political Science, Houston, TX (United States)

2007-03-15

Comprising 65-70% of the world's oil reserves, the Gulf States (Saudi Arabia, Iran, Iraq, Kuwait, UAE and Qatar) are key countries for the solutions to the energy supply matters of the world. Free flow of oil to the world markets from Gulf region is an indispensable part of the major security issues. The Middle East has had mainly security related problems such as Arab-Israeli wars and conflicts, Arab-Iranian war and conflicts, Arab-Arab war and conflicts, US-Gulf wars and conflicts and more recently radicalism and terrorist attacks. Energy supply security requires the enhancement of the peace and cooperation between countries instead of competition. Preventive policy approaches are more suitable to address energy supply matters. Preventive strategy might be possible with the active participation of NATO within the 'out of area' type operations to the Middle East and quite possibly indirectly to the Asia-Pacific regions. Religious and ethnic radicalism and terrorist attacks has also direct effects over oil supply security matters. (Author)

Approach to securing of stable nuclear fuel supplies

International Nuclear Information System (INIS)

Koike, Kunihisa; Imamura, Isao; Noda, Tetsuya

2010-01-01

With the dual objectives of not only ensuring stable electric power supplies but also preventing global warming, the construction of new nuclear power plants is being planned in many countries throughout the world. Toshiba and Westinghouse Electric Company (WEC), a member of the Toshiba Group, are capable of supplying both boiling water reactor (BWR) and pressurized water reactor (PWR) plants to satisfy a broad range of customer requirements. Furthermore, to meet the growing demand for the securing of nuclear fuel supplies, Toshiba and WEC have been promoting the strengthening and further expansion of supply chains in the fields of uranium production, uranium hexafluoride (UF 6 ) conversion, uranium enrichment, and fuel fabrication. (author)

Security of supply in the liberalized energy market

International Nuclear Information System (INIS)

Boffa, Federico

2007-01-01

The incentive schemes in the liberalized energy markets do not ensure short-term security of supply. The paper analyzes the regulatory measures suitable to tackle the issue, and evaluates their effects on market power [it

An overview of global rice production, supply, trade, and consumption.

Science.gov (United States)

Muthayya, Sumithra; Sugimoto, Jonathan D; Montgomery, Scott; Maberly, Glen F

2014-09-01

Rice is the staple food for over half the world's population. Approximately 480 million metric tons of milled rice is produced annually. China and India alone account for ∼50% of the rice grown and consumed. Rice provides up to 50% of the dietary caloric supply for millions living in poverty in Asia and is, therefore, critical for food security. It is becoming an important food staple in both Latin America and Africa. Record increases in rice production have been observed since the start of the Green Revolution. However, rice remains one of the most protected food commodities in world trade. Rice is a poor source of vitamins and minerals, and losses occur during the milling process. Populations that subsist on rice are at high risk of vitamin and mineral deficiency. Improved technologies to fortify rice have the potential to address these deficiencies and their associated adverse health effects. With the rice industry consolidating in many countries, there are opportunities to fortify a significant share of rice for distribution or for use in government safety net programs that target those most in need, especially women and children. Multisectoral approaches are needed for the promotion and implementation of rice fortification in countries. © 2014 New York Academy of Sciences.

Walk the Talk: Progress in Building a Supply Chain Security Culture

Energy Technology Data Exchange (ETDEWEB)

Hund, Gretchen [Pacific Northwest National Lab. (PNNL), Richland, WA (United States)

2016-08-31

Pacific Northwest National Laboratory (PNNL) has engaged industry to “go beyond compliance” for over a decade in controlling and securing their supply chains to ensure their goods are not diverted to nuclear weapons programs. This work has focused on dual-use industries that manufacture products that can be used in both commercial applications and in the development of a nuclear weapon. The team encourages industry to self-regulate to reduce proliferation risks. As part of that work, PNNL interviewed numerous companies about their compliance practices to understand their business and to build awareness around best practices to ensure security of goods, technology, and information along their supply chains. From conducting this work, PNNL identified indicators that a company can adopt as part of its commitment to nonproliferation ideals with a focus on supply chain security.

Walk the Talk: Progress in Building a Supply Chain Security Culture

International Nuclear Information System (INIS)

Hund, Gretchen

2016-01-01

Pacific Northwest National Laboratory (PNNL) has engaged industry to ''go beyond compliance'' for over a decade in controlling and securing their supply chains to ensure their goods are not diverted to nuclear weapons programs. This work has focused on dual-use industries that manufacture products that can be used in both commercial applications and in the development of a nuclear weapon. The team encourages industry to self-regulate to reduce proliferation risks. As part of that work, PNNL interviewed numerous companies about their compliance practices to understand their business and to build awareness around best practices to ensure security of goods, technology, and information along their supply chains. From conducting this work, PNNL identified indicators that a company can adopt as part of its commitment to nonproliferation ideals with a focus on supply chain security.

The Effect of Information Security Management on Organizational Processes Integration in Supply Chain

OpenAIRE

Mohsen Shafiei Nikabadi; Ahmad Jafarian; Azam Jalili Bolhasani

2012-01-01

: The major purpose of this article was that how information security management has effect on supply chain integration and the effect of implementing "information security management system" on enhancing supplies chain integration. In this respect, current research was seeking a combination overview to these tow approaches (Information Security Management and Organizational Processes Integration by Enterprise Resources Planning System) and after that determined factors of these two import...

Security of Energy Supply - Indicators for Measuring Vulnerability and Risk

International Nuclear Information System (INIS)

Heinrich, C.

2010-01-01

In an era of increasing globalization, secure and affordable energy supplies are an essential requirement for economies to work, much less develop and grow in the long term. The present study, Energy security of supply - indicators for measuring vulnerability and risk, develops a broad methodical assessment concept to raise awareness among policy makers and the public regarding the vulnerability of energy supplies to potential energy crises. It explores the different aspects of vulnerability, from the primary energy level to energy infrastructure (storage, networks, power plant parks) to the efficiency and cost of energy consumption for end users. The individual characteristics of the formal concept were quantitatively evaluated for several OECD regions (Germany, UK, Sweden, Poland, Italy, France and the US) using a comprehensive empirical database and reduced to a single indicator for assessing energy supply vulnerability. Part of the database comprises historical observations for the period between 1978 and 2007.(author).

EU Security of Gas Supplies: Solidarity Runs Through the Pipeline

International Nuclear Information System (INIS)

Aoun, Marie-Claire; Rutten, Daan

2016-05-01

The ongoing efforts to lessen the European Union's (EU) vulnerability to gas shortages by adopting internal measures were triggered by the Ukrainian gas disputes of 2006 and 2009. The latter deprived several EU Member States of 20% of their gas supplies (30% of imports) for 14 days in the middle of winter due to tensions with Russia. This prompted Member States in 2010 to adopt a Regulation for the Security of Gas Supply, replacing the skeletal 2004 Directive. Since 2014, tensions have increased significantly between the EU and Russia, the block's main gas supplier. Although this has not led to any gas supply disruptions in Europe, and this time Ukraine has been able to revert to reverse flows, national production and storage withdrawals to replace the Russian gas flows, there remains a perceived elevated risk of gas supply disruptions to the EU, especially by certain Member States. This led the European Commission (EC) to publish its first-ever European Energy Security Strategy in May 2014, which was followed by the Gas Stress Tests of October 2014. In February 2015, the EC published its Energy Union Strategy Framework, which was strongly motivated by energy security concerns. In that context, the EC announced a series of proposals for its gas and electricity markets in 2016 and 2017, among which was the 'Sustainable Energy Security Package' (hereafter: Package). This Package, published in February 2016, consists of four proposals. Two of them have a legislative nature, namely a Regulation for Security of Gas Supply and a Decision on Intergovernmental Agreements on energy. The two non-legislative proposals are strategy papers dealing respectively with LNG and Gas Storage, and Heating and Cooling. The purpose of this paper is to focus on the proposed Regulation and to offer considerations on some of its provisions, in particular on the move from the national to the regional level of cooperation and on the legislative formalization of solidarity. (author)

Politics, markets and EU gas supply security. Case studies of the UK and Germany

Energy Technology Data Exchange (ETDEWEB)

Kopp, Sandu-Daniel

2015-03-01

Publication in the field of social sciences. Sandu-Daniel Kopp investigates whether carbon reduction targets are compatible with market-driven competition in gas (and power) industries, and whether security of supply is compatible with competitive markets. He examines the policy trade-offs which need to be made between the three different elements, and whether these policy judgements should be economically or politically based. The analysis shows the need for a complex set of politically determined options to protect (competitive) markets from price risks and emergency events and demonstrates that this has thus far failed the policy test. Overall, the author argues that the three major elements of EU energy policy are incompatible in important respects and thereby challenges much of the conventional wisdom of EU and Member State policies of the past decade.

Politics, markets and EU gas supply security. Case studies of the UK and Germany

International Nuclear Information System (INIS)

Kopp, Sandu-Daniel

2015-01-01

Publication in the field of social sciences. Sandu-Daniel Kopp investigates whether carbon reduction targets are compatible with market-driven competition in gas (and power) industries, and whether security of supply is compatible with competitive markets. He examines the policy trade-offs which need to be made between the three different elements, and whether these policy judgements should be economically or politically based. The analysis shows the need for a complex set of politically determined options to protect (competitive) markets from price risks and emergency events and demonstrates that this has thus far failed the policy test. Overall, the author argues that the three major elements of EU energy policy are incompatible in important respects and thereby challenges much of the conventional wisdom of EU and Member State policies of the past decade.

Oil supply security -- Emergency response of IEA countries 2007

Energy Technology Data Exchange (ETDEWEB)

NONE

2007-11-29

When Hurricane Katrina hit the Gulf of Mexico in 2005, the region's oil production and refining infrastructure was devastated and world energy markets were disrupted. The International Energy Agency decided in a matter of days to bring 60 million barrels of additional oil to the market. The emergency response system worked - the collective action helped to stabilise global markets. Since its founding in 1974, oil supply security has been a core mission of the IEA and the Agency has improved its mechanisms to respond to short-term oil supply disruptions. Nevertheless, numerous factors will continue to test the delicate balance of supply and demand. Oil demand growth will continue to accelerate in Asia; oil will be increasingly produced by a shrinking number of countries; and capacities in the supply chain will need to expand. These are just a few of the challenges facing an already tight market. What are the emergency response systems of IEA countries? How are their emergency structures organised? How prepared is the IEA to deal with an oil supply disruption? This publication addresses these questions. It presents another cycle of rigorous reviews of the emergency response mechanisms of IEA member countries. The goal of these reviews is to ensure that the IEA stays ready to respond effectively to oil supply disruptions. This publication also includes overviews of how China, India and countries of Southeast Asia are progressing with domestic policies to improve oil supply security, based on emergency stocks.

Oil supply security -- Emergency response of IEA countries 2007

Energy Technology Data Exchange (ETDEWEB)

NONE

2007-11-29

When Hurricane Katrina hit the Gulf of Mexico in 2005, the region's oil production and refining infrastructure was devastated and world energy markets were disrupted. The International Energy Agency decided in a matter of days to bring 60 million barrels of additional oil to the market. The emergency response system worked - the collective action helped to stabilise global markets. Since its founding in 1974, oil supply security has been a core mission of the IEA and the Agency has improved its mechanisms to respond to short-term oil supply disruptions. Nevertheless, numerous factors will continue to test the delicate balance of supply and demand. Oil demand growth will continue to accelerate in Asia; oil will be increasingly produced by a shrinking number of countries; and capacities in the supply chain will need to expand. These are just a few of the challenges facing an already tight market. What are the emergency response systems of IEA countries? How are their emergency structures organised? How prepared is the IEA to deal with an oil supply disruption? This publication addresses these questions. It presents another cycle of rigorous reviews of the emergency response mechanisms of IEA member countries. The goal of these reviews is to ensure that the IEA stays ready to respond effectively to oil supply disruptions. This publication also includes overviews of how China, India and countries of Southeast Asia are progressing with domestic policies to improve oil supply security, based on emergency stocks.

From food insufficiency towards trade dependency: a historical analysis of global food availability.

Directory of Open Access Journals (Sweden)

Miina Porkka

Full Text Available Achieving global food security is one of the major challenges of the coming decades. In order to tackle future food security challenges we must understand the past. This study presents a historical analysis of global food availability, one of the key elements of food security. By calculating national level dietary energy supply and production for nine time steps during 1965-2005 we classify countries based on their food availability, food self-sufficiency and food trade. We also look at how diets have changed during this period with regard to supply of animal based calories. Our results show that food availability has increased substantially both in absolute and relative terms. The percentage of population living in countries with sufficient food supply (>2500 kcal/cap/d has almost doubled from 33% in 1965 to 61% in 2005. The population living with critically low food supply (15% of dietary energy supply increased from 33% to over 50%. While food supply has increased globally, food self-sufficiency (domestic production>2500 kcal/cap/d has not changed remarkably. In the beginning of the study period insufficient domestic production meant insufficient food supply, but in recent years the deficit has been increasingly compensated by rising food imports. This highlights the growing importance of food trade, either for food supply in importing countries or as a source of income for exporters. Our results provide a basis for understanding past global food system dynamics which, in turn, can benefit research on future food security.

A multilayered analysis of energy security research and the energy supply process

International Nuclear Information System (INIS)

Kiriyama, Eriko; Kajikawa, Yuya

2014-01-01

Highlights: • The analysis reveals that energy security research is highly multidisciplinary. • Diversification is important for ensuring security in the energy supply process. • A multilayered overview of the energy supply process is important for energy risk management. • Consumer lifestyle innovation will be a part of energy security in the future. - Abstract: After the Fukushima nuclear disaster, a reassessment of the energy system is needed in order to include such aspects as human security and resilience. More open and careful discussions are needed concerning the various risks and uncertainties of future energy options, both in Japan and globally. In this paper, we aim to offer a fundamental basis for discourse on energy security by analyzing the status and trends in academic publications on that issue. Our bibliometrics analysis indicates that research has shifted from promoting strategies for ensuring the self-sufficiency of the primary energy to diversification of the secondary energy supply chain by introducing energy networks consisting of an infrastructure established through international coordination. In the literature, the concept of energy security is ambiguous and allows for multiple interpretations. Our results illustrate the existence of highly multidisciplinary topics within energy security, which can be categorized into four perspectives: geopolitical, economic, policy related, and technological

Storage and security of supply

International Nuclear Information System (INIS)

Svensson, B.R.

1990-01-01

The paper considers the relationship between energy security and the consumption, supply and storage of natural gas, as agreed between the IEA Member countries. Additional supplies of natural gas should be obtained from as diverse sources as possible with emphasis on indigenous OECD sources. Instruments for coping with supply disruptions, such as underground storage of gas, interruptible gas sales, and dual-fired capabilities should be strengthened. These instruments, however, in combination with contractual swing factors, are also used to cope with fluctuations in demand for natural gas. The future demand and supply of natural gas in OECD Europe and North America is discussed. In OECD Europe the growth in residential and commercial demand is expected to be sustained, and, in both OECD Europe and North America, there is a further potential demand for gas for electricity generation. As residential and commercial demand (which is very temperature-dependent) grows, the need for storage facilities, interruptible sales contracts, dual-fired capabilities and swing factors in contracts will increase in order to balance the load. An expansion of gas demand for baseload electricity generation could, however, increase the load factor. Figures for the size of the storage capacity in 1987 and plans for future increases show that storage capacity is increasing. It is concluded that new underground storage represents an important contribution to the strengthening of each country's ability both to balance loads and to deal with supply disruptions. The IEA countries rely on the gas utilities to provide storage and other instruments for both purposes. (author). 2 figs, 3 tabs

Improving the security of electricity supply - report by a rapporteur ad int

International Nuclear Information System (INIS)

Forsten, J.; Lehtonen, M.

2002-07-01

The storms 'Pyry' and 'Janika', which swept over Finland in October-November 2001, caused serious damages to the operability of electric systems and led to long-term and extensive interruptions in electricity supply especially in Pirkanmaa, Central Home, Poijat-Hame and in the Uusimaa region. Although the security of electricity supply in Finland has in general been on a high level, the needs of customers concerning the quality of electrical power are constantly growing, and the operational reliability of the distribution networks will thereby have to be developed. The Rapporteur ad int. appointed by the Ministry of Trade and Industry on 21 November 2001 considers that such a scheme complementing the price reduction under the Electricity Market Act should be set up that would require a fixed compensation from the distribution network operators in the case of non deliverance of electricity. The fixed compensation should be paid automatically for e.g. interruptions lasting over 12 hours. The sum would depend on the length of the interruption and on the customer's annual rate of the network service fee. The Rapporteur also gives a number of other recommendations for improving the situation. Each distribution network operator is to choose the means of improvement on a technical-economical basis. The required level in the design, construction, operation and maintenance of an electrical network should guarantee that the interruptions in electricity supply would not exceed six hours even in exceptional circumstances. Ensuring electrical safety is of prime importance in disturbance situations. Shortening the interruption times and improving the quality of electricity call for sustained investment planning and activities. The distribution network operators should draw up a ten-year action plan. including measures aiming to reduce interruptions and the related timetables. To be able to keep the interruption times short in extensive cases of disturbance, the distribution

Market design and supply security in imperfect power markets

International Nuclear Information System (INIS)

Schwenen, Sebastian

2014-01-01

Supply security in imperfect power markets is modelled under different market designs. In a uniform price auction for electricity with two firms, strategic behaviour may leave firms offering too few capacities and unable to supply all realized demand. Market design that relies on capacity markets increases available generation capacities for sufficiently high capacity prices and consequently decreases energy prices. However, equilibrium capacity prices are non-competitive. Capacity markets can increase security of supply, but cannot mitigate market power, which is exercised in the capacity market instead of the energy market. - Highlights: • I model two power generating firms who compete to serve stochastic demand in a multiunit uniform price auction. • In equilibrium, blackout probabilities can arise through capacity withholding. • Capacity mechanisms decrease capacity withholding and the expected energy price. • With dominant firms, capacity mechanisms are only effective if capacity prices are non-competitive and include a mark-up for leaving the energy-only market optimum

The German electricity market. Does the present market design provide security of supply?

International Nuclear Information System (INIS)

Janssen, Matthias; Peichert, Patrick; Perner, Jens; Riechmann, Christoph; Niedrig, Thomas

2014-01-01

A heated discussion is being waged in Germany and large parts of Europe over the introduction of what are referred to as capacity mechanisms, whose purpose is to provide security of supply in the electricity sector. In this context two consulting firms have undertaken a both qualitative and quantitative study of the fitness of the present market design, which is based on the ''Energy-Only Market'' (EOM), to provide security of supply in the German electricity market. The authors come to the conclusion that, if suitably framed, the EOM can continue to provide a secure electricity supply in accordance with consumer preferences and at the lowest possible cost.

Two echelon partial trade credit financing in a supply chain derived algebraically

Directory of Open Access Journals (Sweden)

Jaggi Chandra K.

2012-01-01

Full Text Available Trade credit financing has become a powerful tool to improve sales & profit in an industry. In general, a supplier/retailer frequently offers trade credit to its credit risk downstream member in order to stimulate their respective sales. This trade credit may either be full or partial depending upon the past profile of the downstream member. Partial trade credit may be offered by the supplier/retailer to their credit risk downstream member who must pay a portion of the purchase amount at the time of placing an order and then receives a permissible delay on the rest of the outstanding amount to avoid non-payment risks. The present study investigates the retailer’s inventory problem under partial trade credit financing for two echelon supply chain where the supplier, as well as the retailer, offers partial trade credit to the subsequent downstream member. An algebraic approach has been applied for finding the retailer’s optimal ordering policy under minimizing the annual total relevant cost. Results have been validated with the help of examples followed by comprehensive sensitivity analysis.

Report to Congress on the Global Supply and Trade of Elemental Mercury

Science.gov (United States)

This report assembles available information on the global supply and trade of mercury, including both primary mercury mining as well as mercury that has been recovered from a wide variety of sources and redistilled to a high level of purity.

Assessing energy supply security: Outage costs in private households

International Nuclear Information System (INIS)

Praktiknjo, Aaron J.; Hähnel, Alexander; Erdmann, Georg

2011-01-01

The objective of this paper is to contribute to the topic of energy supply security by proposing a Monte Carlo-based and a survey based model to analyze the costs of power interruptions. Outage cost estimations are particularly important when deciding on investments to improve supply security (e.g. additional transmission lines) in order to compare costs to benefits. But also other policy decisions on measures that have direct or indirect consequences for the supply security (e.g. a phasing out of nuclear energy) need to be based on results from outage cost estimations. The main focus of this paper lies with residential consumers, but the model is applied to commercial, industrial and governmental consumers as well. There are limited studies that have approached the problem of evaluating outage cost. When comparing the results of these studies, they often display a high degree of diversification. As consumers have different needs and dependencies towards the supply of electricity because of varying circumstances and preferences, a great diversity in outage cost is a logical consequence. To take the high degree of uncertainties into account, a Monte Carlo simulation was conducted in this study for the case of private households in Germany. - Highlights: ► A macroeconomic model to assess outage cost is proposed. ► Possibilities for substitution are considered by analyzing individual preferences for the time-use. ► Uncertainties are taken into account by using a Monte Carlo simulation. ► This study reveals the distribution of outage costs to different electricity consumers. ► Implications for energy policy decisions are discussed.

System Dynamics of Polysilicon for Solar Photovoltaics: A Framework for Investigating the Energy Security of Renewable Energy Supply Chains

Directory of Open Access Journals (Sweden)

Debra Sandor

2018-01-01

Full Text Available Renewable energy, produced with widely available low-cost energy resources, is often included as a component of national strategies to address energy security and sustainability. Market and political forces cannot disrupt the sun or wind, unlike oil and gas supplies. However, the cost of renewable energy is highly dependent on technologies manufactured through global supply chains in leading manufacturing countries. The countries that contribute to the global supply chains may take actions that, directly or indirectly, influence global access to materials and components. For example, high-purity polysilicon, a key material in solar photovoltaics, has experienced significant price fluctuations, affecting the manufacturing capacity and cost of both polysilicon and solar panels. This study developed and validated an initial system dynamics framework to gain insights into global trade in polysilicon. The model represents an initial framework for exploration. Three regions were modeled—China, the United States, and the rest of the world—for a range of trade scenarios to understand the impacts of import duties and non-price drivers on the relative volumes of imports and domestic supply. The model was validated with the historical case of China imposing an import duty on polysilicon from the United States, the European Union, and South Korea, which altered the regional flows of polysilicon—in terms of imports, exports, and domestic production—to varying degrees. As expected, the model tracked how regional demand shares and influx volumes decrease as a duty on a region increases. Using 2016 as a reference point, in the scenarios examined for U.S. exports to China, each 10% increase in the import duty results in a 40% decrease in import volume. The model also indicates that, under the scenarios investigated, once a duty has been imposed on a region, the demand share from that region declines and does not achieve pre-duty levels, even as global

Security of Supply Monitoring Report 2008-2024

International Nuclear Information System (INIS)

2009-06-01

The export potential for Dutch electricity is set to grow over the next few years as a number of plans for new power stations are implemented. Even if only some of these plans come to fruition, there will be more than enough capacity to meet domestic demand for electricity. These are the main conclusions of the Security of Supply Monitoring Report, an annual overview compiled by TenneT, the Dutch Transmission System Operator (TSO) at the request of the Minister of Economic Affairs. The report also reveals that the effects of the current economic downturn on the construction plans are unclear. The Security of Supply Monitoring Report 2007-2024 is based on a wide range of data, including information supplied by energy producers, and provides insight into the expected development of the demand for and supply of electricity in the Netherlands. The export potential for Dutch electricity is set to grow over the next few years. After many years of dependence on imports, the Netherlands is now self-sufficient in electricity and will see its export potential increase even further in the near future. TenneT has facilitated this development by investing in high-quality infrastructure (interconnections with other countries and new connections). In the period after 2009 we can see a further increase in the planned realisation of new large-scale production capacity. Approx. 2.3 gigawatt (GW) of capacity is to be realised in 2010, followed by 8.3 GW in the 2011-2013 period and 7.7 GW in the 2014-2016 period. This brings the total amount of planned new capacity to approx. 18.5 GW over the surveyed period from 2009 to 2016.

Energy supply security and geopolitics : A European perspective

NARCIS (Netherlands)

Correlje, A; van der Linde, C

The security of energy supply to the EU is examined in the context of two storylines. Markets and Institutions exemplifies an economically and politically integrated, multilateral world with effective institutions and markets, Regions and Empires involves a world broken up in rival political and

Strategic gas reserves and EU security-of-supply

International Nuclear Information System (INIS)

Austvik, Ole Gunnar

2003-01-01

The author attempts to distinguish a country's ''normal'' dependence on imports of a commodity from sensitivity and vulnerability dependence. We will then discuss how the risk for disruptions in supplies may be viewed as an externality in imports and, thus, consumption of gas. The model presented demonstrates how environmental externalities as a result of increased domestic production can be evaluated together with the security-of-supply problem. Finally, it is discussed how gas reserves can be used as a means in an emergency situation

75 FR 15440 - Guidance for Industry on Standards for Securing the Drug Supply Chain-Standardized Numerical...

Science.gov (United States)

2010-03-29

...] Guidance for Industry on Standards for Securing the Drug Supply Chain--Standardized Numerical... industry entitled ``Standards for Securing the Drug Supply Chain-Standardized Numerical Identification for... the Drug Supply Chain-Standardized Numerical Identification for Prescription Drug Packages.'' In the...

Cartel law as an instrument for ensuring security of energy supply; Kartellrecht als Instrument der sicheren Energieversorgung

Energy Technology Data Exchange (ETDEWEB)

Roth, W.H. [Bonn Univ. (Germany). Inst. fuer Internationales Privatrecht und Rechtsvergleichung

2007-07-01

The title of this paper - cartel law as an instrument for ensuring security of supply - may seem surprising to some. After all, the concepts of security of supply and cartel law are generally viewed as conflicting with one another, as when prohibitive or interdictive norms of cartel law are restricted or suspended in the name of ensuring security of supply. The title implies that there is also another perspective on this relationship, namely that cartel is geared to the goal of maintaining a viable competitive environment. To the extent that competition serves the purpose of ensuring consumers' greatest possible security of supply, even though this may not be its only purpose, any economic system that is driven by competition will also work towards ensuring the security of the energy supply. Seen from this perspective the paper's title is aptly worded, speaking of security of supply through competition rather than through its (justified) restriction. The creation of a European internal energy market in which energy resources are offered and demanded across borders will contribute to ensuring the security of the energy supply. To the extent that cartel law acts towards keeping markets open and safeguarding competition it will also serve the purpose of ensuring security of supply. This applies in particular in cases where contractual bonds act as a repellent, preventing other suppliers from entering the market and thus also counteracting the diversification of buying sources.

What is security of supply in the open market and how to achieve it?

Energy Technology Data Exchange (ETDEWEB)

Granic, Goran; Majstrovic, Matisla; Majstrovic, Goran; Zeljko, Mladen; Pesut, Damir; Bosnjak, Robert; Karan, Marko; Jelavic, Branka

2010-09-15

In the open market conditions the security of supply is limited. When a large number of players are introduced in to the system, each of them pursuing only partial and limited goals and tasks, the totality of care about security becomes vague. The analysis of the supply security in the responsibility chain, from producers to buyers, shows that open market model carries inherent risks because final security instance is lacking. The proposal is to introduce the State as the final instance that should be responsible for security and clear defining of the responsibilities of all entities included in the responsibility chain.

Security of supply in Competitive Electricity Markets. Conference proceedings

International Nuclear Information System (INIS)

2005-06-01

A stable and reliable electricity supply is a fundamental factor in our modern economy and many people think that the deregulated market is a threat to this - or at least, they think that there is a need for a new type of regulation. Others believe that the threat to security of supply comes from short sighted politicians rather than from competitive markets. Regulation in order to increase security of supply is a threat to well functioning competitive markets - not the other way around. To give an overview of different regulatory models and to discuss each model's particular pros and cons, ELFORSK (Swedish Electrical Utilities RandD Company) on behalf of the Swedish electricity industry, the national grid company Svenska Kraftnaet and the Regulating Authority has arranged this two-day Conference. This conference once again gathers people from many different parts of the world to exchange ideas and experiences from their respective area of operations. Our belief is that people from the industry, the governments as well as from the academic world will find these two days a useful opportunity to build new relationships and gain new insights into the topics covered. There are three main topics for the Conference: Experiences from Different Markets; The Value of Security of Supply; Ongoing research projects. The members of the Conference Committee are impressed by the quality of the papers presented at this Conference and we believe that this is a source of knowledge that will influence decisions makers in many countries. (11 papers presented at the conference have been indexed separately. Powerpoint presentations have not been indexed but are available from the Market Design homrpage)

17 CFR 240.19c-3 - Governing off-board trading by members of national securities exchanges.

Science.gov (United States)

2010-04-01

... members of national securities exchanges. 240.19c-3 Section 240.19c-3 Commodity and Securities Exchanges... Members § 240.19c-3 Governing off-board trading by members of national securities exchanges. The rules of each national securities exchange shall provide as follows: (a) No rule, stated policy or practice of...

33 CFR 165.1121 - Security Zone: Fleet Supply Center Industrial Pier, San Diego, CA.

Science.gov (United States)

2010-07-01

... Guard District § 165.1121 Security Zone: Fleet Supply Center Industrial Pier, San Diego, CA. (a... 33 Navigation and Navigable Waters 2 2010-07-01 2010-07-01 false Security Zone: Fleet Supply Center Industrial Pier, San Diego, CA. 165.1121 Section 165.1121 Navigation and Navigable Waters COAST...

Evaluating the Security of the Global Containerized Supply Chain

National Research Council Canada - National Science Library

Willis, Henry H; Ortiz, David S

2004-01-01

.... However, heightened awareness of terrorism has redefined supply-chain security-the consequences of an attack on or via a critical global port could be a tremendous loss of life and a crippling of the U.S...

Security of gas supply in open markets. LNG and power at a turning point

International Nuclear Information System (INIS)

2004-01-01

Since the 'IEA Study on Security of Gas Supply' was published in 1995, many member countries have started to open their gas and electricity markets to competition. Governments progressively withdrew from directly managing the gas sector; they concentrate now on setting objectives and the framework for competition. With the continued growth of gas demand and the decline of domestic reserves, most IEA countries have to import more gas, mainly for power generation. This requires access to gas reserves at competitive conditions, as well as timely investment in new infrastructure to ensure a reliable gas supply. Reform has led to open markets, where supply and demand are balanced by the market. In the gas sector, supply is capacity-bound and large parts of the demand side are inelastic. The study looks at how governments and other stakeholders in IEA countries respond to the need to create a framework that enables the players to deliver secure and reliable gas supply at the border and all the way down to the final customer. This book analyses the most recent developments in security of gas supply and reliability in all IEA regions in the context of open markets and in view of the new demand and supply trends. A CD-Rom featuring the positions of the main stakeholders (governments, regulators, industry, customers and other organisations) is included with the publication. 'Security of Gas Supply in Open Markets' is a follow-up of 'Flexibility in Natural Gas Supply and Demand' in the IEA series on energy market reforms

Security of Gas Supply in the Countries of the Visegrád Group

Directory of Open Access Journals (Sweden)

Michał Tarnawski

2015-12-01

Full Text Available In spite of efforts on the part of the European Union to promote renewable sources of energy, conventional resources such as oil, natural gas and coal still dominate in individual EU energy mixes. With the rising costs of resources, their uneven distribution and limited supply, each state is busy trying to ensure its energy security. Secure and stable supply of energy resources has becoming the main preoccupation, especially in the countries of Central and Eastern Europe. Over the recent years, the Visegrád Group states have made particularly intensive efforts to ensure their supply of natural gas. The unstable political situation in the east of Europe as well as changes in natural gas markets (shale gas revolution in the USA, increased importance of LNG gave rise to new challenges when it comes to ensuring gas security, but also new opportunities to become independent of eastern imports. It is precisely the fact of being dependent on natural gas imported from Russia that determines the situation of Visegrád Group states. The present paper tries to analyse the situation in Poland, the Czech Republic, Slovakia and Hungary in terms of security of their natural gas supply.

17 CFR 240.3a12-8 - Exemption for designated foreign government securities for purposes of futures trading.

Science.gov (United States)

2010-04-01

... 17 Commodity and Securities Exchanges 3 2010-04-01 2010-04-01 false Exemption for designated foreign government securities for purposes of futures trading. 240.3a12-8 Section 240.3a12-8 Commodity and... trading. (a) When used in this Rule, the following terms shall have the meaning indicated: (1) The term...

Security of feedstocks supply for future bio-ethanol production in Thailand

International Nuclear Information System (INIS)

Silalertruksa, Thapat; Gheewala, Shabbir H.

2010-01-01

This study assesses the security of feedstock supply to satisfy the increased demand for bio-ethanol production based on the recent 15 years biofuels development plan and target (year 2008-2022) of the Thai government. Future bio-ethanol systems are modeled and the feedstock supply potentials analyzed based on three scenarios including low-, moderate- and high-yields improvement. The three scenarios are modeled and key dimensions including availability; diversity; and environmental acceptability of feedstocks supply in terms of GHG reduction are evaluated through indicators such as net feedstock balances, Shannon index and net life cycle GHG emissions. The results show that only the case of high yields improvement scenario can result in a reliable and sufficient supply of feedstocks to satisfy the long-term demands for bio-ethanol and other related industries. Cassava is identified as the critical feedstock and a reduction in cassava export is necessary. The study concludes that to enhance long-term security of feedstocks supply for sustainable bio-ethanol production in Thailand, increasing use of sugarcane juice as feedstock, improved yields of existing feedstocks and promoting production of bio-ethanol derived from agricultural residues are three key recommendations that need to be urgently implemented by the policy makers. - Research highlights: →Bioethanol in Thailand derived from molasses, cassava, sugarcane juice could yield reductions of 64%, 49% and 87% in GHGs when compared to conventional gasoline. →High yields improvement are required for a reliable and sufficient supply of molasses, cassava and sugarcane to satisfy the long-term demands for bio-ethanol and other related industries. →Other factors to enhance long-term security of feedstocks supply for sustainable bioethanol production in Thailand include increasing use of sugarcane juice as feedstock and promoting production of bioethanol derived from agricultural residues.

Measuring the security of external energy supply in the European Union

DEFF Research Database (Denmark)

Le Coq, Chloe; Paltseva, Elena

2009-01-01

The security of energy supply is one of the main objectives of EU energy policy. In this paper, we introduce an index designed to evaluate the short-term risks associated with the external supply of energy to the EU Member States. It combines measures of energy import diversification, political...

The green paper 'towards a European strategy for the security of energy supply'

International Nuclear Information System (INIS)

Laponche, B.; Tillerson, K.

2001-01-01

The Green Paper, 'Towards a European Strategy for the Security of Energy Supply' was adopted by the European Commission on the 20. of November, 2000 (COM(2000)769 final). At this occasion, the Commission launched a public debate on this strategic document. On the 21. of June 2001, a Public Hearing on Security of energy supply in Europe, on the basis of the Green Paper, was organised by the Committee on Industry, External Trade, Research and Energy of the European Parliament. Bernard Laponche was among the six experts participating to the Hearing and presented the following paper, prepared with Kenya Tillerson. This presentation is organised in three chapters: I - Comments on the Green Paper; II - Energy efficiency potentials; III - Conclusions and Recommendations. Chapter I shows that under the heading of the security of supply, the Green paper elaborates and proposes a global energy strategy taking into account environmental and internal market issues and constraints. This leads to recommendations for a common energy policy for Europe based, as first priority, on a demand policy, i.e. energy efficiency on the demand side. If the necessity of such a policy is clearly stated, the Green paper remains weak on the quantitative objectives, due to the lack of contrasted energy forecast scenarios, as well as on the means of a vigorous energy efficiency policy at European Level. The issue of energy efficiency potentials at European Union level is examined in Chapter II, in the light of the poor information which can be extracted from the energy scenarios presented by the European Commission in various publications. A comparison of energy consumption indicators in France and the European Union leads to a rough estimate of a potential for energy demand efficiency by 2020 of the order of 280 Mtoe on final energy consumption, for the European Union. Chapter III underlines the merits of the Green Paper which are a clear-sighted analysis and a well defined main recommendation

Capacity building program: Framework of Standards to secure and facilitate Global Trade

Energy Technology Data Exchange (ETDEWEB)

Koech, H K [Program Manager CBP/DHS Office Number 363-6109 Cell Number 0722-774-912, Office Location: Ground Floor U.S. Embassy Nairobi (Kenya)

2010-07-01

Effective implementation of capacity building program in Kenya will result in maximum protection against terrorist activity/counter terrorism worldwide due to countries meeting the requirements of the program via safety and security measures at land borders, seaports, and airports. It will also result in enforcement of illegal trade pertaining to terrorist financing, money laundering, trade fraud, strategic cases including weapons of mass destruction, child pornography, intellectual property rights, document fraud, alien smuggling, drug smuggling, and general smuggling. It will also facilitate legitimate commerce.

Capacity building program: Framework of Standards to secure and facilitate Global Trade

International Nuclear Information System (INIS)

Koech, H.K.

2010-01-01

Effective implementation of capacity building program in Kenya will result in maximum protection against terrorist activity/counter terrorism worldwide due to countries meeting the requirements of the program via safety and security measures at land borders, seaports, and airports. It will also result in enforcement of illegal trade pertaining to terrorist financing, money laundering, trade fraud, strategic cases including weapons of mass destruction, child pornography, intellectual property rights, document fraud, alien smuggling, drug smuggling, and general smuggling. It will also facilitate legitimate commerce.

Steam coal trade: demand, supply and prices to 2020

Energy Technology Data Exchange (ETDEWEB)

1993-04-01

This report on the international seaborne steam coal market was prepared using an electricity generation model developed for each coal-importing country, with the aid of WEFA Energy's power station database. The report contains chapters on: import demand forecasting methodology; orimulsion (environmental considerations and market potential); Scandinavia; North West Europe; British Isles; South West Europe; Eastern Europe; Eastern Mediterranean and North Africa; Asia; Latin America; North America; world steam coal demand summary; trade and price forecasting methodology; base case forecast; shipping rates; import demand; export supply and foreign exchange rates.

Creating Food Futures. Trade, Ethics and the Environment

NARCIS (Netherlands)

Farnworth, C.R.; Jiggins, J.L.S.; Thomas, E.V.

2008-01-01

A global transformation in food supply and consumption is placing our food security at risk. What changes need to be made to the ways we trade, process and purchase our food if everyone in the world is going to have enough wholesome food to eat? Is there genuine scope for creating food futures that

Security of supply in liberated electricity markets - key issues and experiences in OECD countries (work in progress)

International Nuclear Information System (INIS)

Stridbaek, Ulrik

2005-06-01

Security of supply of electricity could in principle refer to any parts of the value chain from fuel input to delivery of electricity to the final costumer with the expected quality. Concerns about security of supply are usually focused on three aspects: Timely and adequate supply of the input fuel for electricity generation is a prerequisite - security of energy supply. There has to be timely and adequate infrastructure in place to transform the input fuel into electricity and transport it to the final costumer - adequacy of generation and transmission capacity. Finally, it is an operational challenge to make the electricity system work and deliver at the expected quality - secure operation of the electricity system. Security of supply becomes relevant in a policy context from concerns about market failures in any parts of the value chain or, indeed, from the perspective that policy will set the framework for markets to serve as an instrument to secure the supply. This paper discusses some of the experiences with security of supply concerns and market failures in these three basic segments of the value chain; fuel input, adequate generation and transmission capacity and secure operation of the system, with an emphasis on the role of the market to serve as an efficient instrument. In the aftermath of the large black outs of electricity systems in North America, Italy and Sweden/Denmark IEA initiated a project on 'Transmission Reliability and Power System Security in Competitive Electricity Markets'. The results of this work will be published towards the end of 2005. After a decade with liberalised electricity markets in some pioneer regions, IEA now also finds it timely to analyse some of the lessons in a forthcoming publication. Recent and ongoing IEA-work thereby covers all the main aspects of security of supply. This paper summarises the key findings and messages, with a focus on the work in progress on lessons from liberalisation

Streamlining air import operations by trade facilitation measures

Directory of Open Access Journals (Sweden)

Yuri da Cunha Ferreira

2017-12-01

Full Text Available Global operations are subject to considerable uncertainties. Due to the Trade Facilitation Agreement that became effective in February 2017, the study of measures to streamline customs controls is urgent. This study aims to assess the impact of trade facilitation measures on import flows. An experimental study was performed in the largest cargo airport in South America through discrete-event simulation and design of experiments. Operation impacts of three trade facilitation measures are assessed on import flow by air. We shed light in the following trade facilitation measures: the use of X-ray equipment for physical inspection; increase of the number of qualified companies in the trade facilitation program; performance targets for customs officials. All trade facilitation measures used indicated potential to provide more predictability, cost savings, time reduction, and increase in security in international supply chain.

Composite indicators for security of energy supply using ordered weighted averaging

International Nuclear Information System (INIS)

Costescu Badea, Anca; Rocco S, Claudio M.; Tarantola, Stefano; Bolado, Ricardo

2011-01-01

In this paper we propose to use an aggregation rule derived from the Group Decision Theory, and based on the ranks of a set of individual indicators, for building a family of composite indicators for the security of energy supply. This family of composite indicators depends on a parameter associated with the risk-averse level of the decision maker, which can hence vary continuously from risk-prone to risk-averse. It represents a valuable and objective instrument to evaluate the degree of security of energy supply of different countries without entering into controversial matters related to the choice of the weights. This methodology can be used to aggregate either ranks or normalized values of the individual indicators. We apply it to a set of individual indicators, accounting for different dimensions of the security of supply and derived from the outputs of an energy system model. We study the evolution in time of the countries' performances, as well as the propagation of the uncertainties associated with the individual indicators to the composite. We also studied the robustness of such composite indicators with respect to the risk-averse level.

Supply Chain Model with Stochastic Lead Time, Trade-Credit Financing, and Transportation Discounts

Directory of Open Access Journals (Sweden)

Sung Jun Kim

2017-01-01

Full Text Available This model extends a two-echelon supply chain model by considering the trade-credit policy, transportations discount to make a coordination mechanism between transportation discounts, trade-credit financing, number of shipments, quality improvement of products, and reduced setup cost in such a way that the total cost of the whole system can be reduced, where the supplier offers trade-credit-period to the buyer. For buyer, the backorder rate is considered as variable. There are two investments to reduce setup cost and to improve quality of products. The model assumes lead time-dependent backorder rate, where the lead time is stochastic in nature. By using the trade-credit policy, the model gives how the credit-period would be determined to achieve the win-win outcome. An iterative algorithm is designed to obtain the global optimum results. Numerical example and sensitivity analysis are given to illustrate the model.

A tainted trade? Moral ambivalence and legitimation work in the private security industry.

Science.gov (United States)

Thumala, Angélica; Goold, Benjamin; Loader, Ian

2011-06-01

The private security industry is often represented - and typically represents itself - as an expanding business, confident of its place in the world and sure of its ability to meet a rising demand for security. But closer inspection of the ways in which industry players talk about its past, present and future suggests that this self-promotion is accompanied by unease about the industry's condition and legitimacy. In this paper, we analyse the self-understandings of those who sell security - as revealed in interviews conducted with key industry players and in a range of trade materials - in order to highlight and dissect the constitutive elements of this ambivalence. This analysis begins by describing the reputational problems that are currently thought to beset the industry and the underlying fears about its status and worth that these difficulties disclose. We then examine how security players seek to legitimate the industry using various narratives of professionalization. Four such narratives are identified - regulation, education, association and borrowing - each of which seeks to justify private security and enhance the industry's social worth. What is striking about these legitimation claims is that they tend not to justify the selling of security in market terms. In conclusion we ask why this is the case and argue that market justifications are 'closed-off' by a moral ambivalence that attaches to an industry trading in products which cannot guarantee to deliver the condition that its consumers crave. © London School of Economics and Political Science 2011.

33 CFR 106.270 - Security measures for delivery of stores and industrial supplies.

Science.gov (United States)

2010-07-01

... stores and industrial supplies. (a) General. The OCS facility owner or operator must ensure that security...). These additional security measures may include: (1) Intensifying inspection of the stores or industrial... 33 Navigation and Navigable Waters 1 2010-07-01 2010-07-01 false Security measures for delivery of...

Reducing Added Sugars in the Food Supply Through a Cap-and-Trade Approach

Science.gov (United States)

Lewis, Kristina

2014-01-01

Objectives. We estimated the effect of a simulated cap-and-trade policy to reduce added sugar in the food supply. Methods. Using nationally representative data on added-sugar content and consumption, we constructed a mathematical model of a cap-and-trade policy and compared its health implications to those of proposals to tax sugar sweetened beverages or added sugars. Results. Capping added-sugar emissions into the food supply by food manufacturers at a rate of 1% per year would be expected to reduce the prevalence of obesity by 1.7 percentage points (95% confidence interval [CI] = 0.9, 2.4; a 4.6% decline) and the incidence of type 2 diabetes by 21.7 cases per 100 000 people (95% CI = 12.9, 30.6; a 4.2% decline) over 20 years, averting approximately $9.7 billion in health care spending. Racial and ethnic minorities would be expected to experience the largest declines. By comparison, equivalent price penalties through excise taxes would be expected to generate smaller health benefits. Conclusions. A cap-and-trade policy to reduce added-sugar intake may reduce obesity and type 2 diabetes to a greater extent than currently-proposed excise taxes. PMID:25365146

Security of supply of uranium as nuclear fuel

International Nuclear Information System (INIS)

Guzman Gomez-Selles, L.

2011-01-01

When we talk about Sustainability related to nuclear fuel, the first concern that comes to our mind is about the possibility of having guarantees on the uranium supply for a sufficient period of time. In this paper we are going to analyze the last Reserves data published by the OCD's Red Book and also how the Reserve concept in fully linked to the uranium price. Additionally, it is demonstrated how the uranium Security of supply is guaranteed for, at least, the next 100 years. finally, some comments are made regarding other sources of nuclear fuel as it is the uranium coming from the phosphates or the thorium. (Author)

Security of electricity supply at the generation level: Problem analysis

International Nuclear Information System (INIS)

Rodilla, P.; Batlle, C.

2012-01-01

Since the very beginning of the restructuring process, back in 1982 in Chile, the ability of an electricity market to provide the system with the required level of security of supply has been put into question. The mistrust on the ability of the market, left to its own devices, to provide sufficient generation availability when needed, is more and more leading to the implementation of additional regulatory mechanisms. This matter is undoubtedly gaining importance and it has taken a key role in the energy regulators’ agendas. In this paper, we revisit this discussion under the light of thirty years of electricity market experience. We analyze the different reasons why, although ideally the market is supposed to provide itself an adequate security of supply at the generation level, this result is still far from being achieved in practice. - Highlights: ► Discussion on the need for capacity mechanisms is revisited. ► Reasons behind adequacy problem are analyzed. ► Regulator’s intervention to guarantee supply is most of the times justified.

VGB-congress power plants 2013. Security of supply - from challenges to solutions. Opening address

International Nuclear Information System (INIS)

Jaeger, Gerd

2014-01-01

The VGB Congress 'Power Plants 2013' took place in Masstricht/NL from September 25 to 27, 2013 under the motto 'Security of Supply - From Challenges to Solutions'. Experts from 31 countries attended the largest European congress for power and heat generation to discuss and inform about current issues. The congress comprised the sections 'Security of Supply: A Common European Challenge', 'Technical Solutions for our Future Electricity Generation', 'Operational Experience as Key Competence' and 'Thinking Ahead: Projects and Visions 2020+' where participants and lecturers dealt with the future challenges of European power supply. (orig.)

Government influence on international trade in uranium

International Nuclear Information System (INIS)

1978-01-01

The subject is dealt with in sections, entitled; introduction (history of uncertainty in the uranium market, opposition to nuclear power); unsatisfactory features of today's trade conditions (including discussion of restrictions in production, exports and imports); desirable principles governing international trade in uranium, apart from the non-proliferation issue (limitation on governmental intervention for economic purposes, reservation of adequate uranium resources in exporting countries, government export price control); desirable principles for achieving balance between security of supply and non-proliferation (need for consensus, reprocessing and fast breeder reactors, principles guiding government controls established for non-proliferation purposes). (U.K.)

The cultivation of information infrastructures for international trade : Stakeholder challenges and engagement reasons

NARCIS (Netherlands)

Knol, A.J.; Tan, Y.

2018-01-01

The development of information infrastructures for international trade to improve supply chain visibility and security has gained momentum due to technological advances. An information infrastructure is a shared, open, and evolving assemblage of interlinked information systems providing distinct

Security of supply and retail competition in the European gas market

Energy Technology Data Exchange (ETDEWEB)

Abada, Ibrahim, E-mail: ibrahim.abada@polytechnique.edu [IFP Energies nouvelles, 1 et 4 avenue de Bois Preau, 92852 Rueil-Malmaison (France); EDF Research and Development, 1 avenue du General de Gaulle, 92140 Clamart (France); EconomiX-CNRS, University of Paris Ouest (France); Massol, Olivier, E-mail: olivier.massol@ifpen.fr [Center for Economics and Management, IFP School, 228-232 av. Napoleon Bonaparte, 92852 Rueil-Malmaison (France); Department of Economics, City University London, Northampton Square, London EC1V 0HB (United Kingdom)

2011-07-15

In this paper, we analyze the impact of uncertain disruptions in gas supply upon gas retailer contracting behavior and consequent price and welfare implications in a gas market characterized by long-term gas contracts using a static Cournot model. In order to most realistically describe the economical situation, our representation divides the market into two stages: the upstream market that links, by means of long-term contracts, producers in exporting countries (Russia, Algeria, etc.) to local retailers who bring gas to the consuming countries to satisfy local demands in the downstream market. Disruption costs are modeled using short-run demand functions. First we mathematically develop a general model and write the associated KKT conditions, then we propose some case studies, under iso-elasticity assumptions, for the long-short-run inverse-demand curves in order to predict qualitatively and quantitatively the impacts of supply disruptions on Western European gas trade. In the second part, we study in detail the German gas market of the 1980s to explain the supply choices of the German retailer, and we derive interesting conclusions and insights concerning the amounts and prices of natural gas brought to the market. The last part of the paper is dedicated to a study of the Bulgarian gas market, which is greatly dependent on the Russian gas supplies and hence very sensitive to interruption risks. Some interesting conclusions are derived concerning the necessity to economically regulate the market, by means of gas amounts control, if the disruption probability is high enough. - Highlights: > We model retail competition using a Nash-Cournot framework. > Risk-neutral retailers decide their import policy among a set of risky producers. > Case 1: the German gas trade of the 1980s to understand the gas sources' choices. > Case 2: the current Bulgarian gas trade to study the market properties. > Conclusions about the market regulation for welfare optimization reasons.

Security of supply and retail competition in the European gas market

International Nuclear Information System (INIS)

Abada, Ibrahim; Massol, Olivier

2011-01-01

In this paper, we analyze the impact of uncertain disruptions in gas supply upon gas retailer contracting behavior and consequent price and welfare implications in a gas market characterized by long-term gas contracts using a static Cournot model. In order to most realistically describe the economical situation, our representation divides the market into two stages: the upstream market that links, by means of long-term contracts, producers in exporting countries (Russia, Algeria, etc.) to local retailers who bring gas to the consuming countries to satisfy local demands in the downstream market. Disruption costs are modeled using short-run demand functions. First we mathematically develop a general model and write the associated KKT conditions, then we propose some case studies, under iso-elasticity assumptions, for the long-short-run inverse-demand curves in order to predict qualitatively and quantitatively the impacts of supply disruptions on Western European gas trade. In the second part, we study in detail the German gas market of the 1980s to explain the supply choices of the German retailer, and we derive interesting conclusions and insights concerning the amounts and prices of natural gas brought to the market. The last part of the paper is dedicated to a study of the Bulgarian gas market, which is greatly dependent on the Russian gas supplies and hence very sensitive to interruption risks. Some interesting conclusions are derived concerning the necessity to economically regulate the market, by means of gas amounts control, if the disruption probability is high enough. - Highlights: → We model retail competition using a Nash-Cournot framework. → Risk-neutral retailers decide their import policy among a set of risky producers. → Case 1: the German gas trade of the 1980s to understand the gas sources' choices. → Case 2: the current Bulgarian gas trade to study the market properties. → Conclusions about the market regulation for welfare optimization

Essays on the economics of energy markets. Security of supply and greenhouse gas abatement

International Nuclear Information System (INIS)

Dieckhoener, Caroline

2013-01-01

In summary, the presented thesis analyzes two distinct economic subjects: security of supply in natural gas markets and greenhouse gas abatement potentials in the residential heating market. These subjects considered both reflect key points in the triangle of energy policy and are both associated with transnational market failures within energy markets. The security of supply analyses in an intermeshed network are approached from a rather normative, top-down perspective of a social planner. On the contrary, the analyses of greenhouse gases emitted by households are positive analyses of consumer choices. The normative analyses of security of supply in natural gas markets and the positive analyses on greenhouse gas abatement in the residential heating market are organized in two parts of the thesis. 1. Normative analyses - Security of supply in natural gas markets: The two papers of the first part of the dissertation thesis are based on a normative approach with the European natural gas market and infrastructure model TIGER that allows for security of supply analyses. The general idea behind the modeling approach is based on the assumption of a social planner and finds an efficient utilization of the natural gas infrastructure. More precisely, the security of supply analyses conducted in the first part of the thesis refer to scenario simulations of disrupted supply routes in the European natural gas network. The effects of these security of supply scenarios on the usage of other infrastructure components, on marginal supply costs and disruptions to consumers are investigated. 2. Positive analyses of greenhouse gas abatement potentials - Econometric modeling of consumer choices and evaluation of public policies: The second part of the thesis includes two positive analyses which investigate household choices to derive greenhouse gas abatement potentials. In the residential heating market, the energy efficiency level exhibited and the type of energy carrier used are

Essays on the economics of energy markets. Security of supply and greenhouse gas abatement

Energy Technology Data Exchange (ETDEWEB)

Dieckhoener, Caroline

2013-02-01

In summary, the presented thesis analyzes two distinct economic subjects: security of supply in natural gas markets and greenhouse gas abatement potentials in the residential heating market. These subjects considered both reflect key points in the triangle of energy policy and are both associated with transnational market failures within energy markets. The security of supply analyses in an intermeshed network are approached from a rather normative, top-down perspective of a social planner. On the contrary, the analyses of greenhouse gases emitted by households are positive analyses of consumer choices. The normative analyses of security of supply in natural gas markets and the positive analyses on greenhouse gas abatement in the residential heating market are organized in two parts of the thesis. 1. Normative analyses - Security of supply in natural gas markets: The two papers of the first part of the dissertation thesis are based on a normative approach with the European natural gas market and infrastructure model TIGER that allows for security of supply analyses. The general idea behind the modeling approach is based on the assumption of a social planner and finds an efficient utilization of the natural gas infrastructure. More precisely, the security of supply analyses conducted in the first part of the thesis refer to scenario simulations of disrupted supply routes in the European natural gas network. The effects of these security of supply scenarios on the usage of other infrastructure components, on marginal supply costs and disruptions to consumers are investigated. 2. Positive analyses of greenhouse gas abatement potentials - Econometric modeling of consumer choices and evaluation of public policies: The second part of the thesis includes two positive analyses which investigate household choices to derive greenhouse gas abatement potentials. In the residential heating market, the energy efficiency level exhibited and the type of energy carrier used are

Nuclear Option for a Secure and Sustainable Energy Supply

International Nuclear Information System (INIS)

Kolundzija, V.; Mesarovic, M.

2002-01-01

Present energy policy is required to ensure a balance between security of supply, competitiveness and environmental requirements. Recent changes involved by deregulation and liberalization of electricity and natural gas markets even strengthen such a policy. However, dependency on external energy sources carries risks that have to be managed since a large proportion of both oil and gas reserves are found in politically unstable regions. Electrical energy is a fundamental prerequisite for a civilized life and an essential commodity, but it cannot be stored and this restricts the extent to which there can be a real free market for electricity. Therefore, relying on imports of electricity to a large extent may prove unsecure because this requires a true, completely open market in which the opportunities for cross-border trade are effective and balanced and transport connections are adequate. This is equally applied to the countries in the South-Eastern Europe, despite very good prospects for development of the regional electricity market there. In this regard, the use of nuclear energy has not any risk associated with external dependency because there are abundant quantities of uranium available world-wide from many diverse sources. The inherent mitigation of supply risk associated with the use of uranium should act as an incentive to the further use of nuclear energy. In addition, already very large stocks of fuel assemblies and fuel-making materials available, especially when these are measured in terms of power generating capacity per year at current production rates. It is, therefore, very important for any country to recognize such strategic aspect of nuclear energy when addressing the issue of security of power supply. Nuclear option is in a unique position to restore its original role of the main source of energy with an increased attention paid to the security of electricity supply as well as regulatory changes affecting fossil fuels, particularly with due

Does Social Security Affect Retirement and Labor Supply? Using the Chilean Experience as an Experiment

OpenAIRE

Rodrigo Cerda

2002-01-01

The paper explores the effects of the social security system over retirement and labor supply decision of individuals aged 55 to 65 in Chile. We use the 1998 CASEN survey elaborated by the Chilean government. Due to regulations established by the current social security law, two social security systems coexist on 1998: the .Pay-as-you-go. and the individual account system. This property of the dataset, allows us to disentangle the effects of those two systems over retirement and labor supply....

Probabilistic modelling of security of supply in gas networks and evaluation of new infrastructure

International Nuclear Information System (INIS)

Praks, Pavel; Kopustinskas, Vytis; Masera, Marcelo

2015-01-01

The paper presents a probabilistic model to study security of supply in a gas network. The model is based on Monte-Carlo simulations with graph theory, and is implemented in the software tool ProGasNet. The software allows studying gas networks in various aspects including identification of weakest links and nodes, vulnerability analysis, bottleneck analysis, evaluation of new infrastructure etc. In this paper ProGasNet is applied to a benchmark network based on a real EU gas transmission network of several countries with the purpose of evaluating the security of supply effects of new infrastructure, either under construction, recently completed or under planning. The probabilistic model enables quantitative evaluations by comparing the reliability of gas supply in each consuming node of the network. - Highlights: • A Monte-Carlo algorithm for stochastic flow networks is presented. • Network elements can fail according to a given probabilistic model. • Priority supply pattern of gas transmission networks is assumed. • A real-world EU gas transmission network is presented and analyzed. • A risk ratio is used for security of supply quantification of a new infrastructure.

Two retailer-supplier supply chain models with default risk under trade credit policy.

Science.gov (United States)

Wu, Chengfeng; Zhao, Qiuhong

2016-01-01

The purpose of the paper is to formulate two uncooperative replenishment models with demand and default risk which are the functions of the trade credit period, i.e., a Nash equilibrium model and a supplier-Stackelberg model. Firstly, we present the optimal results of decentralized decision and centralized decision without trade credit. Secondly, we derive the existence and uniqueness conditions of the optimal solutions under the two games, respectively. Moreover, we present a set of theorems and corollary to determine the optimal solutions. Finally, we provide an example and sensitivity analysis to illustrate the proposed strategy and optimal solutions. Sensitivity analysis reveals that the total profits of supply chain under the two games both are better than the results under the centralized decision only if the optimal trade credit period isn't too short. It also reveals that the size of trade credit period, demand, retailer's profit and supplier's profit have strong relationship with the increasing demand coefficient, wholesale price, default risk coefficient and production cost. The major contribution of the paper is that we comprehensively compare between the results of decentralized decision and centralized decision without trade credit, Nash equilibrium and supplier-Stackelberg models with trade credit, and obtain some interesting managerial insights and practical implications.

A secure online image trading system for untrusted cloud environments.

Science.gov (United States)

Munadi, Khairul; Arnia, Fitri; Syaryadhi, Mohd; Fujiyoshi, Masaaki; Kiya, Hitoshi

2015-01-01

In conventional image trading systems, images are usually stored unprotected on a server, rendering them vulnerable to untrusted server providers and malicious intruders. This paper proposes a conceptual image trading framework that enables secure storage and retrieval over Internet services. The process involves three parties: an image publisher, a server provider, and an image buyer. The aim is to facilitate secure storage and retrieval of original images for commercial transactions, while preventing untrusted server providers and unauthorized users from gaining access to true contents. The framework exploits the Discrete Cosine Transform (DCT) coefficients and the moment invariants of images. Original images are visually protected in the DCT domain, and stored on a repository server. Small representation of the original images, called thumbnails, are generated and made publicly accessible for browsing. When a buyer is interested in a thumbnail, he/she sends a query to retrieve the visually protected image. The thumbnails and protected images are matched using the DC component of the DCT coefficients and the moment invariant feature. After the matching process, the server returns the corresponding protected image to the buyer. However, the image remains visually protected unless a key is granted. Our target application is the online market, where publishers sell their stock images over the Internet using public cloud servers.

ESCAPE. Energy Security and ClimAte Policy Evaluation

International Nuclear Information System (INIS)

Kessels, J.R.; Bakker, S.J.A.

2005-05-01

Climate change and energy supply security policy are currently not integrated in most countries, despite possible synergies. The ESCAPE approach suggests that linking climate change policy with security of energy supply could improve climate change policy at both a national and international level. The report explores the interaction between policies of energy security and climate change and the options of inclusion of energy security issues into national and international post-2012 climate negotiations. It emphasises the importance of the US in this regard and takes a close look at US energy policy documents. It appears that current US energy policy is not directed towards reducing its reliance on imported fossil fuel, even though the government has a strong preference for this. This study shows that measures to reduce import dependency are mostly synergetic with climate policy and gives some options that can be implemented. On an international level, linkages of energy security into post-2012 climate policy may be possible in sectoral bottom-up approaches or technology frameworks. As well, inclusion of a security of supply criterion in international emission trading instruments may provide potential benefits

Security of Supply of Hydrocarbonates and Differences in Approach to the Issue Definition

International Nuclear Information System (INIS)

Dragicevic, T.

2006-01-01

Security of Supply became an issue during the First World War when First Lord of Admiralty, W. Churchill, decided to modernize the Navy by replacing coal with oil as a propelling fuel for ships. Crude oil that arrived from the then Persia opened up the question of Security. First Lord of Admiralty defined it in the following way: S afety and certainty in oil lie in variety and variety alone... . This concept of diversification of supply became topical again during the oil crises in 1973. It is topical even today as the world faces disruptions in supply caused by war intervention in Iraq, Al-Qaeda terrorist threats, hurricanes in the Gulf of Mexico or difficulties in natural gas supply caused by disputes between Russia and Ukraine. The important element of security of supply is the own oil and gas production from domestic fields or foreign concessions. The countries that have their own oil industry regard highly the strategic importance of their own reserves. Private ownership of shares in oil companies or sources of capital does not diminish this strategic importance. Participation of renewable energy sources is important not only for environmental protection but for mitigating dependence on energy imports. Croatian energy strategy should be adjusted to new challenges and conditions on the energy market, taking also into account the relevant EU regulations.(author)

Effect of crude oil and refined petroleum product imports on the national security. Critical technologies

International Nuclear Information System (INIS)

1989-01-01

The report contains the results of an investigation requested under Section 232 of the Trade Expansion Act to study the effect of oil imports on the domestic petroleum industry and on United States energy security. It reviews previous energy security assessments and resulting initiatives, assesses current US energy security, and studies emergency petroleum requirements. The report finds that there have been substantial improvements in US energy security since the last Section 232 Petroleum finding in 1979. However, declining domestic oil production, rising oil imports, and growing dependence on potentially insecure sources of supply raise concerns of vulnerability to a major supply disruption

Security of the electricity supply. The area of conflict between profitability and environmental compatibility; Sicherheit der Elektrizitaetsversorgung. Das Spannungsfeld von Wirtschaftlichkeit und Umweltvertraeglichkeit

Energy Technology Data Exchange (ETDEWEB)

Praktiknjo, Aaron

2013-07-01

The scope of the book is on the one hand support for the power industry defining investment and sales strategies that intend optimum supply security in the view of the customer and on the other hand the information for energy and environmental politicians demonstrating the conflict of objectives. The following issues are covered: technical and organizational aspects of electricity supply, theoretical background of the security of electricity supply, security of supply for economic sections, security of electricity supply for private households: theoretical microeconomic approach, security of electricity supply for private households: method of defined preferences, security of electricity supply in the context of climate protection and nuclear phase-out.

The Role of Information Security Management Systems in Supply Chain Performance Improvement

Directory of Open Access Journals (Sweden)

Mohammad Reza Taghva

2012-02-01

Full Text Available In recent years, the researchers have emphasized on positive effect of information system on supply chain performance such as organizational processes integration, information sharing, information technology, etc. In other hand, information security management system is one of the subjects that researches considered its effects on increase accuracy and effective information exchange, access to accurate and timely information and reduce errors of information system. Since, any research has not been done on this ground (the importance of ISMS on supply chain performance. Therefore, it was felt that a research should have done on these approaches on supply chain. In this respect, current research was seeking that how ISMS had impact on supply chain performance in automotive industry and this was the innovative aspect of this paper. So first of all, after the review of the information security management system literature, supply chain performance was considered by the balanced scorecard approach then the most important factors of these two subjects was extracted by correlation analysis. In this way, it was considered that how ISMS had impact on supply chain performance by correlation analysis. The results showed that different dimensions of ISMS (information uniformity, prevent the human and machine mistake, information be accuracy, and rectitude and instruction for users had impact on four dimensions of supply chain performance (customers, financial, internal processes and learning and growth in three levels (strategic, technical, and operational in supply chain. At the end, it was showed that ISMS lays the ground for increase supply chain performance.

Resource power and resource security: the politics of nonfuel minerals trade

International Nuclear Information System (INIS)

Kahn, O.E.

1985-01-01

The developed producers, Canada, Australia, and South Africa, and not the developing producers, are the power wielders and major tracers in nonfuel minerals. Specific circumstances allow producers to obtain compliant behavior from consumers. These include: exporter's market share, importer's degree of dependence, the material's being critical to importer's economy, and the trading system's condoning nonmarket goals. These (and other) criteria comprise an analytical device, the strategic trading relationship, which is used to demonstrate developed producer commodity power and developed consumer vulnerability. Consuming country governments rely on the private sector to deal with national enmeshment in strategic trading relationships. Japan excepted, OECD members fail either to address their continued access to nonfuel minerals, or their ability to survive supply disruption with minimum dislocation. Producer power is exemplified by Canada's threat and use of embargo to make her uranium customers tighten their nonproliferation policies. Structural power deters South Africa's ability to head off wholehearted economic pressure is the classic case

Vulnerability to shocks in the global seafood trade network

Science.gov (United States)

Gephart, Jessica A.; Rovenskaya, Elena; Dieckmann, Ulf; Pace, Michael L.; Brännström, Åke

2016-03-01

Trade can allow countries to overcome local or regional losses (shocks) to their food supply, but reliance on international food trade also exposes countries to risks from external perturbations. Countries that are nutritionally or economically dependent on international trade of a commodity may be adversely affected by such shocks. While exposure to shocks has been studied in financial markets, communication networks, and some infrastructure systems, it has received less attention in food-trade networks. Here, we develop a forward shock-propagation model to quantify how trade flows are redistributed under a range of shock scenarios and assess the food-security outcomes by comparing changes in national fish supplies to indices of each country’s nutritional fish dependency. Shock propagation and distribution among regions are modeled on a network of historical bilateral seafood trade data from UN Comtrade using 205 reporting territories grouped into 18 regions. In our model exposure to shocks increases with total imports and the number of import partners. We find that Central and West Africa are the most vulnerable to shocks, with their vulnerability increasing when a willingness-to-pay proxy is included. These findings suggest that countries can reduce their overall vulnerability to shocks by reducing reliance on imports and diversifying food sources. As international seafood trade grows, identifying these types of potential risks and vulnerabilities is important to build a more resilient food system.

PETROBRAS Northeast gas security of supply study

Energy Technology Data Exchange (ETDEWEB)

Faertes, Denise; Heil, Luciana; Saker, Leonardo; Vieira, Flavia; Risi, Francisco [PETROBRAS, Rio de Janeiro, RJ (Brazil); Domingues, Joaquim; Alvarenga, Tobias; Mussel, Patricia [DNV, Rio de Janeiro, RJ (Brazil)

2009-07-01

The purpose of this paper is to present the study developed jointly by PETROBRAS Gas and Power Department and Det Norske Veritas (Brazil and United Kingdom office). The study was carried out with the objective of evaluating the security of supply 2009 PETROBRAS Northeast gas network. This network provides gas to thermo plants, to vehicles and to industrial and residential consumers. The occurrence of contract shortfalls implies on heavy fines for the suppliers. To provide best in class analysis, state of the art software was used in order to count on powerful tools to model the gas supply system and to quantify the availability and the efficiency of the overall network and of its individual components. It also provides the prioritization of investment, based on cost benefit analysis, and as a by-product, contingency plans that were developed, considering the identified failure scenarios. (author)

A critical assessment of the different approaches aimed to secure electricity generation supply

Energy Technology Data Exchange (ETDEWEB)

Batlle, C.; Rodilla, P. [Technological Research Institute, Pontifical University of Comillas, Sta. Cruz de Marcenado 26, 28015 Madrid (Spain)

2010-11-15

Since the very beginning of the power systems reform process, one of the key questions posed has been whether the market, of its own accord, is able to provide satisfactory security of supply at the power generation level or if some additional regulatory mechanism needs to be introduced, and in the latter case, which is the most suitable approach to tackle the problem. This matter is undoubtedly gaining importance and it has taken a key role in the energy regulators' agendas. In this paper, we critically review and categorize the different approaches regulators can opt for to deal with the problem of guaranteeing (or at least enhancing) security of supply in a market-oriented environment. We analyze the most relevant regulatory design elements throughout an updated assessment of the broad range of international experiences, highlighting the lessons we have learned so far in a variety of contexts. Based on the analysis, we conclude by providing a set of principles and criteria that should be considered by the regulator when designing a security of supply mechanism. (author)

A critical assessment of the different approaches aimed to secure electricity generation supply

International Nuclear Information System (INIS)

Batlle, C.; Rodilla, P.

2010-01-01

Since the very beginning of the power systems reform process, one of the key questions posed has been whether the market, of its own accord, is able to provide satisfactory security of supply at the power generation level or if some additional regulatory mechanism needs to be introduced, and in the latter case, which is the most suitable approach to tackle the problem. This matter is undoubtedly gaining importance and it has taken a key role in the energy regulators' agendas. In this paper, we critically review and categorize the different approaches regulators can opt for to deal with the problem of guaranteeing (or at least enhancing) security of supply in a market-oriented environment. We analyze the most relevant regulatory design elements throughout an updated assessment of the broad range of international experiences, highlighting the lessons we have learned so far in a variety of contexts. Based on the analysis, we conclude by providing a set of principles and criteria that should be considered by the regulator when designing a security of supply mechanism.

Security of supply in competitive electricity markets: The Nordic power market

International Nuclear Information System (INIS)

Singh, Balbir

2004-01-01

It is well known that in the absence of a complete set of markets or under conditions of monopoly and imperfect competition, optimal provision of quality can not be taken for granted. Market set in the restructured electricity markets is not complete, physical networks per definition are natural monopolies, market-power issues are yet to be resolved, not all the services supplied through the restructured frameworks are private goods and risk of government intervention is high during the times when market prices signal shortages. Sole reliance on the energy-only markets for optimal provision of security of supply under such conditions is mistaken. On the other hand, centralization of decisions for provision of reserve capacity, such as the gas-reserve capacity proposal in the Norwegian system is not an efficient substitute for missing or imperfect markets. The solution lies in the design of permanent market-mechanisms that enhance the ability of energy-only markets to handle the medium and long-term security of supply. A carefully designed reserve energy certificates mechanism is a viable alternative in this context. (Author)

South Asia energy security: Challenges and opportunities

International Nuclear Information System (INIS)

Kumar Singh, Bhupendra

2013-01-01

South Asia has witnessed a growing imbalance between energy demand and its supply from indigenous sources resulting in increased import dependence. Energy endowments differ among the South Asian countries. However, access to the significant energy resources in the neighboring countries is denied, which increases the cost of energy supply and reduces energy security of the individual countries and of the region as a whole. The countries in the region could benefit significantly only by strengthening the mechanism of energy trade through improved connectivity. Therefore, greater cooperation within South Asia could be one of the most effective ways to deal with this Regional Energy deficit and ensure Energy Security of the Region. - Highlights: • No South Asian country is going to be able to meet its energy needs domestically. • Fostering cross border energy trade and promotion of investments opportunities are key solutions. • India’s neighbors have huge potential in hydroelectricity. • Co-operation among nations to tap the energy resource can be a win–win situation for all. • However it faces certain challenges

German natural gas market and the international supply situation. Pt. 1. Supply market for natural gas

Energy Technology Data Exchange (ETDEWEB)

Dolinski, U [Deutsches Inst. fuer Wirtschaftsforschung, Berlin (Germany, F.R.). Abt. Bergbau und Energie

1978-01-01

Since the oil crisis the buyers's market started to change to a seller's market as a result of the worldwide rising demand for natural gas. This development will be amplified with the increasing significance and volume of LNG trade. This depends upon the availability of handling and tanker capacities. It is considered that technical solutions are available. The internationalisation of the world natural gas market imposes changes in terms of trade for the Federal Republic of Germany. In the sixties, terms of trade made under sales considerations presented no problems. But gas buyers today are forced to accept sellers' terms looking for the buyer offering the highest prices and other sales advantages. The world gas market has assumed the features of a polypolistic market. The security of supply is not a matter of adequate reserves, but almost entirely that of terms of contract on which the natural gas supply can be ensured. It is thereby decisive, whether it will be possible in future to procure the required amount of gas at such terms that it can be sold on the German energy market at competetive rates.

Research on the Food Security Condition and Food Supply Capacity of Egypt

Directory of Open Access Journals (Sweden)

Jian Deng

2014-01-01

Full Text Available Food security is chronically guaranteed in Egypt because of the food subsidy policy of the country. However, the increasing Egyptian population is straining the food supply. To study changes in Egyptian food security and future food supply capacity, we analysed the historical grain production, yield per unit, grain-cultivated area, and per capita grain possession of Egypt. The GM (1,1 model of the grey system was used to predict the future population. Thereafter, the result was combined with scenario analysis to forecast the grain possession and population carrying capacity of Egypt under different scenarios. Results show that the increasing population and limitations in cultivated land will strain Egyptian food security. Only in high cultivated areas and high grain yield scenarios before 2020, or in high cultivated areas and mid grain yield scenarios before 2015, can food supply be basically satisfied (assurance rate ≥ 80% under a standard of 400 kg per capita. Population carrying capacity in 2030 is between 51.45 and 89.35 million. Thus, we propose the use of advanced technologies in agriculture and the adjustment of plant structure and cropping systems to improve land utilization efficiency. Furthermore, urbanization and other uses of cultivated land should be strictly controlled to ensure the planting of grains.

Research on the food security condition and food supply capacity of Egypt.

Science.gov (United States)

Deng, Jian; Xiang, Youzhen; Hao, Wenhui; Feng, Yongzhong; Yang, Gaihe; Ren, Guangxin; Han, Xinhui

2014-01-01

Food security is chronically guaranteed in Egypt because of the food subsidy policy of the country. However, the increasing Egyptian population is straining the food supply. To study changes in Egyptian food security and future food supply capacity, we analysed the historical grain production, yield per unit, grain-cultivated area, and per capita grain possession of Egypt. The GM (1,1) model of the grey system was used to predict the future population. Thereafter, the result was combined with scenario analysis to forecast the grain possession and population carrying capacity of Egypt under different scenarios. Results show that the increasing population and limitations in cultivated land will strain Egyptian food security. Only in high cultivated areas and high grain yield scenarios before 2020, or in high cultivated areas and mid grain yield scenarios before 2015, can food supply be basically satisfied (assurance rate ≥ 80%) under a standard of 400 kg per capita. Population carrying capacity in 2030 is between 51.45 and 89.35 million. Thus, we propose the use of advanced technologies in agriculture and the adjustment of plant structure and cropping systems to improve land utilization efficiency. Furthermore, urbanization and other uses of cultivated land should be strictly controlled to ensure the planting of grains.

Ensuring the security of electricity supply in Ontario: is demand-side management the answer?

International Nuclear Information System (INIS)

Chuddy, B.

2004-01-01

This paper examines the issues relating to ensuring the security of electricity supply in Ontario. In particular, it focuses on demand-side management as a means of achieving these objectives. The solution involves both conservation and supply. It is therefore critical that there be investment in new supply with multiple buyers/sellers. regulatory environment and pricing could encourage conservation

The nature of the derivative market transactions traded in the Johannesburg securities exchange

Directory of Open Access Journals (Sweden)

Tankiso Moloi

2014-10-01

Full Text Available The main objective of the study was to assess and understand the nature of derivative products traded in the Johannesburg Securities Exchange (JSE by analysing daily transactions consisting of deals and contracts concluded, as well as notional values of derivatives traded in the review period. Analysed data found that the South African derivative market continues to grow and evolve with the consistent introduction of new derivative products such as the “can do” derivatives, IDX derivatives that are now being traded at the JSE. The evolvement and growth is confirmed by the fact that the total derivative deals in the JSE has also grown by 16.6% (CAGR from 2006. The study further found that the equity index remains the largest derivative for both options and futures

Measuring the security of external energy supply in the European Union

Energy Technology Data Exchange (ETDEWEB)

Le Coq, Chloe [SITE, Stockholm School of Economics, P.O. Box 6501, Stockholm 11383 (Sweden); Paltseva, Elena [Department of Economics, Copenhagen University, Oester Farimagsgade 5, Building 26, 1353 Copenhagen (Denmark)

2009-11-15

The security of energy supply is one of the main objectives of EU energy policy. In this paper, we introduce an index designed to evaluate the short-term risks associated with the external supply of energy to the EU Member States. It combines measures of energy import diversification, political risks of the supplying country, risk associated with energy transit, and the economic impact of a supply disruption. We construct separate indexes for three primary energy types, oil, gas and coal, and demonstrate that Member States' levels of supply risk exposure differ across energies. Most other studies of this kind provide aggregate indexes combining different types of energy. Our results suggest that an aggregate approach could be misleading, at least for discussions of the short-term response to risks. We discuss the implications of our findings for the common energy policy. (author)

Measuring the security of external energy supply in the European Union

International Nuclear Information System (INIS)

Le Coq, Chloe; Paltseva, Elena

2009-01-01

The security of energy supply is one of the main objectives of EU energy policy. In this paper, we introduce an index designed to evaluate the short-term risks associated with the external supply of energy to the EU Member States. It combines measures of energy import diversification, political risks of the supplying country, risk associated with energy transit, and the economic impact of a supply disruption. We construct separate indexes for three primary energy types, oil, gas and coal, and demonstrate that Member States' levels of supply risk exposure differ across energies. Most other studies of this kind provide aggregate indexes combining different types of energy. Our results suggest that an aggregate approach could be misleading, at least for discussions of the short-term response to risks. We discuss the implications of our findings for the common energy policy. (author)

Recent evolution of China's virtual water trade: analysis of selected crops and considerations for policy

Science.gov (United States)

Shi, J.; Liu, J.; Pinter, L.

2014-04-01

China has dramatically increased its virtual water import over recent years. Many studies have focused on the quantity of traded virtual water, but very few go into analysing geographic distribution and the properties of China's virtual water trade network. This paper provides a calculation and analysis of the crop-related virtual water trade network of China based on 27 major primary crops between 1986 and 2009. The results show that China is a net importer of virtual water from water-abundant areas of North America and South America, and a net virtual water exporter to water-stressed areas of Asia, Africa, and Europe. Virtual water import is far larger than virtual water export, and in both import and export a small number of trade partners control the supply chain. Grain crops are the major contributors to virtual water trade, and among grain crops, soybeans, mostly imported from the US, Brazil and Argentina, are the most significant. In order to mitigate water scarcity and secure the food supply, virtual water should actively be incorporated into national water management strategies. And the sources of virtual water import need to be further diversified to reduce supply chain risks and increase resilience.

Japan, new agenda for energy security

International Nuclear Information System (INIS)

Chrisstoffels, J.H.

2007-07-01

The author argues that the Japanese government will actively seek to strengthen security of supply. Japan has almost no domestic energy reserves. It is Asia's leading energy importer, but it faces increasing competition for resources from China and India. This has led to growing concern among Japanese policy makers. In the spring of 2007 a new Basic Energy Law was drafted that offers a strategic change of direction, away from a policy emphasis on free (energy) trade promotion and liberalisation of domestic energy markets. Japan will boost energy diplomacy towards energy producing countries and increase financial guarantees to Japanese oil and gas development companies. At the same time, Japan will raise efforts to lower its dependency on foreign oil and gas. To this end, it has set ambitious targets for further nuclear power development and the promotion of bio-trade. The author points at a multitude of complexities that may impede the success of these policies, Still, EU policy makers should be aware that Japan's energy policy has changed, driven by the conviction that markets alone cannot be relied upon to guarantee a secure supply of energy. [nl

Security of energy supply. Facts and possibilities for action

International Nuclear Information System (INIS)

Hake, Juergen-Friedrich; Rath-Nagel, Stefan

2015-01-01

The energy infrastructure of a country has a decisive influence on the standard of living there, the competitiveness of its economy and its inner political stability. In the debate about the energy transition in Germany attention is primarily being focused on the future energy mix and how it might change, but in particular on the technical challenges involved as well as the costs of the transition as a whole. Given the growing instability that will arise in the electricity networks in the process of transition, as well as the problems that could occur with the supply of natural gas as a result of the Ukraine crisis, the issue of security of energy supply in Germany (as well as Europe) needs to be addressed anew: Is the energy supply at risk? What sources are available at home and abroad, and what leeway is there for changing the procurement mix?

European approaches to changing patterns of energy consumption and supply

Energy Technology Data Exchange (ETDEWEB)

Lepetit, P. [Centre Francais sur les Etats-Unis, 75 - Paris (France)

2001-07-01

In the case of the broad debate on the security of energy supply, launched by the european commission on november 2000, this document presents the historical european facts and figures, stress the dramatic changes since 1990 and discussed the policy opinions (nuclear energy, tax policy, further progress in opening market and promoting international trade and investment). (A.L.B.)

European approaches to changing patterns of energy consumption and supply

International Nuclear Information System (INIS)

Lepetit, P.

2001-01-01

In the case of the broad debate on the security of energy supply, launched by the european commission on november 2000, this document presents the historical european facts and figures, stress the dramatic changes since 1990 and discussed the policy opinions (nuclear energy, tax policy, further progress in opening market and promoting international trade and investment). (A.L.B.)

INTERDEPENDENCE AND SECURITY OF ELECTRICITY SUPPLY OF A SMALL COUNTRY: THE CASE OF LITHUANIA

Energy Technology Data Exchange (ETDEWEB)

Juozaitis, R.; Bacauskas, A.

2007-07-01

In the report there are described the circumstances of operation of Lithuanian power system. A common plan of the Baltic power companies to build a new nuclear power plant is discussed. The report elaborates on the plans of necessary interconnections for integration of the Baltic power systems into the EU electricity market, ensuring security of supply in the Baltic region and availability to install efficient bigger capacity generation units in power stations. The experience of Lithuania demonstrates that interdependence in power sector is an advantage in maintaining security of electricity supply. (auth)

U.S. International Agricultural Trade Policy: Interests, Institutions and Information in the Corn Supply Chain

Directory of Open Access Journals (Sweden)

Laís Forti Thomaz

2016-04-01

Full Text Available The purpose of this article is to analyze the U.S. international agricultural trade policy by focusing on instruments and institutional arrangements. Policy decision-making is analyzed by means of three variables: 1 how interests are mobilized; 2 how information is disseminated; and 3 how spaces are occupied in deliberation arenas. The study refers to the corn sector and observes how the National Corn Growers Association operated to ensure subsidies and incentives for this supply chain along the elaboration of the 2002 and 2008 Farm Bills, as well as from other laws pertaining to agricultural and energy incentives. This paper provides evidences in favor of four arguments: first, empirical studies on the formulation and implementation of foreign trade policy, especially when it comes to agricultural issues, would greatly benefit with a greater attention on understanding the role domestic actors play in the decision-making processes; second, interest groups play a key role in this decision-making process; third, they provide the rationale for the formulation and implementation of the U.S. international agricultural trade policy; and, fourth, when the economic sector coordinates complex and relevant supply chains in the U.S. economy, it is hardly possible to revert the U.S. protectionist position in the Legislative branch.

Technology scale and supply chains in a secure, affordable and low carbon energy transition

International Nuclear Information System (INIS)

Hoggett, Richard

2014-01-01

Highlights: • Energy systems need to decarbonise, provide security and remain affordable. • There is uncertainty over which technologies will best enable this to happen. • A strategy to deal with uncertainty is to assess a technologies ability to show resilience, flexibility and adaptability. • Scale is important and smaller scale technologies are like to display the above characteristics. • Smaller scale technologies are therefore more likely to enable a sustainable, secure, and affordable energy transition. - Abstract: This research explores the relationship between technology scale, energy security and decarbonisation within the UK energy system. There is considerable uncertainty about how best to deliver on these goals for energy policy, but a focus on supply chains and their resilience can provide useful insights into the problems uncertainty causes. Technology scale is central to this, and through an analysis of the supply chains of nuclear power and solar photovoltaics, it is suggested that smaller scale technologies are more likely to support and enable a secure, low carbon energy transition. This is because their supply chains are less complex, show more flexibility and adaptability, and can quickly respond to changes within an energy system, and as such they are more resilient than large scale technologies. These characteristics are likely to become increasingly important in a rapidly changing energy system, and prioritising those technologies that demonstrate resilience, flexibility and adaptability will better enable a transition that is rapid, sustainable, secure and affordable

What is the place of the energy supply security and energy independence in the energy policy?

International Nuclear Information System (INIS)

2001-12-01

Since the petroleum crisis and the electric power cuts of the 1999 storm, the energy security interest is growing. The author recall the structural risks of the energy systems and the vulnerability of the occidental economies to the supply disruptions. They propose then a long term cooperation between producer and consumer countries, a development of operational tools to face the crisis and a supply security inside the europe. (A.L.B.)

Energy security: between markets and sovereign politics

Directory of Open Access Journals (Sweden)

Dudau Radu

2016-09-01

Full Text Available Energy security is a constant presence in the energy-related political discourse all over the world. States strive to secure steady inflows of needed energy supplies, as well as the price affordability of those supplies. However, what are deemed to be the best means to meet such goals depends on one’s theoretical vantage point. On the one hand, economically-minded theorists maintain that energy security is only a matter of market rules and interactions. Thus, they call upon energy markets to deliver both steady supplies and competitive prices. On the other hand, politically-minded scholars emphasize the political and hard-power nature of international energy trades, especially in a global context market by the emergence of state-centered, authoritarian regimes that use large national energy companies as foreign policy instruments. These two positions delineate competing approaches to how energy security risks ought to be managed. The former approaches energy security risks by means similar to portfolio management, requiring diversification of investments in order to insulate them from market shocks. The latter approaches energy security as a matter of foreign policy, by which states envisage interest coordination and favorable alignments within countervailing alliances against the agent of energy security risk. The present paper goes beyond the uncontentious point that these two dimensions are complementary. It argues that, depending on the international context, a more market-driven or a more-politically driven behavior may be adequate.

Energy policy of the EU and the role of Turkey in Energy Supply Security

Directory of Open Access Journals (Sweden)

MEHTER AYKIN Sibel

2018-01-01

Full Text Available All the nations define strategies and develop policies on national and international levels to eliminate risks against energy security. The aim of this paper is to define the energy policy of the European Union and identify the potential of Turkey in securing energy supply to the European Union. To achieve this end, after explaining the policy frame of the European Union and that of Turkey in energy related matters, the existing and planned energy routes expanding from the Russian Federation, Caspian Sea and the Middle East to the European Continent are mapped, and the role assigned to Turkey as an energy hub is exemplified with reference to its accession process. It is concluded that Turkey’s membership is to enrich the European Union and contribute to its energy supply security.

Walk the Talk: How PNNL is developing a Supply Chain Security Culture

Energy Technology Data Exchange (ETDEWEB)

Hund, Gretchen [Pacific Northwest National Lab. (PNNL), Richland, WA (United States). Center for Global Security

2015-09-30

For the past decade, a team at the Pacific Northwest National Laboratory (PNNL) has engaged industry to “go beyond compliance” in controlling and securing their supply chains to ensure their goods are not diverted to nuclear weapons programs. This work has focused on dual-use industries that manufacture products that can be used in both commercial applications and in the development of a nuclear weapon. The team encourages industry to self-regulate to reduce proliferation risks. As part of that work, PNNL interviewed numerous companies about their compliance practices in order to understand their business and to build awareness around best practices to ensure security of goods and information along their supply chains. As a result, PNNL has identified seven indicators that a company can adopt as part of their commitment to nonproliferation ideals.

Walk the Talk: How PNNL is developing a Supply Chain Security Culture

International Nuclear Information System (INIS)

Hund, Gretchen

2015-01-01

For the past decade, a team at the Pacific Northwest National Laboratory (PNNL) has engaged industry to ''go beyond compliance'' in controlling and securing their supply chains to ensure their goods are not diverted to nuclear weapons programs. This work has focused on dual-use industries that manufacture products that can be used in both commercial applications and in the development of a nuclear weapon. The team encourages industry to self-regulate to reduce proliferation risks. As part of that work, PNNL interviewed numerous companies about their compliance practices in order to understand their business and to build awareness around best practices to ensure security of goods and information along their supply chains. As a result, PNNL has identified seven indicators that a company can adopt as part of their commitment to nonproliferation ideals.

Balancing ecosystem services with energy and food security - Assessing trade-offs from reservoir operation and irrigation investments in Kenya's Tana Basin

Science.gov (United States)

Hurford, A. P.; Harou, J. J.

2014-08-01

Competition for water between key economic sectors and the environment means agreeing allocations is challenging. Managing releases from the three major dams in Kenya's Tana River basin with its 4.4 million inhabitants, 567 MW of installed hydropower capacity, 33 000 ha of irrigation and ecologically important wetlands and forests is a pertinent example. This research seeks firstly to identify and help decision-makers visualise reservoir management strategies which result in the best possible (Pareto-optimal) allocation of benefits between sectors. Secondly, it seeks to show how trade-offs between achievable benefits shift with the implementation of proposed new rice, cotton and biofuel irrigation projects. To approximate the Pareto-optimal trade-offs we link a water resources management simulation model to a multi-criteria search algorithm. The decisions or "levers" of the management problem are volume-dependent release rules for the three major dams and extent of investment in new irrigation schemes. These decisions are optimised for eight objectives covering the provision of water supply and irrigation, energy generation and maintenance of ecosystem services. Trade-off plots allow decision-makers to assess multi-reservoir rule-sets and irrigation investment options by visualising their impacts on different beneficiaries. Results quantify how economic gains from proposed irrigation schemes trade-off against the disturbance of ecosystems and local livelihoods that depend on them. Full implementation of the proposed schemes is shown to come at a high environmental and social cost. The clarity and comprehensiveness of "best-case" trade-off analysis is a useful vantage point from which to tackle the interdependence and complexity of "water-energy-food nexus" resource security issues.

The significance of interconnector counter-trading in a security constrained electricity market

International Nuclear Information System (INIS)

Higgins, P.; Li, K.; Devlin, J.; Foley, A.M.

2015-01-01

Throughout the European Union there is an increasing amount of wind generation being dispatched-down due to the binding of power system operating constraints from high levels of wind generation. This paper examines the impact a system non-synchronous penetration limit has on the dispatch-down of wind and quantifies the significance of interconnector counter-trading to the priority dispatching of wind power. A fully coupled economic dispatch and security constrained unit commitment model of the Single Electricity Market of the Republic of Ireland and Northern Ireland and the British Electricity Trading and Transmission Arrangement was used in this study. The key finding was interconnector counter-trading reduces the impact the system non-synchronous penetration limit has on the dispatch-down of wind. The capability to counter-trade on the interconnectors and an increase in system non-synchronous penetration limit from 50% to 55% reduces the dispatch-down of wind by 311 GW h and decreases total electricity payments to the consumer by €1.72/MW h. In terms of the European Union electricity market integration, the results show the importance of developing individual electricity markets that allow system operators to counter-trade on interconnectors to ensure the priority dispatch of the increasing levels of wind generation. - Highlights: • Interconnector counter-trading reduces the system marginal price in the SEM. • Dispatch-down of wind power is reduced due to interconnector counter-trading. • A 5% increase in the SNSP limit can reduce wind power dispatched-down by 50%. • An increase in the SNSP limit and installed wind capacity reduces the SMP.

Electricity and long term supply security. Search for power market respectful legal instruments

International Nuclear Information System (INIS)

Finon, D.; Pignon, V.

2006-01-01

This paper, also published in 'ISMEA Economie et Societe' Journal (Energy series 2006, no.10), deals with theoretical aspects of long term electricity supply security. Market prices and contractual arrangements on the physical and financial electricity markets do not allow to create sufficient incentives to invest in adequate capacity for guaranteeing the appropriate level of supply in every circumstance. The long term security of supply by capacity adequacy must be conceptualized as a collective good. Alternative solutions to reach capacity adequacy which have been adopted in different markets are successively considered: public procurement of strategic reserves, capacity payment, capacity obligation with exchangeable rights. Each one presents theoretical limits and practical drawbacks when implemented in complex markets. That brings out the interest of mechanism of centralized auctions for forward capacity contracts (or reliability options); it combines controls by quantity and by price while stabilizing investment in peak power plants and is compatible with energy and reserves markets, that is not the case of the three other instruments. (authors)

An innovative cross-sectoral method for implementation of trade-off adaptation strategy assessment under climate change

Science.gov (United States)

Tsao, Jung-Hsuan; Tung, Ching-Pin; Liu, Tzu-Ming

2014-05-01

Climate change will increase sharp risks to the water and food supply in coming decades. Although impact assessment and adaptation evaluation has been discussed a lot in recent years, the importance of adaptation implement should not be ignored. In Taiwan, and elsewhere, fallow is an option of adaptation strategy under climate change. Fallow would improve the water scarcity of domestic use, but the food security might be threatened. The trade-off effects of adaptation actions are just like the side effects of medicine which cannot be avoided. Thus, managing water resources with an integrated approach will be urgent. This study aims to establish a cross-sectoral framework for implementation the trade-off adaptation strategy. Not only fallow, but also other trade-off strategy like increasing the percentage of national grain self-sufficiency would be analyzed by a rational decision process. The recent percentage of grain self-sufficiency in Taiwan is around 32, which was decreasing from 53 thirty years ago. Yet, the goal of increasing grain self-sufficiency means much more water must be used in agriculture. In that way, domestic users may face the water shortage situation. Considering the conflicts between water supply and food security, the concepts from integrative negotiation are appropriate to apply. The implementation of trade-off adaptation strategies needs to start by quantifying the utility of water supply and food security were be quantified. Next, each side's bottom line can be found by BATNA (Best Alternative to a Negotiated Agreement) and ZOPA (Zone of Possible Agreement). ZOPA provides the entire possible outcomes, and BATNA ensures the efficiency of adaptation actions by moving along with Pareto frontier. Therefore, the optimal percentage of fallow and grain self-sufficiency can be determined. Furthermore, BATNA also provides the pathway step by step which can be a guideline of adaptation strategies. This framework allows analysts and stakeholder to

Bottleneck management in the German and European electricity supply

International Nuclear Information System (INIS)

Koenig, Carsten

2013-01-01

This publication describes how bottlenecks in the German and European electricity supply pose a danger to the realization of the European internal market in electricity, the transition to electricity production from renewable resources and to the safeguarding of grid availability and security of supply. Bottlenecks at cross-border interconnectors between member states of the European Union are hampering cross-border trade in electricity, posing an impediment to EU-wide competition among electricity production and electricity trading companies. Grid bottlenecks at cross-border interconnectors isolate national markets from one another, with the result that it is not always possible in the European Union to have the most competitive power plant produce electricity. This amounts to a loss of welfare compared with what it would be in the case of an electricity supply without bottlenecks. Furthermore, bottlenecks make it impossible for green electricity that would be eligible for promotion for reasons of climate and environmental protection to be transmitted unimpeded from the most suitable site to the consumer regions. Thus the transmission of electricity produced from wind power in Northern Germany to the industrial centres in Southern Germany is impeded by bottlenecks along the north-south lines of the national transmission network. Today some of the German electricity supply networks already have to be operated near the limits of their capacity, especially during high wind episodes. This poses a growing danger to network availability and security of supply. Since the installation, expansion and conversion of electricity supply networks in Germany and other member states of the European Union is no longer progressing at the required speed, growing importance attaches to the management of bottlenecks. The goal of bottleneck management is to resolve conflicts over network use such as can occur in overload situations with as little discrimination and as little

The international trade of nuclear power plants: the supply side - 5006

International Nuclear Information System (INIS)

Leveque, F.

2015-01-01

The international trade of nuclear power plants is usually studied from a demand perspective. Which new countries are willing to access to this technology? How the Fukushima Daiichi catastrophe has changed the market forecasts? What risks of proliferation new entrants entail? This paper takes an opposite direction. It looks at the structure and the organising of the supply side. Which countries are the major exporters? How their ranking has changed? Is the nuclear export industry becoming a global industry? Part 1 provides a short description of the worldwide market. Surprisingly, its size is modest and the US only plays a minor role. This part also provides a view on the relationship between domestic and export markets. Part 2 discusses the industrial organization of the nuclear industry. It compares the nuclear industry with the armament industry and the oil and gas supplies and services. Part 3 concludes in analysing the conditions nuclear industry could become a global industry. (author)

Addressing the supply security of the nuclear fuel cycle: a US merchant generator risk acceptance perspective

International Nuclear Information System (INIS)

Jordan, R. P.; Benavides, P.A.

2006-01-01

With the current rising markets across the nuclear fuel supply spectrum, understanding and managing nuclear fuel cycle supply security risk becomes an increasingly important consideration. In addressing this area, Constellation Energy is implementing an integrated multifaceted approach as consistent with a comprehensive risk profile covering the nuclear fuel supply industry. This approach is founded on use of a utility traditional procurement strategy, as dependent on the qualitative parameters of supply origination diversification, geopolitical stability, contracting duration and individual supplier financial bases. However, Constellation also adds an additional consideration into development of this nuclear fuel supply risk profile. To do such, qualitative assessments covering specific supplier risks, as based on the parameters of supplier management and organizational structure, design capacities (applicable to fabrication and enrichment only), operational history as applicable to forward-looking performance, regulatory or legal history and financial performance are also considered. Constellation overlays the risks of future availabilities, catastrophic occurrences and prices for each nuclear fuel material and service component onto a quantitative set of results. The overall focus of these assessments is the creation of a risk management perspective directed towards determining the potential loss or delay of nuclear fuel supply for our operating reactors. The conclusion of this effort is an integrated assessment of the nuclear fuel supply security as applicable to the Constellation-specific structured risk profile. Use of this assessment allows Constellation to target appropriate suppliers of interest in the marketplace and form the fundamental bases for the Constellation procurement strategy while managing risks associated with nuclear fuel cycle supply security. (authors)

Demand, supply, and trade analysis for the fifth ECE/FAO European timber trends study

International Nuclear Information System (INIS)

Baudin, A.

1996-01-01

For this study, supply is explained using prices and costs; separate supply models are estimated for export supply, and supply to domestic markets. Using this approach, elasticities can vary by market (for supply equations) and by source of supply (for demand equations). In addition, substitution behaviour in both consumption and production can be examined. For the 9 countries that are smaller markets for forest products in Europe, a model of total demand (apparent consumption) was estimated using gross domestic product and price as explanatory factors. For these countries, a time-series, cross-section approach was used to estimate elasticities; countries were grouped by per capita income. For all countries, estimated elasticities are generally consistent with those reported in previous TTS, and those reported in the scientific literature. Because trade is modeled, additional information is available regarding the outlook for European forest products consumption, and demand on European forests. Where complete data sets were available, results generally indicate that there is substitution in consumption between imports and domestic production, for most products, in most countries. In addition, import elasticities often are higher than elasticities estimated for consumption from domestic sources. Substitution between exports and domestic markets is also evident in export supply equations. 10 refs, 21 tabs

Impacts of seaborne trade on coal importing countries – Pacific market

Energy Technology Data Exchange (ETDEWEB)

NONE

2012-08-15

In recent years, there has been a convergence of international trade with traditional domestic markets. As imports continue to increase in many coal producing regions, the influence of trade on domestic markets has been twofold. Firstly, imported coal displaces domestic production and, secondly, international price trends may drive prices of what remains of the indigenous market for coal. While international trade does not provide any additional benefits in terms of reduced CO2 at coalfired power stations, importing coal provides many benefits, such as cost savings, improved coal quality, enhanced supply diversity, and often fills a gap which domestic supply is unable to fulfil. This report examines how coal markets have evolved over the decades with utilities and heavy industry moving away from their seemingly secure yet captive markets of domestic coal to procuring more supplies from the international market to satisfy the need of cost reduction and better and consistent quality of fuel product. The various factors that have led to a rise in popularity of seaborne traded coal, and the future of domestically produced coal in the Pacific market are discussed. This is in one of three reports which examine the changing trends in coal imports over the long term in three geographical regions: a global perspective, the Atlantic market and the Pacific market.

Data quality assurance in international supply chains : An application of the value cycle approach to customs reporting

NARCIS (Netherlands)

Wang, Yuxin; Hulstijn, Joris; Tan, Yao-Hua

2016-01-01

With increasing international trade and growing emphasis on security and efficiency, enhanced information and data-sharing between different stakeholders in global supply chains is required. Currently, data quality is not only problematic for traders, but also for various government agencies that

Insecurity of petroleum supplies and external effect: the case of security storage

International Nuclear Information System (INIS)

Sanchez, B.

1997-01-01

The public intervention in the domain of security of petroleum supplies is in general justified in the literature by the existence of external effects linked with the phenomenon of insecurity of supplies. This work proposes to analyse in detail the validity of this justification and its implication in terms of energy policy recommendations. The components of the insecurity cost is analyzed in the first part. Two components are retained: the macro-economical effects of insecurity and the monopsony cost. The study of the macro-economical component of insecurity uses a disequilibrium economy-type approach. On the basis of a modeling of the macro-economical effects of insecurity on a conventionalized economy, a relation is evidenced between rupture probability and level of usefulness. This model is applied to 4 European Union countries and the effects of supplies insecurity is measured for each of them. For the monopsony component of supplies insecurity, the additional cost generated by insecurity in relation with the monopsony situation is analyzed. A numerical analysis illustrates this analysis. Then, the relevance of the monopsony concept in the description of the situation of petroleum consuming economies is questioned. The analysis of the US case leads to reject the existence of a petroleum monopsony made of the USA alone and to favour the definition of a monopsony made of the IEA member countries. Then, the analysis of the insecurity cost is made using the external cost notion. This study allows to settle the status of the macro-economical component: there effectively exists a macro-economical cost of insecurity but this cost cannot be considered as external. This result is interesting because many analyses justify the public intervention using the external cost property of the macro-economical effects. On the contrary, the monopsony component can be unambiguously identified as being at the origin of a pecuniary external cost. The insecurity of supplies can be

Opening of energy markets: consequences on the missions of public utility and of security of supplies in the domain of electric power and gas

International Nuclear Information System (INIS)

2001-01-01

This conference was jointly organized by the International Energy Agency (IEA) and the French ministry of economy, finances, and industry (general direction of energy and raw materials, DGEMP). It was organized in 6 sessions dealing with: 1 - the public utility in the domain of energy: definition of the public utility missions, experience feedback about liberalized markets, public utility obligation and pricing regulation; 2 - the new US energy policy and the lessons learnt from the California crisis; 3 - the security of electric power supplies: concepts of security of supplies, opinion of operators, security of power supplies versus liberalization and investments; 4 - security of gas supplies: markets liberalization and investments, long-term contracts and security of supplies; 5 - debate: how to integrate the objectives of public utility and of security of supplies in a competing market; 6 - conclusions. This document brings together the available talks and transparencies presented at the conference. (J.S.)

Natural-gas supply-and-demand problems

International Nuclear Information System (INIS)

Hatamian, H.

1998-01-01

World natural-gas consumption quadrupled in the 30 years from 1966 to 1996, and natural gas now provides 22% of the total world energy demand. The security of natural-gas supply is paramount and rests with the suppliers and the consumers. This paper gives an overview of world natural-gas supply and demand and examines the main supply problems. The most important nonpredictable variables in natural-gas supply are worldwide gas price and political stability, particularly in regions with high reserves. Other important considerations are the cost of development/processing and the transport of natural gas to market, which can be difficult to maintain if pipelines pass through areas of political instability. Another problem is that many countries lack the infrastructure and capital for effective development of their natural-gas industry. Unlike oil, the cost of transportation of natural gas is very high, and, surprisingly, only approximately 16% of the total world production currently is traded internationally

Food security for infants and young children: an opportunity for breastfeeding policy?

Science.gov (United States)

Salmon, Libby

2015-01-01

Increased global demand for imported breast milk substitutes (infant formula, follow-on formula and toddler milks) in Asia, particularly China, and food safety recalls have led to shortages of these products in high income countries. At the same time, commodification and trade of expressed breast milk have fuelled debate about its regulation, cost and distribution. In many economies suboptimal rates of breastfeeding continue to be perpetuated, at least partially, because of a failure to recognise the time, labour and opportunity costs of breast milk production. To date, these issues have not figured prominently in discussions of food security. Policy responses have been piecemeal and reveal conflicts between promotion and protection of breastfeeding and a deregulated trade environment that facilitates the marketing and consumption of breast milk substitutes. The elements of food security are the availability, accessibility, utilization and stability of supply of nutritionally appropriate and acceptable quantities of food. These concepts have been applied to food sources for infants and young children: breastfeeding, shared breast milk and breast milk substitutes, in accordance with World Health Organization (WHO)/United Nations Children's Fund (UNICEF) guidelines on infant feeding. A preliminary analysis indicates that a food security framework may be used to respond appropriately to the human rights, ethical, economic and environmental sustainability issues that affect the supply and affordability of different infant foods. Food security for infants and young children is not possible without high rates of breastfeeding. Existing international and national instruments to protect, promote and support breastfeeding have not been implemented on a wide scale globally. These instruments need review to take into account the emerging trade environment that includes use of the internet, breast milk markets and globalised supply chains for breast milk substitutes. New

Security of Europe's energy supply. Russia's role

International Nuclear Information System (INIS)

Goffaux, P.

1994-01-01

A conference on ''Europe's Energy supplies by Russia'', has been organised march 17th 1994 by the Energy and Raw Materials Geopolitics Centre and the Moscow Energy Club, with participation of the World Energy Council. The round-table on petrol outlined the Eastern Europe dependency and the skepticism of western petroleum companies concerning Russian's deposits. The round table on gas outlined the importance of Russian's gas deposits and the development of its european exportations. The round table on nuclear power stated the heavy costs of security improvements, and argued for the taking off, after year 2000, of a new generation of reactors jointly designed by western and russian engineers. (D.L.). 4 figs., 1 tab

电子商务安全体系结构%Security Architecture for Electronic Commerce

Institute of Scientific and Technical Information of China (English)

张峰; 秦志光; 刘锦德; 张险峰

2002-01-01

Electronic commerce operates relying on the open Internet. Security architecture for e-commerce becomes the key point to its use prosperously. A finite automation of typical e-commerce model is presented in this paper. The finite automation simulates typical trade system, describes its states transition and supplies a theory basis for designing security architecture for e-commerce. Then security threats and corresponding solutions to the model are discussed. Finally, the security architecture for e-commerce is given. All of them are used as basis for further e-commerce security research.

76 FR 33803 - Order of Suspension of Trading

Science.gov (United States)

2011-06-09

... SECURITIES AND EXCHANGE COMMISSION [File No. 500-1] Order of Suspension of Trading June 7, 2011... trading in the securities of the above-listed companies. Therefore, it is ordered, pursuant to Section 12(k) of the Securities Exchange Act of 1934, that trading in the securities of the above-listed...

Nutrition security under extreme events

Science.gov (United States)

Martinez, A.

2017-12-01

Nutrition security under extreme events. Zero hunger being one of the Sustainable Development Goal from the United Nations, food security has become a trending research topic. However extreme events impact on global food security is not yet 100% understood and there is a lack of comprehension of the underlying mechanisms of global food trade and nutrition security to improve countries resilience to extreme events. In a globalized world, food is still a highly regulated commodity and a strategic resource. A drought happening in a net food-exporter will have little to no effect on its own population but the repercussion on net food-importers can be extreme. In this project, we propose a methodology to describe and quantify the impact of a local drought to human health at a global scale. For this purpose, nutrition supply and global trade data from FAOSTAT have been used with domestic food production from national agencies and FAOSTAT, global precipitation from the Climate Research Unit and health data from the World Health Organization. A modified Herfindahl-Hirschman Index (HHI) has been developed to measure the level of resilience of one country to a drought happening in another country. This index describes how a country is dependent of importation and how diverse are its importation. Losses of production and exportation due to extreme events have been calculated using yield data and a simple food balance at country scale. Results show that countries the most affected by global droughts are the one with the highest dependency to one exporting country. Changes induced by droughts also disturbed their domestic proteins, fat and calories supply resulting most of the time in a higher intake of calories or fat over proteins.

Investments secure supply security

International Nuclear Information System (INIS)

Van Baarle, D.

2006-01-01

In order to guarantee the supply of energy considerable investment must be made to improve the infrastructure (e.g. capacity for LNG-transport and -storage) and ties with the natural gas supplier in the Russian Federation must be intensified [nl

Security of energy supply under the laws of the European Union / European Community; Energieversorgungssicherheit im Recht der Europaeischen Union, Europaeischen Gemeinschaft

Energy Technology Data Exchange (ETDEWEB)

Proefrock, M.C.

2007-07-01

Security of supply is defined as the availability and reliability of energy supply at acceptable prices. By security of energy supply we mean a globally large supply of reliable, affordable, clean energy. By virtue of its nature security of supply in the energy sector primarily requires making provisions for the future through exploration, innovation, research, diversification and investments in technology. Energy politics takes place in a tension field defined by the goals of economic efficiency, sustainability and security of supply. In the past there have been repeated shifts within this triad of goals. The task for a rational energy policy is to reconciliate these goals in a meaningful way. European energy policy is understood to comprise all sovereign measures taken by the European Union in the energy sector, in particular measures that impact on the supply and demand for energy resources. Energy law serves, or should serve, to bring energy policy to realisation and therefore presupposes the existence of the latter. Energy policy means the figuration of an economy's energy sector in such a manner that the present and future demand of the economic region is covered.

Impact of the North American Free Trade Agreement on high-fructose corn syrup supply in Canada: a natural experiment using synthetic control methods.

Science.gov (United States)

Barlow, Pepita; McKee, Martin; Basu, Sanjay; Stuckler, David

2017-07-04

Critics of free trade agreements have argued that they threaten public health, as they eliminate barriers to trade in potentially harmful products, such as sugar. Here we analyze the North American Free Trade Agreement (NAFTA), testing the hypothesis that lowering tariffs on food and beverage syrups that contain high-fructose corn syrup (HFCS) increased its use in foods consumed in Canada. We used supply data from the Food and Agriculture Organization of the United Nations to assess changes in supply of caloric sweeteners including HFCS after NAFTA. We estimate the impact of NAFTA on supply of HFCS in Canada using an innovative, quasi-experimental methodology - synthetic control methods - that creates a control group with which to compare Canada's outcomes. Additional robustness tests were performed for sample, control groups and model specification. Tariff reductions in NAFTA coincided with a 41.6 (95% confidence interval 25.1 to 58.2) kilocalorie per capita daily increase in the supply of caloric sweeteners including HFCS. This change was not observed in the control groups, including Australia and the United Kingdom, as well as a composite control of 16 countries. Results were robust to placebo tests and additional sensitivity analyses. NAFTA was strongly associated with a marked rise in HFCS supply and likely consumption in Canada. Our study provides evidence that even a seemingly modest change to product tariffs in free trade agreements can substantially alter population-wide dietary behaviour and exposure to risk factors. © 2017 Canadian Medical Association or its licensors.

Speaker's presentations. Energy supply security; Recueil des interventions. Securite d'approvisionnement energetique

Energy Technology Data Exchange (ETDEWEB)

Pierret, Ch

2000-07-01

This document is a collection of most of the papers used by the speakers of the European Seminar on Energy Supply Security organised in Paris (at the French Ministry of Economy, Finance and Industry) on 24 November 2000 by the General Direction of Energy and Raw Materials, in co-operation with the European Commission and the French Planning Office. About 250 attendees were present, including a lot of high level Civil Servants from the 15 European State members, and their questions have allowed to create a rich debate. It took place five days before the publication, on 29 November 2000, by the European Commission, of the Green Paper 'Towards a European Strategy for the Security of Energy Supply'. This French initiative, which took place within the framework of the European Presidency of the European Union, during the second half-year 2000. will bring a first impetus to the brainstorming launched by the Commission. (author)

Present state and problems of the measures for securing stable supply of uranium resources

International Nuclear Information System (INIS)

Yoneda, Fumishige

1982-01-01

The long-term stable supply of uranium resources must be secured in order to accelerate the development and utilization of nuclear power in Japan. All uranium required in Japan is imported from foreign countries, and depends on small number of suppliers. On the use of uranium, various restrictions have been imposed by bilateral agreements from the viewpoint of nuclear non-proliferation policy. At present, the demand-supply relation in uranium market is not stringent, but in the latter half of 1980s, it is feared that it will be stringent. The prospect of the demand and supply of uranium resources, the state of securing uranium resources, the present policy on uranium resources, the necessity of establishing the new policy, and the active promotion of uranium resource measures are described. The measures to be taken are the promotion of exploration and development of mines, the participation in the management of such foreign projects, the promotion of diversifying the supply sources, the establishment of the structure to accept uranium resources, the promotion of the storage of uranium, and the rearrangement of general coordination and promotion functions for uranium resource procurement. (Kako, I.)

China's energy security: The perspective of energy users

International Nuclear Information System (INIS)

Bambawale, Malavika Jain; Sovacool, Benjamin K.

2011-01-01

The article explores the energy security concerns faced by China from the point of view of energy users working in government, university, civil society and business sectors. The authors first derive a set of seven hypotheses related to Chinese energy security drawn from a review of the recent academic literature. We then explain each of these seven hypotheses, relating to (1) security of energy supply, (2) geopolitics, (3) climate change, (4) decentralization, (5) energy efficiency, (6) research and innovation of new energy technologies, and (7) self sufficiency and trade. Lastly, the article tests these hypotheses through a survey distributed in English and Mandarin completed by 312 Chinese participants. The conclusion presents insights for policymakers and energy scholars.

A trade-based method for modelling supply markets in consequential LCA exemplified with Portland cement and bananas

DEFF Research Database (Denmark)

Sacchi, Romain

2017-01-01

This study proposes a method based on the analysis of trade networks over time for modelling the marginal supply of products in consequential life cycle assessment (LCA). It aims at increasing the geographical granularity of markets, accuracy of transport distances and modes and material losses d...

Security of supply during the energy transition : The role of capacity mechanisms

NARCIS (Netherlands)

Bhagwat, P.C.

2016-01-01

The push for clean energy has caused a rapid growth of renewables in the electricity supply mix of the EU. Although one would assume that the impact of these technologies is entirely positive, recent research and experience indicate that there is reason for concern namely regarding the security of

Increasing homogeneity in global food supplies and the implications for food security

NARCIS (Netherlands)

Khoury, C.K.; Bjorkman, A.D.; Dempewolf, H.; Ramirez-Villegas, J.; Guarino, L.; Jarvis, A.; Rieseberg, L.H.; Struik, P.C.

2014-01-01

The narrowing of diversity in crop species contributing to the world’s food supplies has been considered a potential threat to food security. However, changes in this diversity have not been quantified globally. We assess trends over the past 50 y in the richness, abundance, and composition of crop

Exploring propositions about perceptions of energy security: An international survey

International Nuclear Information System (INIS)

Sovacool, Benjamin K.; Valentine, Scott Victor; Jain Bambawale, Malavika; Brown, Marilyn A.; Fátima Cardoso, Terezinha de; Nurbek, Sayasat; Suleimenova, Gulimzhan; Li Jinke; Xu Yang; Jain, Anil; Alhajji, A.F.; Zubiri, Andrew

2012-01-01

This study investigates how energy users from government, industry, civil society, and academia perceive of energy security challenges. It also analyzes how demographic characteristics influence such perceptions, and how geography, economic structure, modes of domestic energy production, and culture shape energy security priorities. Its primary source of data is a four-part survey distributed in seven languages (English, Mandarin, Portuguese, Russian, Arabic, German, and Japanese) to 2167 respondents in Brazil, China, Germany, India, Kazakhstan, Japan, Papua New Guinea, Saudi Arabia, Singapore, and the United States. These countries were selected because they represent a mix of urban and rural populations, developed and developing economies, import- and export-oriented energy trading flows, communist and capitalist societies, liberalized and state-owned energy markets, and small and large geographic sizes. The survey results are used to test four propositions about energy security related to the education, age, occupation, and gender of respondents, as well five propositions about national energy priorities and the interconnected attributes of security of supply, energy efficiency, energy research and development, energy trade, diversification and decentralization, affordability, environmental quality, climate change, and energy governance.

The modern way of trading with options such derivative securities

Directory of Open Access Journals (Sweden)

Dragosavac Miloš

2013-01-01

Full Text Available Participants in the financial markets today are faced with a number of financial risks. This raises the question, what measures and instruments should be used, to minimize the risks to the lowest extent possible. One form of protection options are. Options are derivative securities, namely financial derivatives, which can be used to protect against the risks associated with trading. The reason for the earnings at risk. It is usually used to hedge price risk, which is the word of possession and the right to sell the right to purchase certain assets at a predetermined fixed price that applies to a specific date in the future. In this way a protection against adverse price changes in the future. As their name implies, is a selection of options, where the owner decides whether the option will be exercised or not. That choice is not free, because in case of insurance premiums paid by commission from potential financial risk. Many of the securities issued by the company include the option.

Cryptographic Combinatorial Securities Exchanges

Science.gov (United States)

Thorpe, Christopher; Parkes, David C.

We present a useful new mechanism that facilitates the atomic exchange of many large baskets of securities in a combinatorial exchange. Cryptography prevents information about the securities in the baskets from being exploited, enhancing trust. Our exchange offers institutions who wish to trade large positions a new alternative to existing methods of block trading: they can reduce transaction costs by taking advantage of other institutions’ available liquidity, while third party liquidity providers guarantee execution—preserving their desired portfolio composition at all times. In our exchange, institutions submit encrypted orders which are crossed, leaving a “remainder”. The exchange proves facts about the portfolio risk of this remainder to third party liquidity providers without revealing the securities in the remainder, the knowledge of which could also be exploited. The third parties learn either (depending on the setting) the portfolio risk parameters of the remainder itself, or how their own portfolio risk would change if they were to incorporate the remainder into a portfolio they submit. In one setting, these third parties submit bids on the commission, and the winner supplies necessary liquidity for the entire exchange to clear. This guaranteed clearing, coupled with external price discovery from the primary markets for the securities, sidesteps difficult combinatorial optimization problems. This latter method of proving how taking on the remainder would change risk parameters of one’s own portfolio, without revealing the remainder’s contents or its own risk parameters, is a useful protocol of independent interest.

Climate-derived tensions in Arctic security.

Energy Technology Data Exchange (ETDEWEB)

Backus, George A.; Strickland, James Hassler

2008-09-01

Globally, there is no lack of security threats. Many of them demand priority engagement and there can never be adequate resources to address all threats. In this context, climate is just another aspect of global security and the Arctic just another region. In light of physical and budgetary constraints, new security needs must be integrated and prioritized with existing ones. This discussion approaches the security impacts of climate from that perspective, starting with the broad security picture and establishing how climate may affect it. This method provides a different view from one that starts with climate and projects it, in isolation, as the source of a hypothetical security burden. That said, the Arctic does appear to present high-priority security challenges. Uncertainty in the timing of an ice-free Arctic affects how quickly it will become a security priority. Uncertainty in the emergent extreme and variable weather conditions will determine the difficulty (cost) of maintaining adequate security (order) in the area. The resolution of sovereignty boundaries affects the ability to enforce security measures, and the U.S. will most probably need a military presence to back-up negotiated sovereignty agreements. Without additional global warming, technology already allows the Arctic to become a strategic link in the global supply chain, possibly with northern Russia as its main hub. Additionally, the multinational corporations reaping the economic bounty may affect security tensions more than nation-states themselves. Countries will depend ever more heavily on the global supply chains. China has particular needs to protect its trade flows. In matters of security, nation-state and multinational-corporate interests will become heavily intertwined.

Energy planning and security of supply in Spain and their compliance with the European legal framework

International Nuclear Information System (INIS)

Dolader, J.

2004-01-01

The electricity and gas markets in Spain were liberalized by the 1997 Electricity Act and the 1998 Hydrocarbons Act, respectively. The final step of the liberalization process was completed in January 2003 with the full eligibility of Spanish electricity and gas consumers. The liberalization Acts include in addition a two-way long-term energy planning process within a ten-year time scope. On the one hand the planning process involves binding planning concerning the so called 'basic infrastructures' (which include the electricity and gas transmission networks plus the total re-gasification capacity), and on the other hand, an indicative energy planning aimed at facilitating the decision making of administrations and agents by forecasting energy demand, and analyzing its coverage under the premises of security of supply. The present paper describes the current energy planning system in Spain, the provisions to ensure the security of supply and their compliance with the new European legislation - both the proposed and the existent one - regarding the security of supply in the EU.(author)

Developing a Comprehensive Approach Could Help DOD Better Manage National Security Risks in the Supply Chain

Science.gov (United States)

2016-02-01

supply chains for rare earths.20 According to Industrial Analysis Center officials, only 10 percent of surveys sent to prime contractors for 79...the Supply Chain Report to Congressional Committees February 2016 GAO-16-161 United States Government Accountability Office United...Developing a Comprehensive Approach Could Help DOD Better Manage National Security Risks in the Supply Chain Why GAO Did This Study DOD depends on

Multiple energy supply risks, optimal reserves, and optimal domestic production capacities

International Nuclear Information System (INIS)

Zweifel, P.; Ferrari, M.

1992-01-01

This study starts from the observation that today's Western trading nations are exposed to multiple risks of energy supplies, e.g. simultaneous shortage of oil and electricity supplies. To cope with these risks, oil can be stockpiled as well as domestic capacity for power production built up. Adopting the viewpoint of a policy maker who aims at minimizing the expected cost of security of supply, optimal simultaneous adjustments of oil stocks and electric production capacities to exogenous changes such as economic growth are derived. Against this benchmark, one-dimensional rules such as 'oil reserves for 90 days' turn out to be not only suboptimal but also to foster adjustments that exacerbate suboptimality. 9 refs., 1 tabs

Food supply reliance on groundwater

Science.gov (United States)

Dalin, Carole; Puma, Michael; Wada, Yoshihide; Kastner, Thomas

2016-04-01

Water resources, essential to sustain human life, livelihoods and ecosystems, are under increasing pressure from population growth, socio-economic development and global climate change. As the largest freshwater resource on Earth, groundwater is key for human development and food security. Yet, excessive abstraction of groundwater for irrigation, driven by an increasing demand for food in recent decades, is leading to fast exhaustion of groundwater reserves in major agricultural areas of the world. Some of the highest depletion rates are observed in Pakistan, India, California Central Valley and the North China Plain aquifers. In addition, the growing economy and population of several countries, such as India and China, makes prospects of future available water and food worrisome. In this context, it is becoming particularly challenging to sustainably feed the world population, without exhausting our water resources. Besides, food production and consumption across the globe have become increasingly interconnected, with many areas' agricultural production destined to remote consumers. In this globalisation era, trade is crucial to the world's food system. As a transfer of water-intensive goods, across regions with varying levels of water productivity, food trade can save significant volumes of water resources globally. This situation makes it essential to address the issue of groundwater overuse for global food supply, accounting for international food trade. To do so, we quantify the current, global use of non-renewable groundwater for major crops, accounting for various water productivity and trade flows. This will highlight areas requiring quickest attention, exposing major exporters and importers of non-renewable groundwater, and thus help explore solutions to improve the sustainability of global food supply.

Foreign research reactor uranium supply program: The Y-12 national security complex process

International Nuclear Information System (INIS)

Nelson, T.; Eddy, B.G.

2010-01-01

The Foreign Research Reactor (FRR) Uranium Supply Program at the Y-12 National Security Complex supports the nonproliferation objectives of the HEU Disposition Program, the Reduced Enrichment Research and Test Reactors (RERTR) Program, and the United States FRR Spent Nuclear Fuel (SNF) Acceptance Program. The Y-12 National Nuclear Security Administration (NNSA) Y-12 Site Office maintains the prime contracts with foreign governments for the supply of Low-Enriched Uranium (LEU) for their research reactors. The LEU is produced by down blending Highly Enriched Uranium (HEU) that has been declared surplus to the U.S. national defense needs. The down blending and sale of the LEU supports the Surplus HEU Disposition Program Record of Decision to make the HEU non-weapons usable and to recover the economic value of the uranium to the extent feasible. This program supports the important U.S. government and nuclear nonproliferation commitment to serve as a reliable and cost-effective uranium supplier for those foreign research reactors that are converting or have converted to LEU fuel under the guidance of the NNSA RERTR Program. In conjunction with the FRR SNF Acceptance Program which supports the global nonproliferation efforts to disposition U.S.-origin HEU, the Y-12 FRR Uranium Supply Program can provide the LEU for the replacement fuel fabrication. In addition to feedstock for fuel fabrication, Y-12 supplies LEU for target fabrication for medical isotope production. The Y-12 process uses supply forecasting tools, production improvements and efficient delivery preparations to successfully support the global research reactor community

Trade Agreements PTI

Data.gov (United States)

Department of Homeland Security — The objective of the Trade Agreements PTI is to advance CBP’s mission by working with internal and external stakeholders to facilitate legitimate trade and address...

Competition and trade in Australian gas markets

International Nuclear Information System (INIS)

Holmes, Leanne; Mander, Sally

1993-01-01

Although Australia has large gas reserves, the bulk of reserves (about 80 per cent) are located on the North West Shelf, off Western Australia. On the other had, the major demand centres are located in the south east of the country. The relative scarcity of proven gas reserves close to major markets has meant that governments in the state and territories with reserves have a strong vested interest in the future use of the gas. Equally, governments in states and territories that do not have gas reserves are interested in securing future supplies. The scope for increasing competition and trade in Australian gas markets depends on a number of features of the industry. These include: the characteristics of the resource, the structure of supply including the presence of natural monopolies, the nature and extent of upstream or downstream integration of firms and the presence of long term contracts - the characteristics of gas demand, and the regulatory and policy framework. The main purpose in this article is to review the economic factors driving natural gas markets in Australia, highlighting the factors influencing competition and trade. Against this background, some options for reform are also examined. 30 refs., 6 figs

Households' willingness to pay for safeguarding security of natural gas supply in electricity generation

International Nuclear Information System (INIS)

Damigos, D.; Tourkolias, C.; Diakoulaki, D.

2009-01-01

Security of energy supply is a major issue for all EU Member States due to Europe's increasing dependence on imported fossil-fuel sources and the continuous rise in energy demand. The latter is of particular importance in electricity sector given the continuously increasing use of gas for electricity generation. In order to properly tackle with the problem, concerted actions are required by the EU Member States in several levels, i.e. legislative, political, etc. Nevertheless, these actions will come at an additional cost paid by the society either through increased electricity bills or through public financing for energy security investments. Thus, such policies should be justified on the basis of cost-benefit analysis. Towards this direction, it may be necessary to take into account non-market costs and benefits, i.e. the value that consumers place on interruptions avoided. In order to explore households' perceptions and willingness to pay for securing gas supply for electricity production, an empirical study was conducted by means of the contingent valuation method. The results indicate that consumers are willing to pay a premium on their electricity bills in order to internalize the external costs of electricity production, in terms of energy security, which are caused from imported fuels. (author)

Rationales for capacity remuneration mechanisms: Security of supply externalities and asymmetric investment incentives

International Nuclear Information System (INIS)

Keppler, Jan Horst

2017-01-01

Economics so far provides little conceptual guidance on capacity remuneration mechanisms (CRM) in deregulated electricity markets. Ubiquitous in real-world electricity markets, CRMs are introduced country by country in an ad hoc manner, lacking the theoretical legitimacy and the conceptual coherence enabling comparability and coordination. They are eyed with suspicion by a profession wedded to a theoretical benchmark model that argues that competitive energy-only markets with VOLL pricing provide adequate levels of capacity. While the benchmark model is a consistent starting point for discussions about electricity market design, it ignores the two market failures that make CRMs the practically appropriate and theoretically justified policy response to capacity issues. First, energy-only markets fail to internalize security-of-supply externalities as involuntary curbs on demand under scarcity pricing generate social costs beyond the private non-consumption of electricity. Second, when demand is inelastic and the potential capacity additions are discretely sized, investors face asymmetric incentives and will underinvest at the margin rather than overinvest. After presenting the key features of the theoretical benchmark model, this paper conceptualizes security of supply externalities and asymmetric investment incentives and concludes with some consideration regarding design of CRMs. - Highlights: • Capacity remuneration mechanisms are ubiquitous in real-world electricity markets. • Theory claims that energy-only markets can provide optimal capacity on their own. • However theory fails to account for two types of market failures. • Involuntary demand curbs under VOLL-pricing create security-of-supply externalities. • With inelastic demand, discretely sized capacity options lead to underinvestment.

17 CFR 240.12d2-1 - Suspension of trading.

Science.gov (United States)

2010-04-01

... 17 Commodity and Securities Exchanges 3 2010-04-01 2010-04-01 false Suspension of trading. 240... Securities Exchange Act of 1934 Suspension of Trading, Withdrawal, and Striking from Listing and Registration § 240.12d2-1 Suspension of trading. (a) A national securities exchange may suspend from trading a...

The Y-12 National Security Complex Foreign Research Reactor Uranium Supply Production

Energy Technology Data Exchange (ETDEWEB)

Nelson, T. [Nuclear Technology and Nonproliferation Programs, B and W Y-12, L.L.C., Y-12 National Security Complex, Oak Ridge, Tennessee (United States); Keller, A.P. [Disposition and Supply Programs, B and W Y-12, L.L.C., Y-12 National Security Complex, Oak Ridge, Tennessee (United States)

2011-07-01

The Foreign Research Reactor (FRR) Uranium Supply Program at the Y-12 National Security Complex supports the nonproliferation objectives of the National Nuclear Security Administration (NNSA) HEU Disposition, the Reduced Enrichment Research and Test Reactors (RERTR), and the United States (U.S.) FRR Spent Nuclear Fuel (SNF) Acceptance Programs. The FRR Supply Program supports the important U.S. government nuclear nonproliferation commitment to serve as a reliable and cost-effective uranium supplier for those foreign research reactors that are converting or have converted to Low-Enriched Uranium (LEU) fuel under the RERTR Program. The NNSA Y-12 Site Office maintains the prime contracts with foreign government agencies for the supply of LEU for their research reactors. The LEU is produced by down blending Highly Enriched Uranium (HEU) that has been declared surplus to the U.S. national defense needs. The down blending and sale of the LEU supports the Surplus HEU Disposition Program Record of Decision to make the HEU non-weapons usable and to recover the economic value of the uranium to the extent feasible. In addition to uranium metal feedstock for fuel fabrication, Y-12 can produce LEU in different forms to support new fuel development or target fabrication for medical isotope production. With production improvements and efficient delivery preparations, Y-12 continues to successfully support the global research reactor community. (author)

77 FR 56697 - Technology and Trading Roundtable

Science.gov (United States)

2012-09-13

... SECURITIES AND EXCHANGE COMMISSION [Release No. 34-67802; File No. 4-652] Technology and Trading... Trading: Promoting Stability in Today's Markets'' to discuss ways to promote stability in markets that... Trading and Markets, Securities and Exchange Commission, 100 F Street NE., Washington, DC 20549-7010. By...

Legal basis and administrative departments for securing and guaranteeing the energy supply

International Nuclear Information System (INIS)

Besslich, W.

1979-01-01

The headline is no game with the words. It distinguishes between the securing of the supply in times of peace and the guarantee in times of defense during war which is a popular topic again and follows a linguistic term by the Bundesrat of 1915 which was kept alive up to day. (orig.) [de

Trade-offs between Energy Efficiency improvements and additional Renewable Energy supply: A review of international experiences

DEFF Research Database (Denmark)

Baldini, Mattia; Klinge Jacobsen, Henrik

improvements made in the energy saving field. Indeed, less attention has been paid to implement energy efficiency measures in energy systems modeling, which has resulted in scenarios where expedients for a wise use of energy (e.g. energy savings and renewables’ share) are unbalanced and cost......-savings opportunities are missed. The aim of this paper is to review and evaluate international experiences on finding the optimal trade-off between efficiency improvements and additional renewable energy supply. A critical review of each technique, focusing on purposes, methodology and outcomes, is provided along......-makers, informations useful for identify a suitable analysis for investigate on the optimal trade-off between renewables and energy efficiency measures in energy-systems under different objectives....

Value of Lost Load: An Efficient Economic Indicator for Power Supply Security? A Literature Review

Energy Technology Data Exchange (ETDEWEB)

Schröder, Thomas, E-mail: t.schroeder@fz-juelich.de; Kuckshinrichs, Wilhelm [Institute of Energy and Climate Research – Systems Analysis and Technology Evaluation (IEK-STE), Forschungszentrum Jülich GmbH, Jülich (Germany)

2015-12-24

Security of electricity supply has become a fundamental requirement for well-functioning modern societies. Because of its central position in all sections of society, the present paper considers the economic consequences of a power supply interruption. The value of lost load (VoLL) is a monetary indicator expressing the costs associated with an interruption of electricity supply. This paper reviews different methods for calculating VoLL, provides an overview of recently published studies, and presents suggestions to increase the explanatory power and international comparability of VoLL.

17 CFR 166.2 - Authorization to trade.

Science.gov (United States)

2010-04-01

... 17 Commodity and Securities Exchanges 1 2010-04-01 2010-04-01 false Authorization to trade. 166.2 Section 166.2 Commodity and Securities Exchanges COMMODITY FUTURES TRADING COMMISSION CUSTOMER PROTECTION RULES § 166.2 Authorization to trade. No futures commission merchant, introducing broker or any of their...

The role of Latin America's land and water resources for global food security: environmental trade-offs of future food production pathways.

Science.gov (United States)

Flachsbarth, Insa; Willaarts, Bárbara; Xie, Hua; Pitois, Gauthier; Mueller, Nathaniel D; Ringler, Claudia; Garrido, Alberto

2015-01-01

One of humanity's major challenges of the 21st century will be meeting future food demands on an increasingly resource constrained-planet. Global food production will have to rise by 70 percent between 2000 and 2050 to meet effective demand which poses major challenges to food production systems. Doing so without compromising environmental integrity is an even greater challenge. This study looks at the interdependencies between land and water resources, agricultural production and environmental outcomes in Latin America and the Caribbean (LAC), an area of growing importance in international agricultural markets. Special emphasis is given to the role of LAC's agriculture for (a) global food security and (b) environmental sustainability. We use the International Model for Policy Analysis of Agricultural Commodities and Trade (IMPACT)-a global dynamic partial equilibrium model of the agricultural sector-to run different future production scenarios, and agricultural trade regimes out to 2050, and assess changes in related environmental indicators. Results indicate that further trade liberalization is crucial for improving food security globally, but that it would also lead to more environmental pressures in some regions across Latin America. Contrasting land expansion versus more intensified agriculture shows that productivity improvements are generally superior to agricultural land expansion, from an economic and environmental point of view. Finally, our analysis shows that there are trade-offs between environmental and food security goals for all agricultural development paths.

Recent evolution of China's virtual water trade: analysis of selected crops and considerations for policy

Science.gov (United States)

Shi, J.; Liu, J.; Pinter, L.

2013-09-01

China has dramatically increased its virtual water import unconsciously for recent years. Many studies have focused on the quantity of traded virtual water but very few go into analysing geographic distribution and the properties of China's virtual water trade network. This paper provides a calculation and analysis of the crop-related virtual water trade network of China based on 27 major primary crops between 1986 and 2009. The results show that China is a net importer of virtual water from water-abundant areas of North and South America, and a net virtual water exporter to water-stressed areas of Asia, Africa, and Europe. Virtual water import is far larger than virtual water export and in both import and export a small number of trade partners control the supply chain. Grain crops are the major contributors to virtual water trade, and among grain crops soybeans, mostly imported from the US, Brazil and Argentina are the most significant. As crop yield and crop water productivity in North and South America are generally higher than those in Asia and Africa, the effect of China's crop-related virtual water trade positively contributes to optimizing crop water use efficiency at the global scale. In order to mitigate water scarcity and secure the food supply, virtual water should be actively incorporated into national water management strategies. From the national perspective, China should reduce the export and increase the import of water-intensive crops. But the sources of virtual water import need to be further diversified to reduce supply chain risks and increase resilience.

Security of energy supply: Comparing scenarios from a European perspective

International Nuclear Information System (INIS)

Costantini, V.; Markandya, A.; Vicini, G.

2007-01-01

This policy compares different results from a set of energy scenarios produced by international energy experts, in order to analyse projections on increasing European external energy dependence and vulnerability. Comparison among different scenarios constitutes the basis of a critical review of existing energy security policies, suggesting alternative or complementary future actions. According to the analysis, the main risks and negative impacts in the long term could be the increasing risk of collusion among exporters due to growing dependence of industrialized countries and insufficient diversification; and a risk of demand/supply imbalance, with consequent instability for exporting regions due to insufficient demand, and lack of infrastructures due to insufficient supply. Cooperation with exporting countries enhancing investments in production capacity, and with developing countries in order to reinforce negotiation capacity of energy-importing countries seem to be the most effective policies at international level. (author)

Security of energy supply: Comparing scenarios from a European perspective

International Nuclear Information System (INIS)

Costantini, Valeria; Gracceva, Francesco; Markandya, Anil; Vicini, Giorgio

2007-01-01

This paper compares different results from a set of energy scenarios produced by international energy experts, in order to analyse projections on increasing European external energy dependence and vulnerability. Comparison among different scenarios constitutes the basis of a critical review of existing energy security policies, suggesting alternative or complementary future actions. According to the analysis, the main risks and negative impacts in the long term could be the increasing risk of collusion among exporters due to growing dependence of industrialized countries and insufficient diversification; and a risk of demand/supply imbalance, with consequent instability for exporting regions due to insufficient demand, and lack of infrastructures due to insufficient supply. Cooperation with exporting countries enhancing investments in production capacity, and with developing countries in order to reinforce negotiation capacity of energy-importing countries seem to be the most effective policies at international level

Indicators for energy security

International Nuclear Information System (INIS)

Kruyt, Bert; Van Vuuren, D.P.; De Vries, H.J.M.; Groenenberg, H.

2009-01-01

The concept of energy security is widely used, yet there is no consensus on its precise interpretation. In this research, we have provided an overview of available indicators for long-term security of supply (SOS). We distinguished four dimensions of energy security that relate to the availability, accessibility, affordability and acceptability of energy and classified indicators for energy security according to this taxonomy. There is no one ideal indicator, as the notion of energy security is highly context dependent. Rather, applying multiple indicators leads to a broader understanding. Incorporating these indicators in model-based scenario analysis showed accelerated depletion of currently known fossil resources due to increasing global demand. Coupled with increasing spatial discrepancy between consumption and production, international trade in energy carriers is projected to have increased by 142% in 2050 compared to 2008. Oil production is projected to become increasingly concentrated in a few countries up to 2030, after which production from other regions diversifies the market. Under stringent climate policies, this diversification may not occur due to reduced demand for oil. Possible benefits of climate policy include increased fuel diversity and slower depletion of fossil resources. (author)

What scenario studies tell about security of energy supply in Europe

International Nuclear Information System (INIS)

Lako, P.; Jansen, J.C.

2001-06-01

A technical fact-finding study on security of energy supply has been performed from the European point of view and from the point of view of the Netherlands. A brief assessment is presented of fossil fuel resources. Based on data from the United States Geological Survey (USGS) and other literature, the reserves/production ratio of conventional and unconventional oil is estimated at approximately 200 years. Based on the same USGS data, the reserves/production ratio of conventional natural gas is estimated at 190 years. The unconventional gas resources are extremely large. However, environmental damage has to be prevented. The amount of recoverable resources will remain a question mark for the time being. The world's proved recoverable coal reserves amount to a reserves/production ratio of 230 years. All in all, oil remains a strategic fossil fuel, whereas the supply of natural gas seems to be more well-balanced and the supply of coal is more secure than both of oil and gas. The so-called Shared analysis project, performed by a number of research institutes in the EU, gives useful points of departure for energy policy formulation. However, the results of notably the reference scenario and to a lesser extent its variants in terms of primary energy use, CO2 emissions, and the EU's import dependence for fossil fuels have to be regarded carefully. A similar picture arises from IEA's World Energy Outlook 2000. The 'Out-look' gives due attention to OECD Europe's dependence on imported oil and gas. The share of oil imports is due to rise from 32% in 1990 to 80% in 2020. Due to a projected steady growth of gas consumption, import dependence with respect to natural gas is due to rise from 34% in 1997 to about 65% in 2020. In the scenarios developed by CPB, in collaboration with AVV, ECN, and RIVM, in 1997, the share of natural gas in total primary energy demand is projected to increase to 50-55% in all of the scenarios. In the most energy intensive scenarios, natural gas is

17 CFR 242.301 - Requirements for alternative trading systems.

Science.gov (United States)

2010-04-01

... trading systems. 242.301 Section 242.301 Commodity and Securities Exchanges SECURITIES AND EXCHANGE... FUTURES Regulation Ats-Alternative Trading Systems § 242.301 Requirements for alternative trading systems. (a) Scope of section. An alternative trading system shall comply with the requirements in paragraph...

Trade credit supply, market power and the matching of trade credit terms

NARCIS (Netherlands)

Fabbri, D.; Klapper, L.F.

2008-01-01

This paper studies the decision of firms to extend trade credit to customers and its relation with their financing decisions. We use a novel firm-level database with unique information on market power in both output and input markets and on the amount, terms and payment history of trade credit

Optimal trade-offs between energy efficiency improvements and additional renewable energy supply: A review of international experiences

DEFF Research Database (Denmark)

Baldini, Mattia; Klinge Jacobsen, Henrik

2016-01-01

the improvements made in the energy saving field. Indeed, little attention has been paid to implement energy efficiency measures, which has resulted in scenarios where expedients for a wise use of energy (e.g. energy savings and renewables share) are unbalanced. The aim of this paper is to review and evaluate...... international experiences on finding the optimal trade-off between efficiency improvements and additional renewable energy supply. A critical review of each technique, focusing on purposes, methodology and outcomes, is provided along with a review of tools adopted for the analyses. The models are categorized...... trade-off between renewables and energy efficiency measures in energy-systems under different objectives....

17 CFR 155.4 - Trading standards for introducing brokers.

Science.gov (United States)

2010-04-01

... 17 Commodity and Securities Exchanges 1 2010-04-01 2010-04-01 false Trading standards for introducing brokers. 155.4 Section 155.4 Commodity and Securities Exchanges COMMODITY FUTURES TRADING COMMISSION TRADING STANDARDS § 155.4 Trading standards for introducing brokers. (a) Each introducing broker...

The security of energy supply. The European seminar. The green book of the Commission. The IEA judgment. The strategic oil stocks

International Nuclear Information System (INIS)

Rose, D.; Burucoa, X.

2001-01-01

This issue of Energies et Matieres Premieres journal comprises five articles about the security of energy supplies in Europe and France. The first article is the opening talk given by Christian Pierret at the European seminar on the security of energy supplies (Paris-Bercy, France, Nov. 24 2000). The article gives a broad presentation of the French energy policy in the worldwide economical, political and environmental context of energy. The second article is the concluding talk given by Jean-Michel Charpin at the seminar. The third article reports on some excerpts of the technical summary that was used to elaborate the green book of the European commission about the security of energy supplies. The fourth article is a summary written in collaboration with the IEA about the French policy of security of energy supplies. The last article gives a presentation of the role and management of strategic oil stocks (historical aspects, rules and legal aspects, management of crises, economical impact of the US destocking of September 2000, proposal of the European Commission's green book). (J.S.)

The German electricity market. Does the present market design provide security of supply?; Strommarkt in Deutschland. Gewaehrleistet das derzeitige Marktdesign Versorgungssicherheit?

Energy Technology Data Exchange (ETDEWEB)

Janssen, Matthias; Peichert, Patrick; Perner, Jens; Riechmann, Christoph [Frontier Economics, Koeln (Germany); Niedrig, Thomas [Formaet Services GmbH, Rheinbach (Germany)

2014-09-15

A heated discussion is being waged in Germany and large parts of Europe over the introduction of what are referred to as capacity mechanisms, whose purpose is to provide security of supply in the electricity sector. In this context two consulting firms have undertaken a both qualitative and quantitative study of the fitness of the present market design, which is based on the ''Energy-Only Market'' (EOM), to provide security of supply in the German electricity market. The authors come to the conclusion that, if suitably framed, the EOM can continue to provide a secure electricity supply in accordance with consumer preferences and at the lowest possible cost.

Securing cooperation from persons supplying statistical data.

Science.gov (United States)

AUBENQUE, M J; BLAIKLEY, R M; HARRIS, F F; LAL, R B; NEURDENBURG, M G; DE SHELLY HERNANDEZ, R

1954-01-01

Securing the co-operation of persons supplying information required for medical statistics is essentially a problem in human relations, and an understanding of the motivations, attitudes, and behaviour of the respondents is necessary.Before any new statistical survey is undertaken, it is suggested by Aubenque and Harris that a preliminary review be made so that the maximum use is made of existing information. Care should also be taken not to burden respondents with an overloaded questionnaire. Aubenque and Harris recommend simplified reporting. Complete population coverage is not necessary.Neurdenburg suggests that the co-operation and support of such organizations as medical associations and social security boards are important and that propaganda should be directed specifically to the groups whose co-operation is sought. Informal personal contacts are valuable and desirable, according to Blaikley, but may have adverse effects if the right kind of approach is not made.Financial payments as an incentive in securing co-operation are opposed by Neurdenburg, who proposes that only postage-free envelopes or similar small favours be granted. Blaikley and Harris, on the other hand, express the view that financial incentives may do much to gain the support of those required to furnish data; there are, however, other incentives, and full use should be made of the natural inclinations of respondents. Compulsion may be necessary in certain instances, but administrative rather than statutory measures should be adopted. Penalties, according to Aubenque, should be inflicted only when justified by imperative health requirements.The results of surveys should be made available as soon as possible to those who co-operated, and Aubenque and Harris point out that they should also be of practical value to the suppliers of the information.Greater co-operation can be secured from medical persons who have an understanding of the statistical principles involved; Aubenque and Neurdenburg

Systemic trade risk of critical resources.

Science.gov (United States)

Klimek, Peter; Obersteiner, Michael; Thurner, Stefan

2015-11-01

In the wake of the 2008 financial crisis, the role of strongly interconnected markets in causing systemic instability has been increasingly acknowledged. Trade networks of commodities are susceptible to cascades of supply shocks that increase systemic trade risks and pose a threat to geopolitical stability. We show that supply risk, scarcity, and price volatility of nonfuel mineral resources are intricately connected with the structure of the worldwide trade networks spanned by these resources. At the global level, we demonstrate that the scarcity of a resource is closely related to the susceptibility of the trade network with respect to cascading shocks. At the regional level, we find that, to some extent, region-specific price volatility and supply risk can be understood by centrality measures that capture systemic trade risk. The resources associated with the highest systemic trade risk indicators are often those that are produced as by-products of major metals. We identify significant strategic shortcomings in the management of systemic trade risk, in particular in the European Union.

Natural gas and energy security

International Nuclear Information System (INIS)

Saga, B.P.

1996-01-01

This paper relates to energy security by natural gas supply seen in an International Energy Agency perspective. Topics are: Security of supply, what is it; the role gas on the European energy scene; short term security of supply; long term security of supply; future structural and regulatory developments and possible implications for security of supply. 6 figs

17 CFR 155.2 - Trading standards for floor brokers.

Science.gov (United States)

2010-04-01

... 17 Commodity and Securities Exchanges 1 2010-04-01 2010-04-01 false Trading standards for floor brokers. 155.2 Section 155.2 Commodity and Securities Exchanges COMMODITY FUTURES TRADING COMMISSION TRADING STANDARDS § 155.2 Trading standards for floor brokers. Each contract market shall adopt and submit...

Securities and Exchange Commission Semiannual Regulatory Agenda

Science.gov (United States)

2010-12-20

... Flexibility Analysis Required: Yes Agency Contact: Alicia Goldin, Division of Trading and Markets, Securities...: Alicia Goldin, Division of Trading and Markets, Securities and Exchange Commission, 100 F Street NE... Flexibility Analysis Required: Yes Agency Contact: Alicia Goldin, Division of Trading and Markets, Securities...

17 CFR 242.302 - Recordkeeping requirements for alternative trading systems.

Science.gov (United States)

2010-04-01

... alternative trading systems. 242.302 Section 242.302 Commodity and Securities Exchanges SECURITIES AND... SECURITY FUTURES Regulation Ats-Alternative Trading Systems § 242.302 Recordkeeping requirements for alternative trading systems. To comply with the condition set forth in paragraph (b)(8) of § 242.301, an...

TRANSPETRO gas security of supply program; Programa de confiabilidade de suprimento de gas natural da TRANSPETRO

Energy Technology Data Exchange (ETDEWEB)

Faertes, Denise [PETROBRAS Transporte S.A. (TRANSPETRO), Rio de Janeiro, RJ (Brazil)

2005-07-01

The purpose of this paper is to present the Gas Security of Supply Program that is being implemented at TRANSPETRO since 2002. It includes the application of the state of the art techniques and models related to reliability engineering. The main objective of the program is to evaluate and optimize overall gas network performance and to provide gas to different consumers (industrial, residential, thermo-plants and vehicles) in compliance with stated reliability levels. Heavy fines will be applied to PETROBRAS in case of occurrence of shortfalls. We hope that this paper can contribute to a wider discussion about this subject of performance indicators involving security of supply, safety and environment preservation. (author)

Development and Validation of Mechanical Engineering Trade Skills Assessment Instrument for Sustainable Job Security in Yobe State

Science.gov (United States)

Adamu, Gishua Garba; Dawha, Josphine Musa; Kamar, Tiamiyu Salihu

2015-01-01

Mechanical Engineering Trade Skills Assessment Instrument (METSAI) is aimed at determining the extent to which students have acquired practical skills before graduation that will enable them get employment for sustainable job security in Yobe state. The study employed instrumentation research design. The populations of the study were 23 mechanical…

Yet Another Trading Simulation: The nonimmediacy Model

OpenAIRE

Jeyasreedharan, Nagaratnam

2007-01-01

Market participants who want to trade “quickly” demand transactional liquidity. Market participants who demand to trade “immediately” demand transactional immediacy. Traders supply immediacy when the trading returns are high and demand immediacy when the trading returns are low. Traders supply immediacy by being non-immediate and traders demand immediacy by being immediate. As these time-based expectations are functions of the underlying distributions of the clearing prices, one is able to de...

Green paper: towards a European strategy for the security of energy supply

International Nuclear Information System (INIS)

2001-04-01

The Green Paper ''Towards a European strategy for the security of energy supply in Europe'', published in 2002, gives a clear priority to energy efficiency and renewable. Although it is not a legislative document, it is accepted by the main actors as a reference for all energy related actions. Energie-Cites welcomes the Green Paper. This document gives a clear review of the energy context in Europe and raises fundamental questions, in particular, the place given to energy demand management, presented as the priority policy to ensure security of supply and compliance with the European Union international commitments. However, they precise three important points. It is indispensable that potential energy savings be quantified so as to emphasize the importance of a resource that has always been underestimated. By the same token, the ''demand management'' option presented in the Green Paper would gain in credibility if several alternative scenarios were proposed, the impact and the conditions for the success of such a policy being then more clearly apparent. A policy with a stronger focus on demand management and renewable energy requires one to redirect attention towards a different set of players. (A.L.B.)

77 FR 10004 - Nikron Technologies, Inc.; Order of Suspension of Trading

Science.gov (United States)

2012-02-21

... of Trading February 16, 2012. It appears to the Securities and Exchange Commission that there is a... trading in the securities of the above-listed company. Therefore, it is ordered, pursuant to Section 12(k) of the Securities Exchange Act of 1934, that trading in the securities of the above-listed company is...

A new approach to e-commerce customs control in China: Integrated supply chain - A practical application towards large-scale data pipeline implementation

NARCIS (Netherlands)

R. Hu (Rong); Y.H. Tan (Yao Hua); F. Heijmann (Frank)

2016-01-01

textabstractDevelopments in e-commerce are presenting new challenges in customs control and China's customs agency is developing a new approach to how it addresses these challenges. China Customs has adopted an integrated supply chain approach to secure international trade lanes and to facilitate

A new approach to e-commerce customs control in China: Integrated supply chain : A practical application towards large-scale data pipeline implementation

NARCIS (Netherlands)

Hu, R.; Tan, Y.; Heijmann, F.

2016-01-01

Developments in e-commerce are presenting new challenges in customs control and China's customs agency is developing a new approach to how it addresses these challenges. China Customs has adopted an integrated supply chain approach to secure international trade lanes and to facilitate legitimate

77 FR 26056 - LocatePlus Holdings Corporation; Order of Suspension of Trading

Science.gov (United States)

2012-05-02

... Suspension of Trading April 30, 2012. It appears to the Securities and Exchange Commission that there is a... trading in the securities of the above-listed company, and any equity securities of any entity purporting..., that trading in the securities of the above-listed company, and any equity securities of any entity...

17 CFR 240.12f-3 - Termination or suspension of unlisted trading privileges.

Science.gov (United States)

2010-04-01

... unlisted trading privileges. 240.12f-3 Section 240.12f-3 Commodity and Securities Exchanges SECURITIES AND... Regulations Under the Securities Exchange Act of 1934 Unlisted Trading § 240.12f-3 Termination or suspension of unlisted trading privileges. (a) The issuer of any security for which unlisted trading privileges...

75 FR 68636 - 8000, Inc.; Order of Suspension of Trading

Science.gov (United States)

2010-11-08

... SECURITIES AND EXCHANGE COMMISSION [File No. 500-1] 8000, Inc.; Order of Suspension of Trading... and the protection of investors require a suspension of trading in the securities of 8000, Inc. Therefore, it is ordered, pursuant to Section 12(k) of the Securities Exchange Act of 1934, that trading in...

77 FR 26796 - HydroGenetics, Inc.; Order of Suspension of Trading

Science.gov (United States)

2012-05-07

... Trading May 2, 2012. It appears to the Securities and Exchange Commission that there is a lack of current... require a suspension of trading in the securities of HydroGenetics. Therefore, it is ordered, pursuant to Section 12(k) of the Securities Exchange Act of 1934, that trading in the securities of HydroGenetics is...

Supply Chain Connectivity: Enhancing Participation in the Global Supply Chain

OpenAIRE

Patalinghug, Epictetus E.

2015-01-01

Supply chain connectivity is vital for the efficient flow of trade among APEC economies. This paper reviews the literature and supply chain management, describes the barriers to enhancing participation in global supply chain, analyzes the various measures of supply chain performance, and suggests steps for the Philippines to fully reap the benefits of the global value chain.

77 FR 16113 - Asiamart, Inc., Order of Suspension of Trading

Science.gov (United States)

2012-03-19

... SECURITIES AND EXCHANGE COMMISSION [File No. 500-1] Asiamart, Inc., Order of Suspension of Trading... and the protection of investors require a suspension of trading in the securities of the above-listed... trading in the securities of the above-listed company is suspended for the period from 9:30 a.m. EDT on...

78 FR 44185 - RVPlus, Inc.; Order of Suspension of Trading

Science.gov (United States)

2013-07-23

... SECURITIES AND EXCHANGE COMMISSION [File No. 500-1] RVPlus, Inc.; Order of Suspension of Trading... and the protection of investors require a suspension of trading in the securities of the above-listed... trading in the securities of the above-listed company is suspended for the period from 9:30 a.m. EDT, on...

Stochastic Optimization of Supply Chain Risk Measures –a Methodology for Improving Supply Security of Subsidized Fuel Oil in Indonesia

Directory of Open Access Journals (Sweden)

Adinda Yuanita

2015-08-01

Full Text Available Monte Carlo simulation-based methods for stochastic optimization of risk measures is required to solve complex problems in supply security of subsidized fuel oil in Indonesia. In order to overcome constraints in distribution of subsidized fuel in Indonesia, which has the fourth largest population in the world—more than 250,000,000 people with 66.5% of productive population, and has more than 17,000 islands with its population centered around the nation's capital only—it is necessary to have a measurable and integrated risk analysis with monitoring system for the purpose of supply security of subsidized fuel. In consideration of this complex issue, uncertainty and probability heavily affected this research. Therefore, this research did the Monte Carlo sampling-based stochastic simulation optimization with the state-of-the-art "FIRST" parameter combined with the Sensitivity Analysis to determine the priority of integrated risk mitigation handling so that the implication of the new model design from this research may give faster risk mitigation time. The results of the research identified innovative ideas of risk based audit on supply chain risk management and new FIRST (Fairness, Independence, Reliable, Sustainable, Transparent parameters on risk measures. In addition to that, the integration of risk analysis confirmed the innovative level of priority on sensitivity analysis. Moreover, the findings showed that the new risk mitigation time was 60% faster than the original risk mitigation time.

Weather, Climate and Food Security

Science.gov (United States)

Beer, T.

2016-12-01

To climatologists food security is dominated by the impacts of weather and climate on food systems. But the link between the atmosphere and food security is more complex. Extreme weather events such as tropical cyclones impact directly on agriculture, but they also impact on the logistical distribution of food and can thus disrupt the food supply chain, especially in urban areas. Drought affects human life and health as well as impacting dramatically on the sustainable development of society. It represents a pending danger for vulnerable agricultural systems that depend on the rainfall, water supply and reservoirs. Developed countries are affected, but the impact is disproportionate within the developing world. Drought, especially when it results in famine, can change the life and economic development of developing nations and stifle their development for decades. A holistic approach is required to understand the phenomena, to forecast catastrophic events such as drought and famine and to predict their societal consequences. In the Food Security recommendations of the Rio+20 Forum on Science, Technology and Innovation for Sustainable Development it states that it is important "To understand fully how to measure, assess and reduce the impacts of production on the natural environment including climate change, recognizing that different measures of impact (e.g. water, land, biodiversity, carbon and other greenhouse gases, etc) may trade-off against each other..." This talk will review the historical link between weather, climate, drought and food supplies; examine the international situation; and summarise the response of the scientific community

41 CFR 101-26.507-3 - Purchase of security equipment from Federal Supply Schedules.

Science.gov (United States)

2010-07-01

... 41 Public Contracts and Property Management 2 2010-07-01 2010-07-01 true Purchase of security... Management Federal Property Management Regulations System FEDERAL PROPERTY MANAGEMENT REGULATIONS SUPPLY AND PROCUREMENT 26-PROCUREMENT SOURCES AND PROGRAM 26.5-GSA Procurement Programs § 101-26.507-3 Purchase of...

Self-sufficiency, free trade and safety.

Science.gov (United States)

Rautonen, Jukka

2010-01-01

The relationship between free trade, self-sufficiency and safety of blood and blood components has been a perennial discussion topic in the blood service community. Traditionally, national self-sufficiency has been perceived as the ultimate goal that would also maximize safety. However, very few countries are, or can be, truly self-sufficient when self-sufficiency is understood correctly to encompass the whole value chain from the blood donor to the finished product. This is most striking when plasma derived medicines are considered. Free trade of blood products, or competition, as such can have a negative or positive effect on blood safety. Further, free trade of equipment and reagents and several plasma medicines is actually necessary to meet the domestic demand for blood and blood derivatives in most countries. Opposing free trade due to dogmatic reasons is not in the best interest of any country and will be especially harmful for the developing world. Competition between blood services in the USA has been present for decades. The more than threefold differences in blood product prices between European blood services indicate that competition is long overdue in Europe, too. This competition should be welcomed but carefully and proactively regulated to avoid putting safe and secure blood supply at risk. Copyright 2009 The International Association for Biologicals. Published by Elsevier Ltd. All rights reserved.

17 CFR 240.11a-1 - Regulation of floor trading.

Science.gov (United States)

2010-04-01

... 17 Commodity and Securities Exchanges 3 2010-04-01 2010-04-01 false Regulation of floor trading... Securities Exchange Act of 1934 Adoption of Floor Trading Regulation (rule 11a-1) § 240.11a-1 Regulation of floor trading. (a) No member of a national securities exchange, while on the floor of such exchange...

17 CFR 155.3 - Trading standards for futures commission merchants.

Science.gov (United States)

2010-04-01

... 17 Commodity and Securities Exchanges 1 2010-04-01 2010-04-01 false Trading standards for futures commission merchants. 155.3 Section 155.3 Commodity and Securities Exchanges COMMODITY FUTURES TRADING COMMISSION TRADING STANDARDS § 155.3 Trading standards for futures commission merchants. (a) Each futures...

Elasmobranch fisheries in the Arabian Seas Region: Characteristics, trade and management

KAUST Repository

Jabado, Rima W

2017-05-23

The Arabian Seas Region plays an important role in the global landings and trade of sharks and rays. The United Arab Emirates (UAE) and Yemen, two countries with stark socio-economic differences, serve as major regional trade hubs for shark and ray products and four countries (Oman, Pakistan, UAE and Yemen) supply nearly 11% of dried fin exports to Hong Kong. Yet, little information is available on the characteristics of this trade and the fisheries contributing to it. Here, we review the fisheries characteristics, trade, utilization and distribution chain of sharks and rays in 15 countries of the Arabian Seas Region based on published and grey literature, landing surveys, field observations and interviews with fishermen and traders. Although regional shark fisheries remain mostly artisanal, reported shark and ray landings represent 28% of the regional total fish production, reaching 56,074 mt in 2012 (7.3% of total world catches), with Iran, Oman, Pakistan and Yemen ranking as the primary catchers. Utilization and distribution patterns are complex, vary between landing sites and countries, and remain unmonitored. Based on widespread over-exploitation of most teleost fisheries, current exploitation levels for most sharks and rays are potentially unsustainable. The situation is exacerbated by limited research and political will to support policy development, the incomplete nature of fisheries data, as well as insufficient regulations and enforcement. A better understanding of shark and ray fisheries will be key for regulating trade, promoting conservation and developing management initiatives to secure food security, livelihoods and biodiversity conservation in the region.

Analysis of Carbon Emission Reduction in a Dual-Channel Supply Chain with Cap-And-Trade Regulation and Low-Carbon Preference

Directory of Open Access Journals (Sweden)

Xiaoyan Wang

2018-02-01

Full Text Available This paper focuses on the reduction of carbon emissions driven by cap-and-trade regulation and consumers’ low-carbon preference in a dual-channel supply chain. Under the low-carbon environment, we also discuss the pricing strategies and the profits for the supply chain members using the Stackelberg game model in two cases. In the first (second case where the initial proportion of consumers who prefer the online direct channel (traditional retail channel is “larger”, the direct sale price of low-carbon products could be set higher than (equal to the wholesale price. And it is shown that in both cases, tighter cap-and-trade regulation and higher low-carbon preference stimulate the manufacturer to cut carbon emissions in its production process. However, improving consumers’ low-carbon preference is more acceptable to the supply chain members. It always benefits the manufacturer and the retailer. In comparison, the firm’s profit increases with carbon price only when the clean production level is relatively high. Our findings can provide useful managerial insights for policy-makers and firms in the development of low-carbon sustainability.

Proposal on concept of security of energy supply with nuclear energy

International Nuclear Information System (INIS)

Ujita, Hiroshi; Matsui, Kazuaki; Yamada, Eiji

2009-01-01

Security of energy supply (SoS) was a major concern for OECD governments in the early 1970s. Since then, successive oil crises, volatility of hydrocarbon prices, as well as terrorist risks and natural disasters, have brought the issue back to the centre stage of policy agendas. SoS concept has been proposed which is defined by time frame and space frame as well. Wide meaning SoS consists of narrow meaning SoS of short-term energy crisis, which is the traditional concept, and long-term global energy problem, which has become important recently. Three models have been proposed here for evaluating SoS. A method to estimate energy security level in a quantitative manner by comparing with various measures has been also proposed, in which nuclear energy contribution onto SoS can be further measured. (author)

Land management influences trade-offs and the total supply of ecosystem services in alpine grassland in Tibet, China.

Science.gov (United States)

Wu, Junxi; Zhao, Yan; Yu, Chengqun; Luo, Liming; Pan, Ying

2017-05-15

Developing sustainable use patterns for alpine grassland in Tibet is the primary challenge related to conserving these vulnerable ecosystems of the 'world's third pole' and guaranteeing the well-being of local inhabitants. This challenge requires researchers to think beyond the methods of most current studies that are limited to a single aspect of conservation or productivity, and focus on balancing various needs. An analysis of trade-offs involving ecosystem services provides a framework that can be used to quantify the type of balancing needed. In this study, we measured variations in four types of ecosystem services under five types of grassland management including grazing exclusion, sowing, combined plowing and grazing exclusion, combined plowing and sowing, and natural grassland, from 2013 to 2015. In addition, we accessed the existence and changing patterns of ecosystem service trade-offs using Spearman coefficients and a trade-off index. The results revealed the existence of trade-offs among provisioning and regulating services. Plowing and sowing could convert the trade-off relationships into synergies immediately. Grazing exclusion reduced the level of trade-offs gradually over time. Thus, the combined plowing and sowing treatment promoted the total supply of multiple ecosystem services when compared with natural grassland. We argue that the variations in dry matter allocation to above- and belowground serve as one cause of the variation in trade-off relationships. Another cause for variation in trade-offs is the varied species competition between selection effects and niche complementarity. Our study provides empirical evidence that the effects of trade-offs among ecosystem services could be reduced and even converted into synergies by optimizing management techniques. Copyright © 2017 Elsevier Ltd. All rights reserved.

77 FR 58203 - Freedom Environmental Services, Inc.; Order of Suspension of Trading

Science.gov (United States)

2012-09-19

... Suspension of Trading September 17, 2012. It appears to the Securities and Exchange Commission that there is... require a suspension of trading in the securities of the above-listed company. Therefore, it is ordered, pursuant to Section 12(k) of the Securities Exchange Act of 1934, that trading in the securities of the...

75 FR 36128 - Green Energy Resources, Inc.; Order of Suspension of Trading

Science.gov (United States)

2010-06-24

... Suspension of Trading June 22, 2010. It appears to the Securities and Exchange Commission that there is a... a suspension of trading in the securities of Green Energy. Therefore, it is ordered, pursuant to Section 12(k) of the Securities Exchange Act of 1934, that trading in the securities of the above-listed...

The Role of Latin America’s Land and Water Resources for Global Food Security: Environmental Trade-Offs of Future Food Production Pathways

Science.gov (United States)

Flachsbarth, Insa; Willaarts, Bárbara; Xie, Hua; Pitois, Gauthier; Mueller, Nathaniel D.; Ringler, Claudia; Garrido, Alberto

2015-01-01

One of humanity’s major challenges of the 21st century will be meeting future food demands on an increasingly resource constrained-planet. Global food production will have to rise by 70 percent between 2000 and 2050 to meet effective demand which poses major challenges to food production systems. Doing so without compromising environmental integrity is an even greater challenge. This study looks at the interdependencies between land and water resources, agricultural production and environmental outcomes in Latin America and the Caribbean (LAC), an area of growing importance in international agricultural markets. Special emphasis is given to the role of LAC’s agriculture for (a) global food security and (b) environmental sustainability. We use the International Model for Policy Analysis of Agricultural Commodities and Trade (IMPACT)—a global dynamic partial equilibrium model of the agricultural sector—to run different future production scenarios, and agricultural trade regimes out to 2050, and assess changes in related environmental indicators. Results indicate that further trade liberalization is crucial for improving food security globally, but that it would also lead to more environmental pressures in some regions across Latin America. Contrasting land expansion versus more intensified agriculture shows that productivity improvements are generally superior to agricultural land expansion, from an economic and environmental point of view. Finally, our analysis shows that there are trade-offs between environmental and food security goals for all agricultural development paths. PMID:25617621

Teleconnected food supply shocks

Science.gov (United States)

Bren d'Amour, Christopher; Wenz, Leonie; Kalkuhl, Matthias; Steckel, Jan Christoph; Creutzig, Felix

2016-03-01

The 2008-2010 food crisis might have been a harbinger of fundamental climate-induced food crises with geopolitical implications. Heat-wave-induced yield losses in Russia and resulting export restrictions led to increases in market prices for wheat across the Middle East, likely contributing to the Arab Spring. With ongoing climate change, temperatures and temperature variability will rise, leading to higher uncertainty in yields for major nutritional crops. Here we investigate which countries are most vulnerable to teleconnected supply-shocks, i.e. where diets strongly rely on the import of wheat, maize, or rice, and where a large share of the population is living in poverty. We find that the Middle East is most sensitive to teleconnected supply shocks in wheat, Central America to supply shocks in maize, and Western Africa to supply shocks in rice. Weighing with poverty levels, Sub-Saharan Africa is most affected. Altogether, a simultaneous 10% reduction in exports of wheat, rice, and maize would reduce caloric intake of 55 million people living in poverty by about 5%. Export bans in major producing regions would put up to 200 million people below the poverty line at risk, 90% of which live in Sub-Saharan Africa. Our results suggest that a region-specific combination of national increases in agricultural productivity and diversification of trade partners and diets can effectively decrease future food security risks.

Security Price Informativeness with Delegated Traders

OpenAIRE

Gary Gorton; Ping He; Lixin Huang

2010-01-01

Trade in securities markets is conducted by agents acting for principals, using "mark-to-market" contracts whereby performance is assessed using security market prices. We endogenize contract choices, information production, informed trading, and security price informativeness. But there is a contract externality. Prices are informative only because other principals induce their agents to trade based on privately produced information. The agent-traders then have an incentive to coordinate and...

Production inventory model for two-level trade credit financing under the effect of preservation technology and learning in supply chain

Directory of Open Access Journals (Sweden)

Sunil Kumar

2015-12-01

Full Text Available The present study investigated the inventory model for a retailer under two levels of trade credit to reflect the supply chain management. Supplier offers trade credit period of M to the retailer while in turn retailer provides a trade credit period of N to his/her customers. The supplier is willing to provide the retailer a full trade credit period for payments and the retailer offers the partial trade credit period to his/her customers. Here, selling items are considered as perishable items such as fruits, fresh fishes, gasoline, photographic films, etc. so that its potential worth decreases. It is assumed that decay in potential worth of items can be increased by using preservation technology. The demand is considered as the function of selling price and trade credit. Ordering cost can be reducing due to learning by doing phenomenon. By applying convex fractional programming results, we obtain necessary and sufficient conditions of an optimal solution. Some theorems are developed to determine retailer’s optimal ordering policies and numerical examples are given to illustrate these theorems. In addition, some managerial insights from the numerical examples are also concluded.

77 FR 16112 - Eugene Science, Inc., Order of Suspension of Trading

Science.gov (United States)

2012-03-19

... Trading March 15, 2012. It appears to the Securities and Exchange Commission that there is a lack of... the public interest and the protection of investors require a suspension of trading in the securities... Exchange Act of 1934, that trading in the securities of the above-listed company is suspended for the...

77 FR 16113 - ASP Ventures Corp., Order of Suspension of Trading

Science.gov (United States)

2012-03-19

... Trading March 15, 2012. It appears to the Securities and Exchange Commission that there is a lack of... the public interest and the protection of investors require a suspension of trading in the securities... Exchange Act of 1934, that trading in the securities of the above-listed company is suspended for the...

78 FR 65744 - Newtech Resources Ltd., Order of Suspension of Trading

Science.gov (United States)

2013-11-01

... Trading October 21, 2013. It appears to the Securities and Exchange Commission that there is a lack of... the public interest and the protection of investors require a suspension of trading in the securities... Exchange Act of 1934, that trading in the securities of the above-listed company is suspended for the...

78 FR 45996 - Duoyuan Printing, Inc.; Order of Suspension: of Trading

Science.gov (United States)

2013-07-30

...: of Trading July 26, 2013. It appears to the Securities and Exchange Commission that there is a lack... require a suspension of trading in securities of Duoyuan Printing, Inc. Therefore, it is ordered, pursuant to Section 12(k) of the Securities Exchange Act of 1934, that trading in Duoyuan Printing, Inc. is...

76 FR 67528 - Curatech Industries, Inc., Order of Suspension of Trading

Science.gov (United States)

2011-11-01

... of Trading October 28, 2011. It appears to the Securities and Exchange Commission that there is a... protection of investors require a suspension of trading in the securities of the company listed above. Therefore, it is ordered, pursuant to Section 12(k) of the Securities Exchange Act of 1934, that trading in...

77 FR 58424 - Enwin Resources, Inc., Order of Suspension of Trading

Science.gov (United States)

2012-09-20

... Trading September 18, 2012. It appears to the Securities and Exchange Commission that there is a lack of... the public interest and the protection of investors require a suspension of trading in the securities... Exchange Act of 1934, that trading in the securities of the above-listed company is suspended for the...

Re-envisioning global agricultural trade: time for a paradigm shift to ensure food security and population health in low-income countries.

Science.gov (United States)

Pirkle, Catherine M; Poliquin, Hélène; Sia, Drissa; Kouakou, Kouassi Joseph; Sagna, Tani

2015-03-01

In this commentary, we use examples from West Africa to highlight how the liberalization of global agricultural trade exacerbates population health inequalities by threatening the livelihoods and food security of communities in low-income settings. We highlight the exploitative nature of trade agreements with West African countries demonstrating how these agreements disincentivize local agricultural investment and take jobs away from small-scale farmers. Further, we link agricultural trade liberalization to increased food insecurity, malnutrition, and exposure to environmental contaminants. Finally, we propose a paradigm shift that advocates for food sovereignty and the right to food. © The Author(s) 2014.

Green paper. Towards a European strategy for the security of energy supply

International Nuclear Information System (INIS)

2001-01-01

This Green Paper is the response to an observable fact: Europe growing future energy dependence. Its aim is to initiate a debate on the security of energy supply, an issue that is still very much alive. Three main points emerge from the Green Paper: the European Union will become increasingly dependent on external energy sources; enlargement will not change the situation; based on current forecasts, dependence will reach 70 % in 2030; the European Union has very limited scope to influence energy supply conditions (it is essentially on the demand side that the EU can intervene, mainly by promoting energy saving in buildings and the transport sector); at present, the European Union is not in a position to respond to the challenge of climate change and to meet its commitments, notably under the Kyoto Protocol. In these circumstances, the Commission would like the debate on the future strategy to be structured around the following principal questions: 1. Can the European Union accept an increase in its dependence on external energy sources without compromising its security of supply and European competitiveness? 2. Does not Europe increasingly integrated internal market, where decisions taken in one country have an impact on the others, call for a consistent and coordinated policy at Community level? What should such a policy consist of and where should competition rules fit in? 3. Are tax and State aid policies in the energy sector an obstacle to competitiveness in the European Union or not? 4. In the framework of an ongoing dialogue with producer countries, what should supply and investment promotion agreements contain? Given the importance of a partnership with Russia in particular, how can stable quantities, prices and investments be guaranteed? 5. Should more reserves be stockpiled, as already done for oils, and should other energy sources be included, such as gas or coal? Does the risk of physical disruption to energy supplies justify more onerous measures for

Green paper. Towards a European strategy for the security of energy supply

Energy Technology Data Exchange (ETDEWEB)

NONE

2001-07-01

This Green Paper is the response to an observable fact: Europe growing future energy dependence. Its aim is to initiate a debate on the security of energy supply, an issue that is still very much alive. Three main points emerge from the Green Paper: the European Union will become increasingly dependent on external energy sources; enlargement will not change the situation; based on current forecasts, dependence will reach 70 % in 2030; the European Union has very limited scope to influence energy supply conditions (it is essentially on the demand side that the EU can intervene, mainly by promoting energy saving in buildings and the transport sector); at present, the European Union is not in a position to respond to the challenge of climate change and to meet its commitments, notably under the Kyoto Protocol. In these circumstances, the Commission would like the debate on the future strategy to be structured around the following principal questions: 1. Can the European Union accept an increase in its dependence on external energy sources without compromising its security of supply and European competitiveness? 2. Does not Europe increasingly integrated internal market, where decisions taken in one country have an impact on the others, call for a consistent and coordinated policy at Community level? What should such a policy consist of and where should competition rules fit in? 3. Are tax and State aid policies in the energy sector an obstacle to competitiveness in the European Union or not? 4. In the framework of an ongoing dialogue with producer countries, what should supply and investment promotion agreements contain? Given the importance of a partnership with Russia in particular, how can stable quantities, prices and investments be guaranteed? 5. Should more reserves be stockpiled, as already done for oils, and should other energy sources be included, such as gas or coal? Does the risk of physical disruption to energy supplies justify more onerous measures for

78 FR 35351 - Polar Petroleum Corp.; Order of Suspension of Trading

Science.gov (United States)

2013-06-12

... Trading June 10, 2013. It appears to the Securities and Exchange Commission that there is a lack of... the protection of investors require a suspension of trading in the securities of the above-listed... trading in the securities of the above-listed company is suspended for the period from 9:30 a.m. EDT on...

Future electricity supplies must be secured - Swiss outlook for 2035 / 2050

International Nuclear Information System (INIS)

2009-01-01

This comprehensive article reviews an update made in 2009 by the Swiss Association of Electricity Enterprises VSE on their paper 'Outlook 2006 on Swiss electricity supply for the period up to 2035 / 2050'. The association is of the opinion that the paper can still form the basis for issue-related public discussion on energy-related questions. The Swiss 'four-pillar' strategy - energy efficiency, renewable energy, large power stations and international energy policy - is noted and supported. The special role played by electricity in the Swiss energy mix is discussed and the issue of security of supply is examined. Possible shortages that could occur in the future are discussed, as is the question of carbon dioxide emissions. Economic viability and power prices are discussed. Energy efficiency and power production options are also examined. Combined heat and power, hydropower and nuclear power are examined and, finally, import and export options reviewed

Counterfeit Drug Penetration into Global Legitimate Medicine Supply Chains: A Global Assessment

Science.gov (United States)

Mackey, Tim K.; Liang, Bryan A.; York, Peter; Kubic, Thomas

2015-01-01

Counterfeit medicines are a global public health risk. We assess counterfeit reports involving the legitimate supply chain using 2009–2011 data from the Pharmaceutical Security Institute Counterfeit Incident System (PSI CIS) database that uses both open and nonpublic data sources. Of the 1,510 identified CIS reports involving counterfeits, 27.6% reported China as the source country of the incident/detection. Further, 51.3% were reported as counterfeit but the specific counterfeit subcategory was not known or verifiable. The most prevalent therapeutic category was anti-infectives (21.1%) with most reports originating from health-related government agencies. Geographically, Asian and Latin American regions and, economically, middle-income markets were most represented. A total of 127 (64.8%) of a total of 196 countries had no legitimate supply chain CIS counterfeit reports. Improvements in surveillance, including detection of security breaches, data collection, analysis, and dissemination are urgently needed to address public health needs to combat the global counterfeit medicines trade. PMID:25897059

Security of energy supply. Facts and possibilities for action; Energiesicherheit. Fakten und Handlungsmoeglichkeiten

Energy Technology Data Exchange (ETDEWEB)

Hake, Juergen-Friedrich [Forschungszentrum Juelich GmbH (Germany). Inst. fuer Energie- und Klimaforschung (IEK), Systemforschung und Technologische Entwicklung (IEK-STE); Rath-Nagel, Stefan

2015-04-15

The energy infrastructure of a country has a decisive influence on the standard of living there, the competitiveness of its economy and its inner political stability. In the debate about the energy transition in Germany attention is primarily being focused on the future energy mix and how it might change, but in particular on the technical challenges involved as well as the costs of the transition as a whole. Given the growing instability that will arise in the electricity networks in the process of transition, as well as the problems that could occur with the supply of natural gas as a result of the Ukraine crisis, the issue of security of energy supply in Germany (as well as Europe) needs to be addressed anew: Is the energy supply at risk? What sources are available at home and abroad, and what leeway is there for changing the procurement mix?.

77 FR 5865 - China Agro-Technology Holdings Ltd.; Order of Suspension of Trading

Science.gov (United States)

2012-02-06

... Suspension of Trading February 2, 2012. It appears to the Securities and Exchange Commission that there is a... trading in the securities of China Agro-Technology Holdings Ltd. Therefore, it is ordered, pursuant to Section 12(k) of the Securities Exchange Act of 1934, that trading in the securities of China Agro...

77 FR 36305 - Stream Communications Network & Media, Inc.; Order of Suspension of Trading

Science.gov (United States)

2012-06-18

....; Order of Suspension of Trading June 14, 2012. It appears to the Securities and Exchange Commission that... a suspension of trading in the securities of the above-listed company. Therefore, it is ordered, pursuant to Section 12(k) of the Securities Exchange Act of 1934, that trading in the security of the above...

77 FR 58424 - China Mobile Media Technology, Inc., Order of Suspension of Trading

Science.gov (United States)

2012-09-20

... Suspension of Trading September 18, 2012. It appears to the Securities and Exchange Commission that there is... trading in the securities of the above-listed company. Therefore, it is ordered, pursuant to Section 12(k) of the Securities Exchange Act of 1934, that trading in the securities of the above-listed company is...

Securing co-operation from persons supplying statistical data

Science.gov (United States)

Aubenque, M. J.; Blaikley, R. M.; Harris, F. Fraser; Lal, R. B.; Neurdenburg, M. G.; Hernández, R. de Shelly

1954-01-01

Securing the co-operation of persons supplying information required for medical statistics is essentially a problem in human relations, and an understanding of the motivations, attitudes, and behaviour of the respondents is necessary. Before any new statistical survey is undertaken, it is suggested by Aubenque and Harris that a preliminary review be made so that the maximum use is made of existing information. Care should also be taken not to burden respondents with an overloaded questionnaire. Aubenque and Harris recommend simplified reporting. Complete population coverage is not necessary. Neurdenburg suggests that the co-operation and support of such organizations as medical associations and social security boards are important and that propaganda should be directed specifically to the groups whose co-operation is sought. Informal personal contacts are valuable and desirable, according to Blaikley, but may have adverse effects if the right kind of approach is not made. Financial payments as an incentive in securing co-operation are opposed by Neurdenburg, who proposes that only postage-free envelopes or similar small favours be granted. Blaikley and Harris, on the other hand, express the view that financial incentives may do much to gain the support of those required to furnish data; there are, however, other incentives, and full use should be made of the natural inclinations of respondents. Compulsion may be necessary in certain instances, but administrative rather than statutory measures should be adopted. Penalties, according to Aubenque, should be inflicted only when justified by imperative health requirements. The results of surveys should be made available as soon as possible to those who co-operated, and Aubenque and Harris point out that they should also be of practical value to the suppliers of the information. Greater co-operation can be secured from medical persons who have an understanding of the statistical principles involved; Aubenque and

Nuclear trade: an approach on the Argentine situation

International Nuclear Information System (INIS)

Antoniotti, Americo A.; Paez, Mariano R.

2005-01-01

The Argentine nuclear trade regime. Nuclear Materials. Definitions. Stages. From early times of nuclear development an actual and strict monopoly governed the transfers of nuclear materials. That meant: the Federal State took the control as user, producer, purchaser or seller. This policy was inspired and clearly echoed a similar one developed by countries with important development in the nuclear field. Types of contracts on nuclear commerce. Relation with costs implied with the nuclear industry. Uranium mining. System of supplies. Development of factories of nuclear supplies. Incentives. Nuclear Power. Radioisotopes. Human Resources. Ways of intervention of the State on nuclear Commerce. The right of veto. The ownership of shares in private or public corporations. Export- import controls. Security and Safety standards. National Act of Nuclear Activity. Veto of the Executive Power to the monopoly of the exclusive national supply of uranium. Comparative policies on other fields or products in Argentina. A proposal of lege ferenda. State's right of transformation applicable to purchases and sales of nuclear materials. Exchange and loans. Cosignature of contracts, etc. (author)

Speaker's presentations. Energy supply security; Recueil des interventions. Securite d'approvisionnement energetique

Energy Technology Data Exchange (ETDEWEB)

Pierret, Ch

2000-07-01

This document is a collection of most of the papers used by the speakers of the European Seminar on Energy Supply Security organised in Paris (at the French Ministry of Economy, Finance and Industry) on 24 November 2000 by the General Direction of Energy and Raw Materials, in co-operation with the European Commission and the French Planning Office. About 250 attendees were present, including a lot of high level Civil Servants from the 15 European State members, and their questions have allowed to create a rich debate. It took place five days before the publication, on 29 November 2000, by the European Commission, of the Green Paper 'Towards a European Strategy for the Security of Energy Supply'. This French initiative, which took place within the framework of the European Presidency of the European Union, during the second half-year 2000. will bring a first impetus to the brainstorming launched by the Commission. (author)

78 FR 15402 - Xytos, Inc.; Order of Suspension of Trading

Science.gov (United States)

2013-03-11

... SECURITIES AND EXCHANGE COMMISSION [ File No. 500-1] Xytos, Inc.; Order of Suspension of Trading... financial conditions and business operations, and because of potentially manipulative conduct in the trading... investors require a suspension of trading in the securities of the above-listed company. Therefore, it is...

Hybrid-secure MPC 

DEFF Research Database (Denmark)

Lucas, Christoph; Raub, Dominik; Maurer, Ueli

2010-01-01

of the adversary, without being aware of the actual adversarial setting. Thus, hybrid-secure MPC protocols allow for graceful degradation of security. We present a hybrid-secure MPC protocol that provides an optimal trade-off between IT robustness and computational privacy: For any robustness parameter ρ ... obtain one MPC protocol that is simultaneously IT secure with robustness for up to t ≤ ρ actively corrupted parties, IT secure with fairness (no robustness) for up to t ... in the universal composability (UC) framework (based on a network of secure channels, a broadcast channel, and a common reference string). It achieves the bound on the trade-off between robustness and privacy shown by Ishai et al. [CRYPTO'06] and Katz [STOC'07], the bound on fairness shown by Cleve [STOC'86...

Security of supply: a neglected fossil fuel externality

International Nuclear Information System (INIS)

Cavallo, A.J.

1995-01-01

Various groups have attempted to set a monetary value on the externalities of fossil fuel usage based on damages caused by emissions of particulates, sulfur dioxide, and oxides of nitrogen and carbon. One externality that has been neglected in this type of analysis, however, is the cost of maintaining a secure supply of fossil fuels. Military expenditures for this purpose are relatively easy to quantify based on US Department of Defense and Office of Management and Budget figures, and amount to between $1 and more than $3 per million Btu, based on total fossil fuel consumption in the US. Open acknowledgment of such expenses would, at the very least, have a profound effect on the perceived competitiveness of all non-fossil fuel technologies. It should also provide a simple and easily comprehended rationale for an energy content (Btu) charge on all fossil fuels. (Author)

A framework for the analysis of the security of supply of utilising carbon dioxide as a chemical feedstock.

Science.gov (United States)

Fraga, Eric S; Ng, Melvin

2015-01-01

Recent developments in catalysts have enhanced the potential for the utilisation of carbon dioxide as a chemical feedstock. Using the appropriate energy efficient catalyst enables a range of chemical pathways leading to desirable products. In doing so, CO2 provides an economically and environmentally beneficial source of C1 feedstock, while improving the issues relating to security of supply that are associated with fossil-based feedstocks. However, the dependence on catalysts brings other supply chains into consideration, supply chains that may also have security of supply issues. The choice of chemical pathways for specific products will therefore entail an assessment not only of economic factors but also the security of supply issues for the catalysts. This is a multi-criteria decision making problem. In this paper, we present a modified 4A framework based on the framework suggested by the Asian Pacific Energy Research centre for macro-economic applications. The 4A methodology is named after the criteria used to compare alternatives: availability, acceptability, applicability and affordability. We have adapted this framework for the consideration of alternative chemical reaction processes using a micro-economic outlook. Data from a number of sources were collected and used to quantify each of the 4A criteria. A graphical representation of the assessments is used to support the decision maker in comparing alternatives. The framework not only allows for the comparison of processes but also highlights current limitations in the CCU processes. The framework presented can be used by a variety of stakeholders, including regulators, investors, and process industries, with the aim of identifying promising routes within a broader multi-criteria decision making process.

Food Security Under Shifting Economic, Demographic, and Climatic Conditions (Invited)

Science.gov (United States)

Naylor, R. L.

2013-12-01

Global demand for food, feed, and fuel will continue to rise in a more populous and affluent world. Meeting this demand in the future will become increasingly challenging with global climate change; when production shocks stemming from climate variability are added to the new mean climate state, food markets could become more volatile. This talk will focus on the interacting market effects of demand and supply for major food commodities, with an eye on climate-related supply trends and shocks. Lessons from historical patterns of climate variability (e.g., ENSO and its global teleconnections) will be used to infer potential food security outcomes in the event of abrupt changes in the mean climate state. Domestic food and trade policy responses to crop output and price volatility in key producing and consuming nations, such as export bans and import tariffs, will be discussed as a potentially major destabilizing force, underscoring the important influence of uncertainty in achieving--or failing to achieve--food security.

77 FR 4853 - Onyx Service & Solutions, Inc.; Order of Suspension of Trading

Science.gov (United States)

2012-01-31

... Suspension of Trading January 27, 2012. It appears to the Securities and Exchange Commission that there is a... the public interest and the protection of investors require a suspension of trading in the securities... Exchange Act of 1934, that trading in the securities of the above-listed company is suspended for the...

76 FR 12144 - Advanced Optics Electronics, Inc.; Order of Suspension of Trading

Science.gov (United States)

2011-03-04

... Suspension of Trading March 2, 2011. It appears to the Securities and Exchange Commission that there is a... the opinion that the public interest and the protection of investors require a suspension of trading... Securities Exchange Act of 1934, that trading in the securities of the above-listed company is suspended for...

77 FR 10004 - C$ cMoney, Inc.; Order of Suspension of Trading

Science.gov (United States)

2012-02-21

... Trading February 16, 2012. It appears to the Securities and Exchange Commission that there is a lack of... protection of investors require a suspension of trading in the securities of the above-listed company. Therefore, it is ordered, pursuant to Section 12(k) of the Securities Exchange Act of 1934, that trading in...

78 FR 33142 - Lanbo Financial Group, Inc.; Order of Suspension of Trading

Science.gov (United States)

2013-06-03

... Suspension of Trading May 30, 2013. It appears to the Securities and Exchange Commission that there is a lack... the opinion that the public interest and the protection of investors require a suspension of trading... the Securities Exchange Act of 1934, that trading in the securities of the above-listed company is...

Measuring energy security: Trends in the diversification of oil and natural gas supplies

International Nuclear Information System (INIS)

Cohen, Gail; Joutz, Frederick; Loungani, Prakash

2011-01-01

We present evidence on one facet of energy security in OECD economies-the extent of diversification in sources of oil and natural gas supplies. Viewed from the perspective of the energy-importing countries as a whole, there has not been much change in diversification in oil supplies over the last decade, but diversification in sources of natural gas supplies has increased steadily. We document the considerable cross-country heterogeneity in the extent of diversification. We also show how the extent of diversification changes if account is taken of the political risk attached to suppliers; the size of the importing country; and transportation risk. - Highlights: → Global diversification is constant but large differences exist among countries. → Political risk and distance have large impacts on diversity measures. → Size has little impact on diversity measures. → France, US, and UK show low vulnerability for both fuels. → Smaller European countries show high vulnerability for both fuels.

Energy exchange increases supply security

International Nuclear Information System (INIS)

Van Baarle, D.

2004-01-01

Since October 5, 2004, Endex is an official futures market for energy. All the energy businesses and large-scale consumers in the Netherlands can trade electricity, and in the future also gas, anonymously [nl

Derivatives Trading and Negative Voting

OpenAIRE

Spamann, Holger

2012-01-01

This paper exposits a model of parallel trading of corporate securities (shares, bonds) and derivatives in which a large trader can sometimes profitably acquire securities with their corporate control rights for the sole purpose of reducing the corporations value and gaining on a net short position created through off-setting derivatives. At other times, the large trader profitably takes a net long position. The large trader requires no private information beyond its own trades. The problem i...

76 FR 58774 - Trade Mission to Southeast Asia in Conjunction With Trade Winds-Asia

Science.gov (United States)

2011-09-22

... trade mission stop in either: Malaysia (Kuala Lumpur) or Indonesia (Jakarta). Each trade mission stop... cross section of industries with growth potential in Singapore, Vietnam, Thailand, Malaysia and... equipment, safety and security equipment, automotive parts and service equipment, and logistics and...

Integrated energy and climate policy. Securing the supply of natural energy. An investigation of the German and European law; Integrierte Energie- und Klimapolitik. Die Sicherstellung der Erdgasversorgung. Eine Untersuchung deutschen und europaeischen Rechts

Energy Technology Data Exchange (ETDEWEB)

Nordmann, Henning

2012-07-01

Due to the extreme importance of natural gas as an energy source within an integrated energy policy and climate policy at national and European level, and due to the specific risks associated with the supply of natural gas, the contribution under consideration reports on the security of supply of natural gas. The following aspects are examined: To what extent are regulations on security of the natural gas supply provided in the German and European law. Which actors have the responsibility for the security of supply? What are the weaknesses in the legal arrangement of security of supply? The contribution also reports on the increasing importance of the EU as an actor of guarantee. The contribution of the EU to the security of supply in the supply of natural gas also is analysed.

An Empirical Study on the Driving Path of Optimizing the Resources Allocation of Foreign Trade Enterprises from the Perspective of Energy Supply-side Reform

Science.gov (United States)

You, Yu-cong; Yi, Lu-xia

2017-11-01

From the perspective of energy supply-side reform, this paper, by conducting an empirical study on foreign trade enterprises, conducts a research on the cross-role effect of optimizing the resources allocation and enhancing the energy efficiency. Methodologically, this paper creatively introduces the HILE's probabilistic structured property into Granger causality test analysis, forming an HILE-Granger (H-G) model, so as to empirically estimate both the short-term and long-term causal relationship effects between the energy efficiency and resources allocation. Conclusion is drawn that optimization of resources allocation is positively proportional with the energy efficiency enhancement. This paper is to provide a decision-making reference for the supply side reform strategy of foreign trade enterprises under the background of green energy economy.

Three stage trade credit policy in a three-layer supply chain-a production-inventory model

Science.gov (United States)

Pal, Brojeswar; Sankar Sana, Shib; Chaudhuri, Kripasindhu

2014-09-01

The main purpose of this paper is to investigate the optimal replenishment lot size of supplier and optimal production rate of manufacturer under three levels of trade credit policy for supplier-manufacturer-retailer supply chain. The supplier provides a fixed credit period to settle the accounts to the manufacturer, while the manufacturer gives a fixed credit period to settle the account to the retailer and the retailer, in turn, also offers a credit period to each of its customers to settle the accounts. We assume that the supplier supplies the raw material to the manufacturer and sends back the defective raw materials to the outside supplier after completion of inspection at one lot with a sales price. The system always produces good items in the model. Also, we consider the idle times of supplier and manufacturer. Finally, numerical examples are provided to illustrate the behaviour and application of the model with graphical simulation.

The security of energy infrastructure and supply in North Africa: Hydrocarbons and renewable energies in comparative perspective

Energy Technology Data Exchange (ETDEWEB)

Lacher, Wolfram, E-mail: wolfram.lacher@swp-berlin.org [Stiftung Wissenschaft und Politik/German Institute for International and Security Affairs (SWP), Berlin (Germany); Kumetat, Dennis, E-mail: d.kumetat@lse.ac.uk [Department of Geography and Environment, London School of Economics and Political Science, London (United Kingdom)

2011-08-15

While security risks to energy infrastructure and supply are frequently cited as a source of concern in the public debate on Europe's energy relationships with North Africa, few academic publications have addressed the issue to date. This article focuses on two potential threats to energy security in the North African context: first, intenational disruption of energy supplies by governments; second, attacks by non-state actors on energy infrastructure. Based on an analysis of North African security and energy geopolitics, the article provides an assessment of these threats as they have materialized with regard to existing energy industries, particularly oil and gas. The article then seeks to apply the findings to renewable energy schemes that are currently being discussed and developed, gauging the likelihood and impact of such threats materializing in respect to various technologies, and differentiating between different states of the region. Finally, the article provides recommendations for policy and further research needs for a successful common European-North African energy future. - Research Highlights: >Interest for investments into renewable energy projects in North Africa is growing. >Perceptions of political/security risks to renewables in North Africa are exaggerated. >Investment in renewables would boost interdependencies between Europe, North Africa. >Terrorist attacks unlikely to pose a major threat to renewables projects in North Africa.

The Importance of Authorized Economic Operator Institution for the Security of Supply Chain in the International Goods Turnover of Polish Enterprises

Directory of Open Access Journals (Sweden)

Miroslawa Laszuk

2016-01-01

Full Text Available Together with the growth of international exchange of goods also the number of threats increases that potentially may influence the security of functioning international supply chains. Currently, there is a need of developing solutions which aim at facilitating flow of goods, simultaneously ensuring security against the increasing number of threats related to e.g. terrorist attacks, illegal smuggling, thefts and tax frauds. The article presents institution of an authorized operator – Authorized Economic Operator (AEO, introduced on the territory of the European Union in 2008. The discourse demonstrates influence of functioning AEO certificates on security of international supply chains with the particular attention drawn on the importance of AEO institution for Polish operators.

78 FR 3044 - Exchange Traded Spreads Trust, et al.; Notice of Application

Science.gov (United States)

2013-01-15

... the series to deposit securities into, and receive securities from, the series in connection with the... securities (``Equity Funds'') or fixed income securities (``Fixed Income Funds'') traded in the U.S. or non-U... Equity Funds''), Fixed Income Funds that invest in fixed income securities traded in the U.S. market...

The Supply of Medical Radioisotopes. Final Report of the Third Mandate of the High-level Group on the Security of Supply of Medical Radioisotopes (2013-2015)

International Nuclear Information System (INIS)

Charlton, Kevin; )

2016-07-01

At the request of its member countries, the Organisation for Economic Co-operation and Development (OECD) Nuclear Energy Agency (NEA) became involved in global efforts to ensure a secure supply of molybdenum-99 ( 99 Mo)/technetium-99m ( 99m Tc). In April 2009, the High-level Group on the Security of Supply of Medical Radioisotopes (HLG-MR) was created and received an initial, two-year mandate from the NEA Steering Committee for Nuclear Energy to examine the causes of supply shortages of 99 Mo/ 99m Tc and develop a policy approach to address them. In its first mandate, the HLG-MR conducted a comprehensive economic study of the 99 Mo/ 99m Tc supply chain, which identified the key areas of vulnerability and major issues to be addressed. The HLG-MR released a policy approach, including six principles (Appendix 1) and supporting recommendations to help resolve the issues in the 99 Mo/ 99m Tc market. In the second mandate (2011-2013), the HLG-MR worked to encourage the implementation of the six policy principles and promoted an industry transition away from the use of highly enriched uranium (HEU) targets for 99 Mo production. Projects were undertaken by the NEA that resulted in the publication of documents and reports to assist in implementing the HLG-MR policy approach. The second mandate showed that, while commendable progress had occurred in many areas, there were still major issues in the 99 Mo/ 99m Tc market, with some continued government subsidisation, insufficient ORC and inadequate reimbursement for 99 mTc. Potential future periods of supply shortage were identified, particularly concerning the likely loss of significant capacity around 2016. In the third mandate, the HLG-MR continued its efforts to help ensure the global security of supply of 99 Mo/ 99m Tc through implementation of the six policy principles. The NEA undertook a further self-assessment review of the 99 Mo/ 99m Tc supply chain, focusing again on progress with implementing FCR and paid ORC and

Secure ASIC Architecture for Optimized Utilization of a Trusted Supply Chain for Common Architecture A and D Applications

Science.gov (United States)

2017-03-01

Secure ASIC Architecture for Optimized Utilization of a Trusted Supply Chain for Common Architecture A&D Applications Ezra Hall, Ray Eberhard...use applications. Furthermore, a product roadmap must be comprehended as part of this platform, offering A&D programs a solution to their...existing solutions for adoption to occur. Additionally, a well-developed roadmap to future secure SoCs, leveraging the value add of future advanced

Multilateral, regional and bilateral energy trade governance

Energy Technology Data Exchange (ETDEWEB)

Leal-Arcas, Rafael; Grasso, Costantino; Rios, Juan Alemany (Queen Mary Univ. of London (United Kingdom))

2014-12-01

The current international energy trade governance system is fragmented and multi-layered. Streamlining it for greater legal cohesiveness and international political and economic cooperation would promote global energy security. The current article explores three levels of energy trade governance: multilateral, regional and bilateral. Most energy-rich countries are part of the multilateral trading system, which is institutionalized by the World Trade Organization (WTO). The article analyzes the multilateral energy trade governance system by focusing on the WTO and energy transportation issues. Regionally, the article focuses on five major regional agreements and their energy-related aspects and examines the various causes that explain the proliferation of regional trade agreements, their compatibility with WTO law, and then provides several examples of regional energy trade governance throughout the world. When it comes to bilateral energy trade governance, this article only addresses the European Union’s (EU) bilateral energy trade relations. The article explores ways in which gaps could be filled and overlaps eliminated whilst remaining true to the high-level normative framework, concentrating on those measures that would enhance EU energy security.

17 CFR 242.303 - Record preservation requirements for alternative trading systems.

Science.gov (United States)

2010-04-01

... requirements for alternative trading systems. 242.303 Section 242.303 Commodity and Securities Exchanges... REQUIREMENTS FOR SECURITY FUTURES Regulation Ats-Alternative Trading Systems § 242.303 Record preservation requirements for alternative trading systems. (a) To comply with the condition set forth in paragraph (b)(9) of...

17 CFR 37.4 - Election to trade excluded and exempt commodities.

Science.gov (United States)

2010-04-01

... 17 Commodity and Securities Exchanges 1 2010-04-01 2010-04-01 false Election to trade excluded and exempt commodities. 37.4 Section 37.4 Commodity and Securities Exchanges COMMODITY FUTURES TRADING COMMISSION DERIVATIVES TRANSACTION EXECUTION FACILITIES § 37.4 Election to trade excluded and exempt...

Trade between the EU and Israeli Settlements: How Technical Arrangements add to Structural Injustice in the Supply Chain

Directory of Open Access Journals (Sweden)

Anas Audeh

2018-04-01

Full Text Available More than two decades ago, the EU upgraded its preferential trade with Israel. Many EU member states and European multinational companies violate the European Commission’s mandatory directives on excluding the Israeli settlements’ economy from the preferential treatment of free customs duties. This article argues that the settlements’ economy is correlated to a structural injustice in the supply chain, through the imposition of a coercive environment in the Occupied Palestinian Territories. Many European multinational companies trade in Israeli settlements and partially contribute to the structural injustice. The European Commission tackles the structural injustice by a framework of technical arrangements, but such a framework is unsuccessful due to the thoughtlessness and bad faith expressed by those actors linked to enterprises in the settlements, and due to the lack of normative standards and an operational framework of responsibility. This article challenges the longstanding argument in literature that the problem in the EU-Israeli settlements trade is not only a mere territorial and border dispute, using a mixed method of quantitative datasets and discourse analysis.

Analysis of environmental and economic aspects of international pellet supply chains

Energy Technology Data Exchange (ETDEWEB)

Ehrig, Rita

2014-01-17

Biomass plays a key role to achieve the EU's 20-20-20 energy and climate targets. Because of rising European demand and limited domestic resources, the EU relies on worldwide imports. Given this framework, the present thesis explores the influences on wood pellet supply chains considering different environmental policies, price risks and the effect of torrefaction pretreatment. The examinations refer to three real case studies for pellet trade from Australia, Canada, and Russia to Europe. In the first investigation, the efficiency of co-firing imported wood pellets in terms of CO{sub 2} savings and related subsidy schemes is analysed. Scenarios show that co-firing biomass is efficient to contribute to the EU energy targets. Though, policy makers could use these instruments more effective when directing sourcing decision towards options with even less environmental impacts. The second analysis explores the influence of statistically derived price risks on total supply chain economics. It is shown that price risks can effect strong fluctuations in the short term, which seriously affect the profitability of individual trade routes. Securing the supply chain is mainly based on individual producer-buyer agreements, personal branch experiences and fast reactions on the subsidy system. Systematic evaluation of supply chains could contribute to a more reliable market and thus foster investment decisions. In the last investigation, the economic and environmental performance of potential torrefaction-based supply chains is assessed. As a result, torrefaction-based supply chains turn out to be a certain alternative to conventional ones. Though, still huge research efforts and industrial demonstration are required to make torrefied biomass a real alternative on the market.

Analysis of environmental and economic aspects of international pellet supply chains

International Nuclear Information System (INIS)

Ehrig, Rita

2014-01-01

Biomass plays a key role to achieve the EU's 20-20-20 energy and climate targets. Because of rising European demand and limited domestic resources, the EU relies on worldwide imports. Given this framework, the present thesis explores the influences on wood pellet supply chains considering different environmental policies, price risks and the effect of torrefaction pretreatment. The examinations refer to three real case studies for pellet trade from Australia, Canada, and Russia to Europe. In the first investigation, the efficiency of co-firing imported wood pellets in terms of CO 2 savings and related subsidy schemes is analysed. Scenarios show that co-firing biomass is efficient to contribute to the EU energy targets. Though, policy makers could use these instruments more effective when directing sourcing decision towards options with even less environmental impacts. The second analysis explores the influence of statistically derived price risks on total supply chain economics. It is shown that price risks can effect strong fluctuations in the short term, which seriously affect the profitability of individual trade routes. Securing the supply chain is mainly based on individual producer-buyer agreements, personal branch experiences and fast reactions on the subsidy system. Systematic evaluation of supply chains could contribute to a more reliable market and thus foster investment decisions. In the last investigation, the economic and environmental performance of potential torrefaction-based supply chains is assessed. As a result, torrefaction-based supply chains turn out to be a certain alternative to conventional ones. Though, still huge research efforts and industrial demonstration are required to make torrefied biomass a real alternative on the market.

78 FR 20960 - Face Up Entertainment Group, Inc.; Order of Suspension of Trading

Science.gov (United States)

2013-04-08

... Suspension of Trading April 4, 2013. It appears to the Securities and Exchange Commission that there is a... business operations, and trading in its securities. Face Up is a Florida corporation based in Valley Stream... interest and the protection of investors require a suspension of trading in the securities of the above...

Protecting food security when facing uncertain climate: Opportunities for Afghan communities

Science.gov (United States)

Salman, Dina; Amer, Saud A.; Ward, Frank A.

2017-11-01

Climate change, population growth, and weakly developed water management institutions in many of the world's dry communities have raised the importance of designing innovative water allocation methods that adapt to water supply fluctuations while respecting cultural sensitivities. For example, Afghanistan faces an ancient history of water supply fluctuations that have contributed to periodic food shortage and famine. Poorly designed and weakly enforced water allocation methods continue to result in agriculture sector underperformance and periodic food shortages when water shortfalls occur. To date, little research has examined alternative water sharing rules on a multi-basin scale to protect food security for a subsistence irrigation society when the community faces water shortage. This paper's contribution examines the economic performance of three water-sharing mechanisms for three basins in Afghanistan with the goal of protecting food security for crop irrigation under ongoing threats of drought, while meeting growing demands for food in the face of anticipated population growth. We achieved this by formulating an integrated empirical optimization model to identify water-sharing measures that minimize economic losses while protecting food security when water shortages occur. Findings show that implementation of either a water trading policy or a proportional shortage policy that respects cultural sensitivities has the potential to raise economic welfare in each basin. Such a policy can reduce food insecurity risks for all trading provinces within each basin, thus being a productive institution for adapting to water shortage when it occurs. Total economic welfare gains are highest when drought is the most severe for which suffering would otherwise be greatest. Gains would be considerably higher if water storage reservoirs were built to store wet year flows for use in dry years. Our results light a path for policy makers, donors, water administrators, and farm

Trading electricity in the Nordic countries

International Nuclear Information System (INIS)

1994-01-01

An open market for electric power in the Nordic countries will require extensive common solutions of a range of economic, technical and political problems as a consequence of the natural monopoly of the transmission and distribution grid, and the need for supply reliability. The main objective is to establish and effective framework for competition in buying and selling electricity, both nationally and in a Nordic context, and to secure optimal resource allocation. The key participants are owners of the high-voltage grid and of the international grid connections. The objective should be to develop a 'point-tariff' system, a system for effective handling of bottlenecks, and an optimisation of further developments in the common high-voltage grid. Effective routines for measurement of the trade across the borders should be established. Institutions for power-trading should be developed, such as organised spot markets which should be established in Sweden and Finland. Transaction costs for trade between the spot markets in the different countries should be low. Until spot markets are established in Sweden and Finland, Statnett Marked should be made available for Sweden and Finish consumers and producers. Abuse of a domimant market position in a common market should be firmly discouraged. Different competition policies in the Nordic countries may give participants unequal possibilities to compete. (AB)

Stochastic Optimization of Supply Chain Risk Measures –a Methodology for Improving Supply Security of Subsidized Fuel Oil in Indonesia

OpenAIRE

Adinda Yuanita; Andi Noorsaman Sommeng; Anondho Wijonarko

2015-01-01

Monte Carlo simulation-based methods for stochastic optimization of risk measures is required to solve complex problems in supply security of subsidized fuel oil in Indonesia. In order to overcome constraints in distribution of subsidized fuel in Indonesia, which has the fourth largest population in the world—more than 250,000,000 people with 66.5% of productive population, and has more than 17,000 islands with its population centered around the nation's capital only—it is necessary to have a...

Improved price transparency : how electronic trading is affecting natural gas prices

International Nuclear Information System (INIS)

Gault, G.

2002-01-01

New electronic trading platforms can be categorized as: (1) proprietary or marketplace systems owned by the market maker or liquidity provider, (2) matching systems for brokerage systems where counter parties are matched and electronically executed through bilateral trading agreements, and (3) cleared exchanges which have traditional characteristics such as neutrality, anonymity, and clearing. The Calgary-based Natural Gas Exchange (NGX) is an independent electronic energy exchange. It is owned by OM in Stockholm, Sweden and operates under an order from the Alberta Securities Commission. Its main objective is to provide electronic energy trading and clearing services to participants in the the North American energy market. NGX has transacted more than 270,000 trades with zero default. The services at NGX include: centralized and anonymous electronic trading; centralized risk management and netting; centralized collateral management; transaction facilitation; pipeline title transfer coordination; and, real time price index generation. This paper described the impact of the many different types of trading platforms on liquidity and volatility in the marketplace. It also addresses the future of online energy trading and their respective platforms. Supply and demand of natural gas, storage, and weather are the basic market fundamentals, but trading platforms have an impact of volatility of natural gas because of market fragmentation, transparency, and market systems. As online energy exchanges evolve, we will see a consolidation of online energy exchanges that will thin a shrinking pool of players, and appropriately capitalized and centralized clearinghouses will become the backbone of all major online energy trading operations

48 CFR 25.406 - Israeli Trade Act.

Science.gov (United States)

2010-10-01

... 48 Federal Acquisition Regulations System 1 2010-10-01 2010-10-01 false Israeli Trade Act. 25.406... PROGRAMS FOREIGN ACQUISITION Trade Agreements 25.406 Israeli Trade Act. Acquisitions of supplies by most agencies are covered by the Israeli Trade Act, if the estimated value of the acquisition is $50,000 or more...

15 CFR 24.33 - Supplies.

Science.gov (United States)

2010-01-01

... residual inventory of unused supplies exceeding $5,000 in total aggregate fair market value upon... 15 Commerce and Foreign Trade 1 2010-01-01 2010-01-01 false Supplies. 24.33 Section 24.33 Commerce..., and Subawards § 24.33 Supplies. (a) Title. Title to supplies acquired under a grant or subgrant will...

Effects of cross-border power trade between Laos and Thailand: Energy security and environmental implications

International Nuclear Information System (INIS)

Watcharejyothin, Mayurachat; Shrestha, Ram M.

2009-01-01

This paper analyzed the effects of hydropower development in Laos and power trade between Laos and Thailand on economy wide, energy resource mix, power generation capacity mix, energy system cost, environment, as well as, energy security. A MARKAL-based model for an integrated energy system of Laos and Thailand was developed to assess the effects of energy resource development and trade to meet the national energy demands of the two countries. Two national MARKAL-based energy system models of Laos and Thailand were formulated for the study. The results show that 80% exploitation of water resource in Laos would induce power trade between the countries. The integrated energy system cost is found to decrease marginally but it would mitigate the CO 2 emission by 2% when compared with the base case. Thailand is expected to gain benefit from the increased level of power imported from Laos in terms of the lower energy system cost, better environmental quality and, greater diversification of energy sources. As compared to the base case, Laos would become the net energy exporter, earn significant export revenue, and improve the increase in revenue of energy export per increase in total energy system cost from the maximum exploitation of hydropower resource.

The security of energy infrastructure and supply in North Africa: Hydrocarbons and renewable energies in comparative perspective

International Nuclear Information System (INIS)

Lacher, Wolfram; Kumetat, Dennis

2011-01-01

While security risks to energy infrastructure and supply are frequently cited as a source of concern in the public debate on Europe's energy relationships with North Africa, few academic publications have addressed the issue to date. This article focuses on two potential threats to energy security in the North African context: first, intenational disruption of energy supplies by governments; second, attacks by non-state actors on energy infrastructure. Based on an analysis of North African security and energy geopolitics, the article provides an assessment of these threats as they have materialized with regard to existing energy industries, particularly oil and gas. The article then seeks to apply the findings to renewable energy schemes that are currently being discussed and developed, gauging the likelihood and impact of such threats materializing in respect to various technologies, and differentiating between different states of the region. Finally, the article provides recommendations for policy and further research needs for a successful common European-North African energy future. - Research Highlights: →Interest for investments into renewable energy projects in North Africa is growing. →Perceptions of political/security risks to renewables in North Africa are exaggerated. →Investment in renewables would boost interdependencies between Europe, North Africa. →Terrorist attacks unlikely to pose a major threat to renewables projects in North Africa.

[Design and implementation of supply security monitoring and analysis system for Chinese patent medicines supply in national essential medicines].

Science.gov (United States)

Wang, Hui; Zhang, Xiao-Bo; Huang, Lu-Qi; Guo, Lan-Ping; Wang, Ling; Zhao, Yu-Ping; Yang, Guang

2017-11-01

The supply of Chinese patent medicine is influenced by the price of raw materials (Chinese herbal medicines) and the stock of resources. On the one hand, raw material prices show cyclical volatility or even irreversible soaring, making the price of Chinese patent medicine is not stable or even the highest cost of hanging upside down. On the other hand, due to lack of resources or disable some of the proprietary Chinese medicine was forced to stop production. Based on the micro-service architecture and Redis cluster deployment Based on the micro-service architecture and Redis cluster deployment, the supply security monitoring and analysis system for Chinese patent medicines in national essential medicines has realized the dynamic monitoring and intelligence warning of herbs and Chinese patent medicine by connecting and integrating the database of Chinese medicine resources, the dynamic monitoring system of traditional Chinese medicine resources and the basic medicine database of Chinese patent medicine. Copyright© by the Chinese Pharmaceutical Association.

Long term Gas Supply Security in an Enlarged Europe. Final Report ENGAGED Project

International Nuclear Information System (INIS)

Van Oostvoorn, F.; Likachev, V.; Morgan, T.

2004-12-01

The title project concerned a study on the long-term gas supply security in Europe with a focus on the developments, risks and policies in the candidate countries in Eastern Europe. For that reason the report not only includes a European and EU-30 wide scenario analysis but also chapters on specific topics. One study (a chapter in this report) concerns the gas market and regulation developments in a number of relevant candidate countries. Another chapter presents a Russian vision on gas demand, production and supplies from Russia and also includes a paragraph on the supplies from other neighbours and the transit issues in the Ukraine. Finally, the report contains a chapter discussing the required network infrastructure for bringing the gas from external gas suppliers to the EU-30 markets. Hereby it analysis and tests the network flexibility to cope with some unlikely and unexpected supply interruptions in main pipelines to EU markets. The background information of the studies underlying the chapters can be partly found in the annexes and in the individual task reports. During the project the results of the study were discussed at several seminars in candidate countries and particularly on the final seminar in Prague, in June 2003, with different and important stakeholders and market actors

Trade liberalisation, resource sustainability and welfare

DEFF Research Database (Denmark)

Nielsen, Max

2006-01-01

that even though liberalising trade in products supplied by such a fishery might cause steady-state welfare reductions in the supplier countries, these welfare reductions are small compared to the welfare gains from a hypothetical change to optimal management. Hence, the introduction of better fisheries......Recent research has warned that liberalising trade in capture fish products originating from inefficiently managed fisheries might cause over-exploitation, reduced fish stocks and thereby a reduced steady-state of welfare. This paper qualifies the warning in a case study of the East Baltic cod...... market by developing an age-structured bio-economic supply model combined with basic theory of trade between two countries. Welfare effects of trade liberalisation are identified taking fishing quotas, input limitations, mesh-size regulations and shared ownership of stocks into account. It is shown...

77 FR 52766 - Technology and Trading Roundtable

Science.gov (United States)

2012-08-30

... SECURITIES AND EXCHANGE COMMISSION [Release No. 34-67725; File No. 4-652] Technology and Trading... ``Technology and Trading: Promoting Stability in Today's Markets'' to discuss ways to promote stability in..., implement, and manage complex and inter-connected trading technologies. The roundtable discussion will be...

Generation of predictive price and trading volume patterns in a model of dynamically evolving free market supply and demand

Directory of Open Access Journals (Sweden)

J. K. Wang

2001-01-01

Full Text Available I present a model of stock market price fluctuations incorporating effects of share supply as a history-dependent function of previous purchases and share demand as a function of price deviation from moving averages. Price charts generated show intervals of oscillations switching amplitude and frequency suddenly in time, forming price and trading volume patterns well-known in market technical analysis. Ultimate price trends agree with traditional predictions for specific patterns. The consideration of dynamically evolving supply and demand in this model resolves the apparent contradiction with the Efficient Market Hypothesis: perceptions of imprecise equity values by a world of investors evolve over non-negligible periods of time, with dependence on price history.

Russian gas export strategy and security of supply concerns in Europe

International Nuclear Information System (INIS)

Stern, J.P.

1992-01-01

Despite great publicity given to security of supply problems associated with Russian gas exports to Europe, these problems seem to be manageable. While the risk of short term technical breakdown exists, we are more likely to see a significant increase in Russian gas exports to Europe, than a significant fall. Increases could be achieved in the short term by moving more gas through the existing infrastructure. The restructuring of sales and transit relationships between Russia and other former Soviet republics (especially the Ukraine) as well as former CMEA member states in Central/Eastern Europe will be very important if export relationships are to be maintained and expanded. 7 refs., 1 tab

RE-SUPPLY: Securing the supply chains of wind power and solar PV Securing the supply chain for renewable energy. Final Report

Energy Technology Data Exchange (ETDEWEB)

Lehner, Franz; Vuille, Francois; Ziem, Sabine [E4tech UK Ltd, London (United Kingdom); Rastogi, Ankur; Sengupta, Subhabrata [Avalon Consulting, Mumbai (India)

2012-11-15

The RE-SUPPLY project aimed to provide insight into the elements of the supply chains which are presently or can in the future evolve as critical constraints in further large-scale deployment of on- and offshore wind and solar photovoltaic energy. The objectives of the study were twofold: Risk assessment: identify potential bottlenecks in the supply chains of wind and PV and assess their criticality and timeline for occurrence; and, Risk management: identify suitable mitigation strategies and recommend specific actions at policy and industry level.

76 FR 1101 - Property Traded on an Established Market

Science.gov (United States)

2011-01-07

... Property Traded on an Established Market AGENCY: Internal Revenue Service (IRS), Treasury. ACTION: Notice... regulations relating to determining when property is traded on an established market (that is, publicly traded... traded on an established securities market (often referred to as ``publicly traded''), the issue price of...

Measuring the Information Content of Stock Trades.

OpenAIRE

Hasbrouck, Joel

1991-01-01

This paper suggests that the interactions of security trades and quote revisions be modeled as a vector autoregressive system. Within this framework, a trade's information effect may be meaningfully measured as the ultimate price impact of the trade innovation. Estimates for a sample of NYSE issues suggest a trade's full price impact arrives only with a protracted lag; the impact is a positive and concave function of the trade size; large trades cause the spread to widen; trades occurring in ...

BENEFITS AND DRAWBACKS OF ONLINE TRADING VERSUS TRADITIONAL TRADING. EDUCATIONAL FACTORS IN ONLINE TRADING

Directory of Open Access Journals (Sweden)

Petric (Iancu Ioana Ancuta

2015-07-01

Full Text Available In terms of marketing, online trading is a new distribution channel and trading platforms are products of Investment and Financial Services Companies. Internet shortens the connection between the investor and the products they wish to purchase (shares, futures, CFDs, government securities, bonds, etc., and in some cases it no longer needs a security broker. Increasing use of the Internet and increasing competitiveness between Investment and Financial Services Companies do the latter, to seek new distribution channels to specific products. The purpose of this paper is to examine to what extent the investor education level affects the decision to move from traditional trading to online trading and the benefits and disadvantages of these types of transactions. To whom should the Investment and Financial Services Companies guide their marketing campaign to attract more investors for online platforms? The work presented is part of a larger project that will be part of author thesis, studying other factors that influence the decision to move from traditional to online trading: cost factor, time factor, psychological and social attributes of investors, yield portfolios and technological capacities of Investment and Financial Services Companies. Starting from the idea that with the increase of experience in stock investments the investors will want to make their own decisions, Investment and Financial Services Companies should provide new products. Compared to competitors, an Investment and Financial Services Company must innovate, and information technology currently offers the tools for innovation facilities. At the same time, the existence and development of the Internet has made the transaction without assistance or with minimal human intervention possible (Voss, 2000. The difference is in the knowledge about stock market, the speed the transaction orders arrive in the stock market, direct access to multiple markets, transaction costs and the level

An analysis of security price risk and return among publicly traded pharmacy corporations.

Science.gov (United States)

Gilligan, Adrienne M; Skrepnek, Grant H

2013-01-01

Community pharmacies have been subject to intense and increasing competition in the past several decades. To determine the security price risk and rate of return of publicly traded pharmacy corporations present on the major U.S. stock exchanges from 1930 to 2009. The Center of Research in Security Prices (CRSP) database was used to examine monthly security-level stock market prices in this observational retrospective study. The primary outcome of interest was the equity risk premium, with analyses focusing upon financial metrics associated with risk and return based upon modern portfolio theory (MPT) including: abnormal returns (i.e., alpha), volatility (i.e., beta), and percentage of returns explained (i.e., adjusted R(2)). Three equilibrium models were estimated using random-effects generalized least squares (GLS): 1) the Capital Asset Pricing Model (CAPM); 2) Fama-French Three-Factor Model; and 3) Carhart Four-Factor Model. Seventy-five companies were examined from 1930 to 2009, with overall adjusted R(2) values ranging from 0.13 with the CAPM to 0.16 with the Four-Factor model. Alpha was not significant within any of the equilibrium models across the entire 80-year time period, though was found from 1999 to 2009 in the Three- and Four-Factor models to be associated with a large, significant, and negative risk-adjusted abnormal returns of -33.84%. Volatility varied across specific time periods based upon the financial model employed. This investigation of risk and return within publicly listed pharmacy corporations from 1930 to 2009 found that substantial losses were incurred particularly from 1999 to 2009, with risk-adjusted security valuations decreasing by one-third. Copyright © 2013 Elsevier Inc. All rights reserved.

76 FR 32246 - Uniontown Energy, Inc.; Order of Suspension of Trading

Science.gov (United States)

2011-06-03

... Trading June 1, 2011. It appears to the Securities and Exchange Commission that there is a lack of current... opinion that the public interest and the protection of investors require a suspension of trading in the... Exchange Act of 1934, that trading in the securities of the above-listed company is suspended for the...

Mediating Dynamic Supply Chain Formation by Collaborative Single Machine Earliness/Tardiness Agents in Supply Mesh

Directory of Open Access Journals (Sweden)

Hang Yang

2014-01-01

Full Text Available Nowadays, a trend of forming dynamic supply chains with different trading partners over different e-marketplaces has emerged. These supply chains, which are called “supply mesh,” generally refer to heterogeneous electronic marketplaces in which dynamic supply chains, as per project (often make-to-order, are formed across different parties. Conceptually, in a supply mesh a dynamic supply chain is formed vertically, mediating several companies for a project. Companies that are on the same level horizontally are either competitors or cohorts. A complex scenario such as this makes it challenging to find the right group of members for a dynamic supply chain. Earlier on, a multiagent model called the collaborative single machine earliness/tardiness (CSET model was proposed for the optimal formation of make-to-order supply chains. This paper contributes the particular agent designs, for enabling the mediation of CSET in a supply mesh, and the possibilities are discussed. It is demonstrated via a computer simulation, based on samples from the U.S. textile industry, that by using intelligent agents under the CSET model it is possible to automatically find an ideal group of trading partners from a supply mesh.

Opportunity for peri-urban Perth groundwater trade

Science.gov (United States)

Gao, Lei; Connor, Jeff; Doble, Rebecca; Ali, Riasat; McFarlane, Don

2013-07-01

Groundwater trade is widely advocated for reallocating scarce groundwater resources between competing users, and managing over-allocated and declining aquifers. However, groundwater markets are still in their infancy, and the potential benefits and opportunities need investigation, particularly where there is a need to reduce the extraction from declining aquifers. This article evaluates economic impacts of reducing groundwater extraction for irrigation use in peri-urban Perth, Australia, where irrigation, a lake-based ecosystem, and public water supply are highly dependent on a declining groundwater resource. We present an assessment of market-based water trading approaches to reduce groundwater extraction with an economic model representing diversity in returns to groundwater use across a population of irrigators. The results indicate that potential economic costs of a proportional reduction in available groundwater for irrigation are 18-21% less if groundwater trade is possible. We also evaluate a water buyback from irrigation to provide public water supply as an alternative to new infrastructure. We find that buying back up to around 50% of current irrigation allocations could create new public water supply only at the cost of 0.32-0.39 million per GL, which is less than one fifth of the costs of new desalinisation or recycled water supply options (2-3 million per GL). We conclude that, with rapid development of computer and internet based trading platforms that allows fast, efficient and low cost multiple party trading, it is increasingly feasible to realise the economic potentials of market-based trade approaches for managing overexploited aquifers.

Learning from the blackouts. Transmission system security in competitive electricity markets

Energy Technology Data Exchange (ETDEWEB)

none

2005-07-01

Electricity market reform has fundamentally changed the environment for maintaining reliable and secure power supplies. Growing inter-regional trade has placed new demands on transmission systems, creating a more integrated and dynamic network environment with new real-time challenges for reliable and secure transmission system operation. Despite these fundamental changes, system operating rules and practices remain largely unchanged. The major blackouts of 2003 and 2004 raised searching questions about the appropriateness of these arrangements. Management of system security needs to be transformed to maintain reliable electricity services in this more dynamic operating environment. These challenges raise fundamental issues for policymakers. This publication presents case studies drawn from recent large-scale blackouts in Europe, North America, and Australia. It concludes that a comprehensive, integrated policy response is required to avoid preventable large-scale blackouts in the future.

Green paper - towards a European strategy for the security of energy supply, technical document

International Nuclear Information System (INIS)

2005-01-01

The Green Paper sets forth a series of questions regarding the security of energy in Europe. It addresses the issue of increased consumption and dependence on oil, and sketches out possible strategies for broadening the energy supply and slowing global warming. It draws an alarming picture of the EU energy situation. If no action is taken, it predicts that the EU energy dependency will climb from 50% in 2000 to 70% in 2030. The particular situation for the main imported fossil fuels is described. This technical paper is particularly devoted to the context, the energy sources, the supply disruption, the energy demand, the fuel balance, the energy technology and the transport of fuel in the EU (transit). (A.L.B.)

Impact of Trade Openness and Sector Trade on Embodied Greenhouse Gases Emissions and Air Pollutants

OpenAIRE

Islam, Moinul; Kanemoto, Keiichiro; Managi, Shunsuke

2016-01-01

The production of goods and services generates greenhouse gases (GHGs) and air pollution both directly and through the activities of the supply chains on which they depend. The analysis of the latter—called embodied emissions—in the cause of internationally traded goods and services is the subject of this paper. We find that trade openness increases embodied emissions in international trade (EET). We also examine the impact of sector trade on EET. By applying a fixed-effect model using large...

Environmentally damaging electricity trade

International Nuclear Information System (INIS)

Billette de Villemeur, Etienne; Pineau, Pierre-Olivier

2010-01-01

Electricity trade across regions is often considered welfare enhancing. We show in this paper that this should be reconsidered if environmental externalities are taken into account. We consider two cases where trade is beneficial, before accounting for environmental damages: first, when two regions with the same technology display some demand heterogeneity; second when one region endowed with hydropower arbitrages with its 'thermal' neighbor. Our results show that under reasonable demand and supply elasticities, trade comes with an additional environmental cost. This calls for integrating environmental externalities into market reforms when redesigning the electricity sector. Two North American applications illustrate our results: trade between Pennsylvania and New York, and trade between hydro-rich Quebec and New York.

Online stock trading platform

Directory of Open Access Journals (Sweden)

Ion LUNGU

2006-01-01

Full Text Available The Internet is the perfect tool that can assure the market’s transparency for any user who wants to trade on the stock market. The investor can have access to the market news, financial calendar or the press releases of the issuers. A good online trading platform also provides real-time intraday quotes, trading history and technical analysis giving the investor a clearer view of the supply and demand in the market. All this information provides the investor a good image of the market and encourages him to trade. This paper wishes to draft the pieces of an online trading platform and to analyze the impact of developing and implementing one in a brokerage firm.

Assessing trade-offs in large marine protected areas.

Science.gov (United States)

Davies, Tammy E; Epstein, Graham; Aguilera, Stacy E; Brooks, Cassandra M; Cox, Michael; Evans, Louisa S; Maxwell, Sara M; Nenadovic, Mateja; Ban, Natalie C

2018-01-01

Large marine protected areas (LMPAs) are increasingly being established and have a high profile in marine conservation. LMPAs are expected to achieve multiple objectives, and because of their size are postulated to avoid trade-offs that are common in smaller MPAs. However, evaluations across multiple outcomes are lacking. We used a systematic approach to code several social and ecological outcomes of 12 LMPAs. We found evidence of three types of trade-offs: trade-offs between different ecological resources (supply trade-offs); trade-offs between ecological resource conditions and the well-being of resource users (supply-demand trade-offs); and trade-offs between the well-being outcomes of different resource users (demand trade-offs). We also found several divergent outcomes that were attributed to influences beyond the scope of the LMPA. We suggest that despite their size, trade-offs can develop in LMPAs and should be considered in planning and design. LMPAs may improve their performance across multiple social and ecological objectives if integrated with larger-scale conservation efforts.

India's energy security: A sample of business, government, civil society, and university perspectives

International Nuclear Information System (INIS)

Bambawale, Malavika Jain; Sovacool, Benjamin K.

2011-01-01

This article explores the concept of energy security perceived and understood by a sample of government, business, civil society, and university stakeholders in India. Based on a literature review, the authors hypothesize what energy experts suggest energy security is for India. The article then tests these hypotheses through the use of a survey completed by 172 Indian respondents. The article begins by describing its methodology before summarizing the results of the literature review to distill seven working hypotheses related to energy security in India. These hypotheses relate to (1) security of energy supply, (2) equitable access to energy services, (3) research and development of new energy technologies, (4) energy efficiency and conservation, (5) self-sufficiency and trade in energy fuels, (6) nuclear power, and (7) the energy-water nexus. It then tests these hypotheses with our survey instrument before concluding with implications for energy policy in India and beyond. - Research highlights: → We measured the concept of energy security for India through a survey that tested the importance of 16 dimensions. → For our sample of respondents from India, as hypothesized, security of fossil fuel supply, R and D in new technologies, centralized energy systems, and the availability of clean water emerged as important dimensions. → Equitable access to energy and low energy intensity did not emerge as important dimensions of energy security for our sample even though we hypothesized them to be so.

Conceptualizing and measuring energy security: A synthesized approach

International Nuclear Information System (INIS)

Sovacool, Benjamin K.; Mukherjee, Ishani

2011-01-01

This article provides a synthesized, workable framework for analyzing national energy security policies and performance. Drawn from research interviews, survey results, a focused workshop, and an extensive literature review, this article proposes that energy security ought to be comprised of five dimensions related to availability, affordability, technology development, sustainability, and regulation. We then break these five dimensions down into 20 components related to security of supply and production, dependency, and diversification for availability; price stability, access and equity, decentralization, and low prices for affordability; innovation and research, safety and reliability, resilience, energy efficiency, and investment for technology development; land use, water, climate change, and air pollution for sustainability; and governance, trade, competition, and knowledge for sound regulation. Further still, our synthesis lists 320 simple indicators and 52 complex indicators that policymakers and scholars can use to analyze, measure, track, and compare national performance on energy security. The article concludes by offering implications for energy policy more broadly. -- Highlights: → Energy security should consist of five dimensions related to availability, affordability, technology development, sustainability, and regulation. → The dimensions of energy security can be broken down into 20 components. → These components can be distilled into 320 simple indicators and 52 complex indicators.

Proceedings of the 1999 natural gas lookout and strategies forum : Price and supply outlook, trading and purchasing strategies

International Nuclear Information System (INIS)

Anon.

1998-01-01

A total of 17 papers were presented at this conference, all of them devoted to a discussion of marketing strategies and price and supply outlook within the natural gas industry in North America. The presentations provided a practical and analytical look at where natural gas prices were heading. They also described winning trading and purchasing strategies. The challenges posed by the deregulation and the expected competition in the natural gas industry in North America also received much attention. tabs., figs

Opportunities for Pellet Trade - Towards a Single European Pellet Market

International Nuclear Information System (INIS)

Pigaht, Maurice; Janssen, Rainer; Rutz, Dominik; Boehm, Thorsten; Vasen, Norbert; Vegas, Laura; Karapanagiotis, Nicolas

2006-01-01

The potential for Pellets trade in Europe was researched and assessed. Such trade is of key importance for the development of a European pellet market of sufficient supply, demand, price and quality standards. Three target markets were taken as case studies for the trade assessment: Greece, Spain and Italy. All three markets stand to profit greatly from international trade. For these markets, pellet imports could supply the basis for the development of a domestic boiler market. At the same time, pellet exports would allow the planning of larger pellet production plants. Whilst these additional costs amount to some 10-20% of the Pellets price, they are financially acceptable, especially for new markets and 'peaks' in the demand/supply of established markets

Biophysical and sociocultural factors underlying spatial trade-offs of ecosystem services in semiarid watersheds

Directory of Open Access Journals (Sweden)

Marina García-Llorente

2015-09-01

Full Text Available Biophysical and social systems are linked to form social-ecological systems whose sustainability depends on their capacity to absorb uncertainty and cope with disturbances. In this study, we explored the key biophysical and socio-cultural factors underlying ecosystem service supply in two semiarid watersheds of southern Spain. These included variables associated with the role that freshwater flows and biodiversity play in securing the system's capacity to sustain essential ecosystem services and their relationship with social demand for services, local water governance, and land-use intensification. Our results reveal the importance of considering the invisible dimensions of water and biodiversity, i.e. green freshwater flows and trait-based indicators, because of their relevance to the supply of ecosystem services. Furthermore, they uncover the importance of traditional irrigation canals, a local water governance system, in maintaining the ecosystems' capacity to supply services. The study also highlights the complex trade-offs that occur because of the spatial mismatch between ecosystem service supply (upstream and ecosystem service demand (downstream in watersheds. Finally, we found that land-use intensification generally resulted in losses of the biophysical factors that underpin the supply of some ecosystem services, increases in social demand for less diversified services, and the abandonment of local governance practices. Attempts to manage social-ecological systems toward sustainability at the local scale should identify the key biophysical and socio-cultural factors that are essential for maintaining ecosystem services and should recognize existing interrelationships between them. Land-use management should also take into account ecosystem service trade-offs and the consequences resulting from land-use intensification.

78 FR 76377 - Makism3D Corp.; Order of Suspension of Trading

Science.gov (United States)

2013-12-17

... SECURITIES AND EXCHANGE COMMISSION [File No. 500-1] Makism3D Corp.; Order of Suspension of Trading... protection of investors require a suspension of trading in the securities of Makism3D Corp. (``Makism3D... opinion that the public interest and the protection of investors require a suspension of trading in the...

78 FR 65744 - High End Ventures, Inc., Order of Suspension of Trading

Science.gov (United States)

2013-11-01

... of Trading October 21, 2013. It appears to the Securities and Exchange Commission that there is a... opinion that the public interest and the protection of investors require a suspension of trading in the... Exchange Act of 1934, that trading in the securities of the above-listed company is suspended for the...

Essays on investor behavior and trading activity

OpenAIRE

Kyröläinen, P. (Petri)

2007-01-01

Abstract This thesis investigates a set of equity market phenomena associated with investors' trading activity, using a comprehensive Finnish Central Securities Depository (FCSD) database that records practically all trades by Finnish investors. This database enables us to classify a large number of heterogeneous investors using both economic and institutional characteristics. The first essay classifies investors by trading activity. It analyzes trading styles of active and passive inv...

Enhancing U.S. National Security: The Case for Hemispheric Free Trade

Science.gov (United States)

1992-04-15

and trade and relations with the hemisphere. Part III takes a closer look at the President’s free trade proposal, examining the pros and cons . In Part...objectives? We turn to this question next. FREE TRADE AREAS: PROS AND CONS A free trade area (FTA) can be said to expand economic well- being if it...Riahts Concerns Those who oppose hemispheric free trade on human rights grounds argue that free trade will engender sweatshop conditions in the lower

Energy Security Analysis: The case of constrained oil supply for Ireland

International Nuclear Information System (INIS)

Glynn, James; Chiodi, Alessandro; Gargiulo, Maurizio; Deane, J.P.; Bazilian, Morgan; Gallachóir, Brian Ó

2014-01-01

Ireland imports 88% of its energy requirements. Oil makes up 59% of total final energy consumption (TFC). Import dependency, low fuel diversity and volatile prices leave Ireland vulnerable in terms of energy security. This work models energy security scenarios for Ireland using long term macroeconomic forecasts to 2050, with oil production and price scenarios from the International Monetary Fund, within the Irish TIMES energy systems model. The analysis focuses on developing a least cost optimum energy system for Ireland under scenarios of constrained oil supply (0.8% annual import growth, and –2% annual import decline) and subsequent sustained long term price shocks to oil and gas imports. The results point to gas becoming the dominant fuel source for Ireland, at 54% total final energy consumption in 2020, supplanting oil from reference projections of 57% to 10.8% TFC. In 2012, the cost of net oil imports stood at €3.6 billion (2.26% GDP). The modelled high oil and gas price scenarios show an additional annual cost in comparison to a reference of between €2.9bn and €7.5bn by 2020 (1.9–4.9% of GDP) to choose to develop a least cost energy system. Investment and ramifications for energy security are discussed. - Highlights: • We investigate energy security within a techno-economic model of Ireland to 2050. • We impose scenarios constraints of volume and price derived from IMF forecasting. • Continued high oil prices lead to natural gas supplanting oil at 54% TFC by 2020. • Declining oil production induces additional energy system costs of 7.9% GDP by 2020. • High oil and gas prices are likely to strain existing Irish gas import infrastructure

A Study of Customer Satisfaction on Online Trading System Application of Securities Company in Indonesia Using Servqual

Directory of Open Access Journals (Sweden)

Hery Hery

2015-05-01

Full Text Available The purpose of this study is to measure the service  quality of online trading system implemented by PT  KDB  Daewoo  Securities  Indonesia.  The study is  a part of the company  efforts to provide  the best solution  services. The study  is performed   to determine the influence of service quality  factors on the customer satisfaction by means of ServQual  method. The method takes  into account  five  independent  variables,  namely, reliability (X1 ,  responsiveness  (X2 ,  assurance  (X3 , empathy (X4 , and tangibility (X5 . Meanwhile,  the cus- tomer satisfaction is considered as the dependent variable (Y . The population of of the study  is all 67 900 online traders at the company and the sample size is 265 traders. The data are collected via questionnaires and interviews. From the study results, we conclude that the five variables have  significant  influence  on the customer  satisfaction on the online trading system application   at PT KDB Daewoo Securities Indonesia. To  improve  the customer satisfaction, the company  should prioritize the quality- related factors,  and expand  and upgrade  the existing facilities and infrastructures.

World trade in forest products and wood fuel

International Nuclear Information System (INIS)

Hillring, Bengt

2006-01-01

Wood fuel is a strategic resource for future energy supply and is usually utilised locally. Traditional use of wood fuel and other bioenergy has a share of 10-15% energy supply, used mainly for the household sector. The utilisation for industrial purposes is much smaller but is a strategic resource in the effort to fulfil the Kyoto agreement to replace fossil fuels and to mitigate greenhouse gas emissions. Many industrialised countries already use a significant share of biofuels in their energy supply e.g. Nordic countries while others like some other European Union countries are planning to increase their use. Production and use of biofuels need to be carried out sustainable. Official statistics do not report trade in such detail that international trade in different biomass types can be fully identified. However, FAO and European Forestry Institute are important sources. In some countries, there is a growing interest in the international trade, because the trade can provide biofuels at lower prices, larger quantities and better quality than domestic alternatives. The first signs of an international market price for wood fuel are indicated in Europe. For the future both the use and the trade of wood fuel is expected to increase. Analyses for trade in charcoal, wood chips, fuel wood and wood residues made in this report identify 'hot' trade spots in Europe, in south East Asia and in North America

The Regulation of Nuclear Trade: Non-Proliferation-Supply-safety

International Nuclear Information System (INIS)

1988-01-01

Volume II of the study on the regulation of nuclear trade deals with the national legislation of OECD countries with significant nuclear programmes and regulations in that field and, in essence, covers two aspects. The first concerns political and administrative controls over imports and exports of sensitive products, namely fissile materials and large nuclear equipment as well as technology transfers. In most cases, this description of the provisions applicable is completed with the list of nuclear items whose export is restricted. The second aspect concerns the licensing system governing trade in as well as the import and export of nuclear material to protect users and the public against the hazards created by its radioactive properties. This volume also contains information on regulations concerning physical protection, industrial property and transport, as well as on multilateral and bilateral agreements involving nuclear trade. (NEA) [fr

Firm Based Trade Models and Turkish Economy

Directory of Open Access Journals (Sweden)

Nilüfer ARGIN

2015-12-01

Full Text Available Among all international trade models, only The Firm Based Trade Models explains firm’s action and behavior in the world trade. The Firm Based Trade Models focuses on the trade behavior of individual firms that actually make intra industry trade. Firm Based Trade Models can explain globalization process truly. These approaches include multinational cooperation, supply chain and outsourcing also. Our paper aims to explain and analyze Turkish export with Firm Based Trade Models’ context. We use UNCTAD data on exports by SITC Rev 3 categorization to explain total export and 255 products and calculate intensive-extensive margins of Turkish firms.