Readings in the UK energy security

Abdo, H. ORCID: 0000-0001-9279-0035 and Kouhy, R., 2016. Readings in the UK energy security. Energy Sources, Part B: Economics, Planning, and Policy, 11 (1), pp. 18-25. ISSN 1556-7249

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Abstract

Over the last few decades, the debate about 'Peak Oil' became increasingly common and frustrating to governments, oil companies and individuals. Also in the last decade or so, some unusual events took places, which have raised the concern about the future of energy resources.i These events lead policy makers to consider what is known today as 'Energy Security'. The UK is one of these countries that fears the unknown future should petroleum resources worldwide become scarce or vanish. After the dwindling of the North Sea production, the UK found itself on the brink of losing its energy self-sufficiency (Macalister, 2010). This paper sets the following questions: has the UK’s oil and gas production peaked yet? If so, does the UK have a serious energy security problem? and if so, how this problem may be solved and what are the possible short, medium and long-term solutions for such a concern? In answering these questions, the paper discusses the concerns and challenges to the UK energy security and brings about the Government plans for tackling these concerns. It is found that the UK does not experience an energy security problem on the short to medium-term, but it may suffer energy insecurity on the longer-term.

Item Type: Journal article
Publication Title: Energy Sources, Part B: Economics, Planning, and Policy
Creators: Abdo, H. and Kouhy, R.
Publisher: Taylor & Francis
Date: 2016
Volume: 11
Number: 1
ISSN: 1556-7249
Identifiers:
NumberType
10.1080/15567249.2011.588669DOI
Divisions: Schools > Nottingham Business School
Depositing User: Linda Sullivan
Date Added: 04 Jan 2017 14:46
Last Modified: 30 Sep 2017 03:00
URI: http://irep.ntu.ac.uk/id/eprint/29570

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