Browsing by Author "Aidyn, Bakdolotov"

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    Techno-economic modelling to strategize energy exports in the Central Asian Caspian region
    (Heliyon, 2017-04-01) Bakdolotov, Aidyn; Miglio, Rocco De; Akhmetbekov, Yerbol; Baigarin, Kanat; Aidyn, Bakdolotov
    Abstract This paper studies the concept of energy security from export-oriented countries’ point of view. It aims to test the effects of long-term energy export strategies in the Central Asian Caspian (CAC) region, by exploring the trade-offs between a “risk” indicator and some key variables of the energy system such as the total cost, the quantities exported, and the corresponding revenues. Risk reduction goals are combined with securing a minimum level of revenues from the hydrocarbon exports goals. It is also attempted to provide a definition and a quantification of a risk indicator on the basis of four components.The analysis makes use of a techno-economic energy system model to quantitatively evaluate the response of the energy sector to energy security risks, and its sensitivity to different export strategies.