Techno-economic modellingto strategize energyexportsinthe Central AsianCaspian region

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Date

2017-03-27

Authors

Bakdolotov, Aidyn
De Miglio, Rocco
Akhmetbekov, Yerbol
Baigarin, Kanat

Journal Title

Journal ISSN

Volume Title

Publisher

Heliyon

Abstract

This paper studies the concept of energy security from export-oriented countries’ point ofview. 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 aquantification 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 it ssensitivity to different export strategies.

Description

Keywords

Energy, Economics, Environmental science, Research Subject Categories::SOCIAL SCIENCES

Citation

Bakdolotov Aidyn et al.(>3), 2017(March 27), Techno-economic modellingto strategize energyexportsinthe Central AsianCaspian region, Heliyon