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International Energy Trade
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International Energy Trade

A special issue of Energies (ISSN 1996-1073). This special issue belongs to the section "C: Energy Economics and Policy".

Deadline for manuscript submissions: closed (31 January 2022) | Viewed by 13963

Special Issue Editor

Dr. Svetlana Ikonnikova

E-Mail Website
Guest Editor
The Center for Energy Markets, Technical University Munich School of Management, Arcisstraße 21, 80333 München, Germany
Interests: energy and environmental economics; energy transition

Special Issue Information

Dear Colleagues,

Energy is a critical input factor for every sector of the global economy. Still, many countries lack ample energy resources and turn to the international energy trade to fuel their economic growth and competitiveness. The international energy trade helps to manage and is crucial for energy affordability, availability, and reliability, playing a central role in the energy transition and the global energy future and its environmental sustainability. This Special Issue on “International Energy Trade” will emphasize the role of international trade in energy research and the future environmental and economic sustainability of the world.

The Special Issue invites multidisciplinary research focused on developments in the international energy trade at regional and global levels and offering insights about possible future projections. Areas of interest include, but not limited to the following:

  • The role of the new resources, technologies, infrastructure, and regulatory developments in the international energy markets;
  • The effect of new technologies in interfuel substitution on global trade dynamics;
  • The changing global energy flows map and national energy trade balances with the increasing influence of Asian and other fast-growing economies;
  • Implications of the investments, innovations, and the global energy industry dynamics for long-term energy trade developments.

The Special Issue welcomes theoretical, applied, and empirical studies recognizing the importance of both the development of appropriate methods and fact-based understanding.

Prof. Dr. Svetlana Ikonnikova
Guest Editor

Manuscript Submission Information

Manuscripts should be submitted online at www.mdpi.com by registering and logging in to this website. Once you are registered, click here to go to the submission form. Manuscripts can be submitted until the deadline. All submissions that pass pre-check are peer-reviewed. Accepted papers will be published continuously in the journal (as soon as accepted) and will be listed together on the special issue website. Research articles, review articles as well as short communications are invited. For planned papers, a title and short abstract (about 100 words) can be sent to the Editorial Office for announcement on this website.

Submitted manuscripts should not have been published previously, nor be under consideration for publication elsewhere (except conference proceedings papers). All manuscripts are thoroughly refereed through a single-blind peer-review process. A guide for authors and other relevant information for submission of manuscripts is available on the Instructions for Authors page. Energies is an international peer-reviewed open access semimonthly journal published by MDPI.

Please visit the Instructions for Authors page before submitting a manuscript. The Article Processing Charge (APC) for publication in this open access journal is 2600 CHF (Swiss Francs). Submitted papers should be well formatted and use good English. Authors may use MDPI's English editing service prior to publication or during author revisions.

Keywords

  • global energy markets
  • new energy resources and technologies
  • interfuel competition and international trade
  • energy transition and energy systems dynamics

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Published Papers (3 papers)

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Research

30 pages, 12619 KiB  
Article
Global Liquified Natural Gas Trade under Energy Transition
by Ning Lin and Robert E. Brooks
Energies 2021, 14(20), 6617; https://doi.org/10.3390/en14206617 - 13 Oct 2021
Cited by 4 | Viewed by 3262
Abstract
With the recent rising attention and debates on the role of natural gas, especially liquid natural gas, in energy transition, it is critical to have a consistent approach in assessing uncertainties and dynamics in the global gas market during the next two to [...] Read more.
With the recent rising attention and debates on the role of natural gas, especially liquid natural gas, in energy transition, it is critical to have a consistent approach in assessing uncertainties and dynamics in the global gas market during the next two to three decades. There are two objectives of this paper. The first one is to estimate and discuss the impacts of the global liquified natural gas (LNG) trade under a low-carbon scenario using a partial equilibrium model. The second objective is to discuss the role of a structural economic model in empirical analysis and strategy design under a regime shift, such as an energy transition, for the global natural gas market. Full article
(This article belongs to the Special Issue International Energy Trade)
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26 pages, 11789 KiB  
Article
The Energy Transition and Shifts in Fossil Fuel Use: The Study of International Energy Trade and Energy Security Dynamics
by Sofia Berdysheva and Svetlana Ikonnikova
Energies 2021, 14(17), 5396; https://doi.org/10.3390/en14175396 - 30 Aug 2021
Cited by 44 | Viewed by 5314
Abstract
The global energy mix is undergoing an accelerating transformation driven by new resources, novel technologies, and climate change-related commitments. Changes in the use and availability of energy resources have affected fossil fuels (coal, oil, and natural gas) trade patterns. Some economies enjoy increasing [...] Read more.
The global energy mix is undergoing an accelerating transformation driven by new resources, novel technologies, and climate change-related commitments. Changes in the use and availability of energy resources have affected fossil fuels (coal, oil, and natural gas) trade patterns. Some economies enjoy increasing energy independence, whereas others become more dependent on imports to satisfy their energy needs. Using 2000–2018 United Nations Commodity trade and International Energy Agency energy- and monetary-flow data, we examine the evolution of the international network of energy flows to reveal new patterns and understand their energy security implications. Our work explores how the growth in the U.S. unconventional resources, European Union renewable energy, China’s natural gas consumption, and changes in other country energy flows affect economy positions and trade-network connectivity. Testing the small-world property helps us understand the diffusion of new technologies, including energy-demand electrification and renewable energy adoption. A modified energy-security index is introduced to highlight the interplay between fuel type and trade partner diversification and domestic supply and consumption balance. The results provide insights about the energy transition and its effect on the international network of energy flows and energy security. Full article
(This article belongs to the Special Issue International Energy Trade)
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17 pages, 1317 KiB  
Article
Impacts of Reverse Global Value Chain (GVC) Factors on Global Trade and Energy Market
by Byeongho Lim, Jeongho Yoo, Kyoungseo Hong and Inkyo Cheong
Energies 2021, 14(12), 3417; https://doi.org/10.3390/en14123417 - 9 Jun 2021
Cited by 5 | Viewed by 3988
Abstract
Since the outbreak of COVID-19 and the American decoupling policy, the global value chains (GVCs) have been switched to regional GVCs, and, in the worst case, are subject to a potential alteration of reversing the GVCs, ultimately entailing a severe impact on international [...] Read more.
Since the outbreak of COVID-19 and the American decoupling policy, the global value chains (GVCs) have been switched to regional GVCs, and, in the worst case, are subject to a potential alteration of reversing the GVCs, ultimately entailing a severe impact on international trade and the global energy market. This paper applies a quantitative approach using a computational general equilibrium (CGE) model to estimate the effects of the reverse GVC factors on the global economy, trade, and energy market. These reverse GVC factors will decrease the global GDP, and such effect will bring a greater influence on both China as well as the United States, which is pursuing decoupling. The increased trade costs due to these factors will reduce the GVC indices, mostly in ASEAN by 0.2~1.15%, followed by Korea, Japan and China. Surprisingly, the GVC index in the United States is expected to be strengthened due to the enhanced GVC with its allies such as Canada and Mexico. In China, the use of oil, gas and petroleum is expected to decrease by around 10%, and similar effects are expected in Korea and the EU. Among the world’s major energy producers, it is estimated that the US will reduce energy exports by 16–62% depending on the energy source, and the Middle East and Russia will significantly reduce their gas exports. The global energy market is shrinking, but in particular, the international gas market is expected to decrease by 27.3~38.6%. Full article
(This article belongs to the Special Issue International Energy Trade)
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