CAR (CEPMLP Annual Review)

What Are The External Costs Of Air Borne Pollution From Thermal Power Plants: A Case Study Of Coal-Fired Plants In Germany?

Lawal Dayo 04 June, 2009 The aim of this paper is to estimate the external cost of airborne pollutants (carbon dioxide, Nitrogen oxides, sulphur oxides and particulate matters) generated by coal-fed electricity plants over 50MW capacity during electricity production in Germany. Fifteen major power stations ...

Is The Notion Of ‘Independent Regulation’ As A Panacea For Internal Energy Market Liberalization Synonymous With ‘Complete Autonomy’?

Ernest Enobun 04 June, 2009      Sector Specific Regulation is an innovation towards liberalization reforms in the EU energy sector. However, where ‘regulation’ alone may not meet the requirements of a well-supervised implementation of energy reforms due to vulnerability to external influences, the notion of ...

Federal Countries: An Insight Into The Forces That Influence Development In Regional Economies

Tomás Chevallier-Boutell 04 June, 2009 The Resource Curse is known as a phenomenon observed in natural resource rich countries where natural wealth has a negative impact in development.  The so-called Dutch Disease is blamed as one of the main causes of this negative outcome.  However, ...

The Umbrella Clause: A Panacea For Contractual Instability? A Look At Production Sharing Contracts

Nkiru Okobi 04 June, 2009 Foreign investments are made through contracts between a foreign investor and a producing state. The terms of the early concession agreements, mostly negotiated during the colonial era, were to last for long periods of time and were seen as exploitative ...

What Is The Justification For The Proposed Renegotiations Of Deep Offshore Production Sharing Contracts In Nigeria?

Oboarenegbe Idornigie 04 June, 2009 The unprecedented rising crude oil prices has prompted most oil rich host governments to revisit their petroleum contracts with International Oil Companies with a view to renegotiating the fiscal terms to reflect current developments. Nigeria is the latest country to ...

Is It Economically Justified For Oil Producing Countries To Use Production Sharing Agreements? A Case Study Of Kazakhstan

Aigerim Kuzhimova 04 June, 2009 The first Kazakhstan Production Sharing Agreement was signed in the early 1990s when the country had experienced a difficult economic situation due to the consequences of the collapse of the Soviet Union. These 16 years of independence significantly influenced Kazakhstan’s ...

Does Energy Consumption Cause Economic Growth? An Empirical Evidence From Nigeria

Olatunji Adeniran 04 June, 2009 Arguably, energy plays a vital role in economic and social development. Hence, many studies have attempted to test for the direction of causality between energy consumption and economic growth; however, no consensus has emerged. This research, therefore, tests for causal ...

The Quest For Energy In China’s Transport Sector: What Will Be The Effect On Global Energy Demand?

Bankole Akinyosoye 04 June, 2009 China’s transport sector has been described as being successful in the last few years. This is consequent upon the rapid developments in this sector as well as the remarkable improvements in the economic growth of the country. However, with the ...

Meeting The Demand For Petroleum Products In Year 2020: What Is The Road Map For Ghana”?

Easmon Asamoah 04 June, 2009 An adequate and reliable supply of petroleum products plays a vital role in the sustainable development of nations. Efficient refining capacity is therefore required. However, the lead time for refineries is long and the project is very expensive. Hence good ...

PDVSA´s Oil Production Business Plan 2005-2012 (Orinoco´S Project). Can Pdvsa Increase It Production Levels? Internal And External Challenges

Carlos Bellorín Nuñez 04 June, 2009 The PDVSA´s Oil Production Business Plan (Orinoco´s Project) in its first stage 2005-2012 consists in increasing the current PDVSA´s intensely debated oil production levels to 5.8 millions b/d within a period of 7 years. According to PDVSA´s ‘top brass’, this ...