Changing Dynamics and Risks in World Energy: The Way Forward

  • Mehmet Öğütçü


The energy world has been going through some “game-changing” developments arising from strong demand growth in emerging economies, new supply sources, fuel diversification, technological innovations, “resource nationalism”, investment decline, climate change and CO2 trading, as well as changing geopolitical dynamics. This paper discusses the changing dynamics of the world energy, and emerging new risks in the energy industry and major regions of production, transit and consumption. It also elaborates on the problems of energy “dependence,” “independence,” and “interdependence” before setting out the future path in the world energy and messages for key stakeholders on key energy dynamics and risks.


Energy Security World Energy Council National Intelligence Council Geopolitical Tension Southern Corridor 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


  1. Badida J (2013) The golden age of natural gas in Europe? (Perspectives on the European Gas Industry). Retrieved from
  2. Bettinger M, Finel BI, Mesnikoff A, Prentice-Dunn J, Ross L (2010) Ending our dependence on oil. American Security Project Sierra Club. Retrieved from
  3. Bizshifts-Trends (2011) Rise of a global economic super-power: BRIC (Brazil, Russia, India, China)? (Major emerging global markets or new world order?). Retrieved from“bric”-brazil-russia-india-china-major-emerging-global-markets-or-new-world-order/
  4. Dejevsky M (2012) Wake up: these new sources of energy will change the world. The Independent. Retrieved from Http://
  5. Ebinger CK, Avasarala G (2012) The energy-poor BRIC. The Indian Express. Retrieved from
  6. Enoe M, He Y, Pohnan E (2012) Lessons learned: a path toward responsible development of China’s shale gas resources. Retrieved from
  7. Exxon Mobil (2012) The 2013 outlook for energy: a view to 2040. Retrieved from
  8. Foss MM (2011) The outlook for U.S. gas prices in 2020: Henry Hub at $3 or $10. The Oxford Institute for Energy Studies. Retrieved from
  9. Goodrich L, Lanthemann M (2013) The past, present and future of Russian energy strategy. Retrieved from
  10. Gorenburg D (2013) Russia and China vie for influence in Central Asia. Retrieved from
  11. Hook L (2012) China: risk of conflict over resources in deep water. Financial time. Retrieved from
  12. International Energy Agency (2012) IEA sets out the “golden rules” needed to usher in a golden age of gas. Retrieved from,27266,en.html
  13. Kilyakov A (2012) Gazprom may lose its position. Retrieved from
  14. Kolbert E (2011) The nuclear risk. The New Yorker. Retrieved from
  15. KPMG (2011) China’s chemical industry: the new forces driving change. Retrieved from
  16. Öğütçü C, Öğütçü M (2010) Is the middle kingdom new ‘Economic Messiah’? Today’s Zaman. Retrieved from
  17. Öğütçü M (2013) Natural gas as the game-changer: implications for, and actions from, Turkey. Today’s Zaman. Retrieved from
  18. Oswald K, Doerler J, Seth A (2012) The future of the European gas supply. Retrieved from
  19. Press Release (2009) United Nations. Retrieved from
  20. The Independent (2010) Twice the energy, half the emissions. Retrieved from
  21. The Independent (2013) Why achieving a cleaner energy economy involves a series of difficult choices. Retrieved from
  22. The World Nuclear Industry Status Report (2012) The World Nuclear Industry Status Report-2012, Retrieved from
  23. U.S. National Intelligence Council (2012) Global trends 2030: alternative worlds. Retrieved from
  24. Williams J (2012) Shale gas: an American success story. Speech presented at Shale Gas Insight 2012 Conference & Exhibition, Philadelphia Convention CenterGoogle Scholar
  25. World Economic Forum (2011) Energy vision update 2011. A new era for gas. Retrieved from
  26. World Energy Council (2013) Energy policy scenarios to 2050. Retrieved from

Copyright information

© Springer-Verlag Berlin Heidelberg 2014

Authors and Affiliations

  1. 1.Global Resources CorporationLondonUK

Personalised recommendations