More on Risk and Energy Infrastructure Volume II: Value Chains, Stakeholders and Black Swans

First published in 2011, Risk and Energy Infrastructure (Volume I) provided an inter-disciplinary analysis of the project-specific risk factors facing cross-border oil and gas pipelines, together with risk allocation and mitigation methodologies. Our fully updated and comprehensive Volume II looks beyond oil and gas pipelines and considers energy infrastructure more broadly in several important respects:

• risk is examined in relation to gas and LNG infrastructure, oil transportation and refining, and low-carbon power production (eg, nuclear and renewable energy);
• risk analysis is expanded beyond project-specific risk factors and covers systematic risks (including economic sustainability, master planning, corruption, lack of public sector capacity and cyber-security) and other risk factors that arise in the development of any project which is part of a more complex value chain and/or interdependent with the success or failure of other matters or events; and
• traditional assumptions underpinning project finance that focus on areas that are reflective of past events and experiences are challenged.

As political, social and technological landscapes become ever more complex, there is an increasing need to assess risk from a broader perspective and, in particular, against potentially disruptive events and developments (eg, climate change) which could act to undermine (or promote) entire energy or infrastructure sectors.

The book will provide a practical guide to energy infrastructure developers, legal and financing professionals, policy makers and academics.