Measuring risk in fuel supply chains

Axon, Colin J.; Darton, Richard C.

doi:10.1016/j.spc.2021.09.011

Cited by 9 publications

(14 citation statements)

References 60 publications

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“…To enable comparisons with fuels on the supply-side of the energy balance, the series of activities directed at reducing energy demand is considered as a sequence of six stages: exploring, exploiting, conditioning, converting, distributing, using (Axon and Darton, 2021a). For some fuels some consecutive stages may be combined, and this is the case with DR. By generalising the activities for all DR supply chains, we obtain the descriptions in Table 1.…”

Section: Methodsmentioning

confidence: 99%

“…Those operating the supply chains of individual fuels have little enough incentive to reduce the volumes being sold, and DR is better considered as a 'negafuel' with signi cant value itself, having a crucial role in reducing carbon emissions. A framework has been devised for assessing risk in fuel supply chains to assist in analysing energy security (Axon and Darton, 2021a). This requires DR to be considered as a 'negative fuel' -negafuel -comprising two elements: energy e ciency through use of or redesign of devices (appliances and processes), and change in behaviour by people.…”

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confidence: 99%

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Energy Demand Reduction as a Supply Chain: What are the Risks?

Axon

Darton

2023

Preprint

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Demand Reduction is a strategy with the potential to make a significant contribution to the energy supply/demand balance. Its two major themes are improving the energy efficiency of devices (appliances and processes) and changing people’s behaviour towards using less energy. In our analysis of a nation’s energy security, we treat Demand Reduction as an additional fuel which delivers ‘negafuel’, allowing a particular level of energy services to be met at a lower volume of supply than would be possible in its absence. In common with other fuels, negafuel is delivered by a supply chain with linked stages, all encountering risks of various types. A comprehensive survey of these risks in a case study of the UK, shows that Demand Reduction belongs to a middle-ranking group of fuels in terms of overall risk. High-level risks encountered include the difficulty of assessing and delivering potential energy savings, the rate of building construction at the highest energy efficiency standards, optimism bias, changing policy and regulation, and operational failure (both of technology and policy). Assessing the risk of Demand Reduction as a supplied negafuel focuses attention on specific risks requiring mitigation, facilitating design of better policy and more effective commercial products.

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Section: Methodsmentioning

confidence: 99%

mentioning

confidence: 99%

Energy Demand Reduction as a Supply Chain: What are the Risks?

Axon

Darton

2023

Preprint

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“…Along with CCUS, RM of CCUS has received much attention comparatively, but the number is far lower (54) compared to the overall articles published (1580) on CCUS. However, the number of publications on CCUS SC remains limited (48), whereas the CCUS SC RM remains a new exploration field for the researchers (Appendix A). From the descriptive statistics, it can be pointed out that there is an enormous opportunity to work on CCUS SC RM and contribute to the literature.…”

Section: Descriptive Statisticsmentioning

confidence: 99%

“…Researchers have extensively explored the effects of risks on SC disruptions, recovery efforts, and resilience-building me [38,39,43,44,47]. Government regulations and policies can significantly impact SC tions and decision-making processes, necessitating adaptation and alignment stra with evolving regulations [48,49]. Ref.…”

Section: Understanding Literaturementioning

confidence: 99%

“…Additional risk and product returns impact agricultural SCs, highlighting the importance of understanding factors contributing to returns and mitigation strategies [54]. Financial risks in SCs underscore the need for RM practices [38,48,55]. Environmental risks and their impact on SCs call for sustainable practices and proactive measures [38,44,45,47,48,74].…”

Section: Sc Sectorsmentioning

confidence: 99%

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Carbon Capture, Utilization, and Storage Risks from Supply Chain Perspective: A Review of the Literature and Conceptual Framework Development

Kabir,

Khan,

Kabir

2024

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The technology called carbon capture, utilization, and storage (CCUS) is important for capturing CO2 emissions before they enter the air. Because everyone wants to stop global warming by reducing CO2 emissions, CCUS is an important and emerging technology that can help slow down climate change, lower emissions in many areas, and support the move toward a sustainable and carbon-neutral future. As CCUS technology and its adaptation increases, it is very important to pay attention to the CCUS risks from a supply chain (SC) point of view. The goal of this study was to identify CCUS supply chain risks and develop a conceptual framework (CF) that provides a structured approach to ensure safe and reliable CCUS supply chain operations. Therefore, this study analyzed the literature related to the SCs of different sectors and identified the SC risks, which was the foundation for CCUS SC risk identification. This study demonstrates that there is no research article that provides a comprehensive CCUS SC risk management framework that connects with risk management strategies. The conceptual framework that is proposed in this study connects CCUS SC functions, risks, and risk management strategies to construct a complete CCUS supply chain risk management system. Moreover, the CF provides guidelines for future research, which will enrich the CCUS supply chain risk management system as well as fight climate change.

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Energy Demand Reduction: supply chains and risk analysis

Axon,

Darton

2023

Energy Efficiency

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Demand Reduction is a strategy with the potential to make a significant contribution to the energy supply/demand balance. Its two major themes are improving the energy efficiency of devices (appliances and processes) and changing people’s behaviour towards using less energy. In our analysis of a nation’s energy security, we treat Demand Reduction as an additional fuel which delivers ‘negafuel’, allowing a particular level of energy services to be met at a lower volume of supply than would be possible in its absence. In common with other fuels, negafuel is delivered by a supply chain with linked stages, all encountering risks of various types. A comprehensive survey of these risks in a case study of the UK shows that Demand Reduction belongs to a middle-ranking group of fuels in terms of overall risk. High-level risks encountered include the difficulty of assessing and delivering potential energy savings, the rate of building construction at the highest energy efficiency standards, optimism bias, changing policy and regulation, and operational failure (both of technology and policy). Assessing the risk of Demand Reduction as a supplied negafuel focuses attention on specific risks requiring mitigation, facilitating design of better policy, and more effective commercial products.

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Measuring risk in fuel supply chains

Cited by 9 publications

References 60 publications

Energy Demand Reduction as a Supply Chain: What are the Risks?

Energy Demand Reduction as a Supply Chain: What are the Risks?

Carbon Capture, Utilization, and Storage Risks from Supply Chain Perspective: A Review of the Literature and Conceptual Framework Development

Energy Demand Reduction: supply chains and risk analysis

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