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Presents the text of an interview conducted by Ambassador Extraordinary Boris Piadyshev with Dr. Srecko Djukic, Serbia's ambassador to the Republic of Belarus & a former member of Serbia's Moscow embassy staff. Attention is given to Djukic's latest book, Energy Time: More Than Diplomacy, which explores the importance of the energy crisis & new global energy security problem. Much of the focus is on Russia's global energy policy & the political agenda behind the raising of "Russian oil & gas as a threat issue." The availability of oil is discussed in relation to sudden price changes. The book addresses alternative energy sources to suggest that diversification is the key to today's energy diplomacy. Djukic emphasizes the need for participants in the "big energy game" to consider each other's interests & maintains that Russia has the greatest energy potential of any country. Other issues discussed include the importance of natural gas; the relationship between producers & consumers of energy resources; the European oil/gas pipeline system; & Serbia's place in the European energy network. Adapted from the source document.

"This book examines the energy footprints of various industrial sectors, including the bio- and hydrogen energy systems, and explores the scope for improvement, particularly in India. It focuses on the consumption and conservation of energy, which are the key elements of any industry's sustainability strategy."--

International audience ; In Europe, energy efficiency obligations are imposed on energy retailers competing in liberalized energy markets. They comply by subsidizing energy efficiency investments made by energy end-users within or outside their customer base. We develop a model describing how competition in the energy market affects compliance strategies. We find that, instead of selecting the most cost-effective investments options, firms may either target their most elastic customers, which enables them to increase their retail price, or their competitor's customers, which protects their sales. Allowing firms to trade obligations can restore cost-effectiveness, but reduces consumer surplus. Overall, the degree of flexibility that should be incorporated into such programs crucially depends on the degree of heterogeneity across investment costs and the relative weights governments assign to cost-effectiveness and consumer surplus.

International audience ; In Europe, energy efficiency obligations are imposed on energy retailers competing in liberalized energy markets. They comply by subsidizing energy efficiency investments made by energy end-users within or outside their customer base. We develop a model describing how competition in the energy market affects compliance strategies. We find that, instead of selecting the most cost-effective investments options, firms may either target their most elastic customers, which enables them to increase their retail price, or their competitor's customers, which protects their sales. Allowing firms to trade obligations can restore cost-effectiveness, but reduces consumer surplus. Overall, the degree of flexibility that should be incorporated into such programs crucially depends on the degree of heterogeneity across investment costs and the relative weights governments assign to cost-effectiveness and consumer surplus.

International audience ; In Europe, energy efficiency obligations are imposed on energy retailers competing in liberalized energy markets. They comply by subsidizing energy efficiency investments made by energy end-users within or outside their customer base. We develop a model describing how competition in the energy market affects compliance strategies. We find that, instead of selecting the most cost-effective investments options, firms may either target their most elastic customers, which enables them to increase their retail price, or their competitor's customers, which protects their sales. Allowing firms to trade obligations can restore cost-effectiveness, but reduces consumer surplus. Overall, the degree of flexibility that should be incorporated into such programs crucially depends on the degree of heterogeneity across investment costs and the relative weights governments assign to cost-effectiveness and consumer surplus.

International audience ; In Europe, energy efficiency obligations are imposed on energy retailers competing in liberalized energy markets. They comply by subsidizing energy efficiency investments made by energy end-users within or outside their customer base. We develop a model describing how competition in the energy market affects compliance strategies. We find that, instead of selecting the most cost-effective investments options, firms may either target their most elastic customers, which enables them to increase their retail price, or their competitor's customers, which protects their sales. Allowing firms to trade obligations can restore cost-effectiveness, but reduces consumer surplus. Overall, the degree of flexibility that should be incorporated into such programs crucially depends on the degree of heterogeneity across investment costs and the relative weights governments assign to cost-effectiveness and consumer surplus.