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The EU is committed to reducing its greenhouse gas (GHG) emissions to 80–95 per cent below 1990 levels. So far, the electricity sector has been the main focus of EU low-carbon policies, but if Europe is to meet its objectives, decarbonization efforts will need to expand to other sectors. Heat and transport are the next […]
The recent movements in the oil price complex indicate some deep dislocations between the physical and futures markets and in market expectations about current and future oil market fundamentals. Despite the various supply shocks hitting the oil market, the general deterioration in the geopolitical backdrop and the rise in US-Iran tensions, the Brent price has […]
LNG spot prices in Asia have fallen sharply in the last 6 months as the supply coming on to the market has outstripped demand. With oil prices remaining above $70/b this has opened up a wide gap with oil linked long term contract prices. Are we seeing the beginning of a systematic decoupling of spot […]
The number of natural gas vehicles (NGVs) worldwide continues to grow though there are major differences between countries both in terms of levels of penetration and underlying drivers. NGVs have some environmental advantages over petroleum-based fuels – particularly if biomethane is available – and, in many markets, are cheaper. However, the prospects for NGVs in […]
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The contamination of the Druzhba pipeline with organic chlorides became the most serious interruption of oil supplies in the 55-year history of oil trade on this key route. While it appears to be a one-off event that has not brought about loss of life or affected the environment, the scale of the incident is such […]
Trilateral talks between the EU, Russia and Ukraine on gas transit through Ukraine after 1 January 2020 – that is, after the expiry of the current transit contract – are due to resume in late May. Gazprom’s transit diversification projects, Nord Stream 2 and Turkish Stream, will not be operating at full capacity by that […]
In this Podcast Jonathan Stern discusses the third Ladies Rieker Casual Warm Lined Boots Y4590Dansko shoes Womens US 8.5 Brown Leather Slip On Clog Button Mule ComfortSteve Madden Women's Elouise Fashion Sneaker pink gold - Size 7.5M New - RH4212paper in his narrative of on the Future of Gas, entitled “Narratives for Natural Gas in Decarbonising European Energy Markets?”. In conversation with David Ledesma, Professor Stern returns to the theme of decarbonisation in Europe and asserts that the time has now come for the gas industry […]
After the recent oil price declines in mid-2014, Middle East and North Africa (MENA) oil exporters including Kuwait reduced energy subsidies and passed economic diversification-enhancing policies in an attempt to improve fiscal balance and economic sustainability. This paper argues that these economies already have a diversified base but this base has not contributed to export Womens J Slides Women's Amberr bluee Satin Fashion Sneakers shoes Size 10 NEW
China’s Five Year Plan envisages increased gas use at the expense of coal with the aim of improving the physical environment in the country. But increased gas use depends both on government policy and on pricing. Gas price reform has been a slow-moving work in progress. Even the recent – very modest – cut in […]
Before the recent announcement on Iran sanction waivers, the base case for most analysts was that the US would renew the waivers allowing a few buyers to continue importing limited quantities of Iranian oil. The logic behind this thinking was very simple: the Trump administration would not risk an oil price spike that could endanger […]
The number of Natural Gas Vehicles (NGVs) worldwide continues to grow though there are major differences between countries both in terms of levels of penetration and underlying drivers. NGVs have some environmental advantages over petroleum-based fuels – particularly if biomethane is available – and, in many markets, are cheaper. However, the prospects for NGVs in […]Imagine By Vince Camuto Devin Heeled Sandal, 6.5
The Russian refining system still has a significant legacy from its Soviet past, when refineries were located in relatively remote regions to serve the military and industrial complex and output of fuel oil was encouraged to supply heavy industry. However, this focus on the lower end of the barrel left a significant need for upgrading […]
In May 2019 we will be holding our annual Brainstorming event.
Amongst other topics the issues dicussed at the meeting will cover:
• Storm Clouds Brewing for the Global Economy?
• Geo-Politics of Energy: Chaos theory tests oil’s resilience
• Oil Market Dynamics: Back to Square one?
• Crude oil pricing systems in flux
• Dynamics of Gas Markets
• Climate Change, Technology and the Electricity Sector
We aim to bring together thirty participants from energy companies, financial institutions, governments and international organisations for a wide-ranging discussion on topical energy issues.
In June 2019 we will be holding our third annual Electricity Day.
This year's theme is 'An Integrated Energy Systems Approach to Decarbonization Policy: Is it the Way Forward?' covered over three sessions:
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I. What benefits, if any, can ‘integrated’ or ‘whole energy system’ thinking bring to our approach to particular energy issues, such as the decarbonization of difficult sectors such as heat?
II. What roles do different modes of storage and different technologies play in realising an integrated, whole system approach to decarbonization?
III. What are the key policy and commercial challenges of an integrated energy systems approach?
For more information about our electricity programme please click here.
A review of a new OIES paper on oil market conditions and Saudi Arabia’ balancing act: The extent of dislocations i…
May 24th
Jonathan Stern on the latest Groningen earthquake: I think it is likely to accelerate even further the phase-out of…
May 23rd
About 43% of the industrial gas demand in Europe could, in theory, decline in the 2020s as a result of decarbonizat…
May 23rd