Energy Markets & Governance

Energy markets are in flux as new energy production and delivery methods alter global supply chains, while economic growth and new desires for energy efficiency change demand in different parts of the world. Policy makers will need to be able to interpret these shifts in the energy market and build new frameworks to manage energy uncertainty.

Recent analysis

Programs

The Global Energy Center develops and promotes pragmatic and nonpartisan policy solutions designed to advance global energy security, enhance economic opportunity, and accelerate pathways to net-zero emissions.

Events

Global Energy Forum

Jan 9, 2020

International grid integration: Efficiencies, vulnerabilities, and strategic implications in Asia

By Phillip Cornell

In order to meet growing global demand for electricity, and in response to an increase in renewables, power networks and markets are evolving and becoming increasingly interconnected. South and Southeast Asia have already had some success with interconnections, and China’s vision and Belt and Road Initiative loom large in the region, but there are geopolitical concerns to contend with. Could a US model manage these concerns? What is the state of regional power markets in Asia and investment in regional grid infrastructure, and what responses are we already seeing to emerging trends?

Climate Change & Climate Action Energy Markets & Governance

Global Energy Forum

Jan 9, 2020

Energy sector diversification: Meeting demographic challenges in the MENA region

By Bina Hussein

The Middle East and North Africa (MENA) region is projected to experience significant demographic growth by 2050, growth which will have to be met with commensurate economic expansion and job opportunities, or the region will risk an increase in political instability. To meet this challenge, countries in the region must diversify their economies beyond the energy sector and expand their energy sector beyond hydrocarbons. What are the key trends that MENA countries will have to contend with, what is already being done, and what further steps should be taken?

Energy Markets & Governance Energy Transitions

Issue Brief

Jan 9, 2020

Transforming the power sector in developing countries: Geopolitics, poverty, and climate change in Bangladesh

By Robert F. Ichord, Jr.

As the South and Southeast Asian region faces increasing energy demand due to both population and economic growth, countries like Bangladesh must meet that demand while facing and overcoming critical environmental and energy security challenges. How is Bangladesh seeking to diversify its energy mix and establish more local and decarbonized power systems, and what are key opportunities for future government and foreign investment?

Bangladesh Climate Change & Climate Action

Content

EnergySource

Jun 24, 2020

Rapid response: The SABIC-Aramco merger

By Private: Jean-François Seznec

Saudi Aramco’s acquisition of the Saudi Basic Industries Corporation (SABIC) finalized on June 16, 2020, provides a window into the Saudi strategy to become a world-scale chemicals producer. However, the structure of the deal also offers an interesting look into the Saudi financial position amid low oil prices and a global pandemic.

Energy & Environment Energy Markets & Governance

UkraineAlert

Jun 24, 2020

Ukraine needs EU rules to avoid global gas imbalances

By Aura Sabadus

More than 50 European companies may be barred from exporting gas to Ukraine during the peak storage season if the Ukrainian and Slovak gas transmission system operators fail to reach a solution for an alternative transport route during an unplanned pipeline outage this summer.

Central Europe Energy Markets & Governance

EnergySource

Jun 23, 2020

How can Portugal’s Port of Sines play a bigger role in assuring energy security in the European Union?

By Dr. Ricardo Silvestre

The European Union (EU) currently relies on a small number of external suppliers to meet its energy needs. To minimize reliance on foreign gas imports, the EU should increase liquefied natural gas (LNG) imports to Europe, expand gas storage capacity, and further develop energy distribution mechanisms across Member States. As a potential alternative energy hub, Sines, Portugal is in an excellent position to become an important continental European LNG entrance point as well as a key gas distribution and bunkering center. If the pieces fall into place, Sines, and Portugal writ large, may become key guarantors of European energy security.

Energy & Environment Energy Markets & Governance

EnergySource

Jun 12, 2020

Ukraine’s gas market reform: A success story that needs to be acknowledged

By Dr. Aura Sabadus

Ukraine's experience over the past five years with natural gas market reform and regulatory alignment proves that European Union rule transfer is possible in Ukraine, provided it remains committed to positive policy change.

Energy & Environment Energy Markets & Governance

UkraineAlert

Jun 10, 2020

Ukraine’s $7 billion Russian gas transit deal at risk amid claims of political pressure

By Aura Sabadus

Alleged political pressure targeting Ukraine's recently unbundled gas transmission system operator GTSO is threatening to undo Ukraine's energy sector reforms and derail a multi-billion dollar transit contract with Russia's Gazprom.

Corruption Energy Markets & Governance

EnergySource

May 30, 2020

Public sector investment opportunities for a green stimulus in oil and gas

By Alex Dewar

In discussions about COVID-19 economic recovery policies, any measures focused on the oil and gas industry are often portrayed as being at odds with a green stimulus. However, a green stimulus within the oil and gas industry is not necessarily a contradiction in terms. Targeted public sector investments in oil and gas activities—especially in the areas of reducing methane emissions, improving energy efficiency, and deploying carbon capture—can curb greenhouse gas emissions significantly and at relatively low costs while maximizing broader near-term economic benefits.

Coronavirus Energy & Environment

New Atlanticist

May 28, 2020

Cooperation key to transatlantic coronavirus recovery and energy transition

By David A. Wemer

Continued energy cooperation between the United States and the European Union has been key in reducing Europe’s energy dependence, but now must also help guide both countries out of the coronavirus economic crisis and cut global emissions in the face of continued climate change.

Climate Change & Climate Action Coronavirus

In the News

May 21, 2020

Cohen in Forbes: Phase One U.S.-China Trade Deal Fails In Energy And Beyond

Energy Markets & Governance Geopolitics & Energy Security

EnergySource

May 18, 2020

Coronavirus emergency measures should persuade Ukraine, Romania, and Turkey to legitimize energy reform, not reverse it

By Dr. Aura Sabadus

For years, Eastern European governments and Turkey have bought into a global trend, arguing that long-term strategies in the energy sector should revolve around market deregulation. In light of the coronavirus outbreak and the emergency measures implemented worldwide to contain it, the energy industry may now face an increase in interventionist policies such as price controls and consolidation of state-owned enterprises as governments push to mitigate the shockwaves of expected consumer impacts. Such measures would be detrimental to economies, and there are compelling arguments that suggest governments should remain committed to their initial market goals.

Coronavirus Eastern Europe

Report

May 16, 2020

Downstream oil theft: Countermeasures and good practices

By Dr. David Soud with contributing authors Dr. Ian Ralby and Rohini Ralby

Downstream oil theft has become a global problem. Since most of the world’s energy systems still rely on oil, fuel smugglers are nearly always able to find markets for their goods. Moreover, as oil is not inherently illegal, it is generally an easy product to move, buy, and sell. Profits from oil theft are frequently used to fund terrorism and other illegal activities.

Energy & Environment Energy Markets & Governance

Experts

Events