"The RCEM's Mission is to build a strong proactive partnership between academia, industry and government, to debate the challenges of the new energy era."

Our Experts Activity

Views on Energy News
4
01 November 2017
 
Posted by Dr Mamdouh G. Salameh

Oil is like a coin: one side is Economics and the other is geopolitics and the two are inseparable.                                  

The petrodollar came into existence in 1973 in the wake of the collapse of the international gold standard which was created in the aftermath of World War II under the Bretton Woods agreements. These agreements also established the US dollar as the reserve currency of the world.

17 October 2017
 
Posted by Dr Mamdouh G. Salameh

Independence has been a lifelong dream for many Iraqi Kurds and so the 25th of September 2017 referendum was met with understandable jubilation across Iraqi Kurdistan with over 90% voting for secession from Iraq.

Although the referendum was non-binding, it pointed to a deteriorating geopolitical situation between the Kurdistan Regional Government (KRG) and neighbouring countries. Baghdad urged neighbouring countries to shut down flights into the region and threatened a blockade. Iran stopped oil trade with Iraqi Kurdistan and also banned flights to the region. And Turkey, which fears stirring separatism among its own Kurdish population, has threatened similar action. Turkish President Recep Tayyip Erdogan called the vote “treachery” and suggested the region would "not find food or clothing" if sanctions were implemented.

22 August 2017
 
Posted by Dr Mamdouh G. Salameh

Geopolitics & US Self-Interest

In imposing new sanctions on Russia, the US Congress aimed to punish Russia for its alleged meddling in the US elections in 2016. Still, these sanctions were mostly motivated by US self-interest, geopolitics and blatant US efforts to delay if not prevent Russia’s emergence as the world’s energy superpower.

The target of these sanctions as in the previous ones is Russian banks and companies as well as Russian oil and gas projects. However, the most contentious issue could well be the sanctions on pipelines. Key projects such as Nord Stream II and the TurkStream pipelines are at the very heart of the sanctions.

The US has always been opposed to Nord Stream II, which it views as Russia’s attempt to solidify its hold on Europe’s energy supplies (see Map 1).

09 August 2017
 
Posted by Dr Mamdouh G. Salameh

Venezuela’s Deepening Crisis

With 300.9 billion barrels (bb) of proven oil reserves, Venezuela holds the biggest reserves in the world and also accounts for 92% of Latin America’s reserves. This is 13% bigger than Saudi Arabia’s.  Still, the United States Geological Survey (USGS) estimates that there may be more than 513 bb of extra-heavy crude oil and bitumen deposits in Venezuela’s Orinoco belt region.

Venezuela, a country that should be one of the wealthiest in the world, remains mired in deepening crisis. Its currency (the bolívar) has virtually collapsed while its economy shrank by 10% in 2016 and annual inflation is poised to exceed 720% in 2017.  

Research & Publications
6
Dr Mamdouh G. Salameh
RCEM Working Papers

The great rivalry between the United States and China will shape the 21st century. It is a truth universally acknowledged that a great power will never voluntarily surrender pride of place to a challenger. The United States is the pre-eminent great power. China is now its challenger. 

Prof. Michael Jefferson
Published Papers

For over forty years energy expectations have been riddled with internal contradictions, and all too often a failure to recognise complexity, the nature and scale of the challenges to be faced, and resultant uncertainty. Key elements of Shell’s “World of Internal Contradictions” scenario, issued 

Matsumoto, K., Ming-Zhi Gao, A.
Books

Economic instruments, particularly carbon tax and emissions trading scheme (ETS), have recently attracted the most attention to combat climate change because of their cost efficency to reduce emissions. Introducing these in Asia, where most of the countries do not currently have emission reduction. 

Prof. Michael Jefferson
Reports & others

Author: Prof. Michael Jefferson, Editor of the journal Energy Policy; Affiliate Professor, ESCP Europe; Professor, University of Buckingham.

Special Issues

Journal: Energy Policy

Guest-editors: Dr. Kostas AndriosopoulosProf. Constantin Zopounidis, Dr. Michael Doumpos, Dr. Spiros Papaefthimiou.

The objective of the Special Issue is to present new research results on the theory and modern practice of modeling and management of energy systems, emphasizing on their policy implications. The areas of interest include, networks design and management, oil and gas, smart grids, production optimization, efficiency analysis, optimization and assessment of renewable and sustainable/green energy systems, environmental issues, risk management, decision-making in the energy markets, and energy pricing, among others.

Cole, O.
Magazines' articles

Magazine: INFO.

Author: Dr. Othman Cole, Assistant Professor of Finance, ESCP Europe.

Newsroom

Centre News
8
07 November 2017

ESCP Europe Business School and its Research Centre for Energy Management (RCEM) are delighted to announce that our fifth fourth cohort of MSc in Energy Management students recently elected the board members of the School’s Energy Society.

The Board provides leadership for carrying out the Society’s activities and engage ESCP Europe students in industry related events, maximise networking opportunities and help them develop professional skills through a range of activities:

  • Panel discussions and debates led by top experts
  • Promotion of energy related initiatives and latest developments in the industry
  • Collect and share energy related articles and publications through social media to promote constructive discussion among its participants

 

30 October 2017

In a spirit of close cooperation, Greece and Cyprus presented their positions during an international gas forum organized by the Hellenic Association for Energy Economics (HAEE) with the support of ESCP Europe Business School and its Research Centre for Energy Management (RCEM) on 19th October, 2017.

This thought-provoking discussion took place at the European Parliament in Brussels. The integration of natural gas into the European energy environment and its methods of exploitation was highlighted during the event. The keynote speakers, Maria Spyraki, Member of the European Parliament and representative of New Democracy and Nikolas Papadopoulos, leader of  DIKO party and candidate for the presidency in the upcoming elections in Cyprus, underlined the necessity of expanding the use of natural gas and its promotion from the Eastern Mediterranean region to Europe, with the cooperation of Greece and Cyprus and through the well-known projects that are supported by the Commission, such as the East-Med pipeline and the LNG terminal in Alexandroupolis.

25 October 2017

The Global Association of Risk Professionals (GARP), a top global finance professional organisation has accredited our MSc in Energy Management (MEM) - an 18-month, full-time postgraduate programme as an ERP Academic Partner.

This collaboration will boost the employability of our students across the world by allowing them to gain competitive advantage and achieve professional development goals. More than 1,500 ERPs are currently employed globally by oil and gas companies, crude oil refiners, power generators, electric and gas utility companies, commodity training firms, investment banks, and consulting firms with energy practices.

23 October 2017

We're joining forces with our friends at Adventure Uncovered Live to offer you a special rate for their next event in London on 30th October!

Adventure Uncovered is committed to accelerating social and environmental awareness and change through remarkable and responsible adventure.

05 October 2017

Our 12th Annual Careers Fair took place yesterday at the London Campus of ESCP Europe.

We welcomed a great number of companies from a variety of sectors and industries, such as finance and investment banking, consultancy, insurance, aviation/engineering and energy, all of whom had the opportunity to talk to more than 400 students.

Energy Headlines
18 November 2017
[GGP] Commentary: The environmental case for natural gas
This excerpt addresses some of the key findings relating to the environmental case for gas and, in particular, the issue of methane emissions from oil and gas operations.
18 November 2017
[GGP] Local content and procurement requirements in oil and gas contracts: Regional trends in the Middle East and North Africa
This paper examines how local content and procurement requirements have evolved in the MENA region.
17 November 2017
Chinese Wison, Shanghai Electric Sign Gas to Power MoU
Chinese Wison Offshore & Marine has signed a memorandum of understanding on strategic cooperation with Shanghai Electric Power Generation Group.
17 November 2017
Spanish Gas Demand for Power Hits Record
Natural gas demand for power generation in Spain broke a six-year record reaching 526 GWh (48.9mn m³) on November 15, said Spain’s gas system operator, Enagas in a statement, adding that national natural gas demand has grown by 9% this year compared with the same period in 2016. Industrial...
17 November 2017
Decommissioning nuclear reactors is a long-term and costly process
Since 2013, six commercial nuclear reactors in the United States have shut down, and an additional eight reactors have announced plans to retire by 2025. The retirement process for nuclear power plants involves disposing of nuclear waste and decontaminating equipment and facilities to reduce residual radioactivity, making it much more expensive and time consuming than retiring other power plants.
17 November 2017
Kogas 9M LNG Imports Up 11.6% on Year
Kogas' 9M LNG imports have risen 11.6% to 24.42mn mt.
17 November 2017
Veolia Marks Eurobond First
A French firm has issued a 'first of its kind' eurobond.

Partners & Affiliates

Activity Agenda

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Today
25 SEPTEMBER 2017

No events planned this day.

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