"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
20 November 2018
 
Posted by Dr Mamdouh G. Salameh

The Founding of OPEC

The Organisation of the Petroleum Exporting Countries (OPEC) is an intergovernmental organisation of 15 nations founded in 1960 in Baghdad by the first five members (Iran, Iraq, Kuwait, Saudi Arabia and Venezuela) and headquartered since 1965 in Vienna, Austria. OPEC accounts for an estimated 42.6% of global oil production and 71.8% of the world’s proven oil reserves giving it a major influence on the global oil market and prices that were previously controlled by the so-called “Seven Sisters” (Exxon, Mobil, Chevron, Gulf Oil, Texaco, BP & Shell) cartel of the world’s largest multinational oil companies.

02 October 2018
 
Posted by Dr Mamdouh G. Salameh

Sustainability is the practice of maintaining processes of productivity indefinitely—natural or human made—by replacing resources used with resources of equal or greater value without degrading or endangering natural biotic systems. Sustainable development binds together concern for the natural systems with the social, political, and economic challenges faced by humanity.

The three pillars of sustainable development are the economy, energy and the environment.  Interaction between these three pillars sustains a growing global economy which provides employment for millions of people and a decent standard of living in a healthy environment and the energy means that help enhance the quality of our life and mobility. The global economy has to be in a continuous state of healthy growth if it is to be able to feed 7.5 billion of people.

01 October 2018
 
Posted by Dr Mamdouh G. Salameh

Since the withdrawal of the United States from the Nuclear Deal with Iran and its decision to re-introduce sanctions on Iran particularly Iranian oil exports, analysts and experts alike have been competing with each other in their projections about how much Iran will lose from its oil exports as a result of the sanctions. Their projections have ranged from 500,000 barrels a day (b/d) to 1.5 million barrels a day (mbd) out of estimated Iranian oil exports of 2.125 mbd.

Most of these projections were, in my opinion, based on faulty assumptions and lack of understanding of the dynamics of the global oil market and virtually bordering on daydreaming and wishful thinking.

29 August 2018
 
Posted by Dr Mamdouh G. Salameh

Some experts are projecting a peak oil demand by 2036. Others like Fitch Ratings are saying that greater product awareness and technological changes could fast track the adoption of electric vehicles (EVs) that could plausibly lead to a peak oil demand before 2030.

It is, however, debatable as to whether a peak oil demand could be reached during the 21st century. The one certain thing is that oil is expected to remain the world’s primary energy source throughout the 21st century and probably far beyond. A major underpinning factor is the growing world population.

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. 

“The only indispensable superpower” is also a super-indebted power, and its biggest creditor happens to be its presumed chief strategic rival. Is it logical and workable to encircle one’s own banker militarily?

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
03 December 2018

ESCP Europe Business School (London) lifted the Business School of the Year trophy at this year’s Times Higher Education Awards.

These awards, now in their 14th year and widely referred to as the “Oscars of higher education”, shine a spotlight on the exceptional achievements of individuals, teams and institutions working in our sector today.

15 November 2018

ESCP Europe Professor Dr Terence Tse shares new insights on the progress of AI.

The global AI race is moving faster than ever, with countries competing to become number one. 

However this rat race could cause disastrous consequences for the world, according to new research from ESCP Europe.

01 November 2018

Governments and businesses representatives from various industries have expressed their concerns about the absence of a clearly set framework at this stage. Despite recent progress on the European Union and the United Kingdom talk up chances of securing a deal with the hope to deliver a pragmatic outcome, politicians also plan for a worst case scenario, and advise companies to be prepared for “disruption”. 

AS THE GOVERNMENT OF THE UNITED KINGDOM FACES THE FINAL STAGE OF THE BREXIT NEGOTIATIONS, ESCP EUROPE'S LONDON CAMPUS PROUDLY SUPPORTS THE BREXIT FORUM SERIES – AN EXCLUSIVE MEMBER-TO-MEMBER EVENT ORGANISED BY THE FRENCH CHAMBER OF COMMERCE IN GREAT BRITAIN (CCFGB).

 

29 October 2018

We would like to congratulate Quentin Laroche, Simone Quarta, Alexandre Lorot, Rafael Moreno Ome and Stefano Minadakis, ESCP Europe MSc in Energy Management Students for being selected to speak at the “Youth Day 2018: Dialogue of Generations" representing the United Kingdom.

The event brought together the best students from around the globe, world-class academics, scientists, top-ranked field specialists, and representatives of international energy companies. Participants identified the new vectors of the gas industry development and the career opportunities for talented young people.

25 October 2018

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

Board members provide leadership for carrying out the society’s initiatives and engage ESCP Europe students from all campus in industry related events, maximise networking opportunities and help them develop professional skills through a range of activities:

Energy Headlines
14 December 2018
Canadian Regulator Sets Kwispaa LNG Project for EA
Public comments invited until January 16, 2019.
14 December 2018
Gazprom Sources Cool-Down Cargo for Kaliningrad
It is more expensive than pipeline gas from Russia but necessary for commissioning purposes.
14 December 2018
Coming changes in marine fuel sulfur limits will affect global oil markets
International regulations limiting sulfur in fuels for ocean-going vessels, set to take effect in January 2020, have implications for vessel operators, refiners, and global oil markets. Stakeholders will respond to these regulations in different ways, increasing uncertainty for crude oil and petroleum product price formation in both the short and long term.
14 December 2018
Timor Leste President Vetoes Sunrise Bill
President Guterres' move is likely to delay the government's acquisition of a majority stake in Greater Sunrise.
14 December 2018
Neptune Integrates VNG Norge
Neptune Energy has completed its integration of VNG Norge.
14 December 2018
Tapi Project Makes Progress in Pakistan
Tapi's total length is planned to be 1,814 km.
14 December 2018
CCS – a challenge for natural gas [NGW Magazine]
For all the progress that has been made, the climate science message remains the same: it is not enough. (NGW Magazine Vol.3, Issue 23)

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26 JANUARY 2018

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