"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
15 January 2018
 
Posted by Dr Mamdouh G. Salameh

In an article I wrote for the Research Centre of Energy Management (RCEM) at ESCP Europe Business School on the 2nd of March 2017 under the title “Oil Prices Will Be Mostly Bullish in 2017”, I said that the oil price will break through the $60 level in 2017. This the oil price did when it has risen to more than $66.78 a barrel in December 2017.

And despite efforts by vested interests including the International Energy Agency (IEA) and the United States Energy Information Administration (EIA) to dampen oil prices, I am now projecting that the oil price could be heading towards $70/barrel or even higher during 2018 and $100 in 2020.

14 December 2017
 
Posted by Dr Mamdouh G. Salameh

The OPEC meeting is over and the organization has extended production cuts throughout 2018. The decision is obviously crucial to supporting oil prices, but also of the utmost importance to the vision and future of one man, Prince Mohammed bin Salman, Saudi Arabia’s de facto head of government and Crown prince (the king’s son).

The oil price is key to the success of Prince Mohammed bin Salman’s Vision 2030 which aims to build a dynamic twenty-first Saudi economy. 

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.

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
09 February 2018

ESCP Europe and its Research Centre for Energy Management (RCEM) will be taking part as Knowledge Partners at this year’s LCILP Annual Conference on Energy Arbitration and Dispute Resolution in the Middle East and Africa.

Taking place on 6 – 7 March in London, this year's conference will be hold in association with Herbert Smith Freehills LLP. The event will focus on a broad range of technical, economic and diplomatic factors that affect Dispute Resolution in the Middle East and Africa. The conference will provide a deep understanding on the impact of oil price variations and regional security issues across the continent.

08 February 2018

As the UK government moves into a key phase of work on Brexit, ESCP Europe's London Campus has commenced its year long sponsorship of the high impact Brexit Forum linking member organisations of the French Chamber of Commerce in Great Britain.

Campus Dean, Professor Simon Mercado remarks: "through this established mechanism for member engagement, the Chamber is providing our sectors and organisations with great insight and an environment through which we can share intelligence and discuss collective action on this major development.  It is absolutely fitting that ESCP Europe, which has had a strong voice on Brexit, associates itself as sponsor with this key CCFGB Forum".

05 February 2018

By Energy Press.

In Greece, during the last years, there has been considerable debate about the great potential in the hydrocarbon sector and its key geostrategic position, which may be appropriate even for the creation of an international hub for the passage of crucial channels. Nevertheless, the above mentioned aspects have not been proven yet.

What is safe to say is that, so far, Greece and the wider Balkan region do form a region of competition against the US, Russia and China. As it is well known, Russia, besides the frequent gas supply in Greece, has been unsuccessfully working with Greece on various energy projects so far, while China has proceeded rapidly to implement important programmes in the country, which opened the way to Europe.

29 January 2018

Our MSc in Energy Management Students invite young talent from prestigious universities to meet at our London Campus on 22nd – 23rd February to participate at the 2018 Energy Trading Competition.

We are delighted to announce that students from the following institutions have registered for this year's event: ESCP Europe Business School, London School of Economics and Political Science, University of Strathclyde, London Institute of Banking and Finance, Regent's University London, University College London, Toulouse School of Economics, University of Sussex, CASS Business School, Neoma Business School, Imperial College London and Bocconi University.

25 January 2018

''In addition to meeting the immediate environmental challenges that we face, we also need to focus more acutely on the potential economic and societal risks that may arise as transition to a low-carbon and environmentally secure world accelerates,'' 2018 WEF Global Risks Report.

The fossil fuel era is coming to an end. Renewable energy makes business sense and investors are noticing. At the end of 2017, a number of leading international banks publicly announced their intentions to divest from coal. Some of these big names included ING, The World Bank and Axa. And earlier this week Lloyd's Bank of London joined them announcing they would begin ''excluding coal from its investment strategy from 1 April.''

 

Energy Headlines
24 February 2018
[GGP] Mideast Strife Is Cash Positive For U.S. Natural Gas -- And Chinese Coal
Over the years, America’s involvement in the strife-ridden politics of the Middle East has brought a lot of heartache. By one measure, however, Americans’ luck in the Middle East has improved. It’s not that political divisions have mended. It’s that U.S. natural gas producers...
23 February 2018
[GGP] Heightened Geopolitical Risks in the Middle East and Potential Impacts on Oil Markets
In this presentation, given at IP Week, Bassam Fattouh discusses the heightened geopolitical risks in the Middle East and North Africa (MENA) and the potential impacts, both short-and long-term, on oil and gas markets.
23 February 2018
Afghanistan Starts Work on Gas Import Line
The groundbreaking work has started in Afghanistan, but many do not expect the line to be completed for some time, if ever, owing to security risks.
23 February 2018
India's LNG Imports Up in January
India’s LNG imports in January have witnessed a sharp jump year on year.
23 February 2018
Chinese January LNG Imports Spike
Chinese LNG imports in January have hit all time high.
23 February 2018
Slovak Nafta to Invest $200mn in Ukraine Field
A new entry into Ukraine's upstream has ambitious plans for a field in eastern Ukraine that the previous operator left
23 February 2018
China becomes world’s second largest LNG importer, behind Japan
China surpassed South Korea to become the world’s second largest importer of liquefied natural gas (LNG) in 2017, according to data from IHS Markit and official Chinese government statistics. Chinese imports of LNG averaged 5 billion cubic feet per day (Bcf/d) in 2017, exceeded only by Japanese imports of 11 Bcf/d.

Partners & Affiliates

Activity Agenda

Feb 2018
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18 FEBRUARY 2018

No events planned this day.

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