Lest We Forget
The Suez crisis of 1956 was such a momentous event for Great Britain that it reduced a great and proud country from a major player on the international stage to a second rate power, caused its economy to shrink and devalued its currency.
The War on Iraq in 2003
Almost seventeen years ago, a group of neoconservative hawks among them John Bolton, President Trump’s current national security adviser, persuaded President George W. Bush to mount a quick invasion of Iraq because, they alleged, it had “weapons of mass destruction.” That decision, based on dubious intelligence and taken against the advice of many of America’s closest allies, triggered a huge refugee crisis, destabilized the entire Middle East and cost the global economy an estimated $12.584 trillion of which the US economy’s share was $6.52 trillion according to a research paper titled: ”The Oil ’Price Rise’ Factor in the Iraq War: A Macroeconomic Assessment” I wrote and was published by the United States Association for Energy Economics (USAEE) on the 4th of June 2008. Moreover, nearly 5,000 Americans lost their lives in Iraq with hundreds of thousands more injured and receiving lifetime disability compensation.
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 escalating trade war has been casting dark clouds over the global economy creating uncertainty and depressing the global demand for oil and therefore oil prices.
The shift from the pure commodities to the Value-added services (VAS) in the Smart Cities.
All industry players are migrating to innovative services; Power and Gas providers to the energy monitoring, Telcos to the smart home services, device producers to the smart devices. These sectors (VAS) are more and more overlapped. Let's consider the offered range of VASs of an Energy provider, a Telco or a device producer...they are mostly the same.
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?
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
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.
Author: Prof. Michael Jefferson, Editor of the journal Energy Policy; Affiliate Professor, ESCP Europe; Professor, University of Buckingham.
Journal: Energy Policy
Guest-editors: Dr. Kostas Andriosopoulos, Prof. 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.
Magazine: INFO.
Author: Dr. Othman Cole, Assistant Professor of Finance, ESCP Europe.
ESCP Europe's students on the Executive Master in Energy Management (EMEM) and MSc in Energy Management (MEM) attended a week-long International Seminar in Washington, DC & Houston, TX from 17th-22nd June. This annual study trip was organised by the School with the support of its Research Centre for Energy Management.
Attendees built a deep understanding of the American energy industry and other key international markets from a series of lectures and workshops delivered by top industry experts. The trip included visits to: The U.S. Department of State, Center for Strategic & International Studies, Atlantic Council, Library of Congress, GE Ventures, Accenture Strategy Energy, Tellurian plant, and the Ocean Star Offshore Drilling Rig Museum and Education Center.
Many worry that the growth of digital transformation and AI will lead to machines and robots replacing human workers and see this advancement in technology as a threat, rather than as an opportunity to better ourselves.
PWC reports on AI shows that 67% of executives surveyed say the technology will help humans and machines work together, and to be stronger using both artificial and human intelligence.
We have entered in an era of significant challenges but also opportunities for the region of South –East Europe when it comes to energy, but what is the future of the region both in the European Union (EU) and globally?
“South –East Europe will play a pivotal role in the energy sphere in the EU, particularly with Greece and its huge discoveries of natural gas reserves in the Eastern Mediterranean. Also the TurkStream gas pipeline will bring Russian supplies to Turkey and the EU. In addition, the Trans Adriatic Pipeline (TAP) will bring Caspian gas supplies via Turkey into the European Union” says Dr Mamdouh G. Salameh, International Oil Economist; Visiting Professor of Energy Economics at ESCP Europe in London and Speaker at the 4th HAEE Symposium to take place in Athens on 6-8 May, 2019.
On 18th March 2019 ESCP Europe's London Campus hosted another of its ‘Re-Thinking Europe’ events, looking at the state of the Brexit process and its impacts.
London Campus Dean and Brexit commentator Professor Simon Mercado was joined by litigator and parliamentarian Lord David Gold and by leading businessman, Tony Matharu to examine the latest developments in the Brexit process. Expert interviews were followed with an open Q&A session around the theme of: 'Brexit: Quo Vadis?' Topics discussed during the event included the likely fate of the Prime Minister’s Brexit deal; the Irish Backstop problem; and the prospects for both a general election and second referendum.
René Mauer and Lisa Steigertahl released the “EU Startup Monitor” during the European Commission's annual SME Assembly. The teachings of the only startup study purely based on primary inputs of active European founders, present the most comprehensive overview of the current startup landscape and can help shape Europe’s policies.
The SME Assembly, which took place on 21 November in Graz, Austria, is the most significant event for small and medium-sized enterprises (SMEs) in Europe, and creates the governance structure of the Small Business Act with the network of SME Envoys.
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