"The EMC'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
12 June 2020
 
Posted by Samuele Furfari

In March 2020, for geopolitical reasons, Russia refused to go on with Saudi Arabia to adjust, along the rule of what is known as the OPEC+ deal, their oil extractions to world demand.  It was normal, because there were alerting signs that oil demand might drop due to the coronavirus in China. Moscow refused Ryad’s request to adhere to the production cutbacks in order to support the price. Saudi Arabia, stung to the core, reacted in the opposite way and declared its intention to increase its crude production to more than 10 million barrels per day in April, once the OPEC+ deal will expire at the end of March. In addition, it has announced reducing the price by $6 to $8 a barrel for all its crude to all destinations.  The consequence was not long in coming: the price of crude fell to around $32 a barrel. Oil futures suffered their biggest daily loss since 1991 during the Gulf War.

This geopolitical skirmish happens at the wrong moment. The Coronavirus epidemic was killing much more in Europe and USA than in China (officially!). Drastic measures taken everywhere to try to limit the pandemic had radical consequences on economy. In the face of the sharp drop in economic activity, demand for oil is in freefall. It is self-evident: airplanes that don't fly, cars that stay in the garage, deserted restaurants, closed cinema and stadiums, cancelled vacations cause the consumption of petroleum products to plummet. When disruptions occur in a huge market, speculators are quick to try to take advantage of the instability.

 

02 June 2020
 
Posted by Yves Muyange

Since late March 2020, many African Governments have announced COVID-19 crisis national response plans, including a number of social relief measures. Thirteen African governments provided free electricity for poor households and electricity consumers in the social category to help them during the crisis. This paper presents a brief overview of this specific measure in those countries, tackles related issues and challenges, and benchmarks similar social interventions elsewhere in the world.

23 January 2020
 
Posted by Samuele Furfari

The start of the geopolitical year 2020 is worrying, and not only because of events in Iran and Iraq. The growing importance of Turkey’s role in the Near and Middle East should not leave one indifferent; the country’s plans in the Levant Sea are notable due to this maritime region’s rich natural gas resources which already play a major role in the geopolitics of energy.

15 August 2019
 
Posted by Dr Mamdouh G. Salameh

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.

Research & Publications
6
Dr Mamdouh G. Salameh
EMC 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
02 March 2020

Young talented students from prestigious universities met at the ESCP London Campus on 28th & 29th February to participate in the 2020 School’s Energy Trading Challenge.

Jointly organised by our 2020 MSc in Energy Management (MEM) students, in collaboration with Smart Global, ESCP Business School, and its Energy Management Centre (EMC), this year’s challenge sponsored by Glencore provided an excellent platform for students to learn key insights on trading oil and gas products. 

11 February 2020

The ESCP Energy Society is excited to launch the ‘Watt A Time to Be Alive’ podcast series!

‘Watt A Time to Be Alive’ is a monthly podcast produced by the ESCP Energy Society. It’s for anyone interested in learning more about energy, its new trends, its challenges and its great opportunities. 

The Geopolitics behind Oil and Gas in the Middle East - Dr Mamdouh Salameh (International Oil Economist; Visiting Professor at ESCP Business School) was the guest in the ‘Watt a Time to Be Alive’ studio!

22 January 2020

The ESCP Energy Society is excited to launch the ‘Watt A Time to Be Alive’ podcast series!

‘Watt A Time to Be Alive’ is a monthly podcast produced by the ESCP Energy Society. It’s for anyone interested in learning more about energy, its new trends, its challenges and its great opportunities. 

Big Data and Energy: A winning duo? Ypatios Moysiadis (Business Development Director & UK Country Manager, Greenssolver UK) was the first guest in the ‘Watt a Time to Be Alive’ studio! 

24 October 2019

Earlier this month, Oksana Klimenko, Max Tang, and Edouard Lotz, ESCP Europe’s MSc in Energy Management (MEM) students participated in the “Youth Day 2019: Energy Challenge" after passing a rigorous selection process.

Their success can be largely attributed to the innovative approach the School co-creates the curriculum with its professors, alumni and top industry experts who make up the programme's Advisory Board, ensuring it remains aligned to the needs of the fast growing, dynamic but challenging industry.

16 October 2019

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

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

Energy Headlines
10 August 2020
Equinor Names New CEO
This will be the first time that an engineer has led the company, as it prepares for the energy transition.
10 August 2020
Output Inches Up at China's Tarim Field
Tarim is one of China's largest oil and gas fields.
10 August 2020
Big finds will boost Middle Eastern LNG exports [LNG Condensed]
The United Arab Emirates’ role in global gas markets could change markedly as a result of two big discoveries earlier this year: the Mahani discovery onshore Sharjah and the Jebel Ali field on the border of Abu Dhabi and Dubai. [LNG Condensed Volume 2, Issue 5 - July/August 2020] - Subscribe to NGW Premium or NGW LNG Condensed (complimentary) to read this article.
10 August 2020
Oz Invictus Gets Environmental Okay for Zimbabwe Project
The Cabora Bassa project encompasses the Mzarabani prospect, a conventional gas condensate target.
09 August 2020
Chevron’s Noble buy reflects Israel’s ‘warming’ ties with Gulf states — expert [GGP]
International energy adviser says deal indicates Israel is ‘no longer a taboo’ in industry over fear of Arab boycott; still, the energy giant may end up selling the Israeli assets.
08 August 2020
Ukraine skeptical of American LNG gas pipe dreams [GGP]
The US is supporting Poland's bid to create a political counterweight to Germany in the eastern parts of the EU. This time it's not promising troops on the ground, but long-term gas contracts…with Ukraine.US liquefied natural gas (LNG) is "molecules of US freedom exported to the world." That...
07 August 2020
Natural Gas Daily: August 7th, 2020
Daily digest of the latest natural gas news and LNG news by Natural Gas World.

Partners & Affiliates

Activity Agenda

Jan 2020
M T W T F S S
30 31 01 02 03 04 05
06 07 08 09 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 31 01 02
Today
05 JANUARY 2020

No events planned this day.

Subscribe to the EMC Newsletter
Subscribe