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Our Experts Activity

Views on Energy News
8
30 November 2022
 
Posted by Dr Georgia Makridou

Sustainability is on the cusp of an evolutionary leap. Companies all over the world are beginning to explore more sustainable ways of doing business, primarily due to the global climate emergency. They consider their long-term impact on the local environment, society, and the economy and ask whether their business makes a positive contribution. Becoming more sustainable may not be easy at first, but business sustainability is more an opportunity than a threat. The challenge is well worth the reward since there is no long-term trade-off between sustainability and financial value creation. Sustainable companies will be more resilient and create an enduring impact.

This article looks at the value of sustainability to business. First, it discusses the benefits as well as key strategies and challenges to increasing sustainability in business. Second, the link between energy efficiency and sustainability is examined. The business plan of the world's most sustainable energy companies is analysed, focusing on the lessons energy businesses can learn to become more sustainable.

16 May 2022
 
Posted by Yves Muyange

Discoveries of natural gas have occurred in a number of sub-Saharan African (SSA) countries, bringing enthusiasm and hopes for economic growth that addresses the energy deficit and limited access to electricity while lowering costs and carbon emissions. Côte d’Ivoire, Ghana, Mauritania, Mozambique, Namibia, Senegal, South Africa and Tanzania are among those countries.

In the developed world, natural gas has proven to be a vital energy resource and increasingly gained traction as an energy transition fuel to reduce the carbon dioxide emissions and other gases that contribute to climate pollution.

23 March 2022
 
Posted by Samuele Furfari

An interview with ESCP Visiting Professor Samuele Furfari, a former long-time senior official at the Energy Directorate-General of the European Commission.

In 2000, the European Commission published a green paper titled «Towards a European strategy for the security of energy supply». Professor Samuele Furfari, who served for a long time at the European Commission’s energy department, was in charge of communicating the recommendations of this strategy. The aim of this was to make sure that the European Union, which is heavily dependent on imported energy, would nevertheless ensure its security of supply.

07 December 2021
 
Posted by Dr Mamdouh G. Salameh

Not a day passes without claims being made by experts, analysts and organisations prominent among them the International Energy Agency (IEA) about climate change, global energy transition, net-zero emissions, peak oil demand and the end of oil.

However, the global economy can neither take such claims nor can it fulfil them. And contrary to these claims, oil will continue to drive the global economy throughout the 21st century and probably far beyond underpinned by both rising world population and growing global economy.

27 May 2021
 
Posted by Dr Mamdouh G. Salameh

On the 1st of November 2021, the 26th United Nations Climate Change Conference, also known as COP26 which stands for ‘Conference of the Parties’, is scheduled to be held in the City of Glasgow from 1-12 November under the presidency of the United Kingdom.

For nearly three decades the UN has been bringing together almost every country on earth for global climate summits. In that time climate change has gone from being a fringe issue to a global priority.

During COP21 which took place in Paris in 2015 the Paris Climate Change Agreement was born. For the first time ever, something momentous happened: every country agreed to work together to limit global warming to well below 2 degrees and aim for 1.5 degrees to adapt to the impacts of a changing climate and to make money available to deliver on these aims.

09 April 2021
 
Posted by John Valentino

Part 3: Energy Security

Last month, I posted the second of a few articles that will consider the responsible integration of renewable and nuclear generation to foster economic, social, and environmental improvements for developing countries in the mid to long term. The first article focused on economic expansion and the second article discussed possible socio-economic impacts. In this third article, the discussion will shift towards energy security, which continues to have major global ramifications as it has for hundreds of years.

The concept of energy security has different meanings to different groups and people. Bearing that in mind, it can be challenging to make meaningful comparisons and conclusions when circumstances can vary so widely from place-to-place and region-to-region. By using data from the World Energy Council, the goal will be to consider energy security from three key perspectives that can likely impact decision-making at the national and regional level. 

08 April 2021
 
Posted by Dr Mamdouh G. Salameh

The Suez Canal hit the news on Tuesday 23 March 2021 when a mammoth container ship, the 224,000-ton ‘Ever Given’ ran aground in the canal after 40-knot winds and a sandstorm may have caused low visibility and poor navigation. The ship has lodged itself across the waterway (see Photo 1).

24 March 2021
 
Posted by John Valentino

Part 2: Social Impacts and Implications

Last month, I posted the first of a few articles that will consider the responsible integration of renewable and nuclear generation to foster economic, social, and security improvements. The first article can be found here.  In this second article, I wanted to shift towards the positive social implications from expanding generation assets in a responsible manner to support not just the aforementioned economic development but also long-term social benefits.


For developing countries (especially in Africa and Asia), central planning organizations have the perfect opportunity to develop long-range plans for key infrastructure expansion (notably in the energy sector) while simultaneously improving the quality of life for their citizens. Creating an effective long-term and fiscally responsible diversified energy plan using wind, solar, hydro, and nuclear power can help improve their social and education systems and support their development needs with the latest technology advances driving modern life in the 21st century. 

Research & Publications
9
Juan Pablo Pretelt Villadiego
EMC Working Papers

The United Kingdom is in the right place to become a global leader in the industrial Carbon Capture, Utilisation and Storage (CCUS) sector. Specific, UK associated industrial development has set a great potential for Industrial Carbon Capture (ICC) application. In fact, the operation of Oil and Gas (O&G) offshore fields has allowed for decades of data on suitable carbon storage sites to be collected, determining that the North Sea’s saline aquifers and depleted reservoirs have a 78,000 MtCO2 capacity. Figure 1 exhibits the distribution of both CO2 emission sources from industrial clusters and offshore storage points.

 

Clement Gorin
EMC Working Papers

On Thursday 24 November 2022, Renault signed a contract with Voltalia to supply 350 MW of renewable energy over 15 years from 2027, which should account for half the company’s electricity consumption. This type of contract, also known as a corporate Power Purchase Agreement (cPPAs), is an unprecedented commitment in France in terms of power. On the same day, Engie announced a contract to purchase 100MW with Google in the United Kingdom for 12 years from the Moray West offshore wind project off Scotland. Whilst solar and wind remain dominant, contracts are now emerging for biogas, geothermal, and even hydrogen

Félicien Bresson Le Menestrel
EMC Working Papers

Funding for the energy industry has historically been dominated by major private or state-controlled institutions. Conventional energies such as fossil fuels require capital outlays of millions and sometimes billions of euros, and hence, understandably, citizens or cooperatives have never fully financed a nuclear powerplant or an offshore oil rig. As the urgency of tackling climate change increases, the energy sector is being reconfigured by financing alternatives made possible by renewable energy technologies that are adaptable to local and community investment. Society is simultaneously becoming increasingly electrified, with global electricity consumption forecast to double from 2021 levels, reaching 50,000 TWh by 2050. Rapid growth in the renewables sector will be crucial for meeting this steady increase in demand.

 

Michael Jefferson
EMC Working Papers

With Putin’s “special military operation” into Ukraine on February 24th 2022 it became clear to many observers within a week that this was a war. It represented a step change from the various territorial incursions over the past few decades which had gone under the term “New Cold War”. “The New Cold War” was the title of a book (one of several) first published in 2008 sub-titled: “How the Kremlin Menaces both Russia and the West” authored by Edward Lucas. Lucas was the Central and East European correspondent of The Economist for more than 25 years. 

Giouli Mihalakakou, Manolis Souliotis, Maria Papadaki, Penelope Menounou, Panayotis Dimopoulos, Dionysia Kolokotsa, John A. Paravantis, Aris Tsangrassoulis, Giorgos Panaras, Evangelos Giannakopoulos, Spiros Papaefthimiou
Published Papers

Green roofs are artificial ecosystems that provide a nature-based solution to environmental challenges such as climate change and the urban heat island. Green roofs aid in the conservation of both cooling and heating energy; deposition of particulates and mitigation of air pollution; control of runoff and water pollution; promotion of biodiversity; and provision of aesthetic and health benefits. This research is a holistic review of the green roof literature and provides a global perspective of the subject with a classification of modelling studies; and an extensive review of contributions to energy conservation, carbon sequestration, mitigation of air pollutants, runoff control; and urban noise reduction. The review covers the system’s thermal performance modelling through several methodologies; experimental studies; parametric studies to assess the impact of various parameters on the system’s energy efficiency using several configuration parameters such as leaf area, foliage height and density, plant coverage, roof insulation, soil thickness, and irrigation; energy benefits; and environmental benefits including air pollutants mitigation, carbon sequestration, runoff control and urban noise reduction. Finally, review was complemented with a life cycle assessment study of green roofs, which examined the extraction of raw materials, manufacturing and construction, transportation, and disposal.

Kostas Andriosopoulos, Gulmira Rzayeva, Plamen Dimitrov, Leo Drollas, Jörg Himmelreich, John Roberts, Nicolò Sartori, Simone Tagliapietra, Theodoros Tsakiris, Mr. Mehmet Öğütçü, Christos Zisakis, Konstantinos Ioannidis, Filipos Ioannidis
Books

Over recent years, the European Union has been increasingly exploring new alternative routes and sources for natural gas due to energy security concerns, mostly associated with the Russian - Ukrainian circumstances and the significant role which natural gas is expected to have in the future. Currently it is considered as "the transition fuel" to the future green-energy reality. 

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 Business School.

Newsroom

Centre News
8
11 April 2023

On 15th March, students from the MSc in Energy Management specialisation visited Westmill wind farm and solar park – the first 100% community owned onshore wind farm in the south of England.

Located near Watchfield, the site is believed to be the UK’s first and the world’s largest cooperatively run, community-owned solar farm. Its aim is to combat climate change by financing a reliable source of renewable energy, provide local households and other stakeholders with a stable, reliable source of income, and help the area transition to a low carbon future.

28 February 2023

On 22nd–24th February 2023, we hosted a three-day business-simulation game for our MSc in Energy Management students that focused on customer value in the automotive industry and how to find the optimal balance between value proposition and profitability.

The teams benefitted from three days of professionally crafted business scenarios. Students had the opportunity to familiarise themselves with the simulation process, which allowed them to:

05 December 2022

ESCP Business School ranks 3rd in the latest Financial Times European Business School ranking.

Our School has been ranked 3rd among the top 95 European institutions in the Financial Times annual ‘European Business School’ ranking.

21 November 2022

ESCP Business School and its Energy Management Centre (EMC) are delighted to announce that our tenth 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 campuses in industry-related events, maximise networking opportunities and help them to develop professional skills through a range of activities, such as:

  • Panel discussions and debates led by leading experts
  • Promotion of energy-related initiatives and the latest developments in the industry
  • Sharing industry-related articles and publications through social media to encourage constructive discussion among participants
  • Networking events with industry professionals and our alumni community
09 September 2022

The ESCP Business School and its EMC community join the United Kingdom and its Royal Family in mourning the loss of Her Majesty Queen Elizabeth II.

Flags will be flown at half-mast across the School’s campuses. We grieve the loss of a great European monarch who has demonstrated extraordinary devotion to duty in the service of the people of one of our host countries and of many nations at the heart of our international family. She was an admirable stateswoman in bringing stability and peace.

 

Energy Headlines
06 June 2023
Sembcorp to import gas from Indonesia
Gas delivery is scheduled to begin in 2024.
05 June 2023
Iraq makes breakthrough in talks for oil, gas, water, solar project with TotalEnergies [Gas in Transition]
Iraq is the second-biggest gas flarer in the world, but this resource can be harnessed to bolster the country’s energy security. [Gas in Transition, Volume 3, Issue 4]
05 June 2023
India extends OALP-8 bid deadline
The bid round, which was announced last year, offers 10 oil and gas blocks for international competitive bidding.
05 June 2023
Japan's Rengo to shift from coal to gas in paperboard manufacturing
The packaging company plans to eliminate the use of coal at its domestic paperboard manufacturing bases by 2027.
05 June 2023
Kremlin: OPEC+ important to global energy market stability
OPEC+, the group of leading oil-producing countries, is important for providing stability on global energy markets, Kremlin spokesman Dmitry Peskov said on Monday, a day after the group met.
05 June 2023
JX Nippon farms into PRL15 in PNG
PRL15 includes the Elk-Antelope gas field, a crucial component of the Papua LNG project in Papua New Guinea.
05 June 2023
SDX renegotiates gas sales agreement in Morocco
The revised deal grants SDX a higher gas price for production, effective from May 1, 2023.

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Activity Agenda

May 2023
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Today
26 MAY 2023

No events planned this day.

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