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Editorial Committee
Editorial Assistant
 
Dr Georgia MAKRIDOU
Director, EMC
Associate Professor, ESCP Business School, UK
 

E: [email protected]
T: +44 (0)20 7443 8971

The Energy Management Centre periodically publishes working papers involving research by the members of the Laboratory and joint projects with external researchers.

The Working Paper Series provides researchers with the opportunity to make the results of new and continuing work available in a timely fashion. Many of the working papers are draft stages of articles that will eventually be published in international scientific journals. 

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2024
Unplugged Potential: The Bold Promise of Repurposed EV Batteries in Shaping Our Energy Future

Are We Creating a Compromise?

Every year in the United Kingdom and Australia, thousands of incidents involving devastating fires linked to batteries in waste management facilities or vehicles are reported. Paradoxically, these are facilities meant to contain such hazardous activities. Furthermore, headlines such as “Batteries Starting Fires at Yellowknife’s Landfill, City Says,” posted by Cabin Radio, report unreported hazardous incidents potentially linked to batteries, and are becoming more common around the globe. These reports and news are increasingly alarming because they come at the cost of life, property damage, and monetary losses, and given the fact that we heavily rely on batteries for the energy transition, they could lead to safety and environmental compromises if not treated properly.

 
Aman Kumar ,
Student at ESCP's MSc in Energy Management
2021
Harnessing Nuclear Power to Meet Croatia’s Energy Needs
  • Croatia should commission a Small Modular Reactor (SMR) as a pioneer of new types of nuclear power station

This short policy report considers the opportunities available to the Croatian government for the utilisation of new nuclear technology for domestically produced energy.

As other European countries struggle to balance their desire for a reliable energy supply with their contribution to climate change, recent advances in nuclear technologies present a solution.

 
Anthony Evans ,
Professor at ESCP Business School
 
Lordia Yalley,
Student at ESCP's MSc in Energy Management and ESG Analyst Intern at Vigeo- Eiris - a subsidiary of Moody's Corporation
 
Faith Ogedengbe,
Student at ESCP's MSc in Energy Management and Solar Project Finance Intern at the CMR Group & 2020 GARP Research Fellow
2020
Fuel Poverty: a distinct problem? Interesting… but possibly misleading

A pressing issue for policy makers

Availability and affordability of energy have become pressing issues. Particularly in the poorest areas on the planet where energy infrastructures is still insufficiently developed, but in more mature countries as well, where the less favoured have too often no choice but to accept poor housing conditions characterised by low energy efficiency and hence expensive energy bills. Today, access to affordable energy is considered to be a basic human right and as such a key goal for policy makers. In this context the concept of “fuel poverty” has emerged. Robinson et al. (2018)1 define fuel poverty as « an inability to attain the socially and materially necessitated domestic energy services that ensure the wellbeing of a household, allowing them to participate meaningfully in society ». This view is aligned with the general definition of poverty and social exclusion2. Of course, a large number of academic studies, surveys and reports addressing this specific theme have been produced. Their aim is first to reveal the growing importance of this problem and its related potential severe consequences, then to identify the mechanisms involved in the rise of this form of poverty and to imagine indicators to identify the population at risk. The ultimate goal is of course to propose guidance for corrective actions.

 

A relevant approach? 

Download the paper to read more ...

 
Dr Patrick Gougeon,
Emeritus Professor at ESCP Business School
2013
Where does energy come in the global economy?

Growth has been the driving force for most countries and organizations. Global economy has grown over the last thirty years. Although the growth rate varied, but overall the global economy has got a rate of over 2 % as measured by GNP. During the last ten years we are seeing a new phenomenon; the emerging markets have grown at a much faster rate. The balance of global economy has radically changed. But where does energy come in? The growth means demand for energy. Energy production has to grow to sustain the growth.

 
2012
An Integrated Approach for Energy Efficiency Analysis in European Union Countries

This paper evaluates the energy efficiency of EU countries over the period 2000-2010. At the first stage, Data Envelopment Analysis (DEA) is employed, combining multiple energy consumption data, economic outputs, structural indicators, and environmental factors. The efficiency estimates obtained from the analysis are evaluated in a second stage through a multiple criteria decision aiding methodology (MCDA). The proposed non-parametric approach combining DEA with MCDA enables the modeling of the problem in an integrated manner, providing not only energy efficiency estimates, but also supporting the analysis of the main contributing factors, as well as the development of a benchmarking model for energy efficiency evaluation in country level.

 
Dr Kostas Andriosopoulos,
Fmr. Associate Professor, ESCP Business School, UK
 
Dr Georgia Makridou,
Director, EMC Associate Professor, ESCP Business School, UK
 
Dr Michalis Doumpos,
Co-Director of Research, Financial Engineering Laboratory Associate Professor, Technical University of Crete, Greece
 
Improving Carbon Efficiency: is Economic Growth so Favourable?

In this paper we present an empirical study to verify the assertion of a negative impact of economic growth on carbon efficiency using a cross country analysis. More precisely we are concerned with the relation between past growth and CO2 emissions, assuming that rapid growth in the past may explain lower carbon efficiency today. The central idea tested is that hasty growth is likely to slow down the improvement of energy and carbon efficiency. In other words, using an ordinary least square multifactor model to explain carbon intensity, we verify that the coefficient for an exogenous variable measuring the average past growth rate (apgr) for each country in our sample, is significantly positive.

 
 
Dr Kostas Andriosopoulos,
Fmr. Associate Professor, ESCP Business School, UK
 
Dr Othman Cole,
Affiliate Professor ESCP Business School, UK
2011
Oil Scenarios for Long-Term Planning: Royal Dutch Shell and Generative Explanation, 1960-2010

Most executives know that overarching paints of plausible futures will profoundly affect the competitiveness and survival of their organisation. Initially from the perspective of Shell, this article discuses oil scenarios and their relevance for upstream investments. Scenarios are then incorporated into generative explanation and its principal instrument, namely agent-based computational laboratories, as the new standard of explanation of the past and the present and the new way to structure the uncertainties of the future. The key concept is that the future should not be regarded as 'complicated' but as 'complex', in that there are uncertainties about the driving forces that generate unanticipated futures, which cannot be explored analytically. 

 
Voudouris V.
 
Dr Michael Jefferson,
Member, International Advisory Board, Energy Policy journal Affiliate Professor, ESCP Business School, UK

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