Energy Transition Research Initiative

New OIES Research Paper – How proper measurement of low carbon hydrogen’s carbon intensity can reduce regulatory risk

Gas Research Programme

New OIES Podcast – The outlook for LNG in Japan, Korea and Taiwan

Electricity Research Programme

Reforming Capacity Markets: How to Incorporate the Flexibility of Residential Consumers?

Oil Research Programme

New OIES Oil Monthly – Issue 35

China Energy Research Programme

New OIES Podcast – Fact and fiction of clean innovation in China

The Oxford Institute for Energy Studies is a world leading independent energy research institute specialising in advanced research into the economics and geopolitics of the energy transition and international energy across oil, gas and electricity markets

  • Energy Transition Research

    Energy Transition Research at OIES focuses on the trends shaping energy systems, transformations in behaviours and business models, and the implications of shifting from the existing hydrocarbon-dominated energy economy to a system in which renewables, low-carbon energy sources and abated use of hydrocarbons will play a much greater role.

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  • Gas Research Programme

    The Gas Programme, launched in 2003, has become one of the foremost sources of independent academic research on gaseous fuels and their role in the energy economy. The programme has historically focused on natural gas, and while this remains a core strength it is increasingly also turning its attention to...

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  • Electricity Research Programme

    The Electricity Research Programme focuses on fundamental issues including re-design of electricity markets to integrate zero marginal cost renewables, regulation of electricity networks to accommodate variable supply/demand and incentivizing efficient investment and identifying conditions for efficient growth of distributed energy resources (DERs), activating demand side flexibility and consumer participation in...

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  • Oil Research Programme

    The Oil Research Programme, established in 2009, has cemented its reputation as a leading source of academic research on oil market issues. The Programme’s research group continues to produce high-quality empirical oil market research of international significance based on its core understanding of oil market dynamics and price cycles, the...

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  • China Energy Research Programme

    Launched in 2019 the OIES China Energy Research Programme, is a center of analytical excellence offering insights into the factors that inform China’s energy policies and choices and their pivotal role in global energy markets. China is the world’s second largest economy, biggest importer of crude oil, the fastest growing...

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Latest Research Papers

Low carbon hydrogen (whether based on renewable or nuclear electricity, or fossil fuels with carbon capture) is a means to decarbonise sectors of the economy which are hard to electrify. Its business model is heavily dependent on government intervention (e.g. mandatory targets, subsidies, decarbonisation policies) so low carbon hydrogen is subject to significant regulatory risk. The boundary between low carbon...

Latest Energy Insights

On May 27th, the Council approved the EU Methane regulation, which is expected to come into force in early July 2024. This Regulation introduces new rules for measurement-based Monitoring, Reporting, and Verification (MRV), Leak Detection and Repair (LDAR), and limits on routine venting and flaring across the oil, gas, and coal supply chains. The EU is the first jurisdiction to...

Latest Energy Comments

The State of the European Hydrogen Market Report provides an independent view of latest developments in the EU and UK.   It is intended to be the first of a series of annual publications which will provide a snapshot overview of how the European hydrogen market is progressing each year.   It covers both qualitative information, details of the relevant regulatory frameworks...

Latest Oxford Energy Forum

Energy storage, encompassing not only the storage of electricity but also the storage of energy in various forms such as heat and chemicals, is a linchpin in the movement toward a decarbonized energy sector, due to its myriad roles in fortifying grid reliability, facilitating the integration of renewables, and advocating for energy efficiency and equity. Furthermore, energy storage facilitates the...

Latest Podcasts

In this latest OIES China Energy programme podcast, Michal Meidan talks to Brad Simmons about US policies to re-shore and friend-shore lithium-ion battery supply chains and their incompatibility with efforts to limit dependencies on China. They discuss the electric vehicle subsidies under the US Inflation Reduction Act (IRA) and how tax eligibility is complicated by “foreign entity of concern” (FEOC)...

Latest Quarterly Gas Review

In this first edition of the Gas Quarterly for 2024 we review the developments during winter 2023/24 on the European gas market and global LNG market and draw conclusions about the outlook for prices and the supply-demand balance in summer 2024. In pricing terms, the winter of 2023/24 was notable insofar as the price peak arrived in October, driven by...

Latest China Energy Monthly

This is the first edition of the new China Energy Monthly. It includes a selection of the most recent macro and energy data for China including a number of proprietary data sets as well as a brief commentary about short-term trends.

Latest Oil Monthly

The new issue of OIES Oil Monthly, including our latest short-term oil market outlook to 2025, is now available. - Our Brent price forecast is little changed from last month at $85.2/b in 2024 and $78.5/b in 2025, from $84.5/b and $79.0/b, respectively. Our forecast this month incorporates the June 2 decisions by OPEC+ and the group of eight OPEC+...

Latest Presentations

This new OIES presentation reviews the major changes in the Gulf refining scene that coincided with the Russia-Ukraine war, which has already resulted in massive shift in crude and products trade flows, reinforcing and intensifying some of these shifts. First, we take a closer look on the key transformations in the Middle East refining scene with the newest refineries in...

OIES Energy Transition Event 2024

In June 2024 OIES will hold it's 3rd Energy Transition Event over 2 days.

The event will cover the following issues:

3 June

• Green Industrial Policy and the Geopolitics of the Transition.
• What is next for Battery Supply Chains?
• Inflation, Macroeconomics and Financing Renewables.
• Carbon Offsetting, Removals and Net Zero Targets.

4 June

• Navigating Challenges and Seizing Opportunities in Offshore Wind.
• Grids and Clean Energy Transitions.
• Energy Storage’s Crucial Role in a Sustainable Future.

The Guide to Chinese Climate Policy 2022

China is the world’s leading emitter of heat-trapping gases by a wide margin. Its policies for limiting emissions will have a significant impact on the global climate for decades to come.

This Guide to Chinese Climate Policy provides information on China’s emissions, the impacts of climate change in China, the history of China’s climate change policies and China’s response to climate change today.

Visit the website to download the Guide