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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.
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...
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...
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...
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...
Carbon Capture and Storage (CCS) is a set of technologies that can contribute to reducing anthropogenic carbon emissions. Using the technology, the captured CO2 can either be permanently stored in underground geological sites or used for various industrial processes, including enhanced oil recovery (EOR), a process which has been widely adopted by oil and gas companies to improve oil production....
New legislation was passed in 2022 in India to amend the Energy Conservation Act (ECA) of 2001 and create a broader set of legal powers for the government to support its climate goals and the nationally determined contributions (NDCs) in particular. It is expected that the enacted amendments to the ECA will accelerate progress on decarbonization of the Indian economy...
China’s all important “Two Sessions” wrapped up in Beijing on 13 March 2023, setting out the key macroeconomic priorities for the year and suggesting a cautious growth outlook. While Beijing set to deliver its “around 5%” GDP growth target—leading to a recovery in energy consumption—the nature nature of the economic rebound matters: Whether it is more consumer-led, as Q1 2023...
Electricity market design has become a highly debated issue in recent times, especially in Europe, where the surge in wholesale electricity spot prices can be attributed to the excessively high costs of natural gas. Many people believe that the root cause lies in the market design's emphasis on determining a single market clearing price based on the most expensive resource...
In this podcast, David Ledesma talks to Professor Michael Grubb of UCL and Malcolm Keay of the OIES on the proposed dual market designs for electricity. In recent months, electricity market arrangements have been widely debated in the UK and Europe, because of the impact of high gas prices and the fundamental changes the system is undergoing as decarbonisation progresses....
The new issue of OIES Oil Monthly, including our latest short-term oil market outlook to 2024, is now available. - Our forecast for global oil demand growth remains roughly unchanged at 1.6 mb/d in 2023 and 1.7 mb/d in 2024. China’s stronger than anticipated turnaround in Q1 buoyed non-OECD growth for 2023 to 1.5 mb/d, from 1.3 mb/d last month,...
In this latest edition of the Gas Quarterly we review the first quarter of 2023 against the signposts that we outlined at the start of the year. The overarching theme is that the outturn for Europe has been much more benign than could have been expected at the start of winter. A combination of warm weather, aggressive demand response to...
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.
In June 2023 OIES will hold it's 2nd Energy Transition Event over 2 days. This year's event will focus on 7 themes:
• The role of electricity markets in the transition and how the current energy crisis has opened a debate about market design.
• The role of energy networks in the transition.
• The role of energy storage in the decarbonization of the energy sector.
• The role of consumers in the energy transition and alignment of consumers’ choices with net-zero carbon emission objectives.
• The role of geopolitics and its implications for energy transition.
• The role of carbon markets in achieving net-zero objectives.
• Scaling up financing for climate action and mitigation technologies.
If you would like some more information please contact
Kate Teasdale
T
Energy Transition Research Initiative 
Gas Research Programme 
Electricity Research Programme 
Oil Research Programme 
China Energy Research Programme