Since the 1973 oil price shock, the history and behaviour of the Organization of Petroleum Exporting Countries (OPEC) have received considerable attention both inthe academic literature and in the media.1 Many conflicting theoretical and empirical interpretations about the nature of OPEC and its influence on world oil markets have been proposed. The debate is not […]
Power and Order: the Energy Dimension, also by Dr Robert Skinner, for his introduction of ‘Power and Order: the Energy Dimension’ for the Global Policy Council conference “Global Power and International Order in the 21st Century” held in Berlin, 2-3 June 2006.
Why do we need a study on gas demand? First, because energy forecasts predict natural gas to be the fastest growing primary energy source in Europe in the next 2−3 decades. Gas demand forecasts commonly show optimistic trends increasing gently or steeply, as shown in Figure 1. The reasons for this expected ‘dash for gas’ […]
This background note was presented by Dr. Robert Skinner at the Government of Canada Energy Symposium on 28th October 2005, Ottawa, Canada.
Most people still believe that the big international oil Companies dominate the governance of world oil. This is not surprising since these companies continue to be amongst the largest in the world and through most of the twentieth century their power has been unchallenged. Their eclipse inside the exporting countries by the national oil companies […]
OPEC Cycles and Crude Oil Market Dynamics https://t.co/pPZC2FIpWz
A new OIES paper proposes a new model for electricity market design: the insurer-of-last-resort model intended to p… https://t.co/DCUxMNAPCV
Decarbonized Market Design: An Insurance Overlay on Energy-Only Electricity Markets https://t.co/5ABluITTPn