Podcasts - Oxford Institute for Energy Studies
A world leading independent energy research institute
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OIES Podcast – Taking stock of latest developments in China’s electricity demand and power sector reforms
06/06/2025
OIES Podcast – Taking stock of latest developments in China’s electricity demand and power sector reforms
In this latest podcast Michal Meidan talks to Anders Hove about some of the latest developments in China’s power sector. They discuss impressions from Anders’ recent trip to Beijing, insights on electricity demand and the latest (rather confusing) moves in power sector reforms. Michal and Anders also talk about the outlook for renewable deployment in China as well as the implications of electrification on oil demand.
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OIES Podcast – Artificial Intelligence (AI) and its implications for electricity systems: A focus on the AI arms race and electricity needs
05/28/2025
OIES Podcast – Artificial Intelligence (AI) and its implications for electricity systems: A focus on the AI arms race and electricity needs
In this latest OIES podcast from the Electricity Programme, Dimitra Apostolopoulou talks to Senior Research Fellow David Robinson and Independent Researcher Plutarco Naranjo about the Oxford Energy Forum (OEF) issue titled “Artificial Intelligence (AI) and Its Implications for Electricity Systems”. In this podcast, we provide an overview the OEF and discuss David’s and Plutarco’s paper titled: “The AI arms race and electricity needs”. The conversation begins with a summary of what AI is and how Large Language Models (LLMs) contribute to an increase in data centre energy needs with their training and inference phases. Building on this, David discusses how renewable energy and other sources, such as nuclear, can mitigate the direct impacts of AI and power the surge in data centre demand. The discussion then broadens to examine AI’s indirect influence on climate change, followed by insights into how AI could improve the operation of decarbonised and decentralised power systems. Plutarco also addresses the cybersecurity risks associated with these increasingly complex systems. Finally, the conversation turns to the role of policy in guiding the sustainable development of AI to support the broader energy transition.
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OIES Podcast - Update on methane emissions
05/23/2025
OIES Podcast - Update on methane emissions
In this latest OIES podcast James Henderson talks to Jonathan Stern and Maria Olczak about their latest research on methane emissions in the energy sector. Firstly, Jonathan outlines his thoughts on what progress has, or has not, been made since methane emissions became a focus of industry attention five years ago. He summarises his thoughts by outlining his four “A”s – awareness of the issue has improved, agreements have been signed underlining its importance, aims to improve the situation have seen targets created but achievements have been somewhat more limited and disappointing. Jonathan also discusses the impact of the Trump administration on US methane emission targets and incentives and considers the impact on the LNG industry. Maria then picks up the topic from an EU perspective, discussing how the EU methane regulation could be transformative for the global gas market and could change the way that the EU selects its sources of gas supply. She looks at the biggest practical and technical hurdles ton its implementation and considers whether the Commission’s new focus on competitiveness and affordability could dilute the impact of the regulation in the years ahead.
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OIES Podcast – Carbon Capture and Utilisation (CCU)
05/14/2025
OIES Podcast – Carbon Capture and Utilisation (CCU)
In this podcast, Hasan Muslemani speaks to Nnaziri ihejirika about carbon capture and utilisation (CCU) as a carbon management tool and its role in the energy transition. The podcast discusses different definitions of CCU and of emerging carbon utilisation pathways, including biochar production, manufacture of concrete and aggregate materials, and production of e-fuels and e-chemicals. The podcast also highlights issues around storage permanence and interactions with CCS and carbon removal developments.
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OIES Podcast – The future of Russian gas flows
05/06/2025
OIES Podcast – The future of Russian gas flows
In this latest OIES podcast, from the Gas Programme, James Henderson talks to Bill Farren-Price and Jack Sharples about their latest research on the future of Russian gas flows. Bill first provides some context for the discussion in terms of the search for a ceasefire in Ukraine and the development of US-Russia relations, highlighting the possibility of sanctions being removed on Russian LNG. He discusses the potential impact of the arrival of LNG from the Arctic LNG 2 project, which has been hardest hot by sanctions to date, and considers the various incentives and price outcomes. Jack then considers pipeline flows, looking at the various routes for Russian gas to Europe and discussing the practical, regulatory and contractual challenges that would face any rebound in gas exports. His overall conclusion is that it will be difficult to see any significant short term increase, and that by the time Russian gas could return it will be encountering a much more competitive gas market as new LNG projects come online.
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OIES Podcast – Gas quarterly and market update
04/28/2025
OIES Podcast – Gas quarterly and market update
In this latest OIES podcast, from the Gas Programme, James Henderson talks to Bill Farren-Price, Jack Sharples and Anouk Honore about the latest Gas Quarterly and their thoughts on the current state of the global gas market. Bill opens the podcast with a review of the current market drivers and the main catalysts of the recent decline, with a focus on the impact of US tariffs as well as more fundamental gas supply and demand. Anouk picks up the story with a review of Europe gas demand over the winter of 2024/25, highlighting the increasing volatility of gas demand in the power sector, the struggle for demand recovery in the industrial sector and the impact of cold weather on residential consumers. Finally, Jack reviews global LNG supply, the main shifts in demand in Asia and the impact on LNG availability to Europe. He then looks at how LNG fits into the overall European supply picture before concluding with a look at the storage market and what it implies for future prices.
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OIES Podcast – EVs and Battery Supply Chains: Issues and Impacts
04/25/2025
OIES Podcast – EVs and Battery Supply Chains: Issues and Impacts
In April 2025, the China Programme published an issue of the on the topic of EV and battery supply chains. The aim of the Forum was to think about how other world regions are seeking to react to the rapidly increasing dominance of China in global battery and EV supply chains. In this podcast Bill Farren-Price talks to Anders Hove to get an overview of the key themes of the Forum. In particular, they discuss the implications of the Trump administration’s tariffs for EV supply chains in the US and Mexico, how developing world economies are navigating the need to work with China while not becoming overly dependant on new technology imports, and how European countries are facing difficult choices when attempting to localize battery production while protecting home industries. A common theme is diversity: while all countries face similar challenges, and are deploying well-established policy tools, their different starting conditions and resource endowments makes a common approach unlikely. Fragmentation is even evident in Europe, where EU efforts at localizing manufacturing and encouraging tech transfer run up against differing priorities of automakers and member states like Hungary. The strategic and economic importance of the car industry makes it inevitable that countries will continue to search for ways to localize production and compete with China. But China’s first-mover advantage and the immense scale of China’s domestic EV market will make it difficult to replicate China’s success.
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OIES Podcast – Economics of Electricity Grid Interconnections: A Heterogeneous Markets’ Design Context
04/16/2025
OIES Podcast – Economics of Electricity Grid Interconnections: A Heterogeneous Markets’ Design Context
In this latest OIES podcast from the Electricity Programme, Dimitra Apostolopoulou talks to Doctoral Fellow Anas Damoun about his latest paper co-authored with Rahmat Poudineh titled “Economics of Electricity Grid Interconnections: A Heterogeneous Markets’ Design Context”. In this podcast, we discuss the critical role of interconnections in the energy transition as well as analyse the numerous benefits, e.g., technical, commercial and economic, they entail. We differentiate between homogeneous and heterogeneous interconnections since they connect countries with different market structures. We provide insights into the magnitude of interconnection benefits that depend on their efficient utilisation, which is harder to achieve in the heterogeneous case. Next, Anas discusses ways of improving the utilisation of heterogeneous interconnections with the use, among others, of long-term cross-border contracts and distancing cross-border scheduling from real-time dispatch. Last, we discuss the overall challenges that interconnections face and ways to overcome them.
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OIES Podcast – The UK’s Decarbonisation Objectives, the Role of Great British Energy, and REMA
04/09/2025
OIES Podcast – The UK’s Decarbonisation Objectives, the Role of Great British Energy, and REMA
In this latest OIES podcast from the Electricity Programme, Dimitra Apostolopoulou talks to Senior Research Fellow Malcolm Keay about his latest paper titled “The UK’s Decarbonisation Objectives and the Role of Great British Energy” and the latest developments and key challenges of the Review of Electricity Market Arrangements (REMA). We start our discussion with the great progress the UK has made in its decarbonisation targets. We continue diving into the challenges of scaling up investments in renewable generation, storage resources, and demand-side flexibility, as well as the role of Great British Energy. We then focus on REMA and discuss the latest developments, such as locational pricing. Last, we discuss REMA’s main missing components, such as policy alignment, retail markets, nuclear generation and interconnections. An example of policy misalignment is the UK’s goal to become an artificial intelligence (AI) superpower and the rising electricity prices. AI is very energy-intensive, and countries with lower electricity costs will likely enjoy a competitive advantage compared to the UK.
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OIES Podcast – Challenges and Opportunities for Renewable Hydrogen in Europe
04/03/2025
OIES Podcast – Challenges and Opportunities for Renewable Hydrogen in Europe
In this latest OIES podcast James Henderson talks to Anne-Sophie Corbeau about the EU’s plans for renewable hydrogen, with a particular focus on the industrial sector. The discussion starts with a description of the current state of the hydrogen market in Europe before defining the nature of renewable hydrogen in particular and explaining why it is being given such a high priority by the EU. The targets set in the RED III directive are then discussed, before we move on to the actions being taken by individual member states to implement them and the implications of the divergences that are emerging between countries. We then look at particular sectors which are being affected by the new initiatives and look at the question of cost competitiveness and the need to incentivise demand in order to support the transition process. Finally, we examine the need for new infrastructure and assess whether enough is being done to ensure that the full hydrogen value chain is in place.
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OIES Podcast – Decarbonisation in Europe and scenarios for gas
03/25/2025
OIES Podcast – Decarbonisation in Europe and scenarios for gas
In this latest OIES podcast, brought to you by the Gas Programme, James Henderson talks to Kong Chyong about his latest paper on the EU’s decarbonisation plans and the implications for natural gas. Kong talks through five scenarios which he has modelled in detail and which focus on targets for future emissions, the implied carbon prices and the impact on gas demand in the region. The scenarios range from an aggressive “Accelerated Path to Net Zero”, mirroring the EU’s current plan to reduce emissions by 90% by 2040 before reaching net zero in 2050, to a much more conservative “Low Carbon Price” scenario. Kong highlights that the more rapid decarbonisation scenarios have a dramatic impact on gas consumption but also imply a very high carbon cost. He outlines his policy recommendations which largely involve finding a balance between achieving climate goals and avoiding the imposition of an excessive cost on the European economy.
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OIES Podcast – Carbon Border Adjustment Mechanism (CBAM)
03/21/2025
OIES Podcast – Carbon Border Adjustment Mechanism (CBAM)
In this podcast, Hasan Muslemani speaks to Dan Maleski about developments around the EU’s Carbon Border Adjustment Mechanism (CBAM), specifically discussing how the mechanism would be enforced in practice and concerns that importers into the EU and exporters in non-EU countries have. The podcast also reflects on on-going policy changes in CBAM that are aimed at mitigating risk of circumvention and resource shuffling by exporters into the EU.
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OIES Podcast - Europe’s cobalt supply security: what is the role of the Democratic Republic of Congo and of China?
03/14/2025
OIES Podcast - Europe’s cobalt supply security: what is the role of the Democratic Republic of Congo and of China?
In this latest OIES podcast Michal Meidan talks to Bryan Bille from Benchmark Mineral Intelligence about Europe’s need for cobalt as part of its efforts to achieve carbon neutrality and grow its lithium-ion battery industry, and the role of the DRC within that. Michal and Bryan talk about Europe’s growing demand for cobalt, how policies aim to develop new sources of cobalt and encourage domestic processing. They also discuss the challenges associated with market concentration in the DRC for mining and in China for processing the trade-offs European countries will have to make as they balance supply chain diversification with decarbonisation targets.
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OIES Podcast – China’s green industrial policy
03/05/2025
OIES Podcast – China’s green industrial policy
This OIES podcast is based on two articles in the on Green Industrial Policy. James Henderson talks to Michal Meidan and Anders Hove about their thoughts on China’s position in the energy transition and the role of innovation as part of its green industrial strategy. In the first part of the podcast Michal outlines her thoughts on why China now sits at the heart of the global energy transition and how countries in the West could, and perhaps should, address the questions of China’s dominance in certain green technologies and the minerals required in their implementation. Anders Hove then considers how innovation, when linked with industrial policy, has played a major role in the rapid development of technologies in China, with technology transfer, local content rules and the use of government-supported pilot projects and industrial clusters all being used as part of the process. Anders discusses whether other countries can learn from this combination of strategies and Michal concludes with thoughts on how the West can avoid dependency on China while still pursuing ambitious climate goals.
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OIES Podcast – Diversification and de-risking in new energy supply chains: Latin America’s Positioning in Critical Minerals Geopolitics
02/26/2025
OIES Podcast – Diversification and de-risking in new energy supply chains: Latin America’s Positioning in Critical Minerals Geopolitics
In this podcast Anders Hove talks to Tom Moerenhout and Victoria Barreto Vieira do Prado about how Latin American countries are navigating the geopolitics of clean energy supply chains. Moerenhout and Vieira do Prado, scholars at Columbia University’s Center on Global Energy Policy (CGEP), discuss the challenges Latin American countries face in moving upstream from minerals extraction to higher-value parts of the supply chain. While most countries with critical minerals are seeking to localize processing or battery materials production, this is likely to prove difficult in practice. In particular, minerals processing and cathode or anode production are highly specialized fields, and depend heavily on access to key technologies and skills. However, there are reasons for optimism. The authors note that Latin American countries offer several advantages for Chinese, European and other clean energy players, in terms of stability and ESG (environmental, social and governance) standards, that could give them a leg up in attracting clean energy manufacturing. This podcast is the second in a series on ‘Responding to the China challenge: Diversification and de-risking in new energy supply chains.’ Moerenhout and Vieira do Prado’s article, ‘Latin America’s Positioning in Critical Minerals Geopolitics,’ is available in the on our website.
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OIES Podcast – Gas Quarterly and Outlook for Gas Markets in 2025
02/19/2025
OIES Podcast – Gas Quarterly and Outlook for Gas Markets in 2025
In this latest OIES podcast, brought to you by the Gas Programme, James Henderson talks to Jack Sharples and Anouk Honore about the analysis which they contributed to the latest Gas Quarterly, which is available on the OIES website. The podcast starts with a discussion of current pricing trends before moving on to consider key issues around gas supply via pipeline and LNG to the European market, in particular the impact of the shutting of the Ukraine transit route. Anouk then talks about the main drivers of European gas demand, with a particular focus on the increased volatility in gas demand in the power sector as a result of the expansion of renewables in the electricity system. Having then discussed industrial and residential demand, we turn back to Jack who looks at the current state of storage and expectations for the rest of winter, including the impact of gas demand in Asia. The podcast concludes with both fellow giving their views on the outlook for the remainder of 2025, looking at the overall global gas balance and reflecting on the fact that 2025 may well be the last year of tight gas supply before the anticipated wave of new LNG projects starts to arrive in 2026.
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OIES Podcast – Key Themes for Energy Markets in 2025
02/13/2025
OIES Podcast – Key Themes for Energy Markets in 2025
In this latest OIES podcast James Henderson talks to Bill Farren-Price about some of the key themes that will influence energy markets in 2025. They start by discussing the potential impact of the arrival of President Donald Trump in the White House for a second term, focussing on likely geopolitical and economic outcomes and how they might affect energy markets. Following on from that theme they look at how US LNG might emerge as an even greater force in global gas markets and whether it may be used as a geopolitical tool. The discussion then moves onto the broader outlook for the gas market in 2025 and the likely direction of prices in a relatively tight market. The future of Russian gas, and the possibility of a return to Europe if the war in Ukraine ends this year, is another potentially important theme, while Russia’s interaction with the OPEC+ group will also be key. The podcast looks at the outlook for oil markets and considers the ability of OPEC to manage price volatility during the year, before moving onto the ever-growing influence of China as a major source of hydrocarbon demand but also as a driver of energy transition technology and development. This leads to a discussion about the role of China in energy diplomacy, particularly as the US has once again pulled out of the Paris Agreement, which more broadly raises the question as to whether the COP process can retain its influence, with COP30 being a critical marker when countries should confirm greater ambition to reduce emissions.
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OIES Podcast – Responding to the China challenge in new energy supply chains
02/06/2025
OIES Podcast – Responding to the China challenge in new energy supply chains
In this latest podcast from the OIES China energy programme, Michal Meidan talks to Philip Andrews-Speed and Anders Hove about the policies and corporate strategies that have led to China’s centrality in new energy supply chains. This podcast is the first in a series drawing on contributions to the December 2024 issue of the Oxford Energy Forum, . The aim of the Forum was to unpack China’s dominance in new energy supply chains, assess how effective efforts to diversify away from China have been and think through the risks associated with dependency on China. In this first episode, Michal, Philip and Anders discuss the China play book, both the policy support that the Chinese government has offered in mining and refining as well as the various commercial approaches of vertical integration and intense innovation.
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OIES Podcast – Powering The Future: Energy Storage In Tomorrow’s Electricity Markets
01/30/2025
OIES Podcast – Powering The Future: Energy Storage In Tomorrow’s Electricity Markets
In this latest OIES podcast from the Electricity Programme, Anders Hove talks to Research Fellow Dimitra Apostolopoulou about the Oxford Energy Forum (OEF) issue on storage titled “Powering The Future: Energy Storage In Tomorrow’s Electricity Markets”. In this podcast, we provide an overview of the OEF and talk about Dimitra’s paper co-authored with Rahmat Poudineh titled: “Coupling storage and renewables: in the physical or virtual world?”. We elaborate on the challenges of scaling up build rates of storage projects and the role of governments in supporting them. In particular, we discuss the co-location of renewable and storage systems and argue that the regulatory and market framework should provide the appropriate signals that favour physical or virtual linkage depending on the specific system conditions. We then talk about the main revenue streams of storage systems and what potential improvements are necessary in electricity market designs. Last, we discuss the need for long-duration storage, their different characteristics compared to shorter-duration storage technologies and how to attract adequate investments.
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OIES Podcast – Reconfiguring solar PV supply chains
01/22/2025
OIES Podcast – Reconfiguring solar PV supply chains
In this latest podcast, Michal Meidan talks to Linxiao Zhu about the evolution of China’s solar photovoltaic manufacturing sector, how it has responded to trade defence measures in the past and how it is likely to evolve with the rise of green industrial policies. Linxiao discusses the origins of China’s solar PV sector and the importance of entrepreneurs and manufacturing innovation, arguing that subsidies had a smaller role than commonly assumed. He also talks about how the trade conflicts of the early 2010s impacted the industry in China, the EU and the US. Michal and Linxiao then discuss how more recent and impending trade conflicts — along with the rise of green industrial policies aimed at promoting import substitution — are reshaping the global supply chains.
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OIES Podcast - The implications of the end of Ukraine gas transit
01/14/2025
OIES Podcast - The implications of the end of Ukraine gas transit
In this latest OIES podcast, brought to you by the Gas Programme, James Henderson talks to Katja Yafimava and Jack Sharples about the implications of the end of the contract for the transit of Russian gas through Ukraine. The podcast starts with a discussion about the conditions that would need to have been met for the contract to continue and why they failed to materialise and in particular considers the attitude of EU member states and the Commission. We then look at the impact of the closing of the Ukraine route and the loss of a further 12 bcma of Russian gas to the European market, considering how alternative supplies have been sourced, what direction flows are now taking and what the impact on prices has been. We also discuss the potential impact on gas storage levels in Europe at the end of winter and the outlook for gas prices in the summer months as storage is re-filled. Finally we look at the likelihood, or lack of it, that Russian gas could return to Europe via the Ukraine route and whether the Turkish Stream pipeline would be able to act as a replacement for lost volumes.
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OIES Podcast – Energy from Waste with CCS
01/07/2025
OIES Podcast – Energy from Waste with CCS
In this podcast, Hasan Muslemani speaks to Karl Smyth about the role of the energy-from-waste (EfW) sector in the energy transition, specifically how carbon capture and storage (CCS) technology can help decarbonize the sector. The podcast discusses the potential and readiness to retrofit EfW plants with CCS, including associated costs, before taking a deeper dive into the status quo of the sector in the UK. The podcast also evaluates different benefits of EfW+CCS, emphasising its capacity to generate valuable carbon removals, emission reductions and low-carbon energy, and highlights the role of public perception in enabling its large-scale commercialization.
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OIES Podcast – Electricity, Green Hydrogen, and the Energy Transition
12/16/2024
OIES Podcast – Electricity, Green Hydrogen, and the Energy Transition
In this latest OIES podcast from the Electricity Programme, Dimitra Apostolopoulou talks to Senior Research Fellow David Robinson and energy consultant Mike Tennican (prior Senior Vice President and Director at National Economic Research Associates and a Professor at Harvard Business School) about their latest paper titled “Electricity, Green Hydrogen, and the Energy Transition”. In this podcast we discuss the forecast roles for both green hydrogen and electricity in the energy transition their complementary as well as their competing relationship. We then discuss the challenges associated with the demand for green hydrogen and the most likely demand to be replacing grey hydrogen. Last, we discuss lessons learned for green hydrogen from the electric power sector about the potential for increasing demand through cost reduction; successful business models; as well as appropriate support policies through regulation and markets.
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OIES Podcast - COP 29: The good, the bad and the unanswered
12/12/2024
OIES Podcast - COP 29: The good, the bad and the unanswered
In this latest OIES podcast, Michal Meidan talks to James Henderson about the outcomes of COP29 in Baku, Azerbaijan. They discuss the key issues going into the COP and the extent to which they were addressed: James highlights the gains as well as challenges around financing, the controversy around the role of oil and gas, progress on methane emissions as well as the issue of mitigation and adaptation. In addition to reflections on what was achieved, James highlights the questions that were ignored and the looming challenges facing the COP process, especially following the election of Donald Trump in the U.S.
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OIES Podcast – Gas Market Winter Outlook
12/10/2024
OIES Podcast – Gas Market Winter Outlook
In this latest OIES podcast, from the Gas Programme, James Henderson talks to Anouk Honore and Jack Sharples about their latest paper on the winter outlook for gas markets. After a brief discussion the price rally in 2024 and the implications of the forward curve, the conversation then moves to the question of demand in Europe. In the power sector, gas is taking on a new and more volatile role as the back-up for renewable energy, responding to changes in wind and solar availability. The weather is also playing a role in the residential sector, where a colder winter is expected to push up gas demand compared to last year. Finally, a rebound is now being seen in the industrial sector as economic activity picks up. On the supply side, the discussion focuses on the lack of flexibility offered by pipeline supplies and the likelihood that exports from Russia will fall again in 2025 as the transit through Ukraine ends. This leaves Europe much more reliant on the global LNG market where supply growth has been limited over the past year and where some projects expected in 2025 have been delayed. As a result, the market is likely to remain tight, with a key focus being on the level of European stocks at the end of winter.
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OIES Podcast – Trump’s re-election and implications for China’s energy policies and markets
11/29/2024
OIES Podcast – Trump’s re-election and implications for China’s energy policies and markets
In this latest OIES podcast, Michal Meidan, Philip Andrews-Speed and Anders Hove discuss how Trump’s re-election is perceived in Beijing; they assess what tariffs could mean for China’s economic growth trajectory, how Beijing would adapt its economic support measures in response and the implications for energy demand. Michal, Philip and Anders talk about the implications for bilateral trade and investments in energy between the US-China and how this could re-shape global energy markets. They also discuss how Trump’s re-election will impact global climate action and on clean energy innovation.
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OIES Podcast - What drives international gas prices in competitive markets
11/21/2024
OIES Podcast - What drives international gas prices in competitive markets
In this latest OIES podcast, brought to you by the Gas Programme, James Henderson talks to Mike Fulwood about his latest paper on global gas prices. The podcast starts with a brief discussion about the history of gas pricing and the globalisation of the gas market, highlighting the vital role played by LNG in joining up what was previously a series of regional markets. The podcast then examines four common fallacies associated with gas prices recently – the cost stack fallacy, the marginal price fallacy, the Europe hooked on Russian gas fallacy and finally the fallacy that the TTF market was broken in 2022 because of the record price spike. In addressing these fallacies Mike outlines his multi-dimensional framework for analysing the value of gas and relates it both to the recent history of gas prices but also to the outlook for the next few years.
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OIES Podcast – MENA and the challenges of the EU market and Green Deal
11/12/2024
OIES Podcast – MENA and the challenges of the EU market and Green Deal
In this latest OIES podcast from the Gas Programme, James Henderson talks to Mostefa Ouki about his latest paper on “Market and EU green regulation challenges for MENA’s gas exporters to Europe.” The podcast looks at the key challenges faced by MENA gas exporters as demand for gas in Europe goes into decline in response to the energy transition and the desire to improve energy security in the aftermath of the Russian invasion of Ukraine. Initially MENA exporters have benefitted from the EU’s search for alternative sources of gas supply, but over the medium to longer term the EU’s plan to decrease gas demand and to tighten rule on environmental standards will undoubtedly affect the MENA countries. In particular, MENA countries will need to find an adequate response to new methane regulations and in general will be forced to focus more on their GHG footprint in order to ensure that their hydrocarbon exports are competitive in the EU market. Furthermore, they will also need to balance the future of natural gas exports with the potential to send hydrogen to the European market, although this option is very much for the long-term as little progress has been made to date.
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OIES Podcast – Key questions ahead of COP 29
11/06/2024
OIES Podcast – Key questions ahead of COP 29
In this latest podcast from OIES, Michal Meidan talks to James Henderson about COP 29 which will be held in Baku, Azerbaijan between November 11-22. Michal and James take stock of last year’s COP and the key issues this year’s conference will need to address: Financing, including the outlook for contributions under the terms of the New Collective Quantified Goal (NCQG) and the Loss and Damage Fund; Adaptation and mitigation measures as well as Article 6 on voluntary carbon markets. They also discuss methane emissions, and whether they are likely to feature in Baku and how the complex geopolitical environment will impact the outcomes of COP 29.
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OIES Podcast – Hydrogen Offtake Agreements
10/31/2024
OIES Podcast – Hydrogen Offtake Agreements
In this latest OIES podcast from the Gas and Hydrogen Programmes James Henderson talks to Agnieszka Ason about her forthcoming paper on hydrogen offtake agreements. The discussion starts with an overview looking at the role of offtake agreements and the current state of hydrogen contracting before moving on to consider the key reference points and precedents for the contracts and their future development. Given the uncertainties around pricing, government support and regulation in various jurisdictions the podcast then looks at the levels of adjustment and adaptation that will be needed in contracts, and we also talk about the likely levels of take-or-pay flexibility that buyers may demand given the risks around demand forecasts over the next two decades. Finally, the podcast looks at the environmental clauses that will be a key element of hydrogen contracts, considering how the parties will incorporate emissions transparency and certification into the agreements.
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