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2 months ago | 
energypolicy.columbia.edu | Anne-Sophie Corbeau |Ira Joseph |Jason Bordoff
Morningside Campus Status Updates For the latest updates on access to the Morningside campus, visit the Public Safety website. Read more.
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May 23, 2024 | 
energypost.eu | Ira Joseph
Something is going to make the planning of regional power generation and associated markets even harder: the ability of big data users to shift their demand across the globe quickly, based on price. Ira Joseph at CGEP peers into the near future to ask some difficult questions. When such power demand can “at the push of a button” migrate long distances, how do you make predictions for local capacity needs? And today, market design in most countries is based on heavily regulated power markets.
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May 9, 2024 | 
energypolicy.columbia.edu | Ira Joseph
The idea of a global electricity market has always been a bit of a misnomer.[1] Fuels such as gas, oil, coal typically travel around the world to fuel power generation; the sun travels ever farther through space and time. In contrast, electricity itself travels on a regional basis. Most transmission systems are local in nature and at most, stretch over several hundred miles.[2]Two factors are changing power markets with globalization, emerging at both the supply and demand end of the value chain.
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Jan 31, 2024 | 
energypolicy.columbia.edu | Anne-Sophie Corbeau |Ira Joseph |Akos Losz
Three CGEP scholars weigh in on the consequences of the Biden administration’s decision to pause pending approvals of liquefied natural gas (LNG) exports from the US to non-free trade agreement countries.[1] Anne-Sophie Corbeau looks at the pause in the context of the broader LNG market. Ira Joseph takes on its significance for the projects themselves and their relation to the US gas market, and Akos Losz looks at the longer term implications for the global gas market and US climate policy.
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Jan 9, 2024 | 
energypolicy.columbia.edu | Ira Joseph
The world is projected to increase its new liquefied natural gas (LNG) production capacity by 50 percent[1] by the end of this decade, fueled by the expectation that LNG will be needed as a bridge fuel and the assumption that Russian pipeline gas exports will not return to the European market in the same volumes as before the war in Ukraine, if at all. New LNG production capacity will require gas production from new fields or the expansion of production from existing fields.
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Oct 24, 2023 | 
energypolicy.columbia.edu | Ira Joseph |Diego Rivera Rivota
Publications Commentary Natural Gas Mexico is among the largest natural gas importers in the world. But within this group it stands apart for meeting most of its natural gas demand (69 percent in 2022[1]) through a single source: piped gas from the United States. Mexico’s reliance on US gas has grown steadily over the past decade.
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Aug 29, 2023 | 
energypolicy.columbia.edu | Ira Joseph
An immense amount of capital is flowing into creating the next generation of liquefied natural gas (LNG) supply; much less is going toward what happens to the LNG once it leaves the liquefaction facility.[1] One acute area of need is additional storage, particularly in Asia, where the primary markets for demand growth do not require the same level of supply all 12 months of the year.
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Aug 10, 2023 | 
energypolicy.columbia.edu | Anne-Sophie Corbeau |Ira Joseph |Akos Losz
In Australia, workers at the Chevron-operated Gorgon and Wheatstone liquefied natural gas (LNG) plants and at the three offshore producing platforms feeding the North West Shelf terminal, operated by Woodside, announced earlier this week that they were preparing to pursue industrial action.[1] Markets reacted nervously to the news and European benchmark month-ahead TTF (Title Transfer Facility) prices jumped by 28 percent on the day after the announcement.[2] The labor unions’ demands include...
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May 30, 2023 | 
energypolicy.columbia.edu | Akos Losz |Ira Joseph
By Akos Losz , Ira Joseph • May 30, 2023 As the summer approaches, the European Union (EU) is confronting an unusual situation amid the worst energy crisis in its history: too much gas to handle—at least in the near term. A short-term glut can become a shortfall in the winter if Europe slows the pace of storage injections or runs out of storage space.
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Apr 26, 2023 | 
energypolicy.columbia.edu | Ira Joseph |Anne-Sophie Corbeau
Qatar is one of the world’s three largest liquefied natural gas (LNG) exporters, along with the United States and Australia.[1] Qatari and US exports are the yin and yang of the global LNG market, although some observers might argue that Qatar straddles both sides of the cosmological divide. While Qatar will compete with US LNG, its 70 percent ownership of the US-based Golden Pass LNG export project enables the powerhouse producer to market supply from dual locations and enhance its returns.
