Baker Institute Center for Energy Studies (CES)

🌟 Register now: Evolving U.S.-India Trade and Investment Relationship: Trump 2.0 and Beyond. Join us for a discussion with Mark Linscott, the Former Assistant U.S. Trade Representative (USTR) for South and Central Asian Affairs, and fellow Gabriel Collins on the evolving U.S.-India trade and investment relationship at our upcoming event. 📅 Date: Tuesday, January 21, 2024 🕐 Time: 3 pm CST 📍 Location: In-person at Rice University's Baker Institute for Public Policy This event will explore the complexities of trade policy, investment opportunities, and the broader economic ties between the United States and India. Experts will provide insights into key issues and potential strategies for fostering a mutually beneficial partnership. RSVP today! 🔗 https://lnkd.in/gihq5hM7 #BakerEnergy #USIndiaRelations #TradePolicy #EconomicPolicy #GlobalBusiness #InternationalRelations 

📢 NEW STUDY 🌍⚡ A new study in Nature Sustainability by Raul Bajo Buenestado, António Miguel Bento, Dan Kaffine, and Zissis Marmarelis explores the link between energy decarbonization and market vulnerability. Despite Europe's progress in adopting carbon-free electricity, the 2021–2022 natural gas price surge exposed key vulnerabilities in electricity markets. Key findings: 🔹 Aggressive electricity decarbonization does not increase vulnerability to natural gas price shocks. 🔹 Countries with higher shares of wind and solar energy face slightly more vulnerability, due to their reliance on natural gas for balance. 🔹 Uniform policies, like the EU price cap, may be insufficient—tailored, country-specific solutions are crucial. The study emphasizes that decarbonization goals can align with energy security and price stability, fostering public trust in the energy transition. 📖 How do natural gas price shocks impact electricity prices in Europe? 🔗 Read the full report: https://lnkd.in/gGSueJAk #EnergyTransition #Decarbonization #NaturalGas #RenewableEnergy #BakerEnergy Rice University's Baker Institute for Public Policy Rice University

🎉 Big congratulations to Stan Kannegieter for winning the Poster Competition and to Joon Ha Kim for winning the Dennis J. O'Brien USAEE Best Student Paper Award at this year’s United States Association for Energy Economics Conference! Your achievements reflect exceptional talent and commitment to impactful energy research. We're excited to see where your research takes you next. #USAEEConference #USAEE2024

📢 NEW STUDY 🌍⚡ A new study in Nature Sustainability by Raul Bajo Buenestado, António Miguel Bento, Dan Kaffine, and Zissis Marmarelis explores the link between energy decarbonization and market vulnerability. Despite Europe's progress in adopting carbon-free electricity, the 2021–2022 natural gas price surge exposed key vulnerabilities in electricity markets. Key findings: 🔹 Aggressive electricity decarbonization does not increase vulnerability to natural gas price shocks. 🔹 Countries with higher shares of wind and solar energy face slightly more vulnerability, due to their reliance on natural gas for balance. 🔹 Uniform policies, like the EU price cap, may be insufficient—tailored, country-specific solutions are crucial. The study emphasizes that decarbonization goals can align with energy security and price stability, fostering public trust in the energy transition. 📖 How do natural gas price shocks impact electricity prices in Europe? 🔗 Read the full report: https://lnkd.in/gGSueJAk #EnergyTransition #Decarbonization #NaturalGas #RenewableEnergy #BakerEnergy Rice University's Baker Institute for Public Policy Rice University

As 2024 draws to a close, the global oil market faces pivotal questions. At our recent event, Baker Institute fellow Mark Finley led an in-depth discussion on the trends shaping oil supply, demand, and prices in the coming year. The conversation explored how U.S. policy and investment shifts might impact supply, electric vehicle adoption’s role in shaping global demand, and the ongoing strategies of OPEC+ as they balance price stability with market share amidst geopolitical tensions. Claudio Galimberti provided a long-term perspective, noting that by 2030, OPEC countries will be the primary drivers of supply growth. For Saudi Arabia and Russia, the strategy is about patience—balancing current cuts with future potential. Learn more about the key takeaways and insights from the event. 🔗 https://bit.ly/3DVkpTp

🎤 Ed Emmett, Fellow in Energy and Transportation at Rice University's Baker Institute for Public Policy CES, recently delivered a presentation at the ITMA - International Transportation Management Association luncheon on "The Fourth Era of Transportation." For those interested in exploring his insights further, we invite you to listen to his episode on the CES Energy Forum podcast. In this episode, Ed discusses the evolving landscape of transportation fuels and their implications for the future of energy. 🎧 Access the podcast here: https://lnkd.in/gj6ajsun #Transportation #FutureOfFuels #EnergyTransition #BakerEnergy #RiceUniversity #Podcast

❄️ Reflecting on the February 2021 Freeze With temperatures in Texas dipping below freezing again this week, many are reminded of the devastating freeze of February 2021. In the aftermath, experts Peter Hartley, Ken Medlock, and Shih Yu (Elsie) Hung from Rice University's Baker Institute for Public Policy Center for Energy Studies analyzed the event in their working paper: “ERCOT Froze in February 2021. What happened? Why did it happen? Can it happen again?” Their analysis explores the causes, implications, and the risk of future grid failures. As Texans face another cold snap, understanding these insights is more critical than ever. 📖 Read the full paper: 🔗 https://lnkd.in/drVZSFFS #TexasFreeze #EnergyGrid #ERCOT #BakerEnergy Rice University

✔️ Sign up now to hear from Ed Emmett, fellow in Energy and Transportation at Rice University's Baker Institute for Public Policy Center for Energy Studies. #transportation #energy #freightmobility

📢 CES in the Press Rice University's Baker Institute for Public Policy Center for Energy Studies (CES)'s event, “Oil Market Prospects for 2025 and Beyond,” hosted by Mark F., received coverage in the Houston Chronicle! The event brought together experts to discuss the forecast for oil markets in 2025 and the broader implications for global energy dynamics. Missed the discussion? You can still catch the full livestream here: 🔗 https://lnkd.in/gN4_bqKD For more details, read the Houston Chronicle article: 🔗 https://lnkd.in/dkC75w7b #EnergyMarkets #OilSurplus #BakerEnergy #EnergyTransition #MarkFinley

️🎙️ Persian Gulf Energy and Geopolitics with Jim Krane In a December episode of the The Al-Attiyah Foundation podcast, Jim Krane, Wallace S. Wilson Fellow for Energy Studies at Rice University's Baker Institute for Public Policy Center for Energy Studies, provides valuable insights into the interplay between energy policy, geopolitics, and the energy transition. Krane discusses the challenges of balancing the Middle East’s climate risks and economic interests, shedding light on the complexities faced by energy producers amid pressure to reduce fossil fuel consumption. He also discusses the challenge of reforming the region’s longstanding energy subsidies. 💡 Key takeaway: Gulf oil exporters have world-leading emissions but also world-leading attributes for curtailing and storing those emissions. Watch the full episode here:  🔗 https://lnkd.in/g2ycPvAp #EnergyPolicy #Geopolitics #EnergyTransition #BakerEnergy