Structural changes in the global oil sector are disrupting conventional market dynamics and the roles played by competing and cooperating producers. Industry players are adjusting to the shale (or ‘tight’) oil revolution and the possibility of plateauing or peaking global oil demand. In particular, OPEC and Saudi Arabia, its top producer, are reshaping the organization’s role as the primary residual supplier to the world oil market. In recent years, OPEC has invited other major exporters, including Russia, to cooperate under the OPEC+ production agreement in an effort to stabilize prices.

Research Fellow Bertrand is a research fellow focusing on the impact of market regulation and liberalization in energy markets. An experienced energy systems… Bertrand is a research fellow focusing on the impact of market regulation and liberalization in energy markets. An experienced energy systems model developer (linear optimization and mixed complementary problems), he is working on developing the KAPSARC Energy Model (KEM) as a decision support tool for analyzing price regulation in energy economies. Bertrand has contributed to the development of KEM Saudi Arabia and is the lead developer of KEM China, studying the impact of government regulation in the coal, power and natural gas markets. He was previously employed as a research assistant at the Canadian Space Agency.
Expertise
- Modeling power systems
- Electricity markets
- Renewable energy
- Game theory
- Complex problem solving and climate change
Publications See all Bertrand Rioux’s publications

Can Cooperation Enhance Natural Gas Utilization in the GCC?
Structural changes in the global oil sector are disrupting conventional market dynamics and the roles…
12th October 2020
Cooperate or Compete? Insights from Simulating a Global Oil Market with No Residual Supplier
Structural changes in the global oil sector are disrupting conventional market dynamics and the roles…
6th August 2020