Stability in international energy markets is critical for promoting adequate investment in infrastructure so that economic activity can be sustained, in order to provide pathways for growth and improvement in welfare. In light of recent global events and the varied sources of market instability that have been presented historically, as well as various commercial and government goals that drive lower carbon intensity in the energy value chain, it is important to consider energy market stability in the broader context of energy transitions. The preservation, expansion, and in some cases, establishment of institutions that promote energy market stability are important for future economic well-being. We propose that the Group of 20 (G20) take steps to preserve and promote energy market depth through infrastructure resilience and institutional fortitude.
Kenneth Medlock III
Senior Director of the Center for Energy Studies at Rice Universityعذرًا، هذا المحتوى متوفر فقط باللغة الإنجليزيةعذرًا، هذا المحتوى متوفر فقط باللغة الإنجليزية
Acting Vice President/ Program DirectorAxel Pierru received his Ph.D. in economics from University Paris 1 Pantheon-Sorbonne (France). He also holds an HDR degree, which…Axel Pierru received his Ph.D. in economics from University Paris 1 Pantheon-Sorbonne (France). He also holds an HDR degree, which is a French accreditation to supervise research. In 2007, Dr. Pierru was appointed Chevalier dans l’Ordre des Palmes Académiques (knighthood award in the academic field) by the French Ministry for National Education.
In 2011 Dr. Pierru joined KAPSARC in Saudi Arabia, after spending 15 years at IFP Energies Nouvelles (France) where he led research, consulting and training projects and taught energy economics and finance to postgraduate students.
Dr. Pierru has served in various leadership positions at KAPSARC, including as interim Vice President for Research. Since 2014 he has been a program director, and currently he leads the Energy Macro & Micro-economics Program. He is also Acting Vice President, Knowledge & Analysis.
He undertakes applied research that combines methodological innovation with practical relevance for policymaking. His expertise covers oil market and pricing, energy economics, policy, finance and modeling, and oil-exporting economies.
Dr. Pierru has a proven track record of methodological innovations with 50 journal papers to his name. He has been a key contributor to the development of novel lines of research, such as the role of OPEC in stabilizing the oil market, the economic modeling of price controls, or the evaluation of investment projects by international oil companies facing various tax systems.
He also coauthored with Denis Babusiaux the book Corporate Investment Decisions and Economic Analysis: Exercises and Case Studies (2005), which is the fruit of years of teaching, consulting and research, and contains numerous examples from the oil and gas sector.
Research FellowHossa is a research fellow at KAPSARC. She is also currently the Think20’s (T20’s) Sherpa and is leading T20 Saudi…Hossa is a research fellow at KAPSARC. She is also currently the Think20's (T20's) Sherpa and is leading T20 Saudi Arabia's secretariat. She is also the lead co-chair of T20 Saudi Arabia's task force "sustainable energy, water and food systems." Before joining KAPSARC, Hossa was a faculty member at the University of Wilfrid Laurier, Canada. Her research interests include developing energy and economic models to study the impact of energy and environmental policies on economies, sustainable development and wealth accounting. Her work aims to provide policymakers and practitioners with decision support tools that can help identify the challenges, opportunities, and solutions associated with moving toward sustainable energy and sustainable business practices. Her work has been published in many peer-reviewed journals. She has a Ph.D. and a master's degree in applied operations research from the University of Waterloo, Canada, and a bachelor's degree in business administration from King Abdulaziz University, Saudi Arabia.
Developing energy and economic models
Analyzing the effects of various policies on an economy
Applications of OR to climate change control policies
Green supply chain management
Convex relaxation and decomposition techniques and big data analytics in supply chains.