Acting Vice President/ Program Director In February 2023, Axel Pierru was assigned as Acting Vice President of Knowledge and Analysis for the Center. He received…

In February 2023, Axel Pierru was assigned as Acting Vice President of Knowledge and Analysis for the Center. He 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. He is the recipient of the 2023 OPEC Award for the Best Energy Research Paper (issued by OPEC for the first time).

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 undertakes applied research that combines methodological innovation with practical relevance for policymaking. His expertise covers energy economics, policy, finance, modeling, the oil market, and commodity-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 energysector.

Expertise

• Energy modelling
• Energy economics
• Energy policy
• Oil pricing and finance

Publications See all Axel Pierru’s publications

Assessing Climate Mitigation Benefits of Public Support to CCS-EOR: An Economic Analysis

Despite significant progress made by China in liberalizing its natural gas market, certain key areas…

8th June 2023

Hard-linking a Top-down Economic Model with a Bottom-up Energy System for an Oil-exporting Country with Price Controls

Despite significant progress made by China in liberalizing its natural gas market, certain key areas…

7th January 2023

Program Director Kang is the program director for Markets and Industrial Development at KAPSARC, with many years of energy research and consulting… Kang is the program director for Markets and Industrial Development at KAPSARC, with many years of energy research and consulting experience. His ongoing research covers a variety of issues related to economic, energy (particularly oil and gas) and environmental developments in China and the rest of the Asia-Pacific region. Kang speaks at international conferences, forums, workshops and training programs, and his research has been cited by international media, including Time magazine, the Wall Street Journal, New York Times, the Asian Wall Street Journal, International Herald Tribune, Far Eastern Economic Review, Financial Times, Reuters, Voice of America, BBC, CNBC and others. In 2003, Kang testified before the U.S.-China Economic and Security Review Commission on Capitol Hill in Washington, D.C. on the impact of China’s energy sector and market developments on the rest of the world. He is the author and co-author of numerous company studies, journal articles, research papers, project reports, books, chapters and other publications.

Visiting Researcher Frederic is professor emeritus, Fox School of Business, Temple University, where he taught for 30 years. He was a visiting… Frederic is professor emeritus, Fox School of Business, Temple University, where he taught for 30 years. He was a visiting researcher fellow at KAPSARC where he is participating in the development of energy models and writing policy analyses in a range of areas, including domestic energy use in Saudi Arabia, market power in world oil markets, designing and managing income stabilization funds, and China's and India's energy economies. He works mainly in the area of energy-market forecasting and energy policy analysis. Prior to joining Temple, he was at the Energy Information Administration (EIA) of the U.S. Department of Energy and its predecessor, the Federal Energy Administration, where he headed the group that did the economic impact analyses of the bills and laws passed during the Carter administration and developed and ran the forecasting models then used for policy analyses and the forecasts in the EIA Annual Report. He has authored over 100 refereed articles. In one study he was ranked in the 20 most published researchers in his field over a fifty-year span. He was the editor in chief of the journal Interfaces, an area editor for Operations Research, and the Informs Journal on computing, and the Vice President of Publications for INFORMS and its predecessor society, Operations Research Society of America. He has been involved in studying local economic policy issues, including advising the Tax Reform Commission of the City of Philadelphia, estimating the impact on jobs of building casinos in Philadelphia, and political redistricting. He also did a queueing study oil tank vessels on the Delaware River.

Visiting Researcher Philipp is a visiting researcher at KAPSARC, working on the economic and policy aspects of energy supply and trade. Philipp’s… Philipp is a visiting researcher at KAPSARC, working on the economic and policy aspects of energy supply and trade. Philipp’s work at KAPSARC includes evaluating the effect of preferential trade agreements on energy flows, analysis of OPEC energy policy and deriving insights related to China’s energy policy and its impact on global markets through modeling energy supply sectors.

Expertise

• International economic relations
• Regional and country studies and policy analysis

Publications See all Philipp Galkin’s publications

The Effects of a Shock to Critical Minerals Prices on the World Oil Price and Inflation

Despite significant progress made by China in liberalizing its natural gas market, certain key areas…

1st November 2023

World Oil and Critical Mineral Study: A Global VAR Analysis

Despite significant progress made by China in liberalizing its natural gas market, certain key areas…

26th September 2023

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.