Print

Abstract

Despite significant progress made by China in liberalizing its natural gas market, certain key areas such as market access and pricing mechanisms remain heavily monopolized or controlled by the government. To assess how such distortions impact the market, we developed a Mixed Complementarity Problem model of China’s natural gas supply industry, calibrated to 2015 data.

Authors

Bertrand Rioux

Senior Research Associate Bertrand is a senior research associate focusing on the impact of market regulation and liberalization in energy markets. An experienced energy… Bertrand is a senior research associate 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

Philipp Galkin

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

Frederic Murphy

Frederic Murphy

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.

Axel Pierru

Program Director Axel is the director of KAPSARC’s Energy and Macroeconomics program. From October 2018 to March 2019, he was KAPSARC’s interim… Axel is the director of KAPSARC's Energy and Macroeconomics program. From October 2018 to March 2019, he was KAPSARC's interim vice president of research. Axel joined KAPSARC in 2011, after spending 15 years at IFP Energies Nouvelles in France, where he led research, consulting and training projects. Axel received his Ph.D. in economics from the Pantheon-Sorbonne University in Paris. He undertakes applied research that combines methodological innovation with practical relevance for policymaking. His research is focused on energy economics, policy, finance, oil pricing, and energy-exporting economies. Axel has been published extensively, with over 40 peer-reviewed journal papers to his name.

Expertise

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

Publications See all Axel Pierru’s publications

Kang Wu

Kang Wu

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.

Share

Related projects

See all projects

Related workshops

See all workshops
23
24 Jul

China’s Policy Drivers of Future Energy Demand

KAPSARC and the Energy Research Institute of the National Development and Reform Commission convened this workshop to finalize a report and present for discussion key issues identified in their research into how industrial energy efficiency and structural diversification is helping to achieve China and Saudi Arabia’s sustainable development goals.

Stay informed

I'm interested in

Select the updates you'd like to receive from us

About

A bit about you