Government policy is a critical factor in the understanding of energy markets. Governments create constraints and incentives that drive behavior through policy. In turn, these behaviors have fundamental impacts on the functioning of markets. Despite the critical role of policy, it is rarely approached systematically from a research perspective. One of the first and most basic steps in a systematic approach is gaining a precise understanding of what policies exist, their intended outcomes, their geographical extent, duration, and expected evolution. A systematic understanding of policy, with this level of detail, would enable the research community to answer a variety of questions that, for now, are either over-simplified or ignored. Policy, on its surface, is also a very unstructured and qualitative undertaking. There may be quantitative components, but policies are usually framed in sentences requiring interpretation of their meaning. This makes it difficult to incorporate an understanding of policy into quantitative approaches, other than by making assumptions as to the effect of policy in framing a quantitative model. The KAPSARC Energy Policy Database (KEPD) is intended to address these two energy policy research limitations. The methodology described in this paper could be applied to any set of energy policies, though this becomes a large task very quickly.
Program Director Brian Efird is the program director for Policy and Decision Science and a senior research fellow. He manages a multidisciplinary,… Brian Efird is the program director for Policy and Decision Science and a senior research fellow. He manages a multidisciplinary, multinational team of researchers whose global program of work focuses on the nexus between geopolitics, domestic and local politics, and energy. Fundamentally, the team examines the non-economic factors that impact energy markets and energy policy. This includes quantitative models of collective decision-making processes (CDMP), geospatial information system (GIS) applications, the energy policymaking process, and country-specific studies. Dr. Efird is managing editor of the journal Energy Transitions. He was previously a senior research fellow at the National Defense University in Washington, D.C.; a consultant on defense and international security matters in Washington; and a consultant applying quantitative models to support corporate, investment banking, and legal negotiations in New York. Dr. Efird received his M.A. in International Studies and Ph.D. in Political Science from Claremont Graduate University.
- Geopolitics of Energy
- Behavioral Modeling
- Defense and National Security Studies
- Strategic Communication
Publications See all Brian Efird’s publications
Government policy is a critical factor in the understanding of energy markets. Governments create constraints…29th December 2021
Renewables and the Future of Geopolitics: Revisiting Main Concepts of International Relations from the Lens of Renewables
Government policy is a critical factor in the understanding of energy markets. Governments create constraints…14th December 2020