Explore our expert insights and analysis in leading energy and climate news stories.
The Center on Global Energy Policy (CGEP) at Columbia University's School of International and Public Affairs (SIPA) is thrilled to announce the selection of the second cohort of...
Get the latest as our experts share their insights on global energy policy.
On June 2, Mexican citizens will head to the polls to elect the successor to President Andrés Manuel López Obrador. Among the most confrontational points of contention between...
Hear in-depth conversations with the world’s top energy and climate leaders from government, business, academia, and civil society.
Geopolitics looms large over the global economy. A recent client survey by Goldman Sachs found geopolitics is the top investment risk of this year, overtaking inflation and the...
Past Event
February 1, 2022
11:00 am - 12:00 pm
Global natural consumption experienced strong recovery in 2021 with an estimated 4.6% increase, more than double the decline seen in 2020. This owed to the combination of a rebound in economic activity after the 2020 lockdowns and a succession of extreme weather events that prompted additional demand from temperature-sensitive sectors. Lower than expected supply availability led to a tight market and a steep increase in gas prices that put the brakes on demand growth in the second half of 2021.
2021 closed on all-time high spot natural gas price levels in both Europe and Asia, and supply remained very tight at the start of 2022. Natural gas market growth is expected to cool down in 2022 on higher gas prices, slower economic growth and assuming normal weather conditions, while supply availability could improve as offline capacity gradually returns. The exceptionally high gas (and by extension electricity) prices are likely to have an impact that would last beyond the current season and the European market, as the ripple effects on consumers in both mature and emerging gas importing countries are already visible.
The Center on Global Energy Policy hosted a panel of experts to discuss the latest edition of the IEA’s Quarterly Gas Market Report, which provides an overview of the main market highlights for 2021, and an analysis of recent gas market developments and forecast for 2022.
Moderator:
Panelists:
—
This roundtable is open only to currently enrolled Columbia University students. Japan is a country with substantial energy demand but limited energy resources. After the March 2011 tsunami...
https://www.youtube.com/watch?v=0pzw82IwDm0 Please join the Center on Global Energy Policy at Columbia University’s School of International and Public Affairs for this discussion series on how the application of Artificial...
Russia’s invasion of Ukraine has exacerbated the tightening supply of natural gas, which has been underway since mid-2021, further pushing up prices for consumers and leading to fuel...
Russia’s invasion of Ukraine has upended energy markets and has brought to the forefront energy security considerations globally. The Center on Global Energy Policy hosted a conversation on...
One of the enduring mysteries of the European gas market landscape has been the relative lack of recovery in industrial gas use following the 2022 global energy crisis.
Unlike Russian crude oil exports, which in 2023 exceeded the volumes of 2021, Russia’s natural gas exports have dwindled by an estimated 42 percent since 2021, the year before the country invaded Ukraine.
Three CGEP scholars weigh in on the consequences of the Biden administration’s decision to pause pending approvals of liquefied natural gas (LNG) exports from the US to non-free...
