On February 22, 2016 the International Energy Agency (IEA) released its Medium Term Oil Market Report, projecting how global oil supply, demand and trade will evolve over the next five years at a time of historic upheaval in the global oil market. And oil is just one of the ways the global energy system is being transformed by new technologies, shifts in traditional supply and demand dynamics and growing concerns about climate change and energy poverty. On this episode of Columbia Energy Exchange, Dr. Fatih Birol, Executive Director of the International Energy Agency, sat down with host Jason Bordoff to discuss these and other changes shaping the global energy outlook.
This podcast was originally recorded on February 23, 2016.
On June 1, 2023, Dr. Melissa Lott, Director of Research and Senior Research Scholar, testified before the Senate Energy and Natural Resources Committee on electric reliability in the United States.
In June 2022, the European Commission allowed Spain and Portugal to decouple the price of gas from that of electricity for 12 months.
National oil companies (NOCs) produce about half of the world’s oil and own the bulk of oil and gas reserves. They are also large issuers of bonds held by international financial institutions. Their ESG risks should be a matter of great concern.