FUTURE OF OIL & GAS

Designing a future interdisciplinary and shared research agenda to understand the role of oil and gas in the energy transition

Designing a future interdisciplinary and shared research agenda to understand the role of oil and gas in the energy transition

As the world confronts an energy transition, the global energy system is being re-imagined and the role of oil and natural gas in that transition is not entirely clear. Governments are pursuing increasingly ambitious initiatives to reduce greenhouse gas emissions and diversify their energy systems. At the same time, the world is facing significant energy demand growth from emerging and developing economies. The dual pressures of reducing their carbon footprint, while also providing the necessary resources to fuel energy growth creates another layer of complexity for the oil and gas industry.

Mines and the world

The Payne Institute extends to public policy Mines’ conviction that energy and the environment must– and can – fruitfully coexist. We are in an enviable position to tap into a deep well of on-campus and alumni leaders in industry and environmental groups around the world. We foster collaboration with a focus on problem-solving rather than furthering entrenched agendas.

COLORADO

Colorado has been at the forefront of establishing regulations for the oil and gas industry and working in a coherent inclusive manner between the industry and other stakeholders. That form of broad engagement based on science should continue. It will serve to both evolve the discussion in the state and at the local level, but also serve as a lodestar for the national and global discussion.

NEWS

Regulation to play a key role in India’s gas ambitions 10/15/2020

Regulation to play a key role in India’s gas ambitions

Payne Institute Senior Research Associate Greer Gosnell and Payne Faculty Fellow Ian Lange write about how India’s government has in recent months reaffirmed its commitment to the development of an expanded domestic gas grid and cross-border interconnections such as the long-mooted Turkmenistan-Afghanistan-Pakistan-India pipeline. But the experience of the US gas market suggests that smart and considered government gas transport regulation could play as crucial a role in boosting Indian gas demand as simply increasing pipeline capacity.  October 15, 2020.

The Dimming of Lights in India during the COVID-19 Pandemic 10/10/2020

The Dimming of Lights in India during the COVID-19 Pandemic

Payne Institute Earth Observation Group researchers Tilottama Ghosh, Christopher Elvidge, Feng-Chi Hsu, Mikhail Zhizhin, and Morgan Bazilian wrote how the monthly Suomi National Polar-orbiting (NPP) Visible Infrared Imaging Radiometer Suite (VIIRS) Day–Night Band (DNB) composite reveals the dimming of lights as an effect of the lockdown enforced by the government of India in response to the COVID-19 pandemic. The changes in lighting are examined by creating difference maps of a pre-pandemic pair and comparing it with two pandemic pairs.  October 10, 2020. 

REFRESHING GLOBAL ENERGY SECURITY POLICY AND INFRASTRUCTURE FOR THE ENERGY TRANSITION 10/6/2020

REFRESHING GLOBAL ENERGY SECURITY POLICY AND INFRASTRUCTURE FOR THE ENERGY TRANSITION

Payne Institute Director Morgan Bazilian was a collaborator on the T20 Saudi Arabia 2020 THINK policy briefing Refreshing Global Energy Security Policy and the Infrastructure for the Energy Transition for the G20.  The Group of 20 (G20) members have discussed energy security for many years, and now have an opportunity to modernize and redefine global, regional, and national energy security frameworks to align with the transition to a lower-carbon energy system. Member countries should take steps to ensure that emerging vulnerabilities stemming from the rapid growth of new energy forms can be understood and managed both collectively and within their specific contexts. As all energy sectors transition, collective efforts toward energy security can progress by (i) developing a timely, transparent, and objective approach to data gathering and dissemination for the production, consumption, and trade of new energy forms and key mineral inputs; (ii) establishing an expert international advisory panel to the G20 on the topic of energy security in the context of energy transitions; and (iii) launching an effort on forward-looking energy security policy.  October 6, 2020. 

A lot of Jason Kenney’s claims about the oil and gas industry are cherry-picked, misleading or wrong 10.5.2020

A lot of Jason Kenney’s claims about the oil and gas industry are cherry-picked, misleading or wrong

Payne Institute Senior Research Associate Sara Hastings-Simon contributes to this article on the Alberta Premier’s, Jason Kennedy, claims about the oil and gas industry.  The Alberta premier may veer into hyperbole, but his general point still stands: oil, of course, is a major driver of Alberta’s economy. Despite tens of thousands of layoffs in recent years, the industry remains a massive employer.  October 5, 2020.

Indicators of Electric Power Instability from Satellite Observed Nighttime Lights 9/30/2020

Indicators of Electric Power Instability from Satellite Observed Nighttime Lights

Payne Institute Earth Observation Group writes about how electric power services are fundamental to prosperity and economic development. Disruptions in the electricity power service can range from minutes to days. Such events are common in many developing economies, where the power generation and delivery infrastructure is often insufficient to meet demand and operational challenges. Yet, despite the large impacts, poor data availability has meant that relatively little is known about the spatial and temporal patterns of electric power reliability. Here, we explore the expressions of electric power instability recorded in temporal profiles of satellite observed surface lighting collected by the Visible Infrared Imaging Radiometer Suite (VIIRS) low light imaging day/night band (DNB). September 30, 2020.  

Are We Running Out of Natural Gas Storage? 9/23/2020

Are We Running Out of Natural Gas Storage?

Payne Institute Senior Research Associate Greer Gosnell writes a commentary on how the US burned the most natural gas for electricity in its history this summer, but current month-to-month natural gas price spreads suggest we may be running low on natural gas storage.  September 23, 2020. 

It’s time for states that grew rich from oil, gas and coal to figure out what’s next 9/23/2020

It’s time for states that grew rich from oil, gas and coal to figure out what’s next

Payne Institute Fellow Brad Handler, Matt Henry, and Morgan Bazilian write about the very challenging times for U.S. fossil fuel-producing states, such as Wyoming, Alaska and North Dakota. The COVID-19 economic downturn has reduced energy demand, with uncertain prospects for the extent of its recovery. Meanwhile, rising concern about climate change and the declining cost of renewable energy are precipitating a sharp decline in demand for coal in particular.  September 23, 2020. 

11 WAYS TO MEASURE CLEAN GROWTH 9/22/2020

11 WAYS TO MEASURE CLEAN GROWTH

Payne Institute Senior Research Associate Sara Hastings-Simon contributes to this report from the Canadian Institute for Climate Choices that highlights the multiple facets of clean growth by unpacking the connections between economic growth, climate change, and human well-being. We identify 11 data-driven indicators that, together, can guide efforts by governments, businesses, and communities to not only tackle climate change but to do so in a way that achieves sustained growth and the best overall outcomes for people and society as a whole.  September 22, 2020.  

For more information about the Future of Oil & Gas Research Area at the Payne Institute for Public Policy, please contact our Strategy and Operations Manager, Gregory Clough, at gclough@mines.edu.