Energy

26 Items

Orvis State natural gas flare

Tim Evanson/Flickr

Analysis & Opinions - The National Interest

Saving Natural Gas Through Regulation

| Mar. 31, 2019

An unprecedented change in U.S. electricity generation is taking place as natural gas is replacing oil and coal, and in some instances, nuclear power. The U.S. Department of Energy forecasts U.S. natural gas production approaching thirty-three trillion cubic feet in 2019 and fueling approximately 36 percent of electricity generation. This is a huge change from just ten years ago. Furthermore, this growth level has occurred with prices hovering around $3.00 per thousand cubic feet, substantially below the price experts predicted.

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Press Release - Belfer Center for Science and International Affairs, Harvard Kennedy School

American Energy Society Names Meghan O’Sullivan 2017 “Energy Writer of the Year”

| Nov. 13, 2017

The American Energy Society has named the Belfer Center’s Meghan O’Sullivan the 2017 “Energy Writer of the Year.” O’Sullivan, the Jeane Kirkpatrick Professor of the Practice of International Affairs at Harvard Kennedy School and Director of the Belfer Center's Geopolitics of Energy Project, received the prestigious award for her recently published book Windfall: How the New Energy Abundance Upends Global Politics and Strengthens America’s Power and for her New York Times commentary “How Trump Can Harness the U.S. Energy Boom.”

Report

The Global Oil Market: No Safe Haven for Prices

| Feb. 23, 2016

Leonardo Maugeri explains why oil production continued to grow despite the collapse of oil prices since November 2014. Investment in production capacity did not abate. In point of fact, oil producers are just beginning to see results from recently completed or soon-to-be-completed investments – as he suggested in 2012. This momentum means today’s oil surpluses will grow, putting further downward pressure on prices.

Will global demand catch up to absorb this glut? It seems unlikely.

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News - Belfer Center for Science and International Affairs, Harvard Kennedy School

Divestment Debate: Should Harvard Divest from Fossil Fuels?

| May 8, 2015

Should Harvard divest its financial holdings in fossil fuel companies to help address the climate change crisis? In the first Kennedy School public debate on this controversial issue, two prominent Harvard professors recently addressed that question, presenting arguments for and against joining the global divestment campaign.

Discussion Paper - Belfer Center for Science and International Affairs, Harvard Kennedy School

Falling Short: A Reality Check for Global LNG Exports

| December 19, 2014

In 2012, when many energy experts argued that oil production had peaked, Leonardo Maugeri published “Oil: The Next Revolution,” which forecast a glut of oil and collapsing prices in the next several years. His prediction proved prescient. Now, as analysts look past today’s oil-market drama to a near future of robust liquefied natural gas exports, Maugeri is again challenging conventional wisdom. The long-hoped-for and hyped-up gas market, he concludes, will disappoint.

“Falling Short: A Reality Check for Global LNG Exports” details the new findings by Maugeri, a former oil industry executive who is now an associate with the Geopolitics of Energy project at Harvard Kennedy School’s Belfer Center for Science and International Affairs.

Geothermal borehole house in Iceland, 14 March 2008.

Lydur Skulason Photo

Analysis & Opinions - Power & Policy Blog

OPEC Embargo +40: What Have We Learned?

| October 18, 2013

"If countries have learned anything, it is that they can protect themselves and become more resilient if they adopt policies and programs that increase their energy self-sufficiency. It turns out that this can be done much more quickly than anyone thought, if they build on what they have."

The U.S. Shale Oil Boom: Potential Impacts and Vulnerabilities of an Unconventional Energy Source

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Policy Brief - Belfer Center for Science and International Affairs, Harvard Kennedy School

The U.S. Shale Oil Boom: Potential Impacts and Vulnerabilities of an Unconventional Energy Source

| June 2013

A new study by Belfer Center Geopolitics of Energy researcher Leonardo Maugeri finds that oil production capacity is surging throughout the world, but the United States in particular will experience unprecedented output as a result of technological advances and some unique attributes. This increased production will not be without challenges, however, as the drilling industry adapts to this relatively new method and overall output depending greatly on price stability. In the end, the U.S. may yet still import oil from other countries. The findings by Maugeri, a former oil industry executive who is now a fellow at Harvard Kennedy School’s Belfer Center, are based on an original field-by-field analysis of the world’s major oil formations and exploration projects.