Energie : papiers de recherche moissonnés du 29 juin au 3 juillet 2015

Pétrole : du carbone pour la croissance / Céline Antonin, Bruno Ducoudré, Hervé Péléraux, Christine Rifflart, Aurélien Saussa, Revue de l’OFCE, n° 138, 2015, pp. 169-204


La chute du prix du Brent de 50 % en six mois ouvre des perspectives favorables aux économies importatrices de pétrole, à la condition toutefois qu’elle soit durable. À l’horizon 2016, la situation d’excès d’offre sur le marché, alimentée par le développement de la production de pétrole de schiste aux États-Unis et l’absence de réaction de l’OPEP pour contrecarrer cet essor, va dans ce sens. La production non-conventionnelle américaine, dont la rentabilité n’est plus assurée en deçà du seuil de 60 dollars le baril, subit certes le contrecoup de la baisse des prix, mais l’ajustement de la production d’ici à deux ans ne ferait pas remonter le prix à son niveau d’avant-choc…

What does the European power market need to decarbonise? The Role of the EU ETS and complementary policies post-2020 / O. Sartor, M. Matthieu, P. del Rio Gonzalez, V. Graichen and S. Healy. Climate Strategies, July 2015, 45 p. (final report)


It appears that there is an emerging contradiction at the heart of decarbonisation policy in the EU power sector: On the one hand, there is increasing recognition of that as the share of renewable and low‐carbon electricity generation becomes larger, the existing wholesale electricity market design in many EU countries will struggle to drive the necessary investments in the power sector during the low‐carbon transition. On the other hand, a number of EU institutions, including the EU Council and the Commission, have continued to assert the central role of the ETS – an instrument based on the economics of the existing power market design – in electricity sector decarbonisation. (© Climate Strategies)

China’s Growing Energy Demand: Implications for the United States / Andrew Stocking & Terry Dinan. Congressional Budget Office, June 2015, 40 p. (Working Paper 2015-05)


This paper examines trends in China’s energy consumption, the implications of those trends for U.S. households and businesses, and policy options that might help minimize adverse effects.

Interactions of emission caps and renewable electricity support schemes / Christoph Böhringer & Manuela Behrens, Journal of Regulatory Economics, Aug. 2015, vol. 48, n° 1, pp 74-96


Over the last decades many OECD countries have implemented green quotas, feed-in tariffs, or feed-in premiums to promote electricity production from renewable energy sources (RES-E). More recently, these RES-E policies are overlaid with emission caps to reduce CO2 emissions. In this paper we investigate how emission caps change the electricity market outcome of pre-existing support schemes for renewable electricity production: with a green quota RES-E production declines, while it remains constant for feed-in tariffs, and expands for feed-in premiums; across all three RES-E policies an emission cap drives up the consumer electricity price with the price increase being lowest for the case of feed-in premiums; the economic adjustment cost to emission caps on the other hand turn out to be highest for pre-existing feed-in premiums, followed by feed-in tariffs and green quotas

Guidelines for Good Governance in Emerging Oil and Gas Producers / Valérie Marcel, ed. London : Chatham House, June 2015, 44 p.


Emerging oil and gas producers should pursue policies that acknowledge the realities of their national contexts, can bring about rapid results and allow for incremental improvements to governance processes…

The Future of Low-Carbon Road Transport: What Role for Second-Generation Biofuels? / Joern Huenteler & Henry Lee, Energy Technology Innovation Policy research group, Belfer Center for Science and International Affairs, Harvard Kennedy School, June 2015, 32 p.


The promise, prospects, and public policy trade-offs related to second-generation biofuels in road transport were addressed in an executive session convened at The Henry Ford Museum in Dearborn, Michigan, on April 7 and 8, 2015. The workshop brought together twenty-eight of the world’s leading experts from the fields of policy, science, and business for an intensive two-day session (see the Appendix for a list of the participants). The discussions were off-the-record, with each participant present in his or her own capacity, rather than representing his or her organization. This report is a summary of the main points and issues raised over the two days. It has been reviewed by all the participants. The summary is intended to reflect the breadth of the discussion, rather than to suggest any form of overall consensus among the participants.

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