Power Map

This week, CSIS experts Joseph Majkut, Ben Cahill, and Gracelin Baskaran cover recent developments in global oil markets, BRICS expansion, critical minerals, and the geopolitics of energy.  Further Reading from the CSIS Energy Security and Climate Change ProgramOil Market Tightens but China Looms Large Six New BRICS: Implications for Energy Trade Prospects for U.S. Minerals Engagement with Africa  

This week, Adi Imsirovic (Surrey Clean Energy) joins Ben Cahill (CSIS) to discuss developments in global oil markets, demand and supply outlooks for the rest of 2023, and the OPEC+ - Russia relationship. Adi is the Director at Surrey Clean Energy and former Global Head of Oil Trading at Gazprom Marketing and Trading, and was a Senior Research Fellow at the Oxford Institute for Energy Studies. He is also the author of: ‘Trading and Price Discovery for Crude Oil’ and editor of ‘Brent Crude Oil, Genesis and Development of the World's Most Important Oil Benchmark’.   

This week, Simone Tagliapietra, a Senior Fellow with Bruegel, joins CSIS program director Joseph Majkut to discuss how Europe is managing the ongoing energy crisis and moving away from Russian energy supplies while advancing decarbonization efforts, also look at the future of energy security in Europe, and the state of U.S.-EU energy policy cooperation.Further ReadingAfter the great energy crisis: Europe’s new landscape, Testimony before the U.S. Senate Climate Change Task ForceRebooting the Net Zero Industry Act: Testimony before the European Economic and Social Committee

In this week’s episode, Steven Burns, Chief Director of Energy and Infrastructure for Europe and Eurasia, USAID, joins Ben Cahill with the CSIS Energy Security and Climate Change Program, for an update on Ukraine’s energy sector. Steve describes the current state of Ukraine’s energy sector and the extensive damage done by Russian attacks this past winter, especially to the electricity sector. Steve outlines the role that USAID is playing in the reconstruction, with the help of its partners and Ukrainian counterparts, to fix the existing energy infrastructure, restore capacity, and build for a more resilient and lower-emission energy future.

This week, David Fishman, a Senior Manager at The Lantau Group, joins Cy McGeady to look at the Chinese electric power sector. China is leading in renewable energy deployment but at the same time is building and using coal-fired power plants. David and Cy look at the Chinese sector to understand how both these things can be true and what it means for China’s energy future. 

This week, Rick Rossow, Chair in U.S.-India Policy Studies here at CSIS, joins Joseph Majkut to discuss India’s ambitious renewable energy targets, where it is exceeding or failing to meet those targets, subnational collaboration with counterparts in U.S. states, and India’s position on the world stage over the next decade.Further Reading: Accelerate: 175: A Plan for Targeted Renewable Energy Cooperation with Key Indian States

This week, Laszlo Varro (Shell) joins Joseph Majkut (CSIS) to discuss the latest Shell Scenarios, called Sky and Archipelago, and how they relate to the world’s present geopolitical, energy, and climate developments.Laszlo Varro is Vice-President, Global Business Environment at Shell, where he leads their analyses of energy scenarios, macroeconomics, climate policy, and geopolitics. Varro joined Shell in 2021, after ten years at the International Energy Agency. For more, check out the Shell Scenarios.

This week, Tatsuya Terazawa, Chairman and CEO of The Institute of Energy Economics, Japan (IEEJ), joins Jane Nakano (CSIS Energy Security and Climate Change Program) to look at key energy and climate issues on the G7 agenda. In April, Japan hosted the G7 Ministers Meeting on Climate, Energy, and Environment, in advance of the upcoming G7 Summit on May 19-21. They discuss highlights from the G7’s Communique, including energy security, decarbonization efforts, and renewable energy development as well as Japan’s priorities for the meetings.

This week, Noah Kaufman (Center on Global Energy Policy at Columbia University) joins Joseph Majkut (Energy Security and Climate Change Program at CSIS) to discuss the recent Executive Order on modernizing the regulatory review process, and its implications and benefits for the U.S. climate regulations.   Executive Order on Modernizing Regulatory ReviewPreamble: Proposed OMB Circular No. A-4, “Regulatory Analysis”

This week, Allison Good with S&P Global Market intelligence talks with Cy McGeady with the CSIS Energy Program about how changing conditions in the capital markets may affect the U.S. energy transition. They discuss three recent shifts in the economic landscape and the role these play in shaping the renewable energy sector: the collapse of the Silicon Valley Bank, implementation of the Inflation Reduction Act, and the elevated cost of capital.