Why Japan’s utility firms want to pull the plug on destination restrictions for LNG supply
A hardened feature of long-term LNG contracts, the destination clause, is coming under renewed scrutiny as the quest for flexibility gathers momentum.
Energy Explained
Get the latest as our experts share their insights on global energy policy.
U.S. State Actions to Help Fossil Fuel Communities Navigate the Energy Transition
The world has committed to transitioning away from fossil fuels to avoid the most severe threats of climate change.[1] Communities across the United States rely on fossil fuel...
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Inside the 2024 World Energy Outlook
Rising electricity demand. Heightened geopolitical tension. Fragility in energy markets. These are some of the big stories shaping the energy transition outlined in the International Energy Agency’s newest...
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Relevant Articles
The impact of 100% electrification of domestic heat in Great Britain
Britain has been a global leader in reducing emissions, but little progress has been made on heat, which accounts for almost one-third of UK emissions and the largest single share is domestic heat, which is responsible for 17% of the national total.
Europe’s energy security: From Russian dependence to renewable reliance
This paper examines the impact of EU energy policies, namely the National Energy and Climate Plans (NECP19) and REPowerEU (2022), on the European natural gas security of supply.
Economic modelling of flexible carbon capture and storage in a decarbonised electricity system
This research provides new techno-economic insights into integrating flexible combined-cycle gas turbines with post-combustion carbon capture and storage for low-carbon power systems.
External Publications
by Kong Chyong •
Science Direct | Renewable and Sustainable Energy Reviews
• November 08, 2023
Managing Price Risk as EU Shifts From Russian Gas to Renewables
While the EU has significantly reduced pipeline gas imports from Russia, from 132 billion cubic meters (bcm) in 2021 (BP 2022) to 62 bcm in 2022 (Energy Institute...
Sources of Flexibility in Global Gas Markets
A potential short-term oversupply in global gas markets as we head into the low-demand season of summer,[1] combined with a heightened risk of Russia further weaponizing gas supplies,...
Beyond Spot vs. Long Term: Europe’s LNG Contracting Options for an Uncertain Future
This commentary discusses these four potential purchasing avenues to meet Europe’s variable current demand and to better suit the continent’s highly uncertain long-term LNG needs.
The economic value of flexible CCS in net-zero electricity systems: The case of the UK
External Publications
by Kong Chyong • University of Cambridge
• April 24, 2023