Energy

This image is having trouble loading!FSI researchers examine the role of energy sources from regulatory, economic and societal angles. The Program on Energy and Sustainable Development (PESD) investigates how the production and consumption of energy affect human welfare and environmental quality. Professors assess natural gas and coal markets, as well as the smart energy grid and how to create effective climate policy in an imperfect world. This includes how state-owned enterprises – like oil companies – affect energy markets around the world. Regulatory barriers are examined for understanding obstacles to lowering carbon in energy services. Realistic cap and trade policies in California are studied, as is the creation of a giant coal market in China.

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The electricity industry of China's Guangdong Province has been in a process of reforms since the 1980s. The reforms have so far greatly promoted the industry development, advancing the provincial electric power system to the largest in the country (Zeng, et al., 1999; Zhang, et al. 2001). Achievements notwithstanding, the industry is facing numerous difficulties that challenge both reform policy makers and academics. The province needs high speed capacity expansion and power imports in the foreseeable future to meet the continued demand surge. End-users in Guangdong are paying the highest tariffs in the nation. The technological structure of the existing generation capacity is highly undesirable because large number of tiny generating units and oil-fired capacity are adversely affecting economic and energy efficiencies of electric power supply.

Power generation is causing increasing environmental damages. However, the most challenging is probably the fact that there lacks an adequate mechanism to solve these problems and promote efficient and sustainable growth of the electric power industry. On one hand, reforms in the past twenty years not only have not fundamentally changed the traditional mode of central government planning of provincial electric power supply and development, but also have contributed to the evolving problems of the industry and showed their limitation. On the other hand, utility de-integration and market competition represents an attractive alternative to policy makers, but little is known of the reform roadmap and the potential impact.

This paper examines the utility market reform scenario in Guangdong Province and provides a basic quantitative assessment of the possible impact of the reform policy on electricity tariffs and system development.

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Program on Energy and Sustainable Development Working Paper #33
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Chi Zhang

With our partners at the Indian Institute of Management (Ahmedabad), PESD hosted a conference on the 23rd and 24th of Sept. in New Dehli focused on electricity market reforms in India and its effects on technologies and the environment.

Habitat Center
Lodhi Road
New Dehli, INDIA

Encina Hall E313
Stanford, CA 94305-6165

(650) 725 2703
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zhang.jpg PhD

Dr. Chi Zhang joined PESD in April 2002. He heads up the Program's studies of the Chinese electricity industry reforms. Dr. Zhang has been with IIS since 1998. He was a member of the China Energy and Global Environment Project under CISAC before joining PESD. Previously, he taught at Monterey Institute of International Studies, and was research associate with the Institute for International Economics in Washington, D.C. and fellow with Chinese Academy of Social Sciences in Beijing, China.

Chi Zhang received his Ph.D. in economics from the Johns Hopkins University and MA in international economics from the Graduate School of the Chinese Academy of Social Sciences. He also attended Beijing Normal University.

Research Associate
Chi Zhang

School of International Relations and Pacific Studies
UC San Diego
San Diego, CA

(858) 534-3254
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Professor at the School of International Relations and Pacific Studies and Director of the School’s new Laboratory on International Law and Regulation
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David G. Victor
Conferences
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David Victor and Mark Hayes, of the SIIS Center on Environmental Science and Policy (CESP) will speak on their research into the problems associated with governing in countries with high levels of natural gas exports.

Encina Basement Conference Room

Encina Hall E419-B
Stanford University
Stanford, CA 94305-6055

(650) 724-1714 (650) 724-1717
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Research Fellow
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Mark H. Hayes was recently a Research Fellow with the Program on Energy and Sustainable Development (PESD). He lead PESD's research on global natural gas markets, including studies of the growing trade in liquefied natural gas (LNG) and the future for gas demand growth in China.

Dr. Hayes has developed models to analyze the impact of growing LNG imports on U.S. and European gas markets with special attention to seasonality and the opportunity for arbitrage using LNG ships and regasification capacity. From 2002 to 2005, Dr. Hayes managed the Geopolitics of Natural Gas Project, a study of critical political and financial factors affecting investment in cross-border gas trade projects. The study culminated in an edited book volume published by Cambridge University Press.

Prior to coming to Stanford, Mark worked as a financial analyst at Morgan Stanley in New York City. He was a member of the Global Power and Utilities Group, where he was involved in mergers and acquisitions, financing and corporate restructuring.

In 2006 he completed his Ph.D. in the Interdisciplinary Program on Environment and Resources at Stanford University. After completing his Ph.D. at Stanford, Mark has taken a position at RREEF Infrastructure Investments, San Francisco, CA. Mark also has a B.A. in Geology from Colgate University and an M.A. in International Policy Studies from Stanford. From 1999 to 2002 he served on the Board of Trustees of Colgate University.

Mark Hayes Speaker

School of International Relations and Pacific Studies
UC San Diego
San Diego, CA

(858) 534-3254
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Professor at the School of International Relations and Pacific Studies and Director of the School’s new Laboratory on International Law and Regulation
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David Victor Speaker
Seminars

During the 20th century electricity spread from tiny islands of experimental service to become the world's most important energy carrier. The fraction of energy converted to electrons before consumption has risen inexorably and approaches 40% worldwide. Few would argue with the judgment of the U.S. National Academy of Engineering that electricity was the most important innovation of the past century. Electricity transformed homes, factories, and offices, the work we do, our health and comfort, and how we spend our time. How will electricity transform the 21st century?

More flexible and cleaner for the end-user than the coal, gas, and other sources of energy services that it replaced, electricity will likely be the form that 55%-60% of energy takes in four to five decades as more and new electrical machines appear in the market. How might life change as this imperial technology conquers new domains?

And what about the 1.6 billion people who today lack access to electricity? Will global electrification be achieved in the coming half century or even sooner? If some regions defy electrification, what are the reasons? How might electrification change occupations and lifestyles of the poor?

During a two-day workshop on the implications of global electrification, we aim to assemble a fresh picture of visions for electrification, its trends in time and space, and selected implications for health, environment, and social and economic organization. We are inviting diverse experts to comment on these issues from the vantage of their disciplines, practice, and research. We are asking each to talk about their current work, ideas, and speculations rather than commission new studies. The novelty of the meeting lies in the diversity of perspectives and the chance to contrast and integrate them. Global electrification is far advanced and may be nearly complete in the coming decades. What will it take, and what may result?

Oksenberg Conference Room

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With our partners at the Indian Institute of Management (Ahmedabad), PESD hosted a conference on the 23rd and 24th of September in New Dehli focused on electricity market reforms in India and its effects on technologies and the environment.

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Liu Institute for Global Issues
6476 NW Marine Dr.
Vancouver BC V6T 1Z2

(604) 827-4468 (604) 822-6966
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Affiliated Faculty
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Hisham Zerriffi is an Assistant Professor and the Ivan Head South/North Research Chair in the Liu Institute for Global Issues at the University of British Columbia. Prior to joining the UBC Faculty, Dr. Zerriffi was a Postdoctoral Fellow with the Program on Energy and Sustainable Development. At PESD, he led a new project on the role of institutions in the deployment and diffusion of small-scale energy technologies. The centerpiece of this on-going study is a comparative analysis of different organizational and business models used to provide rural electricity on a local level.

Dr. Zerriffi received his Ph.D. from the Engineering and Public Policy Department at Carnegie Mellon University. His dissertation, "Electric Power Systems Under Stress: An Evaluation of Centralized Versus Distributed System Architectures" examined the reliability and economic implications of implementing large-scale distributed energy systems as a way to mitigate the effects of persistent stress on electric power systems. He has a B.A. in Physics (with minors in Political Science and Religion) from Oberlin College, Oberlin, OH and a Masters of Applied Science in Chemistry from McGill University, Montreal, Quebec, Canada. Before joining CMU he was a Senior Scientist at the Institute for Energy and Environmental Research.

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