Research Library

The Middle East remains a vital supplier of oil and gas resources, but it could begin to take on a different role. Jim Krane discusses the region’s emerging energy strategies in light of energy transitions, highlighting challenges and opportunities for decarbonization.

Osamah Alsayegh discusses how the recent Iran-Iraq gas deal and the reestablishment of Iran-Saudi Arabia relations signal increased regional cooperation in the Persian Gulf to tackle energy and water challenges, despite geopolitical pressures and U.S. opposition.

The Latin American does not stop with hydrocarbons: It extends into metals and minerals as well. The demand for critical minerals such as copper and lithium is projected to at least double by 2030. Tilsa Oré Mónago discusses the role of South America in responding to the growing demand for critical minerals in light of clean energy transition plans, as well as the challenges to be faced in doing so.

The link from resource endowment to profitability is intimately tied to the full supply chain. In the U.S., concern about market concentration in China is motivating policy intervention to reorient supply chains in the interest of energy and national security. This is not without its obstacles, however. Michelle Michot Foss discusses how new U.S. laws intersect with the challenges of aligning materials supply chains with green energy goals amid political and economic pressures.

Energy transitions also connect to developments in natural gas and oil markets, both of which still receive significant attention from policymakers. Steven R. Miles explains that despite numerous challenges, global reliance on liquefied natural gas (LNG) has continued to expand. Thus, future trends will be shaped by trade dynamics, geopolitical factors, regulations, and U.S. policies. LNG is important for the global energy balance, and increasing demand for natural gas means the long-term outlook for U.S. LNG exports remains bright, despite the recent LNG permitting pause by the U.S. Department of Energy.

Ken Medlock highlights the importance of supply chains and legacy infrastructures for the success of new technologies and stresses the role of coordination along supply chains to drive value. A holistic awareness of economics, politics, regulation, and resource scarcity is critical for developing market structures that support investment for effective decarbonization.

Emerging artificial intelligence (AI) tools could prove an important contributor to successfully decarbonizing energy. Christopher Bronk discusses how they can enhance our ability to process and understand extensive data streams in energy, policy, technology, and geopolitics, which could transform the way we process information and assess regional and global situations in real time.

Rachel A. Meidl discusses why sustainability requires an approach that includes environmental, social, and economic factors across the entire supply chain spanning the life cycle of energy systems. Sustainability must move beyond a narrow focus on carbon metrics to address broader impacts and drive innovation. As companies emphasize sustainability imperatives, life cycle management will become increasingly important.

The transportation industry is squarely impacted by energy transitions. Ed Emmett discusses the importance of a nation’s transportation system for its economic health, much like a circulatory system is critical for the health of the individual. Shifting to new transportation energy sources poses challenges because, in some applications, it requires not just a change in the technology embodied in the mode of transportation, but an overhaul of the entire system. Each mode of transportation — from cars to shipping fleets to planes — faces different constraints that impact the economic viability of different fuel sources and methods of scaling.

The EU’s withdrawal from the Energy Charter Treaty may foreshadow an eventual end to investor-state dispute settlement (ISDI) — a legal mechanism that permits foreign investors to sue a country over actions that harm their investments. A report by fellow David A. Gantz outlines the history of ISDI provisions in global trade agreements and examines what ISDI’s end might mean for the future of investment and trade in the U.S., EU, and other nations.