Advisory Work in the Area of Energy Economics

The EEFC service covers a cross-section of topics on the economics of energy – while maintaining the necessary quality of the work. This service enjoys a wide international reputation as a result of reaching a very high professional standard. A broad range of subjects are covered by the service, including:
  • Extractive resources, covering oil, gas and coal – all aspects of demand, supply, pricing and forecasting
  • Taxation policies for different countries such as those active in the North Sea (both for the UK and Norway), Alaska, Indonesia and OECD regions
  • Research into different segments of the energy market, e.g. studies and surveys on gasoline market
  • Prices, costs, their formulations and policies for different energy variables such as oil, gas, electricity, etc.
  • All aspects of the economics of power generation including forecasting methods for power planning
  • Various macroeconomic interactions with the energy sector, such as impacts on employment factors, and so on
It is the Centre’s policy to bring to light the limitations of any given model and show the relevance and importance of judgmental factors in presenting any analysis based on the model concerned. EEFC is frequently invited to build macroeconomic models as well as financial models for different institutions. Examples are the Italian Treasury and the US Government (in relation to an international Tax Comparison Project). In addition to constructing our own analysis, the Centre works continually with other organisations worldwide and takes part and advises on their energy projects.