International Association for Energy Economics The International Association for Energy Economics is an independent, non-profit, organization for business, government, academic and other professionals applying economics in concert with other disciplines to enhance understanding of all aspects of energy production and use. The Association is global in scope and membership, and covers the full range of energy industry participants—including businesses, academia, scientific and other research institutions, consultants, governments, and inter-governmental institutions.

The IAEE was founded in 1977 to provide an interdisciplinary forum for the exchange of ideas about the energy industry. Today, the IAEE focuses on three main activities:

Any person with an active interest in energy economics is eligible for membership in the Association. Join as a Direct member, through a local Affiliate, or as an Institutional member. Student memberships are also available. Currently, approximately 70% are members through their Affiliate while 30% are Direct or Institutional members. Memberships of all types carry the right to vote and to hold office as a member of the IAEE Council, if elected by the membership at large.

Direct MembershipDirect memberships are $100 per year renewable twelve months from the date of receipt of a new member’s dues. They include subscriptions to The Energy Journal, Economics of Energy & Environmental Policy and the IAEE Energy Forum.

Membership through an AffiliateJoining the IAEE through a national affiliate can often save money compared with joining both the International and National Associations separately. Individuals indicate to the Affiliate that they wish to join the IAEE. The local Affiliate will collect and forward the IAEE dues to IAEE. Affiliates usually add an amount to cover local dues to the IAEE membership dues. Membership through an Affiliate is on a calendar year basis.

Membership in the United States Association for Energy Economics (USAEE)Membership in the USAEE is automatically combined with membership in the IAEE. The combined dues are $120.

Student MembershipStudent memberships are available to any full-time student (defined as someone who is enrolled in a degree-granting program—either undergraduate or graduate—at an institution of higher learning and registered full-time according to the definition of their respective academic institution, and who is not employed full-time). Students must submit written verification from a professor or other verifiable authority at their institution attesting to their full-time student status when making an application. Student memberships are $50 per year. Students may apply as Direct members or through a local Affiliate.

Institutional MembershipInstitutional membership allows a company or organization to gain recognition for supporting IAEE while benefitting from a variety of products/services.

Corporate Institutional Membership and Academic Institutional Membership have the same dues rate of $2,500 per year but different benefits packages.

Some of the benefits that come with IAEE Institutional Membership include:

• All IAEE publications for designated individuals

• Complimentary registration at the IAEE International or North American Conference

• 50% off exhibit table space at the IAEE International and North American Conference

• Non-IAEE members affiliated with the Institutional Member may attend IAEE Conferences at member rates

• Complimentary insert of the organization’s promotional material in delegate registration packets at the IAEE International and North American Conference

• One complimentary full page ad in both the IAEE Energy Forum and The Energy Journal per year

• Institutional Membership recognition in the Association’s Membership Directory

• Other benefits of this membership program can be found at www.iaee.org/en/membership/institutional.aspx

Member-Get-A-Member ProgramThe IAEE member-get-a-member program awards three months of free membership to non-Affiliate members who refer new members to the Association.

PUBLICATIONS CONFERENCES EDUCATION

Become a Member

IAEE Institutional MembersAt the time of publication, the following organizations are IAEE Institutional Members:

Administración del Mercado Eléctrico, UruguayAramco Services Co., USABerlin University of Technology, GermanyBP Plc., UKCarleton University, Faculty of Public Affairs, CanadaConocoPhillips, USACurtin Business School, Perth, AustraliaEmerald Energy Institute, UNIPORT, NigeriaEnergy Information Administration, USAEnergy Market Authority, SingaporeEnergy Research Institute, Russia

ESCP Europe Business School, UKInstitut Francais Du Petrole, FranceInstitute of Transportation Studies, University of California, DavisInstitute of Energy Economics, JapanInstitute of Nuclear Energy Research, TaiwanInter-American Development Bank, USAKing Abdullah Petroleum Studies & Research Center, Saudi ArabiaKorea Electric Power CorporationNational Energy Board, Alberta, Canada

Norwegian School of Economics and Business Administration, NorwayRice University, Baker Institute, USAShell International, Ltd., NetherlandsThe Energy Studies Institute, National University of SingaporeUniversity of Alberta, CanadaUniversity of Auckland, New ZealandUniversity of Stavanger, NorwayUniversity of Western Australia, AustraliaUTE, Uruguay

energyprofessionals

internationaleconomics science

policy

business

academic

communityfinance

government

environment

IAEE Headquarters 28790 Chagrin Blvd., Suite 350 Cleveland, OH 44122 USA

Telephone 1-216-464-5365 Fax 1-216-464-2737 E-Mail iaee@iaee.org

www.iaee.org

IAEE’s website has valuable resources available for both members and nonmembers such as:

• Complete searchable index and articles of The Energy Journal and the Economics of Energy & Environmental Policy

• IAEE Energy Forum (newsletter) archives

• IAEE Affiliate information and contacts

• IAEE conference announcements

• IAEE conference proceedings

• Working Paper Series

• Online Membership Directory

• Energy Economics Education Database

• Placement Service – post resumes/search available jobs

• Student membership, Summer Schools and special events

• Membership application

• Energy Data Links - find and share sources of energy data

• Distinguished Lecturers Series

• Energy Education Database

• Calendar of upcoming energy meetings

• IAEE member merchandise

Peer-reviewed journals and electronic media presenting high quality, leading edge research and ideas on energy and related issues.

International and regional conferences where participants present their latest research, hear about energy industry developments from inter-nationally renowned experts speaking from different perspectives, and network with other energy professionals.

Programs and Summer Schools to assist the education of students and young professionals and help them become the next generation of energy professionals.

Our Members

90 countries

4,300 members

2,400 members in Europe

800members in the Far East, Oceania and elsewhere

1,100 members in North America

16% Researchers & Consultants

7% Coal, Oil, Gas Companies

20% Academic

6% International Organizations & Other Corporations

5% Utilities

6% Government

2% Trade Associations & Journalists

2% Financial Institutions

20% Students

16% Other

research

regulation

institutions engineering

geology

Conferences

Our conferences provide a cost-effective and pleasurable opportunity to hear not only the latest research in energy economics but also the critical energy industry issues exercising governments and firms. IAEE holds an annual international conference. It also sponsors periodic regional meetings in Europe, North America, Asia, Latin America and other locales that discuss regional issues more directly relevant to some members. IAEE Conferences attract delegates from the most influential government, corporate and academic energy decision-making institutions. Keynote and luncheon speakers include leading industry specialists and well-known authorities. Members may submit their current research and present their findings on all facets of the energy industry in concurrent sessions where they obtain feedback from leading professionals in the field. Our conferences also provide many opportunities to network with other professional energy economists. IAEE conferences also feature special contests and prizes for students, while students also are eligible for reduced registration rates.

International Conference This meeting is hosted by an active Affiliate of the Association. Recent meetings have been held in Daegu, Perth, Stockholm, Rio de Janeiro, San Francisco, Antalya, New York City and Bergen.

North American ConferenceThis meeting is hosted by the United States Association for Energy Economics (USAEE). Recent meetings have been held in Anchorage, Austin, Washington, Calgary, New Orleans, Houston, Pittsburgh, and Mexico City.

European ConferenceThis meeting is hosted by an active European Affiliate of the Association. Recent meetings have been held in Düsseldorf, Venice, Vilnius, Florence, Vienna, Bergen, and Rome.

Asian ConferenceThis meeting is hosted by an active Asian Affiliate of the Association. Recent meetings have been held in Kyoto, Taipei , Beijing and Perth.

Latin America ConferenceThis meeting is hosted by the Latin American Associate for Energy Economics (LAAEE). Recent meetings have been held in Montevideo, Buenos Aires, Santiago, Medellin and Salvador.

Publications

The Energy JournalThe Energy Journal is a refereed, quarterly, print and electronic format publication covering topics in conventional and alternative/renewable energies, electricity supply and demand, energy prices, trade in energy, energy conservation, energy policy and regulation, and many other related areas. The Energy Journal carries a broad spectrum of empirical, theoretical and policy related papers within the field of energy economics. It also includes topical short papers, informative talks, research reports, a book review section, and advertisements of interest to energy economists. Special issues of The Energy Journal are often produced on a wide variety of energy topics.

Economics of Energy & Environmental PolicyEconomics of Energy & Environmental Policy is a refereed, biannual publication covering policies affecting the energy industry including those focused on the industry’s environmental impacts. Issues covered have included climate policy, emissions trading, sustainable energy systems, energy security, renewable energy policy, and energy regulatory policy. Economics of Energy & Environmental Policy articles are scholarly and research-based, yet easily read and accessible. Its content ranges from a blend of policy papers and notes, organized symposia on specific policy issues, feature articles, book reviews, and commentaries on current energy and environmental policy issues.

The Energy ForumThe Energy Forum (newsletter) is published quarterly in print and electronic format and covers timely thematic energy matters on conventional and renewable energy, specific country energy policies, and industry developments. Any member wishing to bring a matter to the attention of our members is invited to submit a brief non-technical article for timely publication. The Energy Forum also publishes announcements of upcoming association events, such as conferences and workshops, provides IAEE Affiliate news, and special reports and information on international energy matters.

Online Membership DirectoryAs a member of IAEE, we publish contact information (mailing address, email, phone, energy specializations, etc.) in the Online Membership Directory as well as in the membership directory pdf file. The ability to completely search this directory of IAEE members worldwide is available in the members only section of our website and is an invaluable resource for research and networking.

Our publications and conferences keep members well informed on energy industry matters, and the challenges that lie ahead. Members broaden their understanding of energy economics, policymaking and industry practices while networking within the largest Association of energy professionals. Anyone with an active interest in the field of energy economics is eligible for membership.

Specific member benefits include:

• Reduced fees for submitting articles to our journals

• Reduced fees for our conferences

• More extensive access to material on our web site including past conference proceedings, past issues of our journals and information on energy economics education, energy data links and employment opportunities

Depending on National Affiliate policies, people can often join the Association directly at the international level or at the national level through a National Affiliate.

Organizations can also become institutional members, providing a range of valuable benefits.

Affiliate/Chapter Activities

IAEE members may take advantage of a wide range of Affiliate/Chapter

activities and meetings in many countries and several major cities in

the United States. Most Affiliates/Chapters meet on a regular basis to

discuss energy related topics. Several IAEE Affiliates publish their own energy economics newsletters and directories.

FIRST NAME LAST NAME

POSITION COMPANY

MAILING ADDRESS (STREET AND NUMBER)

CITY STATE

COUNTRY ZIP/POSTAL CODE

OFFICE PHONE (include country code) E-MAIL

Method of Payment

s Check (payable to IAEE in U.S. dollars with checks drawn on a U.S. bank)

s Credit Card

s Visa

s MasterCard

(We do not accept any other credit cards)

Application Procedure

Direct member and Institutional member applications should be sent to IAEE Headquarters at the address below. Applications for membership through an Affiliate should be sent to the Affiliate. Those applying for Institutional Membership should complete one form for each individual covered by the membership; one form should indicate the “key contact” for the membership.

Publication Delivery

Members can receive The Energy Journal and/or the Energy Forum either electronically or printed and mailed. The Economics of Energy & Environmental Policy will soon be available only in electronic form.

Please indicate below how you would like to receive the publications indicated.

The Energy Journal

s Electronic

s Hard Copy

Dues Amount

s Regular U.S. Direct Membership . . $120

s Regular Non-U.S. Direct Membership . . . . . . . . . . . . . . . . . . .$100

s Institutional Membership . . . . . . . $2,500

s Student Membership . . . . . . . . . . . . . . . . . . $50

s Membership Certificate . . . . . . . . $30

COMPLETE NAME THAT YOU WISH TO APPEAR ON MEMBERSHIP CERTIFICATE

Total Amount Enclosed/Charged

$ __________________

International Association for Energy Economics 28790 Chagrin Blvd., Suite 350 Cleveland, OH 44122 USA

Membership Benefits

IAEE Membership ApplicationVOLUME 1

NUMBER 1 JANUARY 2012

PUBLISHED BY:

Energy Efficiency Policy PuzzlesTimothy J. Brennan

Changes in the Operational Efficiency of National Oil CompaniesPeter R. Hartley and Kenneth B. Medlock IIIRegional Trade Agreements, Emissions Bubbles, and Carbon Tariff HarmonizationYazid Dissou and Muhammad Shahid SiddiquiPrediction and Inference in the Hubbert-Deffeyes Peak Oil Model

John R. Boyce

Fuel Input Substitution under Tradable Carbon Permits System: Evidence from Finnish Energy Plants 2005–2008Mikael Linden, Matti Ma¨kela¨, and Jussi UusivuoriSeasonal Patterns of Energy in ChinaMaria Jesus Herrerias and Eric Girardin

Oil Price Shocks and the Stock Market: Evidence from JapanAbhay Abhyankar, Bing Xu, and Jiayue Wang

Green Illusions: The dirty secrets of clean energy and the future of environmentalism by Ozzie ZehneryFereidoon P. SioshansiHandbook of Renewable Energy Technology edited by Ahmed F. Zobaa and Ramesh C. BansalRamteen Sioshansi

Peeking at Peak Oil by Kjell AleklettMarian Radetzki

Russia’s Energy Policies. National, Interregional and Global Levels edited by Pami AaltoYadviga Semikolenova

The QUEST: Energy, Security, and the Remaking of the Modern World by Daniel YerginFred Joutz and Alexa Maniaci

BOOK REVIEWS

PAPERS

ENERGY PERSPECTIVES

The Energy Journal

ENERGY ECONOMICS EDUCATION FOUNDATION, INC.ISSN 0195-6574E-ISSN 1944-9089

IAEE Energy Forum

s Electronic

s Hard Copy

Conference Proceedings

IAEE publishes proceedings from the papers presented at its conferences,

making them available for member access on our website, free of charge.

IAEE Conference Proceedings have gained widespread acclaim from

the membership.

IAEE members regularly receive conference and registration announcements regarding the Association’s meetings. IAEE members may attend IAEE endorsed conferences at reduced rates.

Institutional Affiliation (check only one)s (21) Academics (22) Trade Associationss (23) Coal Companiess (24) U.S. Federal Governments (25) Financial Institutionss (26) Gas Pipeline Companiess (27) Government/Non-U.S.s (28) International Organizationss (29) Energy Journalistss (30) Oil Companiess (31) Other Corporationss (32) Research and Consultings (33) State & Local Governments (34) Utilitiess (35) Student

Affiliates/Chapters (check only one – if applicable)

INTERNATIONAL AFFILIATES s (23) Australias (22) Austrias (95) Beneluxs (94) Brazils (02) Canadas (13) Chinese AEE, Taipeis (75) Czech Republics (18) Denmark

s (05) Finlands (17) Frances (04) Germany (GEE)s (87) Greeces (80) Hong Kongs (06) Italys (07) Japans (26) Koreas (95) Latin American (LAAEE)s (30) Lithuanias (69) Mexicos (84) Nigerias (09) Norways (32) Polands (103) Portugals (73) Saudi Arabias (102) Slovenias (74) Spains (11) Swedens (12) Switzerland (SAEE)s (78) Turkeys (15) United Kingdom (BIEE)s (16) United States (USAEE)s (100) Colorado School of Mines

U.S. CHAPTERS s (66) Anchorages (97) Bay Area (San Francisco)s (65) Central Texas (Austin/San Antonio)s (56) Houston

s (99) Lehigh Universitys (79) Louisianas (86) Louisvilles (55) National Capital Area (Washington DC)s (59) New Yorks (56) Rice University Student Chapters (96) Three Rivers (Pittsburgh)

Energy Specialization Codes (check all that apply)

s (1) Petroleums (2) Natural Gass (3) Coals (4) Unconventional

Fossil Resourcess (5) Nuclear Powers (6) Electricitys (7) Renewabless (8) Energy and the

Environments (9) Energy Efficiencys (10) Transportations (11) Energy and the Economys (12) Energy Accesss (13) Energy Security

and Geopoliticss (14) Energy Investment

and Finances (15) Energy Modeling

CREDIT CARD NUMBER EXP. DATE

SIGNATURE OF CARDHOLDER CVC2 Code (from back of card)

DUES ARE PAID FOR ONE YEAR – The direct membership period runs twelve months from the end of the month in which the application is received. NOTE: Dues are non-refundable and memberships are non-transferable. Contributions or gifts to IAEE are not tax deductible as charitable contributions. However, dues payments may be tax deductible as ordinary and necessary business expenses.

Economics of Energy & Environmental Policy

Volume 1 Number 1

JanuarY 2012

Published By:

Introduction to Economics of Energy & Environmental Policy, Vision, Purpose, GoalsJean-Michel Glachant, Paul L. Joskow and Michael Pollitt

Can China Be the Catalyst for a Clean-energy Future?Fatih Birol

Is Conflating Climate with Energy Policy a Good Idea?A. Denny Ellerman

The Oil Market to 2030 – Implications for Investment and PolicyMark Finley

Shale Gas: A New US Revolution?Henry D. Jacoby, Sergey Paltsev and Francis O’Sullivan

The Future of Incentive RegulationStephen Littlechild

Reforming Competitive Electricity Markets to Meet Enviromental TargetsDavid Newbery

Long Run Trends in the Efficiency, Cost and Uptake of Lighting Services: Implications for Current PolicyPeter J.G. Pearson

The Architecture of a Climate Deal after CancunNicholas Stern

Some Political Economy of Global WarmingJean Tirole

Conferences

Our conferences provide a cost-effective and pleasurable opportunity to hear not only the latest research in energy economics but also the critical energy industry issues exercising governments and firms. IAEE holds an annual international conference. It also sponsors periodic regional meetings in Europe, North America, Asia, Latin America and other locales that discuss regional issues more directly relevant to some members. IAEE Conferences attract delegates from the most influential government, corporate and academic energy decision-making institutions. Keynote and luncheon speakers include leading industry specialists and well-known authorities. Members may submit their current research and present their findings on all facets of the energy industry in concurrent sessions where they obtain feedback from leading professionals in the field. Our conferences also provide many opportunities to network with other professional energy economists. IAEE conferences also feature special contests and prizes for students, while students also are eligible for reduced registration rates.

International Conference This meeting is hosted by an active Affiliate of the Association. Recent meetings have been held in Daegu, Perth, Stockholm, Rio de Janeiro, San Francisco, Antalya, New York City and Bergen.

North American ConferenceThis meeting is hosted by the United States Association for Energy Economics (USAEE). Recent meetings have been held in Anchorage, Austin, Washington, Calgary, New Orleans, Houston, Pittsburgh, and Mexico City.

European ConferenceThis meeting is hosted by an active European Affiliate of the Association. Recent meetings have been held in Düsseldorf, Venice, Vilnius, Florence, Vienna, Bergen, and Rome.

Asian ConferenceThis meeting is hosted by an active Asian Affiliate of the Association. Recent meetings have been held in Kyoto, Taipei , Beijing and Perth.

Latin America ConferenceThis meeting is hosted by the Latin American Associate for Energy Economics (LAAEE). Recent meetings have been held in Montevideo, Buenos Aires, Santiago, Medellin and Salvador.

Publications

The Energy JournalThe Energy Journal is a refereed, quarterly, print and electronic format publication covering topics in conventional and alternative/renewable energies, electricity supply and demand, energy prices, trade in energy, energy conservation, energy policy and regulation, and many other related areas. The Energy Journal carries a broad spectrum of empirical, theoretical and policy related papers within the field of energy economics. It also includes topical short papers, informative talks, research reports, a book review section, and advertisements of interest to energy economists. Special issues of The Energy Journal are often produced on a wide variety of energy topics.

Economics of Energy & Environmental PolicyEconomics of Energy & Environmental Policy is a refereed, biannual publication covering policies affecting the energy industry including those focused on the industry’s environmental impacts. Issues covered have included climate policy, emissions trading, sustainable energy systems, energy security, renewable energy policy, and energy regulatory policy. Economics of Energy & Environmental Policy articles are scholarly and research-based, yet easily read and accessible. Its content ranges from a blend of policy papers and notes, organized symposia on specific policy issues, feature articles, book reviews, and commentaries on current energy and environmental policy issues.

The Energy ForumThe Energy Forum (newsletter) is published quarterly in print and electronic format and covers timely thematic energy matters on conventional and renewable energy, specific country energy policies, and industry developments. Any member wishing to bring a matter to the attention of our members is invited to submit a brief non-technical article for timely publication. The Energy Forum also publishes announcements of upcoming association events, such as conferences and workshops, provides IAEE Affiliate news, and special reports and information on international energy matters.

Online Membership DirectoryAs a member of IAEE, we publish contact information (mailing address, email, phone, energy specializations, etc.) in the Online Membership Directory as well as in the membership directory pdf file. The ability to completely search this directory of IAEE members worldwide is available in the members only section of our website and is an invaluable resource for research and networking.

Our publications and conferences keep members well informed on energy industry matters, and the challenges that lie ahead. Members broaden their understanding of energy economics, policymaking and industry practices while networking within the largest Association of energy professionals. Anyone with an active interest in the field of energy economics is eligible for membership.

Specific member benefits include:

• Reduced fees for submitting articles to our journals

• Reduced fees for our conferences

• More extensive access to material on our web site including past conference proceedings, past issues of our journals and information on energy economics education, energy data links and employment opportunities

Depending on National Affiliate policies, people can often join the Association directly at the international level or at the national level through a National Affiliate.

Organizations can also become institutional members, providing a range of valuable benefits.

Affiliate/Chapter Activities

IAEE members may take advantage of a wide range of Affiliate/Chapter

activities and meetings in many countries and several major cities in

the United States. Most Affiliates/Chapters meet on a regular basis to

discuss energy related topics. Several IAEE Affiliates publish their own energy economics newsletters and directories.

FIRST NAME LAST NAME

POSITION COMPANY

MAILING ADDRESS (STREET AND NUMBER)

CITY STATE

COUNTRY ZIP/POSTAL CODE

OFFICE PHONE (include country code) E-MAIL

Method of Payment

s Check (payable to IAEE in U.S. dollars with checks drawn on a U.S. bank)

s Credit Card

s Visa

s MasterCard

(We do not accept any other credit cards)

Application Procedure

Direct member and Institutional member applications should be sent to IAEE Headquarters at the address below. Applications for membership through an Affiliate should be sent to the Affiliate. Those applying for Institutional Membership should complete one form for each individual covered by the membership; one form should indicate the “key contact” for the membership.

Publication Delivery

Members can receive The Energy Journal and/or the Energy Forum either electronically or printed and mailed. The Economics of Energy & Environmental Policy will soon be available only in electronic form.

Please indicate below how you would like to receive the publications indicated.

The Energy Journal

s Electronic

s Hard Copy

Dues Amount

s Regular U.S. Direct Membership . . $120

s Regular Non-U.S. Direct Membership . . . . . . . . . . . . . . . . . . .$100

s Institutional Membership . . . . . . . $2,500

s Student Membership . . . . . . . . . . . . . . . . . . $50

s Membership Certificate . . . . . . . . $30

COMPLETE NAME THAT YOU WISH TO APPEAR ON MEMBERSHIP CERTIFICATE

Total Amount Enclosed/Charged

$ __________________

International Association for Energy Economics 28790 Chagrin Blvd., Suite 350 Cleveland, OH 44122 USA

Membership Benefits

IAEE Membership ApplicationVOLUME 1

NUMBER 1 JANUARY 2012

PUBLISHED BY:

Energy Efficiency Policy PuzzlesTimothy J. Brennan

Changes in the Operational Efficiency of National Oil CompaniesPeter R. Hartley and Kenneth B. Medlock IIIRegional Trade Agreements, Emissions Bubbles, and Carbon Tariff HarmonizationYazid Dissou and Muhammad Shahid SiddiquiPrediction and Inference in the Hubbert-Deffeyes Peak Oil Model

John R. Boyce

Fuel Input Substitution under Tradable Carbon Permits System: Evidence from Finnish Energy Plants 2005–2008Mikael Linden, Matti Ma¨kela¨, and Jussi UusivuoriSeasonal Patterns of Energy in ChinaMaria Jesus Herrerias and Eric Girardin

Oil Price Shocks and the Stock Market: Evidence from JapanAbhay Abhyankar, Bing Xu, and Jiayue Wang

Green Illusions: The dirty secrets of clean energy and the future of environmentalism by Ozzie ZehneryFereidoon P. SioshansiHandbook of Renewable Energy Technology edited by Ahmed F. Zobaa and Ramesh C. BansalRamteen Sioshansi

Peeking at Peak Oil by Kjell AleklettMarian Radetzki

Russia’s Energy Policies. National, Interregional and Global Levels edited by Pami AaltoYadviga Semikolenova

The QUEST: Energy, Security, and the Remaking of the Modern World by Daniel YerginFred Joutz and Alexa Maniaci

BOOK REVIEWS

PAPERS

ENERGY PERSPECTIVES

The Energy Journal

ENERGY ECONOMICS EDUCATION FOUNDATION, INC.ISSN 0195-6574E-ISSN 1944-9089

IAEE Energy Forum

s Electronic

s Hard Copy

Conference Proceedings

IAEE publishes proceedings from the papers presented at its conferences,

making them available for member access on our website, free of charge.

IAEE Conference Proceedings have gained widespread acclaim from

the membership.

IAEE members regularly receive conference and registration announcements regarding the Association’s meetings. IAEE members may attend IAEE endorsed conferences at reduced rates.

Institutional Affiliation (check only one)s (21) Academics (22) Trade Associationss (23) Coal Companiess (24) U.S. Federal Governments (25) Financial Institutionss (26) Gas Pipeline Companiess (27) Government/Non-U.S.s (28) International Organizationss (29) Energy Journalistss (30) Oil Companiess (31) Other Corporationss (32) Research and Consultings (33) State & Local Governments (34) Utilitiess (35) Student

Affiliates/Chapters (check only one – if applicable)

INTERNATIONAL AFFILIATES s (23) Australias (22) Austrias (95) Beneluxs (94) Brazils (02) Canadas (13) Chinese AEE, Taipeis (75) Czech Republics (18) Denmark

s (05) Finlands (17) Frances (04) Germany (GEE)s (87) Greeces (80) Hong Kongs (06) Italys (07) Japans (26) Koreas (95) Latin American (LAAEE)s (30) Lithuanias (69) Mexicos (84) Nigerias (09) Norways (32) Polands (103) Portugals (73) Saudi Arabias (102) Slovenias (74) Spains (11) Swedens (12) Switzerland (SAEE)s (78) Turkeys (15) United Kingdom (BIEE)s (16) United States (USAEE)s (100) Colorado School of Mines

U.S. CHAPTERS s (66) Anchorages (97) Bay Area (San Francisco)s (65) Central Texas (Austin/San Antonio)s (56) Houston

s (99) Lehigh Universitys (79) Louisianas (86) Louisvilles (55) National Capital Area (Washington DC)s (59) New Yorks (56) Rice University Student Chapters (96) Three Rivers (Pittsburgh)

Energy Specialization Codes (check all that apply)

s (1) Petroleums (2) Natural Gass (3) Coals (4) Unconventional

Fossil Resourcess (5) Nuclear Powers (6) Electricitys (7) Renewabless (8) Energy and the

Environments (9) Energy Efficiencys (10) Transportations (11) Energy and the Economys (12) Energy Accesss (13) Energy Security

and Geopoliticss (14) Energy Investment

and Finances (15) Energy Modeling

CREDIT CARD NUMBER EXP. DATE

SIGNATURE OF CARDHOLDER CVC2 Code (from back of card)

DUES ARE PAID FOR ONE YEAR – The direct membership period runs twelve months from the end of the month in which the application is received. NOTE: Dues are non-refundable and memberships are non-transferable. Contributions or gifts to IAEE are not tax deductible as charitable contributions. However, dues payments may be tax deductible as ordinary and necessary business expenses.

Economics of Energy & Environmental Policy

Volume 1 Number 1

JanuarY 2012

Published By:

Introduction to Economics of Energy & Environmental Policy, Vision, Purpose, GoalsJean-Michel Glachant, Paul L. Joskow and Michael Pollitt

Can China Be the Catalyst for a Clean-energy Future?Fatih Birol

Is Conflating Climate with Energy Policy a Good Idea?A. Denny Ellerman

The Oil Market to 2030 – Implications for Investment and PolicyMark Finley

Shale Gas: A New US Revolution?Henry D. Jacoby, Sergey Paltsev and Francis O’Sullivan

The Future of Incentive RegulationStephen Littlechild

Reforming Competitive Electricity Markets to Meet Enviromental TargetsDavid Newbery

Long Run Trends in the Efficiency, Cost and Uptake of Lighting Services: Implications for Current PolicyPeter J.G. Pearson

The Architecture of a Climate Deal after CancunNicholas Stern

Some Political Economy of Global WarmingJean Tirole

International Association for Energy Economics The International Association for Energy Economics is an independent, non-profit, organization for business, government, academic and other professionals applying economics in concert with other disciplines to enhance understanding of all aspects of energy production and use. The Association is global in scope and membership, and covers the full range of energy industry participants—including businesses, academia, scientific and other research institutions, consultants, governments, and inter-governmental institutions.

The IAEE was founded in 1977 to provide an interdisciplinary forum for the exchange of ideas about the energy industry. Today, the IAEE focuses on three main activities:

Any person with an active interest in energy economics is eligible for membership in the Association. Join as a Direct member, through a local Affiliate, or as an Institutional member. Student memberships are also available. Currently, approximately 70% are members through their Affiliate while 30% are Direct or Institutional members. Memberships of all types carry the right to vote and to hold office as a member of the IAEE Council, if elected by the membership at large.

Direct MembershipDirect memberships are $100 per year renewable twelve months from the date of receipt of a new member’s dues. They include subscriptions to The Energy Journal, Economics of Energy & Environmental Policy and the IAEE Energy Forum.

Membership through an AffiliateJoining the IAEE through a national affiliate can often save money compared with joining both the International and National Associations separately. Individuals indicate to the Affiliate that they wish to join the IAEE. The local Affiliate will collect and forward the IAEE dues to IAEE. Affiliates usually add an amount to cover local dues to the IAEE membership dues. Membership through an Affiliate is on a calendar year basis.

Membership in the United States Association for Energy Economics (USAEE)Membership in the USAEE is automatically combined with membership in the IAEE. The combined dues are $120.

Student MembershipStudent memberships are available to any full-time student (defined as someone who is enrolled in a degree-granting program—either undergraduate or graduate—at an institution of higher learning and registered full-time according to the definition of their respective academic institution, and who is not employed full-time). Students must submit written verification from a professor or other verifiable authority at their institution attesting to their full-time student status when making an application. Student memberships are $50 per year. Students may apply as Direct members or through a local Affiliate.

Institutional MembershipInstitutional membership allows a company or organization to gain recognition for supporting IAEE while benefitting from a variety of products/services.

Corporate Institutional Membership and Academic Institutional Membership have the same dues rate of $2,500 per year but different benefits packages.

Some of the benefits that come with IAEE Institutional Membership include:

• All IAEE publications for designated individuals

• Complimentary registration at the IAEE International or North American Conference

• 50% off exhibit table space at the IAEE International and North American Conference

• Non-IAEE members affiliated with the Institutional Member may attend IAEE Conferences at member rates

• Complimentary insert of the organization’s promotional material in delegate registration packets at the IAEE International and North American Conference

• One complimentary full page ad in both the IAEE Energy Forum and The Energy Journal per year

• Institutional Membership recognition in the Association’s Membership Directory

• Other benefits of this membership program can be found at www.iaee.org/en/membership/institutional.aspx

Member-Get-A-Member ProgramThe IAEE member-get-a-member program awards three months of free membership to non-Affiliate members who refer new members to the Association.

PUBLICATIONS CONFERENCES EDUCATION

Become a Member

IAEE Institutional MembersAt the time of publication, the following organizations are IAEE Institutional Members:

Administración del Mercado Eléctrico, UruguayAramco Services Co., USABerlin University of Technology, GermanyBP Plc., UKCarleton University, Faculty of Public Affairs, CanadaConocoPhillips, USACurtin Business School, Perth, AustraliaEmerald Energy Institute, UNIPORT, NigeriaEnergy Information Administration, USAEnergy Market Authority, SingaporeEnergy Research Institute, Russia

ESCP Europe Business School, UKInstitut Francais Du Petrole, FranceInstitute of Transportation Studies, University of California, DavisInstitute of Energy Economics, JapanInstitute of Nuclear Energy Research, TaiwanInter-American Development Bank, USAKing Abdullah Petroleum Studies & Research Center, Saudi ArabiaKorea Electric Power CorporationNational Energy Board, Alberta, Canada

Norwegian School of Economics and Business Administration, NorwayRice University, Baker Institute, USAShell International, Ltd., NetherlandsThe Energy Studies Institute, National University of SingaporeUniversity of Alberta, CanadaUniversity of Auckland, New ZealandUniversity of Stavanger, NorwayUniversity of Western Australia, AustraliaUTE, Uruguay

energyprofessionals

internationaleconomics science

policy

business

academic

communityfinance

government

environment

IAEE Headquarters 28790 Chagrin Blvd., Suite 350 Cleveland, OH 44122 USA

Telephone 1-216-464-5365 Fax 1-216-464-2737 E-Mail iaee@iaee.org

www.iaee.org

IAEE’s website has valuable resources available for both members and nonmembers such as:

• Complete searchable index and articles of The Energy Journal and the Economics of Energy & Environmental Policy

• IAEE Energy Forum (newsletter) archives

• IAEE Affiliate information and contacts

• IAEE conference announcements

• IAEE conference proceedings

• Working Paper Series

• Online Membership Directory

• Energy Economics Education Database

• Placement Service – post resumes/search available jobs

• Student membership, Summer Schools and special events

• Membership application

• Energy Data Links - find and share sources of energy data

• Distinguished Lecturers Series

• Energy Education Database

• Calendar of upcoming energy meetings

• IAEE member merchandise

Peer-reviewed journals and electronic media presenting high quality, leading edge research and ideas on energy and related issues.

International and regional conferences where participants present their latest research, hear about energy industry developments from inter-nationally renowned experts speaking from different perspectives, and network with other energy professionals.

Programs and Summer Schools to assist the education of students and young professionals and help them become the next generation of energy professionals.

Our Members

90 countries

4,300 members

2,400 members in Europe

800members in the Far East, Oceania and elsewhere

1,100 members in North America

16% Researchers & Consultants

7% Coal, Oil, Gas Companies

20% Academic

6% International Organizations & Other Corporations

5% Utilities

6% Government

2% Trade Associations & Journalists

2% Financial Institutions

20% Students

16% Other

research

regulation

institutions engineering

geology

Conferences

Our conferences provide a cost-effective and pleasurable opportunity to hear not only the latest research in energy economics but also the critical energy industry issues exercising governments and firms. IAEE holds an annual international conference. It also sponsors periodic regional meetings in Europe, North America, Asia, Latin America and other locales that discuss regional issues more directly relevant to some members. IAEE Conferences attract delegates from the most influential government, corporate and academic energy decision-making institutions. Keynote and luncheon speakers include leading industry specialists and well-known authorities. Members may submit their current research and present their findings on all facets of the energy industry in concurrent sessions where they obtain feedback from leading professionals in the field. Our conferences also provide many opportunities to network with other professional energy economists. IAEE conferences also feature special contests and prizes for students, while students also are eligible for reduced registration rates.

International Conference This meeting is hosted by an active Affiliate of the Association. Recent meetings have been held in Daegu, Perth, Stockholm, Rio de Janeiro, San Francisco, Antalya, New York City and Bergen.

North American ConferenceThis meeting is hosted by the United States Association for Energy Economics (USAEE). Recent meetings have been held in Anchorage, Austin, Washington, Calgary, New Orleans, Houston, Pittsburgh, and Mexico City.

European ConferenceThis meeting is hosted by an active European Affiliate of the Association. Recent meetings have been held in Düsseldorf, Venice, Vilnius, Florence, Vienna, Bergen, and Rome.

Asian ConferenceThis meeting is hosted by an active Asian Affiliate of the Association. Recent meetings have been held in Kyoto, Taipei , Beijing and Perth.

Latin America ConferenceThis meeting is hosted by the Latin American Associate for Energy Economics (LAAEE). Recent meetings have been held in Montevideo, Buenos Aires, Santiago, Medellin and Salvador.

Publications

The Energy JournalThe Energy Journal is a refereed, quarterly, print and electronic format publication covering topics in conventional and alternative/renewable energies, electricity supply and demand, energy prices, trade in energy, energy conservation, energy policy and regulation, and many other related areas. The Energy Journal carries a broad spectrum of empirical, theoretical and policy related papers within the field of energy economics. It also includes topical short papers, informative talks, research reports, a book review section, and advertisements of interest to energy economists. Special issues of The Energy Journal are often produced on a wide variety of energy topics.

Economics of Energy & Environmental PolicyEconomics of Energy & Environmental Policy is a refereed, biannual publication covering policies affecting the energy industry including those focused on the industry’s environmental impacts. Issues covered have included climate policy, emissions trading, sustainable energy systems, energy security, renewable energy policy, and energy regulatory policy. Economics of Energy & Environmental Policy articles are scholarly and research-based, yet easily read and accessible. Its content ranges from a blend of policy papers and notes, organized symposia on specific policy issues, feature articles, book reviews, and commentaries on current energy and environmental policy issues.

The Energy ForumThe Energy Forum (newsletter) is published quarterly in print and electronic format and covers timely thematic energy matters on conventional and renewable energy, specific country energy policies, and industry developments. Any member wishing to bring a matter to the attention of our members is invited to submit a brief non-technical article for timely publication. The Energy Forum also publishes announcements of upcoming association events, such as conferences and workshops, provides IAEE Affiliate news, and special reports and information on international energy matters.

Online Membership DirectoryAs a member of IAEE, we publish contact information (mailing address, email, phone, energy specializations, etc.) in the Online Membership Directory as well as in the membership directory pdf file. The ability to completely search this directory of IAEE members worldwide is available in the members only section of our website and is an invaluable resource for research and networking.

Our publications and conferences keep members well informed on energy industry matters, and the challenges that lie ahead. Members broaden their understanding of energy economics, policymaking and industry practices while networking within the largest Association of energy professionals. Anyone with an active interest in the field of energy economics is eligible for membership.

Specific member benefits include:

• Reduced fees for submitting articles to our journals

• Reduced fees for our conferences

• More extensive access to material on our web site including past conference proceedings, past issues of our journals and information on energy economics education, energy data links and employment opportunities

Depending on National Affiliate policies, people can often join the Association directly at the international level or at the national level through a National Affiliate.

Organizations can also become institutional members, providing a range of valuable benefits.

Affiliate/Chapter Activities

IAEE members may take advantage of a wide range of Affiliate/Chapter

activities and meetings in many countries and several major cities in

the United States. Most Affiliates/Chapters meet on a regular basis to

discuss energy related topics. Several IAEE Affiliates publish their own energy economics newsletters and directories.

FIRST NAME LAST NAME

POSITION COMPANY

MAILING ADDRESS (STREET AND NUMBER)

CITY STATE

COUNTRY ZIP/POSTAL CODE

OFFICE PHONE (include country code) E-MAIL

Method of Payment

s Check (payable to IAEE in U.S. dollars with checks drawn on a U.S. bank)

s Credit Card

s Visa

s MasterCard

(We do not accept any other credit cards)

Application Procedure

Direct member and Institutional member applications should be sent to IAEE Headquarters at the address below. Applications for membership through an Affiliate should be sent to the Affiliate. Those applying for Institutional Membership should complete one form for each individual covered by the membership; one form should indicate the “key contact” for the membership.

Publication Delivery

Members can receive The Energy Journal and/or the Energy Forum either electronically or printed and mailed. The Economics of Energy & Environmental Policy will soon be available only in electronic form.

Please indicate below how you would like to receive the publications indicated.

The Energy Journal

s Electronic

s Hard Copy

Dues Amount

s Regular U.S. Direct Membership . . $120

s Regular Non-U.S. Direct Membership . . . . . . . . . . . . . . . . . . .$100

s Institutional Membership . . . . . . . $2,500

s Student Membership . . . . . . . . . . . . . . . . . . $50

s Membership Certificate . . . . . . . . $30

COMPLETE NAME THAT YOU WISH TO APPEAR ON MEMBERSHIP CERTIFICATE

Total Amount Enclosed/Charged

$ __________________

International Association for Energy Economics 28790 Chagrin Blvd., Suite 350 Cleveland, OH 44122 USA

Membership Benefits

IAEE Membership ApplicationVOLUME 1

NUMBER 1 JANUARY 2012

PUBLISHED BY:

Energy Efficiency Policy PuzzlesTimothy J. Brennan

Changes in the Operational Efficiency of National Oil CompaniesPeter R. Hartley and Kenneth B. Medlock IIIRegional Trade Agreements, Emissions Bubbles, and Carbon Tariff HarmonizationYazid Dissou and Muhammad Shahid SiddiquiPrediction and Inference in the Hubbert-Deffeyes Peak Oil Model

John R. Boyce

Fuel Input Substitution under Tradable Carbon Permits System: Evidence from Finnish Energy Plants 2005–2008Mikael Linden, Matti Ma¨kela¨, and Jussi UusivuoriSeasonal Patterns of Energy in ChinaMaria Jesus Herrerias and Eric Girardin

Oil Price Shocks and the Stock Market: Evidence from JapanAbhay Abhyankar, Bing Xu, and Jiayue Wang

Green Illusions: The dirty secrets of clean energy and the future of environmentalism by Ozzie ZehneryFereidoon P. SioshansiHandbook of Renewable Energy Technology edited by Ahmed F. Zobaa and Ramesh C. BansalRamteen Sioshansi

Peeking at Peak Oil by Kjell AleklettMarian Radetzki

Russia’s Energy Policies. National, Interregional and Global Levels edited by Pami AaltoYadviga Semikolenova

The QUEST: Energy, Security, and the Remaking of the Modern World by Daniel YerginFred Joutz and Alexa Maniaci

BOOK REVIEWS

PAPERS

ENERGY PERSPECTIVES

The Energy Journal

ENERGY ECONOMICS EDUCATION FOUNDATION, INC.ISSN 0195-6574E-ISSN 1944-9089

IAEE Energy Forum

s Electronic

s Hard Copy

Conference Proceedings

IAEE publishes proceedings from the papers presented at its conferences,

making them available for member access on our website, free of charge.

IAEE Conference Proceedings have gained widespread acclaim from

the membership.

IAEE members regularly receive conference and registration announcements regarding the Association’s meetings. IAEE members may attend IAEE endorsed conferences at reduced rates.

Institutional Affiliation (check only one)s (21) Academics (22) Trade Associationss (23) Coal Companiess (24) U.S. Federal Governments (25) Financial Institutionss (26) Gas Pipeline Companiess (27) Government/Non-U.S.s (28) International Organizationss (29) Energy Journalistss (30) Oil Companiess (31) Other Corporationss (32) Research and Consultings (33) State & Local Governments (34) Utilitiess (35) Student

Affiliates/Chapters (check only one – if applicable)

INTERNATIONAL AFFILIATES s (23) Australias (22) Austrias (95) Beneluxs (94) Brazils (02) Canadas (13) Chinese AEE, Taipeis (75) Czech Republics (18) Denmark

s (05) Finlands (17) Frances (04) Germany (GEE)s (87) Greeces (80) Hong Kongs (06) Italys (07) Japans (26) Koreas (95) Latin American (LAAEE)s (30) Lithuanias (69) Mexicos (84) Nigerias (09) Norways (32) Polands (103) Portugals (73) Saudi Arabias (102) Slovenias (74) Spains (11) Swedens (12) Switzerland (SAEE)s (78) Turkeys (15) United Kingdom (BIEE)s (16) United States (USAEE)

U.S. CHAPTERS s (66) Anchorages (97) Bay Area (San Francisco)s (65) Central Texas (Austin/San Antonio)s (100) Colorado School of Miness (56) Houston

s (99) Lehigh Universitys (79) Louisianas (86) Louisvilles (55) National Capital Area (Washington DC)s (59) New Yorks (56) Rice University Student Chapters (96) Three Rivers (Pittsburgh)

Energy Specialization Codes (check all that apply)

s (1) Petroleums (2) Natural Gass (3) Coals (4) Unconventional

Fossil Resourcess (5) Nuclear Powers (6) Electricitys (7) Renewabless (8) Energy and the

Environments (9) Energy Efficiencys (10) Transportations (11) Energy and the Economys (12) Energy Accesss (13) Energy Security

and Geopoliticss (14) Energy Investment

and Finances (15) Energy Modeling

CREDIT CARD NUMBER EXP. DATE

SIGNATURE OF CARDHOLDER CVC2 Code (from back of card)

DUES ARE PAID FOR ONE YEAR – The direct membership period runs twelve months from the end of the month in which the application is received. NOTE: Dues are non-refundable and memberships are non-transferable. Contributions or gifts to IAEE are not tax deductible as charitable contributions. However, dues payments may be tax deductible as ordinary and necessary business expenses.

Economics of Energy & Environmental Policy

Volume 1 Number 1

JanuarY 2012

Published By:

Introduction to Economics of Energy & Environmental Policy, Vision, Purpose, GoalsJean-Michel Glachant, Paul L. Joskow and Michael Pollitt

Can China Be the Catalyst for a Clean-energy Future?Fatih Birol

Is Conflating Climate with Energy Policy a Good Idea?A. Denny Ellerman

The Oil Market to 2030 – Implications for Investment and PolicyMark Finley

Shale Gas: A New US Revolution?Henry D. Jacoby, Sergey Paltsev and Francis O’Sullivan

The Future of Incentive RegulationStephen Littlechild

Reforming Competitive Electricity Markets to Meet Enviromental TargetsDavid Newbery

Long Run Trends in the Efficiency, Cost and Uptake of Lighting Services: Implications for Current PolicyPeter J.G. Pearson

The Architecture of a Climate Deal after CancunNicholas Stern

Some Political Economy of Global WarmingJean Tirole

International Association for Energy Economics The International Association for Energy Economics is an independent, non-profit, organization for business, government, academic and other professionals applying economics in concert with other disciplines to enhance understanding of all aspects of energy production and use. The Association is global in scope and membership, and covers the full range of energy industry participants—including businesses, academia, scientific and other research institutions, consultants, governments, and inter-governmental institutions.

The IAEE was founded in 1977 to provide an interdisciplinary forum for the exchange of ideas about the energy industry. Today, the IAEE focuses on three main activities:

Any person with an active interest in energy economics is eligible for membership in the Association. Join as a Direct member, through a local Affiliate, or as an Institutional member. Student memberships are also available. Currently, approximately 70% are members through their Affiliate while 30% are Direct or Institutional members. Memberships of all types carry the right to vote and to hold office as a member of the IAEE Council, if elected by the membership at large.

Direct MembershipDirect memberships are $100 per year renewable twelve months from the date of receipt of a new member’s dues. They include subscriptions to The Energy Journal, Economics of Energy & Environmental Policy and the IAEE Energy Forum.

Membership through an AffiliateJoining the IAEE through a national affiliate can often save money compared with joining both the International and National Associations separately. Individuals indicate to the Affiliate that they wish to join the IAEE. The local Affiliate will collect and forward the IAEE dues to IAEE. Affiliates usually add an amount to cover local dues to the IAEE membership dues. Membership through an Affiliate is on a calendar year basis.

Membership in the United States Association for Energy Economics (USAEE)Membership in the USAEE is automatically combined with membership in the IAEE. The combined dues are $120.

Student MembershipStudent memberships are available to any full-time student (defined as someone who is enrolled in a degree-granting program—either undergraduate or graduate—at an institution of higher learning and registered full-time according to the definition of their respective academic institution, and who is not employed full-time). Students must submit written verification from a professor or other verifiable authority at their institution attesting to their full-time student status when making an application. Student memberships are $50 per year. Students may apply as Direct members or through a local Affiliate.

Institutional MembershipInstitutional membership allows a company or organization to gain recognition for supporting IAEE while benefitting from a variety of products/services.

Corporate Institutional Membership and Academic Institutional Membership have the same dues rate of $2,500 per year but different benefits packages.

Some of the benefits that come with IAEE Institutional Membership include:

• All IAEE publications for designated individuals

• Complimentary registration at the IAEE International or North American Conference

• 50% off exhibit table space at the IAEE International and North American Conference

• Non-IAEE members affiliated with the Institutional Member may attend IAEE Conferences at member rates

• Complimentary insert of the organization’s promotional material in delegate registration packets at the IAEE International and North American Conference

• One complimentary full page ad in both the IAEE Energy Forum and The Energy Journal per year

• Institutional Membership recognition in the Association’s Membership Directory

• Other benefits of this membership program can be found at www.iaee.org/en/membership/institutional.aspx

Member-Get-A-Member ProgramThe IAEE member-get-a-member program awards three months of free membership to non-Affiliate members who refer new members to the Association.

PUBLICATIONS CONFERENCES EDUCATION

Become a Member

IAEE Institutional MembersAt the time of publication, the following organizations are IAEE Institutional Members:

Administración del Mercado Eléctrico, UruguayAramco Services Co., USABerlin University of Technology, GermanyBP Plc., UKCarleton University, Faculty of Public Affairs, CanadaConocoPhillips, USACurtin Business School, Perth, AustraliaEmerald Energy Institute, UNIPORT, NigeriaEnergy Information Administration, USAEnergy Market Authority, SingaporeEnergy Research Institute, Russia

ESCP Europe Business School, UKInstitut Francais Du Petrole, FranceInstitute of Transportation Studies, University of California, DavisInstitute of Energy Economics, JapanInstitute of Nuclear Energy Research, TaiwanInter-American Development Bank, USAKing Abdullah Petroleum Studies & Research Center, Saudi ArabiaKorea Electric Power CorporationNational Energy Board, Alberta, Canada

Norwegian School of Economics and Business Administration, NorwayRice University, Baker Institute, USAShell International, Ltd., NetherlandsThe Energy Studies Institute, National University of SingaporeUniversity of Alberta, CanadaUniversity of Auckland, New ZealandUniversity of Stavanger, NorwayUniversity of Western Australia, AustraliaUTE, Uruguay

energyprofessionals

internationaleconomics science

policy

business

academic

communityfinance

government

environment

IAEE Headquarters 28790 Chagrin Blvd., Suite 350 Cleveland, OH 44122 USA

Telephone 1-216-464-5365 Fax 1-216-464-2737 E-Mail iaee@iaee.org

www.iaee.org

IAEE’s website has valuable resources available for both members and nonmembers such as:

• Complete searchable index and articles of The Energy Journal and the Economics of Energy & Environmental Policy

• IAEE Energy Forum (newsletter) archives

• IAEE Affiliate information and contacts

• IAEE conference announcements

• IAEE conference proceedings

• Working Paper Series

• Online Membership Directory

• Energy Economics Education Database

• Placement Service – post resumes/search available jobs

• Student membership, Summer Schools and special events

• Membership application

• Energy Data Links - find and share sources of energy data

• Distinguished Lecturers Series

• Energy Education Database

• Calendar of upcoming energy meetings

• IAEE member merchandise

Peer-reviewed journals and electronic media presenting high quality, leading edge research and ideas on energy and related issues.

International and regional conferences where participants present their latest research, hear about energy industry developments from inter-nationally renowned experts speaking from different perspectives, and network with other energy professionals.

Programs and Summer Schools to assist the education of students and young professionals and help them become the next generation of energy professionals.

Our Members

90 countries

4,300 members

2,400 members in Europe

800members in the Far East, Oceania and elsewhere

1,100 members in North America

16% Researchers & Consultants

7% Coal, Oil, Gas Companies

20% Academic

6% International Organizations & Other Corporations

5% Utilities

6% Government

2% Trade Associations & Journalists

2% Financial Institutions

20% Students

16% Other

research

regulation

institutions engineering

geology