CSIS Energy Security and Climate Change Program

On Monday, join us for a discussion of TotalEnergies' Energy Outlook with Thomas-Olivier Léautier, Chief Economist of TotalEnergies. Register here: https://lnkd.in/eeWwGvqj

Joseph Majkut and Jigar Shah discussed their recent travel to the EU and UK and how policymakers are looking at revising their own industrial strategies to follow the DOE's success and invest in their own energy/manufacturing capacity. Watch here: https://lnkd.in/eEtjhssZ

STARTING NOW: The CSIS Energy Security and Climate Change Program's Joseph Majkut welcomes Jigar Shah to discuss recent travel to the EU and UK & how policymakers are looking at revising their own industrial strategies to follow the DOE's success and invest in their own energy/manufacturing capacity. Watch: https://lnkd.in/eEtjhssZ

This week, Mike Wirth, Chevron's Chairman of the Board and Chief Executive Officer joined Joseph Majkut, Director of the CSIS Energy Security and Climate Change Program to discuss how the rapid growth of AI and data centers is changing power demand and how the energy industry is adjusting to these new challenges. To gain expert perspectives on the intersection of energy and AI, watch the event here: https://lnkd.in/gbu8gQ_v

Tomorrow at 12 p.m. ET, the CSIS Energy Security and Climate Change Program sits down with Mike Wirth, CEO and Chairman of the Board of Chevron, to discuss changes in the oil and gas industry, and how policy, market, and AI developments shape Chevron’s strategy. Register: https://cs.is/4c2Yuqn

We're hiring interns for our summer 2025 internship. This position is full-time, paid, and in-person. Competitive applicants will have strong research and communication skills and a demonstrated interest in energy and climate change. All applications are due by April 21st. Apply here: https://lnkd.in/eB2pVnqe

ICYMI: CSIS Energy Security and Climate Change Program experts sat down with Danielle Smith, Premier of Alberta, to discuss the province's important position in North American energy production. Listen in: https://lnkd.in/eFaYnxyk

Electricity flows between the United States and Canada have suddenly emerged as potential collateral damage in an escalating trade and diplomatic dispute between the two nations. The CSIS Energy Security and Climate Change Program unpacks the consequences of U.S.-Canada electricity tariffs: https://lnkd.in/eViB5K_y

Electricity is a small portion of overall US-Canadian trade story but risk of disruption to cross border flows has absorbed an inordinate amount of attention - with the help of Bridgette Schafer I track some of the key impacts and concerns. This disconnect highlights a key aspect of the political-economy of electricity: it is so essential, so embedded in daily lives, that when going smooth the public generally pays little attention to the background system/market. The counterpoint is a violent pendulum swing of focus/anger/anxiety when disruptions (or threats of disruption) emerge. Some key points: 1) Uncertainty. Over the status of tariffs on US side. Do they apply to electricity? Who on the US side collects these (the ISOs?)? Over the Canadian response... threats of 25% export levy or total cuts from the Ontario Premier. Very hard to pin down effects when so much remains uncertain. And no I offer no predictions on how the broader trade dispute evolves. 2) Short term price impacts of tariffs are real, upward, but ultimately marginal on final retail bill. New England/New York markets will see upward price pressure on wholesale markets. Flows which are scheduled daily to chase spreads will likely decrease. Grid Status has an excellent blog on this: https://lnkd.in/esB32_-P 3) Actual power flow cuts would create dangerous reliability risk. So far this has not occurred. But for example, New England saw ~15% of supply from Canada during winter peak hours in 2024. Maintaining reliability absent these imports is not a pretty picture. 4) Shadow cast over long term plans to expand cross border flows. Existing projects from Quebec to Northeast (NECEC to Mass via Maine and Hudson-Champagne to NYC) will proceed. I wonder if contracts will need renegotiating based on tariffs, I would expect NY/MA ratepayers to absorb the premium unfortunately. But future projects now must have a tariff/political risk premium attached to them where none existed before. Not clear they will pencil under such assumptions. 5) Northeast energy situation has taken another hit. The two pillars of state strategies have been offshore wind and imports from Canada. Both now are under pressure. Northeast faces very high prices, strict net-zero targets, and a dwindling option set. Something has got to give. More on this from me soon. Read full piece: https://lnkd.in/egF3-dEr CSIS Energy Security and Climate Change Program

CSIS Economic Security and Technology (EST) Department President Navin Girishankar and CSIS Energy Security and Climate Change Program expert Joseph Majkut joined The Truth of the Matter podcast to discuss their new research on how to secure U.S. full stack leadership in AI, especially expanding energy production to power future AI needs. Listen: https://lnkd.in/gAsASF-g