Consulting offers independent, high-quality professional advice on a range
of strategic, policy and economic issues affecting the energy business.
Examples of recent projects are described below.
Oil and gas
- Unconventional gas: We have recently been advising the International Energy Agency (IEA) and IPIECA on the prospects for and implications of unconventional gas worldwide (see box on the right).
- Long-term outlook for oil and gas: We have been assisting for several years the IEA in preparing the gas chapter of its annual World Energy Outlook, which sets out long-term proejctions of energy demand, supply, trade and investment worldwide, fuel by fuel, sector by sector and region by region. Please click here for more information about how to order a copy of the latest edition from the IEA website.
East and North Africa Oil and Gas: On behalf of the IEA, carried
out a detailed analysis of trends in and prospects for oil and gas production
and exports in the MENA region. This involved detailed modelling of
energy trends and field-by-field oil and gas production. Work focused
on Iraq, Saudi Arabia and Algeria. Results were published in the World
Energy Outlook 2005 in November 2005 (see box).
- Central Asian Gasoline Market: Advised a leading Japanese oil-trading
firm on the medium-term potential for exporting gasoline from refineries
in Central Asia.
Supply Security in an Enlarged Europe: On behalf of the European
Commission (DG TREN) and in collaboration with ECN, prepared a set of long-term
scenarios of gas supply to an enlarged European Union and assessed
their implications for supply security and policy.
Gas Sector Reform: In the framework of an IEA review, advised the
Chinese Government on natural
gas sector policies aimed at promoting trade, investment and market
Gas Market: On behalf of the European Federation of Energy Traders,
assessed the implications of the Ruhrgas/E.On merger on the new firm’s
ability to influence gas and electricity prices using a model of wholesale
markets. Also prepared a proposal for reforming the access regime in
Germany (with Frontier Economics).
Party Access in the Gas Industry: Assessed the impact of the introduction
of third-party access to natural gas networks on the structure and evolution
of the market, based on detailed case studies, for the Japan National
- Australian Gas Market: Assessed the probable effects of regulatory
and structural reforms on the long-term evolution of the eastern Australian
gas market for a utility to support its long-term gas purchase contract
- Japanese Industrial Gas Sales: Evaluated the long-term potential
for natural gas penetration of the industrial energy market in Japan
for a leading oil company (with Booz Allen Hamilton).
Tariff-Setting, South Africa: Advised the Greater Johannesburg
Council on the establishment of a regulatory framework, including a
tariff-setting mechanism, for the local gas distribution company (with
Petroleum Gas (LPG)
Incentive Policies: On behalf of the World LP Gas Association, we prepared and updated several times a comprehensive study on government policies aimed
at promoting the use of autogas - LPG used a transport fuel. The objective of this study is
to compare current policies across these countries and to assess how
they affect autogas use market development. The last comprehensive update was carried out in 2014.
- Role of LPG in the global energy transition: We prepared a study a study of how LPG can contribute to the goal of the energy transition, inclduign reducing greenhosue-gas emissions and alleviating energy poverty.The report can be downloaded here.
- Biopropane: We were retained by the UK Department of Climate Change to carry out an evaluation of the feasibility of including biopropane - LPG derived from renewable feedstock - in the UK's renewable heat incentive subsidy scheme (in conjunction with Atlantic Consulting). Earlier, we prepared a study of the prospects for biopropane on behalf of the WLPGA.
- LPG and small-island developing states: In 2014, we prepared a special report on the role of LPG in meeting the energy needs of small-island developing states. The report can be downloaded from here.
- LPG in Colombia: We have been retained to advise the Colombian government on expanding the use of LPG in the country, notably in the transport sector.
- Autogas Taxation: On behalf of the Korean LPG Association,
assessed the likely impact of the Korean Government’s current
LPG-taxation policy on the evolution of the autogas market in Korea
and, drawing on international experience, assessed the case for reforming
that policy. The government accepted the findings of the report, presented
to a high-level conference in Seoul, and subsequently announced that
it would modify the taxation of transport fuels.
Gas and Sustainable Development: On behalf of the World Bank and
the World LP Gas Association, drafted a major report on the current
and potential contribution of LP Gas in meeting sustainable development
goals, focusing on the environmental and social benefits of LP Gas and
policy issues in promoting its use in the household sector in developing
LP Gas Market Development: Helped select pilot countries for the
joint United Nations Development Programme/WLPGA Rural LPG Challenge
initiative, aimed at promoting the development of LPG markets in developing
- LPG and Electricity Demand-Side Management: In 2014, we prepared an analyticsal report on how electricity can contribute to utility DSM activities. The report can be found here.
- Network rehabilitation project appraisal, Cuba: On behalf of
the OPEC Fund for International Development, carried out an economic, financial, environmental, social
and technical appraisal of a major project to rehabilitate and upgrade
the electricity distribution network in Havana.
- Electricity investment: On behalf of the OECD, analysed the long-term drivers of investment in the electricity sector, focusing on network infrastructure. The first stage of the project focused on demand prospects and the second on the implications for business models.
- Electricity Pricing in CIS countries: Retained by the Energy
Charter Secretariat to review electricity pricing polices in the CIS,
to identify inefficiencies and to propose pricing reforms.
Renewable and emerging
- Renewables policy effectiveness: We were retained by the United Nations Environment Programme (UNEP) to prepare a report summarising in non-technical language the results of recent UNEP-sponsored studies to assess global trends in the deployment of renewable energy technologies and the effectiveness of related government policies, including detailed analyses of Brazil and South Africa, and drawing out broad lessons on assessing such policies.
- IRENA Policy Brief: On behalf of the International Renewable Energy Agency (IRENA), prepared a policy brief on the economic impacts of renewable energy sources.
- Bio-propane: In 2014, we advised the UK Department of Energy and Climate Change on the feasibility andf modalities of including bioproane in the non-domestic renewable heat incetnive programme. Previously, we prepared a detailed report on the prospects for bio-propane supply and the threats and opportunities for the LP Gas industry.
- Biofuels outlook: We led the analysis of the long-term prospects for global bioenergy markets for the IEA's WEO-2006. The results were presented in a special chapter of the Outlook.
- Hydrogen Economy: On behalf of UNEP, prepared a publication that sets out, in non-technical language, the main issues surrounding
the transition to a global energy system based on hydrogen. The document was released in early 2006.
Climate change policy
- MCA4climate: Assisted UNEP in prepaing a final report on this major climate policy initiative, aimed at providing guidance to policymakers on evaluating climate policy options. Please click here to download a free copy of the report.
- Carbon abatement costs: Estimated the costs of actual carbon abatament measures in terms of effective carbon prices in Chile, as part of a major project for the OECD (to be published in 2012).
- Fossil-energy subsidies: As part of the OECD's ongoing work on energy subsidies, prepared profiles of government support to fossil fuels for around 20 member countries (published in 2011 and updated in 2012). Also responsible for preparing the special chapter on fossil-fuel subsidies in the IEA's 2014 World Energy Outlook.
- Energy subdidies: On behalf of the UNFCCC, prepared a report on the status of energy subsidies worldwide.
- Guidelines for energy subsidy reform: Assisted UNECE in drawing
up policy guidelines on reforming energy subsidies in the transition
economies, which were presented to a Ministerial meeting in 2003.
- Energy subsidy reform: Prepared a special analysis of global fossil-fuel subsidies and reforms for the 2014 edition of the IEA's World Energy OutlookPreviously, assessed the potential economic, environmental
and social impact of reforming energy subsidies and presented the findings
at regional on behalf of the IEA and UNEP, and drafted the Synthesis
Report that was submitted to the 2001 UN-CSD Meeting in New York. Also
prepared for UNEP a non-technical
summary published in May 2002 and a comprehensive
report published in March 2004. We prepared an update of the report in 2008.
Energy and environmental projections
- IEA World Energy Outlook: Between 2000 and 2007 and from 2011 to 2014, advised on the preparation of projections
and drafted key several key sections of this flagship report of the International Energy Agency (IEA). The report is the leading
source of projections of global energy demand, production, trade and
energy-related emissions worldwide.
- OECD Environmental Outlook 2007: Drafted the energy chapter of this major study, summarising projections of energy consumption and the implications for greenhouse-gas emissions.
Focus on unconventional gas
products & services
Menecon Consulting has been active in recent years in studying the impact of and prospects for unconventional gas developments around the world and in advising on the implications for government policy and regulation.
We played an important role in preparing two recent major reports for the International Energy Agency:
• The 2012 report, Golden Rules for a Golden Age of Gas, which looks at what is required to enable unconventional gas to fulfill its potential to meet much of the growth in global demand for natrual gas over the coming decades. A free copy of the report and related documents can be downloaded from the WEO wesbite.
• The 2011 report, Are We Entering a Golden Age of Gas?, which looks at the prospects for gas generally - and unconventional gas in particular - to meet rising energy demand around the world. For a free copy of the report, please click here.
We have also been advising IPIECA on the enviornmental, economic and social implications of unconventional gas production.
On the fringes of the ICIS 7th World Olefins Conference in Brussels on 29 February 2012, Trevor Morgan, Menecon Consulting Managing Director, gave an interview in which he discussed the prospects for shale gas. To watch the interview, please click here>. To view Trevor's presentation, please click here.