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SIPES Luncheon: March 18, 2021 @ 11:30 AM
March 18 @ 11:30 am - 1:00 pm CDTFree – $60
The Society of Independent Professional Earth Scientists (SIPES), Houston
The Texas Deep Freeze of February 2021: What Happened and Lessons Learned
Date: Thursday, March 18, 2021
Time: 11:30 am to 1:30 pm
Season Pass Holders: $0
In-Person Cost For Early Birds (register before 12 noon on Tuesday, March 23, 2021) :
In-Person for Members: $40
In-Person for Non-Members: $50
In-Person Cost For Late Registration and Walk Ups :
In-Person for Members: $50
In-Person for Non-Members: $60
For membership, go to – https://sipeshouston.org/product/annual-dues-2021/
The recent cold weather event had a severe impact on the Texas energy system, exposing fragilities that have structural roots that date back over a decade. Notably, the market itself is not at issue; rather, a lack of sufficient mechanisms to ensure resilience under high stress is. This talk will address what happened, why it happened, and what can be learned from it.
Kenneth B Medlock III:
Kenneth B. Medlock III, Ph.D. is the James A. Baker, III, and Susan G. Baker Fellow in Energy and Resource Economics at the Baker Institute and the senior director of the Center for Energy Studies. He is also the director of the Masters of Energy Economics program, holds adjunct professor appointments in the Department of Economics and the Department of Civil and Environmental Engineering, and is the chair of the faculty advisory board at the Energy and Environment Initiative at Rice University. Medlock is also a Distinguished Fellow at the Institute of Energy Economics, Japan, holds a fellowship at King Abdullah Petroleum Studies and Research Center and is a member of the Advisory Board of the Payne Institute at Colorado School of Mines. In 2012-2013, Medlock held the prestigious Haydn Williams Fellowship at Curtin University in Perth, Australia. He teaches advanced courses in energy economics and supervises Ph.D. students in the energy economics field. Medlock is a principal in the development of the Rice World Natural Gas Trade Model, which is aimed at assessing the future of international natural gas trade. He has published numerous scholarly articles in his primary areas of interest: natural gas markets, energy commodity price relationships, gasoline markets, transportation, national oil company behavior, economic development and energy demand, and energy use and the environment. He has testified multiple times on Capitol Hill on U.S. oil and natural gas exports, has spoken at OPEC, and is frequently asked to speak about global and domestic energy issues.
Medlock is the past vice president for conferences for the United States Association for Energy Economics (USAEE), and previously served as vice president for academic affairs. In 2001, he won (joint with Ron Soligo) the International Association for Energy Economics Award for Best Paper of the Year in the Energy Journal. In 2011, he was given the USAEE’s Senior Fellow Award, and in 2013 he accepted on behalf of the Center for Energy Studies the USAEE’s Adelman-Frankel Award. In 2019, Medlock was awarded the Lifetime Achievement Award for the Advancement of the Education of Future Energy Leaders by the Abdullah Bin Hamad Al-Attiyah Foundation. He is also an active member of the American Economic Association and is an academic member of the National Petroleum Council. Medlock has served as an advisor to the U.S. Department of Energy and the California Energy Commission in their respective energy modeling efforts.
Medlock received his Ph.D. in economics from Rice University in May 2000.
- Nov. 2020 – The Ask Assaad Show – Energy Transition and Regional Comparative Advantage
- Oct. 29, 2020 – ONS Energy Talks – Biden vs. Trump: Consequences for Energy Markets?
- April 28, 2020 – ONS Energy Talks – Pandemic, Uncertainty and Turmoil: Energy in 2020
Recent Research and Publications
- 02/22/2021 – Grids and Renewables
- 02/09/2021 – COVID-19 and the Value of Safe Transport
- 02/09/2021 – Grids and renewables
- 01/31/2021 – Price elasticity of demand for fuels by income level in Mexican households
- 01/27/2021 – Carbon Capture in Texas
- 01/22/2021 – Prioritize Engineered & Natural Solutions for Effective GHG Mitigation
- 01/20/2021 – Climate Policy in 2021: An Opportunity for Bipartisan Action
- 01/14/2021 – Time to Update America’s Energy Security Programs
- 11/02/2020 – BCarbon: A New Soil Carbon Storage Standard
- 10/26/2020 – “Green LNG” – A Pathway For Natural Gas In An ESG Future?