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Steve Pye

Associate Professor in Energy Systems, UCL
Steve Pye is a Principal Research Associate in energy systems at the UCL Energy Institute, with over 10 years’ experience in the provision of climate and energy-related research and consultancy, particularly through the development and application of MARKAL/TIMES energy system models. His current research interests include exploration of low carbon transitions in the UK, focusing on exploring, characterising and communicating system uncertainty, using both the UKTM and ESME models, and assessing issues of equity under different transitions.

Steve has been involved in numerous modelling studies exploring long term energy pathways for UK Government and associated UK bodies, such as the UK Committee on Climate Change (CCC). This includes provision of MARKAL modelling for the 2006 Energy Review, 2007 Energy White Paper and 2008 Climate Change Act Impact Assessment. He has also been involved in building a range of models, including the UK MARKAL model, and the UK TIMES model. Prior to joining UCL, Steve gained extensive international energy modelling experience. Between 2009 and 2012, he worked on a range of large scale projects for USAID in the Balkan region, Asian Development Bank (ADB) in Pakistan and US DOE in the USA. All projects have focused on MARKAL/TIMES model development and analysis of long term sustainable energy pathways, with strong capacity building aspects.

Future of Russian gas looking bleak as Ukraine turns off taps and Europe eyes ending all imports

Jan 14, 2025 05:57 am UTC| Insights & Views Politics

Russias contract for the transit of its gas across Ukraine expired on December 31 last year and Kyiv refused to consider a new deal. Ukraines decision was supported by the European Commission, even though the lost imports...

The world no longer needs fossil fuels – and the UK could lead the way in making them taboo

Jun 18, 2024 05:22 am UTC| Insights & Views Economy

North Sea oil and gas has become a battleground issue in the UK general election. The Labour partys manifesto promises an end to issuing new licenses for finding oil and gas. The Conservative party meanwhile proposes a...

COP28 president is wrong – science clearly shows fossil fuels must go (and fast)

Dec 05, 2023 05:40 am UTC| Science

According to the president of COP28, the latest round of UN climate negotiations in the United Arab Emirates, there is no science indicating that phasing out fossil fuels is necessary to restrict global heating to...

France used 10% less electricity last winter – three valuable lessons in fighting climate change

Sep 19, 2023 00:45 am UTC| Economy

Measures which help people use less energy at home, while travelling or at work could significantly cut greenhouse gas emissions according to the UNs Intergovernmental Panel on Climate Change. When there is less demand for...

Economy

UK Wage Growth Holds at 3.5% as Unemployment Rises

UK wage growth excluding bonuses remained at 3.5% in the second quarter of 2026, while unemployment increased, pointing to further signs of weakness in the countrys labor market, according to the latest data covering June...

European Stocks Slide as Iran War Escalation Sends Oil Higher

European stocks extended their decline on Tuesday, with major benchmarks falling to two-week lows as a sharp escalation in the Iran war rattled global financial markets. The pan-European STOXX Europe 600 fell 0.2%, marking...

Australian Consumer Sentiment Jumps 6% in August as Rate Outlook Improves

Australian consumer sentiment strengthened sharply in August, driven by improving household finances and greater confidence about the outlook for interest rates, according to the latest Westpac-Melbourne Institute survey....

Colombia Earthquake Losses Estimated at $9.58 Billion as Reconstruction Challenge Mounts

Economic losses from the powerful earthquake that struck Colombia last week could reach 30 trillion pesos ($9.58 billion), President Abelardo De La Espriella said Monday, highlighting the enormous financial toll of the...

US Eyes Refinery Boost as Trump Seeks Relief From High Gas Prices

U.S. Energy Secretary Chris Wright said Washington is preparing measures to help refiners increase fuel production as the Trump administration looks for ways to bring down gasoline prices following the U.S.-Israeli war on...

Politics

Philippines Confident in U.S. Defense Commitment Despite Middle East Redeployment

The Philippines does not expect a slowdown in military cooperation with the United States despite the redeployment of some American defense assets from the Indo-Pacific to the Middle East, a Philippine military official...

Gaza Zoo Struggles to Save Animals Amid War

Children visiting a zoo near Gazas Nuseirat refugee camp are greeted by a heartbreaking sight: lions, chimpanzees and other animals weakened by hunger, stress and years of conflict. Despite severe shortages of food,...

Trump Says Kim Jong Un Responded to Outreach After US Scales Back South Korea Military Drills

U.S. President Donald Trump said Monday that North Korean leader Kim Jong Un has responded to his recent outreach, signaling renewed communication between the two leaders as Washington moves to reduce joint military...

Trump Says Iran Should Surrender as Nuclear Deal Talks Stall

U.S. President Donald Trump said Monday that Iran is unlikely to accept the agreement he considers necessary to end the war with the United States, insisting Tehran must surrender and abandon any path toward developing a...

Gérald Darmanin Backs Édouard Philippe for 2027 French Presidential Election

French Justice Minister Gérald Darmanin has thrown his support behind former Prime Minister Édouard Philippe for Frances 2027 presidential election, ruling out a potential bid of his own as the countrys...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

BofA Sees Micron EPS Topping $230 by 2030, Backs Major Stock Upside

Bank of America expects Micron Technology (NASDAQ: MU) to deliver more than $230 in earnings per share by fiscal 2030, significantly above Wall Streets current peak estimates, as artificial intelligence demand reshapes the...

Anthropic Revenue Run Rate Hits $65 Billion as IPO Plans Accelerate

Anthropics annual revenue run rate surpassed $65 billion by the end of July, highlighting the artificial intelligence startups rapid expansion as it prepares for a potential initial public offering later this year. The...

Google to Buy Spirit Airlines Business Data for $10 Million to Train AI

Google, a subsidiary of Alphabet, has agreed to acquire internal business data from bankrupt Spirit Airlines for $10 million, with plans to use the information for product development and artificial intelligence training....

Alphabet Eyes First Australian Dollar Bond as AI Spending Drives Funding Push

Alphabet, the parent company of Google, is preparing for its first-ever Australian dollar bond issuance as the U.S. technology giant explores new funding sources amid rapidly rising artificial intelligence investment. The...

Alibaba Sells Lingxi Games for Over $1.5 Billion Amid AI Push

Alibaba Group is reportedly selling its gaming subsidiary Lingxi Games in a transaction that could value the Chinese video game studio at more than $1.5 billion, as the technology giant redirects resources toward...