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Publisher's Note
Richard Loomis
Publisher
World Energy® Magazine
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Current Trends and Issues: Renewable Energy
by Tony Hayward
Group Chief Executive
BP
An exponential rise in energy demand, boosted by population and economic growth, has magnified concerns about climate change and energy security. The author asserts that both need to be addressed together through a sound alternative energy strategy that requires, among other steps, investment in clean technologies from governments and the energy industry worldwide.
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The Future of Global Energy
by Abdallah S. Jum’ah
President and CEO
Saudi Aramco
In addressing the world’s rising energy demands, notes the author, three issues are at the forefront of supply security: alternative energy sources, environmental protection and increased demand from China and India. Each issue is discussed from a Saudi Arabian perspective, with an eye toward continued cooperation among nations and policymakers worldwide.
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Commitment Beyond National Level Is Needed to Increase Energy Options
by Samuel Wright Bodman
U.S. Secretary of Energy
To meet the nation’s energy needs, the United States requires a national focus on increasing energy options. In addition, collaboration with states, municipalities and the private sector is mandatory, according to the author, if advancements are going to be made.
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Partnerships Are Key to Natural Gas Development Worldwide
by James Blackwell
President, Chevron Asia Pacific Exploration and Production
Chevron Corporation
Effective partnerships are crucial to the challenges of developing the world’s natural gas resources. The author describes the importance of partnerships both to business and to those who depend on natural gas worldwide, and he outlines the three principles that are necessary for successful partnerships.
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Improved Remote Technology Increases Offshore Momentum
by André Goedée
CEO
Dockwise Transport N.V.
Oil production is occurring in deeper water and more remote locations, requiring the use of technology and equipment particular to the environment. The author writes of a newly improved technology in maritime heavy transport – float-over deck installation by self-propelled vessels – that can lead to significant time and cost savings for operators.
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The Tide of Change in Louisiana
by Don G. Briggs
President
Louisiana Oil and Gas Association
Louisiana is the largest oil producer in the United States and is an important cog in the nation’s energy program. Led by a young, dynamic governor, the state is in the midst of major policy shifts. A top Louisiana oil executive looks at this time of great change and what it means for the nation.
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Developing the Waves of the Future: How a Tiny Nation Became a Pioneer in Marine Energy
by Brian Nixon
Director of Energy
Scottish Enterprise
Scotland’s wave and wind research history dates back to the late nineteenth century, long before renewable energy was on the agenda of governments or the energy industry. The author focuses in particular on the country’s recent strides in researching, developing and utilizing marine energy and its response to today’s global and domestic energy challenges.
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The Customer-Focused Utility
by Bob Brnilovich
Partner, Global Business Services
IBM
As customers become more utility-savvy, they will increasingly demand a higher level of involvement with their energy supplier. Meeting those needs, says the author, can manifest in the form of a more sophisticated home/grid relationship, “smart” metering, real-time usage analysis and many other innovations.
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Cap and Trade: Helping Big Government Get Bigger
by Alex Mills
President
Texas Alliance of Energy Producers
U.S. politicians have embraced the cap and trade system as one way to resolve issues of global warming. But this program is not without its drawbacks. The author points to Europe as an example of cap and trade’s bumpy ride for companies and consumers. What’s more, some analysts maintain this system would add cost to production, increase price volatility and even threaten U.S. economic growth.
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Delivering America’s Energy Security
by Clarence P. Cazalot Jr.
President and CEO
Marathon Oil Corporation
One of the most serious and defining issues of our time is how to ensure America’s energy security. The author presents what he considers the three major components of a viable national energy strategy – efficiency, diversity and technology – along with some examples of what the oil and gas industry is doing to address these items.
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The Real Reasons Energy Prices Are High, and What We Can Do
Jeff Bingaman
Chair, Committee on Energy and Natural Resources
U.S. Senate
Proposals to open more federal lands to lease sales will do nothing to bring more domestic oil to market or lower the price of oil or gasoline, contends Sen. Bingaman. The senator instead suggests that companies develop the vast acreages they have already leased, and that the government takes measures to curb speculation in the oil markets and raise the value of the dollar by reducing the federal debt.
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Managing Energy and Carbon: Part of the Blueprint for a Secure Future
by Greg Lewin
President
Shell Global Solutions International BV
Improving energy efficiency and reducing carbon dioxide emissions are not just environmentally sound practices, they also can bring a company significant financial benefits. The author describes the cost savings and explains how the financial, environmental and efficiency goals can be achieved.
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Another Nail in the Coffin of the Case Against Peak Oil
by Matthew R. Simmons
Chairman and CEO
Simmons & Company International
As world demand for petroleum continues to grow, says the author, one glaring fact remains: Norway, the United Kingdom, the United States and Mexico – as well as Saudi Arabia – have all passed the peak-oil stage. In the face of peak-oil doubters, erratic oil stock data and confused reserves reporting, nations must face the facts of decline and realize that there is no single solution for what promises to be an ongoing issue.
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Opportunities in Solar Power
by Thomas Seitz, Director
Peter Lorenz, Associate Principal
Dickon Pinner, Partner
and Joel Conkling, Associate
McKinsey & Company
Solar power is an industry still in its infancy, but one with a bright future. The authors note that over the past two decades, the cost of manufacturing a photovoltaic solar power system has decreased while the cost of electricity from traditional sources has risen. And while evolving technologies, including concentrated solar power, hold potential for large-scale generation, the ultimate success of this source lies in its ability to keep driving down the cost of power.
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Next-Generation IOC: The International Energy Company
by Lane E. Sloan
Director, Strategic Energy Alliance
University of Houston
and Christopher E. H. Ross
Leader, Houston Petroleum Practice
CRA International
Out with the old, in with the new. The traditional international oil company (IOC) is on the verge of transforming into a new breed: the international energy company (IEC). The authors say that IECs will be better equipped to deal with energy networks, a change from the more vertically oriented IOC system.
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Brazil in the Global Renewable Energy Context
by Keith Meyer
Chairman and CEO
Sunthenoil LLC
In the United States, ethanol proponents have advocated corn as the fuel’s feedstock. But south of the equator, Brazil is realizing robust economic and environmental benefits using abundant sugarcane instead. The author assesses Brazil’s sugarcane industry, which currently uses only 1 percent of the nation’s arable land, but produces nearly half of Brazil’s automotive fuel requirements.
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Are Unilateral Climate Change Policies Creating the "Perfect Storm"?
by Richard O. Faulk, Partner, Environmental, Government Affairs
and John S. Gray, Partner, Environmental, Government Affairs
Gardere Wynne Sewell LLP
Energy, environment and the economy are inextricably intertwined. So when unilateral legislative extremes occur – such as “green” regulatory directives – the impact can be far-reaching. The authors dissect some of the current environmental policies that, among other effects, may place unfair burdens on American businesses and taxpayers.
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Rising to the Challenge − and Seizing the Opportunities
by David J. Abood
Global Lead, Climate Change Practice
Accenture
Accenture, a Fortune Global 500 consulting group, presents its two-phase survey results on the topic of climate change. The author shows how consumers expect their energy providers to handle climate change and how senior executives view the problem. Companies that encourage innovation will take the lead on the road to a low-carbon economy.
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