Energy Industry is profoundly complex and interrelated – it is not just a problematic engineering challenge but a multi-dimensional social, political, environmental, and economic problem with mutual dependencies. Energy is critical to this civilization. It raises questions on using natural sciences, social science, resource management, and economics to solve some of our planet's most pressing concerns, from climate change to food security. Energy encompasses crude oil, refined products like gasoline and diesel, power, coal, natural gas, nuclear, and renewable energy sources. And it also includes the business of energy from an operational standpoint. Examining the future of energy and energy technologies are essential. Changes that are coming will have significant implications for corporations, industries, and entire economies. The future dynamics of the oil and gas supply will change. And these changes are likely to succeed the changes of recent years that we have seen during the so-called shale revolution.
Oil demand and natural gas demand are likely to rise sharply in the decade ahead, with China, India, emerging Asia, and other emerging markets at the epicenter of the surge in demand growth. Meanwhile, the most significant sources of additional marginal supply for oil and natural gas are set to come from the United States, which has historically been a significant net importer of hydrocarbons. This situation is a substantial change with the economy, supply chain, and even national security ramifications. The push against CO2 emissions and a push toward clean energy are likely to force a policy move away from coal across economies.This training course will critically examine future energy trends and highlight energy technologies options, opportunities, and risks.
By the end of this Energy Training Centre training course, the participants will be able to:
- Understand the future trends of the Energy industry.
- Be aware of Climate Change and the threat to food security.
- Analyze the various options, opportunities, and risks in each trend.
- Determine Green hydrogen currently produced from electrolysis is a high-cost option; explore the possibilities of reducing the cost with innovative technologies.
- Design to rectify the current limitations and provide flexible and high-density power.
- Identify to produce a secure, resilient, and decarbonized energy system.
This training course on the Future of Energy – Options, Opportunities, and Risks will utilize various proven adult learning techniques that ensure maximum understanding, comprehension, and retention of the information presented. The daily workshops will be highly interactive and participative. This Energy Training Center course combines PowerPoint presentation with interactive practical exercises, supported by videos, group discussion activities, and business case studies.
By sending the employees to this training course, the organization will gain a broader range of skills that participants gain and apply in their workspace to benefit their respective companies directly.
- It offers a broader management perspective of the global energy business
- Highlights the success factors in each category of several business models
- Defines how innovations in energy technologies help drive job growth and economic growth and improve living standards worldwide.
- Clarifies how we can achieve these goals while delivering value to shareholders.
- Inculcates the corporate culture of effectively dealing with the core issues, tactics, and essential concepts of successfully running the energy business.
Each participant will enhance the Energy Industry's technical knowledge and business skills to benefit his/her career growth directly.
- Master the core competencies of the current and future energy technologies.
- Analyze the various options, opportunities, and risks in each trend
- Sharpen the business skills by learning those techniques that improve capital productivity, return on investment, and operational excellence.
- Understand the value chain optimization in Energy Industry and apply it at the workplace to enhance shareholders' value.
- Be fully cognizant of success factors of the Energy Industry's different categories – oil & gas Companies, Refining & Petrochemical Companies, and Renewables their relative strengths and weaknesses.
This training course is suitable for a wide range of professionals but will greatly benefit:
- Business Development Professionals in Energy Industry
- Corporate Planners, Investment Analysts, Oil & Gas Directors would appreciate the gist of a comprehensive energy study program.
- More senior Oil & Gas executives are intrigued by the various clean energy concepts and utilize their resources to produce Hydrogen and move forward with the Energy Industry transformation.
- To fully understand the future technologies, Geologists, Engineers, Financial Analysts, Accountants, Lawyers, IT technicians, and Managers in the Oil & Gas energy sector
- This must include Project managers, Engineers, Supply Planners & Scheduling Professionals, Traders, and Sales Personnel.
- As the industry transforms, Auditing personnel, Compliance officers, Equity analyst and Bankers, Joint Venture officers, Negotiators, and Contracting professionals
DAY ONE: THE ENERGY INDUSTRY AND ITS IMPACT
- Overview of this Course
- Energy and Technology – The Critical Element of Corporate Success
- Convention and Unconventional Oil & Gas, and LNG Industry
- The problem of Climate Change
- What is Global Warming?
- The Clean Air Act
- The Detrimental Impacts
- The Food Security of the World
DAY TWO: THE TRANSFORMING ENERGY FUTURE
- The Future of Oil Supply Dynamics
- The Future of Natural Gas Supply Dynamics
- The Future of Natural Gas Demand Dynamics
- The Future of Energy Mix
- The Future of Oil Demand Dynamics
- What is fossil fuels' future?
- Energy Demand-Side Technologies
- Energy Supply-Side Technologies
DAY FOUR: HUGE ENERGY IS NEEDED
- Nuclear Energy – Fission, Fusion, or Modular
- What works and does not work?
- Benefits and costs
- Recent Accidents and Challenges
- Where do different counties and regions stand?
- Is the Future of Cars All-Electric?
- The possible Scenarios
- The three futures of Flight
- Aviation – smaller and spread out?
DAY FIVE: THINKING OUTSIDE THE BOX
- The Carbon footprint of Space Travel
- The four 'C's of the energy transition
- Fifth-generation heat
- Does Covid-19 change everything?
- Cities Planning
- Will future energy still come in vanilla?
- Resilience needs to be built into Systems.
- How will energy look in 2031-2040?
- Black (or green) swans in technology