Session Details
The Future of Energy Markets: Evolving at a New Pace
The turmoil caused by the various geopolitical events and the subsequent disruptions in the global energy markets has forced nations to reassess how — and how long — the evolution from fossil fuels to renewables will play out. Further adding to this uncertainty is the rise of interest rates and the stalling of EV adoption. Given these dynamics, there is growing confidence that traditional hydrocarbon-based fuels will still be a critical piece of the global energy mix as evidenced by the doubling down by western oil companies on hydrocarbon resource exploitation. In essence, the world will still need oil, but the real questions are how much and when the energy transition will resume its previous pace. Join us as we discuss the evolution of the energy markets & downstream market responses.
There are several forecasters that aim to anticipate what the future of the energy industry will look like. However, many of these views are created within a skewed mindset, a partial view of the world that assumes that all economies can implement changes in a similar fashion to what the US or Europe have done over the last few years. Join us in this fascinating presentation, as we flesh out using a realistic and robust approach the possibilities behind the evolution of energy to 2060, and its consequences for the chemicals supply chain.
After a decade of governmental incentives and low interest rates, the pace of EV adoption seemed unstoppable, but slowing economic growth and a higher interest rate environment have impacted the EV thesis. Is this simply a pause in the normal adoption s-curve, or has EV adoption plateaued? In this session, we assess the current environment and separate the adoption signal from the noise.
Speakers:
Joel Thigpen, General Manger Marine New Builds, Wärtsilä
Jan Hagen Anderson, Business Development Director Americas, DNV
Mike Nash, Vice President Syngas, Chemical Market Analytics by OPIS
Of all the forms of transportation, shipping is the most critical for the overseas movement of goods. We explore the most likely adoption of alternative fuels, such as methanol or ammonia; then, we discuss the challenges for the increased penetration of these alternative fuels.
Refiners have a difficult task. Today, they have to supply hydrocarbon-based fuels to the mobility sector. Tomorrow, they will still supply those same fuels to a shrinking sector, but will also need to supply growing demand from petrochemicals and aviation. Refiners need to invest today for flexible operations tomorrow. We explore these investments’ possible pathways and viability in future environments.
As the world progresses towards higher decarbonization levels, we witness a structural shift in the oil refining and petrochemicals (R&P) industry. Many old, less efficient assets are being shuttered while larger, integrated and more efficient R&P complexes are being developed. Brownfield refineries are starting to shift their production targets towards chemicals. New complexes offset traditional refined fuel imports and extend into petrochemicals for a higher quality of debt service. Join this presentation to learn how we can better leverage proven refining technologies to accelerate the shift toward chemicals. Learn how to leverage the UOP Six Efficiencies (E6) as a framework to improve the efficiency of your project while consuming less feedstock, producing less CO2 per tonne of light olefin and spending less cash to realize your petrochemical vision.
In developed markets today, over 3 billion people rely on Liquid Gas, including LPG, propane, butane, and dimethyl ether, and renewable Liquid Gas (rLG) to fuel thousands of applications from homes to industrial facilities, highways to oceans, and farms to commercial operations. The growing production of renewable Liquid Gas offers a pragmatic pathway to a decarbonized future that leverages an existing infrastructure that is already delivering essential energy to hard-to-decarbonize locations and applications. We’ll look at the efforts underway to grow renewable Liquid Gas product to help the fuel and chemical industries chart our future paths.
Even with the increased penetration of sustainable aviation fuel, the demand for hydrocarbon-based jet fuel will likely continue to grow. Join us as we discuss the trends in the aviation sector and how those trends will impact the demand for jet fuel, both fossil and sustainable versions.
In the quest for sustainable energy solutions, hydrogen has emerged as a potential game-changer. This presentation will delve into the realities and misconceptions surrounding hydrogen technology. We will explore its role in decarbonizing hard-to-abate industries, the necessary advancements in hydrogen production and storage technologies, and the economic feasibility of widespread adoption. By examining real-world applications and recent innovations, we'll separate the genuine opportunities from the overhyped promises, providing a clear-eyed assessment of hydrogen’s potential to drive a low-carbon future. Join us to discover whether hydrogen truly represents hope or mere hype.
Jan Anderson
Business Development Director DNV
Read BioCarlo Barrasa
Vice President, Energy Insights Team Lead Chemical Market Analytics by OPIS
Read BioSusan Bell
Sr. Vice President Downstream Rystad Energy
Read BioJaime Brito
Vice President, Refining and Oil Markets Chemical Market Analytics by OPIS
Read BioAdrian Calcaneo
Vice President, Energy & Feedstocks (NGL & Naphtha) Chemical Market Analytics by OPIS
Read BioKeith Couch
Senior Director, Business Development & Integrated Products Honeywell UOP
Read BioMike Nash
Vice President, Global Syngas Team Lead | Americas Acetyls Lead Chemical Market Analytics by OPIS
Read BioRommel Oates
Chairman & CEO Refinery Calc
Read BioCasey Selecman
Director of Powertrain Forecast AutoForecast Solutions LLC (AFS)
Read BioJenny Solomon
Vice President Portfolio Governance & Analysis Woodside Energy
Read BioJoel Thigpen
General Manager, Marine New Build Sales Wärtsilä
Read BioMichelle Young
Renewables Program Manager Chevron
Read BioCinch Munson
Business Development Director World Liquid Gas Association
Read Bio