May 2nd, 2014 | The University Club, Chicago
Thank you to our generous sponsors, including Exelon, BP, Energy Foundry, Marathon Capital, Chevron and the University of Chicago Booth School of Business. If you are interested in becoming a corporate sponsor, please contact the organizers for more information.
The past year has been a dynamic one for US energy markets. US oil and gas markets boomed, solar expanded rapidly as wind grappled with waning tax credits, and the power sector continued to see coal’s market share decline at the expense of gas. Join us for Chicago Booth’s Energy Forward 2014 conference as we examine the trends and opportunities that are defining the energy markets this year and beyond.
You’ll gain insights from industry leaders, network with investors and practitioners, and plant yourself firmly in the center of Chicago’s energy community. Topics and questions addressed will include: the outlook for US oil markets and upstream activity, US energy exports, outlook for the US power sector, venture capital and private equity activity in energy, and innovative new energy business models.
Friday, May 2, 2014
(Final schedule may change)
- Check-in: 10:15 AM – 11:45 AM
- Panel Session 1: 10:30 AM – 11: 30 AM
- Lunch and Keynote: 11:30 – 12:30 PM
- Panel Session 2: 12:45 – 1:45 PM
- Keynote: 2:00 – 2:45 PM
- Panel Session 3: 3:00 – 4:00 PM
- Keynote: 4:15 - 5:00 PM
- Rip Zinsmeister, Chief Operating Officer for Mergers & Acquisitions, BP PLC
- Cocktail Reception and Networking: 5:00 – 7:00 PM
Conference to be held at the University Club, downtown Chicago. See the Location page for more information and logistics.
We are proud to welcome numerous distinguished speakers at this year’s Energy Forward conference. The opening keynote will be given by George Bilicic from Lazard. He will speak on trends across energy and power markets.
- Mr. Bilicic heads the Firm’s Midwest investment banking business and global efforts in power, energy and infrastructure. In addition, he serves as a member of the Firm’s Investment Banking Committee and Deputy Chairman Committee. Other than his time at KKR (for several months in 2008), Mr. Bilicic has been at Lazard since March 2002. Most recently, Mr. Bilicic has advised on the following matters, among others (client in parentheses): proposed sale of UNS Energy to Fortis (UNS Energy), strategic advisory in respect of First Solar (First Solar), sale of NV Energy to MidAmerican (NV Energy), sale of Ameren Energy Resources to Dynegy (Dynegy), strategic advisory in respect of Long Island Electric T&D System (New York State), sale of Equitable Gas and asset exchange with SteelRiver (EQT), sale of CH Energy to Fortis (CH Energy), sale of stake in Vespucio Norte Express to Brookfield (HOCHTIEF), Dynegy restructuring and strategic advisory (Dynegy), merger of Exelon and Constellation Energy (EDF), sale of Central Vermont Public Service to Gaz Métro (Central Vermont Public Service), sale of Landys + Gyr to Toshiba (Landys + Gyr), merger of Progress Energy and Duke Energy (Progress Energy), merger of Northeast Utilities and NSTAR (Northeast Utilities), Solyndra restructuring (U.S. Department of Energy), potential sale of PGW (City of Philadelphia), resolution of joint venture and related matters between EDF and Constellation Energy (EDF), sale of the trading business of RBS/Sempra (RBS and Sempra), exchange offer by Exelon for NRG (Exelon), leveraged buy-out of TXU led by KKR and TPG (TXU), Duke Energy spin-off transaction (Duke), National Grid acquisition of KeySpan (KeySpan), PlaNYC (City of New York), Duke Energy merger with Cinergy (Duke) and various alternative energy financings.From May 2008 to October 2008, Mr. Bilicic served as a Managing Director and Head of Infrastructure at KKR. At KKR, Mr. Bilicic was responsible for initiating and leading KKR’s global infrastructure investing efforts and contributing to other areas, especially alternative energy and power. Previously, Mr. Bilicic had been a Partner in the law firm of Cravath, Swaine & Moore from 1995. Mr. Bilicic left the Cravath partnership, effective January 2001, to begin his investment banking career at Merrill Lynch where he was a Managing Director in the Mergers & Acquisitions Department focused on power and energy clients.
- Mr. Zinsmeister is BP PLC’s Chief Operating Officer for Mergers & Acquisitions with global coverage for Corporate, Refining and Marketing, and Alternative Energy. Rip has over 30 years’ experience in the Energy sector, the last 18 of which have been in M&A. He leads BP’s London M&A team who are responsible for delivering roughly half of BP’s $5-10 Billion annual M&A volume. Rip has managed transactions in all of BP’s principal businesses and deal types, including venture cap, joint venture formation and dissolution, public offerings, and the more typical private transactions. Rip’s notable transaction include the sale of BP’s petrochemical company, Innovene, in 2005 for $9 billion, the sales of the Texas City and Carson refineries in 2013 for $5 billion, and the largest sale in BP’s history, the sale of BP’s Russian oil business for $28 billion in 2013 to Rosneft and the contemporaneous acquisition of 18.75% of Rosneft equity by BP. Prior to his tenure in M&A, Rip was an Engineering Manager and CFO of Amoco’s E&P division in Denver Colorado.
Please see the Panels section below for breakout session speakers, including panelists from the following companies:
Anadarko Petroleum, A.T. Kearney, Baker Hughes, Barclays, BTG Pactual, Cheniere Energy, Chicago Council on Global Affairs, EQT Midstream Partners, Exelon, Folsom Labs, Freepoint Commodities, Integrys Energy, Invenergy, Marathon Capital, McKinsey, SoCore Energy, and True North Venture Partners
Past participants include speakers from Tudor Pickering & Holt, First Wind, Exelon, Marathon Capital, Anadarko, Statoil, Pemex, Invenergy, SunEdison, BASF, ANCAP, DTE, FMC Technologies, Nuclear Regulatory Commission, ICF International, Edison Mission Energy, HEVT, Clean Urban Energy, True North Venture Partners, Energy Foundry, Phoenician Resources, McNally Capital, Partners Group, Irradia Energia, Wells Fargo, Bank of America Merrill Lynch, McKinsey, Bain, BCG, A.T. Kearney, Deloitte, Ungaretti & Harris and Akin Gump.
There will be four breakout panels, concentrating in the following areas:
Fundamental changes upstream pose particular challenges to existing pipeline infrastructure and have impacted the way in which supply has traditionally flowed to end user markets. This panel will explore recent trends in midstream development and focus on the particular challenges mid-marketers and traders are experiencing in bringing natural gas supplies to market. Beginning with a fundamentals based view, discussion will cover supply and demand side responses, market liquidity, asset contracting, and long term sector outlook.
- Bill Griffith, VP of Marketing & Origination, North American Gas and Power, BP
- Mark McConnell, Director, Business Development, EQT Midstream Partners
- Jeff Shaw, Natural Gas Origination, BTG Pactual Commodities
- Jennifer Cogburn, VP, Freepoint Commodities
- Keith Little, VP, Project Development, Cheniere Energy
Shale oil and gas production has changed the US E&P landscape. But how sustainable is this “game-changer?” Can the short lifespan of a typical shale well be cured to escape the Red Queen effect? How is new technology affecting the business? Will Europe be able to develop its shale reserves in the near future? How are small-scale entrepreneurs attaining success in the shale boom? The panel will focus on the current state of shale oil and gas production, the durability of the industry, and the frontiers beyond.
- Moderated by Dr. Rachel Bronson, Senior Fellow for Global Energy at the Chicago Council on Global Affairs
- James King, VP Unconventionals, Baker Hughes
- Robert Beck, International Gas Commercialization, Anadarko
- Michael Cohen, VP, Lead Oil Analyst, Barclays Commodities Research
- Vance Scott, Partner, A.T. Kearney
This panel will focus on challenges and strategies for investing in renewable energy, with an emphasis on new business models and technologies that reduce barriers to investing in innovative ways. Potential topics include securitization, crowd-funding, venture capital, yield-cos, tax equity issues, and MLP/REITs.
- Moderated by Ari Pribadi, Director, Marathon Capital
- Rob Scheuermann, CFO, SoCore Energy
- Paul Gibbs, CEO, Folsom Labs
- Steven Kloos, True North Venture Partners
Developments in renewable energy technologies, a sea change in market economics due to shale gas, and evolving regulatory policies have combined forces to create an unprecedented period of change in electricity markets. This panel will discuss the changes needed to integrate intermittent resources into a reliable grid, the market potential for complementary technologies such as battery storage, the role that energy policy at the state and federal plays in determining the future of electricity markets, and the effect these policies have on electricity prices for end-use customers.
- Moderated by Anton Derkach, Principal, McKinsey & Co.
- Kris Zadlo, VP, Regulatory Affairs and Transmission, Invenergy
- Ishaan Kapoor, Manager, Corporate Strategy, Exelon
- Edmond Young, Senior Associate, Marathon Capital
- Melissa Lauderdale, President of RESA and Director of Government and Regulatory Affairs at Integrys Energy Services
For more information, please contact the organizers by emailing email@example.com