We look forward to delving into the following panel discussions:
Oil & Gas: Rebounding from Rock Bottom: Short-Term and Long-Term Strategies
Over the past three years, the Oil and Gas industry has been coping with a sustained low price environment that has caused uncertainty and change. Recently, the crude oil price has stabilized around a more sustainable level, and this is the right time for companies to begin thinking of their strategies for the future. How are companies ensuring they are successful in the current environment? How are they managing long term risk in the event prices fall again? How are they positioning themselves to ensure they are prepared to take advantage of future higher prices? This panel will explore all of these questions and more.
- Gregg Byers, Managing Director, PwC Corporate Finance LLC
- Dr. Roy Carter, Senior Business Advisor, Chevron Corporation
- Paul Luce, Vice President, Partners Group
- Joe Quoyeser, Senior Expert, McKinsey
- Eric Siebert, Vice President Corporate Strategy, Energy Recovery
- Moderated by Manas Satapathy, Managing Director, Accenture Strategy
Policy: Regulation in an Era of Political Uncertainty
The recent United States election has ushered in a period of energy regulation in an age of political uncertainty. With potential changes ranging from overturning of EPA endangerment findings to U.S. withdrawal from the Paris Agreement, the coming years hold significant potential to alter both the domestic energy markets and their interaction with global markets. This panel will consider likely and possible changes to the current energy policy framework under the new administration and what implications those changes might hold for companies operating in the Oil & Gas and Renewables industries.
- Bob Dold, Former U.S. Representative for the 10th District of Illinois
- Mark Templeton, Assistant Clinical Professor of Law and Director of the Abrams Environmental Law Clinic, University of Chicago Law School
- Moderated by Sam Ori, Executive Director, Energy Policy Institute at the University of Chicago (EPIC)
Renewables: Energy Investments in a Changing LandscapeThe renewables industry is at a crossroads; 2016 saw renewable sources account for over 66% of utility scale capacity added in the United States (EIA, 2017), yet global renewable investment fell to $287.5bn, 18% lower than 2015. Potential headwinds limiting renewable penetration include cheap fossil fuels, potential reduction in financial subsidies, the intermittency of renewables, and grid/storage shortcomings. Despite these factors, technological innovation is rapidly reducing component costs and improving feasibility of renewable applications, while corporates and state regulators are mandating larger amounts of renewable sourced energy. This panel will explore (i) the attainable level of renewable generation for a developed economy like the United States, both in the near term and over the long term, and (ii) the financing and technological challenges facing developers, investors, and corporates seeking to bring more renewables on to the grid.
- Digaunto Chatterjee, Vice President, GE Energy Financial Services
- Mark Frigo, Vice President, Head of Energy Storage in North America, E.On
- Jack Godshall, Vice President of Origination, Invenergy
- Andrew Young, CEO, Innogy US
- Moderated by Ari Pribadi, Managing Director, Marathon Capital
Transportation: An Autonomous Future and Its Implication on Energy Consumption
The transportation sector, accounting for ~30% of US energy consumption, is poised to change more in the next five to ten years than it has in the last fifty. Autonomous driving technology is the key driving force behind the change. Uber launched its first fleet of self-driving vehicles in Pittsburgh last August. All Tesla vehicles produced today have the hardware needed for full self-driving capability. Intel acquired Mobileye, a leader in computer vision for autonomous driving technology, for $15.3 billion last month. Together with new ride-sharing business models, autonomous vehicles will very likely increase vehicle utilization rate and lead the world to a low carbon future. This panel will discuss the implications of autonomous vehicles on energy consumption from technology, business, academic research and policy perspectives.
- Connie Capone, CFO, Geodigital
- Richard Cross, Senior Software Engineer, HERE
- Tom Stephens, Principal Transportation Systems Analyst, Argonne
- Moderated by Jamie Ponce, Director of Innovation, Environmental Law & Policy Center
Utilities & Smart Grid: Identifying New Investment Opportunities and Technologies amidst a Changing Revenue Model
Several factors over the past decade have upended the electric utility financial and risk profile. These include the increase of distributed generation, the shift in fuel economics, and a variety of regulations. In 2012, bidirectional smart meters, known as advanced metering infrastructure (AMI), surpassed unidirectional smart meters. Between 2007 and 2015 alone, AMIs grew from 2.4 million to 64.7 million units, and have not slowed in their pace of deployment. In the face of these changes, utilities, developers, and private capital have been motivated to make radical changes to the technology infrastructure and economic model around electricity supply and grid reliability. Smart grid technology, demand response, peak load pricing, and a variety of distributed energy technologies are being implemented to ease disruptions to the 20th Century model of traditionally regulated industries. Identifying how to leverage the newly interconnected smart grid technology is crucial to better understanding the shifting economics of electricity generation, transmission, and demand.
- Manuel Avendano, Key Manager of Emerging Technology, ComEd
- Mike Edmonds, President, S&C
- John Rankin, Senior Manager, Southern California Edison
- Moderated by Bill Abolt, Vice President, AECOM