Understanding the Future of Energy

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 GLOMACS 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 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