Specialist
Founder & Lead Analyst at Thunder Said Energy
Agenda
- Notable global energy trends
- Transition from fossil fuels to alternatives and feasibility of a zero-carbon world
- Key decarbonisation players and technologies
- Energy outlook
Questions
1.
How large is the global energy market? How fast is it growing, and how much money is running around the system?
2.
Can you break down the different buckets of energy consumption across transportation, power, etc?
3.
Which emitting industries do you think represent the greatest opportunity for decarbonisation?
4.
Catalyst used in refining for liquid fuels is a massive market. Is this new wave of catalysts a step function, or just an increment to what we have had for a century since catalytic cracking started?
5.
Can you elaborate on the ability to reduce emissions within transportation, whether by fuel choice or new technologies? You alluded to IMO 2020, but there has also been the rise of EVs.
6.
Do you have a forecast for EV adoption volumes? The IEA [International Energy Agency] forecasted 44 million by 2030. Is that realistic, and how will this uptake play into global oil demand?
7.
For electric drones, can we pinpoint growth opportunities, our technological positioning and the impact of commercial implementation? From a consumer perspective, they are arguably overshadowed by EVs.
8.
What impact do you expect drones to have in the delivery and transportation market specifically? How long will it take for trials such as Amazon’s Virginia drone delivery to become more of a commercial reality?
9.
Can we explore other viable and impactful technologies? Having touched on catalysts and drones, how should we evaluate commercial uses for CO2?
10.
Do you view LNG [liquefied natural gas] as a bridge fuel, as some people have referred to it? I believe you have a relatively out-of-consensus call on LNG demand through 2030, to the upside.
11.
Last decade, Occidental and BP talked – when BP owned refineries in California and Occidental owned what is now California Resources – about taking CO2 from BP refineries and pumping it into the field. What has changed since that leads you to ascribe a technology readiness level [TRL] 7.5 to oxy combustion?
12.
Having discussed decarbonising gas, can you outline the opportunity in oil?
13.
Why do you think these players are still using methane gas for EOR instead of CO2? You alluded to EOG Resources’ pilots utilising CO2 in the Eagle Ford.
14.
You referenced your late-2016 report at Redburn, concurrent with tightening oil markets and a rising rig count. Today, oil markets feel soft, the rig count in the Permian is falling and capital is being starved, for most – not all – of the industry. Do you think these companies will invest enough? Is an ESG [environmental, social and corporate governance] slide good enough, or are they going to put plans into action?
15.
Can we conclude with your broad assessment of energy transition opportunities?
