We are proud to announce that ESCP Business School and its Energy Management Centre will be taking part as Supporting Partners at this year’s Energy Summit organised by The Economist Events. The conference will take place on 28th November at The Honourable Artillery Company Armoury House, City Road in London.
Several technological revolutions are taking place simultaneously in energy markets, which promise a future of abundance, rather than scarcity. The first is shale. This year the ability of independent American oil producers to keep fracking despite relatively adverse conditions has foiled OPEC’s ability to rescue prices. The second is renewable electricity. Prices of wind and solar power have continued to fall this year, especially in developing countries, and investment in renewables continues to outstrip that of traditional sources of power generation, such as coal and gas. Thirdly, batteries are emerging as potential disruptors in both oil and power markets. Partly thanks to lower battery costs, France and Britain believe it is feasible to phase out cars powered exclusively by petrol and diesel by 2040.
In this new era, big energy companies that have built their businesses around overcoming scarcity are having to adapt fast. National oil companies face even greater upheaval and electric utilities, too, are changing their business models to prepare for a future of cheap power. The transition also has important ramifications for geopolitics. America has once again become a powerful player in the oil markets and its LNG exports are changing the dynamics of global gas markets. OPEC’s big hope for survival is that a shortage of investment in big oil projects will cause prices to skyrocket again in the next few years. Meanwhile, its future is uncertain.
The Energy Summit, bringing together business leaders, policymakers and independent experts, will discuss the big topics shaping the industry. How should big oil companies adapt to this new era? What is the outlook for shale? Can renewables prosper without subsidies? Are electric vehicles on the verge of a Model-T moment? How are pollution and climate change transforming the outlook for energy? Delegates will hear from industry leaders, and meet experts from related industries such as cyber security, big data and the internet of things.
- How should big oil companies adapt to this new era?
- What is the outlook for shale?
- Can renewables prosper without subsidies?
- Are electric vehicles on the verge of a Model-T moment?
- How are pollution and climate change transforming the outlook for energy?
Follow the event: @EconomistEvents #EconEnergy
David Eyton, Group head of technology, BP
Christophe Frei, Secretary general, World Energy Council
Louis Shaffer, Distributed Energy Segment manager, Europe, Middle East and Africa Region, Eaton
Michael Tran, Director of energy strategy, RBC Capital Markets
Tim Green, Director, Energy Futures Lab, Imperial College London
Andreas Liebheit, President, Heraeus Photovoltaics
Divya Seshamani, Managing partner, Greensphere Capital
Susan Packard LeGros, President and executive director, Center for Responsible Shale Development
For further information, please visit the event's site: https://events.economist.com/events-conferences/emea/the-energy-summit-2017/
Win a complimentary pass to attend the event
We are offering for free one delegate ticket to our alumni members. If you would like to attend the event, please register your interest here.
If you would like to take part of this exciting event, EMC members, students and alumni can claim a 20% discount using the code ESCP/DC. To claim your discount, please click here.
You can find more information about the Energy Summit 2017 and the full speaker list here.
About ESCP Business School
Established in 1819, ESCP has educated generations of leaders and entrepreneurs. With its six urban campuses in Berlin, London, Madrid, Paris, Turin and Warsaw, ESCP's true European identity enables the provision of a unique style of cross-cultural business education and a global perspective on international management issues. The School welcomes 4,600 students and 5,000 executives from 102 different nations every year, offering them a wide range of general management and specialised programmes (Bachelor, Masters, MBA, Executive MBA, PhD and Executive Education).
About the Energy Management Centre (EMC)
The EMC's Mission is to build a strong proactive partnership between energy corporations, government agencies, and the academic community, in preparation for a new energy era. This is achieved through the promotion of rigorous and objective empirical research on issues related to energy management, finance, and policy, in order to support decision-making by both government and industry. The results of EMC's research become available to the public through publications, workshops and conferences, educational programmes and other public outreach activities. Research at EMC is enhanced through direct cooperation with government agencies, and academic and industry associates from across the globe.