| Topic : Energy resources |
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Posted in Community :
Energy Professionals
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Activity:
7 comments
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last activity : 05 06 2011 02:29:16 +0000
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Future of Energy Industry:
- Energy security and environmental sustainability are the need of the global society
- Advanced technology will play a larger role in reducing the high risk of unsuccessful oil exploration, anticipating successful oil reserves, enhancing operational efficiency, and attracting & hiring new employees through social networking website. Furthermore, Integration of new technologies will help in reducing carbon emissions and combating climate change.
- So, the prime factor is technological innovation, which will drive the success of future Oil and energy Industry.
- Demand for energy continues to increase exponentially with increased pace of urbanization. As more and more people have higher disposable income, their demand for energy will also increase. This is going to put tremendous pressure on energy production in country.
Growth Drivers:
- Economic growth/ activity
- Population growth
- Deregulation
- Technological innovation
- Huge Asian Demand
Industry Complexity
- Government regulations
- Higher taxation
- Huge Entry barrier
- Capital Intensive industry
- Stringent Environmental norms: Climate change
- Addressing sustainability issues
- Managing cost - Efficiency
- Integration of new technologies to reduce carbon emissions and combat climate change
- Supply for controlling the up and down industry cycle
- Complex process of new technologies for upgrading
- Managing geo-political risk
- Maximizing shareholder value
- Managing investor concern for stable investment return
You can read the complete post here - http://goo.gl/AErgo
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Best
Chitra
7 comments on "Energy Industry - Growth drivers and complexity"
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Commented by
Kiran Sethumadhavan, Partner, Sunrise Associates
| 05 06 2011 02:29:16 +0000
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JAYANTA KUMAR BORAH, B.Tech/B.E.,fresher, Annamalai university
| 05 05 2011 18:12:57 +0000
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Capt. V.S. Kartik, CEO/MD
| 05 05 2011 13:39:54 +0000
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JAGADEESAN S, Project Leader/Managing Consultant, Project Consultant
| 05 05 2011 12:09:51 +0000
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SHRIKANT MANOHAR DANKE, Consultant, Project Management Consultancy Firm
| 05 05 2011 11:40:29 +0000
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manish kumar, SEO | Web-cms Developer | Freelancer-- shoot me an email, SEO | Web-cms Developer | Freelancer-- shoot me an email
| 05 05 2011 10:51:31 +0000
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S. Muralidharan, Head, Project Planning/Strategy, Knowledge Foundation
| 05 05 2011 10:10:00 +0000
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