What will the future sources of energy be? What is the path to truly sustainable energy? How will our energy portfolio evolve in the near- and long-term future? This session consists of three invited plenary talks from thought leaders giving regional, national, and world views of the future of energy. The session will end with a panel discussion.
- J. Karl Johnson, University of Pittsburgh
- Cliff Kowall, The Lubrizol Corporation (Berkshire Hathaway)
Confirmed Speakers Include:
- Bruce Garrett, PhD, Division Director, Chemical Sciences, Geosciences, and Biosciences, Basic Energy Sciences, Office of Science, U.S. Department of Energy
- Kamel Ben-Naceur, Chief Economist, ADNOC
- TJ Wojnar, Vice President of Corporate Strategic Planning, Exxon Mobil Corporation
Supported by the generous donors of the AIChE® Foundation
|11:00am||Introductions||J. Karl Johnson, University of Pittsburgh|
|11:05am||2018 Outlook for Energy: A View to 2040||T.J. Wojnar, Exxon Mobil Corporation|
|11:25am||Energy Decarbonisation Scenarios||Kamel Ben-Naceur, ADNOC|
|11:45am||Fundamental Research Needs to Advance Energy Technologies||Bruce Garrett, U.S. Department of Energy|
T.J. Wojnar, Exxon Mobil Corporation
The Outlook for Energy is ExxonMobil’s global view of energy demand and supply through 2040. It also highlights the dual challenge of providing affordable energy to support prosperity while reducing environmental impacts – including the risks of climate change. We use the Outlook to help inform our long-term business strategies and investment plans.
- Global energy needs will rise about 25 percent over the period to 2040
- Electricity demand will nearly double in non-OECD countries
- Worldwide electricity from solar and wind will increase about 400 percent
- Natural gas will expand its role, led by growth for electricity generation
- Growth in oil demand will be driven by commercial transportation and chemical needs
- Efficiency gains and growing use of less-carbon intensive energy sources will contribute to a nearly 45 percent decline in the carbon intensity of global GDP
Kamel Ben-Naceur, ADNOC
With the energy sector being associated with 2/3 of the annual greenhouse gas emissions, decarbonizing the energy is a key step to reduce their level. The National Determined Contributions (NDC’s) announced so far by the participating countries do not meet the objectives of the Paris-climate agreement, as far as reaching a peak in emissions in the near future or decreasing to a level that is compatible with the stated long-term targets.
Using different scenarios for energy demand and supply, options for energy sector decarbonisation are evaluated. Meeting the 2-degree target requires a major transformation in the power sector, efficiency improvements – specially in the buildings and in the industry, and a revolution in transport towards fuel and modal shifts. With a significant increase in renewable energy, system integration and optimization will also be key in reducing the cost of the energy transition. Meeting more ambitious climate goals (“well below 2 degrees”) will push further the technological innovation and implementation requirements throughout the entire energy value chain. A scenario aiming at zero net-emissions by 2060 is presented, along with a comparison to the 2-degree case.
Bruce Garrett, PhD, U.S. Department of Energy
The U. S. Department of Energy (DOE), Office of Science, Office of Basic Energy Sciences (BES) supports fundamental research in chemical and materials sciences to provide the foundations for new energy technologies and to support DOE missions in energy, environment, and national security. This presentation will discuss opportunities for fundamental research to impact DOE’s energy mission “to catalyze the timely, material, and efficient transformation of the nation’s energy system and secure U.S. leadership in energy technologies” with a focus on the way we generate, store and use energy nationally. I will provide an overview of BES strategic planning over the past decade that identified priority research directions for advancing energy applications, highlight key scientific advances in these areas, and discuss some future opportunities for modern science, particularly chemical sciences, to accelerate the transformation of the U. S. energy portfolio.