Deloitte Raport "energy Predictions 2010"
Increasing energy efficiency, renewable energy production and accelerate development of smart grid technologies (so-called intelligent networks) are the top priorities on their energy companies worldwide, according to Deloitte's Global Energy Predictions 2010 report.
Coal is the fuel of the future. This is only one conclusion. According to International Energy Agency (IEA), coal will meet 29% of global energy needs in 2030, as opposed to 26% in 2006. Some trends identified in the report can not be applied, yet, when industry in Romania, according to Deloitte.
Intelligent Networks smart grid can provide power using digital technology and can also integrate its energy from renewable sources. In addition, consumers will be able to reduce consumption during times of maximum consumption, adjusted the amount taken from the network to their personal needs.
Although some of the trends presented in the report can not be applied, and geo-strategic position of primary energy resources can help Romania become a significant player in the region, consider Valeriu Binig Director Energy & Resources Financial Services Deloitte Romania. It only that Romania will keep pace with technological developments and will be able to attract the necessary financing.
"The report presents a vision for the near future, anticipating an industry that mutations exceeded state or geographical boundaries. Romania, however, has far to go, considering the major and necessary restructuring processes taking place at this time. Although some trends identified in the report do not apply if an industry with national and regional and underdeveloped part as that of Romania, our country must ultimately align to the same levels of efficiency and technological standards of environmental protection. In addition, given the geo-strategic position and primary energy resources, Romania has the potential to become a significant player in the region in the near future. Viewed from this perspective, the speed of reform, the adoption of technological progress and attract necessary financing conditions are vital for local industry, "said Valeriu Binig.
The most important conclusions of the report:
• Some economists now expect the recession to as "W" or "double-dip recession." In this scenario, global economic growth registered a modest progress, but the economy remains weak in some segments. A return to form "W" could also lead to higher prices, but with greater variability and a continuing risk to oil and gas companies are struggling to improve cash flow.
• With the exception of major oil companies, all other sectors will cross a period of consolidation. Independent oil and gas companies and mining companies and smaller Size may become targets for larger companies looking for stocks, but may also be beneficiaries of the portfolio rationalization strategy implemented by large companies. Power companies and utilities will take into account the work of mergers and acquisitions to strengthen its strategic position to gain access to markets and to attract capital to improve liquidity.
• The tendency to shift from a decentralized model of decision making is centralized in one term will increase, giving companies the opportunity to exercise greater control over exploration and production projects (E & P) more complex and costly.
• National oil companies (CPN) aggressively seek opportunities for mergers and acquisitions to achieve three objectives: to support their business strategies, expansion and development of portfolios of stocks of strategic alliances. In 2010, transactions CPN - CPN will increase dramatically, as countries continue to perceive the political and economic value for this
type of activity.
• power companies and utilities will be faced with new trends, the most important being the development of Smart Grid technology, the industry revolution that can decrease energy consumption by 30%, which reduces the need to build new power plants. Estimates show that electricity will cover an increasing share of total energy demand worldwide, being as the fastest spreading among the final consumer in the next decade. Given the growth and importance of electricity in the world, is surprisingly average efficiency of existing electricity networks in the world is around 33%. By comparison, networks based on the latest technology has an efficiency of 60%. Technology for Smart Grids can reduce the need to build new power plants or exploit generation sources that endanger the environment. In general, companies use computer networks and intelligent networking adds intelligence to what is otherwise a physical maze of interconnected wires.
• Coal is the fuel of the future. According to International Energy Agency (IEA), coal will meet 29% of global energy needs in 2030, as opposed to 26% in 2006. To meet this growing demand, coal production is forecast to increase by approximately 60% of today and 2030. Much of this growth will come from countries not belonging to the OECD, including China and India, and will double production of coal. But coal has a disadvantage. Burning coal emits about one ton of carbon dioxide (CO2) per megawatt hour (MWh) of electricity generated. For countries heavily dependent on coal, including the United States, technologies for carbon capture and storage (CCS) could be the answer. Aries runs several experimental projects in this respect.
• For many people, the Middle East and North Africa are synonymous with both petroleum and natural gas. But soon, resource-rich connotations of these regions will tend to renewable energy production. Many consider geographic and demographic conditions that are only good for developing a new type of power base in the cradle of traditional fossil fuels.
• If the power industry would continue to control their destiny, it can not address the attitude "we'll wait and see" on reducing carbon emissions. Companies must proactively develop technologies and processes to reduce emissions and play an active role in shaping the carbon trading mechanism to be used.
• Despite the recent economic recession, worldwide energy consumption could increase by an average of 1.6 percent per year between 2006 and 2030 - a total increase of 45%. Building more plants powered by fossil fuels seems to be the answer, both economically as well as environmental. In 2010, the world will likely assist in conservation efforts and increased efficiency of energy consumption from both consumers and companies. Capacity is not the answer, greater energy efficiency is the answer. Energy conservation technologies needed already exist.
• The success of oil and gas companies, whether national or international, will depend on their ability to attract, develop and retain the efficient use of human capital. International oil companies have resorted to innovative ways to reduce the gap by signing professional partnerships with universities petrochemicals in the Middle East and Asia, but time will pass until they lost time in this area.
