As we step over the threshold and embrace the new decade, it is certain that the future will look very different than the past – and the energy industry is no exception.
Despite all the change, challenges, differences of opinion and disruption the energy industry faces, nearly everyone agrees that global energy demand will continue to grow. Key questions must be answered, including, what will fuel the energy future and what will the role of the traditional oil and gas companies will be. These are all subjects of significant debate in the board room, among investors large and small, and across producers and customers around the world.
Adding to the many traditional challenges faced by our industry are significant additional pressures coming from investors and customers for companies to deliver cleaner and more reliable energy to existing and emerging markets globally.
In Australia, we must ensure our industry is future-ready by creating a sustainable ecosystem that will rise to the challenge of meeting the world’s evolving energy requirements.
For insights to this evolution, we looked to Europe and identified three criteria to creating a future-focused, sustainable energy ecosystem:
1. Creating a strong and interconnected industry through collaboration between operators, suppliers and government
2. Developing workforce skills that are continuously evolving and adapting to new challenges and that are transferrable across the energy sector
3. Stimulating innovation to cement Australia’s place as an energy hub for natural gas/LNG, as well as future energies including renewables and hydrogen.
This dynamic session will deep dive into these three topics and showcase successful case studies from Europe that can be applied to Australia.
