Monday, March 13, 2023

The Wrap up to CERAWeek 2023!

Well, welcome back to a beginning of a new week!  We hope you enjoyed your weekend!

Did anyone read The Houston Chronicle on Sunday, March 12, 2023 and their article,” Energy czars look to future of alternatives - ’Orderly transition’ to green fuel sources caps the discussion.” CERAWeek by S&P Global is over and the 7,200 energy industry visitors have returned to their respective hometowns.  Houston again showed why we are, “The Energy Capital of the World!” The big topic for the Big Oil and Gas companies is how can we transition quickly into new energies and navigate the obstacles.  It looks like the buzz phrase for the week is “Orderly transition” this is what we’re going to need according to the Big Energy Companies to move into a renewable energies' future.  Jennifer Granholm, the U.S. Energy Secretary agreed on how we need to control the transition, and have permitting take a reasonable amount of time, as well as, protecting the environment in the process.  Another speaker, John Kerry, the Special Presidential Envoy for Climate toted we need to utilize technology in our fight against climate change.  Mr. Kerry continued to also speak about the need to change our way of doing business but do it in an orderly and systematic way.   

There are several sections to CERAWeek.  The Agora section speakers were popular, when it came to attendees, and they wanted to know about what’s next.  The CEO of Oxy, Vicki Hollub was a speaker in the Agora section of CERWeek, and she spoke of the changes Oxy has done with carbon capture and her vision to move into nuclear and lithium as a viable future to help the fight against climate change.  The other hot topic to speak about was hydrogen, but it would take us decades to completely develop the demand, as well as the technology to use it.  The Oil and Gas section spoke about how in the foreseeable future we would still need it.  Speakers in other sections of the conference spoke about the Texas power grid and how there is no agreement on how to fix it.  They also spoke about how to store wind and solar energy, and the use of backup power.  It looks like there was a nice group of speakers at CERAWeek with a vision for change!

If you would like to check out the article about the wrap of CERAWeek or any of the other articles about the other popular speakers from The Houston Chronicle, please click the link: Hydrogen,electricity take center stage at CERAWeek energy conference(houstonchronicle.com) or click the speaker’s name.

Our team of experts have experience in helping get your liquid products like biofuels moving and out to your clients, so if you would like to start a project, we’re here to help!

We hope you have a great week, and happy Spring Break for those of you who are lucky to go on vacation!  This is D3 signing out until next week.

**Disclaimer – please note there may be a fee involved to see this article in The Houston Chronicle. *