SlideShare a Scribd company logo
1 of 5
Will new technologies change energy
markets?—Some “macro” notes
Torbjörn Becker
Director of SITE
“Putin does not see the end of the era of hydrocarbons”
“…common goal is to ensure
that all people in the world have
access to modern energy
sources…
…many started saying that
the era of hydro-carbons was
coming to an end…no real
reason for such far-reaching
conclusion yet. …Mankind is
moving towards green energy.”
President Putin at World
Energy Congress in Istanbul
quotes from pravda.ru
Russia and oil—uncertain future?
0
2000
4000
6000
8000
10000
12000
14000
16000
0
20
40
60
80
100
120
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
GDP/cap USD Oil USD
Russian GDP and oil price
How will geopolitics be affected when
technologies change?
7/7
6/6
1/1
1/1
6/5
2/2
?/?
5/5
6/6
4/5
5/5
4/4
Political freedom/Civil liberty (Freedom House 1 to 7)
1
Welcome to SITE’s 10th Energy day

More Related Content

What's hot

Ktk ifrs-fy2013-presentation-eng
Ktk ifrs-fy2013-presentation-engKtk ifrs-fy2013-presentation-eng
Ktk ifrs-fy2013-presentation-engKTK
 
Climate change and renewables in Wales
Climate change and renewables in WalesClimate change and renewables in Wales
Climate change and renewables in WalesGareth Clubb
 
Degvielas tirgus izaicinājumi nākotnē
Degvielas tirgus izaicinājumi nākotnēDegvielas tirgus izaicinājumi nākotnē
Degvielas tirgus izaicinājumi nākotnēLiga Stala
 
Moneylife 27 May 2010 Are weak commodity prices foretelling something
Moneylife 27 May 2010 Are weak commodity prices foretelling somethingMoneylife 27 May 2010 Are weak commodity prices foretelling something
Moneylife 27 May 2010 Are weak commodity prices foretelling somethingJagannadham Thunuguntla
 
Russian o&g industry: Problems and Opportunities During Next President Term o...
Russian o&g industry: Problems and Opportunities During Next President Term o...Russian o&g industry: Problems and Opportunities During Next President Term o...
Russian o&g industry: Problems and Opportunities During Next President Term o...energystate
 
The European Gas Market Diversification False Start
The European Gas Market Diversification False StartThe European Gas Market Diversification False Start
The European Gas Market Diversification False Startenergystate
 
Russian LNG Geopolitical focus
Russian LNG Geopolitical focusRussian LNG Geopolitical focus
Russian LNG Geopolitical focusenergystate
 
Split city (Croatia)
Split city (Croatia)Split city (Croatia)
Split city (Croatia)Ivan Szedo
 
Energy conference 2015 04022015 3
Energy conference 2015 04022015 3Energy conference 2015 04022015 3
Energy conference 2015 04022015 3Krisjanis Buss
 

What's hot (11)

Ktk ifrs-fy2013-presentation-eng
Ktk ifrs-fy2013-presentation-engKtk ifrs-fy2013-presentation-eng
Ktk ifrs-fy2013-presentation-eng
 
Climate change and renewables in Wales
Climate change and renewables in WalesClimate change and renewables in Wales
Climate change and renewables in Wales
 
Degvielas tirgus izaicinājumi nākotnē
Degvielas tirgus izaicinājumi nākotnēDegvielas tirgus izaicinājumi nākotnē
Degvielas tirgus izaicinājumi nākotnē
 
Moneylife 27 May 2010 Are weak commodity prices foretelling something
Moneylife 27 May 2010 Are weak commodity prices foretelling somethingMoneylife 27 May 2010 Are weak commodity prices foretelling something
Moneylife 27 May 2010 Are weak commodity prices foretelling something
 
Nonferrous Scrap Metal Market Trends
Nonferrous Scrap Metal Market TrendsNonferrous Scrap Metal Market Trends
Nonferrous Scrap Metal Market Trends
 
Russian o&g industry: Problems and Opportunities During Next President Term o...
Russian o&g industry: Problems and Opportunities During Next President Term o...Russian o&g industry: Problems and Opportunities During Next President Term o...
Russian o&g industry: Problems and Opportunities During Next President Term o...
 
Economic and Ferrous Metal Market Trends
Economic and Ferrous Metal Market TrendsEconomic and Ferrous Metal Market Trends
Economic and Ferrous Metal Market Trends
 
The European Gas Market Diversification False Start
The European Gas Market Diversification False StartThe European Gas Market Diversification False Start
The European Gas Market Diversification False Start
 
Russian LNG Geopolitical focus
Russian LNG Geopolitical focusRussian LNG Geopolitical focus
Russian LNG Geopolitical focus
 
Split city (Croatia)
Split city (Croatia)Split city (Croatia)
Split city (Croatia)
 
Energy conference 2015 04022015 3
Energy conference 2015 04022015 3Energy conference 2015 04022015 3
Energy conference 2015 04022015 3
 

Similar to Will new technologies change energy markets?—Some “macro” notes

Dal mgmt1702 ecosystem goods and services presentation 21 janaury 2016
Dal mgmt1702 ecosystem goods and services presentation 21 janaury 2016Dal mgmt1702 ecosystem goods and services presentation 21 janaury 2016
Dal mgmt1702 ecosystem goods and services presentation 21 janaury 2016Gord Helm
 
Rearch on solar panel
Rearch on solar panelRearch on solar panel
Rearch on solar panelAhmad Syed
 
World Energy Inside - Luglio 2018
World Energy Inside - Luglio 2018World Energy Inside - Luglio 2018
World Energy Inside - Luglio 2018WEC Italia
 
Energy And Climate Change
Energy And Climate ChangeEnergy And Climate Change
Energy And Climate ChangeDavid Hone
 
Big Banks Control All From Commodities To Countries
Big Banks Control All From Commodities To CountriesBig Banks Control All From Commodities To Countries
Big Banks Control All From Commodities To CountriesSandip Sen
 
GSEU_PDAC23_Challenges_of_Critical_Raw_Materials_in_a_Changing_World.pdf
GSEU_PDAC23_Challenges_of_Critical_Raw_Materials_in_a_Changing_World.pdfGSEU_PDAC23_Challenges_of_Critical_Raw_Materials_in_a_Changing_World.pdf
GSEU_PDAC23_Challenges_of_Critical_Raw_Materials_in_a_Changing_World.pdfFrancesco Pizzocolo
 
This week’s UN warning of climate chaos: is the total world rewrite they say ...
This week’s UN warning of climate chaos: is the total world rewrite they say ...This week’s UN warning of climate chaos: is the total world rewrite they say ...
This week’s UN warning of climate chaos: is the total world rewrite they say ...Jeremy Leggett
 
Extract of 2022 Executive Class_ Spring_ Paris18thMay22.pdf
Extract of 2022 Executive Class_ Spring_ Paris18thMay22.pdfExtract of 2022 Executive Class_ Spring_ Paris18thMay22.pdf
Extract of 2022 Executive Class_ Spring_ Paris18thMay22.pdfEnergy for One World
 
World Energy Focus Annual 2017
World Energy Focus Annual 2017World Energy Focus Annual 2017
World Energy Focus Annual 2017WEC Italia
 
World Energy Council: Tracking Energy Transition Innovation- 2017
World Energy Council: Tracking Energy Transition Innovation- 2017World Energy Council: Tracking Energy Transition Innovation- 2017
World Energy Council: Tracking Energy Transition Innovation- 2017Energy for One World
 
Green energy production and the Russian energy industry: Same route, same goal?
Green energy production and the Russian energy industry: Same route, same goal?Green energy production and the Russian energy industry: Same route, same goal?
Green energy production and the Russian energy industry: Same route, same goal?Global Energy prize Foundation
 
nigeria energy demand & supply
nigeria energy demand & supplynigeria energy demand & supply
nigeria energy demand & supplyYisau Tunde Morjhd
 
Wfs Conference The Energy Revolution By Michael Lee Pdf
Wfs Conference   The Energy Revolution By Michael Lee  PdfWfs Conference   The Energy Revolution By Michael Lee  Pdf
Wfs Conference The Energy Revolution By Michael Lee PdfMichael Lee
 
2015 global change, energy architecture and leadership lecture series present...
2015 global change, energy architecture and leadership lecture series present...2015 global change, energy architecture and leadership lecture series present...
2015 global change, energy architecture and leadership lecture series present...Energy for One World
 

Similar to Will new technologies change energy markets?—Some “macro” notes (20)

Curren~1
Curren~1Curren~1
Curren~1
 
Dal mgmt1702 ecosystem goods and services presentation 21 janaury 2016
Dal mgmt1702 ecosystem goods and services presentation 21 janaury 2016Dal mgmt1702 ecosystem goods and services presentation 21 janaury 2016
Dal mgmt1702 ecosystem goods and services presentation 21 janaury 2016
 
David Sandalow - Columbia University.
David Sandalow - Columbia University.  David Sandalow - Columbia University.
David Sandalow - Columbia University.
 
Rearch on solar panel
Rearch on solar panelRearch on solar panel
Rearch on solar panel
 
World Energy Inside - Luglio 2018
World Energy Inside - Luglio 2018World Energy Inside - Luglio 2018
World Energy Inside - Luglio 2018
 
Energy And Climate Change
Energy And Climate ChangeEnergy And Climate Change
Energy And Climate Change
 
Exxon mobil energy_outlook_2013
Exxon mobil energy_outlook_2013Exxon mobil energy_outlook_2013
Exxon mobil energy_outlook_2013
 
Big Banks Control All From Commodities To Countries
Big Banks Control All From Commodities To CountriesBig Banks Control All From Commodities To Countries
Big Banks Control All From Commodities To Countries
 
GSEU_PDAC23_Challenges_of_Critical_Raw_Materials_in_a_Changing_World.pdf
GSEU_PDAC23_Challenges_of_Critical_Raw_Materials_in_a_Changing_World.pdfGSEU_PDAC23_Challenges_of_Critical_Raw_Materials_in_a_Changing_World.pdf
GSEU_PDAC23_Challenges_of_Critical_Raw_Materials_in_a_Changing_World.pdf
 
This week’s UN warning of climate chaos: is the total world rewrite they say ...
This week’s UN warning of climate chaos: is the total world rewrite they say ...This week’s UN warning of climate chaos: is the total world rewrite they say ...
This week’s UN warning of climate chaos: is the total world rewrite they say ...
 
Extract of 2022 Executive Class_ Spring_ Paris18thMay22.pdf
Extract of 2022 Executive Class_ Spring_ Paris18thMay22.pdfExtract of 2022 Executive Class_ Spring_ Paris18thMay22.pdf
Extract of 2022 Executive Class_ Spring_ Paris18thMay22.pdf
 
World Energy Focus Annual 2017
World Energy Focus Annual 2017World Energy Focus Annual 2017
World Energy Focus Annual 2017
 
World Energy Council: Tracking Energy Transition Innovation- 2017
World Energy Council: Tracking Energy Transition Innovation- 2017World Energy Council: Tracking Energy Transition Innovation- 2017
World Energy Council: Tracking Energy Transition Innovation- 2017
 
Green energy production and the Russian energy industry: Same route, same goal?
Green energy production and the Russian energy industry: Same route, same goal?Green energy production and the Russian energy industry: Same route, same goal?
Green energy production and the Russian energy industry: Same route, same goal?
 
The Russian Economy under Putin
The Russian Economy under PutinThe Russian Economy under Putin
The Russian Economy under Putin
 
The World Nuclear Industry Status Report
The World Nuclear Industry Status ReportThe World Nuclear Industry Status Report
The World Nuclear Industry Status Report
 
Energy Transition(s): where are we?
Energy Transition(s): where are we?Energy Transition(s): where are we?
Energy Transition(s): where are we?
 
nigeria energy demand & supply
nigeria energy demand & supplynigeria energy demand & supply
nigeria energy demand & supply
 
Wfs Conference The Energy Revolution By Michael Lee Pdf
Wfs Conference   The Energy Revolution By Michael Lee  PdfWfs Conference   The Energy Revolution By Michael Lee  Pdf
Wfs Conference The Energy Revolution By Michael Lee Pdf
 
2015 global change, energy architecture and leadership lecture series present...
2015 global change, energy architecture and leadership lecture series present...2015 global change, energy architecture and leadership lecture series present...
2015 global change, energy architecture and leadership lecture series present...
 

More from Stockholm Institute of Transition Economics

The Russia sanctions as a human rights instrument: Violations of export contr...
The Russia sanctions as a human rights instrument: Violations of export contr...The Russia sanctions as a human rights instrument: Violations of export contr...
The Russia sanctions as a human rights instrument: Violations of export contr...Stockholm Institute of Transition Economics
 
Unemployment and Intra-Household Dynamics: the Effect of Male Job Loss on Int...
Unemployment and Intra-Household Dynamics: the Effect of Male Job Loss on Int...Unemployment and Intra-Household Dynamics: the Effect of Male Job Loss on Int...
Unemployment and Intra-Household Dynamics: the Effect of Male Job Loss on Int...Stockholm Institute of Transition Economics
 

More from Stockholm Institute of Transition Economics (20)

IT sector development fading | Belarus Conference in Stockholm
IT sector development fading | Belarus Conference in StockholmIT sector development fading | Belarus Conference in Stockholm
IT sector development fading | Belarus Conference in Stockholm
 
Corisk Sanctions of Russia | Belarus Conference in Stockholm
Corisk Sanctions of Russia | Belarus Conference in StockholmCorisk Sanctions of Russia | Belarus Conference in Stockholm
Corisk Sanctions of Russia | Belarus Conference in Stockholm
 
Selected Economic Effects of Sanctions | Belarus Conference in Stockholm
Selected Economic Effects of Sanctions | Belarus Conference in StockholmSelected Economic Effects of Sanctions | Belarus Conference in Stockholm
Selected Economic Effects of Sanctions | Belarus Conference in Stockholm
 
Belarusian Economy 2024 | Conference in Stockholm
Belarusian Economy 2024 | Conference in StockholmBelarusian Economy 2024 | Conference in Stockholm
Belarusian Economy 2024 | Conference in Stockholm
 
Tracking sanctions compliance | SITE 2023 Development Day conference
Tracking sanctions compliance | SITE 2023 Development Day conferenceTracking sanctions compliance | SITE 2023 Development Day conference
Tracking sanctions compliance | SITE 2023 Development Day conference
 
War and Trade in Eurasia | SITE 2023 Development Day conference
War and Trade in Eurasia | SITE 2023 Development Day conferenceWar and Trade in Eurasia | SITE 2023 Development Day conference
War and Trade in Eurasia | SITE 2023 Development Day conference
 
Reducing the Russian Economic Capacity and support Ukraine
Reducing the Russian Economic Capacity and support UkraineReducing the Russian Economic Capacity and support Ukraine
Reducing the Russian Economic Capacity and support Ukraine
 
Energy sanctions - What else can be done?
Energy sanctions - What else can be done?Energy sanctions - What else can be done?
Energy sanctions - What else can be done?
 
How should policy be designed during energy-economic warfare?
How should policy be designed during energy-economic warfare?How should policy be designed during energy-economic warfare?
How should policy be designed during energy-economic warfare?
 
The impact of the war on Russia’s fossil fuel earnings
The impact of the war on Russia’s fossil fuel earningsThe impact of the war on Russia’s fossil fuel earnings
The impact of the war on Russia’s fossil fuel earnings
 
The Russia sanctions as a human rights instrument: Violations of export contr...
The Russia sanctions as a human rights instrument: Violations of export contr...The Russia sanctions as a human rights instrument: Violations of export contr...
The Russia sanctions as a human rights instrument: Violations of export contr...
 
SITE 2022 Development Day conference program
SITE 2022 Development Day conference programSITE 2022 Development Day conference program
SITE 2022 Development Day conference program
 
SITE 2022 Development Day conference | Program
SITE 2022 Development Day conference | ProgramSITE 2022 Development Day conference | Program
SITE 2022 Development Day conference | Program
 
Program | SITE 2022 Development Day conference
Program | SITE 2022 Development Day conferenceProgram | SITE 2022 Development Day conference
Program | SITE 2022 Development Day conference
 
Ce^2 Conference 2022 Programme
Ce^2 Conference 2022 ProgrammeCe^2 Conference 2022 Programme
Ce^2 Conference 2022 Programme
 
Ce2 Worksop & Conference 2022 Program
Ce2 Worksop & Conference 2022 ProgramCe2 Worksop & Conference 2022 Program
Ce2 Worksop & Conference 2022 Program
 
Ce^2 Conference 2022 Program
Ce^2 Conference 2022 ProgramCe^2 Conference 2022 Program
Ce^2 Conference 2022 Program
 
(Ce)2 Workshop program (preliminary)
(Ce)2 Workshop program (preliminary)(Ce)2 Workshop program (preliminary)
(Ce)2 Workshop program (preliminary)
 
Unemployment and Intra-Household Dynamics: the Effect of Male Job Loss on Int...
Unemployment and Intra-Household Dynamics: the Effect of Male Job Loss on Int...Unemployment and Intra-Household Dynamics: the Effect of Male Job Loss on Int...
Unemployment and Intra-Household Dynamics: the Effect of Male Job Loss on Int...
 
Football, Alcohol and Domestic Abuse
Football, Alcohol and Domestic AbuseFootball, Alcohol and Domestic Abuse
Football, Alcohol and Domestic Abuse
 

Recently uploaded

20240429 Calibre April 2024 Investor Presentation.pdf
20240429 Calibre April 2024 Investor Presentation.pdf20240429 Calibre April 2024 Investor Presentation.pdf
20240429 Calibre April 2024 Investor Presentation.pdfAdnet Communications
 
Malad Call Girl in Services 9892124323 | ₹,4500 With Room Free Delivery
Malad Call Girl in Services  9892124323 | ₹,4500 With Room Free DeliveryMalad Call Girl in Services  9892124323 | ₹,4500 With Room Free Delivery
Malad Call Girl in Services 9892124323 | ₹,4500 With Room Free DeliveryPooja Nehwal
 
High Class Call Girls Nashik Maya 7001305949 Independent Escort Service Nashik
High Class Call Girls Nashik Maya 7001305949 Independent Escort Service NashikHigh Class Call Girls Nashik Maya 7001305949 Independent Escort Service Nashik
High Class Call Girls Nashik Maya 7001305949 Independent Escort Service NashikCall Girls in Nagpur High Profile
 
05_Annelore Lenoir_Docbyte_MeetupDora&Cybersecurity.pptx
05_Annelore Lenoir_Docbyte_MeetupDora&Cybersecurity.pptx05_Annelore Lenoir_Docbyte_MeetupDora&Cybersecurity.pptx
05_Annelore Lenoir_Docbyte_MeetupDora&Cybersecurity.pptxFinTech Belgium
 
Solution Manual for Financial Accounting, 11th Edition by Robert Libby, Patri...
Solution Manual for Financial Accounting, 11th Edition by Robert Libby, Patri...Solution Manual for Financial Accounting, 11th Edition by Robert Libby, Patri...
Solution Manual for Financial Accounting, 11th Edition by Robert Libby, Patri...ssifa0344
 
Call Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur Escorts
Call Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur EscortsCall Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur Escorts
Call Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur Escortsranjana rawat
 
Solution Manual for Principles of Corporate Finance 14th Edition by Richard B...
Solution Manual for Principles of Corporate Finance 14th Edition by Richard B...Solution Manual for Principles of Corporate Finance 14th Edition by Richard B...
Solution Manual for Principles of Corporate Finance 14th Edition by Richard B...ssifa0344
 
TEST BANK For Corporate Finance, 13th Edition By Stephen Ross, Randolph Weste...
TEST BANK For Corporate Finance, 13th Edition By Stephen Ross, Randolph Weste...TEST BANK For Corporate Finance, 13th Edition By Stephen Ross, Randolph Weste...
TEST BANK For Corporate Finance, 13th Edition By Stephen Ross, Randolph Weste...ssifa0344
 
Call US 📞 9892124323 ✅ Kurla Call Girls In Kurla ( Mumbai ) secure service
Call US 📞 9892124323 ✅ Kurla Call Girls In Kurla ( Mumbai ) secure serviceCall US 📞 9892124323 ✅ Kurla Call Girls In Kurla ( Mumbai ) secure service
Call US 📞 9892124323 ✅ Kurla Call Girls In Kurla ( Mumbai ) secure servicePooja Nehwal
 
Log your LOA pain with Pension Lab's brilliant campaign
Log your LOA pain with Pension Lab's brilliant campaignLog your LOA pain with Pension Lab's brilliant campaign
Log your LOA pain with Pension Lab's brilliant campaignHenry Tapper
 
Independent Lucknow Call Girls 8923113531WhatsApp Lucknow Call Girls make you...
Independent Lucknow Call Girls 8923113531WhatsApp Lucknow Call Girls make you...Independent Lucknow Call Girls 8923113531WhatsApp Lucknow Call Girls make you...
Independent Lucknow Call Girls 8923113531WhatsApp Lucknow Call Girls make you...makika9823
 
The Economic History of the U.S. Lecture 30.pdf
The Economic History of the U.S. Lecture 30.pdfThe Economic History of the U.S. Lecture 30.pdf
The Economic History of the U.S. Lecture 30.pdfGale Pooley
 
VIP Kolkata Call Girl Jodhpur Park 👉 8250192130 Available With Room
VIP Kolkata Call Girl Jodhpur Park 👉 8250192130  Available With RoomVIP Kolkata Call Girl Jodhpur Park 👉 8250192130  Available With Room
VIP Kolkata Call Girl Jodhpur Park 👉 8250192130 Available With Roomdivyansh0kumar0
 
Independent Call Girl Number in Kurla Mumbai📲 Pooja Nehwal 9892124323 💞 Full ...
Independent Call Girl Number in Kurla Mumbai📲 Pooja Nehwal 9892124323 💞 Full ...Independent Call Girl Number in Kurla Mumbai📲 Pooja Nehwal 9892124323 💞 Full ...
Independent Call Girl Number in Kurla Mumbai📲 Pooja Nehwal 9892124323 💞 Full ...Pooja Nehwal
 
Bladex Earnings Call Presentation 1Q2024
Bladex Earnings Call Presentation 1Q2024Bladex Earnings Call Presentation 1Q2024
Bladex Earnings Call Presentation 1Q2024Bladex
 
How Automation is Driving Efficiency Through the Last Mile of Reporting
How Automation is Driving Efficiency Through the Last Mile of ReportingHow Automation is Driving Efficiency Through the Last Mile of Reporting
How Automation is Driving Efficiency Through the Last Mile of ReportingAggregage
 
High Class Call Girls Nagpur Grishma Call 7001035870 Meet With Nagpur Escorts
High Class Call Girls Nagpur Grishma Call 7001035870 Meet With Nagpur EscortsHigh Class Call Girls Nagpur Grishma Call 7001035870 Meet With Nagpur Escorts
High Class Call Girls Nagpur Grishma Call 7001035870 Meet With Nagpur Escortsranjana rawat
 
Interimreport1 January–31 March2024 Elo Mutual Pension Insurance Company
Interimreport1 January–31 March2024 Elo Mutual Pension Insurance CompanyInterimreport1 January–31 March2024 Elo Mutual Pension Insurance Company
Interimreport1 January–31 March2024 Elo Mutual Pension Insurance CompanyTyöeläkeyhtiö Elo
 
Dividend Policy and Dividend Decision Theories.pptx
Dividend Policy and Dividend Decision Theories.pptxDividend Policy and Dividend Decision Theories.pptx
Dividend Policy and Dividend Decision Theories.pptxanshikagoel52
 

Recently uploaded (20)

20240429 Calibre April 2024 Investor Presentation.pdf
20240429 Calibre April 2024 Investor Presentation.pdf20240429 Calibre April 2024 Investor Presentation.pdf
20240429 Calibre April 2024 Investor Presentation.pdf
 
Malad Call Girl in Services 9892124323 | ₹,4500 With Room Free Delivery
Malad Call Girl in Services  9892124323 | ₹,4500 With Room Free DeliveryMalad Call Girl in Services  9892124323 | ₹,4500 With Room Free Delivery
Malad Call Girl in Services 9892124323 | ₹,4500 With Room Free Delivery
 
High Class Call Girls Nashik Maya 7001305949 Independent Escort Service Nashik
High Class Call Girls Nashik Maya 7001305949 Independent Escort Service NashikHigh Class Call Girls Nashik Maya 7001305949 Independent Escort Service Nashik
High Class Call Girls Nashik Maya 7001305949 Independent Escort Service Nashik
 
05_Annelore Lenoir_Docbyte_MeetupDora&Cybersecurity.pptx
05_Annelore Lenoir_Docbyte_MeetupDora&Cybersecurity.pptx05_Annelore Lenoir_Docbyte_MeetupDora&Cybersecurity.pptx
05_Annelore Lenoir_Docbyte_MeetupDora&Cybersecurity.pptx
 
Solution Manual for Financial Accounting, 11th Edition by Robert Libby, Patri...
Solution Manual for Financial Accounting, 11th Edition by Robert Libby, Patri...Solution Manual for Financial Accounting, 11th Edition by Robert Libby, Patri...
Solution Manual for Financial Accounting, 11th Edition by Robert Libby, Patri...
 
Call Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur Escorts
Call Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur EscortsCall Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur Escorts
Call Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur Escorts
 
Solution Manual for Principles of Corporate Finance 14th Edition by Richard B...
Solution Manual for Principles of Corporate Finance 14th Edition by Richard B...Solution Manual for Principles of Corporate Finance 14th Edition by Richard B...
Solution Manual for Principles of Corporate Finance 14th Edition by Richard B...
 
TEST BANK For Corporate Finance, 13th Edition By Stephen Ross, Randolph Weste...
TEST BANK For Corporate Finance, 13th Edition By Stephen Ross, Randolph Weste...TEST BANK For Corporate Finance, 13th Edition By Stephen Ross, Randolph Weste...
TEST BANK For Corporate Finance, 13th Edition By Stephen Ross, Randolph Weste...
 
Call US 📞 9892124323 ✅ Kurla Call Girls In Kurla ( Mumbai ) secure service
Call US 📞 9892124323 ✅ Kurla Call Girls In Kurla ( Mumbai ) secure serviceCall US 📞 9892124323 ✅ Kurla Call Girls In Kurla ( Mumbai ) secure service
Call US 📞 9892124323 ✅ Kurla Call Girls In Kurla ( Mumbai ) secure service
 
Veritas Interim Report 1 January–31 March 2024
Veritas Interim Report 1 January–31 March 2024Veritas Interim Report 1 January–31 March 2024
Veritas Interim Report 1 January–31 March 2024
 
Log your LOA pain with Pension Lab's brilliant campaign
Log your LOA pain with Pension Lab's brilliant campaignLog your LOA pain with Pension Lab's brilliant campaign
Log your LOA pain with Pension Lab's brilliant campaign
 
Independent Lucknow Call Girls 8923113531WhatsApp Lucknow Call Girls make you...
Independent Lucknow Call Girls 8923113531WhatsApp Lucknow Call Girls make you...Independent Lucknow Call Girls 8923113531WhatsApp Lucknow Call Girls make you...
Independent Lucknow Call Girls 8923113531WhatsApp Lucknow Call Girls make you...
 
The Economic History of the U.S. Lecture 30.pdf
The Economic History of the U.S. Lecture 30.pdfThe Economic History of the U.S. Lecture 30.pdf
The Economic History of the U.S. Lecture 30.pdf
 
VIP Kolkata Call Girl Jodhpur Park 👉 8250192130 Available With Room
VIP Kolkata Call Girl Jodhpur Park 👉 8250192130  Available With RoomVIP Kolkata Call Girl Jodhpur Park 👉 8250192130  Available With Room
VIP Kolkata Call Girl Jodhpur Park 👉 8250192130 Available With Room
 
Independent Call Girl Number in Kurla Mumbai📲 Pooja Nehwal 9892124323 💞 Full ...
Independent Call Girl Number in Kurla Mumbai📲 Pooja Nehwal 9892124323 💞 Full ...Independent Call Girl Number in Kurla Mumbai📲 Pooja Nehwal 9892124323 💞 Full ...
Independent Call Girl Number in Kurla Mumbai📲 Pooja Nehwal 9892124323 💞 Full ...
 
Bladex Earnings Call Presentation 1Q2024
Bladex Earnings Call Presentation 1Q2024Bladex Earnings Call Presentation 1Q2024
Bladex Earnings Call Presentation 1Q2024
 
How Automation is Driving Efficiency Through the Last Mile of Reporting
How Automation is Driving Efficiency Through the Last Mile of ReportingHow Automation is Driving Efficiency Through the Last Mile of Reporting
How Automation is Driving Efficiency Through the Last Mile of Reporting
 
High Class Call Girls Nagpur Grishma Call 7001035870 Meet With Nagpur Escorts
High Class Call Girls Nagpur Grishma Call 7001035870 Meet With Nagpur EscortsHigh Class Call Girls Nagpur Grishma Call 7001035870 Meet With Nagpur Escorts
High Class Call Girls Nagpur Grishma Call 7001035870 Meet With Nagpur Escorts
 
Interimreport1 January–31 March2024 Elo Mutual Pension Insurance Company
Interimreport1 January–31 March2024 Elo Mutual Pension Insurance CompanyInterimreport1 January–31 March2024 Elo Mutual Pension Insurance Company
Interimreport1 January–31 March2024 Elo Mutual Pension Insurance Company
 
Dividend Policy and Dividend Decision Theories.pptx
Dividend Policy and Dividend Decision Theories.pptxDividend Policy and Dividend Decision Theories.pptx
Dividend Policy and Dividend Decision Theories.pptx
 

Will new technologies change energy markets?—Some “macro” notes

  • 1. Will new technologies change energy markets?—Some “macro” notes Torbjörn Becker Director of SITE
  • 2. “Putin does not see the end of the era of hydrocarbons” “…common goal is to ensure that all people in the world have access to modern energy sources… …many started saying that the era of hydro-carbons was coming to an end…no real reason for such far-reaching conclusion yet. …Mankind is moving towards green energy.” President Putin at World Energy Congress in Istanbul quotes from pravda.ru
  • 3. Russia and oil—uncertain future? 0 2000 4000 6000 8000 10000 12000 14000 16000 0 20 40 60 80 100 120 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 GDP/cap USD Oil USD Russian GDP and oil price
  • 4. How will geopolitics be affected when technologies change? 7/7 6/6 1/1 1/1 6/5 2/2 ?/? 5/5 6/6 4/5 5/5 4/4 Political freedom/Civil liberty (Freedom House 1 to 7)
  • 5. 1 Welcome to SITE’s 10th Energy day