Presentation of The World of Energy, present situation and perspectives with the technical & economical aspects. A zoom on the economic evaluation of industrial projects.

The agenda is scheduled for 5 half-days, with individual and group exercises. 3 items per days. The format can be flexible.

I) Energy Global Issues

I-1) Energy in the Global Economy

I-2) Climate Change Challenges

I-3) Impact of Geopolitical Events

I-4) Oil & Gas Industry Fundamentals

I-5) Renewables

I-6) Coal Industry

I-7) Nuclear Industry

II) Petroleum & Energy Economics

II-1) What do we mean by Project?

II-2) Oil Upstream Economics/Generalities

II-3) Capital Investment Decision/Which Economic Criteria?

II-4) The Impact of Taxation

II-5) Economic calculation – One example

II-6) Projects Costs Estimates and Projects Costs Monotoring

III) Competitiveness of Energy Sources

III-1) Economic cycles in the Industry

III-2) Energy Economics – LCOE

Annex 1: Equivalences & Conversion Factors

Annex 2: Reminder – Basics Thermodynamics