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Energy Security Sustainable, Affordable, Reliable, Access to Diverse Energy Supplies Wealth/Power/Influence Market Dynamics Energy Frontiers Spare Capacity.

Published byGuadalupe Shum Modified over 10 years ago

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Presentation on theme: "Energy Security Sustainable, Affordable, Reliable, Access to Diverse Energy Supplies Wealth/Power/Influence Market Dynamics Energy Frontiers Spare Capacity."— Presentation transcript:

1 Energy Security Sustainable, Affordable, Reliable, Access to Diverse Energy Supplies Wealth/Power/Influence Market Dynamics Energy Frontiers Spare Capacity Private and Donor Finance Innovation & Investment Access to Electricity/ Regional Interconnection Tariffs and Regulations Renewable/Efficient/Clean Technology Resources: Budgets/People Energy Poverty Markets Amid Poverty Entrepreneurship/Innovation 1 Managing the Geopolitics of Energy Stimulate Markets for Energy Transformation Transparency, Governance, and Access to Energy

2 U.S. Petroleum Imports from Top 15 Suppliers Total ~ 10,000 barrels per day, 2011

3 U.S. Production By Fuel, 1980-2035 Source: U.S. Energy Information Administration, AE0 2012 3 30 198019902000201020202035 Quadrillion Btu 20 10 0 2010ProjectionsHistory Coal Natural Gas Nonhydro renewables Liquids Nuclear Hydropower

4 U.S. Shale Gas Production, 2000-2011 Source: EIA, Lippman Consulting (2010 estimated) shale gas production (dry) billion cubic meters 4

5 United States Natural Gas Supply by Source Source: EIA, Annual Energy Outlook 2012 5 U.S. dry gas production trillion cubic feet per year 2% Non-associated offshore ProjectionsHistory Associated with oil Coalbed methane Non-associated onshore Shale gas 2010 10% 7% 9% 7% 21% 23% 9% 7% 49% Alaska 1% Tight gas 26% 21%

6 Taking Measures to Improve Environmental Performance U.S. Federal Agencies Secretary of Energys Advisory Board Subcommittee on Shale Gas Production (SEAB): http://www.shalegas.energy.gov/ http://www.shalegas.energy.gov/ White House-led Interagency Task Force Environmental Protection Agency – Report on Impact of Water and Regulations on Emissions from Hydraulic Fracturing Bureau of Land Management – Proposed Regulations; Disclosure of Chemicals used in Hydraulic Fracturing Process Department of Energy – National Laboratories Research and Development U.S. State Agencies Establishing Regulations for Chemical Disclosure (Texas, Wyoming, Arkansas, Colorado, Pennsylvania, and Oklahoma) Establishing Regulations for Baseline Measurements on Water Quality (Pennsylvania, Colorado) Reduced Emissions Completions (Wyoming, Colorado, parts of Texas) Improve Public Access to Information (Website Management) Public-private partnerships or mechanisms FracFocus: Website on Chemicals Transparency STRONGER: Evaluates and Shares State Regulatory Policies 6

7 World Gas Trade & Landed LNG Prices (April 2012) Henry Hub $2.22/MMBtu UK $9.01/MMBtu Japan & South Korea $15.25/MMBtu India $13.65/MMBtu 7

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