Energy Finance Discussion Group

Welcome to the Energy Finance Discussion Group (EFDG) Web Page.

Please put 7:30 AM - 9:00 AM, Tuesday June 13th, on your calendar for the next Energy Finance Discussion Group breakfast.

Jill Engel-Cox, deputy director of the Joint Institute for Strategic Energy Analysis (JISEA) and director of the Clean Energy Manufacturing Analysis Center (CEMAC) at the National Renewable Energy Laboratory (NREL).  will present:

“Renewable Energy and Oil & Gas:  Current Trends and Possible Futures Together”

Energy systems are undergoing an astonishing transition in the U.S. and other regions of the world.  Renewable energy technology costs are dropping exponentially, now reaching cost competitiveness with traditional energy sources.  Advanced drilling techniques have brought new sources of oil and gas into play, reducing prices dramatically.  At the same time, consumers and communities are gaining more control over their energy use and generation, as buildings and transportation become more efficient and electrified.  Jill will share recent trends and possible scenarios around energy sources, discuss the role of manufacturing and process innovations in the cost reductions, and propose how the renewable energy and oil & gas sectors can work together to optimize toward an advanced energy future.

Jill Engel-Cox is deputy director of the Joint Institute for Strategic Energy Analysis (JISEA) and director of the Clean Energy Manufacturing Analysis Center (CEMAC) at the National Renewable Energy Laboratory (NREL). Over her 25-year career, Engel-Cox has been an engineer, researcher, program manager, and strategic planner for a diverse suite of renewable and traditional energy, clean technology, and environmental programs in the United States, Asia, and Middle East. Her first job was climbing smokestacks in Los Angeles, followed by leading industrial pollution prevention programs for small and medium sized businesses and R&D laboratories in the United States and internationally.  In the past decade, she has led international strategic planning and technology assessments for renewable energy and environmental sustainability research programs, working extensively in Malaysia and Saudi Arabia. She also teaches industrial processes and environmental communications courses at Johns Hopkins University Engineering for Professionals Program.  She has a Bachelors in Mechanical Engineering from University of Texas, Master in Mechanical Engineering from Colorado State University, and a Ph.D. in Environmental Science from the University of Maryland Baltimore County.

I recently watched a presentation that listed several solar photovoltaic electricity generation initiatives in Saudi Arabia, Kuwait, and the UAE.  The presenter listed the all in cost of electricity generation from these facilities to be between 3 and 6 cents per Kilowatt hour.  In another presentation I heard similar numbers for new solar photovoltaic generation in South America.  These costs are competitive with electricity generation from conventional (coal, nuclear, and natural gas) sources.  My father sent me an article from the local paper in Westchester County, NY discussing the early shut down of the Indian Point nuclear plant due to economic competition from natural gas.  Last spring we heard from a representative from a large coal producer expressing the difficulty coal producers are having managing regulatory compliance and competing with low cost natural gas.  I am extremely interested in hearing what Jill has to say regarding the ongoing reductions in the cost of natural gas, wind, and solar, and how this is shaping trends in the generation of electricity!

EFDG will meet at the Denver Athletic Club (DAC) in the Grand Ballroom.  DAC is located at 1325 Glenarm Place.  As the DAC will require a final head count by the Friday morning preceding our Tuesday event anyone interested in attending will need to register by Thursday afternoon (June 8th).  There will be a very significant increase in the cost of registering after Thursday, so please do sign up before this deadline.

Sincerely Andy Logan

Rocky Royalties LLC

(303)-278-3378 (M)