Overview & Challenges of the Energy Mix

MXE-EN-P

Who should attend?

  • This course aims to provide an updated overview of the energy sector and the upcoming economic, political and environmental challenges (Covid-19, climate change, supply and demand crisis, unconventional Oil & Gas…). Participants will get a complete overview of both fossil fuels and renewable energy sources, with their respective benefits and burdens.
Public :
  • This course is geared towards engineers from the energy sectors (oil, gas, renewables, power), industrial partners, executives (banking, insurance, consulting), public administration staff, PhD and postgraduate students.

Level :Knowledge

Prerequisite :
  • Basic knowledge of the energy sector, mastery of the main economic indicators (opex, capex, cash-flow, IRR, etc.).

Course Content

  • INTERNATIONAL ENERGY SCENE - Duration : 0.5 Day

      • Energy resources: definition, characteristics, conversion factor.
      • Climate change & energy transition: supply/demand asymmetry, Kaya’s identity analysis.
      • Short and long-term forecasts (Covid-19 crisis, supply situation, climate change) and IEA scenarios.
  • OIL SECTOR ISSUES - Duration : 1 Day

      • Stakeholder’s strategy: NOC, IOC, majors, international organizations.
      • Upstream: stages and technical-economic aspects of the Exploration-Production.
      • Oil contracts and principles of oil rent sharing.
      • Downstream: refining economics and margins, capacity and new projects.
  • GAS SECTOR ISSUES - Duration : 1 Day

      • Structure of the gas value chain: production, treatment, transportation, storage.
      • Pros and cons: natural gas and LNG in the energy transition.
      • Markets & grids, introduction to gas contracts.
      • Focus on current trends: crisis, market, evolutions, technological breaks...
  • RENEWABLES ISSUES & ENERGY TRANSITION - Duration : 1 Day

      • Overview of the main renewables: solar, wind, hydro, bio, geothermal.
      • Comparison and competition: outputs, costs, availability, pros, limits.
      • CCUS technology and use of renewables in the Oil & Gas sector.
      • Stakeholders’ strategy and supply chain presentation.
  • CASE STUDIES - Duration : 0.5 Day

      • Economic calculations on Oil & Gas and renewables projects.
      • Opex, capex, revenues, assumptions, taxable income, cash flows, IRR.

Learning Objectives

  • Attendees will be able to implement the following skills:
  • Describe the main stages (upstream, downstream, trading) of the oil and gas sectors and understand the technical and economic characteristics of hydrocarbons (production, outlets, availability, market),
  • Analyze the advantages and disadvantages of each energy and interpret the evolution of factors affecting the supply and demand of the energy mix,
  • Identify the actors of the energy scene and their strategic lines (states, international organizations, public and private companies in the sector),
  • Understand the role of renewable energies in the energy mix (maturity, intermittency, carbon footprint).

Ways & Means

  • Quiz and videos on the fundamentals of the energy sector.
  • Board game about the different steps of an oil or gas project.
  • Team game on the composition of the energy mix and the role of renewables.
  • Team game on factors affecting crude prices, the upstream sector and trading.

Learning assessment

  • Participants will be evaluated during the training through quiz and exercises.

More

Coordinator :IFP Training trainers having expertise and experience in oil sector economics.

To French entities : IFP Training is referenced to DataDock ; you may contact your OPCO about potential funding. Please contact our disabled persons referent to check the accessibility of this training program : referent.handicap@ifptraining.com