THE NEXT ENERGY WAVE
Almost a century ago Winston Churchill declared oil the key to the "Prize." Today, the same can be said not only for oil, but also for natural gas and electric power-and for new technologies. Escalating demand and spiking prices, a more integrated world economy, unexpected natural disasters, geopolitical tensions, environmental imperatives, and technological challenges-all of these are adding to the pressures on the global supply system. This Special Report is a compilation of articles published by CERA experts in The Wall Street Journal during CERAWeek 2006, the 25th anniversary of CERA's annual Executive Conference.
- The energy industry is responding to growing oil, gas, and power demand with massive investments in infrastructure and supply.
- New technologies are bubbling across the energy spectrum, from new ways to develop and deliver the world's current energy supplies to alternatives and renewables and "smart" demand.
- The industry is seeking and finding solutions to great strategic and management challenges compounded by the ever-present risks of price volatility, access to resources, politics and regulation, and technological changes.
