Understanding future gas demand to 2050 - impact of renewables, hydrogen and unrealistic expectations

With Norrie Stanley and Jon Suller 0

Friday, January 24, 2025, Webinar, Online

Watch the video here


Future gas demand is something all subsurface energy professionals would benefit from a better understanding of. In this webinar, two energy experts will share their perspective.

We will hear from Norrie Stanley, major risk reviewer, Infrastructure and Projects Authority (IPA) and Co-founder of RPS Energy gas commercial practice, former Senior VP Commercial Upstream and Gas, Power and Renewables, BP; and Jon Suller, owner, EPD Energy Ltd, former Director of Capability, E&P Commercial with BP.

Future gas demand has multiple components. It is linked to overall energy demand, since gas will be a big component under all scenarios to 2050. Gas demand is also driven by the growth in electricity consumption and decline in the use of coal, and filling the intermittency gap in renewable generation. Gas will also be used to make blue hydrogen.

A growth in heat pumps will mean less demand for gas for heating, but higher electricity demand, which will itself require more gas. Hydrogen may ultimately displace some gas markets, but the future hydrogen supply will be partly made from gas.

The role of hydrogen as an energy carrier will be constrained by the substantial energy losses in the chain.

Pace is important. The rate of implementation of renewables, electricity grid build-out, displacement of coal, heatpumps, and decarbonising industry will drive gas demand to 2050.

Agenda

13:00 Norrie Stanley - Co-founder of RPS Energy gas commercial practice - RPS Energy Gas in the energy transition Norrie is a Chemical Engineer with over 35 years of experience in the oil and gas sector. His career has included working for Exxon, British Gas, British National Oil Corporation, Britoil and BP. Norrie’s most recent roles in BP were as the Head of Gas Marketing in the UKCS, Head of Gas International, Business Unit Leader of BP’s E&P activity in Russia, and Senior Vice President Commercial for Exploration & Production and for Gas, Power and Renewables. RPS Energy RPS Energy provides a range of technical, commercial and project management support services to the international energy industry, covering geoscience, engineering and HS&E, with offices around the world.

13:20 Jon Suller - owner - EPD Energy Gas in the energy transition An experienced Oil & Gas Commercial Business manager with a track record of innovation and delivery. Geological and Reservoir Engineering background focusing on development appraisal and unitisation of major US and UK fields. Subsequent commercial roles in economic evaluation, risk modeling, deal negotiation and contract development. Ultimately responsible for globally managing E&P commercial capability and transforming the commercial training offer. EPD (Energy) Ltd working with ex BP and Shell senior executives to provide commercial training to the E&P business, governments and academia. EPD courses offer a distinctive approach to training by focusing on the underlying commercial “why” questions in commercial contracts from access to gas sales. Learning is enabled throughout the courses by use of a case study in which participants explore the counterpoint view of the parties involved. EPD Energy EPD specialises in development and delivery of commercial training focussing on gas and renewables industries. Delegates are continuously engaged through: active questioning; developing and applying frameworks to understand and manage complexity; and lastly by applying the learning in integrated case studies which run throughout the course. Course feedback is consistently outstanding - "best commercial training I have ever taken", "learnt by applying ideas in actual business case".

Sponsors of this event

Registered Delegates

Mike Cooper MD 1st Subsurface United Kingdom	Robert Gales Chief Geoscientist Halliburton United States	Richard Walker Geophysical Consultant Richard Walker Geoscience Ltd United Kingdom
Martin Cox Director ABerdeen Drilling Management Ltd United Kingdom	Mike Simmons Technology Fellow (Geosciences) Halliburton/Neftex United Kingdom	Reed Robinson Project Manager Robinson United States
William Petrie Director ADM	Graham Heard Exploration Director Horizon Energy Partners Limited United Kingdom	Denis MOUGENOT Chief Geophysicist - retired as consultant Sercel-retired France
ALASDAIR DUNCAN DIRECTOR ALBA ENERGY Singapore	Mike Larsen Director Metastream Ltd United Kingdom	Aaron Lockwood Software Sales Manager - EAME Shearwater Geoservices United Kingdom
Diwin Amarasinghe Geophysical Specialist Consultant United Kingdom	Keith Nunn Managing Director Nunngeo Consulting Ltd United Kingdom	David Round Stifel
David Boote DBConsulting Ltd United Kingdom	Sebastien Duc Group Geoscience Manager Perenco United Kingdom	Tunde Salami Tedros
Greg Coleman CEO Future Energy Partners United Kingdom	Carlo Buscaglia Subsurface Team Lead Petrofac United Kingdom	Adrian Temple-Brown Researcher and Activist Wiltshire Climate Alliance United Kingdom
Simon Cushing Research Director Gartner United Kingdom	Richard Herbert Director R Herbert Associates United Kingdom	ADRIANA MANTILLA-PIMIENTO Senior Advisor Xcalibur Smart Mapping Spain
Mateusz K?dzierski Regulatory Manager GASPOL S.A. Poland	Steven McTiernan Retired United Kingdom