The Coming Energy Transition: Value Metrics and Alternatives to Consider Now
Energy companies have no shortage of strategic alternatives to consider in the coming transition away from fossil fuels and toward renewables. Investments can be made in solar, natural gas, carbon capture, methane reduction, or biofuels to name a few. In this changing energy landscape, new value measures have emerged as well. Should companies focus on carbon intensity (gCO2e/MJ) or their absolute emissions (CO2e)? How should NPV and other economic value measures be weighted relative to environmental value measures?
Alternatives and values are intricately linked and critically important for quality energy transition decision making. Clear value measures can help in identifying which alternatives to consider—and which one to select.
View this informative webinar—the first in our series on this topic—to learn how companies are thinking about energy transition strategy, value measures, and alternatives. While the focus is on the oil & gas companies at the heart of energy transition, others may find value in the material.
Eric Bickel is Professor and Director of the Graduate Program in Operations Research & Industrial Engineering at The University of Texas at Austin. His research interests include the theory and practice of decision making under uncertainty and its application to business strategy and public policy. Outside of his work in academia, Eric leads strategy engagements for clients in oil & gas and power; he is a partner and member of the board of directors of management consulting firm Strategic Decisions Group.
Carl Spetzler is an author, speaker, and consultant with more than 40 years of experience working with top management and boards to make value-creating strategic decisions in the face of uncertainty. He is a co-author of Decision Quality: Value Creation from Better Business Decisions (Wiley, 2016). Carl is chairman and CEO of management consulting firm Strategic Decisions Group.