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Development Trends in Energy: An Emergent Technology Calvin Speight, Jr., PMP, CCC, MRICS

Development Trends in Energy - Calvin Speight, Jr

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Page 1: Development Trends in Energy - Calvin Speight, Jr

Development Trends in Energy: An Emergent Technology

Calvin Speight, Jr., PMP, CCC, MRICS

Page 2: Development Trends in Energy - Calvin Speight, Jr

Objectives

Identify the Trends in Energy-related Technology Advancements

Identify the Skills Gaps in the Energy Sector

Identify Hot Skills and Certifications Required for this Growing Field

Page 3: Development Trends in Energy - Calvin Speight, Jr

Identify the Trends in Energy-related Technology Advancements

Impact of Energy Technologies in Commercial & Federal Markets

Identify the Educational Skill-sets Needed

Identify Certifications Required for this Growing Field

Table Of Contents

Page 4: Development Trends in Energy - Calvin Speight, Jr

The Top Energy Trends for the 21st Century

Energy efficiency can save up to one-third of current energy usage

Oil-dominated energy is politically and economically unsustainable as a reliable source

of fuel for the future

Nuclear power is here to stay, including new approaches like small modular reactors

Clean, renewable energy sources such as solar, hydrogen and wind will be essential

for future productivity

Distributed generation exchanges centralized generation for localized production, thus

reducing the investment outlay for new plant assets

Demand-side management can provide both “intelligence” and resilience to the electric

grid by shaping the behavior of customers

Exciting new energy frontiers are emerging such as nanotechnology which will offer

promising alternatives to traditional sources of energy in the future.

Page 5: Development Trends in Energy - Calvin Speight, Jr

Energy Trend: Biofuels

Biomass Feedstocks Biofuels Process

5

Page 6: Development Trends in Energy - Calvin Speight, Jr

Energy Trend: Hydrogen

Nuclear Fusion Home Fuel Cell

6

Page 7: Development Trends in Energy - Calvin Speight, Jr

Energy Trend: Nanotechnology

Nantenna (Nanoantenna) Nanowire Battery

7

Page 8: Development Trends in Energy - Calvin Speight, Jr

Energy Trend: Solar

Concentrated solar power (CSP) Solar Roadway

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Page 9: Development Trends in Energy - Calvin Speight, Jr

Energy Trend: Transmission & Distribution

Wireless Energy Transfer Smart Grid

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Page 10: Development Trends in Energy - Calvin Speight, Jr

Table Of Contents

Identify the Trends in Energy-related Technology Advancements

Impact of Energy Technologies in Commercial & Federal Markets

Identify the Educational Skill-sets Needed

Identify Certifications Required for this Growing Field

Page 11: Development Trends in Energy - Calvin Speight, Jr

Focus on Energy Efficiency

Energy efficiency can save up to one-third of current energy usage

Technologies such as compact fluorescent light-bulbs (CFL’s) and light-emitting diodes

(LED’s) can reduce consumption for lighting up to 90%

As such, opportunities for reduced consumption through either behavior modification (e.g.

run appliances at night) or replacement with more efficient appliances can be found

Building standards such as Leadership in Energy and Environmental Design, or LEED cost

an average 2-5% more, yet reduce building costs around 20%

“The potential for a self-sustaining growth market in energy efficiency (EE) is

real and significant, but the path for fulfilling this potential is not as

straightforward and well-lit as the public dialogue would indicate.

Improvements in the business environment for EE—the nurturing of a business

ecosystem that recognizes more of the value of EE—are key and achievable

through clear, prioritized actions for business and government. “ Booz Allen

Page 12: Development Trends in Energy - Calvin Speight, Jr

Focus on Energy Efficiency: Why is the Path Difficult?

Work needs to be done with utilities and real estate owners to develop the full value of

energy efficiency (EE)

Markets must be tested for ways to aggregate the demand for EE improvement

Market-driven underwriting standards and other protocols are needed to determine risk

Participation is needed in an open data environment on EE performance challenges

Page 13: Development Trends in Energy - Calvin Speight, Jr

Focus on Renewable Energy

With today’s growing environmental concerns, ongoing photo-voltaic (PV) technology

improvements and cost reductions, solar PV appears to be entering an era in which it will

play an increasingly important role in meeting the world’s energy needs.

An additional 1,000,000 onshore and 100,000 offshore wind turbines would meet a

quarter of the world’s electricity needs by 2050 (Source: Ecofys 2010)

In an effort to increase America’s energy independence and reduce greenhouse gases,

Congress has mandated that an increasing amount of the country’s transportation fuel be

made up of ethanol and other biofuels

Researchers are developing a more efficient and less expensive alternative to lithium-ion

batteries that could increase range per charge to 150 miles

“The energy industry is working to keep pace with advances in technology and

shifts in the economic and political landscape. However, the industry’s

operating environment is fraught with new risks and challenges. Emerging

Cyber threats, alternative energy technology, and the current economic crisis

are among the factors impacting companies across the industry.” Booz Allen

Page 14: Development Trends in Energy - Calvin Speight, Jr

Focus on Renewable Energy: Addressing the Challenges

During my tenure at Booz Allen…

We ensure that clients understand what their options are, and where these processes

stand in technical maturity

The client is advised on the status of the current technology, what’s coming down the

road that they may want to keep an eye on, and provide guidance on where they may

want to fund additional research

In addition, our team conducts market analyses so that agencies and cities will know

when to make the right kinds of investments in alternative-fuel vehicles

Through similar market analyses, our team advises major oil companies on the

economics of biofuels, and helps investment houses develop biofuels-investment

strategies for their clients

Page 15: Development Trends in Energy - Calvin Speight, Jr

Focus on Demand-side Management (Smart-Grid)

Customer end uses are controlled directly by the utility through a “switch” or other

comparable two-way communication-capable control device

Dynamic pricing includes rate designs that are time-varying and reflect the higher cost

to the utility of providing electricity during the peak period of the day

Smart-grid can spur the usage of electric vehicles (EV’s) and plug-in hybrid electric

vehicles (PHEV’s) by incentivizing overnight charging of vehicles

As a part of critical infrastructure, smart-grid will require cyber-security expertise for

resilience

– Resiliency is defined as the capability of a system to maintain its functions and structure in the face of internal and external change and to degrade gracefully when it must

“The Smart Grid offers incredible potential, but at the risk of opening the entire

grid to outside exposure, and attack. No one would ever want to see our energy

delivery interrupted or damage done to these key assets, whether by foreign

states, criminals, “hacktivists” or even current or past employees.” Booz Allen

Page 16: Development Trends in Energy - Calvin Speight, Jr

Focus on Demand-side Management: DOE Partnerships

The U.S. Department of Energy (DOE) started the Advanced Research Project Agency-

Energy, or ARPA-E in 2009 for $400M

The agency identifies and invests in high-potential energy technology breakthroughs

One outcome of federal partnership is the “Energy Security Game,” a U.S. Department of

Defense (DoD) study that tested the ability to deal with energy disruptions at military

bases and other facilities

By combining the efforts and knowledge-sharing of federal agencies, the protection of the

electric grid from cyber-attacks is greatly enhanced

Page 17: Development Trends in Energy - Calvin Speight, Jr

Table Of Contents

Identify the Trends in Energy-related Technology Advancements

Impact of Energy Technologies in Commercial & Federal Markets

Identify the Educational Skill-sets Needed

Identify Certifications Required for this Growing Field

Page 18: Development Trends in Energy - Calvin Speight, Jr

Education is Critical to the Energy Sector Science, Technology, Engineering and Mathematics (STEM) Degrees

– Chemical Engineering

– Chemistry

– Civil Engineering

– Computer Science

– Electrical Engineering

– Industrial Engineering

– Mathematics

– Mechanical Engineering

– Physics

Graduate Degrees

– Master of Business Administration (MBA)

– Masters in Engineering Management

– Masters in Systems Engineering

– Ph.D.

– J.D. Juris Doctor

Page 19: Development Trends in Energy - Calvin Speight, Jr

Degrees of Equality – Progress is Being Made…

Per the Organization for Economic Co-operation and Development (OECD) in 2011:

“MORE girls than boys now complete their secondary education in 32 of the 34

countries that are members of the OECD, a think-tank, according to a new report

published today. Only in Germany and Switzerland do girls lag behind. Moreover,

female graduates greatly outnumber male graduates. Overall they account for 58%

of graduates within OECD member states in 2009, the most recent year for which

data are available, up from 54% in 2000. Men, however, continue to dominate

the sciences: some 60% of science graduates are male.”

Page 20: Development Trends in Energy - Calvin Speight, Jr

Education is Critical to Your Energy Future

Chemical Engineering/

Chemistry

Electrical Engineering

Computer Science

Physics Mechanical Engineering

Civil Engineering

Mathematics Industrial Engineering

Your Energy Future

Page 21: Development Trends in Energy - Calvin Speight, Jr

Table Of Contents

Identify the Trends in Energy-related Technology Advancements

Impact of Energy Technologies in Commercial & Federal Markets

Identify the Educational Skill-sets Needed

Identify Certifications Required for this Growing Field

Page 22: Development Trends in Energy - Calvin Speight, Jr

Professional Credentials/Certification

Definition

– A designation earned by a person to assure qualification to perform a job or task

Attributes

– Most are created, sponsored, or affiliated with professional associations, trade organizations, or IT vendors interested in raising standards

– In general, must be renewed periodically, or may be valid for specific period of time

– As part of renewal process, common for individual to show evidence of continued learning (PDUs, CEUs, etc.)

What’s in it for me?

– Enhance your professional credibility by meeting the challenges of an outside agency review of your experience and knowledge.

– Validate your knowledge and the capability to professionally apply the principles of your chosen specialty.

– Verify that you are an individual dedicated to continuously improving your technical skills and professional development.

– Distinguish yourself, as a professional, to employers, clients and the industry

Page 23: Development Trends in Energy - Calvin Speight, Jr

Certifications are Critical to the Energy Sector

Certified Cost Consultant/Certified Cost Engineer (CCC/CCE)

– First offered by the AACE International (AACE) in 1976

– Accredited by Council of Engineering & Scientific Specialty Boards (CESB)

Project Management Professional (PMP)

– First offered by the Project Management Institute (PMI) in 1984

– Accredited by ANSI (American National Standards Institute)

Lean Six Sigma (6σ) – (Reduce Waste + Reduce Process Variation = Quality)

– Dominant certifying body is the American Society for Quality (ASQ); about 1980’s

– DMAIC Method: Define, Measure, Analyze, Improve, Control

– Relevant Levels: Green Belt, Black Belt, Master Black Belt

Certified Information Systems Security Professional (CISSP)

– International Information Systems Security Certification Consortium, Inc., (ISC)²® in 1994

– The CISSP was the first credential in the field of information security

Page 24: Development Trends in Energy - Calvin Speight, Jr

Any Questions?

Q&A

Calvin Speight, Jr., PMP, CCC, MRICS

Associate, Booz Allen Hamilton

[email protected]

http://www.linkedin.com/in/calvinspeightjr

Thomas Edison (1847-1931), "I'd put my money on the sun and solar energy. What a source of power! I hope we don't have to wait until oil and coal run out before we tackle that."

Page 25: Development Trends in Energy - Calvin Speight, Jr

Booz Allen Hamilton: "Lights! Water! Motion!"

http://www.boozallen.com/media/file/Lights_Water_Motion.pdf

Edison Electric Institute: http://www.eei.org/

International Council on Systems Engineering: http://www.incose.org/

Nuclear Energy Institute: http://www.nei.org/

U.S. Dept. of Energy: http://www.doe.gov/

U.S. Environmental Protection Agency:

http://www.epa.gov/cleanenergy/index.html

U.S. Green Building Council: http://www.usgbc.org/Default.aspx

Additional Resources