NCAC Lunch PresentationDate: 19 January 2018
Time: Doors open at noon, presentation begins at 1pm
Location: Carmine's Restaurant, 425 7th St NW, Washington, D.C. 20001 (near Gallery Place/Chinatown Metro)
Topic: "Natural Gas Revolution, Meet the Battery Revolution"
Speaker: Dr. Benjamin Schlesinger, founding president of Benjamin Schlesinger and Associates, LLC
Description: The shale revolution has made U.S. natural gas plentiful and cheap. As battery prices fall, affordable storage could bridge the gap between renewables and around the clock reliability in power generation. In this presentation, Dr. Schlesinger will explore the emerging competitive flash-points, and discuss from his work, gas markets that are at risk from a battery revolution, and vice versa. He will discuss the key price cross-overs, how the timing might unfold, and think long-term about how low-cost batteries could ultimately affect the future of gas markets.
About the Presenter: Frederick Lawrence is the Vice President for Economics and International Affairs at the Independent Petroleum Association of America where he has worked since 1999. The IPAA is the national association that represents approximately 7,000 independent crude oil and natural gas explorers in the US. He provides industry analysis and statistics to membership, Congressional and Administration staff, media, and public including the Declaration of Independents oil analysis, state-level data in the Oil and Gas Producing Industry in Your State and the International Primer. He serves as staff liaison for the International and Supply & Demand Committees.
Dr. Schlesinger, founding president of BSA, LLC, is one of North America’s leading independent energy consultants, specializing in gas and electricity marketing, pricing, infrastructure, trading practices, strategic planning, and power plant development worldwide. He has nearly four decades of experience in managing and carrying out engineering/economic analyses of complex energy issues, with particular focus on North American energy commodity movements and pricing, policies and programs. He has advised over 600 clients in the U.S., Canada, and 25 other countries, including the top utility, energy trading and producing, manufacturing, regulatory, educational, private power, and financial services companies. A former vice-president of the American Gas Association, Dr. Schlesinger has testified before the U.S. Congress and in 16 states and provinces on the direction of the gas industry, gas contracting, purchase and sales prices, royalty valuations, market value, hedging and risk management, and related industry practices. Dr, Schlesinger is a senior fellow and past president (2011) of the US Association for Energy Economics, and served on the NYMEX Gas Advisory Committee helping to create and guide the highly successful natural gas futures contract. He currently teaches a graduate level course in energy economics at the University of Maryland’s School of Public Policy