Dear all,

IEEE Lahore Section presents a talk by Dr. Masood Ahmad – Director Integrated Planning, Dominion Resources Inc.USA as follows:

Date: December 04, 2009
Venue: A-9
Time: 3:00 PM sharp

 

Title:    BUSINESS AND ECONOMICS OF ENERGY


Abstract:

Ÿ         Why energy is so important?

Relationship between energy consumption and GDP. Energy intensity and development. How big and how important is this sector?  Geopolitics of energy

 

Ÿ         What are the primary sources of Energy?

Oil, Natural Gas, Coal, Nuclear and Hydro. History, engineering, economics,  business and politics of various energy commodities. Supply, transportation and consumption. Development of trading markets - regional and global trades and transactions.

 

Ÿ         Introduction to the electric power business.

History, engineering and business of electric power.  Supply, transportation and consumption systems. Business model and market evolution. Regional and global trades and transactions.  Public and private sector owned electric utilities. Deregulation of electric power business across the globe. Rise of the IPP business. Failures and success stories of the IPP business.

 

Ÿ         Unintended consequences of energy consumption - global warming and other environmental impacts. 

Clean up movement in the west and the rise of environmental stewardship. The science and politics of global warming.  Kyoto protocol and its aftermath. Possible future paths of global warming.

 

Ÿ         New and alternative energy sources.

Energy conservation, the fifth fuel, solar, wind, ocean waves and bio mass. The science, politics and economics. Business models and the future outlook. 

 

Ÿ         Introduction to the energy sector in Pakistan. 

Various primary sources. Market structure evolution. How the public and private sector interact. Where are the main resources. Institutional and business set up. Who are the main players. What is the outlook. What needs to happen. What are the options for future. Regional cooperation needs.

 

Ÿ          Introduction to the electric power sector in Pakistan.

History and Evolution. Building of large dams. On-set of load shedding. Market evolution. Institutional and business set up. Who are the main players. What are the fuel sources. What are the future options and outlook. Policy and economic options.

 

Ÿ         Future of energy business and job opportunities in this sector.

What are the energy giants doing to position themselves. What are the governments doing and what are the large companies doing. What are the opportunities for entrepreneurs in developing or developed countries. What sort of skill sets are needed for this sector.  Where will the jobs be in the next decade?

 

Speaker Bio:

Dr. Masood Ahmad was born and raised in Multan and graduated from the University of Engineering and Technology in Lahore, Pakistan in 1986 with a Bachelor of Science degree in Electrical Engineering. After briefly working for WAPDA, he continued his education at the Georgia Institute of Technology where he received Master of Science in Electrical Engineering in 1990 and Doctor of Philosophy in Electrical Engineering in 1993.

 

Between 1993 and 2002, he held various positions at different power companies including Manger Market Analysis at Mirant Corporation, a large IPP and consultant for Privatization Commission. During this time, he worked in the areas of electric utility planning, privatization and generation development/acquisition in US, Turkey, Australia and South America including privatization of Kot Addu Plant in Pakistan and acquisition of 9700 MW of generation assets in the US Midwest for about $4 Billion.

 

Dr. Ahmad joined Dominion Resources Inc., one of the largest integrated energy companies in the US, in May of 2002 as a Manager,  Transaction Structuring. He has held various positions in business planning, market analysis, hedging, asset management and acquisition. In his current position as the Director Integrated Planning, he is responsible for developing long term plans for the company.

 

In his 20 plus years in this profession, Dr. Ahmad has been a keen student of the energy markets. Though engineer by training, he is more involved in the business and politics of energy as opposed to the technological developments. He is fascinated by the complex dynamics of business and politics that drive technological innovation in this industry. Dr. Ahmad has testified, given various presentations in the US and taught short courses in UK, Spain and Austria.

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Regards,

Thanks and regards

Ishtiaq A Bhatti

Office Manager

IEEE-Lahore Section

C/o CS Dept.

LUMS, DHA, Lahore Cantt.

Ph: 572 7616