This webcast features perspectives from operational technology (OT), information technology (IT) as well as the general industry outlook, to provide attendees insight into the challenges utilities are facing today as well as a holistic view into smart grid strategies to more...
Grid threats increase daily - from foreign foes, terrorists, criminals and hackers. Utilities are tasked with guarding against a rising tide of potentially disruptive intrusions into their power grid and electronic networks. What will it take to keep the power more...
Monday Jun 24, 2013
- Tuesday Jun 25, 2013 -
Philadelphia, Pennsylvania - USA
Data Informed´s Marketing Analytics and Customer Engagement provides marketing, sales, and customer support managers with the information they need to create an effective data-driven customer strategy. more...
Karol Mazur is pursuing research master degree in Economics at
Institute of Advanced Studies in Vienna, Austria. He also holds BA in
Economics from Warsaw School of Economics. His dissertation is on
shale gas in the United States of America and assesses its economics
and influence on US and world natural gas markets. Karol has
relatively early gathered substantial professional experience through
completion of numerous traineeships with major research institutions,
international banks, investment management and construction companies.
Karol can communicate fluently in Polish, English and German.
Since 2007, when vast amounts of shale gas in the United States have been tapped, US natural gas production has significantly grown by 20% causing sharp fall in Henry Hub's natural gas spot price. Consequently, this turned industry's attention to profitability of shale gas extraction. In the middle of this September spot gas in the USA was trading at levels of up to 3.00 USD per MMBtu which may still not be the level equalizing market price with individual producers' marginal costs.
Three weeks ago on Friday night in Hamburg, while having a pint of German beer in world-famous St. Pauli district, I met a friend, Michael, an engineer working for one of Germany's leading onshore windmills producers. After a short while our discussion focused on his work and energy economics in Germany after controversial decision of Chancellor Merkel to abandon the power of the atom. In light of it I would like to attempt to sum up current situation of Germany's energy supply-side market.