While fossil fuels remain our main energy source, the global markets for these commodities are undergoing reconstruction. From exploration, production and refining to the end customer - the rules of the global commodity markets for fossil fuels such as oil, natural gas and coal are currently changing dramatically. Among other factors, this is due to technological developments in production techniques (e.g. fracking) and the corresponding new suppliers of petroleum products and natural gas. They come from countries that were almost completely dependent on fossil energy imports just a few years ago.
Production of crude oil
Economically exploitable resources of natural gas, oil and coal are at our disposal, even in the long run. This is helpful from a consumer perspective, since fossil fuels are characterized by their simple and comparatively inexpensive production technology. They therefore represent to the consumer a convenient source of energy for heat, transportation and other purposes. On the other hand, the large amounts of CO2 and other environmentally harmful pollutants released during the combustion of oil, natural gas and coal are partially responsible for climate change. Policymakers in industrialized countries have made it very clear: in the long term – by 2050 – we need to completely abandon the use of fossil fuels.
European power supply companies, whose business models are based on the use of fossil fuels, must learn to adapt to the new global framework, tackle new competitors and meet the political desire to abandon the use of fossil resources.
We support you efficiently and sustainably: we can help you to identify future trends in the field of the extraction and use of fossil fuels, thanks to our proven economic resource analyzes. We provide the basis for making sound decision on the development of your company, with forecasts and scenarios of the global consumption development of fossil fuels, including assessments of individual cost and technology developments.
Client: Gas supply company
In this project, in cooperation with scientific institutions, we calculated medium-term forecasts for the future development of European demand for natural gas by industrial customers. Furthermore, we analyzed the future role of natural gas infrastructure, based on modeling (in particular of pipelines and natural gas storage facilities) and their best possible operation in an increasingly competitive market environment.
Client: Industrial company
For this project, we focused on investigating German lignite mining and its role as a fuel in the future energy mix - especially in the context of electricity generation. We take account of European long-term climate protection targets, as well as the long-term proportion objectives for European renewables. Of course, in this project, we considered the security of supply aspect in terms of dependence on energy imports at the primary energy level.
Client: Energy supply company
This project saw us develop possible medium and long-term strategies for the diversification of a procurement portfolio. To this end, we evaluated different supplier countries and transport routes in terms of their costs and their procurement risks. As a result, we developed a long-term strategy to diversify a procurement portfolio under uncertainty.