Energy companies have no shortage of strategic alternatives to consider in the transition away from fossil fuels and toward renewables. Investments can be made in solar, natural gas, carbon capture, methane reduction, or biofuels to name a few. In this changing energy landscape, new value measures have also emerged.
Should companies focus on carbon intensity (gCO2e/MJ) or their absolute emissions (CO2e)? How should NPV and other economic value measures be weighted relative to environmental value measures?
Alternatives and values are intricately linked and critically important for quality energy transition decision making. Clear value measures can help in identifying which alternatives to consider—and the one to select.
Watch this informative webinar to learn how companies are thinking about their energy transition strategy, value measures, and alternatives.
Eric Bickel, Ph.D.
Professor and Director, Graduate Program in Operations Research & Industrial Engineering
Eric Bickel is a professor and director of the Operations Research & Industrial Engineering program at The University of Texas at Austin. In addition, he holds a courtesy appointment in the Department of Information, Risk, and Operations Management in the McCombs School of Business and is the Academic Director of the Strategic Decision and Risk Management (SDRM) certificate program. He also directs the Center for Engineering and Decision Analytics (CEDA) and the Engineering Management program.
His research interests include the theory and practice of decision analysis and its application to corporate strategy, public policy, and sports. His work has been featured in The Wall Street Journal, The New York Times, The Financial Times, and Sports Illustrated. In addition, Professor Bickel and his research are featured in the documentary Cool It. His research into climate engineering was named as the top approach to address climate change by a panel of economists, including three Nobel Laureates. He has also been a guest on the MLB Network show Clubhouse Confidential.
Carl Spetzler, Ph.D.
CEO and Chairman, Strategic Decisions Group
Dr. Carl Spetzler co-founded Strategic Decisions Group in 1981 and currently serves as chairman and CEO. Over the past three decades, he has worked with top management and boards of directors to improve the quality of decisions and decision-making processes in many diverse organizations. His guidance has led to innovative results such as developing revolutionary new products, redirecting and restructuring major corporations, and creating strategic alliances. In 2008, Dr. Spetzler was named one of the 100 most influential people in finance by Treasury & Risk for his work in enterprise risk management.
In collaboration with leading university partners in the field of applied decision science, Dr. Spetzler oversees the Strategic Decision and Risk Management certificate program, a high quality decision-making professional educational program for leaders around the world. He is a Life Trustee of the Illinois Institute of Technology, Chairman of the Decision Education Foundation, and a past the recipient of the Ramsey Medal, the highest honor awarded by the Decision Analysis Society of INFORMS. Dr. Spetzler is also the lead author of the 2016 book Decision Quality: Value Creation from Better Business Decisions with Hannah Winter and Jennifer Meyer (Wiley, 2016).
Deconstructing Rumors in the Workplace
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