Wednesday, 12nd April 2023
12:00 – 01:30 p.m. CET

Fondazione Eni Enrico Mattei
Corso Magenta 63, Milan
Sala Cinema

Keynote Speaker
Jorge Blazquez
Senior Advisor for the Energy Transition, bp

 

ABSTRACT

The past year has been dominated by consequences of the Russia-Ukraine war and its terrible awful toll on lives and communities. Our thoughts and hopes are with all those affected.

From an energy perspective, the disruptions to Russian energy supplies and the resulting global energy shortages seem likely to have a material and lasting impact on the energy system. The experience from the major energy supply shocks of the 1970s suggests that energy security concerns can have significant and persistent impacts on energy markets. Global energy policies and discussions in recent years have been focused on the importance of decarbonizing the energy system and the transition to net zero. The events of the past year have served as a reminder that this transition also needs to take account of the security and affordability of energy.

These issues, together with the broader implications of the energy transition, are explored in the Energy Outlook 2023 using three main scenarios: Accelerated, Net Zero and New Momentum. However, the war is continuing with no end in sight. As such, any analysis of its possible implications must be treated as preliminary.

SPEAKER

Jorge Blazquez is a senior economist specialized in energy transitions. Currently, he works as senior advisor for the energy transition and system analysis at bp. Previously, his professional career developed in both the private and public sectors. He worked as senior researcher at King Abdullah Petroleum Studies and Research Centre in Saudi Arabia. He also worked as economic advisor to the Cabinet of the Minister of Energy and at the Prime Minister’s Economic Bureau in Spain and at the Spanish Strategic Petroleum Reserve. He worked as a senior economist in a construction company and in an international bank. He holds a doctoral degree in Economics from the Universidad Complutense de Madrid and has published in top journals in the field of energy and economics.

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