About the World Economic Forum
The World Economic Forum is an independent international organization committed to improving the state o the world byengaging leaders in partnerships to shape global, regional and industry agendas. Incorporated as a oundation in 1971 andbased in Geneva, Switzerland, the World Economic Forum is impartial and not-or-proft; it is tied to no political, partisan or national interests. (www.weorum.org)
About IHS CERA
IHS Cambridge Energy Research Associates, Inc. (IHS CERA) is a leading advisor to energy companies, governments,fnancial institutions, technology providers and consumers. IHS CERA delivers critical knowledge and independentobjective analysis on energy markets, geopolitics, industry trends and strategy. IHS CERA’s expertise covers all major energy sectors – oil and refned products, natural gas, coal, electric power and renewables, as well as energy demand,climate and efciency – on a global and regional basis. IHS CERA’s team o experts is headed by Chairman Daniel Yergin.He is the author o
The Prize: The Epic Quest for Oil, Money and Power,
or which he won the Pulitzer Prize, and o
TheCommanding Heights: The Battle for the World Economy.
(www.ihscera.com)IHS is the leading source or critical inormation and data or the upstream oil and gas industry worldwide. It also providesinsight on the global economy, security and the standards under which the world’s industries unction. (www.ihs.com)
About the Energy Industry Partnership
The Energy Industry Partnership (IP) programme o the World Economic Forum provides the CEOs and senior executiveso the world’s leading companies and select energy ministers an opportunity to engage with their peers to defne andaddress the critical issues acing the industry throughout the year. The Forum’s commitment to deliver sustainable socialdevelopment ounded upon economic progress is rooted in identiying, developing and acting upon these specifc issues. The Energy Community Leader or 2010-2011 is Gérard Mestrallet, Chairman and Chie Executive Ofcer, GDF SUEZ. As per January 2011 the Energy Industry Partner companies include: ABB Ltd, Applied Materials Inc, BP Plc, Centrica Plc, Chevron Corporation, Current Group, DTEC/SCM, Duke Energy,Edison SpA, EGL, EnBW, ENI SpA, E.ON AG, Eskom Holdings Limited, Essar Group, Exxon Mobil Corporation, Fluor Corporation, Fortum Corporation, Gamesa Corporación Tecnológica SA, Gazprom Net, GDF SUEZ SA, General Electric,GridPoint Inc., Iberdrola Energia, IHS CERA, JSC RusHydro, Kuwait Petroleum Corporation, Lukoil Oil Company,Mitsubishi Corporation, Nexen, Petroleo Brasileiro SA Petrobras, PTT Public Company, Reliance Industries, Renova Group,Royal Dutch Shell Plc, RWE AG, Sasol Limited, Saudi Aramco, Siemens AG, SK Group, SOCAR, SPX Corporation, Statoil ASA, Suzlon Energy Limited, Talisman Energy, Tatnet, The Dow Chemical Company, Tokyo Electric Power Company, Total, Trina Solar, Vattenall AB and Vestas Wind Systems A/S.
About the Advisory Board
The Advisory Board helps drive the Industry Partnership towards analysis, insights and conclusions that ulfl the Forum’smission. It helps ensure the quality o Industry Partnership meetings, reports and projects. The Advisory Board currentlyconsists o the ollowing experts:
Chie Economist and Head, Economic Analysis Division, International Energy Agency (IEA), Paris
Thomas D. Cabot Proessor o Public Policy and Proessor o Economics, Harvard University, USA
Chairman, IHS CERA, USA
World Economic Forum
91-93 route de la CapiteCH-1223 Cologny/GenevaSwitzerland Tel.: +41 (0)22 869 1212Fax: +41 (0)22 786 2744E-mail:
© 2011 World Economic Forum. All rights reserved. No part o this publication may be reproduced or transmitted in any orm or byany means, including photocopying and recording, or by any inormation storage and retrieval system.