4.ace2013 mit pune the doodlebuggers

ACE - The Case Challenge

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By- The DoodlebuggersUmang PatelTanuj Sahny

Pratiksha TathedShreyash Yengandul

Why energy security?• India fourth largest consumer of energy.• Transportation and Industry sectors are the main

consumers of fossil fuels.

Production (Mtoe)

Consumption (Mtoe)

Oil 40.4 162.3

Gas 41.5 55.0

Coal 222.4 295.6

• India consumes much more than it is capable of producing

• For India to emerge as a strong and stable economy, it must reduce it’s dependency on other countries on the energy front.

What can be done to make India energy secure?

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Energy Saving

Measures

Hydrocarbon exploration &

Unconventional sources

Alternative Fuels

Energy Security

Technology &

Innovation

Need for Energy saving in Industries, Transportation & Household.•Use of efficient tools and processes in manufacturing.•Use of public transportation/ mass transportation.•Encouraging use of electric vehicles.•Implement green building concept for energy saving.

• Increasing extent of exploration activities to achieve high probability of finding resources.

• Increasing well explored area for the oil and gas from 22% to higher.

• Focus exploration activates on deepwater and ultradeepwater horizons.

• Boost exploration in unconventional resources such as CBM, tight gas, shale gas.

• Use of advanced seismic marine techniques.

• Aggressive government policies on use of solar , wind, tidal, biofuels and nuclear resources as much as possible.

• Cost reduction of equipments relating to alternative fuels.

• Use of advanced technology for the Exploitation of mature field and increase recovery factor.

• Emphasis on Research & development center and automation to improve efficiency.

• Use of Innovative Techniques as solar tower, electric motor, smart grid, biogas plant in small and large scale.

• Improve technology to overcome limitations for the marginal fields.

To Achieve Energy

Security

Government policies

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What measures can be adopted by government to boost domestic

exploration of oil and gas?

Unconventional sources

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Technology

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Acknowledgement

•Dr. P. B. Jadhav (Head of Department of Petroleum Engineering)•Dr. L. K. Kshirsagar (Principal, MIT, Pune)

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Real wealth is

Ideas + Energy.

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Thank You

Any ???