tci 2013 smart specialization: how new technologies drive new opportunities for cluster development
DESCRIPTION
By Elizabeth Redman, IHS Global Inc., USA, presented at the 16th TCI Global Conference, Kolding 2013.TRANSCRIPT
Smart Specialization: How New Technologies Drive New Opportunities for Cluster DevelopmentElizabeth Redman
Breakout Session: Clusters and smart specialisation strategies: design and implementation5 September 2013
Presented by:
Elizabeth Redman
Senior Consultant
IHS Economics & Country Risk
Smart Specialization: How New Technologies Drive New
Opportunities for Cluster Development
An Example from the US Unconventionals Industry
Copyright © 2011 IHS Inc. All Rights Reserved.
Geology of Unconventional Gas
Copyright © 2011 IHS Inc. All Rights Reserved.
Source: Matthew Ganser, Carbon Lighthouse, August 2013
1,000,000 + Wells Hydraulically Fractured
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Source: Matthew Ganser, Carbon Lighthouse, August 2013
Technology Has Changed Direction
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Horizontal Fracturing is On the Rise
Source: Matthew Ganser, Carbon Lighthouse, August 2013
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US (Lower 48) Natural Gas Production by Type: 2000-2011
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Copyright © 2011 IHS Inc. All Rights Reserved.
Impact of Unconventional Fuels on the United States
9
Producing States Non-Producing States
Top 10 Other Top 10 Other
Extensive supply chain will spread economic impacts beyond producing states…
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1) Transforming import/ export dynamics
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NOTE: Net natural gas imports equals total natural gas imports minus total natural gas exports.Source: EIA
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0
50
100
150
200
250
300
350
400
2012 2015 2020 2025 2030 2035
Unconventional Oil and Gas Capital Expenditures(billions of 2012 dollars)
Unconventional Gas
Unconventional Oil
2) Driving New Investment
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3) Creating New Industries
in Producing States
Source: Kansas Geological Survey, Public Information Circular (PIC) 32
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"Come fall in Love with Louisiana all over again."
13
Image courtesy of Sasol
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Oil & Gas Extraction210,758
Profes-sional,
Scientific, and Tech-nical Ser-
vices102,294
Food Services & Drink-
ing Places
157,807
Machinery Manufactur-
ing115,730
Real Estate107,660
Whole-salers
102,294
Others2,188,625
4) Creating New Industries
in Non-Producing States
Employment Contribution in 2020, US
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5) New Innovations & Start-Ups
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new company which brings brackish water to fracking companies working in arid areas where water is expensive
“manufacturing water”: Treat produced water to reuse standards using a ceramic durable membrane during the microfiltration phase of wastewater treatment.
Using geospatial tools to cite projects
“mining water” to separate commodities of value, e.g. Lithium, calcium carbonate, etc., and restore cleaner water to CO.
Copyright © 2011 IHS Inc. All Rights Reserved.
Copyright © 2011 IHS Inc. All Rights Reserved.
© Andy Cross, The Denver Post
EcoVapor Recovery
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-
500
1,000
1,500
2,000
2,500
3,000
3,500
4,000
2012 2015 2020 2025 2030 2035
Employment Contributions of Unconventional Oil and Gas Activity
(thousands of workers)
InducedIndirect
Direct
Smart Specialization Working
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Additional Long Term Benefits
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0
50
100
150
200
250
300
350
400
450
500
2012 2015 2020 2025 2030 2035
Value Added Contributions to GDP of Unconventional Oil and Gas Activity
(billions of 2012 dollars)
InducedIndirect
Direct
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What opportunities does new
technology enable for my region?
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Thank you
• For more information on past IHS work see:
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America’s New Energy Future Volumes I & II http://www.ihs.com/info/ecc/a/americas-new-energy-future.aspx
http://www.ihs.com/info/ecc/a/americas-new-energy-future-report-vol-2.aspx?ocid=anefvol2-21350:consulting:dm:0001