Energy Warfare

Honorable Branko Terzic, a former Utility CEO, Commissioner on the Federal Energy Regulatory Commission and Commissioner on the State of Wisconsin Public Service Commission and currently a Managing Director at Berkley Research Group participates in Risk Roundup with Jayshree Pandya to discuss “Energy Warfare”.

 

Overview

Science and Technology innovations have always been the backbone of economic expansion across nations. From flying shuttles to the spinning jenny, the electric motor to the diesel engine and in recent times the internet and the internet of things, each innovation has fundamentally transformed nations while ramping up the economic engine.
Innovation has always been and still is undoubtedly an important driver of economic growth. While the world is hoping to trigger large industrial innovations on the back of climate regulations, the reality remains that the nations currently live in the “Fossil Fuel Age”. The journey of hydrocarbons that started approximately a hundred and fifty years ago to now has been filled with major controversies and complex relationships between regulators and the regulated. The current climate of “regulatory carbon capture” brings not only the fossil fuels industry, but each nation: its government, industries, organizations and academia (NGIOA) its own sets of opportunities as well as risks.

Many oil producing nations seem to be in visible turmoil. If stability, security and sustainability are to be achieved, it is important to identify, evaluate and understand opportunities as well as risks facing the energy industry today and in the coming tomorrow.


About the Host of Risk Roundup
Jayshree Pandya (née Bhatt) is a visionary leader, who is working passionately with imagination, insight and boldness to achieve “Global Peace through Risk Management”. It is her strong belief that collaboration between and across nations: its government, industries, organizations and academia (NGIOA) will be mutually beneficial to all—for not only in the identification and understanding of critical risks facing one nation, but also for managing the interconnected and interdependent risks facing all nations. She calls on nations to build a shared sense of identity and purpose, for how the NGIOA framework is structured will determine the survival and success of nations in the digital global age. She sees the big picture, thinks strategically and works with the power of intentionality and alignment for a higher purpose—for her eyes are not just on the near at hand but on the future of humanity!
At Risk Group, Jayshree is defining the language of risks and currently developing thought leadership, researching needed practices, tools, framework and systems to manage the “strategic and shared risks” facing nations in a “Global Age”. She believes that cyberspace cannot be secured if NGIOA works in silo within and across its geographical boundaries. As cyber-security requires an integrated NGIOA approach with a common language, she has recently launched “cyber-security risk research center” that will merge the boundaries of “geo-security, cyber-security and space-security”.
Previously, she launched and managed “Risk Management Matters”, an online risk journal and one of the first risk publications, publishing “Industry Risk Reports of Biotechnology, Energy, Healthcare, Nanotechnology, and Natural Disasters” over the course of five years. Jayshree’s inaugural book, “The Global Age: NGIOA @ Risk”, was published by Springer in 2012.

About Risk Roundup

“Risk Roundup” is an “integrated strategic security risk dialogue” for nations: its government,  industries, organizations and academia (NGIOA) in cyberspace, geospace and space (CGS).Risk Roundup is released in both audio and video format and is available for subscription at (Risk Group WebsiteiTunesGoogle PlayStitcher RadioAndroid, and Risk Group Professional Social Media).

About Risk Group
Risk Group believes that risk management, security and peace walk together hand in hand. Though security is related to management of threats and peace to the management of conflict, risk management is related to management of security vulnerabilities as well as management of conflict, and it is not possible to conceive any one of the three without the existence of the other two. All three concepts feed into each other. Risk Group believes that the security we build for ourselves is precarious and uncertain until it is secured for everyone across nations. Tradition becomes our security-so if we build a culture of managing risks effectively it will lead us to security and security will lead us to peace!

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