Now in its seventh year, this flagship international capacity-building program will be held in Houston on May 7-18, 2007. We at the Center for Energy Economics, University of Texas at Austin, invite you to consider New Era for your training and capacity building needs.
New Era addresses both energy value chain fundamentals and commercial energy investment complexities with a unique integration of tools, activities and concepts. The program is especially useful for public and private decision makers engaged in energy sector investment, reform and development in their home countries; and commercial managers engaged in international project and business development. New Era emphasizes the relationship between energy value chain economics, technology, and operations with policy and regulatory frameworks necessary to host commercially successful investment.

The program includes in-class sessions, team projects and site visits and builds on CEE’s extensive inventory of international case studies. Key activities for the 2007 session include the following.
A “global scan” and dialogue on strategic planning and forward outlooks for energy fuels, technologies, and markets.
Fundamentals of the energy value chains and detailed examinations of the oil (upstream to refining), natural gas (upstream, midstream, liquefied natural gas or LNG, and downstream) and electric power (generation, transmission, distribution) business segments.
Key commercial frameworks requirements including upstream contracts and agreements, tariffs and other pricing mechanisms, as well as analysis of critical framework issues such as price subsidies, risk management, and arbitration.
Commercialization topics such as technology trade offs; “smart development” skills for managing environmental, social, and other “soft” risks; and commercialization skills such as negotiation and strategic planning.
New Era delegates benefit from abundant opportunities for networking with other delegates, guest speakers, and the U.S. and global energy businesses based in the Houston region. Site visits for 2007 may include a green field LNG import terminal; midstream and end use applications for natural gas; energy regulatory agencies; and an electric power control center.
Over the past six years, program participants have come from state-owned, local and international energy companies; ministries; regulatory agencies; news media and universities. Countries represented in the New Era programs since 2001 are: Algeria, Angola, Bangladesh, Brazil, Chile, China, Colombia, Cote d’Ivoire, Ecuador, Gambia, Ghana, Honduras, Indonesia, Iraq, Kenya, Korea, Mexico, Namibia, Nigeria, Peru, Republic of Congo, Republic of Georgia, Trinidad & Tobago, Turkey, Turkmenistan, the United States and Venezuela. In addition to our CEE and UT experts, we include distinguished guest instructors from the CEE’s large, global network of leading government institutions, nongovernmental organizations, and public and private corporations.
The participation fee is $4,950 per delegate (or $4,500 if payment is received before March 1, 2007). This fee covers program tuition, course materials, program site visits, living accommodations for the days of the program, and selected meals.