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Meeting 2017 TMS Annual Meeting & Exhibition
Symposium Energy Materials 2017: Materials for Oil and Gas and AMREE Oil & Gas III
Presentation Title Technological Innovation and Creative Destruction in the Energy Sector
Author(s) Ram Shenoy
On-Site Speaker (Planned) Ram Shenoy
Abstract Scope Up until 2005, conventional wisdom held that the world needed all available sources of energy, including oil & gas. Within a decade, the world went from energy scarcity to relative abundance. The technology of hydraulic fracturing disrupted global oil & gas supply. It dramatically lowered the cost of supply from unconventional reservoirs, greatly increasing the supply of available economic oil & gas. Economic competition between different energy sources is intensifying, including energy alternatives to oil & gas. What are the consequences for the global oil & gas demand outlook over the next 2 decades, and the implications for the industry? Many factors - macroeconomic, regulatory, technology and price - play a role in the global energy supply/demand outlook. We focus here on the impact of technological innovation in the various competing energy sources - both fossil-based and renewables. Innovation across a variety of scientific disciplines is discussed with particular emphasis on the impact of advances in materials on energy sources. Materials advances are changing the costs of extraction of fossil fuels, but at the same time are the foundation for making some types of renewable energy sources economically competitive. Two primary sectors, transportation and power generation are the major demand drivers for oil & gas respectively. In both cases, demand destruction has started that will continue to increase through 2030 and beyond. Driven by regulation, sustained technology progress to improve efficiency - improving mileage, or making power consumption more efficient - is moderating demand growth for oil & gas. Growing from a small base in 2015, technologies to substitute for oil & gas – alternative vehicles using electric power or biofuels, or renewables for power generation – are having a growing impact in reducing oil & gas demand through 2030. Technologies for energy storage, particularly battery technologies, are to be watched as they are on the critical path for creating a tipping point toward alternative vehicles in transportation, or toward renewables in power generation. A broad theme of the discussion is that of Joseph Schumpeter’s “Creative Destruction” - The "gale of creative destruction" describes the "process of industrial mutation that incessantly revolutionizes the economic structure from within, incessantly destroying the old one, incessantly creating a new one".
Proceedings Inclusion? Planned: Stand-alone book in which only your symposium’s papers would appear (indicate title in comments section below)


A Combined Micromechanics/Materials Science Approach to Understanding High Temperature Hydrogen Attack
Accelerated Materials Innovation – Technology Enablers for Enhanced Reliability, Efficiency and Production in Oil & Gas
Advanced Duplex Stainless Steels for Extreme Oil-Gas Environments
Anisotropic Behaviors for X100 High Grade Pipeline Steel under Stress Constraints
Bulk Nanomaterials with Superior Strength and Thermostability
Co-relation of Microstructural Features with Tensile and Toughness Characteristics of X70 Grade Steel
Development and Applications of New Generation Ni-containing Cryogenic Steels in China
Development of Cr-based Duplex Alloy for Corrosive Environments II: Evaluation of Corrosion Resistance in Boiling Sulfuric Acid
Development of Cr-based Duplex Alloy for Corrosive Environments I: Evaluation of Mechanical Properties and Pitting Potential
Development of High-strength and High Corrosion-resistant Ni-Cr-Al Alloy for Drilling Tools
Development of Polymer-based Composite Coatings for the Gas Exploration Industry
Effect of Residual Stress on Aging Precipitation Behavior of Oil-grade Alloy 718
Effect of Severe Plastic Deformation (SPD) Surface Treatment on Corrosion Resistance and Environmental Cracking (EC) Susceptibility of Various Alloys
Failure Conditions for Individual Grain Boundaries in a Ni-base Alloy Embrittled by H
Gradient Materials: Microstructure, Texture and Properties
High Strength Alloys for Oil and Gas Drilling Applications
High Strength Nickel-based Alloys for HPHT Applications
High Temperature Shape Memory Alloys for Potential Applications in Oil and Gas Industry
Hydrogen-assisted Failure in Ni-base Superalloy 718 Studied under In-situ Hydrogen Charging: The Role of Localized Deformation in Crack Propagation
Hydrogen Embrittlement of High Strength Nickel-based Alloys in HP HT Applications
Immigration Trends in the Energy Sector and Options for Professionals
Interfacial Engineering for Efficiency Enhancements in Energy-Water-Food
Interfacial Engineering for Suppressing Mineral Scale Fouling
Investigation on the Weldability of High-strength Steels Used for Low Temperature Environment
Iron-based Amorphous Metals for Impact and Corrosion Resistance Applications: The Effect of Pressure and Current on Devitrification Kinetics
Mineral Scale Fouling Under Boiling: Fundamentals to Mitigation
Novel Cu-bearing Antibacterial Pipeline Steels for Microbiologically Induced Corrosion Control
Potential of Crystal Defects for Enhancing Bulk Functional Nanomaterials
Processing Aluminum 6061 by Equal Channel Angular Extrusion for Oil and Gas Applications
Research on the Pinpoint Controlling of CRA N08028 OCTG Microstructure and Properties
Scientific and Technological Foundations for Pilot Scale Production of Nanostructured Metals
Sensitivity Variation of Nanomaterials at Different Operating Temperature Conditions
Shell’s Game Changer - Delivering Disruptive Technologies through Partnership in Innovation
Stabilizing Nanostructures in Metals via Interface Architectures
Technological Innovation and Creative Destruction in the Energy Sector
The Four R's to Promote Ductility of Metallic Glasses
The Microstructural Origin of the Multifunctional Properties of Energy Metals
The Research and Development of Low Cost 21.4mm/22mm X80 Hot Rolled Strip Based on Austenite Grain Condition Optimizating
The World of Water Reactive or Degradable Alloys: Oilfield, Defense, Bio-Medical and Beyond

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