At the 2019 ADI Forum, James Steffes, EVP of Corporate Affairs at Direct Energy, addresses the shifting role of natural gas in the energy landscape. In response to a comment from a PhD at Southwest Research Institute, who argues that current battery technology doesn’t have the energy density needed for long-term solutions, Steffes agrees that natural gas should be seen as a backup fuel rather than a bridge fuel. He emphasizes that, while gas serves as a bridge today due to advancements in extraction and energy control, the real transformation will come with future technological innovations. Steffes highlights the potential of digitization and emerging technologies to revolutionize energy demand management, suggesting that we are only beginning to unlock the full potential of energy control and flexibility.
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ADI is a prestigious, boutique consulting firm specializing in oil and gas, energy, and chemicals since 2009. We bring deep expertise in a broad range of markets where we support Fortune 500, mid-sized and early-stage companies, and investors with consulting services, research reports, and data and analytics, with the goal of delivering actionable outcomes to help our clients achieve tangible results.
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