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The global energy industry's 'perfect storm' comes to Memorial

These are turbulent times. A changing environment, expanding new economies and declining energy supplies are creating a “perfect storm” within the global energy industry. The resulting transformation could dramatically impact local companies, entire industries and the economy as a whole.

Dr. Harrie Vredenburg, the Suncor Energy Chair in Competitive Strategy and Sustainable Development at the University of Calgary’s Haskayne School of Business, will speak about the storm and its impact when he presents The New Age of Energy Turbulence and Innovation. Hosted by the Faculty of Business Administration at Memorial University, this free public lecture takes place on Oct. 6.

“We are on the cusp of one of the great discontinuities in history,” Dr. Vredenburg said. “The world of modern industrial energy has only recently started to feel the initial effects of three major global trends—economic development of the global south, supply challenges in the oil and gas industry and climate change and its policy response.”

In his lecture, Dr. Vredenburg will explain how this developing “perfect storm” could lead to the disappearance of entire industries, while new ones take their place.

A professor of strategy at the Haskayne School of Business, Dr. Vredenburg is also an International Research Fellow at Oxford University’s Centre for Corporate Reputation in the U.K. In addition to his research pursuits, Dr. Vredenburg has served on the Boards of several public and private energy companies, including as chair of Dionysus Energy Corporation, an early-stage venture company focused on innovative oil and gas projects. He also sits on advisory boards for national and international research centres. In 2008, he was appointed to the Alberta Nuclear Power Expert Panel to advise the Minister of Energy and Government of Alberta on issues related to nuclear energy.

Hosted by Memorial’s Faculty of Business, this public lecture begins at 7 p.m. on Wednesday, Oct. 6 in the Engineering Lecture Theatre, room EN-2006, St. John’s campus. All are welcome.

During his Memorial visit, Dr. Vredenburg will also speak to the Faculty of Business’s Associates Roundtable about Social Issues, Strategies and Shareholders and meet with faculty and students to talk about conducting research that is both regionally relevant and publishable.