The Story of Energy & Innovation
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 [Music]  [Music]  our next guest is the senior director  for climate strategy and Technology at  Exon Mobile he plays a key role there in  guiding that company's approach to  reduce green gas greenhouse gas missions  and address climate change today he's  going to share his strategic insights on  how Innovation and energy are the vision  for a sustainable future please welcome  VJ  [Music]  suar have  funy wow all right we're almost near the  end and it's good to have an energy talk  near the end because we're going to try  to light you up with a little bit of  energy and what I want to do there's  been some amazing story time in so far 
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 today and so I'm going to tell you a  story we're going to talk about the  story of energy because quite frankly  there's only one thing that ties  everything that you've heard about today  together and that is energy imagine this  room without energy and none of you  thought about it when you woke up this  morning and you turned your lights on  you didn't  hope you didn't say I wonder if the  lights are going to come  on it's taken for granted and yet just  about 150 years ago or so let me show  you what energy was like so let's start  the story on  energy and we're going to go through  this pretty quickly but 150 years ago  life was just fine this was modern  medicine you could do what you wanted to  do burn the midnight candle you could  pull an  allnighter you could absolutely do what  you wanted to do what life how much  better can life get you had ink you had  pens cameras I haven't quite figured out 
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 how you play music on that thing but you  could take a picture you you could  remember what it was like You' had  modern washing and  drying this wasn't that long  ago let's see what else they did you  could  cook you had heat you could cook inside  you could C outside there's biomass  there's coal there's all sorts of things  uh to cook we had systems and  measurements we've heard a lot today  about wearables and knowing what your  pulse oxygen is and everything we could  do systems and measurements back then we  had the ability to do that we had modern  communication we had telegrams we had  the the uh the the printer we were able  to do things and of course we had modern  transportation we could move from point  A to point B that horse has all weather  Hooves  okay so we could do those things we had  an industry we had an industrial sector  we had pulley we're able to take biomass 
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 get power turn it into  things this was as good as was going to  get the textile industry was taking  off was not exactly dry fit but it fit  and you could do what you wanted to do  and we had supercomputers I don't know  what these guys are talking about with  all the stuff they're doing this thing  right here it still amazes me that they  could do all that modern math with an  abacus so it is about Innovation and  energy and I'll just fast forward a  little bit because a couple of things  happened that really changed the world  one was synthetic chemistry and of  course there was  light and with light everything  changed and now let's just fast  forward about a hundred or so years and  let's talk about energy today because  it's not  quite what it was like but the objective  is the same the objective is to move 
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 around the objective is to have better  health the objective is to have a better  quality of life all underpinned by  energy that's allowed populations to  grow that's allowed us to live in  different locations there was Florida  without air  conditioning wasn't nearly as much fun  but you had it okay and pickle ball  think about all the energy that goes  into pickle ball I understand that's  pretty popular around here okay let's  talk about this though because today  just think about all the stuff you heard  about  today and it's all about energy and  Innovation I would argue that there is  no sector out there that is more  Innovative than  energy and we're going to peel this  onion a little bit further as we  continue on our story but just look at  the things that we have today that quite  frankly when I started in this industry  in 1987 I would not have even imagined  it I mean it is unimaginable what we're  doing we're in an imagination conference  and I can't imagine what we were doing 
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 doing so we have electric vehicles we  have artificial intelligence that we've  heard a lot about we have a phone that  the last thing you use it for is a  phone when was the last time you made a  call on your phone my kids don't pick up  if I call them if I text them and say  I'm going to call you they will  answer but if I call them directly no  chance no chance you got to text first I  don't  understand but we're able to do that and  we're able to do that and take it for  granted because of all the  Innovations the thousands and thousands  of patents the Innovations a lot of it  in America a lot of American Technology  in this and today we have 8 billion  people on this planet  amazing but let's talk about that 8  billion people and let's talk about what  is still happening today so what's this  energy  challenge look at these pictures now did  I just AI the pictures from the first  set with color 
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 no this is  today this is what a billion people  still face a billion people do not have  access to energy three billion people  don't have access to modern living  conditions that's three out of eight  that's one out of eight that's a lot and  yet I just showed you all the technology  we have and this is still  happening seems like we should do  something about that and of course we  can now because we have ample energy the  technologies that have been developed  over the last 20 30 years fracking in  the US who' have ever thought the US  would export the amount of energy we  export Renewables lithium ion  batteries the grid connectivity we know  how to do this but the problem with this  slide is it says the global energy  challenge singular it's not  singular it's a global energy dual 
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 challenge because while we have all that  technology one of the running themes  that we've heard about  today is we have to reduce  emissions so while we have energy we  have to remember that emissions are  going  up and so we have a global energy dual  challenge that's the next chapter of  energy how do we take on this dual  challenge how do we continue to provide  the energy that all of you take for  granted that a billion people think is  Magic and how do we do the things that  the previous two or three speakers just  talked about which is we've got to get  our hands around emissions we have to  bend the curve to use the uh Anthony  fouchy term we have to get the emissions  down at the core this is a technology  challenge yes it's going to have to  integrate with policy yes it's going to  have to integrate with infrastructure  but the technology is what I want to  talk about because that's where we got  to think about how we do it and we've  got to get on with doing 
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 it now to really understand energy the  other challenge is the third dimension  of this is  scale so let me talk a little bit about  how we do this so scale this is a  picture of our Baton Rouge  complex when I started back in the Dark  Ages  1987 300,000 barrels a day something  like that was a world scale facility  that's now an expansion this scale of  this industry so I'm going to talk about  scale in terms of magnitude I'm also  going to talk about the scale of energy  in a different way and that's the  integration across technology so if you  want to be a pharmacist what do you  study Pharmacy if you want to be a  biologist what do you study you study  biology if you want to be an energy  scientist what do you  study there's no degree in energy energy  is the ultimate interdisciplinary 
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 industry it requires every discipline of  engineering and every discipline of  science working together chemical  engineering mechanical engineering  nuclear engineering civil engineering  blah blah math physics chemistry biology  throw in economics throw in policy throw  in social science with the equity and  the and the just transition and all of  that has to come together so magnitude  of scale complexity of scale integration  of  Technologies geographical  differences other than that no  problem now scale how many of  you know what uh the city Energy System  is 600 quadrillion  BTUs how many of you know what a  quadrillion BTU is no how about an  Exel no no EXs either how about a  terawatt  Patt anything no no no it's a lot yeah 
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 there's probably some Engineers out  there that that know this would stay  with me for a minute okay because I'm  going to try to put this in context so  let's talk about it in something you  might  know let's talk about energy 45 round  trips did the sun on a 747 that's how  much energy we use in a year still not  impressed okay how about 40,000 trillion  ablea batteries  no and I can never find one that works  okay we would need four quadrillion no  that's still not there how about 240  trillion Big Macs a  day a  day I know there's some students out  there that's just lunch I know but  246 the size of this is  amazing it it's it's always just I'm  fascinated by  scale I'm fascinated by scale and I'm  fascinated by the ability for us to 
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 express scale this is going to take  collaboration and Innovation at scale to  reach the dimensions of scale that we  need to get  to that's our challenge people like to  boil us down to a simple thing this is a  very complicated problem which needs  serious discussion and serious  technology development and serious  collaboration so we're going to talk a  little bit about well what exactly does  that collaboration look like because we  know how to do I just showed you about  all the Innovations we've  made they've been made through  tremendous collaborations universities  working with industry working with  National Labs working with across  governments across countries that's what  we need to do so we need to collaborate  and innovate and if we do that let's  talk about some of the technologies that  are on the horizon now we've talked a  lot about AI but that thing in the upper  left that's actually what's got me  pretty excited and that's Quantum  Computing I know the previous speaker  mentioned Quantum very quick quickly but 
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 Quantum Computing is going to allow us  to understand energy and nature at  levels we never have so we'll be able to  model Energy Systems and move products  around and design materials like we  never have you hear a lot about hydrogen  why do people talk about hydrogen all  the time because when you burn hydrogen  you get water you don't create the CO2  the question is how do you make the  hydrogen so you have to comb  Technologies to make the  hydrogen what else can we do we can come  up with um carbon capture the picture in  the middle so the CO2 is made but if you  capture it and then you have three  choices of what to do you can either  convert it into something you want you  can use it as is or you can bury  it okay but the first step is you have  to capture and again you have to capture  it it scales that just haven't been  demonstrated yet 
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 Plastics Plastics allow food to stay  fresh it is why we have blueberries 12  months a year because you can move food  around but we need better Plastics to  continue uh to to have food preservation  have the quality light lighter weights  for cars more durable some of the  pictures here are these strength high  strength polymers they can back out  steel back out concrete to very very  high energy intensive emitting uh  emissions emitting sectors  but if you can get a polymer to do it a  plastic to do it there's no emissions  associated with that now there's  emissions associated with making it but  not with using it so again combine a  couple of pictures here take carbon  capture on the back of a plant make the  product you want you can start thinking  about how this goes now truth be told  those are things we're working on okay  there's a lot of other Technologies out  there let's just start listing some of  them in fact there's a National  Petroleum Council report that was  written that encourage you to read that 
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 talks about the technologies that are on  the horizon talks about  geothermal it talks about Renewables  solar wind tidle ocean  currents uh biofuels biology all of  these things and again what's the common  theme they integrate to cross  disciplines to solve a common problem  because here's the one thing we know  we're not going to go backwards on  energy we only go forward the evolution  of energy is always improved  that's what's fascinated me for 30 plus  years and it's going to fascinate me for  a long long time still so let's talk  about this  now and look Randy does this this is an  amazing conference and one of the things  I like about this conference is the  range of people we have kids from sixth  grade seventh grade eighth grade and  then we have energy Titans here so we  all know that when you work together  Innovation happens imagine McCartney and  lennin not together okay Innovation 
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 happens look at patents patents always  have co-authors there's Innovation Works  together so if we can Inspire the kids  today to think about it to raise their  hand to step up and say I think I have  an  idea let's work it let's get them in the  stem programs because everything's going  to be needed as I said we need all of  these disciplines uh to come together  and then you get these guys  who get the guy in the middle he wins  right his light went off first but let's  fast forward a little bit because we're  just coming off of one of the most  consequential collaboration events ever  and this was cop 28 in Dubai I had the  honor of going there and spending the  better part of a week there where you  had industry and government startups  everyone coming together this is a  problem that needs inclusion it needs  people working together it needs  collaborations at Scales that we just  haven't 
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 seen that's what we're here for that's  why we do these conferences to drive the  discussion  forward to understand the problem to put  the capabilities behind the problem and  then as it says there this is an  Innovation Challenge this is an  imagination challenge this is an  Innovation Challenge and if there's one  word that you take away from this talk  it's got to be  scale we have got to do this at scale  and and so we've got to understand how  we go from Lab to scale and we're  beginning to see things happening you  see the US Ira which is which is  enabling deployments of Technologies  projects are moving forward you see  people starting to think about this  you've seen some talks today challenging  paradigms on how you you know manu's  talk is a perfect example of that those  are all low energy low energy  consumption ideas but they serve the  purpose so there's nothing we can do we  can't do if we put our minds together 
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 and we work together and that's the core  of the speech we have got to innovate  innovate  innovate because if we  do it all comes together okay  yesterday's Abacus is today's generative  AI is tomorrow's Quantum Computing the  horse became the car is going to become  the electric car we're going to go to  the grid we're going to do all these  types of things because if we imagine  we'll able to swipe right and we'll able  to walk ourselves into the  future imagine  that thank you very  [Applause]  [Music]  much 




