Energy Transition Working Group: Recommendations to Executive Council
Summary & Recommendations
Following the completion of the 2020 Exploring The Energy Transition (ETET) SIG Membership survey a Working Group was tasked with considering the implications of its responses for the Society as a whole.
The Working Group strongly supports all the draft recommendations of the 2020 Exploring The Energy Transition (ETET) SIG Membership survey; however, consideration should be given on a case-by-case basis to their implications.
It was considered that Recommendation 3, which includes extending the Society’s remit to include the broader geoscience community involved in low carbon activities, required deeper discussion and debate. The Working Group recommend that the Society should consider following the scenario Expand (the Society reshapes its Charitable Objectives to welcome subsurface professionals involved in all aspects of Geoenergy but not the broader aspects of the Energy Transition) by means of the following membership vote.
- PESGB should reshape its Charitable Objectives to welcome subsurface professionals involved in all aspects of geoenergy? Yes/No/Abstain answer
- The Petroleum Exploration Society of Great Britain (PESGB) should change its name to the GeoEnergy Society of Great Britain (GESGB)? Yes/No/Abstain answer
During December 2020 the PESGB Exploring The Energy Transition (ETET) SIG published the outcome of their membership survey regarding the Energy Transition, including a series of four draft recommendations, and what it means to/for PESGB members and the PESGB.
The Working Group was tasked with considering the membership’s responses to these recommendations and what the correct response should be for the Society as a whole. It is recognized that the Energy Transition is a significant change facing the Oil & Gas industry, and that the ETET SIG are an important voice within the Society, but all member groups within the Society must be considered.
It is important to state that it was not the role of the working group to validate the Energy Transition but to acknowledge that it is a structural change to our industry and that the PESGB will be impacted by the change.