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Bauer Encourages Communication Within Energy Industry

University of Houston’s C. T. Bauer College of Business recently held their Global Energy Management Institute (GEMI) symposium on “Reliability and Security across the Energy Value Chain.”

Bauer brought together more than 100 mid-level and senior energy executives to discuss issues within the industry: regulation, infrastructure, contracts and financing and risk management. Creating an open dialogue between the players in energy field is the reason why GEMI was created.

“The energy industry speaks a language not easily understood, and the GEMI Symposium is an attempt to simplify that language,” Dean Latha Ramchand told Bauer’s News site. “We are experiencing huge industry shifts, and this event helps take what companies are already doing and communicate what’s happening to everyone else. This is the place where best practice begins.”

Below is a highlight of one of the topics discussed at the symposium written by Danielle Ponder:

Regulation panelists emphasized the need for consistency between environmental and greenhouse emissions policies and the realities of the energy and electricity sector, and discussed challenges faced between energy companies and the Environmental Protection Agency (EPA).

“The idea is that there is a principle that you do not bring risk to the general public,” University of North Carolina Distinguished Professor Victor Flatt said. “The principle is that health and environment are to be protected as the private sector operates effectively to meet customers’ needs.”

The rest of Ponder’s highlights can be seen here.

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