If you are visually impaired or blind, you can visit the PDF version by Pressing CONTROL + ALT + 4
<br /> Welcome.<br /> Insight capturestimelyanalysisfromPlatts’distinguished<br /> editorialandresearchstaffandothercarefullyselected<br /> industryleaders.Theirexpertcommentarygivesreadersaclear<br /> viewintomarkettrendsandthedrivingforcesbehindthem.<br /> DownloadtheInsightmagazinemediakit:<br /> www.platts.com/Magazines/Insight/Advertise/<br /> Advertisment<br /> Advertisment<br /> platts webinar SerieS<br /> U.S. Energy Policy:<br /> President Obama’s<br /> 1st 100 days<br /> what Happens next in energy<br /> and environmental Policy?<br /> LiSten nOw<br /> FreeWebinar<br /> www.platts.com April 2008<br /> 23rd Annual Global<br /> Power Markets<br /> Conference<br /> Platts/CapgeminiUtilities<br /> ExecutiveStudySummary<br /> Seepage12<br /> WillSolarPowerbethe<br /> <a title="Insight Magazine - Dec 2008 page 1" href="http://viewer.zmags.com/publication/5e9af32c?page=1"> Welcome. Insight capturestimelyanalysisfromPlatts</a> <a title="Insight Magazine - Dec 2008 page 2" href="http://viewer.zmags.com/publication/5e9af32c?page=2"> www.platts.com </a> <a title="Insight Magazine - Dec 2008 page 3" href="http://viewer.zmags.com/publication/5e9af32c?page=3"> GE Energy Financial Services boundless energy Th</a> <a title="Insight Magazine - Dec 2008 page 4" href="http://viewer.zmags.com/publication/5e9af32c?page=4"> insight Publisher's Note </a> <a title="Insight Magazine - Dec 2008 page 5" href="http://viewer.zmags.com/publication/5e9af32c?page=5"> Inside 1 Publisher's Note </a> <a title="Insight Magazine - Dec 2008 page 6" href="http://viewer.zmags.com/publication/5e9af32c?page=6"> trackers and managing three other highly-regarded</a> <a title="Insight Magazine - Dec 2008 page 7" href="http://viewer.zmags.com/publication/5e9af32c?page=7"> THE BULL RUN IN COMMODITY PRICES SINCE 2003 gave </a> <a title="Insight Magazine - Dec 2008 page 8" href="http://viewer.zmags.com/publication/5e9af32c?page=8"> number of people using public transit sys- tems. </a> <a title="Insight Magazine - Dec 2008 page 9" href="http://viewer.zmags.com/publication/5e9af32c?page=9"> 2009 GLOBAL ENERGY OUTLOOK - FINANCIAL CRISIS </a> <a title="Insight Magazine - Dec 2008 page 10" href="http://viewer.zmags.com/publication/5e9af32c?page=10"> abound. Second, the fiscal cupboard is bare. In f</a> <a title="Insight Magazine - Dec 2008 page 11" href="http://viewer.zmags.com/publication/5e9af32c?page=11"> 2009 GLOBAL ENERGY OUTLOOK - FINANCIAL CRISIS </a> <a title="Insight Magazine - Dec 2008 page 12" href="http://viewer.zmags.com/publication/5e9af32c?page=12"> As a result, while long-term fundamentals (n</a> <a title="Insight Magazine - Dec 2008 page 13" href="http://viewer.zmags.com/publication/5e9af32c?page=13"> LOOK UNDER THE HOOD OF THIS YEAR'S price mo</a> <a title="Insight Magazine - Dec 2008 page 14" href="http://viewer.zmags.com/publication/5e9af32c?page=14"> September 2007, the ratio of ULSD to crude and th</a> <a title="Insight Magazine - Dec 2008 page 15" href="http://viewer.zmags.com/publication/5e9af32c?page=15"> 2009 GLOBAL ENERGY OUTLOOK - DIESEL may have b</a> <a title="Insight Magazine - Dec 2008 page 16" href="http://viewer.zmags.com/publication/5e9af32c?page=16"> </a> <a title="Insight Magazine - Dec 2008 page 17" href="http://viewer.zmags.com/publication/5e9af32c?page=17"> SUSTAINABILITY HAS BECOME A WATCHWORD in the ener</a> <a title="Insight Magazine - Dec 2008 page 18" href="http://viewer.zmags.com/publication/5e9af32c?page=18"> The giants of the energy world find them- selv</a> <a title="Insight Magazine - Dec 2008 page 19" href="http://viewer.zmags.com/publication/5e9af32c?page=19"> 2009 GLOBAL ENERGY OUTLOOK - SUSTAINABILITY </a> <a title="Insight Magazine - Dec 2008 page 20" href="http://viewer.zmags.com/publication/5e9af32c?page=20"> Greenfield or Minefield? Customers are buzz</a> <a title="Insight Magazine - Dec 2008 page 21" href="http://viewer.zmags.com/publication/5e9af32c?page=21"> DESPITE A GROWING CONSENSUS ABOUT THE need for ac</a> <a title="Insight Magazine - Dec 2008 page 22" href="http://viewer.zmags.com/publication/5e9af32c?page=22"> 2009 GLOBAL ENERGY OUTLOOK - GREENHOUSE GASES </a> <a title="Insight Magazine - Dec 2008 page 23" href="http://viewer.zmags.com/publication/5e9af32c?page=23"> 2009 GLOBAL ENERGY OUTLOOK - GREENHOUSE GASES </a> <a title="Insight Magazine - Dec 2008 page 24" href="http://viewer.zmags.com/publication/5e9af32c?page=24"> 2009 GLOBAL ENERGY OUTLOOK - GREENHOUSE GASES </a> <a title="Insight Magazine - Dec 2008 page 25" href="http://viewer.zmags.com/publication/5e9af32c?page=25"> Current Group, LLC would like to congratulate </a> <a title="Insight Magazine - Dec 2008 page 26" href="http://viewer.zmags.com/publication/5e9af32c?page=26"> Europe's Utilities Face Double Whammy Henry Edwar</a> <a title="Insight Magazine - Dec 2008 page 27" href="http://viewer.zmags.com/publication/5e9af32c?page=27"> 2009 GLOBAL ENERGY OUTLOOK - EUROPEAN UTILITIES </a> <a title="Insight Magazine - Dec 2008 page 28" href="http://viewer.zmags.com/publication/5e9af32c?page=28"> GLOBAL TRANSACTION BANKING | TRUST & SECURITIES S</a> <a title="Insight Magazine - Dec 2008 page 29" href="http://viewer.zmags.com/publication/5e9af32c?page=29"> AT THE START OF THIRD-QUARTER 2007, investme</a> <a title="Insight Magazine - Dec 2008 page 30" href="http://viewer.zmags.com/publication/5e9af32c?page=30"> icant slowdown in purchases made by Ame</a> <a title="Insight Magazine - Dec 2008 page 31" href="http://viewer.zmags.com/publication/5e9af32c?page=31"> 2009 GLOBAL ENERGY OUTLOOK - PETROCHEMICALS a</a> <a title="Insight Magazine - Dec 2008 page 32" href="http://viewer.zmags.com/publication/5e9af32c?page=32"> and 4 million mt of propylene capacity brou</a> <a title="Insight Magazine - Dec 2008 page 33" href="http://viewer.zmags.com/publication/5e9af32c?page=33"> RENEWABLE ENERGY'S GROWTH OVER THE past decade fr</a> <a title="Insight Magazine - Dec 2008 page 34" href="http://viewer.zmags.com/publication/5e9af32c?page=34"> Europe and North America, for instance, “maj</a> <a title="Insight Magazine - Dec 2008 page 35" href="http://viewer.zmags.com/publication/5e9af32c?page=35"> 2009 GLOBAL ENERGY OUTLOOK - RENEWABLES 2008 </a> <a title="Insight Magazine - Dec 2008 page 36" href="http://viewer.zmags.com/publication/5e9af32c?page=36"> pany NanoMarkets. Through the next decade, NanoMa</a> <a title="Insight Magazine - Dec 2008 page 37" href="http://viewer.zmags.com/publication/5e9af32c?page=37"> CLEAN COAL: AMERICA'S ENERGY FUTURE Flip</a> <a title="Insight Magazine - Dec 2008 page 38" href="http://viewer.zmags.com/publication/5e9af32c?page=38"> Black Gold: Return of the King James O'Connell, M</a> <a title="Insight Magazine - Dec 2008 page 39" href="http://viewer.zmags.com/publication/5e9af32c?page=39"> 2009 GLOBAL ENERGY OUTLOOK - COAL issue that i</a> <a title="Insight Magazine - Dec 2008 page 40" href="http://viewer.zmags.com/publication/5e9af32c?page=40"> what it will cost, change was already evident wel</a> <a title="Insight Magazine - Dec 2008 page 41" href="http://viewer.zmags.com/publication/5e9af32c?page=41"> At Booz & Company we work closely with our client</a> <a title="Insight Magazine - Dec 2008 page 42" href="http://viewer.zmags.com/publication/5e9af32c?page=42"> Pivotal Year for Russia Nadia Rodova, Managing Ed</a> <a title="Insight Magazine - Dec 2008 page 43" href="http://viewer.zmags.com/publication/5e9af32c?page=43"> 2009 GLOBAL ENERGY OUTLOOK - RUSSIA Russian sh</a> <a title="Insight Magazine - Dec 2008 page 44" href="http://viewer.zmags.com/publication/5e9af32c?page=44"> mine investment in the industry, according to Val</a> <a title="Insight Magazine - Dec 2008 page 45" href="http://viewer.zmags.com/publication/5e9af32c?page=45"> At the Los Angeles Department of Water and Power </a> <a title="Insight Magazine - Dec 2008 page 46" href="http://viewer.zmags.com/publication/5e9af32c?page=46"> Saudi Arabia: The Guardian of Surplus Oil Kate Do</a> <a title="Insight Magazine - Dec 2008 page 47" href="http://viewer.zmags.com/publication/5e9af32c?page=47"> 2009 GLOBAL ENERGY OUTLOOK - OIL Naimi det</a> <a title="Insight Magazine - Dec 2008 page 48" href="http://viewer.zmags.com/publication/5e9af32c?page=48"> million b/d in 2001, Saudi Arabia now con- sumes </a> <a title="Insight Magazine - Dec 2008 page 49" href="http://viewer.zmags.com/publication/5e9af32c?page=49"> 2009 GLOBAL ENERGY OUTLOOK - OIL Ajman, ano</a> <a title="Insight Magazine - Dec 2008 page 50" href="http://viewer.zmags.com/publication/5e9af32c?page=50"> The Complete Solution For Utilities Customer Ca</a> <a title="Insight Magazine - Dec 2008 page 51" href="http://viewer.zmags.com/publication/5e9af32c?page=51"> 2008 HAS BEEN A REMARKABLE YEAR FOR natural gas; </a> <a title="Insight Magazine - Dec 2008 page 52" href="http://viewer.zmags.com/publication/5e9af32c?page=52"> nership and cooperation agreement. This was d</a> <a title="Insight Magazine - Dec 2008 page 53" href="http://viewer.zmags.com/publication/5e9af32c?page=53"> 2009 GLOBAL ENERGY OUTLOOK - NATURAL GAS Unco</a> <a title="Insight Magazine - Dec 2008 page 54" href="http://viewer.zmags.com/publication/5e9af32c?page=54"> strong chance that gas rather than renew- ables w</a> <a title="Insight Magazine - Dec 2008 page 55" href="http://viewer.zmags.com/publication/5e9af32c?page=55"> FIVE TECHNOLOGIES HAVE EMERGED AS major conte</a> <a title="Insight Magazine - Dec 2008 page 56" href="http://viewer.zmags.com/publication/5e9af32c?page=56"> Unregulated generators, such as</a> <a title="Insight Magazine - Dec 2008 page 57" href="http://viewer.zmags.com/publication/5e9af32c?page=57"> 2009 GLOBAL ENERGY OUTLOOK - NUCLEAR such as h</a> <a title="Insight Magazine - Dec 2008 page 58" href="http://viewer.zmags.com/publication/5e9af32c?page=58"> the time first concrete is poured. Incomplete des</a> <a title="Insight Magazine - Dec 2008 page 59" href="http://viewer.zmags.com/publication/5e9af32c?page=59"> THE US FINANCIAL CRISIS HAS RESULTED IN an unpre</a> <a title="Insight Magazine - Dec 2008 page 60" href="http://viewer.zmags.com/publication/5e9af32c?page=60"> from futures associations to financial in</a> <a title="Insight Magazine - Dec 2008 page 61" href="http://viewer.zmags.com/publication/5e9af32c?page=61"> 2009 GLOBAL ENERGY OUTLOOK - SPECULATION fact</a> <a title="Insight Magazine - Dec 2008 page 62" href="http://viewer.zmags.com/publication/5e9af32c?page=62"> Power up your credit analysis. Put RatingsDirect</a> <a title="Insight Magazine - Dec 2008 page 63" href="http://viewer.zmags.com/publication/5e9af32c?page=63"> CHINA AND ITS INSATIABLE APPETITE FOR energy hav</a> <a title="Insight Magazine - Dec 2008 page 64" href="http://viewer.zmags.com/publication/5e9af32c?page=64"> China's future contribution to world oil d</a> <a title="Insight Magazine - Dec 2008 page 65" href="http://viewer.zmags.com/publication/5e9af32c?page=65"> 2009 GLOBAL ENERGY OUTLOOK - CHINA The go</a> <a title="Insight Magazine - Dec 2008 page 66" href="http://viewer.zmags.com/publication/5e9af32c?page=66"> energy policy. In fact, China did have a min- ist</a> <a title="Insight Magazine - Dec 2008 page 67" href="http://viewer.zmags.com/publication/5e9af32c?page=67"> 2009 GLOBAL ENERGY OUTLOOK - CHINA The cur</a> <a title="Insight Magazine - Dec 2008 page 68" href="http://viewer.zmags.com/publication/5e9af32c?page=68">  Energy  Food & Beverage  Investment Banks </a> <a title="Insight Magazine - Dec 2008 page 69" href="http://viewer.zmags.com/publication/5e9af32c?page=69"> TOP 250 GLOBAL ENERGY COMPANIES Oil Price Res</a> <a title="Insight Magazine - Dec 2008 page 70" href="http://viewer.zmags.com/publication/5e9af32c?page=70"> their oil rivals. By this year's rankings, the co</a> <a title="Insight Magazine - Dec 2008 page 71" href="http://viewer.zmags.com/publication/5e9af32c?page=71"> TOP 250 GLOBAL ENERGY COMPANIES Platts rank 20</a> <a title="Insight Magazine - Dec 2008 page 72" href="http://viewer.zmags.com/publication/5e9af32c?page=72"> TOP 250 GLOBAL ENERGY COMPANIES Platts rank 20</a> <a title="Insight Magazine - Dec 2008 page 73" href="http://viewer.zmags.com/publication/5e9af32c?page=73"> TOP 250 GLOBAL ENERGY COMPANIES Platts rank 20</a> <a title="Insight Magazine - Dec 2008 page 74" href="http://viewer.zmags.com/publication/5e9af32c?page=74"> TOP 250 GLOBAL ENERGY COMPANIES Platts rank 20</a> <a title="Insight Magazine - Dec 2008 page 75" href="http://viewer.zmags.com/publication/5e9af32c?page=75"> TOP 250 GLOBAL ENERGY COMPANIES Platts rank 20</a> <a title="Insight Magazine - Dec 2008 page 76" href="http://viewer.zmags.com/publication/5e9af32c?page=76"> Asian Growth Combines with Deregulation and Great</a> <a title="Insight Magazine - Dec 2008 page 77" href="http://viewer.zmags.com/publication/5e9af32c?page=77"> TOP 250 GLOBAL ENERGY COMPANIES 5.6% overal</a> <a title="Insight Magazine - Dec 2008 page 78" href="http://viewer.zmags.com/publication/5e9af32c?page=78"> TOP 250 GLOBAL ENERGY COMPANIES Figure 7: Mak</a> <a title="Insight Magazine - Dec 2008 page 79" href="http://viewer.zmags.com/publication/5e9af32c?page=79"> TOP 250 GLOBAL ENERGY COMPANIES Figure 9: Top</a> <a title="Insight Magazine - Dec 2008 page 80" href="http://viewer.zmags.com/publication/5e9af32c?page=80"> TOP 250 GLOBAL ENERGY COMPANIES Top 50: Who's </a> <a title="Insight Magazine - Dec 2008 page 81" href="http://viewer.zmags.com/publication/5e9af32c?page=81"> TOP 250 GLOBAL ENERGY COMPANIES Leaders by Fi</a> <a title="Insight Magazine - Dec 2008 page 82" href="http://viewer.zmags.com/publication/5e9af32c?page=82"> Leaders by Industry Exploration and Production. </a> <a title="Insight Magazine - Dec 2008 page 83" href="http://viewer.zmags.com/publication/5e9af32c?page=83"> TOP 250 GLOBAL ENERGY COMPANIES Leaders by Ind</a> <a title="Insight Magazine - Dec 2008 page 84" href="http://viewer.zmags.com/publication/5e9af32c?page=84"> </a> <a title="Insight Magazine - Dec 2008 page 85" href="http://viewer.zmags.com/publication/5e9af32c?page=85"> ®</a> <a title="Insight Magazine - Dec 2008 page 86" href="http://viewer.zmags.com/publication/5e9af32c?page=86"> SPECIAL ADVERTISING SECTION 2008 GLOBAL ENERGY </a> <a title="Insight Magazine - Dec 2008 page 87" href="http://viewer.zmags.com/publication/5e9af32c?page=87"> SPECIAL ADVERTISING SECTION Anadarko P</a> <a title="Insight Magazine - Dec 2008 page 88" href="http://viewer.zmags.com/publication/5e9af32c?page=88"> SPECIAL ADVERTISING SECTION CPS Ener</a> <a title="Insight Magazine - Dec 2008 page 89" href="http://viewer.zmags.com/publication/5e9af32c?page=89"> SPECIAL ADVERTISING SECTION CNX Gas</a> <a title="Insight Magazine - Dec 2008 page 90" href="http://viewer.zmags.com/publication/5e9af32c?page=90"> </a> <a title="Insight Magazine - Dec 2008 page 91" href="http://viewer.zmags.com/publication/5e9af32c?page=91"> SPECIAL ADVERTISING SECTION Detecte</a> <a title="Insight Magazine - Dec 2008 page 92" href="http://viewer.zmags.com/publication/5e9af32c?page=92"> SPECIAL ADVERTISING SECTION EMFESZ L</a> <a title="Insight Magazine - Dec 2008 page 93" href="http://viewer.zmags.com/publication/5e9af32c?page=93"> SPECIAL ADVERTISING SECTION Entergy</a> <a title="Insight Magazine - Dec 2008 page 94" href="http://viewer.zmags.com/publication/5e9af32c?page=94"> </a> <a title="Insight Magazine - Dec 2008 page 95" href="http://viewer.zmags.com/publication/5e9af32c?page=95"> SPECIAL ADVERTISING SECTION Enterprise </a> <a title="Insight Magazine - Dec 2008 page 96" href="http://viewer.zmags.com/publication/5e9af32c?page=96"> SPECIAL ADVERTISING SECTION GDF SUEZ</a> <a title="Insight Magazine - Dec 2008 page 97" href="http://viewer.zmags.com/publication/5e9af32c?page=97"> SPECIAL ADVERTISING SECTION Hydro On</a> <a title="Insight Magazine - Dec 2008 page 98" href="http://viewer.zmags.com/publication/5e9af32c?page=98"> SPECIAL ADVERTISING SECTION IBERDROL</a> <a title="Insight Magazine - Dec 2008 page 99" href="http://viewer.zmags.com/publication/5e9af32c?page=99"> SPECIAL ADVERTISING SECTION Mansfiel</a> <a title="Insight Magazine - Dec 2008 page 100" href="http://viewer.zmags.com/publication/5e9af32c?page=100"> SPECIAL ADVERTISING SECTION MOL Grou</a> <a title="Insight Magazine - Dec 2008 page 101" href="http://viewer.zmags.com/publication/5e9af32c?page=101"> SPECIAL ADVERTISING SECTION New Mexico</a> <a title="Insight Magazine - Dec 2008 page 102" href="http://viewer.zmags.com/publication/5e9af32c?page=102"> SPECIAL ADVERTISING SECTION NRG Ener</a> <a title="Insight Magazine - Dec 2008 page 103" href="http://viewer.zmags.com/publication/5e9af32c?page=103"> SPECIAL ADVERTISING SECTION Petrobr</a> <a title="Insight Magazine - Dec 2008 page 104" href="http://viewer.zmags.com/publication/5e9af32c?page=104"> SPECIAL ADVERTISING SECTION PTT Public</a> <a title="Insight Magazine - Dec 2008 page 105" href="http://viewer.zmags.com/publication/5e9af32c?page=105"> SPECIAL ADVERTISING SECTION John E. Br</a> <a title="Insight Magazine - Dec 2008 page 106" href="http://viewer.zmags.com/publication/5e9af32c?page=106"> SPECIAL ADVERTISING SECTION Shell R</a> <a title="Insight Magazine - Dec 2008 page 107" href="http://viewer.zmags.com/publication/5e9af32c?page=107"> SPECIAL ADVERTISING SECTION Sopogy </a> <a title="Insight Magazine - Dec 2008 page 108" href="http://viewer.zmags.com/publication/5e9af32c?page=108"> SPECIAL ADVERTISING SECTION Yello St</a> <a title="Insight Magazine - Dec 2008 page 109" href="http://viewer.zmags.com/publication/5e9af32c?page=109"> ■ Build intelligent infrastructure through techno</a> <a title="Insight Magazine - Dec 2008 page 110" href="http://viewer.zmags.com/publication/5e9af32c?page=110"> SPECIAL ADVERTISING SECTION EDF Grou</a> <a title="Insight Magazine - Dec 2008 page 111" href="http://viewer.zmags.com/publication/5e9af32c?page=111"> </a> <a title="Insight Magazine - Dec 2008 page 112" href="http://viewer.zmags.com/publication/5e9af32c?page=112"> GLOBAL ENERGY AWARDS The Global Energy Awards are</a> <a title="Insight Magazine - Dec 2008 page 113" href="http://viewer.zmags.com/publication/5e9af32c?page=113"> GLOBAL ENERGY AWARDS Global Energy Awards. </a> <a title="Insight Magazine - Dec 2008 page 114" href="http://viewer.zmags.com/publication/5e9af32c?page=114"> ly capable manager of complexity. The com- </a> <a title="Insight Magazine - Dec 2008 page 115" href="http://viewer.zmags.com/publication/5e9af32c?page=115"> GLOBAL ENERGY AWARDS thinking skills of bet</a> <a title="Insight Magazine - Dec 2008 page 116" href="http://viewer.zmags.com/publication/5e9af32c?page=116"> ture associated gas currently flared in the</a> <a title="Insight Magazine - Dec 2008 page 117" href="http://viewer.zmags.com/publication/5e9af32c?page=117"> GLOBAL ENERGY AWARDS The subsea system at </a> <a title="Insight Magazine - Dec 2008 page 118" href="http://viewer.zmags.com/publication/5e9af32c?page=118"> 5,000 meters (16,500 feet). The first delimited a</a> <a title="Insight Magazine - Dec 2008 page 119" href="http://viewer.zmags.com/publication/5e9af32c?page=119"> GLOBAL ENERGY AWARDS California and corporate </a> <a title="Insight Magazine - Dec 2008 page 120" href="http://viewer.zmags.com/publication/5e9af32c?page=120"> Its gas sales rose by a factor of 15 in 2005 </a> <a title="Insight Magazine - Dec 2008 page 121" href="http://viewer.zmags.com/publication/5e9af32c?page=121"> GLOBAL ENERGY AWARDS systems, white membrane </a> <a title="Insight Magazine - Dec 2008 page 122" href="http://viewer.zmags.com/publication/5e9af32c?page=122"> </a> <a title="Insight Magazine - Dec 2008 page 123" href="http://viewer.zmags.com/publication/5e9af32c?page=123"> insight Advertiser Index Anadarko . . . . . . . </a> <a title="Insight Magazine - Dec 2008 page 124" href="http://viewer.zmags.com/publication/5e9af32c?page=124"> Elster... delivering systems and solutions for th</a> <a title="Insight Magazine - Dec 2008 page 125" href="http://viewer.zmags.com/publication/5e9af32c?page=125"> BUILDING A WORLD OF DIFFERENCE® </a>