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<br /> www.platts.com December 2009<br /> 2010<br /> Global Energy Outlook<br /> New Russian<br /> Opportunities<br /> page 48<br /> Agreement in<br /> Copenhagen: a<br /> Bridge Too Far?<br /> page 9<br /> GE<br /> Energy Financial Services<br /> boundless<br /> energy<br /> The strength of expertise, the power of capital<br /> For more than 30 years, GE Energy Financial Services has been<br /> providing financial and intellectual capital, along with technical and<br /> operational expertise, to one of the world's most capital-intensive<br /> industries—energy. Today, we serve the global energy industry<br /> with debt, equity, partnerships, project finance, and venture capital,<br /> tailored to our customers’ needs. Our energy investments exceed<br /> $22 billion.<br /> Find out what the energy experts at GE can do for you.<br /> The opportunities are boundless.<b<a title="Platts Insight Magazine December 2009 page 1" href="http://viewer.zmags.com/publication/6d272862?page=1"> www.platts.com </a> <a title="Platts Insight Magazine December 2009 page 2" href="http://viewer.zmags.com/publication/6d272862?page=2"> GE Energy Financial Services boundless energy Th</a> <a title="Platts Insight Magazine December 2009 page 3" href="http://viewer.zmags.com/publication/6d272862?page=3"> insight Publisher’s Note </a> <a title="Platts Insight Magazine December 2009 page 4" href="http://viewer.zmags.com/publication/6d272862?page=4"> Inside 1 Publisher’s Note </a> <a title="Platts Insight Magazine December 2009 page 5" href="http://viewer.zmags.com/publication/6d272862?page=5"> titles – Energy in East Europe, Power UK and Powe</a> <a title="Platts Insight Magazine December 2009 page 6" href="http://viewer.zmags.com/publication/6d272862?page=6"> </a> <a title="Platts Insight Magazine December 2009 page 7" href="http://viewer.zmags.com/publication/6d272862?page=7"> energy policy Growth and Sustainability Ro</a> <a title="Platts Insight Magazine December 2009 page 8" href="http://viewer.zmags.com/publication/6d272862?page=8"> 2010 global energy outlook - energy policy grow</a> <a title="Platts Insight Magazine December 2009 page 9" href="http://viewer.zmags.com/publication/6d272862?page=9"> downturn in more traditional sectors, and, in the</a> <a title="Platts Insight Magazine December 2009 page 10" href="http://viewer.zmags.com/publication/6d272862?page=10"> 2 new partne 5 new market One Credit growing with</a> <a title="Platts Insight Magazine December 2009 page 11" href="http://viewer.zmags.com/publication/6d272862?page=11"> emissions Agreement in Copenhagen: a Bridge </a> <a title="Platts Insight Magazine December 2009 page 12" href="http://viewer.zmags.com/publication/6d272862?page=12"> November 2008, while a new govern- ment in Japan </a> <a title="Platts Insight Magazine December 2009 page 13" href="http://viewer.zmags.com/publication/6d272862?page=13"> Decoupling From Growth </a> <a title="Platts Insight Magazine December 2009 page 14" href="http://viewer.zmags.com/publication/6d272862?page=14"> 2010 global energy outlook - emissions el of am</a> <a title="Platts Insight Magazine December 2009 page 15" href="http://viewer.zmags.com/publication/6d272862?page=15"> </a> <a title="Platts Insight Magazine December 2009 page 16" href="http://viewer.zmags.com/publication/6d272862?page=16"> regulation Knowing Your Onions: New Energy R</a> <a title="Platts Insight Magazine December 2009 page 17" href="http://viewer.zmags.com/publication/6d272862?page=17"> The CME is referring to another key part o</a> <a title="Platts Insight Magazine December 2009 page 18" href="http://viewer.zmags.com/publication/6d272862?page=18"> 2010 global energy outlook - regulation turo la</a> <a title="Platts Insight Magazine December 2009 page 19" href="http://viewer.zmags.com/publication/6d272862?page=19"> Discovering Ways to Advance Energy Today Scien</a> <a title="Platts Insight Magazine December 2009 page 20" href="http://viewer.zmags.com/publication/6d272862?page=20"> Iraq Iraq’s “Coming Out” Delayed Kate Dour</a> <a title="Platts Insight Magazine December 2009 page 21" href="http://viewer.zmags.com/publication/6d272862?page=21"> production is still below levels achieved in the </a> <a title="Platts Insight Magazine December 2009 page 22" href="http://viewer.zmags.com/publication/6d272862?page=22"> 2010 global energy outlook - Iraq 1990—put pres</a> <a title="Platts Insight Magazine December 2009 page 23" href="http://viewer.zmags.com/publication/6d272862?page=23"> out guarantees of some post-election continuity, </a> <a title="Platts Insight Magazine December 2009 page 24" href="http://viewer.zmags.com/publication/6d272862?page=24"> The Smart Grid Choice Oracle </a> <a title="Platts Insight Magazine December 2009 page 25" href="http://viewer.zmags.com/publication/6d272862?page=25"> demand side Will the Demand Side Please Stan</a> <a title="Platts Insight Magazine December 2009 page 26" href="http://viewer.zmags.com/publication/6d272862?page=26"> 2010 global energy outlook - demand side gas pr</a> <a title="Platts Insight Magazine December 2009 page 27" href="http://viewer.zmags.com/publication/6d272862?page=27"> However, only 70% of UK households have coverage </a> <a title="Platts Insight Magazine December 2009 page 28" href="http://viewer.zmags.com/publication/6d272862?page=28"> 2010 global energy outlook - demand side to dri</a> <a title="Platts Insight Magazine December 2009 page 29" href="http://viewer.zmags.com/publication/6d272862?page=29"> Naturalgasistwiceascleanascoal.Wehavea100-yearsup</a> <a title="Platts Insight Magazine December 2009 page 30" href="http://viewer.zmags.com/publication/6d272862?page=30"> natural gas Changing Gas Markets William P</a> <a title="Platts Insight Magazine December 2009 page 31" href="http://viewer.zmags.com/publication/6d272862?page=31"> that is set to increase steadily in num- ber over</a> <a title="Platts Insight Magazine December 2009 page 32" href="http://viewer.zmags.com/publication/6d272862?page=32"> 2010 global energy outlook - natural gas the ve</a> <a title="Platts Insight Magazine December 2009 page 33" href="http://viewer.zmags.com/publication/6d272862?page=33"> to the continental way of life. Poland’s proposed</a> <a title="Platts Insight Magazine December 2009 page 34" href="http://viewer.zmags.com/publication/6d272862?page=34"> </a> <a title="Platts Insight Magazine December 2009 page 35" href="http://viewer.zmags.com/publication/6d272862?page=35"> renewables Renewables Weather the Storm Da</a> <a title="Platts Insight Magazine December 2009 page 36" href="http://viewer.zmags.com/publication/6d272862?page=36"> 2010 global energy outlook - renewables module </a> <a title="Platts Insight Magazine December 2009 page 37" href="http://viewer.zmags.com/publication/6d272862?page=37"> panels produced in 2009 won’t be sold by year’s e</a> <a title="Platts Insight Magazine December 2009 page 38" href="http://viewer.zmags.com/publication/6d272862?page=38"> 2010 global energy outlook - renewables ment, c</a> <a title="Platts Insight Magazine December 2009 page 39" href="http://viewer.zmags.com/publication/6d272862?page=39"> No. 1 in wind energy production No. 1 in solar en</a> <a title="Platts Insight Magazine December 2009 page 40" href="http://viewer.zmags.com/publication/6d272862?page=40"> biofuels What Future for Biofuels? Ross Mc</a> <a title="Platts Insight Magazine December 2009 page 41" href="http://viewer.zmags.com/publication/6d272862?page=41"> the United States has damaged expecta- tions for </a> <a title="Platts Insight Magazine December 2009 page 42" href="http://viewer.zmags.com/publication/6d272862?page=42"> 2010 global energy outlook - biofuels the stron</a> <a title="Platts Insight Magazine December 2009 page 43" href="http://viewer.zmags.com/publication/6d272862?page=43"> The key to success is the ability to adapt. </a> <a title="Platts Insight Magazine December 2009 page 44" href="http://viewer.zmags.com/publication/6d272862?page=44"> petrochemicals Breathing Life into the Petch</a> <a title="Platts Insight Magazine December 2009 page 45" href="http://viewer.zmags.com/publication/6d272862?page=45"> (polymers) producers in terms of total PE and PP </a> <a title="Platts Insight Magazine December 2009 page 46" href="http://viewer.zmags.com/publication/6d272862?page=46"> 2010 global energy outlook - petrochemicals pub</a> <a title="Platts Insight Magazine December 2009 page 47" href="http://viewer.zmags.com/publication/6d272862?page=47"> in spot PVC prices. Following a dip in March pric</a> <a title="Platts Insight Magazine December 2009 page 48" href="http://viewer.zmags.com/publication/6d272862?page=48"> 2010 global energy outlook - petrochemicals sum</a> <a title="Platts Insight Magazine December 2009 page 49" href="http://viewer.zmags.com/publication/6d272862?page=49"> 6th Annual Nuclear Energy Opportunities for Grow</a> <a title="Platts Insight Magazine December 2009 page 50" href="http://viewer.zmags.com/publication/6d272862?page=50"> Russia New Russian Opportunities Nadia Rod</a> <a title="Platts Insight Magazine December 2009 page 51" href="http://viewer.zmags.com/publication/6d272862?page=51"> some 800-900,000 b/d from currently explored fiel</a> <a title="Platts Insight Magazine December 2009 page 52" href="http://viewer.zmags.com/publication/6d272862?page=52"> 2010 global energy outlook - Russia study poten</a> <a title="Platts Insight Magazine December 2009 page 53" href="http://viewer.zmags.com/publication/6d272862?page=53"> maintain or even increase its share of the EU mar</a> <a title="Platts Insight Magazine December 2009 page 54" href="http://viewer.zmags.com/publication/6d272862?page=54"> St. Louis-based Peabody Energy (NYSE:BTU) is the </a> <a title="Platts Insight Magazine December 2009 page 55" href="http://viewer.zmags.com/publication/6d272862?page=55"> coal Cleaning Up Coal, Not Just Its Image </a> <a title="Platts Insight Magazine December 2009 page 56" href="http://viewer.zmags.com/publication/6d272862?page=56"> 2010 global energy outlook - coal So </a> <a title="Platts Insight Magazine December 2009 page 57" href="http://viewer.zmags.com/publication/6d272862?page=57"> alized nations. Roughly, each Chinese emits about</a> <a title="Platts Insight Magazine December 2009 page 58" href="http://viewer.zmags.com/publication/6d272862?page=58"> 2010 global energy outlook - coal minister John</a> <a title="Platts Insight Magazine December 2009 page 59" href="http://viewer.zmags.com/publication/6d272862?page=59"> www.platts.com </a> <a title="Platts Insight Magazine December 2009 page 60" href="http://viewer.zmags.com/publication/6d272862?page=60"> solar Solar Shows Promise Swami Venkataram</a> <a title="Platts Insight Magazine December 2009 page 61" href="http://viewer.zmags.com/publication/6d272862?page=61"> tial customer’s site. Over time, as so- lar’s pen</a> <a title="Platts Insight Magazine December 2009 page 62" href="http://viewer.zmags.com/publication/6d272862?page=62"> 2010 global energy outlook - solar 2009 is expe</a> <a title="Platts Insight Magazine December 2009 page 63" href="http://viewer.zmags.com/publication/6d272862?page=63"> over the last year and expectations are for </a> <a title="Platts Insight Magazine December 2009 page 64" href="http://viewer.zmags.com/publication/6d272862?page=64"> 2010 global energy outlook - solar duration as </a> <a title="Platts Insight Magazine December 2009 page 65" href="http://viewer.zmags.com/publication/6d272862?page=65"> We can do this </a> <a title="Platts Insight Magazine December 2009 page 66" href="http://viewer.zmags.com/publication/6d272862?page=66"> top 250 global energy companies Oil Price His</a> <a title="Platts Insight Magazine December 2009 page 67" href="http://viewer.zmags.com/publication/6d272862?page=67"> structure of electricity grids, which were not de</a> <a title="Platts Insight Magazine December 2009 page 68" href="http://viewer.zmags.com/publication/6d272862?page=68"> top 250 global energy companies Platts Rank 2009</a> <a title="Platts Insight Magazine December 2009 page 69" href="http://viewer.zmags.com/publication/6d272862?page=69"> top 250 global energy companies Platts Rank 2009</a> <a title="Platts Insight Magazine December 2009 page 70" href="http://viewer.zmags.com/publication/6d272862?page=70"> top 250 global energy companies Platts Rank 2009</a> <a title="Platts Insight Magazine December 2009 page 71" href="http://viewer.zmags.com/publication/6d272862?page=71"> top 250 global energy companies Platts Rank 2009</a> <a title="Platts Insight Magazine December 2009 page 72" href="http://viewer.zmags.com/publication/6d272862?page=72"> top 250 global energy companies Platts Rank 2009</a> <a title="Platts Insight Magazine December 2009 page 73" href="http://viewer.zmags.com/publication/6d272862?page=73"> prominent in the top 50 fastest grow- ing list an</a> <a title="Platts Insight Magazine December 2009 page 74" href="http://viewer.zmags.com/publication/6d272862?page=74"> top 250 global energy companies Pl</a> <a title="Platts Insight Magazine December 2009 page 75" href="http://viewer.zmags.com/publication/6d272862?page=75"> top 250 global energy companies Pl</a> <a title="Platts Insight Magazine December 2009 page 76" href="http://viewer.zmags.com/publication/6d272862?page=76"> top 250 global energy companies The Tiger Contin</a> <a title="Platts Insight Magazine December 2009 page 77" href="http://viewer.zmags.com/publication/6d272862?page=77"> Illinois, a nuclear and fossil fuel utility, and </a> <a title="Platts Insight Magazine December 2009 page 78" href="http://viewer.zmags.com/publication/6d272862?page=78"> top 250 global energy companies 7. Top 50: Who’s</a> <a title="Platts Insight Magazine December 2009 page 79" href="http://viewer.zmags.com/publication/6d272862?page=79"> 10. Leaders in electric utilities. OVERALL Rank </a> <a title="Platts Insight Magazine December 2009 page 80" href="http://viewer.zmags.com/publication/6d272862?page=80"> top 250 global energy companies 14. Leaders in</a> <a title="Platts Insight Magazine December 2009 page 81" href="http://viewer.zmags.com/publication/6d272862?page=81"> 17. Leaders by financial indicator. ASSETS Rank C</a> <a title="Platts Insight Magazine December 2009 page 82" href="http://viewer.zmags.com/publication/6d272862?page=82"> insight Finalis</a> <a title="Platts Insight Magazine December 2009 page 83" href="http://viewer.zmags.com/publication/6d272862?page=83"> GET YOUR MESSAGE IN FRONT OF 4.7 MILLION BUSINESS</a> <a title="Platts Insight Magazine December 2009 page 84" href="http://viewer.zmags.com/publication/6d272862?page=84"> ®</a> <a title="Platts Insight Magazine December 2009 page 85" href="http://viewer.zmags.com/publication/6d272862?page=85"> SPECIAL ADVERTISING SECTION 2009 GLOBAL EN</a> <a title="Platts Insight Magazine December 2009 page 86" href="http://viewer.zmags.com/publication/6d272862?page=86"> SPECIAL ADVERTISING SECTION AE</a> <a title="Platts Insight Magazine December 2009 page 87" href="http://viewer.zmags.com/publication/6d272862?page=87"> SPECIAL ADVERTISING SECTION Am</a> <a title="Platts Insight Magazine December 2009 page 88" href="http://viewer.zmags.com/publication/6d272862?page=88"> SPECIAL ADVERTISING SECTION Anadarko </a> <a title="Platts Insight Magazine December 2009 page 89" href="http://viewer.zmags.com/publication/6d272862?page=89"> SPECIAL ADVERTISING SECTION Co</a> <a title="Platts Insight Magazine December 2009 page 90" href="http://viewer.zmags.com/publication/6d272862?page=90"> SPECIAL ADVERTISING SECTION Chesapeak</a> <a title="Platts Insight Magazine December 2009 page 91" href="http://viewer.zmags.com/publication/6d272862?page=91"> A CLEANER ENERGY FUTURE IS SOMETHING WE ALL CHA</a> <a title="Platts Insight Magazine December 2009 page 92" href="http://viewer.zmags.com/publication/6d272862?page=92"> SPECIAL ADVERTISING SECTION En</a> <a title="Platts Insight Magazine December 2009 page 93" href="http://viewer.zmags.com/publication/6d272862?page=93"> SPECIAL ADVERTISING SECTION In</a> <a title="Platts Insight Magazine December 2009 page 94" href="http://viewer.zmags.com/publication/6d272862?page=94"> SPECIAL ADVERTISING SECTION Oracl</a> <a title="Platts Insight Magazine December 2009 page 95" href="http://viewer.zmags.com/publication/6d272862?page=95"> SPECIAL ADVERTISING SECTION PT</a> <a title="Platts Insight Magazine December 2009 page 96" href="http://viewer.zmags.com/publication/6d272862?page=96"> SPECIAL ADVERTISING SECTION Pe</a> <a title="Platts Insight Magazine December 2009 page 97" href="http://viewer.zmags.com/publication/6d272862?page=97"> </a> <a title="Platts Insight Magazine December 2009 page 98" href="http://viewer.zmags.com/publication/6d272862?page=98"> SPECIAL ADVERTISING SECTION Reliance </a> <a title="Platts Insight Magazine December 2009 page 99" href="http://viewer.zmags.com/publication/6d272862?page=99"> SPECIAL ADVERTISING SECTION Rep</a> <a title="Platts Insight Magazine December 2009 page 100" href="http://viewer.zmags.com/publication/6d272862?page=100"> SPECIAL ADVERTISING SECTION S-</a> <a title="Platts Insight Magazine December 2009 page 101" href="http://viewer.zmags.com/publication/6d272862?page=101"> SPECIAL ADVERTISING SECTION Space-</a> <a title="Platts Insight Magazine December 2009 page 102" href="http://viewer.zmags.com/publication/6d272862?page=102"> SPECIAL ADVERTISING SECTION Zorlu </a> <a title="Platts Insight Magazine December 2009 page 103" href="http://viewer.zmags.com/publication/6d272862?page=103"> </a> <a title="Platts Insight Magazine December 2009 page 104" href="http://viewer.zmags.com/publication/6d272862?page=104"> SPECIAL ADVERTISING SECTION R.</a> <a title="Platts Insight Magazine December 2009 page 105" href="http://viewer.zmags.com/publication/6d272862?page=105"> Insight with Impact A t R. W. Beck we advance th</a> <a title="Platts Insight Magazine December 2009 page 106" href="http://viewer.zmags.com/publication/6d272862?page=106"> global energy awards The Global Energy Award</a> <a title="Platts Insight Magazine December 2009 page 107" href="http://viewer.zmags.com/publication/6d272862?page=107"> tegic divestitures aimed at keeping the best and </a> <a title="Platts Insight Magazine December 2009 page 108" href="http://viewer.zmags.com/publication/6d272862?page=108"> global energy awards creating self-sufficient an</a> <a title="Platts Insight Magazine December 2009 page 109" href="http://viewer.zmags.com/publication/6d272862?page=109"> construction of an Alkylation unit while also beg</a> <a title="Platts Insight Magazine December 2009 page 110" href="http://viewer.zmags.com/publication/6d272862?page=110"> global energy awards J&J also owns some 2</a> <a title="Platts Insight Magazine December 2009 page 111" href="http://viewer.zmags.com/publication/6d272862?page=111"> they’ve given them the Energy Produc- er of the Y</a> <a title="Platts Insight Magazine December 2009 page 112" href="http://viewer.zmags.com/publication/6d272862?page=112"> global energy awards Shell has a 35% intere</a> <a title="Platts Insight Magazine December 2009 page 113" href="http://viewer.zmags.com/publication/6d272862?page=113"> gas campaigning efforts where Chesa- peake hits </a> <a title="Platts Insight Magazine December 2009 page 114" href="http://viewer.zmags.com/publication/6d272862?page=114"> global energy awards cut costs and increased pr</a> <a title="Platts Insight Magazine December 2009 page 115" href="http://viewer.zmags.com/publication/6d272862?page=115"> Do That” campaign seeks to remind people, vi</a> <a title="Platts Insight Magazine December 2009 page 116" href="http://viewer.zmags.com/publication/6d272862?page=116"> global energy awards Rising Star of the Year Enz</a> <a title="Platts Insight Magazine December 2009 page 117" href="http://viewer.zmags.com/publication/6d272862?page=117"> 2009 Award of Excellence Co</a> <a title="Platts Insight Magazine December 2009 page 118" href="http://viewer.zmags.com/publication/6d272862?page=118"> insight Advertiser Index America’s Natural Gas </a> <a title="Platts Insight Magazine December 2009 page 119" href="http://viewer.zmags.com/publication/6d272862?page=119"> The Smart Grid just got smarter and faster. Othe</a> <a title="Platts Insight Magazine December 2009 page 120" href="http://viewer.zmags.com/publication/6d272862?page=120"> </a>