NEW ENERGY PUBLICATION LAUNCHED BY UH’S
MICHAEL ECONOMIDES
World Energy Monthly Review Offers Hard-hitting Analysis of Energy
Sector
HOUSTON, April 11, 2005 – Michael Economides, University
of Houston chemical engineering professor, and World Energy magazine
launched a new energy publication. World Energy Monthly Review debuts
in April.
This new publication will focus more on analysis and commentary
and have more in-depth editorial independence than its sister magazine.
It will provide a discussion forum for energy’s role in becoming
a strategic factor in global geopolitics. While the authors of World
Energy magazine have been mostly top CEOs in the energy industry,
World Energy Monthly Review will be more analytical and evaluative
in nature.
“We will not hesitate to criticize anyone in the energy
industry,” Economides said.
With Economides as editor-in-chief and Senior Writer Robert Bryce,
a noted reporter and author of “Pipe Dreams” and “Cronies,”
at the helm, the editorial board includes a host of Russian, Chinese
and American editors. The review will be funded through numerous
external sources, subscription fees and partially through World
Energy magazine.
According to Economides, energy consumption, which is crucial
to national power and economic growth, will be the most discernible
national characteristic that separates rich from poor countries
in the future. The United States is the richest nation in the group
and one of the most intense energy users in the world. Energy use
in developed countries is a function of geography, the makeup of
the countries and preferences of the people. The world’s most
populous countries – China and India – continue to lag
behind in income and energy consumption. For these two nations to
reach the developed world’s level, much remains to be accomplished,
presenting an international challenge.
“There is a substantial imbalance in the location of energy
producers and consumers,” Economides said. “This imbalance
has precipitated world conflicts and one that will likely cause
future upheavals. Prominent among these areas is the Middle East
where five of the six countries with 75 billion barrels of reserves
are located. The Straits of Hormuz, through which one third of all
world oil trade passes, is a geopolitical choke point. Other areas
such as Venezuela, Nigeria and Indonesia also have caused or are
causing difficulties in their ability to deliver oil.”
Notably, energy consumption due to wealth and primary energy sources
has not been constant in the last two centuries. The process has
been dynamic and technology has played a strong role. Nations have
and continue to rise in status by adopting developed technologies
and efficiencies, without having to repeat pioneering processes
already accomplished by other countries, such as the United States
and the United Kingdom, he said.
“Of considerable significance is the change of fuels from
wood to coal to oil and now to natural gas and, eventually, to hydrogen,”
Economides said. “The de-carbonization of fuels is an extraordinary
evolutionary process, and natural gas is viewed as the compelling
next fuel of choice worldwide, as well as a necessary stepping stone
toward hydrogen.”
With the vast, worldwide concern for energy and upcoming changes,
World Energy Monthly Review anticipates providing the discussion
ground for further elaboration.
“We hope that someday the review will become THE true, hard-hitting,
no-holds-barred energy analysis magazine in the world,” Economides
said.
For more information about World Energy Monthly Review, visit http://www.worldenergysource.com/wemr/index.cfm.
About the University of Houston
The University of Houston, Texas’ premier metropolitan research
and teaching institution, is home to more than 40 research centers
and institutes and sponsors more than 300 partnerships with corporate,
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About the Cullen College of Engineering
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students, the college offers accredited undergraduate and graduate
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