--Paradigm Shift on Diversity Integration as Strategy for Economic Progression.Globalization and integration
of Energy Business over past one decade, on account of major trade drivers: Expanding Energy Markets, Fluctuating Costs and Geopolitical control over Global Hydrocarbon Resources, World-wide Global Competition for Cheaper and Greener Energy with developments of Sustainable Energy Portfolio, and Emergence of Trading Blocks on a New Alignment of World’s Economic,
Environmental and Energy Orders, resulted in Restructuring of Global Energy Majors to redefine their business strategies, while integrating various components, to meet challenges of future energy projections. Issues focused to derive threshold dimensions on energy-
integration and project management, are: Changing Orientation of Energy Business, Evolving treatise on Sustainable Development, Merits of Global Energy Leaders, and Strategizing to integrate Global Energy Portfolios. Paper aggressively focuses to key parameters: environmental challenges, economic growth, energy production and consumption profiles, demography and matrices of energy-use on available energy-portfolio, and furthermore, emerging scenario on global knowledge for portfolio and project management, resulting in project-sustainability in associative-partnership of industry’s stakeholders. Outlook for globalization and cross-boundary integration, merger and acquisition of geographically discrete economies and related socio-economic and environmental dimensions on global energy business in 21st century are prime challenges of New World Energy Order vs. New World Economic Equation. It is aimed at to take a fresh look at emerging trends in developing sustainable energy portfolio, diversity integration as strategy for economic progression, socio-economic and environmental imbalances to synthesize threshold dimensions for vertical integration of energy business. Paper concludes in deriving socio-economic model, building long-term relationships on stakeholders’ concerns in environmental framework for sustainable projects’ operations and community-development in terms of economic growth. It further evolves “Roadmaps”, on today’s business treatise for preventing pollution, conserving resources, measuring progress, maintaining crisis-readiness, addressing community-concerns, working with governmental / nongovernmental agencies, and reporting results to develop standards to protect society and ecosystems, resulting in improving compatibility and project operability at large. Author : Dr. Jagdish P. N. Giri,
Founder and Executive Director,
Aaditya Energy Foundation, Chennai, India
E-mail: jpngiri@aadityaenergyfoundation.com