This webinar introduces the concept of energy return of investments (eROI), often referred to as net-energy returns, and discusses fundamental challenges of variable renewable energy, as well as the implications. The discussion covers the raw materials required as well as other environmental aspects for today's and tomorrow's energy systems. The presenter has 20 years of commodity background, has lived and worked in Asia, North Americas, Europe, and Africa, and recently published a book on the same subject. It is a thought-provoking presentation that will stimulate a dialog on the key assumptions behind the energy transition. Lars will conclude with suggestions about the future of energy.

Speaker: Dr. Lars Schernikau

Lars Schernikau is an Energy economist, Entrepreneur, commodity trader, and book author on energy commodities. He currently lives in Europe and Asia. Previously, Lars worked at the Boston Consulting Group in the US and Germany. He is shareholder and former supervisory board member of two Germany listed commodity companies and founded, worked for, and advised number of other companies in the commodity & energy sector worldwide. Educated at New York University and INSEAD in France, he holds a doctoral degree in economics from Technische Universität Berlin. Today, next to his operational work in the commodity industry, he regularly speaks at major energy & commodity conferences and workshops around the world. Lars advises selected governments, banks, and conglomerates on energy policy.