Title: Texas
1Texas the United Kingdom Partners in Energy
Innovation
- Azeemeh Zaheer, Vice Consul (Energy - Oil
Gas)International Energy Team, UK Trade and
InvestmentBritish Consulate - General Houston
2UK Trade Investment
3UK Energy Bit of History
4Current Trends A Few Numbers
Global demand for energy has risen inexorably in
the last 150 years in step with industrial
development and population growth. Hunger for
energy is predicted to continue to rise, by at
least 50 by 2030, as developing countries like
China and India seek to fuel their rapid economic
growth.
5Innovation and RD
Commercialisation
Strategy
Research
Development
RD Phase I
Pilot
Finance
RD Phase II
6The Energy White Paper
Published in May 2007 states that the UK faces
two long term challenges
- Tackling climate change by reducing carbon
dioxide emissions both within the UK and abroad - Ensuring secure, clean and affordable energy as
the UK becomes increasingly dependent on imported
fuel - (www.berr.gov.uk/files/file39387.pdf)
7UK Priority
- Power and Renewables
- Wind onshore and offshore
- Carbon Abatement Technologies
- Nuclear Decommissioning
- Marine
- Oil and Gas
- Liquefied Natural Gas (LNG)
- Subsea structures
- Enhanced recovery
8BP - Rice University
- CASE STUDY
- BP selected Rice University (Houston) to lead a
consortium of renowned universities to support
its global technical learning program.
9Ubiquitous Technologies, Austin the University
of Hull
- CASE STUDY
- The University of Hull is renowned for its work
on liquid crystals materials, following its
invention of the first commercial liquid crystal
which heralded the advent of the multi-million
dollar liquid crystal display technology. The
University was awarded The Queens Award for
Technological Achievement in 1979 and a Royal
Society of Chemistry Chemical Landmark award in
2006 for achievements in this field.
10Brinker Technology Aberdeen University
- CASE STUDY
- Brinker Technology spun out from the University
of Aberdeen in 2003. Its work embodies the
perfect example of successful research
collaboration between industry and UK
universities. In November 2007, Brinker
Technology completed a 3 million deal with
Epi-V, a new specialist oil and gas private
equity fund and thus has the working capital to
undertake more projects and additional research.
11The Single EU Market
- The Single Market principle of mutual recognition
of standards means that British manufacturers can
sell their products all over the EU without
expensive re-testing in every country. - The Single Market has led to the scrapping of
some 10 million customs forms for UK firms alone,
saving UK business an estimated 135 million per
year. - Membership of the EU has made Britain a magnet
for inward investment the UK attracts 40 of the
EU's inward investment from the USA and Asia,
which are using the UK as a gateway to the Single
Market.
12How We Can Help
- Key executives
- Skilled workforce /
- graduate population
- Visas and work permits
- Salary benefits
- Personal tax
DETERMINING STRATEGY
IDENIFYING LOCATION
IDENIFYING PEOPLE
- Location
- customers, skills pool
- Infrastructure
- Growth potential
- Property
- Grants and incentives
- Business rationale
- Channels partnering
- Funding
- Corporate structure
- - taxation, transfer pricing
- - branch v subsidiary
- Outsourcing
- Accounting, legal services
- Consultancy
- Recruitment services
- Support from RDAs
SUPPORT
- Company registration
- Intellectual property
- Licences
- Data Protection
- Banking
- VAT, Customs
STARTING THE BUSINESS