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EP 53: Robert Brook from RBAC, Inc.
Manage episode 444543484 series 3493211
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Discover the truth about hydrogen's role in energy with John and Dr. Robert Brooks, founder of RBAC, Inc., on the Energy Bytes Podcast! Dive deep into the complexities of hydrogen in the energy mix, as Dr. Brooks shares his 40+ years of experience in natural gas markets. Explore the challenges and potential benefits of integrating hydrogen, and how RBAC's innovative software assists energy companies in forecasting market trends.
Key Takeaways:
- Discover how hydrogen's environmental appeal is balanced with its production challenges.
- Learn about the advancements in natural gas market forecasting and technology integration.
- Uncover the potential future of energy markets with hydrogen and natural gas collaborations.
The Backstory: From MIT to founding RBAC, Dr. Brooks shares his journey and how his work revolutionized energy market analysis.
The Future: How hydrogen and natural gas can coexist in the evolving energy landscape.
Guest Bio: Dr. Robert Brooks is a pioneer in energy market analysis, leading RBAC, Inc. in providing critical insights for the energy sector.
00:00 - Intro
00:27 - Hydrogen Energy
06:49 - RBAC Overview and Services
16:44 - Enverus Startup Journey
18:20 - Original SAS Model Explained
22:40 - Dr. Rao's Entrepreneurial Journey
24:55 - Natural Gas Market Evolution
27:09 - Data in the 90s: A Retrospective
32:37 - Incorporating Data into Models
35:44 - The Danger of Good Design
38:04 - Beautiful vs. Ugly Equations
41:03 - User-Friendly Systems and Algorithms
44:30 - Energy Systems: Poor vs. Rich Countries
46:13 - Energy Policy Class Insights
51:51 - Understanding Negative Gas Prices
58:23 - Flat Natural Gas Prices Explained
1:02:40 - Early Natural Gas: The Nuisance Gas
1:05:12 - Forecasting Techniques in Energy
1:06:48 - Platform Users and Applications
1:12:18 - Likelihoods and Risk Analysis
1:16:34 - Learning in Resource Economics
1:19:20 - Finding David: A Guide
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