• CERAWeek
  • March 18 - 22, 2024

Marshall Nichols

National Petroleum Council (NPC)

Executive Director

Marshall W. Nichols currently serves as the Executive Director of the staff of the National Petroleum Council, having previously served in various capacities on the Council's study coordination staff. The National Petroleum Council is a self-supported advisory body to the Secretary of Energy that was originally established in 1946 at the request of President Harry S. Truman. The sole function of the Council is to advise, inform, and make recommendations to the Secretary on matters relating to oil and natural gas or the oil and gas industries. The permanent staff assists the Council in the coordination, publication, and distribution of the reports it makes to the Secretary of Energy. Recent activities have focused on the Council’s analysis of actions to increase supply and improve resilience of U.S. petroleum markets, and initiatives and actions to help ensure a more manageable transition to a net-zero economy. The Council is currently preparing studies at the Secretary’s request on deployment of hydrogen energy at scale and reduction of greenhouse gasses across the U.S. natural gas value chain. Born in Washington D.C., he attended Randolph-Macon College in Ashland, Virginia, and received his B.S.B.A. degree from Georgetown University in Washington D.C. Prior to joining the Council, Mr. Nichols worked in systems engineering and design for the U.S. Underseas Cable Corporation.  Mr. Nichols and his wife, Linda, have three children and eight grandchildren, and reside on their 18th century family farm in Howard County, Maryland.

Sessions With Marshall Nichols

Wednesday, 8 March

  • 07:15am - 08:20am (CST) / 08/mar/2023 01:15 pm - 08/mar/2023 02:20 pm

    Resilience, Technology Pathways and Energy Transition: The new National Petroleum Council reports

    Energy Transition/Climate & Sustainability
    In July 2022, U.S. Secretary of Energy Jennifer M. Granholm requested that the National Petroleum Council (NPC) conduct an analysis on the energy transition, including steps industry is taking to be an active player in a net-zero economy by 2050. The Progressing to Net Zero report identifies several critical considerations to be taken into account to enable a successful transition over future decades: Transition should be source agnostic; Increased technology collaboration is required to accelerate transition; Policy support is necessary to accelerate deployment and cost reductions; The oil and gas industry has an essential role to play to reduce emissions; Federal, state and local governments also have essential roles to play; Policies that inadvertently cause shortages and consumer pain should be avoided and the energy transition will require significant new investments.