Gas flaring is now recognized as a major contributor to the emission of harmful gases affecting climate change and society by creating increased incidences of cancer in communities close to flaring sites. Sadly, flaring has been around for more than 150 years since the advent of oil and gas production,…
Michael Stusch is the executive chairman and chief executive officer (CEO) of H2-Industries SE and managing director of the Global Energy Trading Foundation GmbH. He has built H2-Industries over the last decade into an energy storage company based in Germany. His achievements include developing scalable LOHC eDevices, which can be used to store and release electrical power in a cost-effective way.
Stusch is an experienced entrepreneur focused in the high-tech sector and founded ADTECH AG (Internet pioneer in the area of online advertising) and sold it successfully in 2007 to AOL/Time Warner.
He holds a master’s degree in Precision Engineering from the University of Frankfurt (Germany) and studied mechanical engineering and business administration in Darmstadt (Germany).
Oil and gas operations are commonly found in remote locations far from company headquarters. Now, it's possible to monitor pump operations, collate and analyze seismic data, and track employees around the world from almost anywhere. Whether employees are in the office or in the field, the internet and related applications enable a greater multidirectional flow of information – and control – than ever before.