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Extreme storm city

Resilient energy needs smarter not just stronger solutions: Safe-Fail not Fail-Safe

New approaches are required for the management and financing of energy infrastructures as companies and governments seek to meet the challenges of increased extreme weather risks. New thinking is needed says the latest report from the World Energy Council, ‘The road to resilience – managing and financing extreme weather risks’.

Posted on 30 September 2015

UN SDG logos

World Energy Council welcomes energy inclusion in UN Sustainable Development Goals

As world leaders gather for the UN General Assembly to formally adopt new Sustainable Development Goals, the World Energy Council welcomes the inclusion of the energy goal: ‘Ensure access to affordable, reliable, sustainable and modern energy for all’.
Christoph Frei, Secretary General of the Council said: “The adoption of energy among sustainable development goals is timely, critical and historic. […]”

Posted on 25 September 2015


Future Energy Leaders active in Latin America

Francisco José Galtieri, a project leader and consultant in the oil and gas industry in Argentina, talks to Inside about what motivated him to take an active part in FEL-100 activities.  Why did you become a FEL? I joined the FEL community as it seemed an opportunity for a young professional to broaden his knowledge […]

Posted on 23 September 2015

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Time of greatest energy uncertainty

In a presentation to insurance company Swiss Re, Christoph Frei talked about his concerns for the future with a warning of dramatic consequences if no action was taken.  The following are extracts from his talk: “The World Energy Council is issuing a warning that we are living in times of great energy uncertainty.  More than […]

Posted on 23 September 2015

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How to secure reliable power supplies to mega cities

Tokyo Electric Power Company, TEPCO, has been invited by the Japanese Member Committee to lead a study entitled “How to Secure Reliable Power Supply to Mega Cities”. The latest insights on the work were presented at a workshop where around 30 experts from Asian countries gathered. This initiative, which is closely linked with the World […]

Posted on 23 September 2015

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Reform tops the agenda in Mexico

Against a background of energy change that is taking place in Mexico in terms of regulatory markets, low carbon economies and resilience strategies, Christoph Frei presented a speech at the VII joint annual congress of the energy sector associations in Acapulco, Mexico in September. In the speech he highlighted issues emerging from the World Energy […]

Posted on 23 September 2015


First South American Energy Forum promotes regional integration

The first South American Energy Forum to promote regional integration projects in Latin America organised by the World Energy Council and the Union of South American Nations with the support of the Ministry of Electricity and Renewable Energy took place in Quito in Ecuador in September. The Forum which was opened by the Vice-President of […]

Posted on 23 September 2015

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World Energy Academy Programme Update

Since the launch in Argentina in 2014 of the first World Energy Academy programme designed to provide national level training programmes, countries from every region have expressed their support of the initiative. Almost 20 countries, such as Estonia and Lebanon are planning to shortly set up Academies, with nine countries saying they will set up […]

Posted on 18 August 2015

Session Game Changer, "Natural gas markets and geopolitics: A map in transition", Day 2, 2013 World Energy Congress

Shale gas revolution impact may be limited in Asia

Panel participants said on 15 October that shale gas is a significant game changer, particularly in North America, but those in Asia who hope it will transform energy pricing are unlikely to be satisfied because the pace and scale of the shale gas revolution in North America will be difficult to replicate. China has vast […]

Posted on 15 October 2013

2013 World Energy Congress, Session Bottom Line, "The rise of NOCs and Independents: More of the same or changing the game?", Day 2

The other players: Independents and National Oil Companies

The resource ownership map has changed dramatically to the benefit of National Oil Companies (NOCs) and International Oil Companies (IOCs), speakers at the Daegu 2013 Congress said on 15 October. NOCs now control approximately 90% of the world’s oil reserves and 75% of production as well as many of the major infrastructure systems. In addition, an […]

Posted on 15 October 2013

Mr Farrukh Mian, Saudi Arabia, 2013 World Energy Congress, Day 2, Session What does it take?, "Is development finance delivering inclusive green growth?"

Development banks need to focus on energy projects

The World Bank is too small for the scale of problems it needs to address, said Michael Eckhart, Managing Director & Global Head of Environmental Finance and Sustainability at Citigroup. “Why do we allow the World Bank to be so small? A friend at the World Bank said they are doing up to $30 billion […]

Posted on 15 October 2013

Ms Agneta Rising, 2013 World Energy Congress, Day 2, Session What does it take?, "Effective international governance on nuclear"

Prospects low for international nuclear safety standards

More than two years after the Fukushima reactor accidents, the World Energy Congress on 15 October was told that the establishment of legally binding international regulations on nuclear safety remains an elusive goal. Most experts pinned their hopes on enforcement of regulations by individual governments and greater international collaboration within the nuclear industry. “More needs […]

Posted on 15 October 2013

2013 World Energy Congress, Day 2, Session Regional Crossroads, "Eurasia: Partnerships to unlock its full potential"

Untapped resources in Central Asia promise great rewards and challenges

Central Asia offers vast potential for energy procurement, but challenges lie ahead for the region’s nations as well as the foreign players that are needed to develop energy resources, which could produce around 3% of global energy needs, the World Energy Congress was told on 15 October. The area offers resources that include coal, natural […]

Posted on 15 October 2013

2013 World Energy Congress, Day 2, Session Regional Crossroads, "Far Eastern super-grid"

North Korea holds key to East Asian “super-grid”

North Korea remains the biggest issue of uncertainty in shaping a vision for a “super-grid” to integrate power generation and distribution in Northeast Asia, industry leaders said on 15 October. The innovative proposal, still very much in the drawing board stages, would connect the electricity grids of China, Mongolia, Japan, South Korea, Russia, and potentially […]

Posted on 15 October 2013

Ms Christiana Figueres, Germany, 2013 World Energy Congress, Closing session, "Clean energy without borders"

Global energy access begins with reducing borders

In order to achieve the UN goal of universal access to electricity by 2030, there must be movement toward eliminating border restrictions that prevent clean energy technologies from reaching those who need them most. International and national efforts are “absolutely critical,” said Christiana Figueres, the Executive Secretary of the UNFCCC. “The quality of energy determines quality […]

Posted on 15 October 2013


Energy industry has as many opportunities as challenges

Thanks in part to the emergence of new business models and services, the energy industry as many opportunities as challenges, Fulvio Conti, CEO & General Manager of Italy’s Enel, told the World Energy Congress on 15 October. “The world doesn’t look round anymore. It doesn’t look flat, either,” he said. Rather, it’s a triangle or […]

Posted on 15 October 2013

Q2 2013 global Levelised cost of electricity  - Graphic - WEC

World Energy Council and Bloomberg New Energy Finance launch global energy costs analysis

Unique perspective on relative costs of developing and delivering electricity from energy sources around the world World Energy Congress, Daegu, Korea, 15 October 2013: The World Energy Council (WEC) and Bloomberg New Energy Finance (BNEF) today launched a new landmark report into the worldwide cost of developing and delivering electricity. The study, “World Energy Perspective: […]

Posted on 15 October 2013

wec daegu 2013 logo

World Energy Council report confirms global abundance of energy resources and exposes myth of peak oil

World Energy Congress, Daegu, Korea, 15 October 2013: There is a greater abundance of energy resources in the world today than at any other time, and, if properly managed, the reserves are sufficient to meet even a significant upturn in demand for decades to come, according to “World Energy Resources 2013”, a report released today […]

Posted on 15 October 2013

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