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Technology is the Future of Energy

The World Energy Council’s Co-chair Younghoon David Kim delivered a keynote speech at the 2016 DongA New Energy Innovation Conference in February in Seoul hosted by one of Korea’s most respected major dailies, The DongA Ilbo.  The speech, entitled “Technology is the Future of Energy,” covered recent discussions Co-chair Kim that had in Davos where […]

Posted on 18 April 2016

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New Zealand FEL-100s host workshop looking at resilience issues

New Zealand participants in the World Energy Council’s FEL-100 programme, Jenny Lackey, Andrew Millar and Tina Frew, hosted a workshop in association with the Asia-Pacific Energy Leaders’ Summit organised in March by the New Zealand Member Committe of the World Energy Council on the topic of energy resilience. The theme of the workshop was ‘Investing in […]

Posted on 18 April 2016

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COP21 goals are the challenge for Slovenian energy policy

At the fourth International Energy Policy Considerations conference, organised by the Slovenian member committee and the Slovenian Chamber for Energy Industry, over 150 international participants from the EU Commission, academia, government and industry met to discuss a new national energy policy for Slovenia. It was widely agreed that the new policy must include energy transformation […]

Posted on 7 April 2016

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Worldwide roll-out of new visual identity

Following extensive consultation with World Energy Council National Member Committees and with the approval of the Communications and Strategy Committee, the rollout of the new visual identity started this month. The new logo design clearly highlights the name and in doing so represents the essence of the Council’s mission – to provide the premier energy […]

Posted on 23 March 2016

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Council joins APEC Working Group

Following support from member committees, the World Energy Council has been formally invited to join the Asia-Pacific Economic Corporation (APEC) Energy Working Group (EWG). As a guest to this key regional economic forum comprised of 21 member economies, the Council looks forward to fully contributing to the work of the APEC EWG. Initially, the Council is providing […]

Posted on 22 March 2016

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Africa Energy Indaba examined solutions for unlocking investment in Africa and scaling up renewables

International and African experts gathered at the 2016 Africa Energy Indaba (AEI) during the week starting Monday, 16 February, to share their insights and solutions to Africa’s energy crisis, while exploring the vast energy development and investment opportunities in Africa. The annual Indaba is the foremost African energy event for energy professionals from across the globe. […]

Posted on 24 February 2016

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

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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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World Energy Council issues 10-point action plan for sustainable future

Report lays out collective path for governments, industry, and finance World Energy Congress, Daegu, Korea, 15 October 2013: The World Energy Council (WEC) today issued a 10-point action plan for how governments, industry, and key decision-makers should refocus their efforts and resources to achieve real progress in resolving the energy trilemma. The report, “World Energy […]

Posted on 15 October 2013

Khalid Al-Falih

Saudi Aramco, GE Power speak at World Energy Congress

DAEGU, South Korea, October 14, 2013 In the first keynote speech of the World Energy Congress, president and CEO of Saudi Aramco, Khalid A. Al-Falih, and President and CEO of GE Power & Water, Steve Bolze, summed up the energy challenges of the coming decades. The duo put forward a line-up of solutions — from […]

Posted on 14 October 2013

2013 World Energy Congress, Day 1, Opening session "Tomorrow's energy: Connecting the dots"

Decisive leadership needed in an uncertain energy era

Industry leaders gathered at the World Energy Congress agreed on 14 October that the energy environment is getting more and more complex and uncertain, and policy makers need to chart a course that ensures both affordability and sustainability. Christoph Frei, Secretary General of the World Energy Council, pointed to post-Fukushima safety concerns and the collapsing […]

Posted on 14 October 2013

Zengo Aizawa

Japan remains committed to nuclear even after Fukushima

Nuclear energy remains very much a part of Japan’s energy mix even after the Fukushima accident, said executive vice president and chief nuclear officer of Tokyo Electric (TEPCO) at a session on Monday of the World Energy Congress in Daegu, South Korea. “Japan has limited sources of renewable energy such as wind, solar or hydro,” […]

Posted on 14 October 2013

2013 World Energy Congress, Day 1, Session Game Changer, "Energy Storage: Defining the future for e-Mobility and renewables"

E-Mobility still a long way from powering the smart grid

Aside from E-mobility, multiple energy storage technologies are available now, but need further development New government policies must match innovations in energy storage Businesses must pay for the R&D of new energy storage technologies   Daegu, South Korea, 14 October 2013 – Technological advances in energy storage could reshape the way we procure and consume […]

Posted on 14 October 2013

2013 World Energy Congress, Day 1, Session Bottom Line "World coal outlook: Innovations for tomorrow's energy"

World coal outlook

Coal is not going away soon as a major world source of thermal energy, regardless of the remarkable developments in shale gas in North America, concluded a panel of experts speaking at the World Energy Congress on 14 October. The main economic driver for the continuance of coal, they said, is its comparatively low cost […]

Posted on 14 October 2013

2013 World Energy Congress, Day 1, Session What does it take? "Transition a country in a decade"

Energy Transition must have societal support to be sustainable

Transitions are only sustainable if they follow the will of society If change is desired then the costs must be made visible Renewables must be scrutinised for how they perform against the market Ideal energy mix is specific to each country World Energy Congress Daegu 2013, Republic of Korea The energy transition desired by many […]

Posted on 14 October 2013

2013 World Energy Congress, Day 1, Session What does it take?, "Fusion: Betting on a different future?"

Korea well positioned for “knowledge-based” fusion energy

A leading researcher into nuclear fusion as a potential energy source says the drive to develop fusion energy is both “important and urgent,” especially for South Korea. Lee  Gyung-Su, Research Fellow at South Korea’s National Fusion Research Institute (NFRI), told attendees at the World Energy Congress on 14 October that “fusion is knowledge-based energy, not […]

Posted on 14 October 2013

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