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The political economy of energy prices

Over recent years, energy prices have played a key role in the development of political events. Oil price volatility has created winners and losers both at national and international level, as well as altering the balance of political economy at a national level and impacting on regional geopolitics.  What actions should governments undertake in order […]

Posted on 6 December 2016

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World Energy Council brings 7 new realities in energy to COP22 negotiations in Marrakech

As a UN accredited body since 1953, the World Energy Council is recognised as a reliable source of thought leadership and information to the United Nations Framework Convention on Climate Change (UNFCCC) process, negotiating teams and stakeholders. To keep the momentum of the World Energy Congress and the Council’s thought leadership on embracing the new […]

Posted on 24 November 2016

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Future energy markets: The grand transition of Estonian energy policy

The World Energy Council and some of Estonia’s and Nordic key energy players convened to discuss what the future holds for global, European, and Estonian energy policy in the face of rapid innovation and other new realities facing the energy sector. Dr Christoph Frei, Secretary General, World Energy Council, opened the conference with an overview […]

Posted on 24 November 2016

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Experts exchange best practices on renewable energy integration as part of Power Africa initiative

Senegal is actively pursuing reform policies in the energy sector with a strong focus on promoting renewable energy. Senegal aims to achieve the electrification rate of 50% in rural areas, 96% urban areas, and 70% of national level by 2017. Current energy policy is reflected in the Lettre de Développement du Secteur de l’Energie, a […]

Posted on 24 November 2016

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Future Energy Leaders launch Human Capital taskforce report at 23rd Congress

The energy sector is clearly facing a period of grand transition in the face of potent new challenges and innovative and disruptive technologies.  Oil prices will  continue to drop, fossil fuels will continue to supply more than three-quarters of world energy use in 2040, and natural gas  is expected to grow the fastest impacting on […]

Posted on 24 November 2016

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Realising Africa’s potential at the 23rd World Energy Congress

With Africa’s rapidly growing population making ever increasing demands for greater energy access it is difficult to overestimate the scale of the challenge facing the continent. But it is also hard to match the sense of optimism and excitement that energy experts express about the opportunities to transform sub-Saharan Africa’s energy footprint in positive and […]

Posted on 24 November 2016

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“The discussion of peak oil has moved to a discussion of peak demand”

In Focus magazine, World Energy Council Secretary General Christoph Frei describes the backdrop in which the energy sector is preparing for the new energy realities, for the Grand Transition. According to Frei, the “Discussion of peak oil has moved to a discussion of peak demand” (also see the latest World Energy Scenarios report launched at the […]

Posted on 17 November 2016

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World Energy Council increases its presence in South East Asia

Leading power companies convened in Singapore to officially  launch the new Singaporean member committee of the World Energy Council on 10 November. With Singapore setting ambitious goals to reduce energy emissions intensity and stabilise greenhouse gas emissions outlined in the COP21 accord agreed in Paris, the Council’s Singaporean member committee and its constituent organisations will […]

Posted on 9 November 2016

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Key highlights of the 23rd World Energy Congress available now!

The 23rd World Energy Congress  was an amazing opportunity for member committees to network and gain valuable insights from the many of the key players within the energy sector. The World Energy Congress held in Istanbul between 9 and 13 October provided a unique opportunity to take a complete and global view on pressing and […]

Posted on 31 October 2016

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Heads of State address delegates at 23rd World Energy Congress

Four heads of states from some of the world’s largest suppliers of energy, convened to discuss tackling critical energy issues at the 23rd World Energy Congress in Istanbul on 10 October. President Vladimir Putin of Russia, President Ilham Aliyev of Azerbaijan and President Nicolas Maduro of Venezuela joined Recep Tayyip Erdogan, President of host nation, […]

Posted on 31 October 2016

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More than 1000 registered media reported coverage of 23rd World Energy Congress

More than 300 international media outlets including the Financial Times, Handelsblatt, Bloomberg TV, El Pais, Die Spiegel, CNN, Reuters, China Central TV, The National, Xinhua and Anadolu News Agency attended the 23rd World Energy Congress. A number of member committees also brought media delegations with them. As well as CNBC being the official media partner […]

Posted on 31 October 2016

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World Energy Council 2016 Executive Assembly gets off to a flying start ahead of 23rd World Energy Congress

More than 40 member committees and a number of delegates convened at the second World Energy Council 2016 Executive Assembly in Istanbul to discuss key global topics and regional energy issues impacting the energy sector. This year’s event took place directly ahead of the 23rd World Energy Congress between 7 and 9 October with the […]

Posted on 31 October 2016

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Developing a new dynamic with gas and LNG

Growing supplies of unconventional gas, led by US shale gas and Australian coal-bed methane (CBM), are emerging on the global market as LNG, transforming the market with dramatic price developments in Asia and beyond.

Posted on 12 October 2016

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The UN secretary-general addresses the 23rd World Energy Congress

The UN Secretary-General Ban Ki-moon commended the World Energy Council for emphasising the “energy trilemma,” the World Energy Council’s definition of energy sustainability based on three core dimensions: energy security, energy equity, and environmental sustainability.

Posted on 12 October 2016

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World energy ministers consider requirements for quick smooth energy transition

The private sector has a role to play in pushing for a bigger share of renewables in the energy mix, according to Energy Ministers gathered at the World Energy Congress in Istanbul. Energy and Environment ministers from UAE, Switzerland, Sudan, Ecuador and Afghanistan were joined by senior industry players …

Posted on 12 October 2016

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Commodity prices will continue to be highly volatile, in shorter cycles

At the World Energy Congress, a high-level discussion took place about OPEC’s new production ceiling, the motives behind it and the potential OPEC/non-OPEC collaborative effort in this direction. Public and private actors discussed the role of OPEC, the fundamentals of supply and demand, the acceleration of cycles and the need to invest in new projects.Patrick Pouyanné, Total’s Chief Executive Officer, …

Posted on 12 October 2016

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INTEGRATION KEY TO SECURING LATIN AMERICA’S ENERGY FUTURE

In a panel at the World Energy Congress in Istanbul, Ecuador’s Minister of Electricity and Renewable Energy Esteban Albornoz Vintimilla emphasised the need for a surplus of energy to adequately respond to natural disasters. “In Ecuador, we have very short periods of time for reconstruction. Electricity is absolutely crucial to react to natural disasters. We need to connect countries together to eliminate a

Posted on 12 October 2016

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LNG market set to expand

The sale of both coal and oil, LNG’s main competitors in the energy mix, have risen in 2016. Renewables are also expected to challenge gas as a leading source of tomorrow’s energy.

Posted on 12 October 2016

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Understanding and mitigating the risks of cyber attacks in the energy industry

When it comes to dealing with cyber threats to energy systems, companies not only struggle to assess the risk but also often fail to develop the in-house tools to understand their own response.

Posted on 11 October 2016

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Regulations must be developed properly to encourage renewables

Renewable energy makes up nearly around 30% of the world’s installed generation capacity, and and almost a quarter of electricity production. However, wind and solar, in part because of the challenges their variability poses to integration into the power grid, make up less than 5% of generated power.

Posted on 11 October 2016

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2016 Energy Trilemma Index ranking shows global energy sector shifting priorities towards more balanced energy mix

With 9 out of the top 10 countries being from Europe, the NEW 2016 Energy Trilemma Index shows that EU cooperation on long term policy contributes to regional Trilemma success. The Index provides a comparative ranking of 125 countries in terms of their ability to provide secure, affordable and environmentally sustainable energy systems. Find out now where you country ranks and how to improve its score!

Posted on 11 October 2016

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Regional Integration will secure Asia’s future

Regional integration could be a way to improve generation and transmission, as markets on the continent struggle to supply clean, affordable energy over vast distances and to high-demand centres. It could also increase resilience to the damage caused by extreme weather events.

Posted on 11 October 2016

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