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Energy transition: a tale of two countries

Japan and Germany have much in common in their energy situations, as participants from a recent WEC member event heard. The WEC’s Japanese member committee heard an analysis of the German energy transition in a talk by Dr Hans-Wilhelm Schiffer, WEC Chair of World Energy Resources and a German energy expert, in Tokyo on 24 […]

Posted on 3 April 2014

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World Energy Council study highlights massive challenges to the energy system of Latin America and the Caribbean

The Latin America and Caribbean region must optimise its energy supply options nationally and across the region in order to support the needs of its growing economies and increasing population, according to a World Energy Council (WEC) report to be presented today at an event organised by the Colombian member committee of the WEC (COCME).

Posted on 31 March 2014

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World’s two largest water and energy organisations team up to highlight the water-energy nexus in celebration of World Water Day

World Energy Council and World Water Council step up partnership 24 March 2014, London & Marseille – The World Energy Council (WEC) and World Water Council (WWC) announce that they have joined forces to bring the issue of the water-energy nexus to the fore in the run up to the 7th World Water Forum, to […]

Posted on 24 March 2014

African City with people

Seeking answers to Africa’s energy trilemma

Balanced energy policy and engaged entrepreneurship are essential elements to enabling Africa’s development, says WEC Secretary General Christoph Frei. Africa’s energy sector has long been working to widen energy access to unlock the continent’s vast potential. Energy access remains a critical priority for this dynamic region. Globally, 1.2 billion people – equivalent to India’s population – do […]

Posted on 12 March 2014

AEI 2014_South Africa’s energy minister Dikobe Ben Martins, Bonang Mohale

Africa Energy Indaba one step closer to unlocking the continent’s potential

The Africa Energy Indaba concluded last month (18–20 February) in Johannesburg, South Africa. The event is the WEC’s regular annual African gathering. Africa’s wealth of energy resources and untapped potential was highlighted, as was the need for more enablers that can unlock energy access for the broader population and new markets. Opening the Indaba, South […]

Posted on 7 March 2014

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World Energy Council comments on nuclear energy three years since Fukushima

LONDON, 6 March 2014 — Ahead of the three-year anniversary of the Fukushima nuclear accident on 11 March, the World Energy Council (WEC) issues the following statement. Christoph Frei, Secretary General of the World Energy Council, comments: “In our study on nuclear energy in March 2012, we found that Fukushima had had limited impact on […]

Posted on 7 March 2014

Powerlines in New Zealand

WEC New Zealand highlights world energy issues

The World Energy Issues Monitor will be a hot topic in New Zealand’s energy discussions this week as the BusinessNZ Energy Council (BEC), the WEC member committee, launches the report nationally. John Carnegie, Secretary of the committee, talks about what’s keeping New Zealand energy leaders awake at night.

Posted on 4 March 2014

2014 World Energy Issues global

WEC report highlights the critical issues affecting the global and regional energy sector

For the first time energy price volatility and recession have replaced climate framework uncertainty as dominant concern among world energy leaders

Posted on 18 February 2014

José Manuel Soria, the Spanish Minister of Industry, Energy and Tourism

Global governance, energy efficiency and unconventionals highlighted at WEC Spain event

Energy efficiency management and environmental care have become the top two issues in Europe, and so imminent action is required to guarantee the energy sector’s competitiveness and profitability.

Posted on 31 January 2014

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Inconvenient truth: Current technologies, policies, and innovation are not enough to meet climate goals

Unprecedented uncertainty is leading to short-termism in energy investments, according to the World Energy Council’s World Energy Scenarios report COP-19, Warsaw, Poland, 19 November 2013: The world is set to face several significant challenges in balancing global energy needs in addressing the triple challenge of the energy trilemma over the next four decades, according to […]

Posted on 19 November 2013

Mr Fatih Birol, France, 2013 World Energy Congress, Day 3, Session Regional Crossroads, "Showcase for Asian green growth"

Korea’s “green growth” story reveals possibilities, challenges for Asia

Many Asian countries have integrated the concept of green growth into their national visions or strategies to cope with rising energy demand, delegates at the Daegu 2013 Congress were told on 16 October. South Korea’s “green economy” offers an example for the rest of Asia of how to reduce the region’s dependence on coal. Korea adopted […]

Posted on 16 October 2013

Igor Sechin, Russia, 2013 World Energy Congress, Day 3, Closing session, "Special addresses"

Rosneft CEO lays out Russia’s enormous prospects for meeting global energy demands

Energy concerns in emerging economies are “skyrocketing” and global energy consumption is on the rise, requiring creative solutions and technological know-how, said Igor Sechin, CEO of the Russian government-owned oil company Rosneft. Russia is in an excellent position to help meet the world’s energy demands, thanks to its rich energy resources, open and stable political […]

Posted on 16 October 2013

2013 World Energy Congress, Day 3, Closing session, "Ministerial dialogue: Energy in Transition"

The dilemma over the trilemma

Whether governments should subsidize energy costs for the world’s poorest consumers emerged as a point of heated debate at the World Energy Congress during the closing plenary session for 16 October as government ministers discussed how countries should coordinate energy policies to achieve the triple goals of security, sustainability, and equity in energy policy. Ministerial […]

Posted on 16 October 2013

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South Korean President promotes international energy cooperation

South Korean President Park Geun Hye told WEC Daegu 2013 on Wednesday that international cooperation is needed to meet global energy challenges, while a “creative energy economy” should be promoted in which Korea can play a leading role. “As the World Energy Council points out, the Energy Trilemma, the trade-offs between energy security, social equity […]

Posted on 16 October 2013

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World Energy Council study reveals slowdown in energy efficiency despite growing government involvement

World Energy Congress, Daegu, Korea, 16 October: The World Energy Council’s latest energy efficiency study reports a general slowdown in energy efficiency improvements, it was announced today. The report, “World Energy Perspective: Energy Efficiency Policies”, is produced in collaboration with France’s energy and environment agency, ADEME. The report shows that more and more countries are […]

Posted on 16 October 2013

Peter Voser speaking at the World Energy Congress

Korea to play “important” part in global energy market, says Royal Dutch Shell CEO

Energy demand in Asia could more than double in the next 50 years, and a “historic phase” of industrialization and urbanization in Asia’s emerging economies means Korea is well-placed to be an important player, said Peter Voser, the CEO of Royal Dutch Shell. “South Korea is an appropriate place to focus on this issue,” he […]

Posted on 15 October 2013

Financing Session

Financial markets must play role in energy development

Markets must assist to encourage energy investments Governments need to fashion long-term energy policies to ensure financing MENA political turmoil could offset promise of cheap energy prices due to U.S. shale gas boom. Energy experts told delegates at the World Energy Congress Daegu 2013 that financial markets must assist to ensure investment in energy. Seethapathy […]

Posted on 15 October 2013

2013 World Energy Congress, Day 2, Session Face to Face, "Shale gas and oil: Is it just a bubble?", Gerard Mestrallet, France & John Defterios, UAE

Shale gas and oil: Is it just a bubble?

The shale gas and oil boom has been an incredible phenomenon and has the potential to transform the oil and gas industry, the World Energy Congress was told on 15 October. Gérard Mestrallet, the Chairman & CEO of French utility company GDF Suez, said that he disagreed with suggestions that some of the claims regarding […]

Posted on 15 October 2013

What is the next game changer

What are the game changers?

Industry leaders say strategic innovation, high technology key to exploiting less conventional energy sources Strategic innovation and technological progress are key in changing the energy game Exploiting lesser-known conventional and unconventional energy deposits will involve risk Methane hydrate, deep water and arctic drilling, oil shale, and shale gas have potential Innovation, technology, and long-term commitment […]

Posted on 15 October 2013

2013 World Energy Congress, Day 2, Session Bottom Line "The untapped hydro potential: Opportunities and risks"

The untapped hydro potential: Opportunities and risks

While it remains easier to build a coal plant than a hydro one due to social and environmental concerns, hydropower is enjoying something of a renaissance as large hydro projects seek to exploit the huge unused potential in Central Africa, Latin America, Russia and Canada. With only one third of achievable hydro potential developed to […]

Posted on 15 October 2013

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