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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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Natural Gas will be key to the energy mix

Natural gas will be the most likely substitute for coal as a future power generation feedstock according to BP’s CEO Bob Dudley

During his keynote address at the World Energy Congress in Istanbul, Turkey, Dudley said that current major projects in BP’s portfolio are natural gas including the Khazzan project in Oman, Tangguh in Indonesia, Shah Deniz in Azerbaijan as well as projects in Trinidad and Egypt.

Posted on 11 October 2016

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Challenges and opportunities as electricity actors enter new frontiers

Addressing market specifics and customer needs is a priority, and new technologies, particularly big data and smart solutions, have a prime role to play, representatives from global utilities companies agreed during a panel discussion at the 23rd World Energy Congress.

Posted on 11 October 2016

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A time of convergence and collaboration

A time of challenging oil prices has coincided with unprecedented cooperation among actors in the global energy industry, the secretary-general of OPEC said in Monday’s closing session of the World Energy Congress in Istanbul.

Posted on 11 October 2016

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Putin and Erdogan: peace and prosperity through energy cooperation

World Energy Congress, Istanbul, Turkey, 10 October 2016: Heads of state and ministers emphasised the role of energy in promoting peace and providing everyone with access to energy durıng the 23rd World Energy Congress in Istanbul. The Middle East region, home to 65% of global oil proven reserves and 45% of natural gas, is mired […]

Posted on 10 October 2016

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World Energy Co-Chair welcomes Heads of State and distinguished guests to the 23rd World Energy Congress

Core extract of speech given by Younghoon David Kim, Co-Chair, World Energy Council: “On behalf of the World Energy Council I wholeheartedly welcome you  to what is a very special moment in our 93-year history. You are joining us at the 23rd World Energy Congress to embrace the new frontiers of energy. “The World Energy […]

Posted on 10 October 2016

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World Energy Scenarios 2016 report: Global energy demand growth set to fall

Per capita energy demand will peak before 2030, finds a new World Energy Council report, launched at the 23rd World Energy Congress in Istanbul. The three scenarios entitled “Unfinished Symphony”, “Modern Jazz” and “Hard Rock” present three distinct trajectories for the energy sector to 2060, with very different realities across regions.

Posted on 10 October 2016

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World Energy Council issues Call to Action ahead of 23rd World Energy Congress

The World Energy Council has issued a statement calling on the energy sector to embrace a historic opportunity to redefine the energy contract. The 7 new realities for energy highlighted in the statement conclude in the call for action: Leaders and society need to embrace these new realities and strive for continued innovation while maintaining stable investment frameworks.

Posted on 9 October 2016

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Embracing the New Frontiers for Energy

The World Energy Council has issued a statement calling on the energy sector to embrace a historic opportunity to redefine the energy contract. The 7 new realities for energy highlighted in the statement conclude in the call for action: Leaders and society need to embrace these new realities and strive for continued innovation while maintaining stable investment frameworks.

Posted on 8 October 2016

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President Putin to attend 23rd World Energy Congress

President of the Russian Federation, Vladimir Putin, will visit Turkey to attend the 23rd World Energy Congress which will be held in Istanbul between 9 and 13 October.  This congress is very important as Turkey and Russia look at how best to progress the Turkish Stream project. Mr Berat Albayrak, Turkish Minister for Energy and […]

Posted on 30 September 2016

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New cyber resilience report : energy sector prime target for cyber-attacks

Addressing cyber risks in the energy sector is critical not only to energy security, but is also vital for a resilient state and economy; finds a new World Energy Council report. The report highlights that energy companies have seen a massive increase in the number of successful cyber-attacks over the past year.

Posted on 28 September 2016

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