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Energy future hinges upon financing choices today, warns World Energy Council

Annual ranking of 129 countries finds number of AAA countries drops from five to three while four countries put on negative watch

Posted on 24 November 2014

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WEC Iran event had significant support and participation

The WEC Iranian member committee’s 10th International Energy Conference took place in Tehran in August.

Posted on 13 November 2014

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More Europe needed in European energy markets

Leading figures of the European and German energy world were united in their calls for a renewed effort towards more integration in European energy markets at WEC Germany’s flagship event.

Posted on 13 November 2014

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WEC Lebanon holds Beirut Energy Forum

The 5th Beirut Energy Forum was held from 17 to 19 September in Beirut, Lebanon.

Posted on 13 November 2014

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2014 Executive Assembly put spotlight on regional integration

The World Energy Council’s Executive Assembly concluded last month (20–24 October) in Colombia with broad support from WEC members and the more than 700 attending representatives from governments and the private sector.

Posted on 11 November 2014

World Energy Leaders Summit Cartagena 2014 Colombia president address

Speech by President Juan Manuel Santos of Colombia at the World Energy Leaders’ Summit

President Juan Manuel Santos of Colombia said at the World Energy Leaders’ Summit says the energy trilemma offers a valuable roadmap to strengthening the energy sector, adding that guaranteeing energy sustainability is a “shared task” among nations

Posted on 11 November 2014

World Energy Leaders Summit Latin America ministerial Cartagena 2014

Finalizó con éxito en Cartagena la Cumbre Mundial de Líderes Energéticos

Presidente Santos definió en el cierre de la cumbre del Consejo Mundial de Energía los retos del sector para los próximos cuatro años. Más 700 líderes mundiales y delegados de 60 países, participaron en la Cumbre como muestra de la voluntad global para seguir afianzando los principios de la sostenibilidad energética. En el cierre de […]

Posted on 24 October 2014

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Abu Dhabi to host World Energy Council’s 2019 World Energy Congress

The UAE will host the 2019 World Energy Congress while dates for the 2016 Congress were also announced

Posted on 23 October 2014

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Colombia advances 8 places in global ranking on energy sustainability

World Energy Council’s Energy Trilemma Index to be revealed next month 22 October 2014, Cartagena, Colombia – Colombia will advance 8 places among 129 countries in an upcoming global ranking measuring the performance of countries in energy sustainability, according to the World Energy Council.  The World Energy Council’s Energy Trilemma Index measures the performance of […]

Posted on 22 October 2014

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73% of Latin America consumers are willing to pay more for alternative transport fuels

New report by World Energy Council’s Future Energy Leaders shed light on consumer perspectives on demand-side energy solutions

Posted on 21 October 2014

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Energy Summit gathers leaders from more than 100 countries to examine the energy future of Latin America

World Energy Council summit to gather 500 leaders and more than 20 ministers while Colombia’s global ranking in energy sustainability will be previewed at Cartagena event

Posted on 17 October 2014

Financing resiliency - Juerg Trueb, Swiss Re; Christoph Frei, WEC; Alex Wittenberg, Marsh

New initiative to put numbers to the latest risks impacting energy investment

World Energy Council joins forces with Swiss Re Corporate Solutions and Marsh & McLennan Companies 1 October 2014, London & Zurich – The World Energy Council (WEC) has launched a new initiative to help mobilise investments into the energy sector. The WEC project, Financing Resilient Energy Infrastructure, will seek to understand how the energy and […]

Posted on 1 October 2014

Cover Climate Change - Implications for the Energy Sector -Summary from IPCC AR5 2014

Energy sector faces increasing pressures from climate change – new report

The energy sector is facing increasing pressures from climate change. All segments of the industry will be affected by the changing global climate and the policy responses to it.

Posted on 13 June 2014

Flags of member nations flying at UN headquarters. The WEC will release its 2013 World Energy Trilemma report as the UN holds its General Assembly. Photo: UN Photo/Joao Araujo Pinto

UN Secretary-General to host first Sustainable Energy for All Forum (4-6 June)

Ministers, leaders from business and civil society to assess progress, chart way forward to reach targets on energy access, efficiency, renewables United Nations, New York, 27 May – Momentum is building for the first annual Sustainable Energy for All Forum, to be held at United Nations Headquarters in New York on 4-6 June.  Over one thousand […]

Posted on 27 May 2014

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World Energy Council welcomes National Grid as Global Partner

20 May 2014, London – The World Energy Council (WEC) has welcomed National Grid as the newest member of its Global Partner programme. National Grid owns and runs energy networks in the UK and north-eastern US, delivering power and gas safely to millions of customers. The company joins the WEC’s community of Global Partners with […]

Posted on 20 May 2014

WEC France 3rd European Energy Forum 2014

WEC Europe: Implementation of new EU energy policy needs careful consideration

The WEC’s European member countries discussed the EU’s new energy policy with the European Commission at the WEC’s 3rd European Energy Forum in Paris on 24–25 April.

Posted on 4 May 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 presented 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

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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

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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

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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

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

Ms Tatiana Mitrova, Russia, Session Regional Crossroads "New dynamics of Asian LNG Markets", 2013 World Energy Congress, Day 1

Shale gas could have major impact on Asian LNG market

Participants from the US, Australia, Indonesia and Japan discussed the Asian LNG market with moderator Tatiana Mitrova, Head of the Oil and Gas Department at the Energy Research Institute of the Russian Academy of Sciences. “In the last couple of years there were some shifts on the demand side,” she said in her opening statement. “First […]

Posted on 14 October 2013

2013 World Energy Congress, Day 1, Session Game Changer "CCUS: Making a difference in time?"

Policy needed to implement carbon capture technologies

Panelists at the World Energy Congress at the 14 October session said carbon capture, utilization, and storage technologies are a necessary factor in a world in which fossil fuels are expect to continue servicing a significant portion of global energy demand for decades to come. However, they said policy decisions are crucial for key market […]

Posted on 14 October 2013

2013 World Energy Congress, Day 1, bottom line session "Renewables: Is the honeymoon over?"

Future of renewables debated at the Daegu 2013 Congress

After almost a decade of growth, renewable energy is under immense pressure now – to the extent that UK policymakers are reportedly seek to put the lid on the renewables movement in order to shift resources to fracking. Subsidies have been the main drivers of both development of and investment in renewables, but economic instability […]

Posted on 14 October 2013

Mr Olivier Appert, France, Session What does it take?, "Future of transport: Decarbonizing growth", 2013 World Energy Congress, Day 1

Global decarbonization starts with innovations in transport technology

The number of cars worldwide is expected to double to 2.6 billion vehicles by 2050. With that will inevitably come a rise in CO2 emissions. To avert this increase in atmospheric pollution, governments and the automotive industry must find ways to decarbonize the transportation sector. New technologies can help cut transport emissions, which now account for […]

Posted on 14 October 2013

Neil Hirst, UK, 2013 World Energy Council, Day 1

WEC Chair says 2050 CO2 emission targets will not be met without international collaboration

Pierre Gadonneix, the World Energy Council Chair, issued an urgent appeal on 14 October for international cooperation in developing carbon capture, the technology needed to prevent CO2 escaping into the atmosphere to cause climate change. “This problem is too big for any single nation to solve by itself,” said Gadonneix. “There is no way we […]

Posted on 14 October 2013

Mr Ahn, Namsung, Day 1, 2013 World Energy Congress

Wrong to leave energy issues only to the market

“It would be wrong to leave energy issues only to the market,” said Robert Kleiburg, COO of the Energy Research Centre of the Netherlands (ECN). Speaking at the RD&D session of the World Energy Congress on 14 October, Kleiburg explained that the close relationship between energy and politics as well as the large social impact […]

Posted on 14 October 2013

Regional Crossroads "Latin America and the Caribbean: Blessed with resources, overwhelmed by choice?"

Latin America and the Caribbean: Blessed with resources, overwhelmed by choice?

Latin America is a fossil fuel-rich region with strong oil and gas reserves and a great potential for the exploitation of renewable energy sources, in particular large hydropower projects. But the region’s energy wealth is unevenly distributed and has enormous untapped potential, said panel moderator José Antonio Vargas Lleras, Vice Chair of Latin American and the […]

Posted on 14 October 2013

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