News and media

Canada 2014 Regional Forum minister Diana McQueen

WEC Canada convenes two major forums

“Transformations Across the Energy Sector: Past, Present and Future” was the theme for the combined 2014 Canadian Energy Summit and the WEC’s North America Region Energy Forum, organised by the Energy Council of Canada

Posted on 14 August 2014

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Bolivia puts on major energy congress

The annual congress of WEC Bolivia next month will look at national and regional energy prospects in the backdrop of global oil and gas dynamics.

Posted on 17 July 2014

India energy portal

India energy at your fingertips

WEC India has launched its India Energy Portal, a one-stop online resource housed within the WEC India website.

Posted on 17 July 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

NEWS_WECLogo

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

Graphic_English_Scenarios_small LatAm

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

The Hydroelectric Power Dam of Itaipu_iStock_000019711538Large

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

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

Session What does it take?, "Financing energy: Managing risks and complexity", Day 2, 2013 World Energy Congress

Government guarantees needed to support energy investments

A total of $37 trillion is needed for energy investments by 2025, or roughly $1.5 of the $12 trillion in new capital that is raised every year, the World Energy Congress was told on 15 October. The solution to liberating the “ocean of capital” to finance energy projects is close collaboration among the science sector, […]

Posted on 15 October 2013

2013 World Energy Congress, Session What does it take?, "Innovative market designs", Day 2

Renewables to impact market pricing

Advances in renewable resource technology pose a threat to the energy sector. In some European countries that have heavily invested in wind or solar plants, energy prices have been “driven through the floor”, said Philipp Gerbert, Senior Partner & Managing Director at the Boston Consulting Group. In response, he said, the low costs mean energy providers […]

Posted on 15 October 2013

2013 World Energy Congress, Day 2, Session Regional Crossroads, "North America: Energy self-sufficiency by 2015?"

US energy self-sufficiency poses challenges for Canadian exporters, overseas markets

US energy self-sufficiency, resulting from the shale gas and oil boom, could cause a potential rift in US-Canada relations, the World Energy Congress was told on 15 October. There were also indications of rising concern that an environmentally conscious and energy-rich United States may no longer be keen to commit to major infrastructure projects needed […]

Posted on 15 October 2013

Session Game Changer, "Natural gas markets and geopolitics: A map in transition", Day 2, 2013 World Energy Congress

Shale gas revolution impact may be limited in Asia

Panel participants said on 15 October that shale gas is a significant game changer, particularly in North America, but those in Asia who hope it will transform energy pricing are unlikely to be satisfied because the pace and scale of the shale gas revolution in North America will be difficult to replicate. China has vast […]

Posted on 15 October 2013

2013 World Energy Congress, Session Bottom Line, "The rise of NOCs and Independents: More of the same or changing the game?", Day 2

The other players: Independents and National Oil Companies

The resource ownership map has changed dramatically to the benefit of National Oil Companies (NOCs) and International Oil Companies (IOCs), speakers at the Daegu 2013 Congress said on 15 October. NOCs now control approximately 90% of the world’s oil reserves and 75% of production as well as many of the major infrastructure systems. In addition, an […]

Posted on 15 October 2013

Mr Farrukh Mian, Saudi Arabia, 2013 World Energy Congress, Day 2, Session What does it take?, "Is development finance delivering inclusive green growth?"

Development banks need to focus on energy projects

The World Bank is too small for the scale of problems it needs to address, said Michael Eckhart, Managing Director & Global Head of Environmental Finance and Sustainability at Citigroup. “Why do we allow the World Bank to be so small? A friend at the World Bank said they are doing up to $30 billion […]

Posted on 15 October 2013

Ms Agneta Rising, 2013 World Energy Congress, Day 2, Session What does it take?, "Effective international governance on nuclear"

Prospects low for international nuclear safety standards

More than two years after the Fukushima reactor accidents, the World Energy Congress on 15 October was told that the establishment of legally binding international regulations on nuclear safety remains an elusive goal. Most experts pinned their hopes on enforcement of regulations by individual governments and greater international collaboration within the nuclear industry. “More needs […]

Posted on 15 October 2013

2013 World Energy Congress, Day 2, Session Regional Crossroads, "Eurasia: Partnerships to unlock its full potential"

Untapped resources in Central Asia promise great rewards and challenges

Central Asia offers vast potential for energy procurement, but challenges lie ahead for the region’s nations as well as the foreign players that are needed to develop energy resources, which could produce around 3% of global energy needs, the World Energy Congress was told on 15 October. The area offers resources that include coal, natural […]

Posted on 15 October 2013

2013 World Energy Congress, Day 2, Session Regional Crossroads, "Far Eastern super-grid"

North Korea holds key to East Asian “super-grid”

North Korea remains the biggest issue of uncertainty in shaping a vision for a “super-grid” to integrate power generation and distribution in Northeast Asia, industry leaders said on 15 October. The innovative proposal, still very much in the drawing board stages, would connect the electricity grids of China, Mongolia, Japan, South Korea, Russia, and potentially […]

Posted on 15 October 2013

Ms Christiana Figueres, Germany, 2013 World Energy Congress, Closing session, "Clean energy without borders"

Global energy access begins with reducing borders

In order to achieve the UN goal of universal access to electricity by 2030, there must be movement toward eliminating border restrictions that prevent clean energy technologies from reaching those who need them most. International and national efforts are “absolutely critical,” said Christiana Figueres, the Executive Secretary of the UNFCCC. “The quality of energy determines quality […]

Posted on 15 October 2013

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