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Chair calls for speed, focus and results to reduce the risks posed by climate change

Following on from the opening addresses given by the UN Secretary General Ban Ki-moon and French Foreign Minister Laurent Fabius, Ms Nadeau said:
The Paris Agreement is only a starting point for governments and the energy industry. It will not stabilise the climate, but the collective efforts of 195 countries who have published their Intended Nationally Determined Contributions, INDCs, will go a long way.

Posted on 28 January 2016

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Over 600 energy leaders gathering at 2016 Africa Energy Indaba

he 2015 World Energy Council Year for Africa culminated at the World Energy Council Executive Assembly and the World Energy Leaders’ Summit in Addis Ababa. Now, the discussion moves to the 2016 Africa Energy Indaba, the World Energy Council’s annual regional event to be held on 16 -17 February.

Posted on 28 January 2016

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Arup latest World Energy Council partner for Scenarios study

The World Energy Council and Arup have recently signed an agreement on the global engineering firm becoming a Project Supporter for the World Energy Scenarios flagship study with a special focus on urban innovation. Christoph Frei, Secretary General of the World Energy Council, said: “Arup will be providing associated perspectives and analysis on a selection of resources areas […]

Posted on 28 January 2016

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Future Energy Leaders community growing in 2015

Five new nationally based Future Energy Leaders groups were formed in 2015 in Austria, Egypt, New Zealand, Nigeria and Zimbabwe, with one in development in South Africa. Pirjo Jantunen, FEL Chair, said: “I welcome all the new national FEL groups to our community which will complement our global FEL-100s and look forward to meeting everyone at the […]

Posted on 28 January 2016

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Gas supply security : a challenge for Europe?

Addressing the French member committee in Paris, Jean-Marie Dauger, Chair Strategy and Communications Committee, talked about the future of gas supplies in Europe saying: “Natural gas will remain a key component of the energy balance for many decades because of the abundance of reserves and the role it plays in replacing coal. “Whilst Europe shows […]

Posted on 16 December 2015

MJN Masdar partnership celebration -  Paris December 2015

Welcome to our newest patron

The World Energy Council has welcomed its latest Patron, the United Arab Emirates (UAE) Masdar Initiative. The Masdar Initiative is the UAE’s flagship entity whose aim is to advance the clean energy industry in Abu Dhabi and around the world, and be a catalyst for the economic diversification of the Emirates. The Patron agreement was celebrated […]

Posted on 16 December 2015

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World Energy Council Welcomes Paris Agreement

Christoph Frei, Secretary General of the World Energy Council, said: “We welcome the agreement in Paris and that we have a vision for the future. Now, the challenge is to turn words into measurable actions at both national and regional levels and to close the remaining ambition gap. “For the energy sector, this will require […]

Posted on 15 December 2015

USEA 8th Annual Energy Supply Forum & WEC North America Regional Energy Forum.

North American region and the global stage

Marie José Nadeau opened the 2015 North America Regional Energy Forum in October in Washington, DC. where she and the Regional Vice Chair for North America, Dean Oskvig, President and CEO of Black & Veatch Energy, both spoke to the theme “World Energy Council on the Global Stage:  How Does North America Fit In?”. Additional themes […]

Posted on 26 November 2015

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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