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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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Energy industry has as many opportunities as challenges

Thanks in part to the emergence of new business models and services, the energy industry as many opportunities as challenges, Fulvio Conti, CEO & General Manager of Italy’s Enel, told the World Energy Congress on 15 October. “The world doesn’t look round anymore. It doesn’t look flat, either,” he said. Rather, it’s a triangle or […]

Posted on 15 October 2013

Q2 2013 global Levelised cost of electricity  - Graphic - WEC

World Energy Council and Bloomberg New Energy Finance launch global energy costs analysis

Unique perspective on relative costs of developing and delivering electricity from energy sources around the world World Energy Congress, Daegu, Korea, 15 October 2013: The World Energy Council (WEC) and Bloomberg New Energy Finance (BNEF) today launched a new landmark report into the worldwide cost of developing and delivering electricity. The study, “World Energy Perspective: […]

Posted on 15 October 2013

wec daegu 2013 logo

World Energy Council report confirms global abundance of energy resources and exposes myth of peak oil

World Energy Congress, Daegu, Korea, 15 October 2013: There is a greater abundance of energy resources in the world today than at any other time, and, if properly managed, the reserves are sufficient to meet even a significant upturn in demand for decades to come, according to “World Energy Resources 2013”, a report released today […]

Posted on 15 October 2013

wec daegu 2013 logo

World Energy Council issues 10-point action plan for sustainable future

Report lays out collective path for governments, industry, and finance World Energy Congress, Daegu, Korea, 15 October 2013: The World Energy Council (WEC) today issued a 10-point action plan for how governments, industry, and key decision-makers should refocus their efforts and resources to achieve real progress in resolving the energy trilemma. The report, “World Energy […]

Posted on 15 October 2013

Khalid Al-Falih

Saudi Aramco, GE Power speak at World Energy Congress

DAEGU, South Korea, October 14, 2013 In the first keynote speech of the World Energy Congress, president and CEO of Saudi Aramco, Khalid A. Al-Falih, and President and CEO of GE Power & Water, Steve Bolze, summed up the energy challenges of the coming decades. The duo put forward a line-up of solutions — from […]

Posted on 14 October 2013

2013 World Energy Congress, Day 1, Opening session "Tomorrow's energy: Connecting the dots"

Decisive leadership needed in an uncertain energy era

Industry leaders gathered at the World Energy Congress agreed on 14 October that the energy environment is getting more and more complex and uncertain, and policy makers need to chart a course that ensures both affordability and sustainability. Christoph Frei, Secretary General of the World Energy Council, pointed to post-Fukushima safety concerns and the collapsing […]

Posted on 14 October 2013

Zengo Aizawa

Japan remains committed to nuclear even after Fukushima

Nuclear energy remains very much a part of Japan’s energy mix even after the Fukushima accident, said executive vice president and chief nuclear officer of Tokyo Electric (TEPCO) at a session on Monday of the World Energy Congress in Daegu, South Korea. “Japan has limited sources of renewable energy such as wind, solar or hydro,” […]

Posted on 14 October 2013

2013 World Energy Congress, Day 1, Session Game Changer, "Energy Storage: Defining the future for e-Mobility and renewables"

E-Mobility still a long way from powering the smart grid

Aside from E-mobility, multiple energy storage technologies are available now, but need further development New government policies must match innovations in energy storage Businesses must pay for the R&D of new energy storage technologies   Daegu, South Korea, 14 October 2013 – Technological advances in energy storage could reshape the way we procure and consume […]

Posted on 14 October 2013

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