News and media

3-4-touring a virtual nuclear reactor Idaho National Laboratory2

Focus: New paradigms for the nuclear energy sector

A wave of innovation is sweeping across the nuclear sector – so much so that it is difficult for financiers to pick winners at this stage. But the biggest innovation may come in the form of a new investment paradigm that involves private investors much more than in the past, writes specialised nuclear energy reporter Dan Yurman in the May issue of World Energy Focus, the World Energy Council’s magazine.

Posted on 3 May 2016

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Technology is the Future of Energy

The World Energy Council’s Co-chair Younghoon David Kim delivered a keynote speech at the 2016 DongA New Energy Innovation Conference in February in Seoul hosted by one of Korea’s most respected major dailies, The DongA Ilbo.  The speech, entitled “Technology is the Future of Energy,” covered recent discussions Co-chair Kim that had in Davos where […]

Posted on 18 April 2016

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New Zealand FEL-100s host workshop looking at resilience issues

New Zealand participants in the World Energy Council’s FEL-100 programme, Jenny Lackey, Andrew Millar and Tina Frew, hosted a workshop in association with the Asia-Pacific Energy Leaders’ Summit organised in March by the New Zealand Member Committe of the World Energy Council on the topic of energy resilience. The theme of the workshop was ‘Investing in […]

Posted on 18 April 2016

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COP21 goals are the challenge for Slovenian energy policy

At the fourth International Energy Policy Considerations conference, organised by the Slovenian member committee and the Slovenian Chamber for Energy Industry, over 150 international participants from the EU Commission, academia, government and industry met to discuss a new national energy policy for Slovenia. It was widely agreed that the new policy must include energy transformation […]

Posted on 7 April 2016

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Worldwide roll-out of new visual identity

Following extensive consultation with World Energy Council National Member Committees and with the approval of the Communications and Strategy Committee, the rollout of the new visual identity started this month. The new logo design clearly highlights the name and in doing so represents the essence of the Council’s mission – to provide the premier energy […]

Posted on 23 March 2016

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Council joins APEC Working Group

Following support from member committees, the World Energy Council has been formally invited to join the Asia-Pacific Economic Corporation (APEC) Energy Working Group (EWG). As a guest to this key regional economic forum comprised of 21 member economies, the Council looks forward to fully contributing to the work of the APEC EWG. Initially, the Council is providing […]

Posted on 22 March 2016

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Africa Energy Indaba examined solutions for unlocking investment in Africa and scaling up renewables

International and African experts gathered at the 2016 Africa Energy Indaba (AEI) during the week starting Monday, 16 February, to share their insights and solutions to Africa’s energy crisis, while exploring the vast energy development and investment opportunities in Africa. The annual Indaba is the foremost African energy event for energy professionals from across the globe. […]

Posted on 24 February 2016

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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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

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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

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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

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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

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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

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