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Extreme storm city

Resilient energy needs smarter not just stronger solutions: Safe-Fail not Fail-Safe

New approaches are required for the management and financing of energy infrastructures as companies and governments seek to meet the challenges of increased extreme weather risks. New thinking is needed says the latest report from the World Energy Council, ‘The road to resilience – managing and financing extreme weather risks’.

Posted on 30 September 2015

UN SDG logos

World Energy Council welcomes energy inclusion in UN Sustainable Development Goals

As world leaders gather for the UN General Assembly to formally adopt new Sustainable Development Goals, the World Energy Council welcomes the inclusion of the energy goal: ‘Ensure access to affordable, reliable, sustainable and modern energy for all’.
Christoph Frei, Secretary General of the Council said: “The adoption of energy among sustainable development goals is timely, critical and historic. […]”

Posted on 25 September 2015


Future Energy Leaders active in Latin America

Francisco José Galtieri, a project leader and consultant in the oil and gas industry in Argentina, talks to Inside about what motivated him to take an active part in FEL-100 activities.  Why did you become a FEL? I joined the FEL community as it seemed an opportunity for a young professional to broaden his knowledge […]

Posted on 23 September 2015

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Time of greatest energy uncertainty

In a presentation to insurance company Swiss Re, Christoph Frei talked about his concerns for the future with a warning of dramatic consequences if no action was taken.  The following are extracts from his talk: “The World Energy Council is issuing a warning that we are living in times of great energy uncertainty.  More than […]

Posted on 23 September 2015

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How to secure reliable power supplies to mega cities

Tokyo Electric Power Company, TEPCO, has been invited by the Japanese Member Committee to lead a study entitled “How to Secure Reliable Power Supply to Mega Cities”. The latest insights on the work were presented at a workshop where around 30 experts from Asian countries gathered. This initiative, which is closely linked with the World […]

Posted on 23 September 2015

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Reform tops the agenda in Mexico

Against a background of energy change that is taking place in Mexico in terms of regulatory markets, low carbon economies and resilience strategies, Christoph Frei presented a speech at the VII joint annual congress of the energy sector associations in Acapulco, Mexico in September. In the speech he highlighted issues emerging from the World Energy […]

Posted on 23 September 2015


First South American Energy Forum promotes regional integration

The first South American Energy Forum to promote regional integration projects in Latin America organised by the World Energy Council and the Union of South American Nations with the support of the Ministry of Electricity and Renewable Energy took place in Quito in Ecuador in September. The Forum which was opened by the Vice-President of […]

Posted on 23 September 2015

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World Energy Academy Programme Update

Since the launch in Argentina in 2014 of the first World Energy Academy programme designed to provide national level training programmes, countries from every region have expressed their support of the initiative. Almost 20 countries, such as Estonia and Lebanon are planning to shortly set up Academies, with nine countries saying they will set up […]

Posted on 18 August 2015

What is the next game changer

What are the game changers?

Industry leaders say strategic innovation, high technology key to exploiting less conventional energy sources Strategic innovation and technological progress are key in changing the energy game Exploiting lesser-known conventional and unconventional energy deposits will involve risk Methane hydrate, deep water and arctic drilling, oil shale, and shale gas have potential Innovation, technology, and long-term commitment […]

Posted on 15 October 2013

2013 World Energy Congress, Day 2, Session Bottom Line "The untapped hydro potential: Opportunities and risks"

The untapped hydro potential: Opportunities and risks

While it remains easier to build a coal plant than a hydro one due to social and environmental concerns, hydropower is enjoying something of a renaissance as large hydro projects seek to exploit the huge unused potential in Central Africa, Latin America, Russia and Canada. With only one third of achievable hydro potential developed to […]

Posted on 15 October 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

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