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Date:2013
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The utilities industry needs to adapt to a “decentralized” system

The rise of new technologies in “smart energy” and customer behavioral changes is reshaping the utility industry, posing a possible threat to the centralized utility model, the World Energy Congress heard on 17 October. Instead, the utilities business may be moving towards a decentralized energy system, which can put power sources closer to the consumer, […]

Posted on 17 October 2013

2013 World Energy Congress, Day 4, Session Bottom Line, "Waste to energy: Valuing the dirty job"

Waste should be viewed as a resource

Waste is not only dirty, but waste management is affected by archaic regulations, corruption, a lack of transparency, and misperceptions. But the paradox is that waste may have the potential to be the most sustainable energy resource, according to experts who discussed the issue at the World Energy Congress on 17 October. The average individual […]

Posted on 17 October 2013

2013 World Energy Congress, Day 4, Session What does it take?, "Mega projects: Socio-environmental license to operate"

Doing well on megaprojects by doing good

Mega projects that ignore social and environmental impacts almost always end up costing more than those that pay attention to the needs of local communities, the World Energy Congress was told on 17 October. “70 to 75% of delays on major projects are caused by social and environmental issues, not because of technical failures,” said […]

Posted on 17 October 2013

Ms Leena Srivastava, India, Closing session, "Today's energy: Are we at a tipping point? - Redefining resilience", Day 4, 2013 World Energy Congress

Energy leaders: New thinking, more participation needed for tomorrow’s challenges

The world needs to revamp much of its thinking to meet the energy challenges of the 21st century, industry experts said on 17 October at the closing plenary session of the World Energy Congress. From fostering new energy sources to structuring the best mix of public and private incentives to curb carbon emissions, the discussion […]

Posted on 17 October 2013

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Energy Ministers: active government policy, investment key to solving “Energy Trilemma”

Energy ministers from China, Russia, and Canada said on Wednesday that proactive government policies and robust investment are key pillars in ensuring a steady supply of energy amid soaring global demand, while dealing with the “energy trilemma” of security, sustainability and access. Wang Yumin, Vice Administrator of China’s National Energy Administration, Russian Energy Minister Alexander […]

Posted on 16 October 2013

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Governments and industry should cooperate to solve energy trilemma, say experts

With growing energy demand in Asia and coming challenges in the global market, industry and governments need to work together to find solutions to tackle the “energy trilemma” of energy equity, energy security, and environmental sustainability, said panelists at the opening session of the World Energy Congress on Wednesday. “There is a lot of common ground between industry and […]

Posted on 16 October 2013

Mr Jason Drew, 2013 World Energy Congress, Day 3, Session Game Changer, "Energy-water-food nexus"

Energy-water-food nexus would benefit from education initiatives

“We are fiddling, whilst Rome is burning” said Jason Drew, CEO of AgriProtein, in discussing the sustainability of the energy-water-food nexus. Drew, whose company feeds biological waste to fly larvae to produce a sustainable source of protein for use in industrial agricultural processes, said “the industrial revolution is over and the sustainable revolution has begun,” […]

Posted on 16 October 2013

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Two years after Fukushima: Is the nuclear renaissance over?

“After Fukushima, nuclear reactors were closed down for political reasons but none were shut down because of regulatory reasons,” said Luis Echavarri, Director General OECD Nuclear Energy Agency referring to a regulatory review conducted by OECD in wake of Fukushima accident. “To have a nuclear program, a country needs social and political support.” He explained […]

Posted on 16 October 2013

Mr Jorge Montepeque, Session What does it take?, "Oil price discovery: The impact of emerging regional energy markets", Day 3, 2013 World Energy Congress

Transparency is becoming a major issue for the global oil market

Political and public interest in the oil markets remains high, with concerns that oil prices are subject to manipulation, even though recent academic studies suggest that oil prices are driven primarily by the fundamentals of supply and demand, delegates at the Daegu 2013 Congress were told on 16 October. Shifts in global and regional oil […]

Posted on 16 October 2013

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Is a common European energy market just a pipe dream?

Europe is at the forefront of moving from a nation-based energy system to a regional one. The integration of electric and gas networks is planned for 2014, but recent policy shifts by EU member states have cast doubt about the reality of achieving this goal. Many questions remain how these nations can overcome their different political and […]

Posted on 16 October 2013

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