World Energy Council to launch 2017 Issues Monitor

Posted on 23 March 2017

The World Energy Council will be officially launching the 2017 World Energy Issues Monitor in Washington on 6 April, followed by  further presentations at regional events being held.

The 2017 Issues Monitor finds that industry leaders remain most concerned by commodity prices and associated volatility. The ‘new normal’ for economic growth is perceived with greater certainty as the sector prepares to operate within this prolonged macroeconomic environment.

This report provides a snapshot of the current priorities, set in the broader context of the Grand Transition as identified by the latest World Energy
Scenarios, in which disruptive trends emerging will create a fundamentally new world for the energy sector. 

This will be characterised by lower population growth, radical new technologies, greater environmental challenges and a shift in economic and geopolitical power:

Key findings within the report highlights:

  • The reality behind commodity price uncertainty 
  • New physical and virtual risks posing ever greater threats to the energy sector
  • Innovation issues such as digitalisation, decentralisation, innovative market design or electric storage as the most rapidly upward moving issues

Digitisation is another issue keeping many energy leaders awake at night in many industrialised countries around the world. The need to understand the new business models that are driven by big data intelligence, prosumer solutions, energy block-chains is probably the most exciting issue with as many visionary implications as practical unknowns on the desks of energy leaders.

 

The 2017 World Energy Issues Monitor

The World Energy Issues Monitor provides a snapshot of what keeps CEO, Ministers and experts awake at night in nearly 90 countries. The monitor helps to define the world energy agenda and its evolution over time. It provides a high-level perception of what constitute issues of critical uncertainty, in contrast to those that require immediate action or act as developing signals for the future.

It has developed into an essential tool in understanding the complex and uncertain environment within which energy leaders must operate, and a tool through which one can challenge own assumptions on the key drivers within the energy landscape.

This eighth edition of the monitor provides over 30 national monitors across six regions to highlight differing regional and national priorities.

For 2017, insights were provided by over 1,300 energy leaders across the Council’s national member committee network. These insights and the findings from the World Energy Issues Monitor enable the World Energy Council to facilitate the dialogue among energy leaders on the critical issues affecting the global energy agenda.

 

####