Council Chair addresses APEC Business Advisory Board
World Energy Council Chairman, David Kim, recently attended the second APEC Business Advisory Board Council (ABAC) meeting in Seoul on 28 April. Mr Kim addressed the members and highlighted how the Council could participate in ABAC initiatives to foster increased regional and international cooperation. For 2017, ABAC has adopted the theme “Creating New Dynamism, Fostering a Shared Future.” The work program focuses on the following priorities: Deepening regional economic integration; Achieving sustainable, innovative and inclusive growth; Enhancing MSMEs’ competitiveness and encouraging innovation in the digital era, Ensuring food security and promoting sustainable and climate smart agriculture.
World Energy Council CEO presents to Vienna Energy Forum 2017
The Vienna Energy Forum (VEF) 2017 themed ‘Sustainable energy for the implementation of the United Nations SDGs and the Paris Agreement’ convened from 9-12 May 2017 in Vienna, Austria. VEF 2017 focused on the importance of the linkages between climate and development, and examined the role of innovation in achieving SDG 7 (ensure access to affordable, reliable, sustainable and modern energy for all) and related SDGs. World Energy Council Secretary General, Dr Christoph Frei, was one of a few special guest speakers at a high-level executive dinner discussion, during the forum, organised in association with the United Nations Industrial Development Organisation (UNIDO) and the International Institute for applied system analysis (IIASA).
The Council talks to its new Chair for Communications & Strategy
As the Council prepares to launch its first Latin and Caribbean energy scenarios, we talk to Dr Jose Antonio Vargas Lleras, new Chair for the Communications and Strategy Committee, about regional integration in Latin America, enhancing the Council’s communications strategy and tools for member committees at a regional level, and shaping the Council’s new strategy over the next three years. Dr Vargas has been Chairman of the Energy Commission for Regional Integration (CIER) and has held several managerial positions in many companies in the electric sector. Before joining CODENSA in 2006 he held the post of CEO of the Bogota Power Company. Professionally trained as a lawyer, and also a university professor. He has served as an Ambassador to the European Union and as the Permanent Representative of Colombia to the World Customs Organisation.
The Council welcomes its new Future Energy Leaders for 2017
Every year, more than 30 new Future Energy Leaders are selected in a competitive process to join the World Energy Council’s FEL-100 programme and become a member of this exclusive global network. This year the Council received 165 nominations from its member committees and global Patrons, of which only 37 new places were available. Of the new intake, 24 were male and 13 were females. The candidates came from a diverse background with 10 from Africa, 6 from Asia, 13 from Europe, 4 from the Latin America and the Caribbean region and 3 from the Middle East. Diversity in sectorial background was also high in 2017.
The Council holds standing committee meetings ahead of Lisbon EA
The World Energy Council held its standing committee meetings in London between 15 and 16 June and welcomed representatives of the Council’s member committees from across the globe to discuss key topics. The two days of meetings also included an Insights workshop featuring discussions on blockchain technology and energy trilemma implications of distributed generation. The Programme committee met on 15 May. There was active participation from standing committee members and observers from a number of member committees who helped to ensure that the meetings proved successful.
Energy Trilemma implications of distributed generation
The World Energy Council held an informative Insights workshop to coincide with committee meetings held in London 15 May. Delegates were invited to participate in an interactive panel to discuss energy trilemma implications of distributed generation. One of the key takeaways of the discussions that the whole panel agreed on, was the need for a transition from a supply to demand way of thinking. It was agreed that distributed generation (DG) should be thought of now as increasingly more of demand based issue rather than supply based, as more and more players are entering the space from this side. Sir Philip Lowe, Executive Chair, World Energy Trilemma, who moderated the session, said: “Perhaps the energy sector has been too simplistic in the past, compared to other sectors……”
Digitisation: top issue keeping European energy leaders awake at night
Current policy and political uncertainty over EU cohesion connected to issues such as Brexit in the UK, upcoming elections in many European countries, and a new president in the US is adding complexity to an already difficult investment context in the energy sector. Their impact on issues such as climate negotiations, environmental policy and trade rules, which will have significant consequences for the energy transition, are being hotly debated in ministries and boardrooms globally. In Europe, climate action is higher on the agenda compared to the rest of the world. Ambitious 2020 and 2030 targets have set the framework; however, energy leaders have expressed a malaise associated with regulatory uncertainty on emissions trading that so far has not delivered, writes World Energy Council Secretary General, Christoph Frei.
Towards a cleaner society – a boilerpoint for transition?
According to the European Commission, the transport sector represents almost 25% of Europe’s Greenhouse Gas (GHG) emissions and is the main cause of air pollution in cities. GHG emissions from the transport sector have more than doubled since 1970. The European Union has set the target to reduce CO2 emissions from transport by 60% by 2050. The European Commission expects that oil products will still represent about 90% of the EU transport sector needs in 2030 and 86% in 2050. The World Energy Council Estonia and the voice of Europe’s Independent Fuel Suppliers, UPEI, held an International Fuel conference ‘Towards a Cleaner – A Boiler plate for the Transition?’ In Tallanin, Estonia on 23 March.
Energy Efficiency: A Straight Path Towards Sustainability in México
Energy efficiency continues to improve all over the world but despite the significant advances, much more can and should be done to improve the efficiency of energy production and use. Last month, Francois Moisan, leader of the World Energy Council’s Knowledge Network on Energy Efficiency, along with Didier Bosseboeuf of the French Environment and Energy Management Agency, ADEME, presented the Council’s report “Energy Efficiency: A Straight Path Towards Sustainability” at an event in Mexico. The event was organised by the Comisión Nacional para el Uso Eficiente de la Energía (CONUEE), a member of the Mexican member committee of the Council.
Latin America to launch Scenarios deep dive
Following a successful launch of the 2016 World Energy Scenarios at the 23rd Congress, the World Energy Council will be launching its first Latin American deep dive in Peru on 31 May. At the event, Ged Davis, Chair of the World Energy Scenarios will provide the key findings of the Latin American and Caribbean Energy Scenarios to 2060 in front of a selected audience of Latin American energy leaders as well as through a webinar platform to a more global audience. The report shows that after a period of prosperity due to a commodity price boom, the Latin America and Caribbean (LAC) region is facing critical uncertainties in the context of the Grand Transition: productivity and structural reform, climate challenge and resilience, regional energy integration and dominant tools for action. The LAC deep dive proposes three potential energy futures: Samba, a world in which high economic growth is based on successful structural reform to diversify, invest and innovate; Tango, where a forward looking and sustainable economic growth model emerges; and Rock, which represents low economic growth and fractured, weak regional integration.