CCUS ‘crucial to driving global decarbonisation agenda’

The head of the Organising Committee of the World Energy Congress believes the utilisation of carbon is an area that needs development

New global platform to promote energy innovators

A new global platform aimed at connecting innovators with opportunities for development, investment and research has been announced. The World Energy Council and the German Energy Agency (dena) are joining forces for the ‘Start Up Energy Transition’ (SET) initiative, which will promote innovation in the sector. SET will identify the top 100 innovators in five […]

Talking Energy with Christoph Frei from World Energy Council

  ELN Editor Sumit Bose speaks to Christoph Frei, Secretary General of the World Energy Council (WEC) about everything from Brexit, Donald Trump, digitisation of energy to cyber security and climate change.

‘Keeping Europe’s energy systems connected is fundamental’

Keeping Europe’s energy systems well connected following Brexit is too fundamental and important to not happen. That’s according to Secretary General of the World Energy Council (WEC), Christoph Frei, who spoke to ELN about what Brexit could mean for the energy sector and whether cyber security risks are something people should be more concerned about. He said: “In a time of rapid […]

The world is worried about commodity prices

The world is worried about commodity prices. That’s according to a new report from the World Energy Council (WEC), which surveyed 1,200 energy leaders from more than 90 countries about the potential impact and future uncertainty of various issues in the sector. The majority of ministers and businessmen questioned said they expect prices to become even more volatile as energy demand […]

Energy systems ‘must be smarter, not just stronger’

The energy industry needs to manage the growing threats of extreme weather, cyber attacks and the energy-water-food nexus. The World Energy Council (WEC) states emerging physical, financial and virtual risks pose an even greater threat to the security and supply of energy. It believes the transformation of markets and business models, driven by climate change […]

EV sales boost ‘vital to closing emissions gap’

The market share of electric vehicles (EVs) must be increased to achieve the fuel economy standards set by regulators. According to the World Energy Council (WEC), EVs currently represent less than 1% of the combined market share across the world’s largest markets – EU, US and China – for new passenger cars. Its report states […]

World Energy Council: Five focus areas for low carbon transition

Policymakers across the globe must develop innovative investment policies and technologies to accelerate the low carbon energy transition. That’s the recommendation of the World Energy Council (WEC) in its new report which will be presented to ministers at the seventh Clean Energy Ministerial (CEM7) in San Francisco today. It identifies five focus areas to drive […]

Global water shortfall ‘to severely affect power generation’

A 40% shortfall of water across the globe by 2030 could severely affect power generation. That’s the prediction of the World Energy Council (WEC), which is calling for immediate action in order to secure resilient energy infrastructure. The energy industry is the second largest user of freshwater after agriculture, it states, with water used all […]

Majority of energy firms affected by extreme weather

Around 94% of energy companies are already affected by extreme weather events. That’s according to a survey by the Global Electricity Initiative (GEI) led by the World Energy Council. It surveyed CEOs of businesses that account for 80% of worldwide installed generation capacity. Energy access and security of supply rank among the highest priorities for their businesses, […]