Meeting clean energy goals - balancing the energy trilemma

Size: px
Start display at page:

Download "Meeting clean energy goals - balancing the energy trilemma"

Transcription

1 Meeting clean energy goals - balancing the energy trilemma Dr. Christoph Frei Secretary General World. Energy Council Mexico, 27 May th Clean Energy Ministerial

2

3 WHAT KEEPS ENERGY LEADERS AWAKE AT NIGHT WHAT KEEPS ENERGY LEADERS BUSY AT WORK

4 Climate Framework Energy Prices Electric Storage Commodity Prices High Energy Price Volatility is the new normal The Lack of a Global Climate Framework is one of the greatest uncertainties

5 Carbon Capture and Storage CCS is flying off the map energy leaders do not trust for this technology to deliver in time

6 Energy Subsidies Renewable Energies Energy Efficiency China India energy efficiency and renewables remain priority action items China / India effects remain critical action items

7 Myth 1: Demand growth will be fully met by clean energy sources Total primary energy supply to 2050 JAZZ SYMPHONY EJ/y Renewables Hydro Biomass Nuclear Gas Oil Coal EJ/y Renewables Hydro Biomass Nuclear Gas Oil Coal Hydro and wind electricity are competitive. Renewables account for roughly 30% of total electricity generation by Renewables undergo rapid development, accounting for almost 50% of total electricity generation in 2050 (cf. 20% in 2010) 7

8 Myth 2: We can reduce global GHG emissions by 50% by 2050 Emissions trajectories for atmospheric GHG concentration CO 2 emissions (Gt/y) IPCC Categories (CO 2 eq) ppm ppm ppm ppm ppm ppm JAZZ SYMPHONY 8

9 Myth 3: Universal access will be achieved over the next years Population without access to electricity (in millions) 1, JAZZ 2050 SYMPHONY Latin America & The Caribbean 0 Sub-Saharan Africa Middle East & North Africa 135 Southeast Asia & Pacific South & Central Asia 9 22 East Asia 0 0 World

10 Balancing Myth 3: We thecan reduce global GHG Energy emissions Trilemma by 50% by 2050 Emissions trajectories for atmospheric GHG concentration Energy Security The effective management of primary energy supply from domestic and external sources, the reliability of energy 80infrastructure, and the ability of energy providers to meet current and future demand. CO 2 emissions (Gt/y) 70 Energy Equity Accessibility and affordability of energy supply 60 across the population. 50 Environmental Sustainability Encompasses the achievement of supply and demand 40 side energy efficiencies and the development of energy supply from renewable and other low-carbon sources ENERGY EQUITY IPCC Categories (CO 2 eq) ppm ppm ppm ppm ppm ppm JAZZ SYMPHONY ENVIRONMENTAL SUSTAINABILITY 10

11 Indonesia Norway South Africa Sweden South Korea Brazil India Germany BBC Mexico AAC United States

12 2015: Tackling policy uncertainty The energy sector is ready for an ambitious climate agreement and calls for an international framework with a single measurable target for greenhouse gas (GHG) emissions that enable fair competition and sets a clear pathway towards low-carbon energy systems.

13 Priority actions from the energy sector To meet climate targets, development goals and balance the trilemma a focus on a few key mechanisms is needed. At the international level: Trade and transfer Carbon pricing Financing Regional of technology and subsidies mechanisms integration At the national level: D d t P i iti i ti Demand management Prioritisation of Market design and energy efficiency innovation and RD&D

14 Regional differences and priorities North America Research, development and demonstration Lower carbon fossil fuel use through gas and technology deployment Europe More efficient energy use Greater share of low-carbon energy sources in energy supply Middle East & North Africa Transparent energy pricing to incentivise efficient energy use Increase share of solar and wind energy in energy supply Latin America & Caribbean Regional integration and interconnection Education and information to drive behavioural changes in consumers and increase energy efficiency Sub-Saharan Africa Tap potential for renewables and gas for energy supply Access to energy and clean cooking fuels Asia Technology transfers to manage demand growth Greater social acceptance of changing energy supply 14

15 Thank you Christoph Frei Secretary General

16 Map and network

17 What is the Energy Trilemma? Meeting energy demands Secure energy is critical to maintaining and driving economic growth. Delivering social benefits Energy must be accessible and affordable at all levels of society. fasdf Minimising environmental impacts The impact of energy production and energy use on the environment must be reduced. 17

18 World Energy Trilemma Balancing the three core dimensions of the energy trilemma is the basis for prosperity and competitiveness of individual countries. If the energy sector is to deliver on climate goals and support the achievement of development goals, it needs to do so in balance with the other two dimensions, to ensure sustainability of energy systems. ENVIRONMENTAL SUSTAINABILITY ENERGY SECURITY ENERGY EQUITY 18

Keisuke Sadamori Director, Energy Markets and Security International Energy Agency Kuala Lumpur, 8 October

Keisuke Sadamori Director, Energy Markets and Security International Energy Agency Kuala Lumpur, 8 October Keisuke Sadamori Director, Energy Markets and Security International Energy Agency Kuala Lumpur, 8 October The context Southeast Asia is a key pillar of Asia s growth A mix of countries with disparate

More information

We endorse a comprehensive approach to address all greenhouse gas emissions. We recognise the importance of increasing energy efficiency

We endorse a comprehensive approach to address all greenhouse gas emissions. We recognise the importance of increasing energy efficiency JOINT STATEMENT BY THE G8 ENERGY MINISTERS, THE EUROPEAN ENERGY COMMISSIONER, THE ENERGY MINISTERS OF BRAZIL, CHINA, EGYPT, IN- DIA, KOREA, MEXICO, SAUDI ARABIA, AND SOUTH AFRICA The Energy Ministers of

More information

Energy Prices, Climate Change Policy and U.S. Economic Growth

Energy Prices, Climate Change Policy and U.S. Economic Growth Energy Prices, Climate Change Policy and U.S. Economic Growth Prepared for: Southern Growth Policies Board Annual Conference Biloxi, Mississippi June 8, 2009 By: Dr. Margo Thorning, Ph.D. Senior Vice President

More information

London, 10 November 2015

London, 10 November 2015 London, 10 November 2015 The start of a new energy era? 2015 has seen lower prices for all fossil fuels Oil & gas could face second year of falling upstream investment in 2016 Coal prices remain at rock-bottom

More information

Critical Policy Options to Protect Industry Competitiveness

Critical Policy Options to Protect Industry Competitiveness Critical Policy Options to Protect Industry Competitiveness Graham Weale Chief Economist, RWE AG IEA Energy Business Council Meeting, Paris 4 th June 2013 RWE Group a leading European energy utility >

More information

WORLD ENERGY OUTLOOK 2012 FACTSHEET How will global energy markets evolve to 2035?

WORLD ENERGY OUTLOOK 2012 FACTSHEET How will global energy markets evolve to 2035? How will global energy markets evolve to 2035? Taking all new developments and policies into account, the world is still failing to put the global energy system onto a more sustainable path. The New Policies

More information

Annex 5A Trends in international carbon dioxide emissions

Annex 5A Trends in international carbon dioxide emissions Annex 5A Trends in international carbon dioxide emissions 5A.1 A global effort will be needed to reduce greenhouse gas emissions and to arrest climate change. The Intergovernmental Panel on Climate Change

More information

Issue. September 2012

Issue. September 2012 September 2012 Issue In a future world of 8.5 billion people in 2035, the Energy Information Administration s (EIA) projected 50% increase in energy consumption will require true all of the above energy

More information

Energy Projections 2006 2030 Price and Policy Considerations. Dr. Randy Hudson Oak Ridge National Laboratory

Energy Projections 2006 2030 Price and Policy Considerations. Dr. Randy Hudson Oak Ridge National Laboratory Energy Projections 2006 2030 Price and Policy Considerations Dr. Randy Hudson Oak Ridge National Laboratory There is perhaps no single current topic so potentially impacting to all life on this planet

More information

Energy Megatrends 2020

Energy Megatrends 2020 Energy Megatrends 2020 Esa Vakkilainen 1 NOTE The data included in the following is mainly based on International Energy Agency's (IEA) World Energy Outlook 2007 IEA is considered the most reliable source

More information

Interview: Aurélie Faure, Financial Analyst at Dexia Asset Management

Interview: Aurélie Faure, Financial Analyst at Dexia Asset Management Research letter n 09/03 October 2009 http://www.carbonium.fr/pdf/research0903.pdf CONTENTS Interview: Aurélie Faure, Financial Analyst at Dexia Asset Management... p. 1 Hot topics in Copenhagen... p. 3

More information

Democratic and Republican Positions on Environmental Issues. Edward H. Klevans, Professor and Department Head Emeritus of Nuclear Engineering

Democratic and Republican Positions on Environmental Issues. Edward H. Klevans, Professor and Department Head Emeritus of Nuclear Engineering Democratic and Republican Positions on Environmental Issues Edward H. Klevans, Professor and Department Head Emeritus of Nuclear Engineering Issue: Climate Change Democratic Position The Democratic Platform

More information

Updated development of global greenhouse gas emissions 2013

Updated development of global greenhouse gas emissions 2013 Updated development of global greenhouse gas emissions 2013 Hans-Joachim Ziesing Low Carbon Markets and the Legacy of Nuclear Power 19 th REFORM Group Meeting, Schloss Leopoldskron, Salzburg September

More information

World Energy Outlook 2012. Presentation to the press London, 12 November 2012

World Energy Outlook 2012. Presentation to the press London, 12 November 2012 World Energy Outlook 2012 Presentation to the press London, 12 November 2012 The context Foundations of global energy system shifting Resurgence in oil & gas production in some countries Retreat from nuclear

More information

Norwegian position on the proposed EU framework for climate and energy policies towards 2030

Norwegian position on the proposed EU framework for climate and energy policies towards 2030 Norwegian position on the proposed EU framework for climate and energy policies towards 2030 The EU plays an important role as a global leader in climate policy and has a fundamental interest in strengthening

More information

energy [r]evolution A Sustainable World Energy Outlook

energy [r]evolution A Sustainable World Energy Outlook energy [r]evolution A Sustainable World Energy Outlook Wolfram Krewitt 1th Annual Renewable Energy and Energy Efficiency Expo June 14, 27 Washington Folie 1 > Vortrag > Autor It is not important to predict

More information

World Energy Outlook. Dr. Fatih Birol IEA Chief Economist Paris, 27 February 2014

World Energy Outlook. Dr. Fatih Birol IEA Chief Economist Paris, 27 February 2014 World Energy Outlook Dr. Fatih Birol IEA Chief Economist Paris, 27 February 2014 The world energy scene today Some long-held tenets of the energy sector are being rewritten Countries are switching roles:

More information

climate change is happening. This April produced the record for the first month in human history

climate change is happening. This April produced the record for the first month in human history Tsering Lama Occidental College 15 Climate Change, Renewable Energy, and the Hong Kong Connection In a literature review, 97% of climate scientists have concluded that anthropogenic climate change is happening.

More information

OUTLOOK FOR NATURAL GAS IN EUROPE

OUTLOOK FOR NATURAL GAS IN EUROPE 6th German-Norwegian Energy Conference OUTLOOK FOR NATURAL GAS IN EUROPE Dr. Berit Tennbakk, Partner, RETROSPECT FALLING AND CONVERGING GAS PRICES HISTORICAL DEVELOPMENT MAIN DRIVERS Financial crisis Fukushima

More information

LET S RENEW WWF dismantles the myths of renewable energies in Spain

LET S RENEW WWF dismantles the myths of renewable energies in Spain LET S RENEW WWF dismantles the myths of renewable energies in Spain Subvencionado por: INTRODUCTION Climate change threatens ecosystems and human lives. Energy production and use from fossil fuels are

More information

Resolution: Energy and climate. Year and Congress: November 2009, Barcelona. Category: Environment and Energy. Page: 1. Energy and climate change

Resolution: Energy and climate. Year and Congress: November 2009, Barcelona. Category: Environment and Energy. Page: 1. Energy and climate change The European Liberal Democrat and Reform Party, convening in, Catalonia on 19th and 20th November 2009: Notes that: The EU is responsible for approximately 10 per cent of global greenhouse gas emissions

More information

Nuclear power is part of the solution for fighting climate change

Nuclear power is part of the solution for fighting climate change Nuclear power is part of the solution for fighting climate change "Nuclear for Climate" is an initiative undertaken by the members of the French Nuclear Energy Society (SFEN), the American Nuclear Society

More information

Energy Climate and Change

Energy Climate and Change Secure Sustainable Together Climate and Change World Outlook Special Briefing for COP21 INTERNATIONAL ENERGY AGENCY The International Agency (IEA), an autonomous agency, was established in November 1974.

More information

Energy Efficiency Indicators for Public Electricity Production from Fossil Fuels

Energy Efficiency Indicators for Public Electricity Production from Fossil Fuels international energy agency agence internationale de l energie Energy Efficiency Indicators for Public Electricity Production from Fossil Fuels IEA Information paper In Support of the G8 Plan of Action

More information

Gasification as a Strategic Energy and Environmental Option

Gasification as a Strategic Energy and Environmental Option Gasification as a Strategic Energy and Environmental Option William G. Rosenberg 79 John F. Kennedy Street Center for Business & Government Belfer Center for Science & International Affairs Kennedy School

More information

The Global Commission on the Economy and Climate. Major Economies Forum, Paris

The Global Commission on the Economy and Climate. Major Economies Forum, Paris The Global Commission on the Economy and Climate Major Economies Forum, Paris Jeremy Oppenheim, Programme Director 11 th July 2014 Purpose of the Global Commission Reframe the debate about economic growth

More information

RENEWABLE ENERGY SOCIAL MEDIA TOOLKIT #CLIMATEHOPE. The solutions to climate change are right here, right now. Help spread the word and share the

RENEWABLE ENERGY SOCIAL MEDIA TOOLKIT #CLIMATEHOPE. The solutions to climate change are right here, right now. Help spread the word and share the RENEWABLE ENERGY SOCIAL MEDIA TOOLKIT The solutions to climate change are right here, right now. Help spread the word and share the #CLIMATEHOPE INTRODUCTION The use of clean, renewable energy sources

More information

2014 BP Madrid forum on energy & sustainability BP 2014

2014 BP Madrid forum on energy & sustainability BP 2014 14 BP Madrid forum on energy & sustainability BP 14 Contents Global energy trends Liquid fuels Refining implications European focus Energy Outlook 35 BP 14 Primary energy consumption growth slows and the

More information

What is Climatescope?

What is Climatescope? CLIMATESCOPE 2 3 4 What is Climatescope? An initiative to provide timely, accurate, and actionable data that informs smart investment, corporate, and policy decision making. Ultimate goal: mobilize capital

More information

Contents. Wind power sector facts. Growth drivers. Immediate challenges. Innovative and global response

Contents. Wind power sector facts. Growth drivers. Immediate challenges. Innovative and global response Wind power sector 'Keys to competitiveness on the international stage ESADE-Deloitte Jorge Calvet, Chairman of Gamesa Madrid, 1 July 2010 Contents 5 5 5 1 Wind power sector facts Growth drivers Immediate

More information

Prepared by the Commission on Environment & Energy

Prepared by the Commission on Environment & Energy Policy statement Energy efficiency: a world business perspective Prepared by the Commission on Environment & Energy Key messages Energy efficiency is a fundamental element in progress towards a sustainable

More information

How To Understand The Global Energy Picture

How To Understand The Global Energy Picture Energy Perspectives 215 Long-term macro and market outlook Press seminar, Oslo, June 215 Eirik Wærness, Chief economist 2 Energy Perspectives 215 Macro and market outlook to 2 www.statoil.com/energyperspectives

More information

INVESTING IN A TRANSITIONING SECTOR

INVESTING IN A TRANSITIONING SECTOR INVESTING IN A TRANSITIONING SECTOR Eurelectric conference Jon Moore, CEO NEW INVESTMENT IN CLEAN ENERGY 24-14 ($BN) 32% 17% $318bn -7% $294bn 16% -9% $31bn.5% $272bn $268bn 17% 46% 36% $175bn $25bn $26bn

More information

Implications of Abundant Natural Gas

Implications of Abundant Natural Gas Implications of Abundant Natural Gas JAE EDMONDS AND HAEWON MCJEON APRIL 2013 May 29, 2013 1 Background May 29, 2013 2 The natural gas revolution The application of technologies for accessing unconventional

More information

Global Vision for Gas The Pathway towards a Sustainable Energy Future

Global Vision for Gas The Pathway towards a Sustainable Energy Future Global Vision for Gas The Pathway towards a Sustainable Energy Future Roberto D. Brandt International Gas Union (IGU) Lima July 3, 2012 Table of Contents 1. What is IGU? 2. IGU s Global Vision for Gas

More information

Electricity & Gas Energy & Energy Services

Electricity & Gas Energy & Energy Services Electricity & Gas Energy & Energy Services International Development Executive Training Programme for Young Energy Leaders Energy Charter Secretariat Brussels 29 October 2013 César Ortiz Sotelo Deputy

More information

WORLD ENERGY OUTLOOK 2014 FACTSHEET How will global energy markets evolve to 2040?

WORLD ENERGY OUTLOOK 2014 FACTSHEET How will global energy markets evolve to 2040? How will global energy markets evolve to 2040? In the New Policies Scenario, energy demand grows by 37% to 2040 on planned policies, an average rate of growth of 1.1%. Demand grew faster over the previous

More information

Results scenario comparison WP 5.2

Results scenario comparison WP 5.2 Results scenario comparison WP 5.2 European sustainable electricity; comprehensive analysis of future European demand and generation of European electricity and its security of supply (EU-SUSTEL) Half

More information

INDONESIA S COUNTRY REPORT ENCOURAGING CLEAN ENERGY INITIATIVE

INDONESIA S COUNTRY REPORT ENCOURAGING CLEAN ENERGY INITIATIVE DEWAN PERWAKILAN RAKYAT REPUBLIK INDONESIA INDONESIA S COUNTRY REPORT ENCOURAGING CLEAN ENERGY INITIATIVE As part of the international community, Indonesia shares its concern on the environment and development

More information

World Energy Outlook 2009. Presentation to the Press London, 10 November 2009

World Energy Outlook 2009. Presentation to the Press London, 10 November 2009 World Energy Outlook 29 Presentation to the Press London, 1 November 29 The context The worst economic slump since the 2 nd World War & signs of recovery but how fast? An oil price collapse & then a rebound

More information

Where to start: Understanding building energy use

Where to start: Understanding building energy use Buildings energy efficiency sessions done in partnership with: Energy Efficiency Training Week Where to start: Understanding building energy use Buildings Session 1 Energy Efficiency Training Week Buildings:

More information

NAMA: Sustainable development and transformational change to low carbon development

NAMA: Sustainable development and transformational change to low carbon development NAMA: Sustainable development and transformational change to low carbon development SUDHIR SHARMA UNEP RISOE CENTRE REGIONAL TRAINING WORKSHOP Development of Nationally Appropriate Mitigation Actions (NAMAs)

More information

Smart Cities and Sustainable Technology

Smart Cities and Sustainable Technology Smart Cities and Sustainable Technology Liam Mulligan Head of Mobility and Sustainability Siemens Ltd. Cities are the growth engines for their national economies Megatrends imply significant challenges

More information

Six greenhouse gases covered by the United Nations Framework Convention on Climate Change (UNFCCC) and its Kyoto Protocol are:

Six greenhouse gases covered by the United Nations Framework Convention on Climate Change (UNFCCC) and its Kyoto Protocol are: Fact sheet: The need for mitigation United Nations Framework Convention on Climate Change Along with adaptation, mitigation is one of the two central approaches in the international climate change process.

More information

World Energy Outlook 2007: China and India Insights. www.worldenergyoutlook.org International Energy Agency

World Energy Outlook 2007: China and India Insights. www.worldenergyoutlook.org International Energy Agency World Energy Outlook 27: China and India Insights www.worldenergyoutlook.org International Energy Agency Why Focus on China & India? Increase in World Primary Energy Demand, Imports & Energy-Related CO

More information

St. Petersburg Declaration - Energy Security: Challenges and Strategic Choices

St. Petersburg Declaration - Energy Security: Challenges and Strategic Choices APEC Saint Petersburg, Russia, 24-25 Jun 2012 2012 APEC Energy Ministerial Meeting St. Petersburg Declaration - Energy Security: Challenges and Strategic Choices 1. We, the Energy Ministers of member economies

More information

Energy [R]evolution vs. IEA World Energy Outlook scenario

Energy [R]evolution vs. IEA World Energy Outlook scenario Energy [R]evolution vs. IEA World Energy Outlook scenario New set of scenarios takes climate crisis into account World Energy Outlook (WEO) 2008 for the first time takes the climate crisis really into

More information

Greenhouse gas abatement potential in Israel

Greenhouse gas abatement potential in Israel Greenhouse gas abatement potential in Israel Israel s GHG abatement cost curve Translated executive summary, November 2009 1 Executive Summary Background At the December 2009 UNFCCC Conference in Copenhagen,

More information

Belgium Smart Grid Day. 18 th October 2012, Brussels Alex Murley, IEA

Belgium Smart Grid Day. 18 th October 2012, Brussels Alex Murley, IEA Belgium Smart Grid Day 18 th October 2012, Brussels Alex Murley, IEA OECD/IEA 2012 Agenda IEA Smart Grid Analysis IEA TechPlatform How2Guide initiative OECD/IEA 2011 CO 2 emissions (gigatonnes) WEO2011:

More information

UK Television Exports FY 2014/2015

UK Television Exports FY 2014/2015 UK Television Exports FY 2014/2015 Page 1 of 5 The annual UK Television Exports Survey highlights the popularity of UK programming abroad by collecting revenue figures relating to the international activity

More information

The External and Social Costs of Energy Technologies

The External and Social Costs of Energy Technologies SIXTH FRAMEWORK PROGRAMME [6.1] [ Sustainable Energy Systems] The External and Social Costs of Energy Technologies Rainer Friedrich Universitaet Stuttgart Brussels, February 16, 2009 Social Costs = total

More information

ESBI Company Profile. ESB International. Bringing Energy Innovation to the World...

ESBI Company Profile. ESB International. Bringing Energy Innovation to the World... ESBI Company Profile ESB International Bringing Energy Innovation to the World... ESB International ESBI is one of Europe s most progressive and commercially focused electricity consultancy firms with

More information

World Energy Issues Monitor 2016

World Energy Issues Monitor 2016 World Issues Monitor 2016 A CLIMATE OF INNOVATION RESPONDING TO THE COMMODITY PRICE STORM ABOUT THE WORLD ENERGY COUNCIL The World Council is the principal impartial network of leaders and practitioners

More information

Introduction to the Project and Today s Meeting

Introduction to the Project and Today s Meeting EGM on Low Carbon Development Pathways, New York, 19-20 May 2011 Introduction to the Project and Today s Meeting David O Connor, UN DESA 1. The Project: Supporting National Governments in the Transition

More information

EURELECTRIC responses to the invitation in Draft decision -/CMP.5 to make submissions to the UNFCCC secretariat on:

EURELECTRIC responses to the invitation in Draft decision -/CMP.5 to make submissions to the UNFCCC secretariat on: EURELECTRIC responses to the invitation in Draft decision -/CMP.5 to make submissions to the UNFCCC secretariat on: 1. Inclusion of CCS in Clean Development project activities 2. Standardized baselines

More information

Foratom event 29 April 2015

Foratom event 29 April 2015 Foratom event 29 April 2015 New nuclear in the UK and Electricity Market Reform Colin Parker Head of European Liaison - EDF Energy 1 April 2015 EDF Energy plc. All rights reserved. EDF Energy A UK energy

More information

The Economics of Climate Change C 175. To Kyoto and Beyond. Spring 09 UC Berkeley Traeger 7 International Cooperation 22

The Economics of Climate Change C 175. To Kyoto and Beyond. Spring 09 UC Berkeley Traeger 7 International Cooperation 22 To Kyoto and Beyond 7 International Cooperation 22 International Cooperation on Climate Change 1988 United Nations General Assembly adopted resolution urging the protection of global climate for present

More information

Fossil fuels subsidies in the agenda of the G20

Fossil fuels subsidies in the agenda of the G20 Fossil fuels subsidies in the agenda of the G20 María Victoria Lottici Researcher Centre for International Economy Argentine Ministry of Foreign Affairs and International Trade GSI-UNEP Conference - Increasing

More information

WORLD ENERGY INVESTMENT OUTLOOK 2014 FACTSHEET OVERVIEW

WORLD ENERGY INVESTMENT OUTLOOK 2014 FACTSHEET OVERVIEW OVERVIEW More than $1.6 trillion was invested in 2013 in energy supply, a figure that has more than doubled in real terms since 2000, and a further $130 billion to improve energy efficiency. Renewables

More information

Global Energy Assessment

Global Energy Assessment European Sustainable Energy Seminar 2010 Organized by INFORSE-Europe and EREF Brussels, 27 April, 2010 Proceedings: http://www.inforse.org/europe/seminar_2010_bxl.htm Global Energy Assessment http://www.inforse.org/europe/seminar_2010_bxl.htm

More information

Levelized Cost of New Electricity Generating Technologies

Levelized Cost of New Electricity Generating Technologies Levelized Cost of New Electricity Generating Technologies The Energy Information Administration (EIA) produces forecasts of energy supply and demand for the next 20 years using the National Energy Modeling

More information

Business proposals in view of a 2015 international climate change agreement at COP 21 in Paris

Business proposals in view of a 2015 international climate change agreement at COP 21 in Paris Business proposals in view of a 2015 international climate change agreement at COP 21 in Paris * 4th June 2015 By May 20 th 2015, Chairmen / Chief Executive Officers (CEOs) of 73 international companies

More information

Energy Situation in Egypt

Energy Situation in Egypt Energy Situation in Egypt Egypt has traditionally been a net exporter of energy. Until the late 1990s, it exported oil, but oil production has declined from its peak in the early 1990s, and now roughly

More information

Global Investing 2013 Morningstar. All Rights Reserved. 3/1/2013

Global Investing 2013 Morningstar. All Rights Reserved. 3/1/2013 Global Investing 2013 Morningstar. All Rights Reserved. 3/1/2013 World Stock Market Capitalization Year-end 2012 18.5% 9.6% United States International: Other Europe United Kingdom Japan Other Pacific

More information

The Burning Question. What would it take to. leave fuel worth trillions in the ground and is 12,000 10,000 8,000. 6,000 humanity up to it?

The Burning Question. What would it take to. leave fuel worth trillions in the ground and is 12,000 10,000 8,000. 6,000 humanity up to it? The Burning Question 12,000 10,000 Global CO2 emissions (million tonnes carbon) What would it take to 8,000 leave fuel worth trillions in the ground and is 6,000 humanity up to it? 4,000 2,000 0 1850 1900

More information

Why are developing countries exempt from the emissions targets?

Why are developing countries exempt from the emissions targets? Kyoto Protocol Overview The Kyoto Protocol is a legally binding, international agreement that sets targets for industrialized countries to limit or reduce their emissions of greenhouse gases (GHG) by the

More information

NEW ZEALAND. Submission to the ADP. New Zealand s Intended Nationally Determined Contribution. 7 July 2015

NEW ZEALAND. Submission to the ADP. New Zealand s Intended Nationally Determined Contribution. 7 July 2015 NEW ZEALAND Submission to the ADP New Zealand s Intended Nationally Determined Contribution 7 July 2015 New Zealand hereby communicates its intended nationally determined contribution and the accompanying

More information

The importance of energy balances to estimate greenhouse gas emissions

The importance of energy balances to estimate greenhouse gas emissions The importance of energy balances to estimate greenhouse gas emissions Roberta Quadrelli Head - Energy Balances, Prices, Emissions, Efficiency IEA Energy Data Centre Capacity Development for Mainstreaming

More information

Renewable Choice Energy

Renewable Choice Energy Catawba College Table of Contents About Renewable Choice The Problem: Electricity Production Today The Solutions: Renewable Energy Sources Renewable Energy Credits (RECs) Who can participate in Renewable

More information

SUSTAINABLE ENERGY BLUEPRINT

SUSTAINABLE ENERGY BLUEPRINT SUSTAINABLE ENERGY BLUEPRINT A PLAUSIBLE STRATEGY FOR ACHIEVING A NO-NUCLEAR, LOW- CARBON, HIGHLY-EFFICIENT AND SUSTAINABLE ENERGY FUTURE The following statement outlines an ambitious but doable strategy

More information

Building a Low-Carbon Economy The UK's Contribution to Tackling Climate Change. www.theccc.org.uk

Building a Low-Carbon Economy The UK's Contribution to Tackling Climate Change. www.theccc.org.uk Building a Low-Carbon Economy The UK's Contribution to Tackling Climate Change www.theccc.org.uk Structure of the presentation 1. The 2050 target 2. The first three budgets 3. Wider social and economic

More information

Climate Investment Funds. December 1, 2008 1

Climate Investment Funds. December 1, 2008 1 December 1, 2008 1 Approved on July 1, 2008 September 26 pledging meeting 10 donor countries took part Currently 12 donors Approximately US$6.2 billion 2 Design Principles Partnership amongst the MDBs

More information

Tackling Climate Change in the U.S.

Tackling Climate Change in the U.S. Tackling Climate Change in the U.S. Potential Carbon Emissions Reductions from Energy Efficiency and Renewable Energy by 2030 Executive Summary Charles F. Kutscher, Ph.D., P.E. American Solar Energy Society

More information

Summary of the Impact assessment for a 2030 climate and energy policy framework

Summary of the Impact assessment for a 2030 climate and energy policy framework Summary of the Impact assessment for a 2030 climate and energy policy framework Contents Overview a. Drivers of electricity prices b. Jobs and growth c. Trade d. Energy dependence A. Impact assessment

More information

A REScoop manifesto. REScoop policy priorities for the European Parliament elections 2014

A REScoop manifesto. REScoop policy priorities for the European Parliament elections 2014 A REScoop manifesto REScoop policy priorities for the European Parliament elections 2014 Renewable Energy: citizens take the initiative at grassroots level REScoop.eu is the federation of groups and cooperatives

More information

KAYA IDENTITY ANALYSIS OF DECARBONIZATION OF THE NY ECONOMY REQUIRED FOR CLIMATE ACTION PLAN GOAL OF 40% REDUCTION BY 2030

KAYA IDENTITY ANALYSIS OF DECARBONIZATION OF THE NY ECONOMY REQUIRED FOR CLIMATE ACTION PLAN GOAL OF 40% REDUCTION BY 2030 KAYA IDENTITY ANALYSIS OF DECARBONIZATION OF THE NY ECONOMY REQUIRED FOR CLIMATE ACTION PLAN GOAL OF 40% REDUCTION BY 2030 Roger Caiazza Not representing EEANY DISCLAIMERS The following analysis does not

More information

UNECE Energy Week Geneva. in Energy Security

UNECE Energy Week Geneva. in Energy Security UNECE Energy Week Geneva Investing in Energy Security Committee on Sustainable Energy and related Meetings Wednesday 28 November 2007 Special Session: Investing in and Financing the Hydrocarbon Sector

More information

SECTION 1. PREAMBLE 3 SECTION 2. EXECUTIVE SUMMARY 4 ABOUT US 6

SECTION 1. PREAMBLE 3 SECTION 2. EXECUTIVE SUMMARY 4 ABOUT US 6 CONTENTS SECTION 1. PREAMBLE 3 SECTION 2. EXECUTIVE SUMMARY 4 ABOUT US 6 Disclaimer notice on page 8 applies throughout. Page 2 SECTION 1. PREAMBLE The New Energy Outlook (NEO) is Bloomberg New Energy

More information

Climate Resilient Low Emission Development Strategies: A Regional Overview of Africa

Climate Resilient Low Emission Development Strategies: A Regional Overview of Africa Climate Resilient Low Emission Development Strategies: A Regional Overview of Africa John Yeboah Project Officer, ECREEE April 17, 2015 Marrakech, Morocco Developmental challenges in Africa African Countries:

More information

The European Renewable Energy Directive and international Trade. Laurent Javaudin Delegation of the European Commission to the U.S.

The European Renewable Energy Directive and international Trade. Laurent Javaudin Delegation of the European Commission to the U.S. The European Renewable Energy Directive and international Trade Laurent Javaudin Delegation of the European Commission to the U.S. The European Union 27 Member States 490 million people 2 Outline The Present:

More information

Tax Credit Extension: Impact on Renewables Investment and Emissions Outcomes

Tax Credit Extension: Impact on Renewables Investment and Emissions Outcomes CONCORD, MA - WASHINGTON, DC 47 Junction Square Drive Concord, MA 01742 978-369-5533 www.mjbradley.com MJB&A Issue Brief March 7, 2016 Tax Credit Extension: Impact on Renewables Investment and Emissions

More information

Energy Offices Meeting

Energy Offices Meeting NASEO 2014 Mid Atlantic Regional State 25x 25: Progressing Towards the Goal Ernie Shea Project Coordinator May 1, 2014 Valley Forge, PA Energy Offices Meeting 25x 25: A National Alliance Formed through

More information

Adapting to a changing climate and energy future

Adapting to a changing climate and energy future Adapting to a changing climate and energy future Our policy position: Yarra Ranges Council acknowledges scientific advice concerning climate change and the need to mitigate and adapt to its impacts. Council

More information

Shaping Our Energy Future: The Cost of Energy

Shaping Our Energy Future: The Cost of Energy 1. Introduction The total average UK household energy bill in 2011 has been assessed as between 1,249 and 1,300 [1] [2] [3]. The wholesale cost of gas and electricity is estimated to account for around

More information

GLOBAL CLEAN POWER: A $2.3 Trillion Opportunity

GLOBAL CLEAN POWER: A $2.3 Trillion Opportunity GLOBAL CLEAN POWER: A $2.3 Trillion Opportunity GLOBAL CLEAN POWER: A $2.3 Trillion Opportunity THE PEW CHARITABLE TRUSTS The Pew Charitable Trusts applies the power of knowledge to solve today s most

More information

Netherlands National Energy Outlook 2014

Netherlands National Energy Outlook 2014 Netherlands National Energy Outlook 2014 Summary Michiel Hekkenberg (ECN) Martijn Verdonk (PBL) (project coordinators) February 2015 ECN-E --15-005 Netherlands National Energy Outlook 2014 Summary 2 The

More information

International Solar Energy Arena January 23rd, 2009, Istanbul STEAM (Strategic Technical Economic Research Center)

International Solar Energy Arena January 23rd, 2009, Istanbul STEAM (Strategic Technical Economic Research Center) International Solar Energy Arena January 23rd, 2009, Istanbul STEAM (Strategic Technical Economic Research Center) Good morning. Sayin Bakanım. Members of Parliament. Ladies and Gentlemen. Slide 1: Opening

More information

Business Opportunities in the Mexican PV market. September 2013 Nikolai Dobrott, Managing Partner

Business Opportunities in the Mexican PV market. September 2013 Nikolai Dobrott, Managing Partner Business Opportunities in the Mexican PV market September 2013 Nikolai Dobrott, Managing Partner Agenda. Apricum The Cleantech Advisory The global solar market Solar market and opportunities in Mexico

More information

Renewable Energy. 2015 LORD Green Real Estate Strategies, Inc.

Renewable Energy. 2015 LORD Green Real Estate Strategies, Inc. Renewable Energy Benefits of Renewable Energy Meet real estate portfolio GHG emission reduction/reporting goals Use energy that produces no GHG emissions from fossil fuels and reduces air pollution Mitigate

More information

THE FUTURE OF NUCLEAR POWER IN THE UNITED STAES. Richard A. Meserve Carnegie Institution 1530 P St., NW Washington, DC 20004 202-387-6404

THE FUTURE OF NUCLEAR POWER IN THE UNITED STAES. Richard A. Meserve Carnegie Institution 1530 P St., NW Washington, DC 20004 202-387-6404 THE FUTURE OF NUCLEAR POWER IN THE UNITED STAES Richard A. Meserve Carnegie Institution 1530 P St., NW Washington, DC 20004 202-387-6404 Outline Factors affecting domestic interest in nuclear power Challenges

More information

Generating Heat. Part 1: Breathing Earth. Part 2: The Growth of Carbon Emitters. Introduction: Materials:

Generating Heat. Part 1: Breathing Earth. Part 2: The Growth of Carbon Emitters. Introduction: Materials: Generating Heat Introduction: Carbon dioxide (CO 2 ) is the primary greenhouse gas contributing to global climate change. A greenhouse gas is a gas that absorbs the sunlight being reflected back towards

More information

Role of Natural Gas in a Sustainable Energy Future

Role of Natural Gas in a Sustainable Energy Future Role of Natural Gas in a Sustainable Energy Future Alexander Medvedev, Deputy Chairman of Gazprom Management Committee, Director General of Gazprom Export 2 nd Ministerial Gas Forum Doha, 30 November 2010

More information

Mega Cities. Introduction. Definition of Mega cities

Mega Cities. Introduction. Definition of Mega cities Mega Cities Introduction The purpose of this document is to propose an overview on what it is called mega-cities, and to try to give a comprehensive picture of what can be and will be the needs of these

More information

OIL AND US FOREIGN POLICY. David S. Painter Department of History Edmund A. Walsh School of Foreign Service Georgetown University

OIL AND US FOREIGN POLICY. David S. Painter Department of History Edmund A. Walsh School of Foreign Service Georgetown University OIL AND US FOREIGN POLICY David S. Painter Department of History Edmund A. Walsh School of Foreign Service Georgetown University HISTORY AS A WAY OF LEARNING Importance of Studying the Past: Context for

More information

The Social Costs of Energy Consumption

The Social Costs of Energy Consumption The Social Costs of Energy Consumption Literaturliste Prof. Dr. Olav Hohmeyer Universität Flensburg Rio 02 World Climate & Energy Event Copacabana Palace, Rio de Janeiro 6.-11. January 2002 Prof. Dr. Olav

More information

Business Policy of CEZ Group and ČEZ, a. s.

Business Policy of CEZ Group and ČEZ, a. s. Business Policy of CEZ Group and ČEZ, a. s. Contents: Introduction 1. CEZ Group mission and vision 2. Scope of business of CEZ Group 3. Business concept Guiding principles Trade Generation Electricity

More information

Nuclear Knowledge Management in Thailand

Nuclear Knowledge Management in Thailand Nuclear Knowledge Management in Thailand By Kanokrat Tiyapun Office of Atoms for Peace, Thailand Presented in the workshop on managing nuclear knowledge, 22-26 August 2005, Trieste, Italy Alternative Energy

More information

Projected Costs of Generating Electricity

Projected Costs of Generating Electricity Executive Summary Projected Costs of Generating Electricity 2015 Edition Projected Costs of Generating Electricity 2015 Edition INTERNATIONAL ENERGY AGENCY NUCLEAR ENERGY AGENCY ORGANISATION FOR ECONOMIC

More information

Intended Nationally Determined Contribution (INDC) Under the United Nations Framework Convention on Climate Change

Intended Nationally Determined Contribution (INDC) Under the United Nations Framework Convention on Climate Change PAPUA NEW GUINEA Intended Nationally Determined Contribution (INDC) Under the United Nations Framework Convention on Climate Change Summary Papua New Guinea (PNG) has both very low absolute emissions and

More information

Latin America and COP20

Latin America and COP20 ESSAY cities, Latin America and the Caribbean (LAC) increasingly try to engage in global environmental issues, particularly with regards to the challenge of climate change. Latin America and the Caribbean

More information