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© World Energy Council 2013 World Energy Trilemma Time to get real – the agenda for change INSERT YOUR COMMITTEE LOGO HERE.

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Presentation on theme: "© World Energy Council 2013 World Energy Trilemma Time to get real – the agenda for change INSERT YOUR COMMITTEE LOGO HERE."— Presentation transcript:

1 © World Energy Council 2013 World Energy Trilemma Time to get real – the agenda for change INSERT YOUR COMMITTEE LOGO HERE

2 © World Energy Council 2013 Table of contents ► The World Energy Trilemma ► The Energy Sustainability Index ► Public and private stakeholder dialogue ► Agenda for Change

3 © World Energy Council 2013 The World Energy Trilemma

4 © World Energy Council 2013 The world is far away from achieving sustainable energy systems 1.2 billion people live without access to electricity 2.8 billion people lack access to clean cooking facilities Population growth from 7 to 9.3 billion people by 2050 Energy demand is expected to increase between 27% and 61% by 2050 CO 2 emissions continue to grow Cumulative investment needed: US$ 19.3 to US$ 26.7 trillion by 2050 in electricity infrastructure alone

5 © World Energy Council 2013 5

6 6 Policy review and analysis (deep dives) Energy Sustainability Index Call for increased dialogue  2012 report captured the views of more than 40 senior energy executives on what they need from policy  2013 report captured the response of more than 50 governments, multilateral organisations and development banks  Work culminated at World Energy Congress in Daegu in October 2013 and in the Agenda for Change World Energy Trilemma Report

7 © World Energy Council 2013 Energy Sustainability Index

8 © World Energy Council 2013 8 The diversity of energy profiles among the top performers illustrates the importance of policy

9 © World Energy Council 2013 9 Five profiles of the energy trilemma highlight common challenges Illustrative membersKey strengthsCore Challenges Pack Leaders Switzerland, Denmark Overall performance and balance Ensuring achievement of 2020 climate targets Fossil-fuelled United Arab Emirates, Malaysia, Saudi Arabia Affordability and security of energy Energy and emission intensity challenges Highly-industrialisedIndia, Mexico Energy security and strong GDP growth Rapid industrial growth and impacts Hydro-poweredBrazil, Colombia Use of renewables leads to low emissions and higher electrification rates Improve energy access and affordability Back of the Pack Zimbabwe, Nicaragua Not yet locked in to fossil fuel heavy development path Investment challenges

10 © World Energy Council 2013 10 The 2013 Index highlights an opportunity for developing countries

11 © World Energy Council 2013 Public and private stakeholder dialogue

12 © World Energy Council 2013 12 Develop a clear vision that encompasses a mix of energy sources and technologies

13 © World Energy Council 2013 13 In 2013 public decision makers agree with energy industry`s recommendations but point to an increasing policy complexity 1.Lack of global consensus on target profile of future energy system 2.Dynamics of changing energy supply and demand 3.Inherent difficulties in translating policy into effective regulations

14 © World Energy Council 2013 14 To meet the complexity, public stakeholders ask energy industry to help 1.Improve energy policy and regulation through greater dialogue, sharing knowledge and experiences 2.Increase energy investments and R&D through better risk alignment 3.Support least-developed and developing economies on a new path to energy sustainability

15 © World Energy Council 2013 Agenda for Change

16 © World Energy Council 2013

17 17 “We must accept that we have to make hard choices in this generation to bring about real changes for future generations and the planet. Politicians and the industry must get real.”

18 © World Energy Council 2013 www.worldenergy.org @WECouncil

19 © World Energy Council 2013 Back up

20 © World Energy Council 2013 20 Recommendation 1: Define a coherent and predictable energy policy

21 © World Energy Council 2013 21 Recommendation 2: Enable market conditions that attract long-term investments

22 © World Energy Council 2013 22 Recommendation 3: Encourage public and private initiatives that foster R&D

23 © World Energy Council 2013 Recommendation 1 Industry should proactively help improve energy policies and regulation Industry General Public Government Inform and engage public Politically achievability? Help policymakers through energy / technology expertise

24 © World Energy Council 2013 Recommendation 2: Increasing energy investment through better risk alignment Policymakers agree it is their role to reduce political and regulatory risk… …but call on industry to be less risk averse Energy and infrastructure investments Industry lead role in energy technology development and reducing costs Form coalitions to align their research plans and long-term goals Risks to investorWays to mitigate Lack of transparency Regulatory & policy risk Country risk Working with development banks Political risk insurance

25 © World Energy Council 2013 25 Recommendation 3: The new path to sustainability: an opportunity for developing countries Support to government in four areas: 1.Creating attractive policy and regulatory frameworks 2.Generating opportunities for investment in “technically good projects” 3.Developing local human capital needed to establish and maintain an energy sector 4.Developing a path that recognizes the knowledge gap and sticks to locally adapting proven technology

26 © World Energy Council 2013 26 United States on rank 40 201120122013TrendScore Energy security 191712  A Energy equity 111  A Environmental sustainability 908886  C Overall rank and score 16 15  AAC Signs of progress ► Total primary energy intensity improved continuously over the past years and is better than world average ► Emission intensity improved even more in the same timeframe and is close to world average. ► Further improvements are to be expected in the near future, e.g., coal replaced by gas, GHG and fuel efficiency standards and so on

27 © World Energy Council 2013 Energy sustainability balance Asia

28 © World Energy Council 2013 Energy sustainability balance Europe

29 © World Energy Council 2013 Energy sustainability balance Latin America and the Caribbean

30 © World Energy Council 2013 Energy sustainability balance Middle East and North Africa

31 © World Energy Council 2013 Energy sustainability balance North America

32 © World Energy Council 2013 32 Energy sustainability balance Sub-Saharan Africa


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