In anticipation of the 24th World Energy Congress, the Council is refreshing its global energy foresight and updating its global scenarios narratives. The focus is on an ‘innovation twist to 2040’ and the use of scenarios to explore and navigate new exponential growth opportunities for accelerating successful energy transition in an era of epic and […]
In its tenth year, The World Energy Issues Monitor 2019: ‘Managing the Grand Transition’ published by the World Energy Council, provides a snapshot of the current priorities, facing global energy leaders. The report looks at the global energy agenda and analyses the trends and outlook in six world regions and over 90 countries. The […]
The Young Energy Professionals (YEP) Programme is an interdisciplinary network of young energy leaders from members and partners of WEC Austria. The YEP Programme was initiated by the London office of WEC. The first cycle was launched in October 2015 and lasted until autumn 2018. The topics covered by the participants in the first cycle […]
The blockchain in the energy market has the first hype behind it. The technology is being used in more and more (pilot) projects, such as decentralised supply models (P2P). But is the regulatory framework in the energy market already fit for blockchain? Where changes may be necessary to raise further potential for new solutions. The […]
This WEC White Paper looks at the potential of Blockchain Technology for the energy sector. Although blockchain is gaining wide-spread acknowledgement and use in the sector, there are still a number of uncertainties surrounding the technology and a combination of technological, regulatory and other practical challenges could stall its growth. Among other things, the […]
The goals to be achieved in the ‘Energy Trilemma’ are defined by the World Energy Council (WEC) as secure energy supply access to affordable energy sustainability in the generation and consumption of energy Each country pursues its own strategy to solve the energy trilemma. In the current Energy Trilemma Index of the WEC 125 countries are […]
Energy efficient technologies can be found in all parts of the energy conversion chain: from exploration and production of primary energy resources, to power generation and oil refineries to electricity grids, to the final use in industry, buildings and transportation. But it is not only the technical potential which is crucial for successful introduction of […]
‘World Energy Scenarios: The Grand Transition’ is the conclusion of a three-year study, built by a network of more than 70 members, from over 25 countries, and quantified with a global multi-regional energy system model. In producing the World Energy Scenarios, the World Energy Council collaborated with Accenture Strategy and the Paul Scherrer Institute to […]
This WEC study is a unique comprehensive compilation of global energy resources. It covers not only the fossil fuels but also the major types of traditional and novel sources of energy.
Renewable Energy Sources (RES) offer many benefits, such as CO2 emissions mitigation, fossil fuels import requirement reduction and new jobs creation, just to name a few. The study identifies these challenges and offers solutions based on the experience of industry operators around the world.
