World Energy Council

Four Things That Are Different About Electricity Infrastructure

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Infrastructure investing has been a hot business sector for several years against a background of swift economic development in the emerging world and efforts by developed-world governments to limit the impacts of a grinding recession, energy infrastructure investment has continued to lag needs.

While investing in water or transportation infrastructure has links to energy both in the way deals are structured and in how the actual assets impact each other, energy infrastructure has some key differences, highlighted by the American Society of Civil Engineers in its recent report on Investment Trends in Electricity Infrastructure. Keep reading →

 /  Published May 10, 2012 at 8:00 AM

What Drives a Global Future for Natural Gas?

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Natural gas could reach the status of a globally priced and traded commodity within five years if sufficient shipping capacity is developed.

The use of natural gas in transport has the potential to change the role of energy infrastructure, politics and investing, but without the right mix of government policies and business commitment fuel consumption patterns will lag broader shifts that include a shift in consumption power to emerging economies. Keep reading →

 /  Published May 7, 2012 at 8:30 AM

KEPCO Eyes Global Expansion, Building on Domestic Energy Transition

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Traditional Korean lamps in the city of Daegu, Korea’s third largest.

In a business world obsessed with quarterly returns, the energy sector continues to think about the long term in years and decades, not weeks and months. Keep reading →

 /  Published April 30, 2012 at 7:00 AM

Do Elections Matter In Energy?

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Despite the high volume of attention paid to elections, national policies may matter less than raw economics and common goals applied in nationally customized ways as the energy sector becomes increasingly networked across the world. Keep reading →

 /  Published April 25, 2012 at 12:30 PM

Now at our World Energy Leaders’ Summit in Istanbul over 100 energy leaders discussing Natural Gas Markets and Geopolitics

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Now at our World Energy Leaders’ Summit in Istanbul over 100 energy leaders discussing Natural Gas Markets and Geopolitics WECouncil

 /  Published April 20, 2012 at 10:14 AM

New Nuclear Plant MOU Signed at World Energy Summit

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Canadian nuclear technology firm Candu and Turkish state power generator EUAS have signed an Memorandum of Understanding on building a $20 billion (US) nuclear power plant on the Black Sea. Present at the signing were the Chinese company CNI 23 which is expected to build the plant in partnership with Candu and representatives of Canadian nuclear regulator CCC, a Turkish representative for Candu confirmed for Breaking Energy.

The first step of the process is to conduct a feasibility study, and there is not yet an estimate for the size of the planned facility, the Turkish representative said. Keep reading →

 /  Published April 20, 2012 at 9:40 AM

Solutions Are the Focus as Energy Moves Center Stage in Istanbul

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Istanbul’s Grand Bazaar

Flying into a fast-growing economy from one struggling out of recession is a bracing experience; discussions of resource scarcity are turned upside down and the focus is on how to move fast enough, not how to navigate uncertainty. But for energy leaders gathered in Istanbul, Turkey ahead of the World Energy Council’s Summit tomorrow, the challenges of growth and the challenges of transition are remarkably similar. Keep reading →

 /  Published April 19, 2012 at 2:20 PM

Testing The Waters at a Global Energy Gathering

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The upcoming World Energy Leadership Summit in Istanbul will be a good forum to “test the waters” on how global markets view competition in the energy sector, according to CME Group Chief Economist Blu Putnam.

Turkey is a good crossroads to discuss the future of cheaper, cleaner and more efficient energy development in the developing world even as growth challenges and policy limit the expansion of energy infrastructure in many developed countries, Putnam said in a recent interview with Breaking Energy. Keep reading →

 /  Published April 10, 2012 at 11:00 AM

Istanbul Proves Ideal For Energy Leaders Facing A Trilemma

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The St Sophia church in Istanbul, Turkey, now a museum.

In a global economy dealing with moribund growth, particularly in Europe, Turkey’s robust economy and its distinctive efforts to deregulate its energy business while encouraging cutting edge investment have attracted attention from governments and industry around the world. Keep reading →

 /  Published March 27, 2012 at 3:30 PM

Fukushima Meltdown Didn’t Have To Happen: Report

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Believers pray for victims of the March 11 massive earthquake and tsunami at a memorial in Natori, Miyagi prefecture on March 8, 2012. The earthquake-tsunami disaster, concentrated in the prefectures of Miyagi, Iwate and Fukushima, left more than 19,000 people dead or missing.

A year after a massive earthquake and tsunami struck Tokyo Electric Power’s Fukushima Daiichi nuclear plant, international experts have come to a stark conclusion: the resulting meltdown did not have to happen. Keep reading →

 /  Published March 9, 2012 at 12:00 PM
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