The energy sector is experiencing a transformation, new synergies are being realised through linking operational, information technology, and communication systems: the sector’s digital footprint is rapidly expanding. Digitalisation and the development and transformation of energy supply chains are at the core of many government and businesses priorities. At the same […]
A perfect storm of factors is upending the traditional energy industry’s economics. In the face of this roiling change, energy companies can no longer proceed with business as usual. Their survival hinges on a bold rethinking of their business and operating models. energy companies will not only need to transform […]
The World Energy Council has launched an exclusive Innovation Insights Brief: Energy Infrastructure: Affordability Enabler or Decarbonisation Constraint? The brief contains key insights from interviews with global leaders across the energy sector. Transitioning to a decarbonised energy system will result in stranded infrastructure assets or lead to their early decommissioning. […]
The World Energy Council launched the Innovation Insights Brief: “New Hydrogen Economy – hope or hype?”. The brief contains exclusive insights based on interviews with the key global leaders across the energy sector. Interviewees answered the questions about what is new and what are the critical factors for hydrogen as […]
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 […]
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 […]
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. […]
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 […]
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.
