Leaders from around the world, including the President of the EU Commission Ursula von der Leyen, will come together today to address the global challenges and opportunities of speeding up the clean energy transition.
Some 60 governments from countries around the world – the large majority at Minister or equivalent level – will take part in the international Summit on the Future of Energy Security, which is being hosted by the International Energy Agency in partnership with the UK government on 24-25 April.
The United States will only be represented by acting deputy secretaries of state, while China, Saudi Arabia and Russia are skipping the event altogether.
Leaders from all across the energy sector – including oil, gas, renewables, electricity, nuclear, critical minerals and more – as well as from international organisations and civil society, will also take part in the discussions in and around the Summit, which will seek to build consensus on a holistic approach to energy security and ensure governments have the tools they need to prevent and respond to the range of challenges confronting them in a fast-evolving context.
The Organization of the Petroleum Exporting Countries (OPEC) has welcomed the meeting.
"The overall theme is one that OPEC supports. It is positive to see the IEA refocusing on energy security after veering away from this fundamental goal," the group said on Wednesday.
"Many net zero policies have endorsed unrealistic timelines or had little regard for energy security, affordability or feasibility," said OPEC, which has previously described the phasing out of fossil fuels as a "fantasy".
OPEC, whose membership is dominated by oil-producing Gulf states, believes that energy security must be achieved by adding renewable energy sources to existing fossil fuels, not by replacing them.
European countries believe, however, that nuclear energy and renewables are the best way to avoid dependence on imported oil and gas.
UK Prime Minister brings forward £300 million for Great British Energy, the country’s publicly-owned clean energy company, to invest in offshore wind supply chains ahead of the Future of Energy Security summit. This includes investing in new supply chains for offshore wind manufacturing components such as floating offshore platforms and cables.
It is expected that the investment will directly and indirectly mobilise billions in additional private investment - helping de-risk clean energy projects and supporting thousands of jobs and revitalising the UK’s industrial heartlands.
The public investment complements the £43 billion of private investment pledged for clean energy projects since July.
China’s imports of Russian crude oil increased in September, highlighting Beijing’s continued energy cooperation with Moscow despite persistent pr...
Tehran and Baku have pledged to increase cooperation between the two countries across all fields, after an all-important meeting on Monday in Iran's c...
Several countries and international organisations have welcomed the ceasefire agreement between Afghanistan and Pakistan, describing it as a vital ste...
U.S. Vice President JD Vance was holding talks in Israel on Tuesday as Washington tries to stabilise the first, shaky, phase of the Gaza ceasefire and...
Azerbaijani President Ilham Aliyev has announced the lifting of restrictions on the transit of goods to Armenia through Azerbaijani territory, during ...
Azerbaijan is stepping up its renewable energy ambitions with plans to develop eight new solar and wind plants by 2027, backed by $2.8 billion in investment and aimed at exceeding its 2030 climate targets ahead of schedule.
As Russia shifts its energy exports from the West to the East, Europe — until recently a major buyer of Russian oil and gas — is seeking alternative sources of supply.
Türkiye has increased the share of renewable energy in its total installed capacity to more than 60% this year, President Recep Tayyip Erdoğan said on Wednesday at the United Nations Climate Summit in New York.
EBRD stated that Ukraine urgently needs new generation capacity after Russian attacks severely damaged its power sector, creating a significant shortfall in electricity generation. In response, the bank announced the launch of the Ukraine Renewable Energy Risk Mitigation Mechanism.
At least 69 people have died and almost 150 injured following a powerful 6.9-magnitude earthquake off the coast of Cebu City in the central Visayas region of the Philippines, officials said, making it one of the country’s deadliest disasters this year.
A tsunami threat was issued in Chile after a magnitude 7.8 earthquake struck the Drake Passage on Friday. The epicenter was located 135 miles south of Puerto Williams on the north coast of Navarino Island.
The war in Ukraine has reached a strategic impasse, and it seems that the conflict will not be solved by military means. This creates a path toward one of two alternatives: either a “frozen” phase that can last indefinitely or a quest for a durable political regulation.
A shooting in Nice, southeastern France, left two people dead and five injured on Friday, authorities said.
Snapchat will start charging users who store more than 5GB of photos and videos in its Memories feature, prompting backlash from long-time users.
Global investors managing more than $3 trillion in assets have urged governments to halt and reverse deforestation and ecosystem destruction by 2030, according to a joint statement released on Monday ahead of next month’s U.N. climate conference in Brazil.
A team of Argentine paleontologists has uncovered one of the oldest known dinosaurs, a nearly complete skeleton of a long-necked herbivore that roamed Earth 230 million years ago in what is now La Rioja province.
An earthquake of magnitude 6.7 struck Papua province in Indonesia on Thursday, the United States Geological Survey (USGS) said.
Five days after historic floods that have killed at least 66 people and damaged 100,000 homes, Mexico is still struggling to provide aid to the worst-affected communities and locate 75 missing individuals, amid growing criticism of the government’s response to the crisis.
Indonesia's Mount Lewotobi Laki-laki erupted on Wednesday, shooting volcanic ash 10 km (6.2 miles) into the sky, the country's volcanology agency said, forcing authorities to raise the alert system to its highest level.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment