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.
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As Europe accelerates its energy transition, Azerbaijan is emerging as a pivotal supplier of renewable electricity. Through a growing network of green energy corridors, Baku could reshape energy security in the Balkans and beyond.
China has connected the world’s largest offshore solar power project to its national grid, marking a significant step in the country’s push to expand renewable energy generation.
Emirati investment has become a central element of Azerbaijan’s renewable energy ambitions, prompting fresh focus on whether recent high-level visits were also aimed at accelerating a shift beyond oil and gas.
Follow the latest developments and global reaction after the U.S. and Israel launched “major combat operations” in Iran, prompting retaliation from Tehran.
Saudi Arabia’s state oil giant Saudi Aramco closed its Ras Tanura refinery on Monday following an Iranian drone strike, an industry source told Reuters as Tehran retaliated across the Gulf after a U.S.-Israeli attack on Iranian targets over the weekend.
The Kremlin is utilising the recent United States and Israeli military strikes on Iran to validate its ongoing war in Ukraine. Russian officials are pointing to the escalation in the Middle East as evidence that Western nations do not adhere to international rules.
The Middle East crisis intensifies after the deadly attack on the compound of the Supreme Leader of Iran Ali Khamenei on Saturday that killed him, other family members and senior figures. Iran has launched retaliatory strikes on U.S. targets in the region.
Ayatollah Alireza Arafi has moved into a pivotal constitutional role following the death of Supreme Leader Ayatollah Ali Khamenei, becoming the clerical member of Iran’s temporary leadership council under Article 111 of the Constitution of the Islamic Republic of Iran.
The death toll from heavy rains and flooding in Brazil’s Minas Gerais state has risen to 46, authorities said, with 21 people still reported missing. The storms triggered landslides and widespread flooding, displacing thousands across Juiz de Fora and Uba.
The administration of U.S. President Donald Trump on Thursday (12 February) announced the repeal of a scientific finding that greenhouse gas emissions endanger human health, and eliminated federal tailpipe emissions standards for cars and trucks.
Tropical Cyclone Gezani has killed at least 31 people and left four others missing after tearing through eastern Madagascar, the government said on Wednesday, with the island nation’s second-largest city bearing the brunt of the destruction.
Rivers and reservoirs across Spain and Portugal were on the verge of overflowing on Wednesday as a new weather front pounded the Iberian peninsula, compounding damage from last week's Storm Kristin.
Morocco has evacuated more than 100,000 people from four provinces after heavy rainfall triggered flash floods across several northern regions, the Interior Ministry said on Wednesday.
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