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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.
JD Vance arrived in Armenia on Monday (9 February), becoming the first sitting U.S. Vice President to visit the country, as Yerevan and Washington agreed to cooperate in the civil nuclear sector in a bid to deepen engagement in the South Caucasus.
António José Seguro’s decisive victory over far-right challenger André Ventura marks an historic moment in Portuguese politics, but analysts caution that the result does not amount to a rejection of populism.
J.D. Vance met Azerbaijan's president Ilham Aliyev in Baku on a rare visit by a sitting U.S. vice president, signalling a renewed push to deepen cooperation with Azerbaijan on energy, security and regional stability.
Buckingham Palace said it is ready to support any police investigation into allegations that Prince Andrew shared confidential British trade documents with late sex offender Jeffrey Epstein, as King Charles expressed “profound concern” over the latest revelations.
Iran’s atomic energy chief says Tehran could dilute uranium enriched to 60 per cent if all international sanctions are lifted, stressing that technical nuclear issues are being discussed alongside political matters in ongoing negotiations.
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.
Greenland registered its warmest January on record, sharpening concerns over how fast-rising Arctic temperatures are reshaping core parts of the island’s economy.
Storm Kristin has left central Portugal with severe destruction, major power outages and a reconstruction bill that officials say could reach billions of euros.
Storm Kristin has killed at least five people and left more than 850,000 residents of central and northern Portugal without electricity on Wednesday (28 January), as it toppled trees, damaged homes, and disrupted road and rail traffic before moving inland to Spain.
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