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UAE:Inspiring global collaboration to help meet 9 billion people's energy demand |
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With a global population expected to rise to nine billion over the next two decades creating energy demand increases of more than 50 percent, supplying secure, affordable, clean energy to an additional two billion people will be no small undertaking. But I believe it is a challenge that presents the energy industry with a greatest opportunity of a generation.
For this reason, the platform offered by the World Future Energy Summit, part of Abu Dhabi Sustainability Week and hosted by Masdar, has never been more critical for inspiring global collaboration and powering the future of energy investment and innovation. What is encouraging is that energy industry is responding. According to McKinsey, global clean energy investment grew more than fivefold between 2005 and 2012, from $30 billion to about $160 billion. Even countries with vast reserves of fossil fuels, such as the Gulf countries, recognize the opportunity and are developing substantial programs for renewable energy development. But this is only the beginning. We must accelerate the innovation cycle by diverting capital from traditional energy exploration to future energy development, whilst driving down the cost of clean technology to make the shift economically viable. It is now impossible to decouple our economic future from our environmental one, and to secure both I believe the energy industry must be braced for an industrial acceleration of great proportions. Thus, more than 30,000 like-minded professionals will gather in Abu Dhabi early next year for what promises to be the most important 8th World Future Energy Summit yet, 19-22 January 2015 at the Abu Dhabi National Exhibition Centre. Image CreditsGoogle Images |
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4 Comments
Global negotiations among catalysts of energy are essential, because they are what are changing the world, and the world needs committed and aware agents of change.
Posted 03-11-2014 04:49
Global collaboration and diplomatic discussions are crucial in spreading environmental awareness across the globe. Thanks for your comments, Christy and Rohan:)
Posted 22-10-2014 20:12
Thanks for sharing this event Manav.
We all look forward to see the advent of clean renewable energy sources.
Posted 21-10-2014 19:23
Thank you for sharing the great news, Manav :) I am really excited to see the result of the summit. I hope to see viable solution for the renewable energy resources which shows more than 50% of effectiveness.
Posted 20-10-2014 13:42