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Abu Dhabi 11-09-2019
Sessions of the third day of the 24th World Energy Conference, which is being hosted by Abu Dhabi, stressed the importance of government support for energy to meet the challenges of successful energy transitions and address the effects of climate change and dependence on clean sources.
Discussions between global energy experts and entrepreneurs continued as more than 15,000 people, including ministers, decision-makers and entrepreneurs, gathered at the Abu Dhabi National Exhibition Center for the third consecutive day of the conference to reshape the future of various global energy fields.
The event was held under the theme of “Global Prosperity: The Need for a New Policy”. The conference participants also attended several keynote sessions throughout the day, which included presentations and discussions of the pressing challenges to be faced in achieving a successful energy transition.
The opening session of the day focused on the role that governments can participate in finding solutions to current energy and climate challenges, and the importance of consumer cooperation and solidarity for the transition to renewables.
At the session titled “Leading Innovation: The Role of Governments in the Future of Energy,” Diego Mesa Boyo, Deputy Minister of Energy of Colombia, Joao Jalamba, Portuguese Minister of State for Energy, and Serge Cole, Partner and Global Energy Consultant, participated in the discussions. And facilities at Ernst Young EY.
Joao Jalamba said Portugal is moving forward with ambitious goals and long-term plans to rely on different types of energy and reduce emissions without affecting consumers.
“It is easy for us to talk about saving the planet when we are in comfortable conditions, but if you have enormous needs and you are in poverty, it will not be a priority. Our challenge is to set clean energy goals that can be reached. Based on current and future technologies, which provide appropriate solutions for consumers. ”
As one of the leading countries in the use of renewable energy sources, Mr. Jalamba explained that it aims to move from 60% of the use of renewable energy in its electrical systems to 80% by 2030, and from 30% of the use of renewable energy within the total Energy consumption to 47% by 2050.
“These goals are important, but more importantly, we show the citizens that this is an opportunity for us, and that it is not a threat that will lower their living standards or increase their costs, just the opposite,” said the Portuguese Minister of State for Energy.
“We cannot follow this policy which will put the members of society against us,” he said. “There is a general consensus between the people and the political parties, and this is what we have in Portugal, where going forward, we must ensure stability and encourage investment.”
For his part, Serge Cole, partner and consultant in the global energy and utilities at “Ernst Young EY” that governments are in the best position at the moment to accelerate the process of transition and reliance on renewable sources of energy, by supporting innovations and the introduction of new technologies, and engage consumers in The economic process that benefits them, promoting energy efficiency throughout the sector.
“Governments are critical to achieving sustainability and securing the supply chain. If we think about where we are now with regard to the Paris Agreement, where we are headed, the challenges are greater than ever, and the government is the only one that can help find solutions Matter. ”
HE Dr. Matar Al Neyadi, Undersecretary of the Ministry of Energy and Industry and Chairman of the Organizing Committee of the 24th World Energy Conference welcomed the participating delegations during a side event held on the sidelines of the third day of the conference.
The event was organized by the Ministerial Forum on Clean Energy, of which the UAE is a member. HE Dr. Matar pointed out that energy innovation “needs to be encouraged, needs investment, and time to market.”
“The issue of providing the energy needed to meet the need while reducing emissions is of paramount importance. We have addressed this issue in many discussions in recent days, where experts, analysts and decision makers share ideas and experiences,” he said.
“Of course it is not a solution that can be compatible with everyone everywhere, but we need to study and understand a variety of methods, and cooperate closely to meet the biggest challenges.”
“The changes in the energy industry are often described as ‘unstable’,” said Dr. Matar. “These changes are well thought out and necessary because the world is looking for a more sustainable future. Towards this goal should be our destination.”
“We have embarked here in the UAE on this journey by embracing diversification of energy sources to ensure our benefit. Commitment exists, investments in progress and political will in the UAE are driving the agenda to ensure sustainability and prosperity for all.
The World Energy Council, in partnership with Oliver Wyman, a global consultancy, unveiled a report reviewing the progress of nearly 130 countries in developing energy security, justice and environmental sustainability policies.
The report, which was launched on the third day of the 24th World Energy Conference in Abu Dhabi, includes the Trillima Index, which draws on global and international data for an objective classification of national energy policies and performance.
What is new in this year’s report is its reliance on historical trend analysis, which gives decision makers an opportunity to follow up
