The IEA’s findings on World Energy Investment
The International Energy Agency recently released the first ever detailed analysis of investment across the global energy system. BIEE in association with the Energy Futures Lab at Imperial College will host a presentation of the report.
In this inaugural annual report on energy investments around the world, the International Energy Agency (IEA) looks at the lifeblood of the global energy system: investment. The ability to attract and direct capital flows is vital to transitioning to a low-carbon economy while also maintaining energy security and expanding energy access worldwide. The success or failure of energy policies can be measured by their ability to mobilise investments.
The new report measures in a detailed manner the state of investment in the energy system across technologies, sectors and regions. The analysis takes a comprehensive look at the critical issues confronting investors, policy-makers, and consumers over the past year.
World Energy Investment 2016 addresses key questions, including:
As a unique benchmark of current investment trends, World Energy Investment 2016 serves as a complement to the forecasts and projections found in other IEA publications and provides a critical foundation for decision making by governments and industry.
Laszlo Varro is the Chief Economist of the International Energy Agency. He leads the Economics and Investment Office, which is responsible for providing energy economics insights for the policy and energy security analysis of the IEA. He is responsible for the comprehensive coverage of investment in the energy sector, including the market and policy drivers of investment, investment impact of regulatory and market design measures, as well as the energy security and climate change implications of the investment process. He leads the Energy Business Council, the IEA’s main engagement platform with the private sector. Until 2016 Laszlo held the position of Head of Gas, Coal and Power Markets at the IEA. In this post he was responsible for gas market and supply security analysis, LNG markets, electricity market design and infrastructure policy as well as the impact of climate policy on coal-based electrification.
Until 2011 Laszlo was the Director for Strategy Development at MOL Group, a publicly-quoted oil and gas independent. In his corporate role he was responsible for the development of corporate strategy including demand forecasting, portfolio management and investment capital allocation. From 2005 to 2011 Laszlo worked as the Head of Price Regulation at the Hungarian Energy Office where his main projects were unbundling and network tariff setting, introduction of the first feed in tariffs for renewables in Hungary as well as restructuring power purchase agreements during market liberalisation. Laszlo started his economist career at the National Bank of Hungary after completing his graduate degree at the University of Cambridge and Corvinus University of Budapest.
The meeting is being co-hosted by The Energy Futures Lab at Imperial College. The Lecture will be held in Lecture Room 3 of the Imperial College Business School, on the Imperial College South Kensington Campus. Location 17 on the Imperial College Map
The event is on the third floor of the Imperial College Business School . The room is best found by entering the College via the main entrance on Exhibition Road (near buildings 17 and 36). The entrance to the Business School is in the far right hand corner of the lobby, once inside just take the elevator to the third floor and to the lecture theatre.
The meeting will be held from 17:00 – 18:30, followed by refreshments.