The British Institute of Energy Economics in association with Citi are hosting the global launch of the IEA’s Special Report on Energy Investment which Dr. Fatih Birol will present for the first time publically on June 6th in London. This is an opportunity to hear first hand from the IEA’s Chief Economist about their new analysis of global energy investment and to question Dr Birol directly about specific aspects of the report. The report covers the global outlook but for the presentation Dr. Birol will focus more on the challenges and implications for energy-investments in Europe and the UK.
Questions about the adequacy, sustainability and reliability of the future of the global energy system often boil down to questions about investment. Will policy create enough opportunities in Europe after a decade of mostly underperforming investments in the power market? Will sufficient financing be available, on suitable terms, for new wind farms to be build? What are the implications of high capital costs of LNG for Europe’s hope to diversify its gas supply? What risks for fossil fuel investments could arise as a result of stronger decarbonisation policies? And will investment be channelled towards areas that address – or exacerbate – the contribution made by the energy sector to climate change?
These are some of the questions that are addressed in a special report in the World Energy Outlook series. In this report the IEA makes a detailed assessment of current flows and future investment needs along the entire energy value chain and examines financing options and barriers to realisation.
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