The World Energy Council (WEC) is the principal impartial network of leaders and practitioners promoting an affordable, stable and environmentally sensitive energy system for the greatest benefit of all. Formed in 1923, ...
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“Turkey plays a pivotal role in the energy markets thanks to its crucial geopolitical position as a main link between source countries and consumer markets. Its fast growing economy and demand makes it an attractive energy market and one of those countries that will hold the future of energy development. By hosting our 4th World Energy Leaders’ Summit in Istanbul, we will be creating a unique platform for energy leaders from over 30 countries to exchange critical insights to help them make the right choices in securing long-term energy solutions and investments”.
“We are delighted to welcome the WELS to Istanbul, a deeply historic city where two continents meet. As energy leaders consider the prevailing circumstances in world energy markets and the issues of price volatility and supply security, they will be well informed about Turkey’s importance and strategic role. The commitment we have received from Turkey’s government, through the participation of our Prime Minister and Minister of Energy and Natural Resources, is a strong signal of Turkey’s willingness to take part into the global energy debate.”
“Turkey is fast becoming a regional centre for Asia and Europe, and this means that the impact of its energy policies will directly affect global energy security. This is why it is so significant for Turkey to be co-hosting the World Energy Leaders’ Summit. We look forward to welcoming energy leaders to Turkey for an open dialogue to secure prosperity.”
“Water and energy have a unique relationship made of mutual interactions, one being either a vulnerability or an opportunity to the other (...)
“(...) Therefore, similar and coordinated solutions and policies should be developed in terms of governance on both national and international levels. This has been the driver for our decision to strengthen the collaboration between the World Water Council and the World Energy Council.
“There is no single ‘silver bullet’ solution for the varied nature of Africa's energy challenges. Each African country needs to find its own way of balancing the trade-offs between the three dimensions of the ‘energy trilemma’ to ensure security of supply, affordability of prices, and respect for the environment.”
“The World Energy Council’s energy issues map should be a key input for all nations as they consider their national energy development strategies, and specifically when deciding on the projects to be developed in the short, medium and long term.”
During the meeting, we agreed that the UN and WEC would continue to work together to build processes for closer engagement and help deliver a sustainable energy future for all.
WEC formally supports the UN “International Year of Sustainable Energy for All”.
Africa shares many of the global concerns of the energy leaders' community. While there is no single silver bullet solution to respond to the varied nature of Africa's energy challenges, the Africa Energy Indaba is an important forum to help leaders address the Energy Trilemma.