1. THE WORLD ENERGY COUNCIL

2. CITY UNIVERSITY PRESENTATION 3 October 2005 Emily Melton, World Energy Council

3. Foremost global multi-energy, industry-based organisation Covers all types of energy: coal, oil, natural gas, nuclear, hydro, renewables UN-accredited NGO Impartial and objective, respected throughout the energy industry

4. Established in 1923 First World Power Conference in 1924 Incorporated UK company Registered UK charity Headquartered in London

5. Partners with 45+ organisations UN, World Economic Forum World Bank Asian, African Development Banks IEA OPEC, OAPEC, OLADE Eurelectric UPDEA World LP Gas Association, WPC, IGU

6. MISSION “To promote the sustainable supply and use of energy for the greatest benefit of all people” GOALS The 3 A’s Accessibility, availability, acceptability KEY MESSAGE Keep all energy options open

7. WHO ARE WEC’S MEMBERS? 95 autonomous Member Committees Industrialised, transitional, developing countries 92% of energy-producing, consuming countries Committees represent country’s energy interests

8. WEC’S CONSTITUENT MEMBERS All energy sectors Upstream, mid-stream, downstream Producers, providers Suppliers, distributors, retailers, end-users Power plant managers Energy ministers, government agencies Decision-makers, policy-makers Investors Regulators Researchers, academic institutions

9. WHAT DOES WEC DO? Authoritative reports Research and analysis Case studies Medium and long-term energy projections Benchmarking and standards

10. Conferences and meetings Technical programmes Workshops Regional forums Networking sessions

11. THREE-YEAR WORK CYCLES “Top down” -- topical, current global studies “Bottom up” -- regional projects and studies Technical reports on ongoing energy issues Global Energy Information System website

13. 2005-2007 WORK CYCLE Global Studies “Scenarios to 2050 “ “Climate Change” “Survey of Energy Resources”

14. 2005-2007 WORK CYCLE Technical Programmes Performance of Generating Plant Energy Efficiency Financing Renewables Cleaner Fossil Fuels Large Grid Reliability

15. 2005-2007 WORK CYCLE Regional Studies Energy integration (Africa) Urban energy poverty, regional integration (LAC) Energy security, role of nuclear, energy cooperation, grid reliability (Europe) Energy trade, diversification, efficiency (North America) Renewables financing, energy resources (Asia)

16. WORLD ENERGY CONGRESS World's premier multi-energy event 5,000 delegates Keynote addresses by top level political, business leaders Roundtables on major energy themes and issues Technical paper presentations by energy experts Major exhibition Networking sessions

17. FUTURE WORLD ENERGY CONGRESSES 20 th World Energy Congress (2007) Rome, Italy 21 st World Energy Congress (2010) Montreal, Canada

18. SURVEY OF ENERGY RESOURCES WEC’s flagship publication since 1934 Triennial Unique reserves data on coal, oil, natural gas, uranium and nuclear, renewables, peat, oil shale, tidal, OTEC, natural bitumen and extra-heavy oil, wave and wood Expert commentary Data tables and graphs Country information

19. SER MAIN CONCLUSIONS Global reserves of main fossil fuels are enough for the foreseeable future Renewable energy will grow quickly but will not increase much in share of global energy mix

20. Final Energy Supply by Source Oil43% Natural Gas17% Electricity15% Coal13% Other 12%

21. Outlook 55% increase in global energy demand between 2000 and 2020 199820202100 Dev. Countries 35% 50% 70% US$20 trillion (3-4% of world GDP) required for energy investment

22. Oil No. 1 energy source Geopolitical priority 64% in the Middle East (20% in Saudi Arabia) 2% growth in consumption p.a. R/P Ratio - 42 years

23. Crude Oil Reserves

24. Coal Abundant but “dirty” (Clean coal technologies) Total recoverable reserves: 910 billion tonnes - more than 200 years 72 countries (USA, Russia, China, Australia, India and Germany hold over 75%) 27% of global primary energy demand, 40% of electricity

25. Proven Global Coal Reserves

26. Natural Gas High conversion efficiency Environmentally benign Geopolitical concerns Europe - 40%, Middle East - 35% R/P Ratio - 70 years

27. Proven Reserves of Natural Gas

28. Uranium and Nuclear 16-17% of world’s electricity Huge uranium reserves 440 plants in 31 countries (end 2003) Most current expansion in Asia Poor public acceptance High capital costs Spent fuel, decommissioning

29. Renewables

30. Hydropower The best source of renewable energy Used in more than 150 countries 17% of world’s electricity Carbon-free Capital intensive Huge potential – only 33% developed

31. Wood 5% of global primary energy supply Wide variations between regions Asia = 42% Africa = 27% Central & North America = 14% Latin America = 10% Europe = 6% Important for developing and rural economies

32. Bioenergy Potentially the world’s largest and most sustainable fuel resource Finland & Sweden = 15-20% primary energy Emerging technologies High operating cost

33. Solar Energy Important energy source Widely distributed Relatively low conversion efficiency Suitable for small-scale domestic use Cultural/political challenges High production costs

34. Current Use of Solar

35. Wind One of the fastest growing energy technologies Widely available but centred in Europe Economically competitive in remote areas Improving technological solutions Growing generating capacity

36. Other Renewables Peat Geothermal Energy Tidal Energy Wave Energy Ocean Thermal Energy Conversion

37. How to Get Involved National Member Committee British Energy Association 2007 Youth Symposium GEIS – www.worldenergy.org

38. WORLD ENERGY COUNCIL Regency House 1-4 Warwick Street London W1B 5LT United Kingdom T: +44 20 7734 5996 F: +44 20 7734 5926 E: melton@worldenergy.org W: www.worldenergy.org