IEA to convene major international energy security summit

IEA to convene major international energy security summit The IEA will convene an International Summit on the Future of Energy Security in the second quarter of 2025, hosted by the UK government in London, to assess the existing and future risks facing the global energy system and to prioritise the solutions and
Energy
August 2, 2024 10:31
IEA to convene major international energy security summit

The IEA will convene an International Summit on the Future of Energy Security in the second quarter of 2025, hosted by the UK government in London, to assess the existing and future risks facing the global energy system and to prioritise the solutions and opportunities available for addressing them.

According to Report, which cites the IEA, the Summit will examine the geopolitical, technological and economic factors affecting energy security at the national and international level. It will provide global decision makers and key actors with an opportunity to review the trends redefining global energy security. These include changes in energy demand, supply and trade; the adoption of clean and efficient energy solutions; the availability of the minerals and metals required for clean energy technologies – from wind turbines and solar panels to electric vehicles and battery storage; and the allocation of investment during the transition away from fossil fuels.

"The global energy crisis delivered a sobering reminder to countries around the world on the importance of energy security and its implications for our economies,” said IEA Executive Director Fatih Birol. “From its founding 50 years ago, the IEA has been a leader in safeguarding energy security and anticipating emerging risks. As the nature of energy security evolves amid looming threats, the IEA will continue to do all it can to ensure uninterrupted access to energy at affordable prices while honouring global climate commitments."

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