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IISD Reporting Services (IISD RS) has produced daily reports, daily digital coverage, and a summary report of the Summit. To download our reports, please click the HTML/PDF icons below.
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Summary Report Summary in English Summary in Arabic
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World Future Energy Summit (WFES) 2012
Daily Web Coverage - 16 January | 17 January | 18 January | 19 January  
Summary Highlights of the Forum
Highlights for Monday, 16 January 2012
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Sultan Ahmed Al Jaber, CEO, Masdar, UAE, during the Opening Ceremony.
Masdar The fifth World Future Energy Summit (WFES) 2012 opened in Abu Dhabi, United Arab Emirates (UAE), on 16 January 2012. The first day of this four-day event was organized around the theme “Policy and Strategy Forum,” and comprised opening statements from Sultan Ahmed Al Jaber, CEO Masdar; Wen Jiabao, Premier, China; Kim Hwang-sik, Prime Minister, Republic of Korea; UN Secretary-General Ban Ki-moon; and other dignitaries, followed by special addresses and ministerial panels. The WFES program also included roundtable discussions, an exhibition hall, and numerous other side events and activities.

OPENING CEREMONY

Sultan Ahmed Al Jaber, CEO Masdar, opened the Summit. Describing WFES as a platform for sharing experience and vision, Al Jaber offered examples of innovation and growth in the renewable energy sector including increases in wind power, greater solar capacity, and parallel cost reductions and technology improvements.

Wen Jiabao, Premier, China, stressed the historic connection between harnessing energy and human progress. He said that China will continue to strengthen exchanges and cooperation with International Renewable Energy Agency (IRENA).

Kim Hwang-sik, Prime Minister, Republic of Korea, described Korea’s low carbon, green growth strategy and shared Korea’s experience in green growth.

Nassir Abdulaziz Al-Nasser, President, UN General Assembly, highlighted the UN 2012 International Year of Sustainable Energy for All.

Ban Ki-moon, UN Secretary-General, stressed the need to end energy poverty to ensure equal opportunities. He described the UN Conference on Sustainable Development (also known as Rio+20) meetings as the beginning of a multi-year mission to achieve sustainable energy for all, and called for a new energy future that harnesses the power of technology and innovation in the service of people and the planet.

*Download the IISD RS daily report for Monday, 16 January (English: HTML - PDF format) (Arabic: PDF format).
*Visit the web coverage for Monday, 16 January 2012.
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Ban Ki-moon, UN Secretary-General, during the Opening Ceremony and Policy Forum
Wen Jiabao, Premier, People's Republic of China
Sultan Ahmed Al Jaber, CEO, Masdar
Nassir Abdulaziz Al-Nasser, President, UN General Assembly
Kim Hwang-sik, Prime Minister, Republic of Korea
Ban Ki-moon, UN Secretary-General
Aida Mohammad Al Busaidy, Communications, Masdar
Video presented to delegates during the Opening Ceremony and Policy Forum
Bertrand Piccard, CEO, Solar Impulse, Switzerland
Aidan Dwyer, Young Innovator-Group of Students, US
Ministers' Panel on Sustainable Energy for All
Ministers' Panel on Action towards Universal Energy Access
Ministers' Panel on The Role of the Government Institutions in Accelerating the Transition to a Global Clean Energy Economy
International Energy Agency (IEA) and IRENA sign a letter of intent
Signing Ceremony of the Memorandum of Understanding
between New Energy and Industrial Technology
Development Organization (NEDO)
and IRENA

Highlights for Tuesday, 17 January 2012
On Tuesday, the World Future Energy Summit (WFES) 2012 was organized around the theme of “Business and Policy Forum.” In the morning, participants attended plenary panel discussions by business leaders in sustainable energy and international agencies. In the afternoon, participants attended parallel sessions on wind power, natural gas, energy efficiency, cities, transportation, China, rural development, and capacity building. During an evening reception, the 2011 Zayed Future Energy Prize was awarded to Schneider Electric, Ashok Gadgil, and the Carbon Disclosure Project.

In a keynote address, Fatih Birol, International Energy Agency (IEA), underlined that the global financial crisis and the Fukushima nuclear disaster have affected government energy policies and demoted climate change on the political agenda.

Panelists in the business leaders in future energy plenary session agreed on the need to continue investing in emerging markets, with Tulsi Tanti, Chairman, Suzlon, saying this can transform obstacles into opportunity. Juan Araluce, President, Vestas, and Frank Wouters, Director, Masdar Power, emphasized economies of scale and scalability. Bjørn Haugland, DNV, highlighted investments in research and development as companies transition from renewable pilot projects. Steve Bolze, General Electric, said investments in new technologies will be critical in the longer-term. Mark Carne, Shell, pointed out that 2012 will be the first year that Shell produces more gas than oil. Jim Brown, First Solar, said that supply stacks, including photovoltaics and renewable energy, can insulate the market from price volatility risk. Steve O’Rouke, Sun Edison, said addressing engineering issues is the next challenge for photovoltaic technology. Jean-Pascal Tricoire, President, Schneider Electric, emphasized the need for low cost energy.

During a plenary session on insights from international agencies, Adnan Amin, Director General, International Renewable Energy Agency (IRENA), suggested governments create an environment that encourages private sector investment in renewables. S. Vijay Iyer, World Bank, said governments can justify using renewable energies across numerous sectors, and encouraged applying funds to leverage the private sector. Jim Leape, Director General, WWF International, stressed the importance of renewable energy efficiency and using arguments beyond climate change. Mohammed El-Ashry, Chairman, REN21, emphasized the need for public and private support for innovation to enter the marketplace. Marcel Engel, World Business Council for Sustainable Development, said business needs predictability to scale up. Timothy Wirth, President, United Nations Foundation, suggested complementary approaches for sustainable energy and economic growth, such as efficiency incentives. Carlos Dora, World Health Organization, stressed complementarities in environment, energy, and health, saying people need to understand concrete benefits from change.

*Download the IISD RS daily report for Tuesday, 17 January. (English: HTML - PDF format) (Arabic: PDF format).
*Visit the web coverage for Tuesday, 17 January 2012.
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Winners and runners-up of the Zayed Future Energy Prize (L-R): Jean-Pascal Tricore, Schneider Electric; Ashok Gadgil, University of California; Paul Dickinson, Carbon Disclosure Project; HH General Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi; Damian Miller, Founder and CEO of Orb Energy; Eric Pooley, Environmental Defense Fund; Sultan Ahmed Al Jaber, Director-General, Zayed Future Energy Prize.
Fatih Birol, Chief Economist, International Energy Agency (IEA)
Business Leaders in Future Energy panel
IRENA pavillion with REEEP, REN21, and IISD booths
Department of Municipal Affairs for Abu Dhabi City
Jacob Wallenberg, Chairman, AB, Sweden
Side Event on Masdar City, a Special Economic Zone
Tom Heap, Broadcaster, BBC, UK, moderating during the Insights from the International Agencies
Keynote speaker Rajendra Pachauri, Chairman,
IPCC, said no limits exist to the potential for renewable sources
of energy, including solar, geothermal, and hydropower
Panel on Transforming Cities: Establishing Sustainable Communities (L-R): Peter Sharratt, Managing Partner, Deloitte LLP; Rutu Dave, Climate Change Specialist, CF-Assist, Climate Change Practice, World Bank Institute; Alan Frost, Director, Masdar City; Rex Parris, Mayor, Lancaster, CA, US; Mary Walsh, London Leader, London Sustainable Development Commission, UK
Andrew Beebe (left), CCO, Suntech, China, speaking on China meeting its long-term energy goals
Panel on Wind: Powering Up (L-R): Luis Adao da Fonseca, Chief Business Development Officer, EDP, Portugal; Andrew Garrad, President, Garrad Hassan, UK; Steve Sawyer, Secretary General, Global Wind Energy Council; Eddie O’Connor, CEO, Mainstream Renewable Power, Ireland; Inigo Sabater Elzaguirre, VP Government Relations, Vestas Mediterranean; Aart Schreij, Project Manager, London Array, Masdar, UAE;
Signature of MoU between IRENA and REN21 (L-R):
Adnan Amin, Director General, IRENA, and Mohamed
El-Ashry, Chairman, REN21's Steering Committee
Kimo Goree, Director, IISD RS, introducing the Sustainable Energy
Policy & Practice
knowledgebase to Karsten Sach, Germany; Adnan Amin, IRENA; and Michael Corbin, US Ambassador to the UAE.

Highlights for Wednesday, 18 January 2012
On Wednesday, the World Future Energy Summit (WFES) 2012 was organized around the “Technology & Innovation Forum” theme. In the morning, participants heard a keynote address and panel discussion by technology leaders and entrepreneurs during two plenary sessions. In the afternoon, Participants attended parallel sessions on issues including solar technology, energy storage, energy-smart infrastructures, carbon capture and storage (CCS), bioenergy, and nuclear power. Side events also took place in a variety of locations throughout WFES, including the Project Village, the Young Future Energy Leaders pavilion, roundtables, and pavilions and conference suites.

*Download the IISD RS daily report for Wednesday, 18 January. (English: HTML - PDF format ) (Arabic: PDF format).
*Visit the web coverage for Wednesday, 18 January 2012.
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HH General Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, visits the booth of the UAE Department of Municipal Affairs
Alex Burns, CEO, Williams F1
Keynote speaker Alex Burns submits every
engineering and design modification to the question:
“Does this change make the car go faster?”
Panel on Technology Leaders in Future Energy
Panel on Insights from the Entrepreneurs
Adrian Wood, Siemens, speaking on
the need to get the energy mix right.
Rhone Resch, Solar Energy Industries Association, speaking
on the potential of PV in Germany, the US, and Saudi Arabia
(L-R): Ahmed Al Mazrouei, Emirates Nuclear Energy Corporation; Homam Albaroudi, The Cooperation Council for the Arab States of the Gulf; Matt Brown, Pöyry Management Consulting; Ibrahim Babelli, King Abdullah City for Atomic and Renewable Energy (KA CARE); Mike Waite, Westinghouse Electric Company
MoU Signing Ceremony with
Masdar Institute Science & Technology and IRENA
Participants break for tea

Highlights for Thursday, 19 January 2012
The fourth and final day of World Future Energy Summit (WFES) 2011 was organized around the theme “Finance and Regulatation Forum.” Keynote speaker Plutarchos Sakellaris, European Investment Bank, identified three instruments that governments can use to attract technology investment: fixed prices, such as feed-in tariffs; market-based approaches, such as certificate cshemes; and targeted approaches.

A subsequent panel on “Financing Sustainable Energy for All,” addressed financing for renewables, and the role of governments, insurance companies, and manufacturers in financing technologies. Ravi Suri, Standard Chartered Bank, called for better understanding of technology risk. Ben Warren, Ernst & Young, stressed that new sources of capital, including pension funds, need to enter the renewable energy financing fray. Richenda Van Leeuwen, UN Foundation, highlighted the potential for telecommunication companies to enter the market. Alex O’Cinneide, Director, Masdar Capital, with Jorge Ramos, Citigroup, stressed that financers need consistent renewable energy policy rather than fluctuating government attitudes and inconsistency.

During the closing ceremony, Richenda Van Leeuwen, United Nations Foundation, stressed the need to keep energy at the top of the global agenda and reminded participants of Ban Ki-moon’s Sustainable Energy For All initiative. Christiana Figueres, Executive Secretary, UNFCCC, stressed that the Durban climate change conference delivered beyond expectations, demonstrating universal political will and increased ambition in the global climate regime. Rob Bradley, Ministry of Foreign Affairs, UAE, described UAE’s historic and ongoing leadership in environmental protection and conservation. Robert Swan, Voyage for Cleaner Energy, urged delegates to inspire others, saying "the greatest threat to our planet is the belief that someone else will save it." Summit director Fiona Watson announced that plans are under way for the 2013 WFES, which will run in tandem with an International Water Summit next year, supported by the International Water Association. WFES 2011 closed at 3:15pm.

*Visit the web coverage for Thursday, 19 January 2012.
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Christiana Figueres, Executive Secretary, United Nations Framework Convention on Climate Change (UNFCCC), during the session on Future Energy Future Strategies

Close of World Future Energy Summit 2012

Richenda Van Leeuwen, United Nations Foundation (UNF)
Fiona Watson, Summit Director for WFES 2012

Future Energy Future Strategies


Rob Bradley, Directorate of Energy & Climate Change, UAE; Richenda Van Leeuwen, UNF; Christiana Figueres, United Nations Framework Convention on Climate Change (UNFCCC); Robert Swan, Voyage for Cleaner Energy, US

Finance Leaders in Future Energy - Insights from the Financiers

Plutarchos Sakellaris, European Investment Bank
Plutarchos Sakellaris with Nat
Bullard
, Bloomberg New Energy Finance

The Role of Venture Capital in Future Energy Financing

Roger Ammoun, Customised Fund Investment Group; Marcelo Carvalho de Andrade, Earth Capital Partners; Anup Jacob, Virgin Green Fund; and Alex O’Cinneide, Masdar Capital
Alex O’Cinneide; Nikunj Jinsi, Climate Business Group - Clean Technology Investments Group; Wayne Keast, Consensus Environment; Eswar Mani, Masdar Capital; and Michael Sears, Siemens Venture Capital

Side Events

Side event on Women Advancing Solutions (L-R): Sulaf Al-Zu'bi, CEO, INJAZ UAE; Hanaan Yahya, Exxon Mobil; Lamya Faisal Mohamed, Emirates Foundation
Participant asks a question to the panel for the
side event on Women Advancing Solutions

Assem Kabesh from Masdar City presented its state-of-the-art sustainable city

The Japan Pavilion sponsored a side event for Emirati students to learn about generating electricity from non-conventional sources and to build and drive mini-solar powered cars.
Participant making a mini-solar powered car

Your IISD Reporting Services team at the WFES 2012 (L-R): Catherine Benson, US; Tallash N. Kantai, Kenya; Delia Paul, Malaysia; Ari Daniel Shapiro, US; Miquel Muñoz, Spain; Diego Noguera, Colombia; Jonathan Manley, South Africa; Brad Vincelette, Canada
Related Links
Summit resources
*Summit website
*Summit programme
*Summit speakers
*Innovate @ WFES
*Roundtable discussions
*Project Village
*International Renewable Energy Agency (IRENA) website

IISD RS resources
*IISD RS coverage of the Pacific Leaders Meeting and Second Session of the Assembly of the International Renewable Energy Agency (IRENA), 13 and 14-15 January 2012, Abu Dhabi, UAE
*IISD RS summary report of the Workshop on Renewables – Competitiveness and Innovation, and the Official Opening of the IRENA International Innovation and Technology Centre (IITC), 6-7 October 2011, Bonn, Germany (HTML - PDF)
*IISD RS summary report of the Workshop on the Occasion of the Official Innovation and Technology Centre (IITC) Inauguration, 6 October 2011, Bonn, Germany (HTML - PDF)
*IISD RS coverage of the High-Level Africa Consultative Forum on Renewable Energy, 8-9 July 2011, Abu Dhabi, UAE
*IISD RS coverage of the Sixth Asia Clean Energy Forum 2011, 22-24 June 2011, Manila, Philippines
*IISD RS briefing note of the Ministerial Meeting on Energy and Green Industry, 21-22 June 2011, Vienna, Austria (HTML - PDF) and summary report of the Vienna Energy Forum 2011, 21-23 June 2011, Vienna, Austria (HTML - PDF)
*IISD RS summary report of the Regional Global Forum on Sustainable Energy (GFSE) - “Energy between Danube and Caucasus” - The Role of Renewable Energy and Energy Efficiency as a Key Issue for Economic Development, 28-29 April 2011, Vienna, Austria (HTML - PDF)
*IISD RS coverage of the Fifth Session of the Preparatory Commission for the International Renewable Energy Agency (IRENA) and First session of the Assembly of IRENA, 3 and 4-5 April 2011, Abu Dhabi, UAE
*IISD RS coverage of the World Future Energy Summit 2011, 17-20 January 2011, Abu Dhabi, UAE
*IISD RS coverage of the Delhi International Renewable Energy Conference, 27-29 October 2010, New Delhi, India
*IISD RS summary report of the First High-Level Meeting of the Africa-EU Energy Partnership, 14-15 September 2010, Vienna, Austria (HTML - PDF)
*IISD RS Summary Report of the Global Renewable Energy Forum - “Scaling up Renewable Energy,” 7-9 October 2009, León, Mexico (English: HTML - PDF) (Spanish: HTML - PDF)
*IISD RS Summary Report of the Vienna Energy Conference 2009, 22-24 June 2009, Vienna, Austria (HTML - PDF)
*IISD RS coverage of the Global Renewable Energy Forum, 18-21 May 2008, Foz do Iguaçu, Brazil
*IISD RS Summary Report of Seventh Meeting of the Global Forum on Sustainable Energy (GFSE-7) - “Energy Efficiency for Developing Countries,” 21-23 November 2007, Vienna, Austria (HTML - PDF)
*IISD RS Summary Report of Sixth Meeting of the Global Forum on Sustainable Energy (GFSE-6) - “Africa is Energizing Itself,” 29 November - 1 December 2006, Vienna, Austria (HTML - PDF)
*IISD RS Summary Report of the Fifth Meeting of the Global Forum on Sustainable Energy (GFSE-5) - “Enhancing International Cooperation on Biomass,” 11-13 May 2005, Vienna, Austria (HTML - PDF - TEXT)
*IISD RS Summary Report of the Fourth Meeting of the Global Forum on Sustainable Energy (GFSE-4) - “Energy for Sustainable Development: Reconsidering the Role of Incentive Measures,” 18-20 February 2004, Vienna, Austria (HTML - PDF - TEXT)
*IISD RS Summary Report of the Third Meeting of the Global Forum on Sustainable Energy (GFSE-3) - “Public-Private Partnerships for Rural Energy Development,” 27-29 November 2002, Graz, Austria (HTML - PDF - TEXT)
*IISD RS Summary Report of Second Meeting of the Global Forum on Sustainable Energy (GFSE-2) - “Energy Technologies: Cooperation for Rural Development,” 28-30 November 2001, Laxenburg, Austria (HTML - PDF - TEXT)
*IISD RS Summary Report of the First Meeting of the Global Forum on Sustainable Energy (GFSE-1) - “Rural Energy: Priorities for Action,” 11-13 December 2000, Laxenburg, Austria (HTML - PDF - TEXT)
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