IEA Energy Business Council holds meeting in Paris

More than 50 senior executives representing a wide range of energy, manufacturing and financial companies and institutions convened on 8 April in Paris for a meeting of the IEA Energy Business Council. Participants came from over 25 countries, including not only IEA member countries, but also IEA Accession, Association, and key partner countries, including China, India, Brazil, Indonesia, Chile and Mexico.

In opening the event, IEA Executive Director Fatih Birol highlighted the critical importance of engaging with industry. “We want to take the EBC to the next level, and open doors to new avenues of cooperation and collaboration. The expertise and practical know-how of these companies is critical to the IEA as we seek to provide policy advice to our member countries and beyond,” said Birol. He also noted that the IEA was dedicated to not only learning from members of the EBC, but also finding a way for each company to benefit from this relationship.

The meeting was co-chaired by Birol and IEA Deputy Executive Director Paul Simons, and attended by IEA senior management. Participants discussed key pressing energy issues, including:

• Energy market developments.
• The outlook for the global economy.
• Impact of the Paris Climate Agreement on the global energy sector.
• Modernisation of the IEA.

EBC members were also briefed on key forthcoming IEA publications, including World Energy Outlook 2016, and the first annual IEA Global Energy Investment Report.

Adapted from press release by Rosalie Starling

Read the article online at: https://www.hydrocarbonengineering.com/refining/11042016/iea-energy-business-council-meets-in-paris-2992/