IEF: Energy Transition in the Era of Climate Change
Historically, energy transitions have taken decades. It took ~40 years for coal, oil, and gas to reach 15-20% share of the world’s primary energy consumption. Prior transitions were driven by fuels with higher functionality and lower cost and were technologically and economically driven. The current transition is being driven by a plethora of local, national, and regional policies and regulations which are not well coordinated. Are the recent disruptions in energy supplies around the world an indicator of how this transition will progress? How can policy makers and companies collaborate better to make this transition more orderly? Consumers around the world are generally not willing to pay higher costs to reduce emissions. How will this transition be financed? What is necessary to make this a “just transition” for communities most impacted? Where are the large-scale opportunities for emerging and developing economies to leapfrog to the future energy system? Speakers Emma Delaney, Executive vice president, customers & products, bp p.l.c. Amitabh Kant, Chief Executive Officer, National Institution for Transforming India (NITI Aayog) Chair Atul Arya, Senior Vice President & Chief Energy Strategist, IHS Markit
Play video IEF: India's Hydrocarbon Balance: Securing Barrels
IEF: India's Hydrocarbon Balance: Securing Barrels
(2021)India imports about 85% of its crude oil demand. What strategies are necessary for India to offset decline in domestic production and reduce import dependence? How can production from mature fields increase using state of the art technologies?
Play video IEF: Will High Prices Accelerate the Transition Away from Oil?
IEF: Will High Prices Accelerate the Transition Away from Oil?
(2021) Oil & gas prices are reaching multi-year highs, creating strong momentum to accelerate the pace of transition. Will high prices, even short-term, help accelerate transition? Are high commodity prices necessary to finance energy transition?
Play video IEF: Indian Leadership Dialogue
IEF: Indian Leadership Dialogue
(2021) Leaders from across India’s value chain of energy explore how industry is innovating and investing to meet the economic growth and development needs of the country.
Play video IEF: India’s Energy Innovation Ecosystem
IEF: India’s Energy Innovation Ecosystem
(2021) How is India’s innovation ecosystem developing to commercialize technology and scale solutions for its energy & industrial transformation? What institutional partnerships are supporting domestic innovation and bringing them to market?
Play video IEF: Scaling Clean, Reliable & Domestic Geothermal Energy
IEF: Scaling Clean, Reliable & Domestic Geothermal Energy
(2021) India is at a nascent stage of geothermal energy utilization. How can it develop policies and support mechanisms for funding and environmental assessments for geothermal? Which global best practices can help reach its geothermal potential?
Play video IEF: Creating Resilience to Climate Change: Lessons from the pandemic
IEF: Creating Resilience to Climate Change: Lessons from the pandemic
(2021) What lessons can we take from the pandemic to build back better? What are opportunities for industry & governments to improve resilience to climate change? What is a sustainable path of growth for India to grow its economy and meet climate goa