What's New > Event > World Energy Conference 2007
Energy - When The Only Constant Is Change
Dear WEC Member:
The World Energy Congress theme is "The
Energy Future in an Interdependent World." We are all interconnected today -- linked across borders via telecommunication
cable, gas pipelines, electric grids, and global finance.
The new international factor facing
our industry is carbon. Power production and the transport sector create 2/3rds of global CO2 emissions, and the public is becoming vocal in their demand for cleaner energy
and fuels. It seems certain that a 'market
price per ton of carbon' will soon be enacted and will dramatically alter the
cost equation for fossil fuels, and your bottom line.
As a WEC member, you are a global leader in how we produce electricity
and supply transportation fuels. The rules of the game are changing. GENI would like to pose several questions for consideration by you and your staff:
- Renewable Potential: What's the potential capacity of all
the renewable resources in your service territory, including your neighbors? And
could you meet most of your electrical requirements from these non-carbon
resources? (Five nations already do:
Norway, Iceland, Brazil, Canada, and New Zealand.)
- Interconnection: How could these renewables be
integrated into your electric grid and provide the reliability, security and
immediate dispatch that your customers require?
- Fossil Fuel Transition: As existing fossil fuel and nuclear
plants need replacing in the coming years, could renewables meet that
replacement capacity using the same criteria?
- Design: In the coming carbon constrained world
of the future, how would you engineer and build this out?
GENI Initiative advocates the
interconnection of renewable energy resources around the world as a priority
objective We
have earned the endorsement of Dr. Rajendra Pachauri, current Chairman of the
IPCC and 2007 Nobel Prize winner, stating that “the
environmental and economic benefits from this approach could have revolutionary
significance.”
What do you think?
Peter Meisen
President |
