Key Themes and Shifts in the Energy Sector at Davos 2024

The chapter discusses the importance of the business and economic case for energy transition, energy efficiency, and energy equity. It explores the challenges and complexities of accelerating the energy transition while ensuring a fair transition for all, including the significance of geopolitics, competition between the US and China, and the focus on energy consumption and efficiency.

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A year ago in Davos, energy - particularly the disruption to supply and prices caused by the war in Ukraine - was a top issue at the Forum's Annual Meeting and on Radio Davos we invited two experts in to set out the top lines of the energy discussion.

Roberto Bocca, who heads up energy at the World Economic Forum, and John Defterios, a business professor and former CNN journalist, return this year, as war is an even bigger issue. They also discuss the 'energy transition', especially how that might look in the global South, and they address what was the top issue at this year's Davos: artificial intelligence - which many people believe could play a central role in the energy transition, but which is also itself creating a surge in demand for energy to power all the compute needed to create AI.

Guests:

Roberto Bocca:

https://www.weforum.org/agenda/authors/roberto-bocca/

John Defterios: https://www.weforum.org/people/john-defterios/

Mentioned in this episode:

Nuclear Energy Summit 2024 - 21 March:

https://www.iaea.org/events/nuclear-energy-summit-2024

SDG-7: Ensure access to affordable, reliable, sustainable and modern energy for all: https://www.unep.org/explore-topics/sustainable-development-goals/why-do-sustainable-development-goals-matter/goal-7

Links:

Centre for Energy and Materials: https://centres.weforum.org/centre-for-energy-and-materials/home

Global Future Council on the Future of Energy Transition: https://www.weforum.org/communities/gfc-on-energy-transition/

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