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GLOBAL ENERGY ISSUES: RECENT DEVELOPMENTS IN POLICY & BUSINESS

GLOBAL ENERGY ISSUES: RECENT DEVELOPMENTS IN POLICY & BUSINESS. Presentation by Gerald Doucet Secretary General World Energy Council Buenos Aires – 3/4 July, 2003. FOCUS ON SUSTAINABILITY. RENEWABLE ENERGY TARGETS ENERGY DRIVERS FOR THE 2050 MARKET WWW. WORLDENERGY.ORG.

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GLOBAL ENERGY ISSUES: RECENT DEVELOPMENTS IN POLICY & BUSINESS

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  1. GLOBAL ENERGY ISSUES: RECENT DEVELOPMENTS IN POLICY & BUSINESS Presentation by Gerald Doucet Secretary General World Energy Council Buenos Aires – 3/4 July, 2003

  2. FOCUS ON SUSTAINABILITY RENEWABLE ENERGY TARGETS ENERGY DRIVERS FOR THE 2050 MARKET WWW. WORLDENERGY.ORG

  3. ENERGY FOR TOMORROW’S WORLD – ACTING NOW! • ACCESSIBILITY • AVAILABILITY • ACCEPTABILITY

  4. WSSD ENDORSES ALL CLEAN TECHNOLOGIES • MAIN ISSUE IS POVERTY ERADICATION • LEAST COST CARBON MITIGATION (CSLF?) • DISTRIBUTED GENERATION VERSUS GRID • RENEWABLES SMALL PART OF SOLUTION

  5. DEFINITIONS MATTER • LARGE HYDRO • BIOMASS • GLOBAL VERSUS NATIONAL • COMPULSORY VERSUS INDICATIVE

  6. OBJECTIVES VARY BY COUNTRY • TARGET ACCEPTABILITY • TARGET ACCESSIBILITY

  7. Source: World Bank

  8. MODERN RENEWABLES MAINLY IN OECD • NOT TO REPLACE FOSSIL FUELS OR NUCLEAR POWER • HYBRID SYSTEMS • BUT NATIONAL POLICY IMPORTANT • SUBSIDIES IMPORTANT

  9. SOME TECHNICAL CONSIDERATIONS • INTERMITTENCY • BACK UP • FULL FUEL CYCLE

  10. SOME MARKET ISSUES • PROGRESS ON RENEWABLE COSTS • BUT FULL COSTS ACCOUNTING NEEDED • CONSUMER NEEDS TO SEE THE FINAL PRICE • SUBSIDIES TARGETTED, TRANSPARENT, TEMPORARY • NO SINGLE REGULATORY MODEL • COMPETITION IS THE FRIEND OF RENEWABLES

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