World Energy Congress supports and inspires the leaders, innovators and thinkers of tomorrow. using 5G to boost sustainability and how collaborations can lead to faster, better and cheaper energy, was one of the issues discussed during the fourth session and last day of the 24th World Energy Congress.
The session ‘Start-up Energy Transition: The power of the bold’ saw a panel of experts, among them the winners of this year’s Startup Energy Transition Award, debate, discuss and predict the most pressing energy challenges the world will face in years to come.
The closing sessions at the World Energy Congress welcomed some of the UAE’s highest-profile business leaders as well as distinguished industry figures, exciting young thinkers and government ministers under the theme of ‘Innovation: The pathway to prosperity”.
Thursday saw extensive debates covering issues critical to the future of energy production, supply and distribution and how bold entrepreneurship can shape the culture of innovation needed in rapidly changing world.
The day’s keynote speech saw Khalifa Hassan Alshamsi, Etisalat’s Group Chief Corporate Strategy & Governance Officer, explain how the newest generation of mobile technology can be harnessed to promote sustainability in the energy sector.
Marwan Bin Haidar, Executive Vice President of Innovation & The Future, Dubai Electricity and Water Authority, DEWA, joined the delegates to consider the new business models, technologies and ideas that will be at the forefront of the industry’s ongoing transition.
Andreas Kulmann, Chief Executive of the German Energy Company Deutsche Energie-Agentur, echoed Bin Haidar’s comments adding that for start-ups “being bold is one thing, but being smart is another.”
At the session ‘Pitch perfect: Best of the Start-up Energy Transition, SET,’ Michele Fiorentino, Chief Investment Officer, ADNOC, joined a panel of judges to consider the ideas set out by SET finalists to discover the next global game-changing idea or invention for the energy sector.
Start-Up Energy Transition, SET, is a global innovation platform supporting disruption in energy transition. Selected from a total of 450 applications from 80 countries, 10 startup finalists pitched their innovative ideas to stakeholders, investors and members of the business community.
Included in the final 10 were Germany-based zero emissions company ONO, and home renewables business DC Power Company Limited from Australia.
“Improving urban mobility while facilitating faster delivery of goods is ONO’s aim,” said Veronica Louis, ONO’s Chief Communications Officer. “Our Pedal Assisted Transporter (PAT) improves access in crowded cities and boroughs while also reducing emissions, pollution and congestion.”
Emma Jenkins, Co-Founder and CFO at DC Power Company Limited, explained how the company places households with solar panels at the centre of today’s power transition.
The closing plenary of the 24th World Energy Congress celebrated the event’s achievements and successes as well as reflecting on the innovative ideas and bold solutions that were formulated over four impactful days.
Dr. Christoph Frei, Secretary General & Chief Executive Officer, World Energy Council, moderated the final plenary of the week that celebrated the achievements of the first World Energy Congress to be held in the Middle East.
Speaking in front of an assembled audience, Suhail Al Mazrouei, Minister of Energy and Industry, said the previous days were an important step towards helping to reshape the future of the energy industry.
Minister said: “It has been an excellent World Energy Congress and the overall result of the discussions between ministers of the governments have led to an excellent outcome. We have agreed that all of us are committed to reduce the emissions that we produce and make sure that we can all work together to help serve the whole industry well.”
Joining Al Mazrouei on stage was Alexander Novak, Minister of Energy, Russian Federation. As hosts of the next World Energy Congress in 2022, Novak said Russia will embrace the opportunity to build on Abu Dhabi’s success in hosting the energy industry’s flagship event in three years time.
Novak said: “I would like to invite all those present here to attend the Russian Energy Week as the perfect opportunity to follow up on the achievements of the World Energy Congress in Abu Dhabi.”
Dr Matar Al Neyadi, Undersecretary of the UAE Ministry of Energy and Industry and Chair of the 24th World Energy Congress, addressed the audience for the final time and outlined the importance of staging the 24th World Energy Congress in the region and the impact it will have on the Middle East and UAE for years to come.
The 24th World Energy Congress brought to an end to Younghoon David Kim’s role as the Chair of the World Energy Council.
Kim addressed the audience of business leaders and industry figures from around the world for the final time before thanking them for their support. He ended his speech by handing over his role to Jean-Marie Dauger, who will officially take over as the chair of the World Energy Council.
Dmitry Kozak, Deputy Prime Minister of the Russian Federation, flew into Abu Dhabi and personally invited the thousands of global experts to the next staging of the World Energy Congress in 2022.
Kozak said Abu Dhabi has set the benchmark for success, but Russia will strive to exceed expectations at the 25th World Energy Congress while building on the solid foundations that have been laid by the UAE capital over the last four days.
Minister of Energy and Industry of the UAE took the opportunity to express his gratitude he said: “We are very proud of what we have done in Abu Dhabi and we are going to work with Russia as one team through the World Energy Council to deliver a better and more inclusive World Energy Congress in 2022.” “We have seen great interaction between young and inspired entrepreneurs of all industrial companies this week. We have learnt a lot this week and we are promising that we will improve our policies and continue to upgrade to ensure the future is bright for all generations, not just here in the UAE but all around the world,” he concluded.
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