18.03.2010
10:00 - 11:30
Launch of World Bank report on Energy in Eastern Europe and Central Asia
World Bank (Brussels Office)
Rue Montoyer 10
1000 Brussels
Phone: +32 (0)2 552 00 32
Fax: +32 (0)2 552 00 25
Email: infobrussels@worldbank.org
Link to the organizer
10:00 - 11:30
Launch of World Bank report on Energy in Eastern Europe and Central Asia
World Bank (Brussels Office)
Rue Montoyer 10
1000 Brussels
Phone: +32 (0)2 552 00 32
Fax: +32 (0)2 552 00 25
Email: infobrussels@worldbank.org
Link to the organizer
Discussion / Debate / Lecture
Type of Event
Energy
Policy Field of Event
Registration required
Limitation
Contact
Residence Palace, Maelbeek room
Rue de la Loi 155
1040 Brussels
Rue de la Loi 155
1040 Brussels
Location of event
World Bank, is pleased to invite you to a Policy Dialogue on Lights out? The energy outlook in Eastern Europe & Central Asia, on Thursday, 18 March.
The former Soviet Union region is a major energy supplier to both Eastern and Western Europe, but the outlook is bleak, despite the underlying resources, leaving the area as a whole facing an energy crunch, unless significant investments are made. Although the financial crisis has slowed demand, it is estimated that the demand for primary energy in Europe and Central Asia will increase by 50 per cent by 2030, while the demand for electricity is expected to increase by 90 per cent. This difficult scenario is compounded by deteriorating energy infrastructure, including power generation and district heating. While the public sector will have to finance a portion of the required investments, it will not have the capacity to meet the full needs. Overlaying all of this are environmental considerations, in particular, concerns about climate change.
This Policy Dialogue will present the key findings of a new World Bank report on the issue and a discussion on policy responses to the energy challenge, which will need to emphasise demand-side management, the use of energy efficiency measures, and incentives to encourage countries to avoid environmentally unfriendly solutions. Speakers include Peter Thomson, Director for Sustainable Development in the World Bank’s Europe and Central Asia region, and Brendan Devlin, Policy Co-ordinator, Energy Policy, Security of Supply & Networks, Directorate General for Energy in the European Commission.
The former Soviet Union region is a major energy supplier to both Eastern and Western Europe, but the outlook is bleak, despite the underlying resources, leaving the area as a whole facing an energy crunch, unless significant investments are made. Although the financial crisis has slowed demand, it is estimated that the demand for primary energy in Europe and Central Asia will increase by 50 per cent by 2030, while the demand for electricity is expected to increase by 90 per cent. This difficult scenario is compounded by deteriorating energy infrastructure, including power generation and district heating. While the public sector will have to finance a portion of the required investments, it will not have the capacity to meet the full needs. Overlaying all of this are environmental considerations, in particular, concerns about climate change.
This Policy Dialogue will present the key findings of a new World Bank report on the issue and a discussion on policy responses to the energy challenge, which will need to emphasise demand-side management, the use of energy efficiency measures, and incentives to encourage countries to avoid environmentally unfriendly solutions. Speakers include Peter Thomson, Director for Sustainable Development in the World Bank’s Europe and Central Asia region, and Brendan Devlin, Policy Co-ordinator, Energy Policy, Security of Supply & Networks, Directorate General for Energy in the European Commission.
Infos
Peter Thomson, Director for Sustainable Development in the World Bank’s Europe and Central Asia region, and Brendan Devlin, Policy Co-ordinator, Energy Policy, Security of Supply & Networks, Directorate General for Energy in the European Commission.
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