On 28-30th January 2020 the international investment event “Energy Week Georgia 2020” will take place in Tbilisi.

recent reports from the Intergovernmental Panel on Climate Change (IPCC), the International Energy Agency (IEA), and the World Energy Council have all highlighted nuclear power's role in the energy transition;

A new report by researchers at the Massachusetts Institute of Technology examined various scenarios for the decarbonization of the nation’s electricity sector. The MIT researcher’s simulations showed that availability of nuclear powered generation would help reduce the needed carbon price by up to 67 percent (to less than $40 per ton) in meeting a 90-percent reduction target (below 2005 levels) by 2050.

Renewable energy sources alone are not capable of fully decarbonising the economy, but they can complement nuclear energy in achieving this goal. The nuclear industry, led by World Nuclear Association, has set the Harmony goal for nuclear energy to provide 25% of global electricity by 2050. This will require trebling nuclear generation from its present level.

To limit global temperature rise to the necessary 1.5 degrees by the end of this century, we must reduce emissions by 45 per cent from 2010 levels by 2030, and we must achieve climate neutrality by 2050.

Nuclear power provides about 10% of the world’s electricity and contributes one third of all low-carbon electricity.

Dr. Sultan Al Jaber, UAE Minister of State and ADNOC Group CEO, highlighted during his speech at the meeting that the vision of the UAE leadership established a long-term forward-looking vision for the future of energy and oil aiming to enhance the leading and advanced standing of the UAE in the sector. He shed light on the qualitative leap achieved by ADNOC for institutional development and modernization by the adoption of innovation and technology aims to continue to contribute to the achievement of the leadership vision by diversifying sources of income and investment in national talent and business sustainability and shaping the future.

Al Mazrouei led a UAE economic delegation comprised of government and private sectors' officials in a two-day visit to Sudan where they explored paths of cementing bilateral relations in areas of trade, investment, energy, mining, electricity, infrastructure and agriculture.

The essential role of natural gas in the attainment of UN Sustainable Development Goals, in particular Goal 7, as an environmentally friendly, affordable, reliable, accessible and flexible natural resource for ensuring economic development and social progress

“Since coal is still a major resource, we will continue to rely on coal when we need it - and right now for instance, the economy is slowing and renewables are still relatively weak,” said Lin Boqiang, dean of the China Institute for Energy Policy Studies.

“We don’t have a moment to waste any more on fighting climate change,” von der Leyen told the assembly shortly before the vote in a speech delivered in English, French and German. “It will need massive investment.”

Japan, the world’s fifth-biggest carbon emitter, has set a goal to trim emissions by 26% from 2013 levels to 1.042 billion tonnes by 2030. The latest figure represents a reduction of 11.8% from 2013 levels, data showed.

Even if countries meet commitments made under the 2015 Paris Agreement, the world is heading for a 3.2 degrees Celsius global temperature rise over pre-industrial levels, leading to even wider-ranging and more destructive climate impacts, warns a report from the UN Environment Programme,

Levels of heat-trapping greenhouse gases in the atmosphere have reached another new record high, according to the World Meteorological Organization. This continuing long-term trend means that future generations will be confronted with increasingly severe impacts of climate change, including rising temperatures, more extreme weather, water stress, sea level rise and disruption to marine and land ecosystems.

Enel’s 2020-2022 Plan is also based on the inherent sustainable business model that we have built, while working along the two global trends that are shaping the energy sector: decarbonisation and electrification. The digital transformation of our large network business and the platformisation of all our customer-related activities are key enablers of this plan, boosting efficiencies and introducing additional services.