World Energy Council speaks on Africa Energy Indaba

Christoph Frei, the secretary general of the World Energy Council, commented ahead of the Africa Energy Indaba, which will take place from 17 to 18 February at the Sandton Convention Centre. He said, “Africa is at the centre of a new energy opportunity. The key challenge for Africa is to ensure that this new energy opportunity is unleashing the local value chain. This is the crucial issue that we will be addressing with ministers and business leaders at the Indaba.”

The seventh annual report of the World Energy Issues Monitor, entitled Energy price volatility: The new normal, gathered the views of more than 1 000 energy leaders, including ministers and chief executives from nearly 80 countries.

The report will be presented and debated in detail during the upcoming Africa Energy Indaba, with the chair of the World Energy Council, Marie-José Nadeau, as well as a number of other global energy personalities, attending the event.

The report will highlight the uncertain impact of volatile energy and commodity prices. The top critical uncertainties this year include high energy price, energy subsidies and capital markets.

“The importance of choosing smart policy options and innovation strategies has become greater than ever, and balancing the energy trilemma must be at the very centre of efforts of energy leaders,” said Frei.

Details: www.africaenergyindaba.com