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Introduction
The British Institute of Energy Economics in association with KPMG hosted the first public presentation of the IEA’s Special Report on Energy and Climate Change, following the report’s global release on June 15th. After theIEA’s presentation, Simon Virley CB partner, Energy and Natural Resources at KPMG, commented on the implications for the UK energy sector.
About the IEA Report
In advance of the crucial COP21 climate meeting in Paris in December, this report responds to the key needs of decision-makers by setting out the energy sector implications of known national climate pledges, putting forward a clear, pragmatic strategy to advance climate goals through the energy sector without blunting economic growth, and identifying specific energy sector needs from a COP21 agreement in order to support the successful transition to a low-carbon energy system.
The report:
- Presents a detailed first assessment of the energy sector impact of known and signalled national climate pledges for COP21
- Proposes a bridging strategy to deliver a near-term peak in global greenhouse-gas emissions, based on five pragmatic measures that can advance climate goals through the energy sector without blunting economic growth
- Highlights the urgent need to accelerate the development of emerging technologies that are, ultimately, essential to transforming the global energy system into one that is consistent with the world’s climate goals
- Recommends four key pillars on which COP21 can build success, from an energy sector perspective
To download a copy of the report click here
Speakers
Dan Dorner, Senior Analyst, International Energy Agency (IEA), Paris
Dan Dorner is a lead author of the IEA’s flagship World Energy Outlook publication and several of its special reports, including the forthcoming report on energy and climate change, and other titles including Africa Energy Outlook, Redrawing the Energy-Climate Map, Iraq Energy Outlook and Are We Entering a Golden Age of Gas? He also leads the IEA’s work on energy access for the poor and its engagement with the UN Sustainable Energy for All initiative. Prior to joining the IEA, he was a senior economic advisor at the Treasury in the United Kingdom where, most recently, he led a team of analysts working on global commodity markets and the economies of the Middle East, North Africa and the former Soviet Union.
Simon Virley CB, Partner and UK Chair, Energy and Natural Resources, KPMG
Prior to joining KPMG, Simon was Director General of Energy Markets and Infrastructure at the Department of Energy & Climate Change between 2009-15. In this role he advised Government on a wide range of energy policy issues, including oil, gas, shale, nuclear, renewables, Carbon Capture and Storage and energy security. Simon was awarded a CB in the 2014 Queen’s Birthday Honours for his work on UK energy supply and energy security issues. He is an economist by training, and spent his early career at HM Treasury, No10 Downing Street (where he was Private Secretary to Prime Minister Tony Blair) and the Cabinet Office, before an earlier spell at KPMG on secondment to their Corporate Finance team. He now advises clients on strategy and deals in the UK energy market and abroad.
Agenda
15.00 Registration and Coffee
15.30 IEA presentation
16.15 KPMG Comment
16.25 Q & A
17.00 Refreshments
Venue
The meeting will take place in Presentation Suite C on 13th Floor of KPMG’s Canada Square offices. The registration desk is located in the reception area on the ground floor and registration will start at 15.00. Please arrive in good time as it takes at least 5 minutes to reach the 13th floor once you have registered. Tea/coffee will be available on arrival. The meeting will run from 15.30 to 17.00 and will be followed by a drinks reception. Please click here for directions to KPMG’s Canada Square Office.
Resources
Post your comments and questions for the speakers here