Working together to ensure reliable, affordable and clean energy

Activities, Objectives and Membership

The Energy Business Council (EBC) convenes a few times each year in order to:

  • Discuss recent market developments and current challenges in energy markets;
  • Establish a forum for interactive discussions between ministers and industry leaders to debate what kind of long-term stable policy frameworks are necessary to stimulate investment in sustainable energy infrastructure; and
  • Provide inputs from businesses  on the IEA’s work, particularly the World Energy Outlook.

EBC meetings are held as:

  • Private events with the participation of industry executives and IEA senior management;
  • Joint sessions with the IEA Governing Board, the main decision-making body of the IEA, which brings together directors-general from ministries of the IEA’s 28 member countries;
  • Joint sessions between ministers from IEA member countries and IEA partner countries and industry’s chief executives as a formal part of IEA ministerial meetings; and
  • Virtual meetings (through web-phone conferences).

EBC companies’ operations are international and membership of the group evolves over time according to priority issues within the IEA work programme. Participation in the EBC is by invitation only. In order to foster a frank and constructive dialogue, all EBC meetings are conducted under the Chatham House Rule, which states that “participants are free to use the information received, but neither the identity nor the affiliation of the speaker(s), nor that of any other participant, may be revealed”.

The following list includes organisations that have attended at least one of the EBC meetings organised so far:

1. Acciona

28. Hanwha

55. Schlumberger

2. ABB

29. HSBC

56. Schneider Electric

3. Alstom

30. Iberdrola

57. Sharp

4. Anglo American

31. Independent Cement Producers

58. Siemens

5. Bank of America, Merrill Lynch

32. ING Bank

59. Solar Electric Light Fund

6. BASF

33. Institute for 21st Century Energy - US Chamber of Commerce

60. Suncor

7. Beijing Energy Club

34. International Aluminium Institute

61. Statoil

8. BMW

35. Lafarge

62. Tokyo Electric Power Co

9. Botas

36. Lotos Group

63. Toshiba

10. BP

37. Lukoil

64. Total

11. CEEP

38. Michelin

65. Toyota

12. Cloon Economics

39. Mitsubishi Corporation

66. TransCanada Corporation

13. Chevron

40. Nippon Steel

67. Vattenfall AB

14. EDF

41. Novozymes

68. Vestas

15. Edison

42. OMV

69. Volkswagen

16. Energias de Portugal

43. Peabody

70. Westinghouse Electric Company

17. Enel

44. Pemex

71. World Business Council for Sustainable Development

18. Eni

45. Petrobras

72. Socar

19. E.ON

46. Petronas

73. Delek Drilling

20. Essar Group

47. Posco

74. Allianz

21. Eskom

48. Reliance Industries

75. Oman Oil Company

22. Eurelectric

49. Royal Dutch Shell

76. CEZ Group

23. Fortum

50. Renault

77. GSE

24. Gazprom

51. Repsol

78. KKR

25. General Electric Energy

52. RWE 79. PKN Orlen
26. GDF SUEZ 53. RWE Innogy  80. Vallourec
27. Global CCS Institute 54. Sabic