EBC and Joint Session GB meeting - 15-16 March 2017

EBC meeting

‌Under the Chairmanship of Dr. Fatih Birol, IEA Executive Director, more than 30 senior executives representing global companies and leaders in key sectors across the entire energy system met in Paris on 15 and 16 March for the meeting of the IEA Energy Business Council (EBC).

On 15 March, the meeting was opened by introductory remarks of the Chair of IEA Governing Board, Mr Edmund Hosker, and saw the participation of invited industry executives and the IEA Executive Leadership to discuss on several important issues, including:

  • Scaling up IEA-Industry Ties
    • Special Remarks from Dr. Fatih Birol, IEA Executive Director

  • Updates on Global Energy Markets: Oil Markets Today and Tomorrow
  • IEA’s Report on Energy and Digitalisation

The EBC convened again the following morning as a joint session with the IEA Governing Board, the main decision-making body of the IEA, composed by senior government representatives from each member country.  The meeting included open discussion around two crucial topics: 

Participants praised the event for the several pertinent points raised and for the frank and constructive discussion. Dr Birol reiterated that "The volatile, complex, and interconnected nature of today’s energy system poses unique challenges for the future of a sustainable energy system. The value of cross-industry collaboration cannot be understated, especially during these complex times, as it provides practical expertise and know-how in shaping our policies for IEA and non-IEA governments".

The meeting also provided the opportunity to discuss how IEA and the private sector can build an even stronger relationship.
Companies that participated in the EBC meeting included CEZ Group, Chevron, Danfoss, EDF, Enagas, Enel, Engie, Eni, ExxonMobil, Fortum, GE Power Conversion, Glencore, Hess Corporation, Hitachi, Iberdrola, Michelin, Microsoft, Mitsubishi, Morgan Stanley, PGNig, Repsol, Schneider Electric, Shell, Siemens, SK Group, Statoil, Toshiba, Total, Uniper, and Vattenfall.

Note: EBC meetings are held under Chatham House Rules. Participation was by invitation only.