Energy for tomorrow's world: acting now

Energy for tomorrow's world: acting now

Goals and strategies for energy providers

This 175-page book updates and revises the scenarios and conclusions in WEC's 1993 publication of the same name. It provides energy-related statistics, charts, graphs, trend data, analysis, and discussion reflecting on global developments affecting the energy industry.

A central focus of the book is the presentation of three key energy goals to accomplish by 2020:

  • Energy accessibility: Defined as the provision of reliable and affordable modern energy services for which a payment is made.
  • Energy availability: Defined as the quality, reliability, and continuity of energy supply
  • Energy acceptability: Defined as producing and using energy resources in a manner that gains public acceptance and preserves the environment

Strategies for achieving these goals include ten policy actions that energy companies, policy-makers, governments, and energy-related institutions can undertake now. These are:

  • reap the benefits of market reform and appropriate regulation
  • keep all energy options open
  • reduce the political risk of key energy project investments
  • price energy to cover costs and ensure payment
  • promote greater energy efficiency
  • foster financing partnerships linked to environmental goals
  • ensure affordable energy for the poor
  • fund research, development and deployment
  • advance education and public information
  • make ethics a strong component of energy system governance