RIYADH: Preparations are nearing completion forward of the 44th Convention of the Worldwide Affiliation for Vitality Economics, which might be held in Riyadh on the King Abdullah Middle for Petroleum Research and Analysis from February Four-9.
Held within the Center East and North Africa for the primary time below the theme “Pathways to a clear, secure and sustainable vitality future”, the convention will convey collectively politicians, lecturers, enterprise leaders and NGO officers, offering a “platform to current, talk about and talk about vital challenges and options surrounding the event of the vitality trilemma,” stated KAPSARC.
“The necessity for such a dialogue is essential in gentle of rising vitality prices and mounting pressures to shift from reliance on fossil fuels to scrub, renewable options. Folks, companies, industries, and nations require a long-term steadiness between vitality reliability, affordability, and sustainability,” he added.
The foundations for profitable post-conference outcomes have already been laid with Egypt’s latest internet hosting of the UN Local weather Change Convention (COP27) final month, KAPSARC stated.
The occasion additionally has the potential to cement the broader area’s local weather change management credentials forward of COP28 within the United Arab Emirates in 2023.
Fahad Alajlan, Chairman of KAPSARC, stated: “As accelerating the vitality transition turns into more and more crucial to attain web zero and definitively overcome the evolving local weather disaster in the end, the worldwide group has a singular alternative to work collectively to appreciate mutual aspirations.
“The 44th IAEE Convention represents one other key chapter in facilitating dialogue and the sharing of information and innovation on the native, regional and worldwide ranges and we’re proud to host an occasion of such profile and affect.”
From vitality entry, safety and transition to technological developments, partnership frameworks and pathways for change, the occasion’s open discussion board format will permit members and the broader scientific group to establish alternatives that “unlock new values in an evolving vitality panorama, in addition to talk about analysis advances that assist fight local weather change and form the sustainable and holistic vitality insurance policies of tomorrow”.
Dr. Majid Al-Moneef, President of the Saudi Affiliation for Vitality Economics, stated: “This well timed convention will deal with vitality and environmental points going through the area and the world,” including: “Saudi Arabia has been a energetic actor within the international world. vitality and local weather change boards, launching the inexperienced initiatives of Saudi Arabia and the Center East”.
The occasion program will cowl a wide range of viewpoints in 11 plenary classes and three workshops, starting with a keynote deal with by Saudi Arabia’s Minister of Vitality, Prince Abdulaziz bin Salman, who can also be Chairman of the KAPSARC Board of Trustees.
Keynote audio system and famend panelists collaborating within the convention embrace Daniel Yergin, Vice President of S&P World, Jason Bordoff of Columbia College, Javier Blas of Bloomberg, Jeffrey Currie of Goldman Sachs, Roberta Gatti of the World Financial institution, in addition to Ahmed Al-Khowaiter and Ashraf Al-Ghazzawi of Saudi Aramco.
Different confirmed audio system and panelists embrace Arunabha Ghosh, Council for Vitality, Atmosphere and Water; Hoesung Lee, Intergovernmental Panel on Local weather Change; Rola Dashti, United Nations Financial and Social Fee for Western Asia; Bassam Fattouh, Oxford Institute for Vitality Research; Amrita Sen, Co-Founder and Analysis Director of Vitality Features, and Kenneth Medlock III, Professor at Rice College within the US.
Displays will draw on unbiased analysis and educational findings, offering the muse for data-driven discussions, KAPSARC stated.
The IAEE 44th Convention Program Committee has accepted greater than 300 papers by authors from 42 international locations for presentation in concurrent panel and every day poster classes.
The most well-liked matters introduced included vitality and surroundings, renewable vitality, economics, vitality modeling, and electrical energy.
“Saudi Arabia is an vitality big right now and is already wanting right into a future fabricated from renewable vitality and inexperienced hydrogen,” stated Jean-Michel Glachant, IAEE President for 2023.
“Our annual IAEE convention in Riyadh is a superb alternative to fulfill the Saudis and uncover the Center East. Lacking that’s lacking the purpose,” he added.
The convention will even function a wide range of social and cultural actions, permitting members to expertise Saudi tradition. There might be visits to the historic space of Diriyah, house to one of many Kingdom’s UNESCO World Heritage Websites.
“This is a crucial milestone for the IAEE as a result of the Center East performs a vital function in international vitality markets, and we consider it is crucial that we’ve a presence in that area,” stated Peter Hartley, IAEE 2022 chair and Rice professor of economics. . College.