TÜSİAD and International Energy Agency (IEA) made the Turkey presentation of “World Energy Outlook 2011” report prepared by IEA

 

The report is presented in OECD-member countries. The presentation of the report was made by TÜSİAD and International Energy Agency, with a meeting held at Sabancı Center on December 1, 2011. 

 

The opening speeches of the meeting were made by Taner Yıldız, Minister of Energy and Natural Resources and Ümit Boyner, Chairwoman of Board of Directors of TÜSİAD, and the main headings of "World Energy Outlook 2011" report was presented by Dr. Fatih Birol, the Chief Economist of International Energy Agency. 

 

In her speech, Ümit Boyner, Chairwoman of Board of Directors of TÜSİAD, mentioned that the obligations to provide security of supply of energy and to struggle with global climate change require all the countries to make "extremely sensitive" choices. Mrs. Boyner mentioned that the projections of International Energy Agency envisage that the world's energy consumption will increase by more than 60% in the next 25 years, and reminded that the same international projections point out that the increase in the energy consumption of Turkey will be above world average with its developing economy. Mrs. Boyner stated that it is necessary to supply high quality energy with suitable prices and to use such energy efficiently in order to increase the competitiveness of the sectors, especially of the industry, to achieve less 'carbon-intensive' growth of economy within the frame of 'sustainability', and to show maximum attention towards the protection of environment. 

 

At the meeting, a panel titled "Liberalization of Energy Markets" was organized. The panel was moderated by Ali Kibar, Member of TÜSİAD Board of Directors and Chairman of Industry, Services and Agriculture Commission. The speakers at the panel were Selahattin Hakman, Chairman of TÜSİAD Energy Working Group; Nusret Cömert, Chairman of Board of Directors of Shell Energy Inc.; Batu Aksoy, CEO and Member of Board of Directors of Turcas Petroleum Inc., and Sefa Sadık Aytekin, Deputy Undersecretary of Ministry of Energy and Natural Resources of Turkey. 

 

About World Energy Outlook 2011 Report prepared by International Energy Agency

The 2011 Edition of “World Energy Outlook”, which is published by International Energy Agency (IEA), contains the latest energy supply and demand projections according to different scenarios, countries, sectors and fuel types. 

The report also contains the following headings related with energy sector:

 

• Energy future of Russia and its consequences with respect to global markets

• The role of coal in supporting economic growth in a world with restricted emissions

• The consequences of a possible delay in the petroleum and natural gas sector investments in Middle East and Africa

• The objective of keeping global warming below 2°C rendered more difficult and more expensive by the dependency on the infrastructure based on high carbon

• The dimensions of the subsidies for fossil fuel and the supports given to renewable energy, and the effects of these supports on energy, economy and environment trends 

• "Low Nuclear Energy Scenario", examining the global effects on the energy sector of a rapid decrease in the use of nuclear energy   

• Type and scale of the investment required for providing the modern energy needed by billions of poor people on earth

 

About TÜSİAD Energy Working Group

The Energy Working Group, which operates within the structure of TÜSİAD Industry, Services and Agriculture Commission, carries out studies in order to gather accurate and reliable information concerning Turkey's energy requirement and energy sources, to monitor the global developments in this field, and depending on the information gathered, to determine the short, medium and long term energy policies and strategies that Turkey should develop and implement.