Energetica India 89 - May 2020

Dr. Angela Wilkinson Secretary General & CEO, World Energy Council “There is a need to engage new unconventional players including energy transition leaders from non-energy sectors, digital demand aggregators and those impacted by transition. Energy transition cannot be pushed against society. It is being pulled by new energy societies.” E nergetica I ndia : Today, the energy in- dustry is advocating sustainability at an accelerated pace. In your opinion, how has the industry progressed in encouraging and implementing sus- tainability as a way of functioning? A ngela W ilkinson : Since the World Ener- gy Council was founded in 1923 there has been considerable evolution in the energy sector and in society’s energy use. Following the First World War, the Council formed in response to the chal- lenge of “Energy for Peace” and to help nations share expertise on harnessing the increasing diversity of resources and developing nuclear and thermal power. After the Second World War, the empha- sis shifted to “Energy for Growth”, when the increasing global diversity of supply and resources enabled the liberalization of energy markets, especially following the Oil Shock of 1973. In the latter period of this era, the context of global energy transition was shaped by the interaction of four key global drivers of changes: diversification, digitization, decentraliza - tion and decarbonization. Today the ways in which energy is used, traded, supplied and produced are shifting fast and fundamentally. There is greater diversity in the global energy mix – heat, power and liquid fuel pathways; renewable, hydro, fossil and nuclear en- ergy resources and technologies. Energy transition has entered a new era that I refer to as “Energy for Humanity.” it is not a game to be won, but the pivot for the future of everyone, everywhere. E nergetica I ndia : What are the present trends that are been observed in the Energetica India speaks to Dr. Angela Wilkinson, Secretary General & CEO, World Energy Coun- cil to learn more about global energy transition and changing green business landscape. 20 energetica INDIA- May_2020 INTERVIEW