WEC Sees Energy Price Volatility And Recession As Top Issues For Energy Leaders

April 2014, Vol. 241 No. 4

High energy price volatility has for the first time replaced global climate framework as the top critical uncertainty driving the world energy agenda, says the 2014 World Energy Issues Monitor, released by the World Energy Council (WEC).

Global climate framework uncertainty, while still a key issue, is now perceived by energy leaders to have less impact than in the previous three years of the study. Meanwhile, carbon capture, utilization and storage (CCUS) is still viewed as a technology with only a limited impact on the energy sector, continuing the clear trend over the past three years.