H.E. Suhail Mohamed Al Mazrouei, Minister of Energy and Infrastructure of the United Arab Emirates shared his views on the current state of energy markets at the Global Energy Risk Forum Virtual Series that the International Energy Forum (IEF) and the Global Association of Risk Professionals (GARP) convened on 15 September 2020.
Dialogue at the virtual IEF-GARP Global Energy Risk Forum, the second in a four-part series, focused on transformative trends in energy supply and demand and how recovery and stimulus measures to overcome the impact of the COVID-19 pandemic on the world economy will affect energy sector development. In the run-up to the inaugural IEF-GARP Global Energy Risk Forum on Sustainability in an Evolving Risk Environment that is currently scheduled to take place on 26 May 2021 in Vienna, Austria, forthcoming virtual IEF-GARP Global Energy Risk Forum sessions will focus on:
- Socially Responsible Business Practices & ESG Implementation
- Emerging Threats to Energy Security
The Secretary General of the IEF, Joe McMonigle and Richard Apostolik, President and CEO of GARP, provided opening remarks and welcomed H.E. Suhail Mohamed Al Mazrouei and invited guests. Novera Khan, Chief Risk Officer, Uniper, set the scene and moderated panellists contributions from Sopna Sury, Director, Strategy and Regulatory Affairs, RWE Renewables, Nobuo Tanaka, Special Advisor, Sasakawa Peace Foundation and Peter Tertzakian, Deputy Director, ARC Energy Research Institute and Managing Director, ARC Financial Corp. Discussions touched on several topics including:
- Evolving investment and policy trends
- What technologies support energy futures?
- Is 100% renewables possible?
The Chairman of the IEF-GARP Global Energy Risk Forum Steering Committee, Vincent Kaminski, Professor of Practice of Energy Management at Rice University delivered concluding remarks and high-lighted the importance of ongoing dialogue on the IEF platform in collaboration with partner organisations. The third virtual IEF-GARP Global Energy Risk Forum on Transformative Trends in Energy Supply and Demand is scheduled to take place in November 2020.