
Cyber Resilience in the Electricity Industry
The Challenge The Fourth Industrial Revolution brings with it a rapidly growing need for energy to sustain global digitalization and interconnectivity, including a proliferation of connec...
Enabling business, governments and society to grow sustainable economies, help to halt climate change, and create a more equitable world.
A transition of energy, materials, and infrastructure is needed in the next two decades to keep global temperature increases below 1.5 degrees while ensuring the energy future is affordable, secure and inclusive. New trends and technologies are changing energy production, delivery and consumption. In parallel, world demand for raw materials could double by 2060. Getting on track to net-zero emissions by 2050 will require annual investment in clean energy infrastructure to reach nearly $4 trillion by 2030.
All of this will require a radical restructuring of the economy. Our Platform works with 5 main industries
to nurture and consolidate leading industry actions, incubate industry-driven initiatives on platforms within and outside the Forum, implement industry focus of institutional activities (eg ESG), and catalyze the transformation of the energy, materials and infrastructure industries at large.
To enable the transition, our Platform currently focuses on the following four key issues:
Benchmarking and Country Dialogues: Accelerate transition of national energy systems and key industrial sectors through fact-based frameworks, dialogues and tools to benchmark progress of national energy systems and industrial transformation towards net zero emissions – promoting an inclusive understanding of priorities and challenges.
Initiatives:
Growth Markets: Mobilize efforts and investments to significantly contribute to the clean energy transition in countries and regions where the economy at large, energy demand and emissions are growing the most.
Initiatives:
Net-Zero Carbon Cities: Align and scale efforts across private and public sectors to help national and city level leaders meet their emission reduction targets by creating an efficient, electric and circular urban energy landscape.
Initiatives:
Transforming Industrial Ecosystems: Consolidate the strategies and multi-stakeholder coalitions that will deliver net-zero materials industrial ecosystems, unlock the frontier technologies and agile human capital management that will enable them, and design new approaches towards their future performance.
Initiatives:
Our Partners comprise the world's 1000 leading companies, developing solutions to the world's greatest challenges.
The Challenge The Fourth Industrial Revolution brings with it a rapidly growing need for energy to sustain global digitalization and interconnectivity, including a proliferation of connec...
Net Zero Carbon Cities’ mission is to create an enabling environment for clean electrification and circularity, resulting in urban decarbonization and resilience. The program aims to do t...
In order to avert a catastrophic climate disaster, global clean energy investments of approximately $4-5 trillion are required annually by 2030 – a more than threefold increase from exist...
The challengeShipping is central to the movement of goods around the world and a driver for global trade. Although it is considered one of the lowest emitting means of transportation, the...
Accelerating clean energy transitions is a global imperative for the world to address the climate emergency. The decarbonization of energy production and use will require trillions of dol...
Hydrogen is increasingly identified as a critical success factor for the transition to a net-zero world by 2050. However, clean hydrogen is currently not scaling fast enough to deliver on...
Countries representing approximately 70% of the global economy have committed to net-zero emissions in line with the Paris Agreement. To deliver on these ambitious commitments, ecosystems...
Due to global population growth and expansion of the middle class, it is expected that demand for chemicals and materials will quadruple by 2050. At the same time, achievement of the Pari...
Risk allocation and risk management are critical issues in the infrastructure delivery lifecycle. Imbalances in risk sharing in current contract structures pose a significant challenge to...
Manufacturing industries are on the verge of a data-driven revolution. They collaborate in hyperconnected value networks employing a large variety of data‑and‑analytics applications. Data...
With special thanks to Henrik Andersen, CEO of Vestas and Chair of the World Economic Forum's Electricity Industry community for leading this work in collaboration with CEOs from electric...
The Mission Possible Partnership is a coalition of public and private partners working on the industry transition to set heavy industry and mobility sectors on the pathway towards net-zer...
Event: Pathways to a Digital Resilient Oil & Gas industry on June 23rd 2021
With the engagement of 100 plus global organizations and 250 executives – the Circular Cars Initiative (CCI) launched at Davos 2020 – is rapidly accelerating the transformation of circula...
This briefing paper introduces the Building Value Framework, which aims to shift how the value of investments green buildings are perceived.
This whitepaper explores the potential of AI for the energy transition and establishes a set of principles to help the energy industry govern and scale AI technology in a rapid, safe and ...
This report discusses the key findings from the Energy Transition Index 2021. This 10th-anniversary report is the opportunity to reflect and ask the question of whether the energy transit...
The power of infrastructure to shape economies and societies is enormous. Infrastructure underpins commercial life, provides vital social services and supports human interaction around th...
This paper, from the World Economic Forum’s International Energy Community in China, presents an opportunity to reflect on some of the energy industry’s successful innovations since 2010.
Two new reports from the team behind the annual Global Risks Report identify the headline risks, challenges and, encouragingly, the opportunities the world is facing as a result of the CO...
The world’s energy transition has made slow and steady progress over the past five years, but the COVID-19 crisis risks derailing long-term progress. Will recovery and the shifting global...
Our new guidebook exploring major questions about how to bring the Fourth Industrial Revolution to infrastructure.
The energy industry is complex, and understanding the major trends changing the industry can be challenging. Investors, policy-makers, business people and other interested stakeholders re...
Many governments are finding it difficult to finance the growing demand for essential infrastructure through public funding alone. With the significant increase of debt in many countries ...
Cyber resilience is a challenge for all organisations, but, due to its vital role as a societal backbone, it is of particular importance for the electricity ecosystem. The power grid is ...
The Forum’s National Infrastructure Acceleration (NIA) project, using a model developed and tested across its various national workstreams, designed a standardized governance structure – ...
Despite significant achievements in sustainable energy innovation and market scaling of technologies such as solar, wind energy storage and others, the rate of change is not fast enough. ...
In 2016, the World Economic Forum examined three major trends transforming the energy system: decentralization, digitalization and electrification. Building on this work, in 2017 a genera...
Global investment in clean energy amounted to more than 333 billion dollars in 2017 and households, businesses and governments are increasingly seeking new energy solutions due to the rea...
As an integral part of the World Economic Forum System Initiative on Shaping the Future of Energy, the Global Future Council on Energy provides vision and thought leadership. Since 2016, ...
This report examines the major trends affecting the transformation of energy and mobility systems, with a special focus on cities. Topics addressed include: electrification, decentralizat...
"Recycling our Infrastructure for Future Generations" takes a closer look at an emerging approach to financing new infrastructure, which is known as “Asset Recycling”.
· The Global Energy Architecture Performance Index Report 2017 ranks 127 countries on their ability to deliver secure, affordable, sustainable energy
The electricity landscape is a prime example of the Fourth Industrial Revolution as it undergoes a transformation, becoming more complex than ever before with rapidly evolving technologie...
In the next two decades, three game-changing themes have significant potential to impact the energy system: advanced energy acceleration, mobility revolution and energy system fragmentation.
The report shows that current instruments are too complex, lack adequate standardization and are too costly for the private sector to use. The report identifies four key areas of action –...
The Global Energy Architecture Performance Index Report 2016 ranks 126 countries on their ability to deliver secure, affordable and sustainable energy.
The wind industry faces a perfect storm of vanishing subsidies, excessive development lead times, and soaring costs. But it can come out stronger from this
There is an historic opportunity for the energy transition if we reconcile supply security with decarbonization, more renewables and sector coupling tech.