System Initiatives Thin chevron Shaping the Future of Energy
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Shaping the Future of Energy

How can effective transition to a more sustainable, secure and affordable energy system be enabled? 

​Energy is the lifeline of modern economic and human activity, with most consumed for mobility, by industry and in households. Yet, about 1.3 billion people lack access to affordable modern energy, impeding development. While energy enables economic development, it contributes to two-thirds of global greenhouse gas emissions and is, therefore, a critical area in tackling climate change. Once characterized by slow and steady change, the energy system is experiencing significant transformation, driven by a blend of innovation, major policy changes and changing consumer demands.

The World Economic Forum’s System Initiative on Shaping the Future of Energy aims to:

  1. Enable energy system innovation to maximize Fourth Industrial Revolution opportunities and accelerate transition towards smarter and more efficient use of energy

  2. Enable an accelerated and cost effective reduction of energy’s environmental footprint to significantly contribute to meeting COP21 and SDG targets

  3. Contribute to enabling universal access to affordable, reliable and modern energy services for all

  4. Deliver global benchmarking and support effective energy system transition and future preparedness for companies and governments

  5. Improve energy system resilience and security for countries, regions and consumers

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