IEA Side Event: Energy Technology Perspectives 2017 – Catalysing Energy Technology Transformations

Posted by ICEF Secretariat October 30, 2017

Time and Date: 12:50-13:20, Thursday, 5 October, 2017
Venue: Neptune, 4th Floor, Plaza, Hotel Chinzanso Tokyo

October 5, during ICEF 2017 annual meeting, informative side event was hosted by the International Energy Agency (IEA).

Mr. David Turk, the Acting Director of the IEA’s Directorate of Sustainability, Technology and Outlooks, presented IEA’s flagship publication devoted to energy technologies entitled “The Energy Technology Perspectives 2017”. This year’s edition focused on the increasing impacts of technological innovation for the energy sector, analyzing the potential of an accelerated and scaled-up deployment of clean energy technologies to shape energy security and environmental sustainability. In this regard, efficiency technologies for the building sector have huge potential by providing the same level of comfort while reducing energy demand despite doubling floor space.

Enhanced buildings efficiency could also improve system flexibility

Figure 1: Energy use in the building sector under different scenarios
Source: David Turk, “Energy Technology Perspectives 2017-Catalysing Energy Technology Transformations”, October 2017

RTS: Reference Technology Scenario,
2DS: 2 degrees Scenario,
B2DS: Beyond 2 degrees Scenario

The presentation also previewed the upcoming report on digitalization and energy, which is to be released in November 2017. This new report will take a comprehensive look at critical interactions between digital technologies and the energy sector, as well as highlight policy considerations.

In response to a question from the floor, Mr. Turk explained the definition of the “well below 2 degree” scenario in their analytical work. There were comments on the cost of the scenario described in the report and on the feasibility study for huge amounts of CCS. He explained that IEA used cost optimization model and pointed out that there were challenges for carrying out CCS. The potential impact of digitalization to the energy sector was briefly discussed.

Figure 2: Side event at the ICEF 2017 annual meeting

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