World Energy Assembly 2017

World Energy Leaders' Summit

The Grand Transition and Future of Energy Business

This event is by invitation only – for more information, contact


The World Energy Leaders’ Summit is a high-level exclusive event, co-hosted by the Government of Portugal and the World Energy Council, for the global energy leaders’ community to facilitate an on-going dialogue on critical issues affecting the energy sector. Participation to the World Energy Leaders’ Summit is by invitation only to Ministers, the Council’s Patron and Global Partner CEOs, officials and selected high-level guests.

The agenda will build upon insights gained from the World Energy Council’s on-going studies, including the World Energy Scenarios and the World Energy Trilemma. Disruptive trends are emerging that will create a fundamentally new world for the energy sector, characterised by lower population growth, radical new technologies, greater environmental challenges, and a shift in economic and geopolitical power. The Council calls this uncertain journey into the new world of energy – The Grand Transition.

World Energy Leaders’ Summits, build on the Council’s unique ability to convene this powerful energy leaders’ community, and provide an important milestone to address issues and challenges in a targeted regional context, most recently in Mexico City in September 2017, at the 23rd World Energy Congress in Istanbul, Turkey, in October 2016 and in Addis Ababa, Ethiopia, in October 2015.

Contact: Global Agenda Team, World Energy Council at


Wednesday, 18th October
19.30 – 22.00
Room: TBC
Welcoming Dinner with Special Address                                                                            


Thursday, 19th October
08:30 - 09:00 Registration
09.00 - 09.15
Morus I to IV
Opening remarks

09:15 - 10:45

Morus I to IV

New Dynamics of Natural Gas and LNG Markets

Natural gas markets are set to undergo a significant transition over the next decade with
new supply sources and technologies coming on stream.
What will the impact of these new dynamics be on existing player and where will the new
opportunities emerge? How can infrastructure operators manage lower asset values in
regions exposed to a decrease in demand? What is next for Asian LNG markets? What is
the impact of increased competition in Asian markets and the new supply sources on
This session will share perspectives on future of natural gas and LNG markets and explore
solutions to manage the relevant risks. It will also highlight the changing role of gas in the
wider energy system.
10:45 - 11:15 Networking Break

11:15 - 12:30

Morus I to IV

Blockchain: What is it and what is the potential for the energy sector?

A new word is being talked about in boardrooms and ministries around the world, but do
we really understand the potential of this disruptive technology? Beyond the digitalisation
of the energy sector, the introduction of blockchain technologies has the potential to
transform energy systems.
What are blockchain’s opportunities and risks in the energy sector? What are the latest
updates on pilots, use cases and scalability? What are the regulatory obstacles associated
with the implementation of blockchain applications and what are the issues to be
addressed? How will blockchain impact company and state value chain infrastructure
related to the energy sector?
This session will increase high-level recognition of the blockchain in the energy sector and
identify potential solutions to address the issues.
12.30 – 14.00
Room: TBC
Lunch and Special Address
14.00 – 15.15
Morus IV

Digitalisation and the Energy Sector

The energy system is at the beginning of a digital transformation. New technologies and
systems are set to revolutionise the way we produce and consume energy. These new
technologies will lead to unprecedented levels of efficiency and require new ways of
What is the potential for digitalisation to improve energy productivity and to create new
energy business models? What are political, regulatory, market and technological
barriers? What are the challenges associated with digitalisation, including cyber risk?
This session will increase high-level recognition of the digitalisation of the energy sector
and identify potential government-industry initiatives to address the issues.
15.15 – 15.45 Networking Break
15.45 – 17.00
Morus IV
Decentralised Systems and Regional Interconnection: How to improve a
country’s Energy Trilemma balance
The way we produce and consume energy is changing and the way we distribute and
balance energy is changing too. Maintaining robust infrastructure while designing the
resilient system of tomorrow requires new thinking to address the risks and to capitalise on
the opportunities.
What are the success stories of decentralised systems and regional interconnection? What
are the barriers preventing the developments of decentralised systems and deployment of
regional interconnection, and how can these barriers be overcome? What benefits can
these approaches have on a countries’ energy system?
This session will share the lessons learned from the success stories on balancing Energy
Trilemma through the decentralised systems and regional interconnection. The session will
identify solutions to address challenging issues.
17.00 – 17.30 Networking Break
17.30 - 18.30
Morus I to IV
Closing Plenary
Special Address by Marcelo Rebelo de Sousa, President of Portugal


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