This report by World Economic Forum (WEF) describes the necessity of change in energy architecture. The world’s energy architecture – defined as the integrated physical system of energy sources, carriers and demand sectors shaped by business, government and civil society – is in a state of transition. During a private session at the World Economic Forum Annual Meeting 2011 in Davos-Klosters, Switzerland, 90% of participants, consisting of executives of the world’s largest energy companies, policy-makers and thought leaders from across the energy value chain, expressed a belief that significant change is underway in energy architectures around the world. Almost one-third said they believe the world has reached an inflection point that marks a radical shift in the way in which we source, transform and consume energy.
This information was submitted by Jeremy Laundergan, Director, Utility Services Consulting, EnerNex, email@example.com on 04/27/2012.