Key recommendations for a clean and secure energy future

Governments should develop a vision for a sustainable energy future that addresses multiple energy policy challenges and tracks progress towards stated objectives.

energy futureThe following are key recommendations for ministers to set the stage for a clean and secure energy future.

1. Develop a vision

Governments should develop a vision for a sustainable energy future that addresses multiple energy policy challenges and tracks progress towards stated objectives. Defining pathways and ensuring progress towards a long-term energy transformation that satisfies energy security, climate change and air quality objectives will be critical for the energy sector to respond optimally to multiple challenges and attain policy goals.

2. International collaboration

International collaboration needs to be enhanced to achieve global objectives. Joint innovation programmes create market opportunities that benefit both manufactures and users of technologies while contributing to the most cost-effective transition of global energy systems. Collaboration with local stakeholders to build capacity and share best practices can support local action adapted to local circumstances.

3. Support innovation

Policy support for technology should be accelerated at all stages of the innovation cycle. Public support should be measurable and target all phases of innovation (including research, development, demonstration and deployment) to facilitate both incremental and radical innovation, as well as deployment measures for specific technologies. Initiatives such as the IEA Technology Collaboration Programmes, the Clean Energy Ministerial and Mission Innovation are key platforms to co-ordinate and accelerate global efforts.

4. Market design

Policy, finance and market mechanisms must be adapted to support new business models enabled by the changing technology landscape. Market designs and regulations should leverage the opportunity brought by increased access to energy information to enable new energy transaction models. More efficient institutional dialogue and co-ordination should be established between national, regional and local governments as well as with other energy stakeholders to accelerate the energy sector transformation and to discover novel solutions.

5. Understand digitalization

Policy makers should develop a better understanding of opportunities and challenges that arise from increasing digitalization in the energy sector. Digitalization and the energy sector are increasingly converging, bringing new prospects as well as risks. Better data and more rigorous analysis are needed to ensure that digitalization and the changing energy landscape work together in the most sensible and cost-effective manner.