The latest Al-Attiyah Foundation Research Explores how Gas, Coal and Nuclear Power compete for Global Electricity Generation
04 February, 2019
For large-scale dispatchable electricity generation, coal and nuclear are the main global contenders with gas (due to constraints on hydropower). So, which energy source will triumph? asked the Al-Attiyah Foundation in their latest energy research report.
Each of these energy sources has strengths and weaknesses regarding costs, safety, public acceptability, greenhouse gas emissions and other important criteria. With standard forecasts to 2040 suggesting the stagnation or decline of coal, and only slow expansion of nuclear, gas appears well-placed to come out ahead. But this picture varies significantly by geography. In addition, technological advances could bring coal and/or nuclear forward.
The typical predictions for the global power sector see gas growing strongly, nuclear slowly and coal flat-lining or shrinking. Scenarios of strong climate action do not help nuclear much, are negative for coal and somewhat negative for gas. A strong nuclear revival is likely to be dependent on the deployment of new reactor designs; continuing major coal growth would require large-scale, low cost carbon capture and storage (CCS). Neither of these possibilities can be ruled out, but they do not appear very likely.
So, what are the implications for leading gas exporters such as Qatar?
Overall, the negative outlook for coal and nuclear is quite favorable for gas. Major gas exporters like Qatar can and should gain market share as old coal and nuclear plants in North America and Europe are closed down. At the same time, coal is set to stagnate in the main emerging Asian economies, and nuclear to grow, but not dramatically.
However, this line of development does rely on gas being perceived as a secure, relatively affordable and accessible fuel. If gas is price expensively, China, India and other major Asian states will rely more on coal, and are likely to deploy more nuclear power too. To avoid major surprises, leading gas exporters should monitor the technological, regulatory and public opinion landscape for advanced nuclear and coal CCS in the key markets: North America, Europe, China, Russia and India.
The full report can be downloaded from the Al-Attiyah Foundation’s website www.abhafoundation.org/insights/energy. The Foundation is committed to provide expert analysis and up-to-date insights on serious global, regional and country-specific challenges and opportunities on energy and sustainable development themes. The themes are explored through its publications including the Weekly Energy News, Monthly Sustainability Digest and the Energy Research Series. The best global experts are also invited to share their opinions with members and partners during Foundation’s quarterly CEO Round-table Series and bespoke events. The outputs are used to educate and influence change.
SASOL RENEWS AL ATTIYAH FOUNDATION MEMBERSHIP
03 December, 2018
Sasol, the international integrated chemicals and energy company, yesterday announced the renewal of its membership of the Abdullah Bin Hamad Al-Attiyah International Foundation for Energy and Sustainable Development.
The renewal is part of Sasol’s international efforts to support sustainable development. It cements the strong relations and long-standing partnership between the two organisations as they look towards a sustainable future.
In line with the vision of the Foundation’s Chairman, Abdullah bin Hamad Al-Attiyah, the Foundation’s ongoing relationship with Sasol helps to contribute to a greater understanding of energy sustainability and energy markets. The Al-Attiyah Foundation is the leading independent energy and sustainable development think tank in Qatar and has become highly respected by energy leaders both internationally and in Qatar.
Dr. Ibrahim Ibrahim, the Vice Chairman of Al-Attiyah Foundation commented: “We thank Sasol for its continued support for energy sustainability and its involvement in the Qatari and global community. We look forward to a continued partnership as we endeavor to provide knowledge and insights into global energy and sustainable development issues for the benefit of members and the society at large.”
For his part, Maurice Radebe, Executive Vice President at Sasol said: “Abdullah Bin Hamad Al Attiyah’s achievements in the area of international energy and sustainable development extends for more than 40 years. Sasol is proud to carry on this legacy and to contribute to the development of the society and the world energy sector. We thank Al Attiyah Foundation and look forward to further cooperation in the future.”
As an international integrated chemicals and energy company and a partner with Qatar Petroleum in the ORYX GTL Venture, Sasol turns special attention to the energy and sustainable development sector in Qatar and the world.
Sasol has also worked with Al-Attiyah Foundation to offer oil and gas companies in Qatar a training workshop on accessibility awareness and accessibility auditing through the use of the auditing smartphone application launched by its initiative Accessible Qatar (AQ). The training helps participants understand international accessibility standards, key accessibility factors that should be addressed when carrying out an accessibility audit, potential challenges the disabled might face and the technical aspects of the audit.
QIC Group renews membership with The Abdulla Bin Hamad Al-Attiyah International Foundation
12 November, 2018
Qatar Insurance Group (QIC), Qatar’s flagship insurer, and the leading insurer in the MENA region, has renewed its annual membership with The Abdulla Bin Hamad Al-Attiyah International Foundation for Energy & Sustainable Development (Al-Attiyah Foundation), the only independent think tank focused on Energy and Sustainable Development in Qatar.
The signing ceremony, which took place at the QIC Headquarters in Doha, was attended by Mr. Ali Saleh Al Fadala, Senior Deputy Group President & CEO of QIC Group, Mr. Abdulla Al Mulla, Group Chief Administrative Officer of QIC Group, Mr. Hamad Rashid Al-Mohannadi, Member of the Board of Trustees, Al-Attiyah Foundation, and Mr. Reda I Ali, Managing Director, Al-Attiyah Foundation.
Senior Deputy Group President & CEO of QIC Group, Mr. Ali Saleh Al Fadala commented, “With this participation, we at QIC Group reinforce our promise to uphold global best practices and international standards in the sustainability space.”
He further added, “At QIC Group, we have always ensured that the core values of our business and operating principles align with our objectives for CSR. In effect, being socially conscious has allowed us to respond, engage and solve the common concerns of the society, along with the cooperation of our customers, business partners and affiliates.”
Mr. Al-Mohannadi, Member of the Board of Trustees at the Al-Attiyah Foundation concluded: ‘’We are extremely delighted that QIC Group is renewing their Platinum Membership for the third year. As a market leader in the insurance industry, their contribution to the Foundation is very well valued.”
As a leader in Corporate Social Responsibility (CSR) and socially responsible business practices, Qatar Insurance Group has a long-standing commitment as a trusted and ethical partner within the Qatari community, and plays a vital role in the sustainability of Qatar’s social fabric. Through this distinctive collaboration, QIC Group renews its commitment to seek solutions for achieving sustainability.
Today, CSR is considered an integral pillar for any organization wishing to achieve sustainable development; not only within the business itself, but also within the society it operates in. In fact, QIC Group firmly believes that engaging with the society through various CSR initiatives is a two-way process delivering business and societal benefits by creating strong relationships and helping to build trust. Partnering with the Al-Attiyah Foundation for the third consecutive year, QIC Group will continue the company’s dedication to its CSR initiatives to fulfil its goals for achieving sustainability.
Al-Attiyah Foundation Launches 'CSR Best Practice' Handbook
28 October, 2018
The Abdullah bin Hamad Al-Attiyah International Foundation for Energy and Sustainable Development launched its book titled “Corporate Social Responsibility (CSR): Best Practice Guidelines” at the Qatar Green Building’s Conference in Doha Sunday.
HE Abdullah bin Hamad al-Attiyah, who was unable to be present, said, ‘’Companies today are recognising how being a socially responsible organization can have a positive impact on their bottom line. The aim of this handbook is to serve as a guide and useful reference tool for governments, industry and anyone involved in implementing impactful CSR programmes. I am pleased to see some of our members’ CSR Case-Studies, appearing in the book too.”
Qatargas chief executive officer Sheikh Khalid bin Khalifa al-Thani said, “Qatargas supports the work of the Al-Attiyah Foundation and is pleased to submit a case-study about our Jetty Boil-Off Gas (JBOG) Recovery Facility. This $1bn facility is entirely environmentally driven and one of the largest of its kind in the world. The energy saved from this initiative every year is sufficient to power approximately 300,000 homes and to reduce emissions by 1.6mn tonnes of CO2 equivalent.’’
The book looks at how current approaches to sustainable development are influencing CSR practices.
Building upon the Foundation’s 2017 publication on Sustainable Development Goals and Energy Nexus, it examines key international standards, guidelines and principles, related to CSR that have emerged through UN or other multilateral processes, or established by industry or business associations.
The book also explores different CSR Initiatives through the lens of four main characteristics: whether or not it’s aligned with government developmental agendas; if it is integrated as part of a company’s core business; if it addresses social needs and if it has a positive impact on the environment.
Local and international companies such as Qatargas, Qatar Airways, Qatar Shell, ConocoPhillips, ExxonMobil, and Sasol, based in Qatar, contributed to the book by providing case-studies of their recent CSR programmes. They provide a useful insight into the impact and sometimes, global replicability, of such initiatives.
Download a copy of the book here.
Qatargas CEO Sheikh Khalid Bin Khalifa Al-Thani Wins the 2018 Abdullah Bin Hamad Al-Attiyah International Energy Award for the Advancement of the Qatar Energy Industry
07 May, 2018
The Al-Attiyah Foundation hosts the 8th Quarterly CEO Roundtable on Water Security
27 April, 2018
Sir Mark Moody-Stuart, Chairman of the UN Global Compact Foundation, Led Selection Committee for the 6th Abdullah Bin Hamad Al-Attiyah International Energy Awards
26 April, 2018
Benchmark oil futures prices finish strongly in 2017
28 December, 2017
A Path to Achieving U.N Sustainable Development Goals
23 November, 2017
H.E. Al-Attiyah shares his insights on how Qatar has adapted to the new competitive gas landscape
22 November, 2017
Climate Change a Stormy topic at the UN General Assembly
10 October, 2017
Al-ATTIAH FOUNDATION HOLDS CEO ROUNDTABLE ON GLOBAL CLIMATE ACTION
13 September, 2017
Al-Attiyah attends World Petroleum Congress in Turkey
11 July, 2017
ABHAIF & National Council on US Arab Relations ink MoU
27 May, 2017
Investment in renewable power and energyefficiency may boost world economy by $19tn by 2050: Al-Attiyah
10 May, 2017
Doha gathers energy experts to discuss the future of the sector
10 May, 2017
Mideast energy use set to jump by 49% by '35: Al-Attiyah Foundation
09 May, 2017
Abdullah Bin Hamad Al-Attiyah International Energy Awards
09 May, 2017
Glimpses from the commemorative 5th anniversary of the Abdullah Bin Hamad Al-Attiyah International Energy Awards for lifetime achievement, where distinguished individuals were recognised last night. The Energy Awards are given annually to individuals for their lifetime achievement in the advancement of the global energy industry in seven categories.
QP chief Al Kaabi honoured for career achievements
09 May, 2017
Al-Kaabi, Van Hulst among winners of Al-Attiyah energy awards 2017
08 May, 2017
Al-Attiyah Foundation to host Energy Elders Forum, distinguished individuals in Doha
07 May, 2017
Saudi Arabia's Ex Oil Minister looks to tackle world's energy problems
06 May, 2017
Ali al-Naimi, the former oil minister of Saudi Arabia, has announced the establishment of a new energy forum called the Energy Elders Forum, in an effort to promote renewable energy as a solution to the world's energy problems.
QU annual research forum and exhibition concludes
04 May, 2017
Shale oil a form of non-Opec competition, says al-Attiyah
22 April, 2017
Shale oil is 'a form of non-Opec competition just as any other non-Opec oil producer is', said HE Abdullah bin Hamad al-Attiyah, former Deputy Prime Minister and Minister of Energy and Industry.
Global experts on selection panel for 5th Abdullah Bin Hamad Al-Attiyah energy awards
19 April, 2017
Committee formed for 2017 Al-Attiyah energy awards
19 April, 2017
Al-Attiyah Foundation, ICP sign agreement for cooperation
22 February, 2017
Hydrocarbons depletion inescapable reality, al-Attiyah says
18 February, 2017