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MASDAR
07 October 2010

ZAYED FUTURE ENERGY PRIZE to Host Workshop On Global Investment for Renewable Energy at EFEF 2010

Energy and financial experts to discuss financial, government and personal investments needed to create and sustain low-carbon economies
 
Who: Zayed Future Energy Prize
What: Workshop on New Energy Solutions: Are they cost effective?
Event: European Future Energy Forum
Location:  ExCel London, South Gallery Rooms 7-8
Date/Time: 20 October, 2010/2:00-4:00 pm (BST)
 
London, UK – 7 October 2010: The Zayed Future Energy Prize, an annual US$ 2.2 Million recognition prize for innovation, leadership and sustainability in renewable energy solutions, has announced the details of a Workshop on New Energy Solutions at the upcoming European Future Energy Forum 2010, in London on 20 October. The Forum is designed to forge direct business links between the world’s leading companies and investors to promote the adoption of renewable energy solutions and showcase future energy projects and partnerships in Europe.
The 20 October Workshop will present experts in the fields of technology, finance and energy to discuss the economics and global commitments necessary to achieve sustainable low-carbon economies. The scale of investment required to make the shift from dependency on fossil fuels to a low-carbon economy is substantial – US$ 500 billion per year, if CO2 emissions are to be reduced to acceptable levels by 2030.  The role of private capital in meeting this milestone is crucial. Renewable energy solutions, not yet cost competitive with fossil fuels, will increase their investment appeal as they reach scale and gain operating experience.
List of confirmed speakers:
  • Satoshi Ogiso, Chief Engineer, Product Planning, Toyota Motor Corporation
  • Dipal Barua, Founder and Chairman, Bright Green Energy Foundation
  • Amitabha Sadangi, Chief Executive Officer, IDE – India
  • Jerry Stokes, President, Suntech Power International Ltd.
  • Jean-Philippe Denruyter, Manager, Global Renewable Energy Policy, WWF International
  • Moderator: CNBC anchor, Steve Sedgwick  http://www.cnbc.com/id/15838726
Registration website to attend the workshophttp://www.masdarconnect.com/zfepworkshop
The October 20 Workshop follows the launch of a global 10-part segment series on CNBC, sponsored by the Zayed Future Energy Prize, called People, Planet, Profit, which takes an in-depth look at the next generation of clean technologies and the innovative companies driving the new low-carbon revolution. The series airs on all three CNBC regional networks covering Europe, the Middle East and Africa, Asia-pacific and the United States.

 About the Zayed Future Energy Prize

The Zayed Future Energy Prize is named in honour of the late Founding Father and President of the United Arab Emirates His Highness Sheikh Zayed Bin Sultan Al Nahyan for his environmental stewardship. The prize seeks to encourage innovation across a wide spectrum of renewable energy solutions, energy conservation and sustainability. Now in its third year, the prize is the largest of its kind and offers a purse of US$ 2.2Million. Information, guidelines and registration for the competition can be made at www.ZayedFutureEnergyPrize.com. Submissions for the 2011 Prize will be accepted through 8 October 2010 and the award will be announced in January 2011 in Abu Dhabi. The Zayed Future Energy Prize is operated and managed by Masdar on behalf of the Government of Abu Dhabi.
For further information, contact Amira Al Najjar: [email protected] or Saba Al Delfi: [email protected]