2022 Marrakesh CEO Summit

The Office national de l’Électricité et de l’Eau potable (ONEE) hosted the very first GSEP CEO Summit on African and Arab soil on June 1-2, 2022 under the theme “BRIDGING THE GAP: FOSTERING AN ELECTRIFIED FUTURE FOR ALL”.

As we move forward on the energy transition path, how can we ensure that all regions of the world benefit equally from a green energy economy? What initiatives can be implemented to support people and communities to reap the environment, social and economic benefits of electrification? How can innovation help us achieve a cleaner future for all?

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MARRAKESH SUMMIT STATEMENT

Today electricity accounts for almost one-fifth of total final energy consumption in the world. Global electrification has progressed by over 10% over the last decade. Although declining, fossil fuels still account for over two-thirds of the final energy mix, thus greater progress needs to be achieved to meet climate goals.

With commitments to reach net-zero greenhouse gas emissions by 2050 rising across sectors, many challenges are emerging globally. The current energy crisis must not hinder the energy transition but a call to accelerate efforts towards decarbonization and energy independence. We must work together to ensure abundant, reliable, affordable and clean energy for our communities, so that economic and social progress can be achieved.

Electrification plays a key role in all major decarbonization scenarios, but action is currently falling short of these goals for many regions. Electrification must double its progression rates by 2030 and accelerate in order to keep the door open to reaching the goals set out in the Paris Agreement.

As global leading electricity companies at the heart of the energy transition and the electrification revolution, we are committed to advancing beneficial electrification and the increased and efficient use of low-carbon electricity in the transportation, building and industry sectors, accelerating and making possible the achievement of climate, economic development, and social advancement goals.

Increased electrification must go hand-in-hand with the decarbonisation of the power sector. More than half of GSEP members’ combined electricity is generated from low-carbon sources, which is considerably higher than projected in IEA’s Sustainable Development scenario. In addition to our commitment to decarbonization, we are also dedicated to developing smarter power grids that can empower customers, enhance system efficiency, reliability and resilience, and reduce long-term costs.

It is clear that electric utilities cannot achieve the energy transition alone and GSEP is focused on fostering collaboration with customers and stakeholders of the energy sector from all continents. We are delighted to have built bridges this year between GSEP and the African and Arab electricity industry under ONEE’s active leadership.

It is our duty to accompany business and industry leaders to identify and lift hurdles to advance the decarbonization and electrification of our economies. Our work on that front has been flourishing in the last years. Decision and policy makers also have a key role to play, as energy policies are essential to accelerate zero-carbon electrification, both by creating a level-playing field with other fuels and by supporting the deployment of nascent technologies.

Electricity is the energy of the 21st century, and we hope you can join our efforts to accelerate the electrification and decarbonization of our economies.

2021 CEO Summit

Co-hosted by AEP and Enel, GSEP’s 2021 Summit was held on May 25 and 26, 2021 under the theme Unlocking Beneficial Electrification: Accelerating the Energy Transition Together co-chaired by Nick Akins, Chairman, President and CEO of American Electric Power, and Francesco Venturini,  CEO of Enel X. This was GSEP’s very first Summit held completely virtually and, for the first time ever, the public was invited to attend a global virtual broadcast on May 26. 

The event was the occasion for our alliance of leading global electricity companies to unveil the findings of the first customer-driven global independent study on beneficial electrification. The study brings forward the voice of over 110 electricity end-users spread over 10 countries from the transportation, building and industry sectors.

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The event gathered over 15 high-level speakers including Jean-Bernard Lévy, Chairman and CEO of EDF; Abderrahim El Hafidi, CEO of Office National de l’Electricité et de l’Eau Potable (ONÉE); Xin Baoan, Chairman of State Grid Corporation of China (SGCC); Yinbiao Shu, Chairman of China Huaneng Group (CHNG); Paul Kjellander, President, National Association of Regulatory Utility Commissioners (NARUC); Sheila Hollis, Executive Director, United States Energy Association; Michael Radler, CEO, XcL Midstream; Art Justice, Vice President, Energy and Sustainability, Cinemark; and Yvonne McIntyre, Director, U.S. Federal Electricity and Utility Policy, Climate & Energy Program, Natural Resources Defense Council.

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2019 Osaka Summit

The 2019 Summit was hosted by Kansai Electric Power Company. Discussions at the Summit centered on the 4Ds: decarbonization, decentralization, digitalization, and deregulation and changing market design (including investment and financing). These are megatrends that are structurally transforming the electricity sector. Illustrious guest speakers included Dr. Tsutomu Toichi, Councillor of the Institute of Energy Economics of Japan, Dr. Akihiko Yokyama, Professor, Department of Electrical Engineering and Information Systems Graduate School of Engineering at the University of Tokyo, and Mr. Hiro Mizuno, Executive Managing Director and Chief Investment Officer of the Government Pension Investment Fund of Japan. 

The GSEP CEOs issued the Osaka Summit Statement, outlining GSEP members’ commitment to accelerate efficient electrification and innovation along the full electricity value chain, which will deliver both economic and social benefits. 

As we move forward on the energy transition path, how can we ensure that all regions of the world benefit equally from a green energy economy? What initiatives can be implemented to support people and communities to reap the environment, social and economic benefits of electrification? How can innovation help us achieve a cleaner future for all? 

You are invited to attend our free virtual conference showcasing influential stakeholders of the African and global energy sector on Thursday, June 2 from 09:00 – 13:00 (Casablanca time GMT+1).

2018 Paris Summit

Hosted by EDF in May – June 2018, the Paris Summit focused on global issues in the energy and electricity sectors, e-mobility, and the impacts of digitalization on the industry. GSEP CEOs were joined by leaders from the International Energy Agency, AccorHotels, AlixPartners, as well as Jean-Yves Le Drian (French Minister for Europe and Foreign Affairs), Nobel-prize-winning economist, Jean Tirole, and Hubert Védrine (former French Minister for Foreign Affairs).

The GSEP Chairmen closed the event with the issuance of the Paris Summit Statement,  which outlines the group’s positioning on efficient electrification of end-uses and the steps that governments could take to successfully accelerate adaptation of innovative electricity technologies.