The International Energy Agency (IEA) will convene an International Summit on the Future of Energy Security in the second quarter of 2025, hosted by the UK government in London.
Announced in a statement on Friday, the IEA said the summit aims to assess current and future risks facing the global energy system and prioritize solutions to address these challenges.
The IEA highlighted the need for “new and enhanced approaches to energy security” to mitigate emerging risks that could hinder energy transitions and undermine the resilience of energy systems.
“The Summit will examine the geopolitical, technological and economic factors affecting energy security at the national and international level. It will provide global decision makers and key actors with an opportunity to review the trends redefining global energy security,” the IEA said.
Topics will include changes in energy demand, supply, and trade; the adoption of clean and efficient energy solutions; the availability of minerals and metals required for clean energy technologies and the allocation of investment during the transition away from fossil fuels.
IEA Executive Director Fatih Birol highlighted the significance of the global energy crisis, saying, “The global energy crisis delivered a sobering reminder to countries around the world on the importance of energy security and its implications for our economies.
“From its founding 50 years ago, the IEA has been a leader in safeguarding energy security and anticipating emerging risks. As the nature of energy security evolves amid looming threats, the IEA will continue to do all it can to ensure uninterrupted access to energy at affordable prices while honoring global climate commitments.”
UK Energy Secretary Ed Miliband expressed the UK’s commitment to leading the global energy transition, stating, “In an unstable world, the only way to guarantee our energy security and protect against volatile energy price spikes is to speed up the transition away from fossil fuels to clean, homegrown energy.
“Since the Russian invasion of Ukraine, global energy security has become more important than ever. I am determined that the UK takes a global lead on clean energy, and I look forward to working closely with the IEA as we host this crucial Future of Energy Security summit next year. Together we can mobilize international action for cheap, clean, secure energy as we drive forward the global energy transition.”