Conference – 2015

Where do we stand with renewable energies and alternatives to fossil fuel?

The world is becoming ever more aware of the pressing need to address climate change by relying on alternative energies. In December 2015, the largest international climate conference — the 21st Session of the Conference of the Parties to the United Nations Framework Convention on Climate Change–will take place with the aim of establishing for the first time, a universal, legally binding agreement that will more effectively combat climate change and boost the transition towards resilient, low-carbon societies and economies.

The initiative is appealing for the trading sector. Investments in low-carbon electricity technologies plants: wind, solar, hydroelectric, nuclear, and combined cycle power plants are attractive. If we are to integrate more sources of renewable energy, it would require investment in infrastructure, which would promote the trade of more raw materials involving all aspects of trading (shipping, transport, inspection, etc.).

However, the transition from dependence on fossil fuels to renewable energies raises a number of questions:
– Is green energy really sustainable?
– Where can traders find their interest?
– What are the main challenges for trade houses given current market environment?
– How are investments in energy going to be in the next 20-30 years?

The CTA, together with the participation of important players from the trading sector,  opens the debate on this pertinent topic to address the challenges and opportunities facing the commodities industry to transition to greener energy.