Friday, February 20, 2009

New report highlights importance of water in the “energy equation”

New report highlights importance of water in the “energy equation”

Source: World Economic Forum

The World Economic Forum’s Energy Community today launched the Thirsty Energy – Water and Energy in the 21st Century report. The report explores the risks and opportunities inherent in the ancient relationship between energy and water, which has taken on a new urgency as competition for finite freshwater resources rises. Produced in partnership with Cambridge Energy Research Associates (CERA), the report includes perspectives from prominent experts and decision-makers.

Water is critical to energy production, yet the water/energy nexus is often overlooked. “The importance of bringing water into the energy equation now cannot be underestimated as we are heading for a more water-scarce future,” said Christoph Frei, Senior Director and Head of Energy Industry at the World Economic Forum. “Optimizing future energy choices is becoming a ‘trilemma’ as water implications need to be considered alongside energy security and climate change impacts,” he added.