More than 150 years of industrialisation, economic growth and increasing prosperity – in particular in developed countries – have come at a price: the rapid increase in energy demand, which has been largely met by CO2-emitting fossil fuels, has impacted our climate. Visible climate change requires action to be taken now. If global CO2-emissions remain at current levels, the global CO2-budget for this century will be exhausted in the 2030s, and the 2°C-target agreed in Paris in 2015 will be breached.
Dr. Moehring will describe the hard realities regarding the necessary transition to a low carbon energy world. Addressing the fundamentals of current energy supply and demand, the outlook on future energy demand reveals the magnitude of the challenge: how to deliver massive reduction of carbon emissions whilst meeting rising energy demand.
When considering options to be evaluated for successful energy transition, he underlines the necessity of pursuing all relevant and feasible options for CO2-reduction. If CO2-reduction targets are to be reached, renewable energy alone will not achieve this.
Finally, he will discuss some key aspects for successful global energy transition and look at relevant obstacles which must be overcome. One such obstacle includes the current global political environment, where polarisation currently appears to have the upper hand over global alignment to the Paris Agreement. Not surprisingly, hard regional and local interests may well prevail over the global task of climate protection.
Ludwig Moehring began his career in 1992 in the energy business with BEB Erdgas und Erdöl GmbH (Hanover), the biggest gas and oil producer in Germany. In 2000 he joined Shell Gas and Power in London where he was responsible for the governance of their European gas affiliates. In 2004 he became Shell Energy Europe's General Manager for gas activities in North-West Europe, based in The Hague. From 2010 to 2018 he was Managing Director responsible for Sales in the German gas wholesale company WINGAS GmbH. Between 2012 and 2018 he also held senior non-executive roles on the boards of the German gas associations Zukunft ERDGAS and ASUE.
Since November 2018 he has been Director General of the German Federal Association of Natural Gas, Crude Oil and Geothermal Energy (BVEG). Since 2010 he has been part of the energy transition process in both the business and political sector in particular in Germany. His key messages have focused on the integration of growing renewable energies and traditional sources of energy as a means to ensure rapid CO2-reduction, whilst maintaining security of energy supply and keeping energy prices under control – all crucial for successfully delivering the path towards decarbonisation.