MERCHANDISER
World Energy Outlook 2011
WHAT IMPACT WILL the return of high energy prices have on the fragile economic recovery? Will geopolitical unrest, price volatility and policy inaction defer investment in the oil sector and amplify risks to our energy security? What will renewed uncertainty surrounding the role of nuclear power mean for future energy and environmental trends? Is the gap between our climate actions and our climate goals becoming insurmountable? World Energy Outlook 2011, from the The Paris-based International Energy Agency tackles these and other pressing questions. The latest data, policy developments, and the experience of another turbulent year are brought together to provide robust analysis and insight into global energy markets. WEO-2011 once again gives detailed energy demand and supply projections out to 2035, broken down by region, fuel, sector and scenario. This year it also gives a special focus to topical energy sector issues:
• Russian energy prospects and their implications for global markets.
• The role of coal in driving economic
World Container Index Confirms Appetite
The World Container Index (WCI) assessed by Drewry and produced in partnership with Cleartrade Exchange, the global electronic marketplace for freight and commodity derivatives, has announced that the sample of indices, offered through their website, is seeing impressive levels of interest. On 1st
September WCI invited industry participants to
sign up via their website to see a sample of the index data. This sample incorporates three of the eleven shipping routes which the indices cover. Its unique selling point is its independence within the market. This has shown to be an attractive proposition as in just the first week of its launch, the website had received more than 500 sign-ups – which is very significant given the highly specialist nature of the content and industry sector. “We have been very encouraged by the response we have
seen in the first few days after our launch,” said Richard Heath of WCI.He continued, “A few organisations within the market have been openly critical of freight rate indices and the growth of container freight derivatives. However, the sheer level of interest and the number of enquires we have had for more information, clearly demonstrates that while some may be against this type of initiative a great many more have an appetite for these
24 September 2011 In addition to the requests to access the WCI index, many
organisations have expressed an interest in contributing their own price data, as they have quickly realised the added value in reporting their experiences of the market, making the index even more valuable and relevant to their businesses.
For more information visit:
www.worldcontainerindex.com growth in an emissions-constrained world.
• The implications of a possible downturn in oil and gas sector investment in the MENA region.
• Climate change – Lock-In and the Room to Manoeuvre to meet the 2oC goal.
• Reforms to fossil fuel subsidies and support for renewable energy.
• A Lower-Nuclear Case to investigate what a rapid slowdown in the use of nuclear power
would mean for the global energy landscape.
• Investment and financing options to achieve modern energy access.
With extensive data, projections
and analysis, WEO-2011 provides invaluable insights into how the energy system could evolve over the next quarter of a century. The book is essential reading for anyone with a stake in the energy sector. Released, 9th
November: 600 pages,
paper €135, PDF €108. For more information visit the IEA website:
www.worldenergyoutlook.org
new tools and are ready to start embracing the benefits which they can offer.” Richard Baker, CEO of Cleartrade Exchange,
commented, “For some time market practitioners have wanted a viable and relevant set of indices and related tools. The speed of take-up within days of the launch is a clear confirmation WCI has launched with the right products at the right time.”
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