EnergyCC convenes already existing industry organisations in the oil & gas industry (e.g. Oil & Gas Council, the Energy Institute UK), the mining industry (e.g. ICMM), renewables companies, finance and investor groups (e.g. IFC) whose member companies are working on climate change. The aim is to share practical examples and policy frameworks, encourage collaborative joined-up industry projects to scale up action to support the COP21 Paris Agreement and to create new jobs for societies.

See for an overview of our work:
https://energycc.com/blogs/opportunities-to-reduce-methane-emissions-from-oil-and-gas-operations.html

About Us

EnergyCC focuses on collaboration across the energy and finance industries. Therefore, EnergyCC is comprised of experienced individuals with a background in all of these industries. In addition to its leadership, EnergyCC draws on and amplifies the practical work already underway in these industries to speed up, replicate, and scale up successful ongoing approaches. We are particularly motivated to seek the input of young people in the work that we do.

Working together for COP21, EnergyCC catalyzes the energy industry and investors to significantly scale up action.

Rationale

Achieving Sustainable Development Goal 13 and implementing the Paris Agreement on Climate Change (COP21) - to keep global temperatures to ‘well below 2 degrees C above pre-industrial levels’, will not be achieved unless there is significant, scaled-up, action.

Energy companies have signed the COP21 ‘Paris Pledge’. Chief Executive Officers of the Oil and Gas Climate Initiative and ICMM have committed to a binding global agreement and a price on carbon. Yet, how industry will deliver is not clear. Meanwhile financial investors are seeking a transparent understanding of the risks entailed in the energy transition with the Financial Stability Board’s Climate-related Financial Risk Disclosures. EnergyCC aims to scale up opportunities for innovation, projects and job creation. 

There are energy industry networks organized by sector: ICMM, IPIECA, Oil & Gas Council, Energy Institute (UK); by region: ASCOPE, SEAS, AsiaWEA, and by investors: AIGCC, IFC, the PRI, UNEP-FI. Each focuses on identifying and sharing best in class practice within their individual networks. 

EnergyCC addresses the need for a single, joined-up, industry platform bringing the renewable energy industry together with these already existing, industry organizations and financial investors. The result is Joint Industry Projects (JIPs) through improved linkages between these already existing industry organizations. EnergyCC does not aim to create a new organization, nor is its sole purpose to organize events.

Mission

To convene a joined-up industry-led platform, piloted in the Asia Pacific and Australia region, to share experience on how to reduce carbon emissions.

This innovative learning forum linking energy producers with investors:

  • Focuses on cross network learning, sharing best-in-class examples that can be scaled up and replicated
  • Seeks new business lines by bringing together the oil, gas, mining industries’ deep engineering and project management skills with those in low carbon technologies
  • Links investors’ capital to proposed projects at an early stage to overcome delays
  • Demonstrates how new business lines are creating new jobs

Quick Facts

Estimates from satellite data show global gas flaring increased to levels not seen in more than a decade, to 150 billion cubic meters (bcm), equivalent to the total annual gas consumption of Sub-Saharan Africa. The 3% rise, from 145 billion cubic meters (bcm) in 2018 to 150 bcm in 2019, was mainly due to increases in three countries: the United States (up by 23%), Venezuela (up by 16%), and Russia (up by 9%).

Global Gas Flaring Jumps to Levels Last Seen in 2009, The World Bank, GGFR, August 2020

A study comparing the relative climate impact of gas-fired power versus coal-fired power as a function of methane emissions concludes that natural gas is only better for the climate, if total methane emissions along the gas supply chain are less than 3.2%. IEA methane release data indicates that in 2019, 3.8% of produced natural gas was lost due to venting or leaks,

IEA, PNAS on methane emissions, July 2020

DNV GL's global energy transition outlook 2019 forecasts that by 2025 energy related emissions will peak and in 2030 energy demand will plateau due to efficiencies from pervasive electrification; in 2050, fossil fuel supply is half of total energy demand, with share of natural gas share rising to 29%. While 1.5 oC carbon budget is exhausted in 2028, global climate change will see ~2.4 oC temperature rise by the end of the century, unless the reduced share of GDP spent on energy is used to significantly reduce net emissions further. 

DNV GL - Energy Transition Outlook 2019, September 2019

Deployment of Carbon Capture and Sequestration (CCS) will not be optional in implementing the Paris Agreement, but the current rate of progress is falling short of what is required to achieve climate goals

Speeding up Carbon Capture and Storage needed to meet climate goals, International Energy Agency, November 2016

About 100 companies have been responsible for about 71% of the world's greenhouse gas emissions since 1988

CDP, September 2017

Imports of liquefied natural gas (LNG) will set a new record in 2017 on the back of a robust 8.8% growth – the fastest since 2011 

LNG Trade in 2017 to Grow Fastest Since 2011 on Low Prices, Lack of Nuclear Power and Rising Supply Capacity, Bloomberg New Energy Finance, September 2017

The shale boom has helped natural gas eclipse coal in America’s power mix in 2016 and it is the only fuel apart from renewables where output is rising

The Energy Market’s Facts Of Life, Bloomberg New Energy Finance, August 2017

At the end of 2016, more than 24% of global electricity was produced by renewables, with capacity rising 10% at much lower cost in 2016

‘Spectacular’ drop in renewable energy costs leads to record global boost, The Guardian, June 2017

Global fossil fuel subsidies, although declined from US$500 bln in 2014 to US$325 bln in 2015 are still more than twice the subsidies for renewables (US$150 bln)

World Energy Outlook 2016 - Executive Summary, International Energy Agency, November 2016

A 2015 study found that air pollution in China is responsible for more than 4,000 deaths per day

Rohde Robert A., and Richard A Muller: Air Pollution in China, Mapping of Concentrations and Sources. PLoS ONE Vol 10, No 8, August 2015

In 2015, advanced energy employs 2.7 million workers in the US, nearly twice as many jobs as building construction, significantly more than agriculture and mining, and equal to supermarkets and grocery stores

Advanced Energy Perspectives, May 2016

Leadership

Sir Mark Moody-Stuart

Special Advisor and Chairman, EnergyCC Advisory Board

Sir Mark Moody-Stuart is Vice-Chairman of the UN Global Compact Board and Chairman of the Global Compact Foundation

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Kathryn McPhail

CEO

Kathryn is an energy executive with extensive public policy experience, and a sustainable development practitioner with 30 years’ work experience in Asia, Africa and South America.  She is a former World Bank/IFC, oil & gas and mining industry executive with FTSE 100 companies

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Etienne Romsom

President

Etienne Romsom’s career in the energy industry spans 28 years and his employment included Royal Dutch Shell (23 years), DNV GL (4 years) and since early 2017 he has joined a new company EnergyCC.

In DNV GL, Etienne was Global Executive Vice President responsible for growth and strategy for the Oil & Gas business area and he was a member of the Executive Leadership Team, based in Norway

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“We need to scale up industry action on the Paris Agreement (COP21). I strongly support EnergyCC’s efforts to link up already existing industry organisations with investors. This will speed up learning across industries by sharing practical examples and policy frameworks. EnergyCC is an important enabler in replicating and scaling up joint industry projects to support the Paris Agreement.”

– Sir Mark Moody-Stuart

Sir Mark Moody-Stuart

Special Advisor and Chairman, EnergyCC Advisory Board

Sir Mark Moody-Stuart is Vice-Chairman of the UN Global Compact Board and Chairman of the Global Compact Foundation.  

Previously he was Chairman of the Royal Dutch/Shell Group from 1998 to 2001, Anglo American plc from 2002 to 2009 and Hermes Equity Ownership Services from 2009 to 2016. After a doctorate in geology in 1966 at Cambridge University, he worked for Shell starting as an exploration geologist, living in Holland, Spain, Oman, Brunei, Australia, Nigeria, Turkey, Malaysia, and UK.

A Director of Saudi Aramco 2007- , Advisory Board member of Envision Energy, Shanghai, China, one of the top ten wind turbine companies in the world, Accenture (2001-2015), HSBC (2001-10).  Sir Mark is Chairman of the FTSE ESG Advisory Committee, Honorary Co-Chairman of the International Tax and Investment Center 2011, Chairman, Governance and Nominations Committee, International Council for Integrated Reporting, Chairman of the Innovative Vector Control Consortium. Chairman of the of the Global Business Coalition for HIV/AIDS 2002-2011. He was Board member Global Reporting Initiative 2002-7 and the International Institute for Sustainable Development 2002-2011.

Sir Mark is author of “Responsible Leadership – Lessons from the front line of sustainability and ethics”. 

Kathryn McPhail

CEO

Kathryn is an energy executive with extensive public policy experience, and a sustainable development practitioner with 30 years’ work experience in Asia, Africa and South America.  She is a former World Bank/IFC, oil & gas and mining industry executive with FTSE 100 companies. She serves on the Technical Advisory Group of the Natural Resources Governance Institute, New York, USA, the United Nations Sustainable Development Solutions Network on extractives and land resources, New York, USA, and is Governor of the University of Aberdeen, UK where she also serves on the Remuneration Committee.

Etienne Romsom

President

Etienne Romsom’s career in the energy industry spans 28 years and his employment included Royal Dutch Shell (23 years), DNV GL (4 years) and since early 2017 he has joined a new company EnergyCC.

In DNV GL, Etienne was Global Executive Vice President responsible for growth and strategy for the Oil & Gas business area and he was a member of the Executive Leadership Team, based in Norway. In DNV GL he also led initiatives on industry cost competitiveness, collaboration, future proofing of assets and asset safety.

Before joining DNV GL, Etienne was Managing Director of Shell Exploration & Production in Kuwait. His expertise is in developing and leading complex mega projects, including LNG, CO2 Enhanced Oil Recovery, Gas-to-Liquids, CBM, Tight Gas and Sour Gas projects. During his Shell career, Etienne has worked and lived in The Netherlands, Oman, UK, Indonesia, Singapore, India, Dubai and Kuwait.

Mr. Romsom has a professional background in petroleum engineering and he holds a Master degree in Applied Physics from the Technical University in Delft in The Netherlands. He has had executive education at IMD in Lausanne, further complemented by technical and leadership development at Shell and at DNV GL.

Our Logo

Our logo is part of our corporate identity and represents our commitment to make our positive contribution to arresting Climate Change, improving resilience against its effects and supporting adaptation efforts. The cross-industry platform that we are building is the foundation to our Mission. Our efforts to connect industry organisations for the betterment of planet earth and the global energy needs, are at the centre of our purpose.