Themes and discussions
Below are details of the themes that the speakers will broach or that will be discussed during round-table forums at the Symposium.
Discover the future of the energy sector and the challenges it is facing in the realms of power transmission and infrastructure, the latest breakthroughs in storage systems, technological innovations in the use of renewable energies, the commercial and financial imperatives of this new energy model, carbon pricing, and so on.
The United States and Canada will face, in the relatively short term, major changes as regards energy infrastructure, some of which is ageing or will attain its useful life and need to be replaced. The energy industry anticipates changes in the transmission and distribution of energy and intends to modernize its systems to ensure secure energy supply. Renewable technologies will inevitably come into play.
The energy storage market should grow rapidly in the coming years and allow individuals and professionals to store the energy produced, especially by wind turbines or solar panels. The new storage technologies, regarded by many experts as essential to the widespread use of renewable energies, are becoming cheaper but are still used to a limited extent.
New energy technologies are subject to extensive innovation and research and development in Québec, New York State and the world. The new, so-called emerging energy options are becoming more efficient and cheaper and thus represent an increasingly worthwhile adjunct to conventional energy sources.
In the context of the fight against climate change, which is mobilizing the national and international communities, it is necessary to alter energy consumption habits, rely less on hydrocarbons and ensure that the renewable energy offerings produced in North America suffice to take full advantage of the transition.
Carbon pricing is intended to encourage businesses and individuals to reduce their CO2 emissions. The cost can be set by means of a tax or a cap-and-trade system, commonly called a carbon exchange. In 2014, Québec joined the Western Climate Initiative (WCI) cap-and-trade market with California. The WCI carbon market could further expand by joining similar markets the world over.
The private financing sector is facing the transformation of the economic model of renewable energies. Financial markets are grappling with more competitive assets but that include greater risk. It is, therefore, necessary for the financial sector to prepare for this change in order to support the industry and help it to develop.