Eminent Persons from the public and private sectors in Africa, Europe, North and South America met in Mexico City for the Second Annual Atlantic Energy Forum to chart new paths for pan-Atlantic cooperation, at the invitation of the Center for Transatlantic Relations (CTR) at Johns Hopkins University SAIS, particularly CTR Distinguished Fellow and former President of the Government of Spain José Maria Aznar and CTR Executive Director Prof. Daniel Hamilton. The Atlantic Energy Forum is part of the larger Atlantic Basin Initiative, facilitated by Johns Hopkins University's Center for Transatlantic Relations.
The context for the Atlantic Energy Forum is a dawning realization that the global energy map is being redrawn by a series of energy revolutions – shale, offshore, low carbon -- that together are creating an Atlantic Energy Renaissance. These revolutions are transforming global energy flows in significant ways:
We are seeing a westward shift in the global center of gravity for energy supply into the Atlantic Basin, driven by recent, significant expansion in Atlantic energy resources. We see an eastward shift in the global center of gravity for energy demand into the Asia-Pacific. The traditional pattern of ‘net westward global energy flows’ are drying up and reversing to become ‘net eastward – or ‘Asia-bound’ – global energy flows.
The Atlantic Energy Renaissance is also setting the global pace for energy innovation and renewables. The Atlantic Basin is now a central energy reservoir for the world and will become even more so in coming decades. Atlantic Basin countries are increasingly bound together through the production, trade, transit and consumption of energy.
The Atlantic is deeply interconnected in terms of energy flows, but lags in terms of energy cooperation. Moreover, the Atlantic's great energy wealth has yet to be tapped to address persistent energy poverty across the Atlantic space.
Read more of the summary HERE.
Watch a video interview with Dr. Daboub HERE.
Read an article in La Prensa about the event HERE.