"High price volatility has become the new normal facing energy leaders. This is the context in which we expect them to take investment decisions at an unprecedented scale," Christoph Frei, secretary general of the WEC, said during the launch of the World Energy Issues Monitor at a conference in Berlin.
"The unprecedented uncertainty, the need to redefine infrastructure resilience in response to emerging risks, the expectation of changing market designs and evolving business models, as well as the changing geopolitical balance have all placed energy among the top strategic issues globally for at least the next decade."
