Many power companies are at the COP27 climate summit in Sharm El Sheikh, Egypt, to explore new opportunities for moving into clean energy. Leonardo Moreno, president of Virginia-based AES Clean Energy, spoke with Energy Monitor about why he is at the summit and what he has learned.
He has been keen to talk about the geopolitics of the clean energy transition and the future of clean energy, including new resources like green hydrogen. AES is one of only five US power companies aligned with the Paris Agreement’s decarbonisation objectives, and in 2021, AES sold more clean energy to corporations than any other developer globally, according to Bloomberg New Energy Finance. It supplies solar and wind power and energy storage.
“The mission of AES is to accelerate the future of energy together,” Moreno said at COP27. “Together means together with all of our stakeholders, and many of them are present here. They are governments, they are customers, they are suppliers.”
Beyond AES at COP 27:
Reporter Nour Ghantous and senior writer Dave Keating are reporting from COP27 in Sharm El Sheikh, Egypt, on behalf of Energy Monitor and our parent company, GlobalData. They are providing the data-led analysis you have come to expect from Energy Monitor but also something new: video interviews with business leaders, policymakers and campaigners. We encourage you to return often to our Energy Monitor home page for updates from the conference. You can also sign up for our free biweekly newsletter here.
Other recent COP27 coverage includes:
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below formBy GlobalData
COP27: Should the energy crisis make the world re-evaluate the feasibility of a coal phase-out?, by Dave Keating (18 November)
Opinion: EU’s new 57% target is more about communication than increased ambition, by Dave Keating (18 November)
COP27: Indigenous leader warns against leaving out ancestral knowledge, by Nour Ghantous (18 November)
COP27: “Key decision-makers are presenting decarbonisation as something expensive and difficult”, by Dave Keating (17 November)
Too few rules on fossil fuels? The limitations of Mark Carney’s GFANZ alliance, by Polly Bindman (17 November)
Carbon markets at COP27: What’s holding up negotiations on Article 6?, by Nour Ghantous (17 November)
COP27: The underdogs did most of the work in week one. Now what?, by Nour Ghantous (16 November)
What do companies need from COP27?, by Dave Keating (16 November)
COP 27: Warsaw’s mayor has come with a very different message than the Polish government, by Dave Keating (16 November)
The interwoven fortunes of carbon markets and indigenous communities, by Oliver Gordon (16 November)
COP27: Deep geothermal “superhot rock energy” could be key to climate action, by Dave Keating (16 November)
One year on, is coal being consigned to history?, by Dave Keating (15 November)
COP27: Cities are essential in the climate fight, says former Lord Mayor of Dublin, by Dave Keating (14 November)
COP27: “Green hydrogen is one of the bright spots of this COP” – Jonas Moberg, CEO of GH2, by Nour Ghantous (14 November)
COP27: Ukraine energy company DTEK maintains net-zero goal, by Nour Ghantous (14 November)
Opinion: COP27 comes after a year of unfulfilled COP26 promises, by Nick Ferris (11 November)
COP27: Data science can strengthen climate action, by Nour Ghantous (11 November)
COP27: Alpine Group proffers recycled textiles to combat climate, by Nour Ghantous (10 November)
Why the financial odds are stacked against developing countries, by Isabeau van Halm and Polly Bindman (9 November)
COP27: International Labour Organization wants to see a just transition “actually implemented”, by Nour Ghantous (9 November)
COP27 take note: Climate tech funding has soared in 2022, by Eric Johansson (9 November)
COP27: How countries compare on carbon emissions and pledges, by Nick Ferris (7 November)
COP27: Mattie Yeta, CGI’s chief sustainability officer, on the first-ever ‘metaverse COP’, by Nour Ghantous (7 November)
Which countries are already at net zero?, by Nick Ferris (25 October)
COP27: Manage your expectations, by Nour Ghantous (21 September)