Under the patronage of His Highness Sheikh Mohamed Bin Zayed Al Nahyan, President of the United Arab Emirates

تحت رعاية صاحب السمو الشيخ محمد بن زايد آل نهيان، رئيس دولة الامارات العربية المتحدة

Supported by

Dr. Nick Wayth

CEO

Energy Institute

Nick
Nick

Dr. Nick Wayth is the Chief Executive of the Energy Institute, responsible for overseeing all the organisation's global activities.

Prior to this role, he spent nearly 22 years at BP plc, holding a variety of executive and management positions. During his time at BP, Dr. Wayth served as the Chief Development Officer of Alternative Energy, leading the company's strategy and business development in renewable technologies such as solar, offshore wind, and digital energy. In this capacity, he was also a member of the BP Ventures Investment Committee, sponsoring several of the company's venture investments.

Earlier in his career, Dr. Wayth held senior roles as Vice President of Competitor Intelligence and as Head of North America Investor Relations, based in Houston. He also gained extensive operational, technical, and commercial experience in the upstream business, working in various locations including the North Sea, Aberdeen, Algeria, and London.

Dr. Wayth holds a PhD in Mechanical/Electrical Engineering and a degree in Mechanical Engineering, both from the University of Southampton. He is a Chartered Mechanical Engineer and a Fellow of both the Energy Institute and the Institution of Mechanical Engineers.

Dr. Wayth is passionate about creating an inclusive and supportive environment and is a Board Member of Powerful Women. He also serves on the International Advisory Council of Universiti Teknologi PETRONAS in Malaysia and advises and mentors entrepreneurs in energy start-up companies.

Outside of his professional commitments, Dr. Wayth enjoys running, cycling, yoga, and spending time with his wife, Debbie, and their two sons.

Session Overview
Tuesday, 5 November
10:00
Decarbonisation Conference Decarbonisation Theatre 10:00 - 11:00
View Session
Investing in reliable grid infrastructure to deliver renewable capacity and energy efficiency commitments

Tripling renewable capacity and doubling energy efficiency by 2030 is seen as critical to achieving a sustainable and low-carbon energy future. However, this initiative faces a unique set of challenges for each goal, including the lack of investment in the grid infrastructure needed to deliver renewable energy from generation sources to end-users, as well as driving operational excellence through the adoption of efficient electric technologies like heat pumps, EVs, etc. While long-term operational costs are lower compared to traditional fuels, the initial investment can be a barrier for investors as can long ROI windows. Collaboration across all stakeholder groups including utilities, grid technology vendors, investors and others will be needed to de-risk investment and deliver a reliable grid infrastructure that will enable increased renewable capacity and energy efficiency.

Attendee insights:

Understand the significant role of investment in establishing a modernised, reliable grid infrastructure to enable renewable energy capacity.

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