Business Extra in Davos: Energy in crisis and transition


Davos, Switzerland
  • English
  • Arabic

At the World Economic Forum's Annual Meeting in Davos, Switzerland, energy will be an important topic on the agenda this week.

Roberto Bocca, the forum's head of Shaping the Future of Energy and Materials, tells host Mustafa Alrawi that the focus of discussions will be the energy crisis, the energy transition and the nexus between energy and other ecosystems such as water and food, which are critical.

Mr Bocca hopes that many will come to the table in Davos to solve these issues and also to harness the opportunities brought about by new technology.

He also says that people are finally beginning to realise how complex the energy system is, ahead of the Cop28 climate summit that is being held in the UAE at the end of November.

Cop28 President-designate Dr Sultan Al Jaber's leadership should be able to help bring together different sides involved in the effort to mitigate the effects of climate change, Mr Bocca says.

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Specs

Engine: Duel electric motors
Power: 659hp
Torque: 1075Nm
On sale: Available for pre-order now
Price: On request

UAE currency: the story behind the money in your pockets
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Know your camel milk:
Flavour: Similar to goat’s milk, although less pungent. Vaguely sweet with a subtle, salty aftertaste.
Texture: Smooth and creamy, with a slightly thinner consistency than cow’s milk.
Use it: In your morning coffee, to add flavour to homemade ice cream and milk-heavy desserts, smoothies, spiced camel-milk hot chocolate.
Goes well with: chocolate and caramel, saffron, cardamom and cloves. Also works well with honey and dates.

Scores

Wales 74-24 Tonga
England 35-15 Japan
Italy 7-26 Australia

Who has lived at The Bishops Avenue?
  • George Sainsbury of the supermarket dynasty, sugar magnate William Park Lyle and actress Dame Gracie Fields were residents in the 1930s when the street was only known as ‘Millionaires’ Row’.
  • Then came the international super rich, including the last king of Greece, Constantine II, the Sultan of Brunei and Indian steel magnate Lakshmi Mittal who was at one point ranked the third richest person in the world.
  • Turkish tycoon Halis Torprak sold his mansion for £50m in 2008 after spending just two days there. The House of Saud sold 10 properties on the road in 2013 for almost £80m.
  • Other residents have included Iraqi businessman Nemir Kirdar, singer Ariana Grande, holiday camp impresario Sir Billy Butlin, businessman Asil Nadir, Paul McCartney’s former wife Heather Mills. 
Hunting park to luxury living
  • Land was originally the Bishop of London's hunting park, hence the name
  • The road was laid out in the mid 19th Century, meandering through woodland and farmland
  • Its earliest houses at the turn of the 20th Century were substantial detached properties with extensive grounds

 

Updated: January 17, 2023, 1:22 PM
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