The event is organized by Turkey's energy regulatory authority, EMRA.
The four-day forum aims to develop a common approach to energy regulation by bringing together developed and developing countries to discuss issues and experiences of common interest.
"The forum will unite many important global energy regulators," Alparslan Bayraktar, board member of the Energy Market Regulatory Authority of Turkey, told The Anadolu Agency on Thursday. "Participants from Asia, Europe, America and Africa will gather in Istanbul to discuss energy sector regulations."
"Turkey will host an upper scale energy organization," Bayraktar added.
Gulefsan Demirbas, head of EMRA’s strategic development department, said having WFER in Istanbul is a great achievement.
"Turkey maintains a central position geographically between energy suppliers and consumers," Demirbas said. "More than a thousand participants from various countries are expected to attend the conference.”
Turkish President Recep Tayyip Erdogan is scheduled to make the opening speech at the event. There will be 24 sessions, including six general and two special sessions.
At the first session, there will be a discussion about the energy policies of developed countries, in addition to access to energy resources, which is part of Turkey's G20 energy agenda.