Asia Pacific Energy Talks : Singapore EditionAs it stands, Asia Pacific is only at 25% readiness for the energy transition, based on the Global Energy Transition Readiness Report. We identify five key points of action needed for the energy transition at large, namely the expansion of renewables, strengthening the electrical grid, improving energy efficiency, utilizing existing infrastructure as a bridge and getting a handle on supply chain and minerals. Through the lens of these five critical actions, we examine how companies, stakeholders and organizations must work together to put together the puzzle pieces for Singapore’s energy transition.
The Infinity Gauntlet of Singapore’s Energy Transition
The panel delves into the five critical actions that constitute the infinity gauntlet of Singapore’s energy transition, including the expansion of renewables, increasing efficiency, strengthening the electrical grid and more. With Singapore announcing its National Hydrogen Strategy and net-zero commitment by 2050, we evaluate the ripple effect on energy stakeholders locally and regionally and explore how collaboration, economic policies and sustainable financing can accelerate the transition and uptake of innovative technologies.
Mr. Zhi Xin Chong, Senior Director (Commodity Insights), S&P Global Commodity Insights
Ms. Cheryl Chan, Chief Sustainability Officer, ST Engineering
Mr. Irtiza Sayyed, President (Asia Pacific), ExxonMobil Low Carbon Solutions
Mr. Ralph Foong, Deputy Chief Executive, Energy Market Authority of Singapore
Mr. Thorbjörn Fors, Senior Vice President & Managing Director of Asia Pacific, Siemens Energy
Delivering on Net-Zero
This panel aims to answer: What does Singapore need to achieve net-zero 2050? Focus areas include the use of existing infrastructure, improving energy efficiency and accelerating low-carbon alternatives like hydrogen. It examines how increased collaboration between government, private companies, and technology providers can encourage greater uptake of solutions, be it through investment in infrastructure and pairing complementary solutions to real-life applications, or creating a conducive regulatory and policy environment.
Mr. Sharad Somani, Partner, Advisory and Head of Infrastructure (Asia Pacific), KPMG
Mr. Je Jun Oh, Head of Gas Services Asia Pacific, Siemens Energy
Mr. Malcolm Lim, Head of Singapore Business, Pavilion Energy
Mr. Philip Jones, Chief Commercial Officer, InterContinental Energy
Ms. Yingying Chen, Director (Transition Finance), Standard Chartered Bank
Towards A Decarbonized and Resilient Power System
This session delves into the future power model in the region and Singapore's place in it, against the backdrop of energy security, geopolitical concerns, and the country's strategy to diversify its energy mix. It aims to determine whether importing electricity is a sustainable solution, and the potential for a regional network of interconnected grids. In addition to addressing the role of technologies like CCUS in Singapore's energy transition, the discussion will also address how market mechanisms and regulatory/infrastructural constraints will impact the adoption of innovative technologies.
Ms. Radiana Soh, Director (Enterprise), A*STAR
Mr. Aditya Gupta, General Manager (New Business Development), Shell Energy Asia
Mr. Lawrence Wu, Chief Financial Officer, EDPR APAC
Mr. Robert J. McDonald, Head of Transmission Services (Asia Pacific), Siemens Energy
Dr. Victor Nian, Chief Executive Officer, Centre for Strategic Energy and Resources