That’s a wrap from the SIEW 2019 Global Launch!
07.30 PM
While we may have come to the end of the Global Launch of SIEW 2019, we look forward to a year of robust dialogue around this year’s theme, “Accelerating Energy Transformation”.
Hear from Ngiam Shih Chun, Chief Executive, Energy Market Authority and Zee Loh, General Manager, Shell Energy Singapore as they weigh in on the theme.
Thank you to all our partners, sponsors and media who attended our event this afternoon and followed the live updates online.
Subscribe to the SIEW e-Newsletter, and follow us on Facebook, Twitter and LinkedIn for more updates from SIEW.
SIEW 2019 will take place from 29 October to 1 November 2019 at Marina Bay Sands.
Registration opens July 2019.
Insights from SIEW 2019 Global Launch Q&A
06.00 PM
Following the presentations, Sri Jegarajah of CNBC moderated an open-floor discussion with Zee Loh of Shell and Sharad Somani of KPMG. The conversation focused on how Asia can shift its longer-term energy ambitions into actionable solutions that can be implemented today.
Three key takeaways arose from the Q&A:
1. Despite the rise of CO2 emissions, the ambition for a cleaner energy mix in Asia remains. Energy efficiency and technological advancements will each play a critical role in the transition to renewable energy – as will government support.
2. Carbon tax is often cited as a potential solution to lowering CO2 emissions, however, increased innovation and competition will likely be more impactful.
3. Over the next 10 years, Southeast Asia will prove suitable for the adoption of clean energy. But countries across the region remain focused on the ability to access power at the most reasonable price. Cost advantages will therefore be key in finding the right energy mix.
Find out more about SIEW 2019 and the theme, Accelerating Energy Transformation, here.
“Renewable energy has a real chance of helping us achieve the UN Sustainable Development Goals”: Sharad Somani, KPMG
05.00 PM
Sharad Somani, Executive Director and ASPAC Head – Power and Utilities, KPMG spoke about trends and opportunities in the global renewable landscape. Among KPMG’s predictions is that ASEAN will lead renewable energy deployment within the next decade.
ASEAN’s renewables sector will benefit from its strong eco-system – driven by the established financial institutions and funds in Singapore and the extensive successful renewable development experience across the rest of Asia.
KPMG sees the implementation of renewable energy projects in support of the United Nations Sustainable Development Goals. New funds will continue to flow into ASEAN renewable markets, with renewable deals volume to continue growing in ASEAN.
Download KPMG’s presentation slides here.
“There is a compelling need to move to clean energy and accelerate the pace of change”: Zee Loh, Shell
04.00 PM
In his presentation on the Shell LNG Outlook 2019, Zee Loh, General Manager of Shell Energy Singapore discussed the continued need for investment in LNG supply to meet Asia’s long-term demand growth.
Asian LNG imports continued to exceed expectations in 2018, with demand absorbing supply growth.
There is growing recognition of the role of gas and LNG as the world tackles poor air quality and climate change.
For more key trends in the LNG landscape, download the full Shell LNG Outlook 2019 report.
SIEW 2019: “Accelerating Energy Transformation” – 29 Oct to 1 Nov
03.15 pm
This year, SIEW’s theme will focus on “Accelerating Energy Transformation”.
The energy landscape continues to experience major shifts. Global energy demand is expanding, and this is especially pronounced in Asia. The growth in energy demand will also be driven by electrification of transportation, industries and buildings. This demand has been supported by increased supply of oil and gas, lowered cost of renewables and technological advancements in energy storage. However, there remain concerns over meeting climate change commitments, even as renewable energy investments hit record highs.
Against this backdrop, SIEW will provide a platform for global energy stakeholders to deliberate on and accelerate the transformation towards a more sustainable energy future.
SIEW 2019 Global Launch LIVE
02.55 PM
Going live soon from Sands Expo and Convention! You can view the event right here or on Facebook.
Welcome to the SIEW 2019 Global Launch!
2.30 PM
We’re at Marina Bay Sands and looking forward to the Global Launch of Singapore International Energy Week (SIEW) 2019.
Catch the Opening Remarks by Ngiam Shih Chun, Chief Executive, Energy Market Authority, who will also be unveiling the theme for SIEW 2019.
Hear from Zee Loh, General Manager of Shell Energy Singapore, and Sharad Somani, Executive Director and ASPAC Head – Power and Utilities, KPMG. The speakers will share their insights and perspectives on the LNG and renewables sectors, respectively.
Join us live on Facebook at 3.00pm today as we reveal what’s new and exciting at SIEW 2019. You can also get key updates from the event right here and on Twitter @SIEW_sg.