Contributed by Lee Mian Rong, EMA
Energy leaders at the SIEW Summit underscored the importance of diversifying energy sources and strengthening grids to build resilient power systems for the future.
In his presentation, Francesco La Camera, Director-General, International Renewable Energy Agency (IRENA), said distributed energy systems can shape the next phase of the transition. Combining renewables with hydrogen, biomass, and other sustainable fuels enhances flexibility, resilience, and shared progress towards a secure energy future.
According to Mr La Camera, annual investment in renewables will need to more than double to meet 2030 climate and energy targets. Stronger public-private financing and regional cooperation can help scale deployment and sustain progress in the transition.
Dr Fatih Birol, Executive Director of the International Energy Agency (IEA) shared his views on how countries can ensure energy security in the face of growing global electricity demand—driven by growth in data centres, artificial intelligence, electric vehicles, and cooling needs. Flexible and reliable power systems are more critical than ever.
Stay tuned as the conversation evolves throughout the day. Follow @SIEW_sg on Telegram and X (formerly Twitter) for the latest insights.