International Energy Agency (IEA)

Investment in Reliable, Sustainable and Affordable Power in Southeast Asia

Organiser International Energy Agency (IEA)
Date 1 Nov 2019, 09:00 - 12:00 hrs
Venue Sands Expo and Convention Centre, Marina Bay Sands Singapore

Meeting Southeast Asia’s energy needs and policy priorities will depend on mobilising much higher levels of capital for renewables, energy efficiency and flexible infrastructure. In recent years, energy investment in Southeast Asia has trended downward, even as a greater share of spending has gone to support rising demand in the power sector. State-backed capital has played an important role, but further mobilising investment requires broader participation from the private sector, enhanced by the targeted use of public funds.

Attracting adequate capital at an affordable cost of finance will be contingent on addressing the risks that impact the bankability of projects. To this end, the level of policy commitment and implementation towards meeting long-term goals and strategies is critical. IEA and Singapore Energy Market Authority have supported these efforts by developing a Capacity Building Roadmap on Clean Energy Investment and Financing, which was endorsed by ASEAN energy ministers in 2018.

Building on insights from the IEA Southeast Asia Outlook and World Energy Investment reports, this Roundtable will explore key issues in enhancing regional capabilities to attract investment in clean energy and develop sustainable financing models.

Potential discussion topics may include:

  • How can the financial sustainability of power systems in the region be enhanced?
  • What are the principal risks affecting the bankability of renewables projects and how can better procurement frameworks and well-designed instruments address these risks?
  • What are the priorities for improving the availability of financing in the region and reducing the cost of capital?
  • How can Southeast Asia markets promote integrated approaches to investment that better take into account the role of efficiency, distributed solutions and flexible infrastructure?
09:00 - 09:25 hrs Investment in reliable, sustainable and affordable power in Southeast Asia
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Presentation: Investment in reliable, sustainable and affordable power in Southeast Asia - Insights from the 2019 Southeast Asia Energy Outlook

09:25 - 10:30 hrs Session 1: Risks, policies and investment opportunities for renewables in Southeast Asia
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This session will explore the following questions:

  • What have been the key drivers guiding investment decisions in renewables in Southeast Asia and what risks and barriers are holding them back?
  • How can enhanced policy frameworks, well-designed financial mechanisms, and new business models (corporate PPAs) address persistent risks and create investment opportunities?
  • What are the key near-term actions that governments, industry and the finance community can take to improve the availability of financing and reduce the cost of capital?
10:30 - 11:00 hrs Coffee break
11:00 - 11:55 hrs Session 2: Market and investment environment to transform the power sector
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This session will explore the following topics:

  • How can the financial sustainability of power systems in the region be enhanced and the financial risks for incumbent actors and assets managed?
  • What key regulatory and market design features would support investment in flexibility (grid infrastructure, storage and other assets) to integrate higher shares of renewables?
  • What roles can new actors and integrated business models – e.g. investment in demand-side and distributed assets – play in more sustainable and reliable systems? How can these areas attract finance? 

Speakers

Moderators

International Energy Agency (IEA)

Investment in Reliable, Sustainable and Affordable Power in Southeast Asia


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