Asia Pacific Energy Regulatory (APER) Forum

Joint Q&A Session

With increasing global momentum to tackle climate change, the energy transition is an urgent challenge for all countries. While low carbon energy sources are rapidly gaining ground, structural, policy and financing challenges remain. Gas, coal and electricity prices have surged in recent months leading to a power crunch globally. In Asia, LNG prices have rose to a record high of US$34.70, the highest since 2009. Several supply and demand factors, including the rebound of economic activity from COVID-19, the erratic weather patterns globally, and the decline in oil and gas production have contributed to the supply crunch.

Joint Q&A Session

Clean and renewable energy is key to decarbonising our energy systems. While renewables are rapidly gaining ground, driven primarily by the declining cost, challenges such as the issue of intermittency remains. With the growth of technological solutions such as energy storage systems and hydrogen technologies, there is a stronger suite of options to enhance energy security and system reliability. This second session will address how regulators can leverage on the various technological innovations available and discuss regulatory best practices to enhance the integration of renewables.

Joint Q&A Session

Joint Q&A Session

The clean energy transition brings a major structural change in the generation profile of electricity systems. There has been a strong emphasis on variable renewable energy generation. The introduction of new technologies, demand side response programmes and growing electrification of sectors will also impact the stability of power systems. At the same time, the electricity system and power networks have experienced disruptions caused by extreme weather events.

Joint Q&A Session