New Type of Power System Enabling a highly Efficient, Safe and Low-Carbon Energy Future - Insights from China and ASEAN
| Organiser | China Renewable Energy Engineering Institute (CREEI) and Agora Energiewende |
| Date | Session D, 26 Oct 2023, 14:00 - 16:00 hrs |
| Venue | Level 4, Orchid Junior Ballroom, 4211 and 4311, Marina Bay Sands, Singapore |
ASEAN and China have been actively increasing renewable investments and gradually accommodating more variable renewables in the power mix towards the energy transition and a sustainable energy future. Since higher integration of solar and wind means greater variability of power system operation, additional sources of flexibility are in urgent need. Both strive to develop technical flexibility, improving regulations and market designs while safeguarding power supply security and ensuring positive economic impact of renewables investment. Enabling technologies with a particular emphasis on energy storage as well as on promoting the integrated operation of source-network-load-storage, has become key strategies to support development of new power system in China and in several ASEAN countries. Grid infrastructure upgrade, large-scale interconnection, and sector coupling hydrogen has also been tapped to provide resilient electricity and support power system transition.
Against the above backdrop, this roundtable organized by CREEI and Agora Energiewende is designed to facilitate in-depth exchange on emerging technology, innovative policy instrument, regulatory framework restructuring and market designs as part of the Singapore International Energy Week:
- New features for the emerging energy system to deliver energy transition targets.
- Opportunities and challenges faced by China and ASEAN Member States (AMS) when increasing grid integration of intermittent renewables.
- Specific short- and long-term technologies to improve flexibility of the power system, such as pumped storage, sustainable hydropower, flexible high voltage direct current, smart grid, etc.
- Supporting policies, regulations and market mechanisms to establish new type of power system and avoid curtailment.
- Potential synergies between China and ASEAN countries in establishment of new type of power system.
Programme
Prof. Kevin Tu, Director Agora China
Click here to download the presentation
Click here to download the presentation
Click here to download the presentation
Click here to download the presentation
Speakers:
Panellist:
Panellist:
Fabby Tumiwa, Executive Director,Institute for Essential Services Reform
Moderator:
Marianna Morra-Skryabina, International Outreach Project Manager, Agora Energiewende
- Specific short- and long-term technologies to improve flexibility of the power system.
- Application and roles of T&D key technologies, virtual power plant, large-scale renewable energy consumption technologies, energy storage technologies and source-network-load-storage technologies;
- How T&D tariff pricing and regulatory mechanisms and grid investment planning and management can be better adapted to the building of new type of power system to accelerate power system transformation and avoid curtailment.
- Potential synergies between China and ASEAN countries in establishment of new type of power system.
- Sharing of experience in promoting the coordinated development of new energy and conventional power sources through reform and innovation of capacity compensation mechanisms;
Professor Kevin Tu, Director, Agora China
ASEAN and China have been actively increasing renewable investments and gradually accommodating more variable renewables in the power mix towards the energy transition and a sustainable energy future. Since higher integration of solar and wind means greater variability of power system operation, additional sources of flexibility are in urgent need. Both strive to develop technical flexibility, improving regulations and market designs while safeguarding power supply security and ensuring positive economic impact of renewables investment. Enabling technologies with a particular emphasis on energy storage as well as on promoting the integrated operation of source-network-load-storage, has become key strategies to support development of new power system in China and in several ASEAN countries. Grid infrastructure upgrade, large-scale interconnection, and sector coupling hydrogen has also been tapped to provide resilient electricity and support power system transition.
Against the above backdrop, this roundtable organized by CREEI and Agora Energiewende is designed to facilitate in-depth exchange on emerging technology, innovative policy instrument, regulatory framework restructuring and market designs as part of the Singapore International Energy Week:
- New features for the emerging energy system to deliver energy transition targets.
- Opportunities and challenges faced by China and ASEAN Member States (AMS) when increasing grid integration of intermittent renewables.
- Specific short- and long-term technologies to improve flexibility of the power system, such as pumped storage, sustainable hydropower, flexible high voltage direct current, smart grid, etc.
- Supporting policies, regulations and market mechanisms to establish new type of power system and avoid curtailment.
- Potential synergies between China and ASEAN countries in establishment of new type of power system.
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