Singapore-International Renewable Energy Agency (IRENA) High-Level Forum

“Energy Transitions: Towards tripling of renewables by 2030

Organiser Energy Market Authority and International Renewable Energy Agency (IRENA)
Date 22 Oct 2024, 14:00 - 16:50 hrs
Venue Level 4, Roselle Junior Ballroom

Qualified for 2 PDUs by Professional Engineers Board (PEB)

SIEW 2024 is Powered by Renewable Energy Certificates (RECs) provided by Geneco

As global attention turns towards tripling renewable capacity and doubling the global average annual rate of energy efficiency improvements by 2030, the next seven years will be critical in keeping our collective 1.5°C goal within reach. Realising the targets would require a holistic support for regions such as Southeast Asia, given its considerable renewable energy potential and strong demand for energy in the coming years. Accelerated actions in many areas, in particular the modernising and expansion of grid infrastructure and power system operations, setting the right policies and regulatory frameworks, and the building of resilient supply chains, supported by public-private partnerships to catalyse and support the funding of new green and transition activities such as subsea cables, will be key in attaining our collective goal of doubling our renewable energy capacity by the end of this decade.

Under the theme “Energy Transitions: Towards tripling of renewables by 2030”, the Forum will bring together government leaders and industry stakeholders to unlock and scale pathways in our road to 2030.

Programme

14:15 – 14:20 hrs Opening Address
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Christophe Inglin, Vice Chairman, Sustainable Energy Association of Singapore (SEAS)

14:30 - 14:40 hrs Financing the Energy and Transition Activities in Southeast Asia
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14:40 - 15:25 hrs Session 1: Financing the Green Energy and Transition Activities in Southeast Asia
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Presented by:

presented-by
Panellists:
 
  • Ken Haig, Head, Energy and Environmental Policy, Asia-Pacific & Japan, Amazon Web Services

As countries aim to shift towards renewables, substantial investments will be needed to develop and deploy energy technologies and modernise their grid. According to IRENA, tripling of renewable capacity by 2030 would require an average of USD 720 million per year from now till 2030. This presents both opportunities and challenges to develop innovative financial mechanisms such as blended finance, to catalyse private commercial capital for marginally bankable projects and capital-intensive assets in Southeast Asia and beyond.

15:25 - 15:35 hrs Forging A Resilient Renewable Energy Ecosystem
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15:35 - 16:20 hrs Session 2: Forging A Resilient Renewable Energy Ecosystem
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Presented by:

presented-by
Panellists:
 
  • Sharad Somani, Partner, Head of Infrastructure, Asia Pacific and Head of KPMG ESG, KPMG in Singapore

As an engine of the global economic growth, regions such as Southeast Asia play a pivotal role in addressing the challenges of climate change. In this regard, there is an urgent need to unlock the region’s considerable renewable energy potential through the development of new critical infrastructures such as subsea cables, which will play an important role in enhancing regional decarbonisation initiative such as the ASEAN Power Grid.

16:20 - 16:50 hrs Session 3: Regional Cooperation and Innovation in Accelerating the Energy Transition Towards 2030
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*Programme is subject to changes.


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Singapore-International Renewable Energy Agency (IRENA) High-Level Forum

“Energy Transitions: Towards tripling of renewables by 2030


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