Energy Studies Institute (ESI)

Influence of Social and Behavioural Factors on Energy Demand

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ORGANISER
Energy Studies Institute (ESI)
DATE 28 October 2021
TIME 09:30 AM - 11:30 AM
VENUE
Virtual Platform
URL

In seeking to minimise energy demand, researchers and policy makers will need to consider different policy levers that can be used to manage energy demand. While pricing mechanisms go some way towards determining energy consumption, their importance arguably diminishes with wealth, leaving open a question of what else can be done especially in middle to high income economies. Defining the determinants of energy demand clearly and managing its components will be a key part in understanding the crucial role behavioural and socio-economic factors play in consumer choices. In recent years, a considerable amount of international attention has turned towards the use of social and behavioural factors, such as the adoption of ‘social nudges’ to manage energy demand. As Singapore continues its transition towards a smart and sustainable nation, there will be more opportunities to further expand the use of such factors and ‘nudges’ to regulate energy market activity, to reduce demand in the residential and industrial sectors.

This roundtable will focus on the demand side management for energy, to better understand the influence of social and behavioural factors in relation to energy demand. It will bring together thought leaders to discuss the opportunities that exist to expand the adoption of social and behavioural factors, analyse some of the inevitable barriers and the necessary steps needed to overcome them. A key part of the discussion will focus on the incremental efforts needed to lock in the changes in energy demand.

Programme Details

Time Programme
9:30 – 9:35 Welcome and Introduction

Dr David Broadstock
Senior Research Fellow
Energy Studies Institute, NUS
9:35 – 9:45 Underlying energy demand and the potential influence of factors beyond price and income

Dr David Broadstock
Senior Research Fellow
Energy Studies Institute, NUS
9:45 – 10:05 The interplay between energy demand, natural capital and behavioural science

Prof Shunsuke Managi
Distinguished Professor of Technology and Policy
Director, Urban Institute
Departments of Urban and Environmental Engineering, School of Engineering
Kyushu University
10:05 – 10:25 Modelling the future of EV charging patterns and demand management in Singapore, from 2030 – 2040

Dr Ilya Farber
Senior Scientist
Institute for High Performance Computing
A*STAR
10:25 – 10:45 Doing the light thing: What Does Smarter Energy Usage Really Mean?

Mike Thomas
Founding Partner and Managing Director
The Lantau Group
10:45 – 11:25 Panel Discussion and Q&A

Panellists

Dr Ilya Farber
Senior Scientist
Institute for High Performance Computing
A*STAR

Prof Shunsuke Managi
Distinguished Professor of Technology and Policy
Director, Urban Institute
Departments of Urban and Environmental Engineering, School of Engineering
Kyushu University

Dr Mike Thomas
Founding Partner and Managing Director
The Lantau Group

Moderated by
Dr David Broadstock
Senior Research Fellow
Energy Studies Institute, NUS
11:25 – 11:30 Closing remarks

Watch the On-demand sessions here!

Speakers

Dr David Broadstock

Dr David Broadstock

Senior Research Fellow

Energy Studies Institute, NUS

Dr Ilya Farber

Dr Ilya Farber

Senior Scientist, Institute for High Performance Computing

A*STAR

mike thomas

Mike Thomas

Founding Partner and Managing Director

The Lantau Group

Prof Shunsuke Managi

Prof Shunsuke Managi

Distinguished Professor of Technology and Policy & Director, Urban Institute
Departments of Urban and Environmental Engineering, School of Engineering

Kyushu University

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