Singapore-International Energy Agency Forum

Time (GMT +8)

Programme

Securing Tomorrow’s Energy: LNG, Gas and Energy Security

As ASEAN’s energy demand continues to grow, ensuring secure, reliable and affordable energy supplies remains a key priority. While renewable energy deployment is accelerating, natural gas will continue to play a critical role as a bridging fuel to support system reliability and strengthening energy resilience during energy transition. The IEA notes that Southeast Asia is projected to contribute around 20% of global energy demand growth by 2035, underscoring the region’s growing importance in global energy markets.

Recent developments have highlighted the continued vulnerability of global energy supply chains to disruptions along key shipping corridors. This panel will examine how governments, utilities and the private sector can strengthen energy security, diversify supply sources and manage market volatility while decarbonising.

Key Discussions for Panel 1:

• What are the most significant risks and uncertainties facing ASEAN’s energy security today?
• How can ASEAN strengthen LNG supply and resilience and diversify energy sources?
• What lessons can ASEAN draw from recent disruptions affecting global energy supply chains?
• How should policymakers balance energy security, affordability and sustainability objectives in an increasing volatile environment?
• What role will LNG and other bridging fuels will play alongside growing renewable energy deployment?

Strengthening Electricity Security through the ASEAN Power Grid

As electricity becomes increasingly central to economic growth and digitalisation, ensuring secure and resilient power systems is important. Rising electrification growing demand from data centres and emerging technologies are reshaping how power systems are planned and operated. The IEA projected that electricity demand in Southeast Asia will continue rising strongly, while global data centre electricity consumption is expected to increase from about 415 TWh in 2024 to around 945 TWh by 2030, where AI is the single largest driver of this growth. The ASEAN Power Grid and cross-border power trade are critical enablers of regional electricity security. By strengthening interconnections and diversifying supply sources, the APG can improve system resilience.

The panel will explore how governments, utilities and the industry can strengthen electricity security while supporting the energy transition. Discussions will examine the role of grid modernisation, energy storage, digital technologies in enhancing system flexibility. The panel will also consider how cross-border power trade, including progress made towards the ASEAN Power Grid (APG), can contribute to a more secure and resilient power system.

Key Discussions for Panel 2:

• What are the most significant challenges to electricity security in ASEAN as electricity demand increases?
• How can the APG and cross-border power trade strengthen electricity security?
• What are the key policy, regulatory, commercial and technical barriers to enhance electricity security?
• How is the rapid growth of AI and data centres reshaping the region’s electricity infrastructure needs?
• How can governments, utilities and the industry can strengthen electricity security?