Highlights from Singapore Energy Summit: Securing a Resilient and Sustainable Future with Low Carbon Solutions
During the first two sessions of the Singapore Energy Summit, a distinguished panel of global energy ministers and key industry stakeholders discussed policy developments and low carbon solutions that can ensure a more resilient and sustainable energy future. Here are the highlights.
Session 1 of the Singapore Energy Summit opened with a keynote by the Premier of Sarawak, Datuk Patinggi Tan Sri (Dr) Abang Haji Abdul Rahman Zohari Bin Tun Datuk Abang Haji Openg. He stressed the importance of global collaboration to achieve climate goals. He also covered Sarawak’s efforts at decarbonisation.
Sarawak has successfully decarbonised grid emissions by 72% between 2010 and 2020, says Premier of Sarawak, Datuk Patinggi Tan Sri (Dr) Abang Haji Abdul Rahman Zohari Bin Tun Datuk Abang Haji Openg. #SIEW2022 #SingaporeEnergySummit
— SingaporeInternationalEnergyWeek (@SIEW_sg) October 25, 2022
Subsequently, speakers in the first panel focused on the pressing need for Asian governments and power stakeholders to accelerate the progress towards a net zero future. They also shared some of the action steps that countries can take to achieve decarbonisation.
When asked on how ASEAN can collectively accelerate the #energytransition, Francesco La Camera @IRENA @flacamera highlights that the window of opportunity to address #climatechange is closing. #SIEW2022 #SingaporeEnergySummit
— SingaporeInternationalEnergyWeek (@SIEW_sg) October 25, 2022
David Griffin of @SunCable1 @David_B_Griffin shares more about the unprecedented scale of the upcoming #energytransition, and how projects like the Australia-Asia PowerLink must be the first of many in the region. #SIEW2022 #SingaporeEnergySummit
— SingaporeInternationalEnergyWeek (@SIEW_sg) October 25, 2022
1. #LNG is the cleanest fossil fuel with available and ready infrastructure
— SingaporeInternationalEnergyWeek (@SIEW_sg) October 25, 2022
2. LNG provides fast power to deal with the intermittency or supply disruption of renewables
3. LNG plays a key role in moving towards the hydrogen economy.
says Alan Heng #SIEW2022 #SingaporeEnergySummit
H.E. Arifin Tasrif, Indonesia’s Minister of Energy and Mineral Resources, opened the second session of the Summit. The minister outlined Indonesia’s various renewable energy sources and the country’s decarbonisation efforts.
H.E. Arifin Tasrif @ArifinTasrif cites Indonesia's commitment to keeping the global temperature increase below 1.5C to mitigate the impact of #climatechange on the future of humankind. #SIEW2022 #SingaporeEnergySummit
— SingaporeInternationalEnergyWeek (@SIEW_sg) October 25, 2022
To reduce #emissions, H.E. Arifin Tasrif @ArifinTasrif announced the early retirement of old #coal-fired power plants in Indonesia with the support of financial institutions. #SIEW2022 #SingaporeEnergySummit
— SingaporeInternationalEnergyWeek (@SIEW_sg) October 25, 2022
Expert speakers in the second session also discussed the development of supply chains for low carbon solutions such as hydrogen and carbon capture, utilisation & storage (CCUS), which are key to decarbonisation. They also expanded on how the public and private sectors can collaborate to catalyse the development of these solutions.
When asked on the #lowcarbon technologies that can help reshape the #energy landscape in Australia, The Hon Bill Johnston MLA @BillJohnstonMLA discusses microgrids and the integration of new technologies into the main grid. #SIEW2022 #SingaporeEnergySummit
— SingaporeInternationalEnergyWeek (@SIEW_sg) October 25, 2022
Matthieu Giard, @AirLiquideGroup, describes #hydrogen as the "swiss army knife" of the #energytransition, with hydrogen key to nearly every energy transition plan on a global scale. #SIEW2022 #SingaporeEnergySummit
— SingaporeInternationalEnergyWeek (@SIEW_sg) October 25, 2022
Irtiza Sayyed of @ExxonMobil reiterates their commitment to #lowcarbon alternatives such as #CCS and #hydrogen. He highlights that #ExxonMobil is working with govts and key partners to emulate the success of the #LNG value chain in the 60s-70s. #SIEW2022 #SingaporeEnergySummit
— SingaporeInternationalEnergyWeek (@SIEW_sg) October 25, 2022
The afternoon also saw Minister for Trade and Industry Gan Kim Yong witness the signing of a Memorandum of Understanding (MOU) between Keppel Infrastructure and Greenko Group. This will see both companies explore green ammonia and reneawble energy opportunities. Dr Tan See Leng, Minister for Manpower and Second Minister for Trade and Industry, also witnessed the MOU signed between Sembcorp Industries and Japan Bank for International Cooperation (JBIC).
Sembcorp Industries and the Japan Bank for International Cooperation have signed an MOU to strengthen bilateral cooperation between @sembcorp and Japanese companies, with a focus on developing #hydrogen and #ammonia as a fuel source. #SIEW2022
— SingaporeInternationalEnergyWeek (@SIEW_sg) October 25, 2022
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