Highlights from SIEW Thinktank Roundtable Session A: ASEAN’s Energy Sector and Battery Systems Integration
The Thursday roundtable sessions explored ASEAN’s climate resilience and the need to integrate battery systems from public and private perspectives.
Presented by the ASEAN Centre for Energy (ACE), speakers at "Charting the ASEAN Energy Security and Climate Resilient" discussed ways the ASEAN energy community can ensure secure, diverse and resilient energy supply even as the world undergoes an energy transition.
Dr Zulfikar Yurnaidu, Senior Researcher and AEO Team Leader, ASEAN Centre for Energy @aseanenergy, is now sharing the different pathways of ASEAN energy system and security. #SIEW2022 #SIEWThinkTank pic.twitter.com/kzzHUMNZog
— Jason Chua (@JasonChua_) October 27, 2022
Speed of implementation, financing and lack of regulatory framework are some of the key challenges to implementing renewable energy in the region, says Jeanne Soh from Sumitomo Mitsui Banking Corporation. #SIEW2022 #SIEWThinkTank
— Jason Chua (@JasonChua_) October 27, 2022
Accelerating energy transition is essential but it should not undermine socio economic development and leave parts of ASEAN region behind. #SIEW2022 #SIEWThinkTank
— Jason Chua (@JasonChua_) October 27, 2022
The next roundtable of the day featured US government and private sector perspectives on US deployment experiences with battery energy storage systems (BESS). Speakers shared valuable lessons on these use cases, which could also benefit Asia's energy sector greatly.
According to Celeste Marshall from Office of Asian Affairs, U.S. Department of Energy, U.S. could need 40 - 100x more grid energy storage. #SIEW2022 pic.twitter.com/ZkezEWuoRL
— Jason Chua (@JasonChua_) October 27, 2022
Three BESS Market Trends says Adrian Rouse, Technical Team Lead, Deloitte.
— Jason Chua (@JasonChua_) October 27, 2022
1) Supply chain headwinds
2) Increased interests in long-duration storage
3) More hybrid projects pic.twitter.com/wHE1qm5mgT
BESS projects generally face two forms of risk - Technology and Revenue, says JD Brannock, Director, Leeward Renewavle Energy. #SIEW2022
— Jason Chua (@JasonChua_) October 27, 2022
Follow us on Twitter (@SIEW_sg) to get the latest #SIEW2022 updates throughout the day!