Day 3 Wrap-Up: Dynamic Discussions and Fresh Insights at SIEW 2024

Day 3 of the Singapore International Energy Week (SIEW) 2024 saw the opening of several events, including the Singapore-US Forum, SIEW Energy Insights and SIEW TechTable.

Here's a recap of Day 3's highlights:

• Singapore-US Forum: Navigating Hydrogen Deployment in the Energy Transition
• Singapore-US Forum: Advancing Hydrogen Technology Commercialisation in Asia
• SIEW Energy Insights: Financing Inclusive Pathways to Sustainable Energy

Looking ahead, Day 4 promises to bring even more engaging and in-depth discussions.

The highly anticipated Asia Carbon Summit will bring together leading experts, policymakers, and industry leaders to share insights on the rapidly evolving carbon markets. The SIEW Thinktank Roundtables will debut with two sessions, diving deep into topics ranging from nuclear energy to sustainable aviation fuels.

What has been your most significant takeaways from SIEW 2024 so far? Let us know by participating in our quick survey.

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Stay connected with live updates via our Live Blog. Follow @SIEW_sg on Telegram and Twitter for key takeaways throughout Day 3!

SIEW TechTable: How Flow Batteries Fit into the Net Zero Picture

As the global energy transition progresses, challenges like the intermittency of renewable energy sources persist. Long-Duration Energy Storage (LDES) technology, such as flow batteries, promises to overcome this.

VFlowTech is leading the charge with a pilot project on Jurong Island, Singapore, advancing sustainable energy storage and supporting decarbonisation. Dr Avishek Kumar, Co-Founder and Chief Executive Officer, VFlowTech, shared insights on how flow batteries can serve as an effective long-duration storage solution.

• Solar energy costs have dropped significantly, making it the most affordable form of energy. However, intermittency continues to limit solar's full potential.
• Long-Duration Energy Storage, especially through flow batteries, offers a critical solution to overcome these intermittency challenges.
• Flow batteries can charge for approximately 10 hours. They can then discharge stored energy for 10 to 15 hours, offering a reliable solution to addressing intermittency challenges.
• VFlowTech has turned this technology into a commercially viable product. This is being showcased through its pilot project on Jurong Island, Singapore.
• This initiative plays a pivotal role in enhancing clean energy storage capacity and advancing decarbonisation goals.

With live updates via our Live Blog. Follow @SIEW_sg on Telegram and Twitter for key takeaways throughout Day 3!

SIEW TechTable: How Closed-Loop Geothermal Reduces Risk and Boosts Reliability for Global Clean Energy

Contributed by Lee Mian Rong, EMA

Can geothermal energy be the key to unlocking global clean energy autonomy?

In this SIEW TechTable session on "Enabling Local Clean Energy Autonomy, Everywhere", Paul Cairns, Chief Business Development Officer, Eavor Technologies Inc, revealed more. He shared how next-generation closed-loop geothermal systems are set to transform energy autonomy.  

As the presentation unfolded, several critical insights emerged, shedding light on how this innovative technology could shape the future of clean energy. 

• Traditional open-loop geothermal faces significant challenges due to subsurface risk and scalability issues. Small operators struggle with risk, and large operators need substantial market opportunities.
• Next-generation closed-loop systems, such as Eavor-Loop™, have little to no subsurface risk. They enable deeper and more consistent drilling, offering a scalable solution for global clean energy deployment. It can be implemented in a variety of environments, enhancing energy reliability worldwide.
• While this technology holds significant promise, current costs remain a barrier to widespread adoption.
• The solution lies in collaboration. People, partnerships and supply chains are essential to overcoming these challenges and enabling the successful development of geothermal technology.
• The geothermal industry also faces potential workforce shortages, particularly in engineering and geoscience fields. Efforts to attract new talent and develop the necessary expertise will be essential to sustaining growth and innovation in the sector.

Stay connected with live updates via our Live Blog. Follow @SIEW_sg on Telegram and Twitter for key takeaways throughout Day 3!

SIEW TechTable: Superhot Geothermal Ushering in New Era of Renewable Energy

Contributed by Naomi Cole Lam Ying Tong, Singapore University of Social Sciences

Superhot geothermal energy is unlocking new potential for sustainable energy globally.

In this session on "Superhot Geothermal: A Renewable Baseload Energy Solution" at SIEW TechTable, Sheena Thomas, General Manager Research Strategy and Partnership, GNS Science, explored the economic potential and global impact of the use of superhot geothermal.

By tapping into hotter and deeper geothermal resources, this technology could revolutionise low-emissions, reliable, and renewable energy production, with New Zealand serving as an ideal testbed for innovation.

• New Zealand's geothermal advantage comes from its volcanic regions, providing access to a reliable energy source unaffected by weather conditions.
• Superhot geothermal, or supercritical geothermal energy taps into deeper and hotter wells. It produces higher heat content with lower density compared to conventional geothermal energy. With shallow land formations, New Zealand's unique geology makes the country an ideal testbed for advancing geothermal innovations.
• Global collaboration is essential to push geothermal innovation forward. New Zealand's accessible crust makes it an attractive site for international partnerships in engineering, material science, and power plant technology. This will benefit renewable energy systems worldwide.

Stay connected with live updates via our Live Blog. Follow @SIEW_sg on Telegram and Twitter for key takeaways throughout Day 3!

SIEW TechTable: How Liquid Cooling is Transforming Energy Use in Data Centres

As artificial intelligence (AI) continues to transform industries, its infrastructure demands are placing immense pressure on data centres.

In this SIEW TechTable session, titled "Liquid Cooling Technology is Ready to Enable the Acceleration of AI", Luca Melluso, Vice President, Customer Solutions, AirTrunk, and Jose Castaneda, Vice President Innovation and Intelligence, AirTrunk, shared insights on how liquid cooling technology is driving energy efficiency. They discussed how it supports the growing demand for AI-powered applications

• The rise of AI and cloud-based services is rapidly increasing the energy demand of data centres, pushing the limits of traditional cooling methods.
• AirTrunk's hyperscale computing architecture improves energy efficiency, reducing energy consumption by 35 percent compared to traditional on-premises setups. This reduction is crucial for managing the increasing energy demands of AI-powered workloads.
• AI GPUs, when concentrated in confined spaces for performance gains, can generate significant heat. This can potentially affect hardware reliability and longevity.
• Liquid cooling offers a more efficient alternative to traditional air cooling. Liquid cooling systems excel at dissipating heat, ensuring optimal operating conditions for AI-powered hardware while reducing energy consumption.

Stay connected with live updates via our Live Blog. Follow @SIEW_sg on Telegram and Twitter for key takeaways throughout Day 3!

SIEW Energy Insights: Women Pioneering Innovation in Sustainable Energy

At the SIEW Energy Insights panel on "Women Driving Innovation in Sustainable Energy Technologies and Solutions", prominent female leaders shared their experiences.

The panel featured Kanika Chawla, Chief of Staff, Sustainable Energy for All; Fai K. Aldossary, Managing Director of Singapore, Aramco; Valerie Lee, Head, Corporate Affairs (SG & SEA), Sembcorp; and Lovey Dashottar, Senior Vice President, Chief Sustainability Office, DBS Bank. Moderating the panel was Laura Ashton, Co-Founder and Chief Executive Officer, Low Carbon Advisors.

Together, they explored how women are fostering innovation, inclusivity, and advancing sustainable energy technologies for a more resilient and interconnected energy future. 

• Diverse perspectives drive innovation in sustainable energy, from clean cooking and energy access technologies.
• Science, Technology, Engineering, and Mathematics (STEM) programmes and early partnerships with universities are critical for nurturing female talent, as demonstrated by Aramco and DBS initiatives.
• Inclusive leadership and supportive policies, such as flexible working hours and mentorship, are essential to retain women in technical roles.
• Collaboration between government and industry is key to advancing women’s leadership in energy innovation, with transparency playing a crucial role.
• Sharing best practices across regions is helping to enhance women’s representation in the energy sector, with notable examples from Singapore and Saudi Arabia.

Stay connected with live updates via our Live Blog. Follow @SIEW_sg on Telegram and Twitter for key takeaways throughout Day 3!

SIEW Energy Insights: Tackling Intermittency with Advanced Storage and P2X Solutions

At SIEW Energy Insights, Dr Owen Chen, Chief Technology Officer & Vice President, Concord New Energy Group, discussed how the company is addressing renewable energy intermittency through advanced energy storage systems and Power-to-X (P2X)  technologies.

His session, titled "The Practice and Exploration of Renewable Energy Development by Concord New Energy", provided key insights into these innovations.

• Energy storage and P2X technologies are central to overcoming the challenges of renewable energy intermittency.
• Recent projects include innovative Battery Energy Storage System (BESS) deployments and P2X initiatives in Singapore.
• Concord New Energy collaborates with Nanyang Technological University of Singapore to enhance system modelling, safety, and optimisation for energy storage solutions

Stay connected with live updates via our Live Blog. Follow @SIEW_sg on Telegram and Twitter for key takeaways throughout Day 3!

SIEW TechTable: Scaling Up the Potential of Geothermal Energy

Contributed by Alika Koh, EMA

Professor Alessandro Romagnoli, Energy Research Institute @ Nanyang Technological University, discussed Singapore's geothermal energy potential and the levers for successful geothermal development.

• More than 35 percent of the world’s geothermal activities are in Southeast Asia. Results from a recent geothermal exploratory study indicate that the potential of geothermal energy is comparable to the global average in other geological sites.
• The affordability of geothermal development remains a core concern for geothermal to compete with other sources of electricity. Prof Romagnoli highlighted that in the context of Singapore’s energy landscape, Enhanced Geothermal Systems (EGS) can facilitate more cost-effective geothermal development compared to other technologies.
• With artificial intelligence getting traction in the energy sector, Prof Romagnoli sees the potential for such tools to be used to cultivate human capital and technical expertise in geothermal. 

Stay connected with live updates via our Live Blog. Follow @SIEW_sg on Telegram and Twitter for key takeaways throughout Day 3!

Natural Gas and Renewables: Balancing Stability in Energy Transition

The panel at the SIEW Energy Insights moderated by Atul Nargund, Senior Vice President, LNG Market and Business Solutions, Singapore LNG Corporation, discussed the role of natural gas in the energy transition. The speakers emphasised its long-term importance despite the rise of renewables.

Panellists included Paula Conboy, Senior Counsel, Sussex Strategy Group; Izumi Kai, Chief Executive Officer, JERA Asia; Peter Wong, Managing Director, The Hong Kong and China Gas Company; and Jarrod Ball, Board Member, Australian Energy Regulator. Key areas of discussion included:

• Natural gas in energy transition: Natural gas plays a vital role in long-term energy transitions, especially for data centres and growing populations. Efforts focus on low carbon alternatives and addressing renewable energy intermittency through control storage.
• Energy price management: Utilising local fuels like natural gas is crucial for managing energy demand amid fluctuating prices, especially in Asia. The potential for low carbon fuels like hydrogen is particularly significant in Singapore.
• Regulatory and consumer challenges: Balancing energy costs, regulatory challenges, and consumer protection is key, with a focus on maintaining investments while transitioning away from gas in residential markets.
• Renewable energy and stability: The integration of renewables requires managing stability and product security, with an emphasis on collaboration between industry, regulators, and consumers, as well as technology development and network planning.
• Energy storage and flexibility: Energy Storage Systems (ESS) are essential for handling intermittent renewable energy generation. The potential for hydrogen production integrated with renewables is also a focus for scalable solutions.

Stay connected with live updates via our Live Blog. Follow @SIEW_sg on Telegram and Twitter for key takeaways throughout Day 3!

SIEW TechTable Kicks Off with Spotlight on Carbon Capture and Storage Solutions

At the opening of SIEW TechTable, experts discussed ASEAN’s role in the clean energy transition, with a focus on carbon capture and storage solutions and other low carbon innovations 

• ASEAN stands to benefit immensely from energy interconnectivity: Chua Shun Loong, Assistant Chief Executive, Sustainable Supply Division, Energy Market Authority (EMA), shared that ASEAN can benefit significantly from technologies that enable long-distance power transmission and grid integration.
  
• Carbon capture and storage is a critical part of emission reduction: Mohammed Y. Al Masrahi, Director of Global Analysis, Aramco, stressed that carbon capture and storage (CCS) technologies are essential for reducing emissions, especially in hard-to-abate sectors like cement and heavy industry.
  
• Affordability and scalability remain key to CSS adoption: In a fireside chat, Mr Al Masrahi joined Landon Derentz, Senior Director, Morningstar Chair, Global Energy Security, Atlantic Council, to discuss how substantial investment in technology development and policy incentives are needed to make CCS cost-effective and competitive.
  
• Cost of carbon transport remains a barrier to adoption: Mr Al Masrahi noted that building sequestration infrastructure closer to emission sites, or developing carbon hubs, could significantly reduce transportation costs and enhance the feasibility of large-scale CCS projects. 
  

Stay connected with live updates via our Live Blog. Follow @SIEW_sg on Telegram and Twitter for key takeaways throughout Day 3!

SIEW TechTable: Exploring Scalable Energy Solutions from Fusion to Fission

In two insightful sessions at SIEW TechTable, experts explored how both fusion and fission energy can address climate challenges and Southeast Asia's energy needs.

On the session titled "Fusion Energy: The Solution at Scale of the Climate Problem", Jennifer Ganten, Chief Global Affairs Officer, Commonwealth Fusion Systems, showcased tritium's potential as a scalable energy solution.

For the session on "Ensuring Nuclear Innovation with Robust Nuclear Safety and Risk Management", Dr Jean-Christophe Niel, Director General, Institute for Radiation Protection and Nuclear Safety, spoke about the maturity of reactor designs for Southeast Asia's growing interest. Here are the key takeaways:

• Fusion energy offers a scalable, zero emissions solution to the climate crisis. Tritium, an isotope of hydrogen, could be a compelling source of energy due to its abundance and potential to generate sufficient heat for electricity generation.
• Tritium is commonly used today. It can be found in the "glow" of diver watches and the green exit signs we are accustomed to. Its energy-generating potential comes from the heat created during fusion, which can be harnessed to power turbines for mainstream electricity grids.
• Tritium was traditionally a by-product of the fission industry. Today, fission operators see potential value and a new market for Tritium.
• Reactor designs for Small Modular Reactors (SMRs) have matured significantly over the decades, with strict safety protocols in place. Certain technologies are prohibited in fast-neutron reactors (FNRs) to maintain safety standards.

Stay connected with live updates via our Live Blog. Follow @SIEW_sg on Telegram and Twitter for key takeaways throughout Day 3!

SIEW TechTable: Greening Aviation in Asia Pacific with Sustainable Fuel

Contributed by Goh Xiang Lin, Singapore University of Social Sciences

Sustainable Aviation Fuel (SAF) is emerging as a key solution to decarbonising the aviation sector.

In SIEW TechTable's segment on "Sustainable Aviation Fuel: Driving the Growth of Greener Aviation in Asia Pacific", Steven Bartholomeusz, Head of Public & Regulatory Affairs, Asia Pacific, Neste, highlighted the potential of SAF to reduce emissions. He also addressed the barriers to its adoption and emphasised the critical role of supportive policies in driving SAF's growth.

Here are key insights from the presentation.

• Aviation emissions currently account for around 3 percent of global greenhouse gas emissions. With the growth of the aviation sector, emissions could rise to over 20 percent by 2050 if no intervention is taken. SAF has the potential to cut emissions by around 65 percent.
• Production capacity is a major challenge for scaling SAF. The availability of feedstock, such as used oils and fats, is insufficient to meet future demand.
• Supportive policy frameworks are vital to scaling SAF. Policies like the US Inflation Reduction Act have already spurred significant investment, with Japan and Europe introducing similar policies. As aviation grows, policies must continue evolving to ensure stable demand and investment in SAF.

Stay connected with live updates via our Live Blog. Follow @SIEW_sg on Telegram and Twitter for key takeaways throughout Day 3!

SIEW Energy Insights: Advancing 24/7 Carbon-Free Energy in APAC's Clean Energy Transition

At the SIEW Energy Insights session on "24/7 Carbon Free Energy Efforts in APAC", Giorgio Fortunato, Head of Clean Energy & Power, Asia Pacific, Google, discussed the company's strategy to achieve 24/7 carbon-free energy across the region.

Mr Fortunato highlighted Google's focus on energy efficiency, tailored clean energy solutions, and the importance of collaboration.

• Commitment to energy efficiency: Google's data centres are 1.8 times more efficient than typical enterprise centres. In 2023, flexible compute goals were introduced to reduce energy consumption during high-demand grid periods.
• Tailored clean energy solution: The company's investments in solar projects vary across markets. Ongoing key projects in Taiwan, Japan, Australia, India, and Singapore- reflect the need for region-specific approaches.
• Advanced clean technologies and nuclear energy: These are crucial to bridging gaps in wind and solar production. Google's sustainable biomass energy plan in Singapore is set to be commercially viable by 2026.
• Collaborative synergy: As a founding member of the Asian Energy Coalition, Google works with industry partners and governments to enhance policies for corporate green energy procurement. This collaboration drives progress towards its goal of achieving 24/7 carbon-free energy.

Stay connected with live updates via our Live Blog. Follow @SIEW_sg on Telegram and Twitter for key takeaways throughout Day 3!

From Kitchen Gas to Sustainable Aviation Fuels: The Clean Energy Journey for Towngas

At SIEW Energy Insights, Peter Wong, Managing Director, Hong Kong and China Gas Company outlined the company transformation beyond traditional gas supply. He highlighted Towngas's expansion into new opportunities in hydrogen, sustainable aviation fuel (SAF), and methanol.

• “Asians love flame cooking,” Mr Wong remarked in a light-hearted moment during his session, as he illustrated how the company evolved and diversified from its traditional gas business to developing clean energy solutions. Towngas currently serves a customer base of 44 million households.
• Beyond serving households, Mr Wong highlighted the opportunities in emerging clean energy sectors such as hydrogen, SAF and methanol.
• Looking beyond the market potential in Hong Kong, Towngas is building new SAF manufacturing facilities in Malaysia and China – spurred by the global shift towards low carbon energy solutions.

Stay connected with live updates via our Live Blog. Follow @SIEW_sg on Telegram and Twitter for key takeaways throughout Day 3!

SIEW Energy Insights: Financing Inclusive Pathways to Sustainable Energy

Equitable access to sustainable energy is critical for a just transition. Dr Sama Bilbao y León, Director General, World Nuclear Association, and Assaad Razzouk, Chief Executive Officer, Gurin Energy, discussed how financial institutions and the private sector can drive inclusive financing.

The panel explored green bonds, just transition models, and international climate finance for developing countries.

• Developing and developed countries have different energy priorities. Developing countries focus on ending energy poverty. Developed countries prioritise decarbonisation.
• Financing clean energy projects requires three essential foundations: lowering capital costs, distributing financial risk among stakeholders, and improving revenue streams to make projects viable.
• Singapore is working to establish a regional grid with its ASEAN neighbours, issuing Requests for Proposals to facilitate the import and trade of renewable energy.
• China is rapidly scaling up green technologies such as solar, wind, and electric vehicles. This expansion could drive down manufacturing costs by over 90 percent, and help to stabilise the global supply chain for these technologies.

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Stay connected with live updates via our Live Blog. Follow @SIEW_sg on Telegram and Twitter for key takeaways throughout Day 3!

Singapore-US Forum: Key Imperatives to Scale the Hydrogen Economy

Contributed by Alika Koh, EMA

At the Singapore-US Forum, the American Society of Mechanical Engineers (ASME) presented the latest standards to support the production, transport and usage of hydrogen. The event concluded with the closing remarks from Aileen Nandi, Minister Counsellor for Commercial Affairs - ASEAN, US Commercial Service, US Embassy in Singapore. Ms Nandi outlined the need for strengthened collaboration across the value chain to drive the hydrogen economy.

• Overcoming the unique challenges of hydrogen: The distinct properties of hydrogen present unique challenges that require comprehensive standards to support hydrogen developments, particularly for storage and transport systems.
  
• Collaborating to scale the hydrogen economy: Effective integration of hydrogen requires collaboration among industry, government, and academia- to foster an ecosystem conducive to hydrogen investment and deployment.

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Stay connected with live updates via our Live Blog. Follow @SIEW_sg on Telegram and Twitter for key takeaways throughout Day 3!

Singapore-US Forum: Advancing Hydrogen Technology Commercialisation in Asia

Contributed by Alika Koh, EMA

Industry experts explored the challenges and opportunities in scaling hydrogen technologies, highlighting strategies to accelerate commercialisation across Asia. 

Speakers included Vipul Tuli, Chairman, South Asia, CEO, Hydrogen Business & Middle East, Executive Director, UK, Sembcorp; Svein Erik Oeiestad, Head of Business Development and Sales in Singapore, Amogy; Hayley Pham, Vice President, AP Business Development, Low Carbon Solutions, ExxonMobil Asia Pacific; and Kazunari Fukui, Asia Decarbonization Leader, GE Gas Power.

These were the takeaways at the Singapore-US Forum session on "Supporting Commercialisation of Hydrogen Technologies". 

• Active engagement and harmonisation of standards are crucial to scaling the hydrogen industry and lowering costs. This will ensure consistent approaches across the markets.
• Policies should support long-term investments in hydrogen and clean energy. A technology-neutral approach, focused on carbon intensity and emissions reduction, will enable a diverse portfolio of solutions and a more gradual transition pathway.
• Countries can collaborate to establish a resilient hydrogen supply chain. Singapore can play a pivotal role as a key staging point for holding and transferring hydrogen inventory, enhancing regional supply chain resilience.

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Stay connected with live updates via our Live Blog. Follow @SIEW_sg on Telegram and Twitter for key takeaways throughout Day 3!

Singapore-US Forum: Navigating Hydrogen Deployment in the Energy Transition

Contributed by K A Habib Noor, EMA

At the Singapore-US Energy Forum, experts from finance and development institutions tackled the complex landscape of hydrogen deployment.

Priyantha Wijayatunga, Senior Director, Energy Sector Office, Asian Development Bank; Douglas Midland, Managing Director, Jakarta, DFC; Jianrong Liu, Investment Director, Decarbonisation Partners; and Xueyong Chin, Senior Vice President, Project Finance, Institutional Banking Group, DBS Bank, explored the pivotal role of financing, policy frameworks, and global collaboration in scaling hydrogen projects across the region.

• Commercial viability, policy uncertainty, and the lack of harmonised standards remain major challenges in scaling hydrogen projects globally.
• Development banks, such as the Asian Development Bank (ADB) and the Development Finance Corporation (DFC), are essential in financing hydrogen deployment, especially in emerging markets. They take a technology-agnostic approach, focusing on overall project feasibility. 
• Southeast Asian countries are adopting specialised roles in hydrogen development. Singapore is focusing on end-user applications and distribution, while India is emphasising hydrogen production. 

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Stay connected with live updates via our Live Blog. Follow @SIEW_sg on Telegram and Twitter for key takeaways throughout Day 3!

SIEW Energy Insights: Unlocking Economic Growth with ASEAN Power Grid Collaboration

The launch of SIEW Energy Insights began with Welcome Remarks from Puah Kok Keong, Chief Executive, Energy Market Authority. This set the stage for discussions on energy connectivity and collaboration across ASEAN.

This was followed by Dr Daniel Gaspar, Deputy Director, Net Zero World Initiative, who presented the Singapore-US Feasibility Study on Regional Energy Connectivity, outlining the economic benefits of a unified power grid.

In a subsequent panel discussion, on "Interconnected Regions: Paving the Way for a Sustainable Future", industry leaders explored strategies to turn regional energy collaboration into reality. On the panel were Mr Puah; Dr Gaspar; Eka Satria, President Director, Medco Power Indonesia; and Mitesh Patel, Interim CEO and COO, SunCable.

• The Singapore-US Feasibility Study on Regional Energy Connectivity found that ASEAN-wide interconnectivity could reduce electricity costs by 3-3.9 percent. It could also increase Gross Domestic Product (GDP) by 0.8-4.6 percent per country.
• The study also highlighted that subsea interconnector power cables have a lower rate of external faults compared to older telecom cables. However, they face a higher risk of internal faults, indicating a need for further investment in maintenance and reliability.
• A robust regulatory framework is essential to ensure that countries contributing to the regional grid understand how the benefits will be shared across ASEAN. This will facilitate smoother collaboration on the regional power grid.
• Effective communication with citizens—on the benefits of regional energy interconnectivity—is essential to gain public support. Indonesia was cited as an example. Getting buy-in could help boost the country's economic growth beyond the prevailing 5.5 percent annualised rate as well as attract foreign investment.
• Regional energy interconnectivity can drive economic transformation by creating new opportunities for cross-border partnerships. It also fosters a more sustainable and integrated energy future for ASEAN. 

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Stay connected with live updates via our Live Blog. Follow @SIEW_sg on Telegram and Twitter for key takeaways throughout Day 3!

Singapore-US Forum: Partnerships to Fuel Hydrogen Innovation and Energy Transition

Contributed by Lee Mian Rong, EMA

Low Yen Ling, Senior Minister of State, Ministry of Trade and Industry, and Ministry of Culture, Community and Youth, and Jonathan Kaplan, United States Ambassador to Singapore, opened the Singapore-US Forum – highlighting the collaborative efforts required to drive energy innovations in the region.

• Strengthening energy collaboration: Ms Low outlined the robust partnership between Singapore and the US to advance energy developments. She added that the two nations will continue to drive key initiatives such as the Net Zero World Initiative and the Partnership for Growth and Innovation.
• Hydrogen as a decarbonisation pathway: Hydrogen plays a pivotal role in Singapore's sustainability efforts. The National Hydrogen Strategy, launched in 2022, focuses on promoting low carbon hydrogen solutions. Progress has also been made in areas like ammonia supply chains for power generation and bunkering.
• Growing partnerships for hydrogen deployment: To scale hydrogen technologies, strong international and cross-sector partnerships are essential. Research, pilot projects, and the exchange of best practices will be key to overcoming current challenges. Singapore and the US are well-positioned to lead in hydrogen deployment through such collaborations. According to Ambassador Kaplan, the US has committed over US$9.5 billion towards hydrogen deployment.
• From research to real-life applications: While hydrogen technology is advancing rapidly, its value chain remains complex. Partnerships will be key to broaden hydrogen adoption through initiatives that can support knowledge sharing and accelerate the next generation of hydrogen solutions.

Stay connected with live updates via our Live Blog. Follow @SIEW_sg on Telegram and Twitter for key takeaways throughout Day 3!

Asian Downstream Summit 2024: Singapore to Advance Carbon Capture and Low Carbon Fuels

In her Opening Address at the Asian Downstream Summit 2024, Low Yen Ling, Senior Minister of State, Ministry of Trade and Industry and Ministry of Culture, Community and Youth, highlighted Singapore’s commitment to advancing carbon capture and low carbon fuels for a sustainable energy future.

• Carbon capture and storage (CSS) as key enablers for net zero: Ms Low emphasised that CCS offers a viable solution to manage emissions from heavy industries while supporting the continued use of hydrocarbons during the energy transition.
• Public-private partnerships can help drive innovation: Ms Low cited the S Hub consortium with major energy players like Shell and ExxonMobil, as an example of how public-private partnerships can advance CSS project development.
• Two consortiums have been shortlisted to study ammonia as a low carbon fuel: Singapore will continue to explore ammonia’s potential as a low carbon fuel for both power generation and maritime bunkering.
• Singapore is partnering with academia and industry to advance technologically nascent solutions: Under the Low Carbon Energy Research Funding Initiative, Singapore has committed S$180 million towards research and development that focuses on technologies such as hydrogen, ammonia, and CCS.
• Singapore’s Future Energy Fund (FEF) will accelerate clean energy solutions: With an initial S$5 billion injection, the FEF will support infrastructure investments by de-risking investments in emerging low carbon solutions.

Stay connected with live updates via our Live Blog. Follow @SIEW_sg on Telegram and Twitter for key takeaways throughout Day 3!

Future of the Grid: Advancing Grid Transformation with Smart Solutions

Delivering the keynote address at Future of the Grid conference, Richard Lim, Chairman, Energy Market Authority (EMA) announced comprehensive initiatives to transform Singapore's future grid.

• Regional power grids are key to Singapore achieving net zero emissions by 2050. Projects such as the Lao PDR-Thailand-Malaysia-Singapore Power Integration Project have demonstrated the feasibility of multilateral and multidirectional electricity trade.
• Singapore is taking steps to develop a flexible power system and exploring ways to provide demand response without large infrastructure enhancements. Building on encouraging results from a regulatory sandbox introduced in January 2023, Singapore’s demand response capacity has more than doubled from 46MW to 103MW. Mr Lim announced that EMA will mainstream the features from the sandbox into its regular demand response programme.
• Other initiatives announced included a collaboration with Sembcorp to reduce the land footprint of its Battery Energy Storage Systems (BESS). Additionally, grants totalling close to S$8 million were awarded to two energy storage R&D projects under the second Energy Storage Grant Call.

Stay connected with live updates via our Live Blog. Follow @SIEW_sg on Telegram and Twitter for key takeaways throughout Day 3!

SIEW 2024 Day 3: A Power-Packed Agenda Ahead

Expect high-level discussions on innovation and collaboration driving energy transformation on Day 3 of the Singapore International Energy Week (SIEW) 2024.

At 9.10am, Mr Richard Lim, Chairman of the Energy Market Authority, will deliver a keynote at Future of the Grid. Singapore's only grid-focused event will explore strategies to enhance the national grid's readiness for increased renewable integration and electricity imports.

Later at 9.30am, Singapore's Senior Minister of State, Ministry of Culture, Community and Youth & Ministry of Trade and Industry, Ms Low Yen Ling, and US Ambassador to Singapore Jonathan Kaplan will deliver keynotes at the SG-US Forum. A new event, the forum will explore how ASEAN can accelerate hydrogen adoption through financing, innovation, and public-private collaboration.

Ms Low will also speak at the Asian Downstream Summit, which will focus on advancing sustainable energy solutions in Asian petrochemicals and refining industries.

Don't miss SIEW Energy Insights and SIEW Techtable, where experts will dive into the latest in clean energy and breakthrough technologies, from carbon capture, utilisation & storage to fusion energy.

Stay connected with live updates via our Live Blog. Follow @SIEW_sg on Telegram and Twitter for key takeaways throughout Day 3!