Views from Singapore Energy Summit: Transition, Economy and Innovation

Top highlights from Singapore Energy Summit, as government officials and industry stakeholders come together to discuss the pivot to a low carbon energy future.

Prominent thought leaders, government ministers and senior industry stakeholders from across the energy sector debated pressing issues and highlighted the transformative forces shaping our low carbon energy future during the Singapore Energy Summit.

In the first session, panellists exchanged ideas on the challenges and opportunities across the entire energy value chain as we transform our future energy systems

To cope with increasing electricity demand, Jimmy Khoo of SP PowerGrid shares that power grids will have to:
1) Build competencies to better manage the demands of electrification
2) Digitalise control systems
3) Collaborate with partners like the government#SIEW2020 pic.twitter.com/E0SpIbSneQ

— SingaporeInternationalEnergyWeek (@SIEW_sg) October 26, 2020

Kah Peng Aw of @Shell shares how they bring customers along as they transform their operations towards greater sustainability, bringing up the introduction of more #EV charging points as an example. #SIEW2020 pic.twitter.com/idYD4P8fz2

— SingaporeInternationalEnergyWeek (@SIEW_sg) October 26, 2020

What does the future hold for regional interconnectivity in the low carbon energy transition? A Special Session dived into the latest developments in regional grids and interconnectivity.

How do we ensure that a return to normal life after #COVID19 does not result in a return to high carbon emissions? Govts must take the lead, and one way is via greater multi-lateral power trading such as in @ASEAN, says @UN_Armida of @UNESCAP at #SIEW2020

— jasonlee (@jleeyx) October 26, 2020

On the financing side of things, Seth Tan of Infrastructure Asia shares that leveraging strong private sector liquidity is a strong option for governments to consider. #SIEW2020 pic.twitter.com/0pn3OwQLOu

— SingaporeInternationalEnergyWeek (@SIEW_sg) October 26, 2020

The second session was focused on the future prospects for a low carbon economy. Panellists discussed implications for the energy sector in a post-pandemic environment, and the opportunities that lie ahead to restructure and build a low carbon energy economy. The session also featured an interview with Francesco La Camera, Director-General of International Renewable Energy Agency (IRENA).

ASEAN, as a region, is expected to contract by more than 3% for the first time in 22 years, but ASEAN will get through this COVID-19 pandemic while also building a Low carbon economy #ASEANSecretariat DG H..E. Dato Lim Jock Hoi @SIEW_sg #SIEW2020

— Jason Marcellus Yun 云友利 (@JasonMYun) October 26, 2020

.@IRENA Director-General @flacamera gave an interview during @SIEW_sg's #SIEW2020 today, explaining how investment in low-carbon technologies will add more than 5 million jobs by 2023, kick-starting economies towards a #GreenRecovery and a more resilient future. pic.twitter.com/81YdNT4NQp

— IRENA (@IRENA) October 26, 2020

We will be bringing you live updates from the Singapore Energy Summit. Stay tuned for our coverage of the special “In Conversation” session with His Royal Highness Prince Abdulazizb in Salman Al Saud, Minister of Energy, Kingdom of Saudi Arabia.

Follow us on Twitter (@SIEW_sg) to get the latest #SIEW2020 updates throughout the day!