siew shanghai presentation (english)
TRANSCRIPT
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| Asia to lead in global energy demand
IEA, World Energy Outlook, 2014 *Energy demand in Mtoe
Primary energy demand* and the share of global growth
• China, India and Middle East will drive one-third of global energy demand.
• By 2035, China is projected to be the largest energy consumer.
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| Southeast Asia: A region in transition ASEAN Electricity Generation Capacity
Southeast Asia’s energy demand is set to increase by over 80% between 2013 and 2035, a rise
equivalent to current demand in Japan.
• Coal is expected to remain as the dominant fuel for the region, accounting for 58% of growth in
electricity generation in ASEAN by 2035
• LNG is likely to be used as an alternative fuel to meet peak demands, provide flexibility or to address
environmental concerns
• Growing potential for renewable energy
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| A cleaner and greener Southeast Asia?
ASEAN Electricity Generation from Renewables
IEA, WEO Special Report on Southeast Asia Energy Outlook, 2013
Southeast Asia has large and untapped potential in deploying renewable energy.
• Key uses for rural electrification and diversity of energy supplies
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| Transition fuels: Southeast Asia’s LNG landscape
LNG Terminals in Southeast Asia
Gas is a dominant part of Southeast Asia’s energy mix: growth in LNG supplies and infrastructure
in the region from 141 bcm in 2011 to 250 bcm in 2035.
• Increasing short-term and spot trades
• Increasing number of global LNG suppliers and buyers
• Numerous import/ export terminal infrastructure development projects underway
• Buyers’ seeking more flexibility in source and price
IEA, The Asian Quest for LNG in a Globalising Market, 2014
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| LNG has good potential for trading opportunities
• Proximity to both traditional and emerging LNG supply and demand
• Neutral marketplace
• Established trading and financial hub with existing support infrastructure and services
• Singapore LNG terminal will be Asia’s first open-access multi-user terminal with both import
and export capability
Singapore’s Potential as Asia’s LNG hub
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| Growing Solar Interest in Singapore
Market interest in solar has been growing in Singapore. Since 2009,
• The number of installations has increased from 59 to 636 (end 2014)
• The installed capacity has increased from 1.5 MWac to 25.5 MWac (end 2014)
The take-up is expected to accelerate over the next few years, as prices fall and technology
continues to improve.
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Total installed capacity and installations for Solar Energy
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| Electricity Futures Market
• Worked closely with stakeholders such as the Singapore Exchange (SGX) and the electricity
industry
• Provides a platform for the electricity industry and consumers to hedge their risks, resulting in
more efficient and more competitive wholesale and retail markets.
• Market making on the electricity futures market on SGX, where companies put up both buy and
sell prices to facilitate trading, commenced on 1 April 2015.
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| Oil Prices: Transition and Volatility
Natural gas spot market price trend (USD/MMBTU)
Historical crude oil front month futures prices
Downward trend of oil
prices
Geopolitical developments
Shifts across energy markets
Sustainable development and resilience
?
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| SIEW 2015 Theme
• “Global Energy Transitions” sets the scene for discussions on what will characterise the next
global transition and its impact on Asia and the global energy systems.
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| SIEW @ A Glance
Monday
26 Oct
Tuesday
27 Oct
Wednesday
28 Oct
Thursday
29 Oct
Friday
30 Oct
SIEW Opening
Keynote Address
Gastech 2015
Renewables @ SIEW
- RE@SIEW Expo
- Asia Clean Energy Summit
SIEW Thinktank Roundtables
Singapore Energy
Summit
Asian Energy Financial and Investment
Conference
Platts Top 250
Asian Awards
Dinner
Asian Downstream Week
SG50 Jubilee
Reception SIEW Networking Receptions
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Ms Maria van der Hoeven Executive Director, IEA
Dr Leonhard Birnbaum Chairman of the Supervisory Board of
E.ON Global Commodities SE and
Member of the Board of Management –
Markets, Services
Dr Ahmad Belhoul CEO, Masdar
Sheikh Khalid Bin Khalifa
Al-Thani CEO, Qatargas
Past Speakers:
| SIEW Opening Keynote Address
The SIEW Opening Keynote Address is the highlight of SIEW, where an energy luminary provides
insights on the energy landscape
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| Singapore Energy Summit
Session 1:
Asia’s New Energy Frontiers
Session 2:
Securing Energy in an Era of Uncertainty
Session 3:
Building Energy Resilience
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| SIEW Partner Events
• Asia’s largest conference and exhibition for the downstream refining and petrochemical industries
• Investors and analysts can meet with a full range of Asian and international CEOs, CFOs from the utility sector
• Offers insights into Asia’s LNG and natural gas industry
• Focus on Asia’s strategic and commercial gas markets
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| SIEW Partner Events
• RE@SIEW exhibition aims to provide an avenue for clean technology and renewables companies to profile their services & products
• Comprising of two flagship events; PV Asia & RE Asia, ACES covers the entire range of developments around clean energy
• Recognises outstanding accomplishments of the top performing energy companies around the world from the Top 250 Global Energy Company Rankings
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| SIEW Think-tank Roundtables
• Hosted by leading International Organisations and think-tanks on key energy topics
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| Networking Opportunities
26 October 2015
SG50 Jubilee reception will reflect on Singapore’s 50
years of nation-building.
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| Social Media
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| Contact Us
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Director Jonathan Goh [email protected]
Deputy Director Desiree Tung [email protected]
Area Contact Email
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Marketing James Koh [email protected]
Media & Youth Wendy Lian [email protected]
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