SIEW Energy Insights

energy-insights
ORGANISER Energy Market Authority
DATE 30 October 2019
TIME 02:30 PM - 04:35 PM
VENUE Sands Expo & Convention Centre, Marina Bay Sands Singapore

Presented by :

LogoDNVGL

SIEW Energy Insights features the latest reports launched by renowned international organisations. Benefit from the most up to date research on key energy issues.

Registration

14:00 - 14:30 hrs

Opening Remarks

14:30 - 14:35 hrs

Ngiam-Shih-Chun

Ngiam Shih Chun

Chief Executive

Energy Market Authority (EMA)

DNV GL: Energy Transition Outlook 2019 - Power Supply & Use, Forecast to 2050

14:35 - 15:20 hrs

This industry implication report, part of DNV GL’s Energy Transition Outlook series, presents implications of our energy forecast to 2050 for key stakeholders involved in electricity generation, including renewables; electricity transmission and distribution; and energy use.

Amidst electricity use increasing rapidly and production becoming dominated by renewables, the report details important industry implications. These include:

  • Substantial opportunities for those parties involved in solar and wind generation
  • Massive expansion and reinforcement of transmission and distribution networks
  • Further need for implementation of energy efficiency technology
  • Acceleration of the electric vehicle revolution
  • The energy transition is fast, but not fast enough to meet the goals of the Paris Agreement

pdf_smallClick here to download the presentation.

Presenters

Lucy-Craig

Lucy Craig

Vice President and Director of Technology and Innovation

DNV GL – Energy

Jason

Jason Goodhand

Global Segment Leader, Energy Storage

DNV GL

Q&A

Moderator

Dr-Phyllis-Yoshida

Dr Phyllis Yoshida

Senior Fellow for Energy and Technology

Sasakawa Peace Foundation

Atlantic Council: Shifting Gears: The Future of Transportation and Peak Oil Demand

15:20 - 15:35 hrs

For the past year, the Atlantic Council has been exploring the impact that aggressive decarbonisation policies and the transformation of the fuels market will have on global oil demand and geopolitics. The report will launch a study of the possible trajectories for oil demand in the energy transition and the effect they will have on markets, oil producers, energy trade, and global politics.

Presenters

Henning

Henning Gloystein

Director, Global Energy & Natural Resources

Eurasia Group

Randolph-Bell

Randolph Bell

Director

Atlantic Council Global Energy Center

Q&A Atlantic Council

Moderator

Dr-Phyllis-Yoshida

Dr Phyllis Yoshida

Senior Fellow for Energy and Technology

Sasakawa Peace Foundation

Tea Break

15:35 - 15:50 hrs

International Energy Agency (IEA): The Future of Hydrogen

15:50 - 16:00 hrs

Hydrogen and energy have a long shared history – powering the first internal combustion engines over 200 years ago to becoming an integral part of the modern refining industry. It is light, storable, energy-dense, and produces no direct emissions of pollutants or greenhouse gases. But for hydrogen to make a significant contribution to clean energy transitions, it needs to be adopted in sectors where it is almost completely absent, such as transport, buildings and power generation.

The IEA’s Director of Energy Markets and Security will present the IEA’s analysis on The Future of Hydrogen, which provides an extensive and independent survey of hydrogen that lays out where things stand now; the ways in which hydrogen can help to achieve a clean, secure and affordable energy future; and how we can go about realising its potential.

Presenter

Keisuke-Sadamori

Keisuke Sadamori

Director, Energy Markets and Security

International Energy Agency (IEA)

Ministry of Economy, Trade & Industry (METI): Energy Innovation & Japan’s G20 Priorities

16:00 - 16:10 hrs

Presenter

Masaomi-Koyama

Masaomi Koyama

Director, International Affairs Office, Energy Efficiency and Renewable Energy Department, Agency of Natural Resources and Energy

Ministry of Economy, Trade & Industry (METI), Japan

King Abdullah Petroleum Studies and Research Center (KAPSARC): Energy Transitions and Disruptive Customer-Centric Models

16:10 - 16:20 hrs

Energy transitions can disrupt existing business models, potentially resulting in stranded assets. Take the case of electricity distribution companies. These companies typically make large network investments to ensure the reliability of electricity supply for the customers. In a world where distributed energy resources become the norm, customers may opt to use the network less frequently. This would then result in a situation where distribution companies are unable to recover their costs.

Early research at KAPSARC shows that the creation of an innovative insurance market for reliability can help to manage these concerns. In the context of electricity markets, the core idea is for the distribution companies to offer a menu of guaranteed ‘services’ to their customers as opposed to selling kilo-watt hours of electricity. Customers would purchase hours of lighting, cooling, heating, maintenance and reliability services based on their individual preferences and their risk tolerances.

Presenter

Nawaz-Peerbocus

Nawaz Peerbocus

Director of Energy Transitions and Electric Power

King Abdullah Petroleum Studies and Research Center (KAPSARC)

pdf_smallClick here to download the presentation.

Q&A IEA, METI and KAPSARC

16:20 - 16:35 hrs

Moderator

Dr-Phyllis-Yoshida

Dr Phyllis Yoshida

Senior Fellow for Energy and Technology

Sasakawa Peace Foundation

End of Energy Insights

16:35 hrs


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