ENERGY MARKET AUTHORITY 28 April 2015 | Asia to lead in global - - PowerPoint PPT Presentation

ENERGY MARKET AUTHORITY

28 April 2015

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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.

50 100 150 200 250 300 350 400 450 500 550 600 650

• 2.0

4.0 6.0 8.0 10.0 12.0 14.0 16.0 18.0 20.0 22.0 24.0 26.0 2008 2009 2010 2011 2012 2013 2014 Number of Installations Installed Capacity (Mwac) Residential Consumers Non-Residential Consumers Number of Installations

Singapore Energy Statistics, 2014

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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| Highlights from SIEW 2014

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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

Follow us on the above channels @SIEW_sg bit.ly/SIEWLinkedIN SIEW.sg

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| Contact Us

Headed by Contact Email

Director Jonathan Goh jonathan_goh@ema.gov.sg Deputy Director Desiree Tung desiree_tung@ema.gov.sg

Area Contact Email

Operations Brenda Tan brenda_tan@ema.gov.sg Marketing James Koh james_koh@ema.gov.sg Media & Youth Wendy Lian wendy_lian@ema.gov.sg Sponsorship Chen Yuyuan chen_yuyuan@ema.gov.sg SOK & SES Vanessa Koh vanessa_koh@ema.gov.sg General enquiries ema_siew@ema.gov.sg

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| Join us for SIEW 2015

Supporting Organisation Sponsor SIEW Delegate

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