EMA Insights - Singapore Energy Landscape, Energy Trading and SIEW 2015

ENERGY MARKET AUTHORITY

10 July 2015

SIEW.sg @SIEW_sg bit.ly/SIEWLinkedIN www.siew.sg

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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, energy demand in OECD countries is expected to be less than half of non-OECD

countries.


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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


| 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


| 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


| 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


| 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


| 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

?


| 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.


| Highlights from SIEW 2014


| 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


| SIEW Opening Keynote Address

The SIEW Opening Keynote Address is the highlight of SIEW, where an energy luminary provides

insights on the energy landscape

Dr Fatih Birol Executive Director (elect) International

Energy Agency (IEA)


| Singapore Energy Summit

• Gireesh B. Pradhan, Chairman and CE, Central Electricity Regulatory Commission (CERC)

• Hiroshi Ozaki, Chairman, Osaka Gas

• Tang Kin Fei, Group President and CEO, Sembcorp Industries

Session 1:

Asia’s New Energy Frontiers

• Charif Souki, Chairman and CEO, Cheniere Energy

• Peter Coleman, CEO and Managing Director, Woodside Energy Lunch Plenary

• Masakazu Toyoda, Chairman and CEO, The Institute of Energy Economics, Japan (IEEJ)

• Aldo Flores-Quiroga, Secretary General, International Energy Forum (IEF)

• Lady Barbara Judge, Chairman Emerita, UK Atomic Energy Authority

• Shigeru Muraki, Executive Advisor, Tokyo Gas

• Eric Luo, CEO, Shunfeng International Clean Energy

• Jens Økland, Executive Vice President, Marketing, Midstream & Processing, Statoil

Session 2:

Securing Energy in an Era of Uncertainty

• Mohinder Gulati, COO, United Nations Sustainable Energy for All (UNSE4ALL)

• Agneta Rising, Director General, World Nuclear Association (WNA)

• David Walker, CEO, DNV GL - Energy Session 3:

Building Energy Resilience


| SIEW Partner Events


| SIEW Think-tank Roundtables

• Hosted by leading International Organisations and think-tanks on key energy topics

29 Oct

09:00 – 12:00

• Oil Pricing and Outlook by The Institute - Energy Economics, Japan (IEEJ)

• Renewables Deployment in Cities - International Renewable Energy Agency (IRENA)

• Nuclear Safety, Security and Safeguards in ASEAN - S. Rajaratnam School of International Studies (RSIS)

29 Oct

14:00 – 17:00

• Distributed Energy Generation and Integration: Policy and Technology Challenges and Opportunities - Energy Research Institute @ NTU (ERI@N)

• The Energy Outlook for Southeast Asia: The Importance of the Power Sector - International Energy Agency (IEA)

• China’s One Belt One Road Initiative: Opportunites for ASEAN Energy Market - Chinese Academy of Social Sciences (CASS) & Institute for the Analysis of Global Security (IAGS)

30 Oct

09:00 – 12:00

• The Future of Energy Security: Opportunites and Challenges at the Cyber Energy Nexus - U.S. Department of Energy (DOE) & Energy Studies Institute (ESI)

• Integrated Renewable Electricity Grid: Is it the Right time to Act Now in Asia? - Energy Research Institute Network (ERIN) & Economic Research Institute for ASEAN and East Asia (ERIA)


| Networking Opportunities

26 October 2015

Held at the ArtScience Museum, SG50 Jubilee Reception will celebrate Singapore’s 50th

independence.


| Social Media

Follow us on the above channels

@SIEW_sg

bit.ly/SIEWLinkedIN

SIEW.sg


| Contact Us

Headed by Contact Email

Director Jonathan Goh [email protected]

Deputy Director Desiree Tung [email protected]

Area Contact Email

Operations Brenda Tan [email protected]

Marketing James Koh [email protected]

Media & Youth Wendy Lian [email protected]

Sponsorship Chen Yuyuan [email protected]

SOK & SES Vanessa Koh [email protected]

General enquiries [email protected]


| Join us for SIEW 2015

REGISTER NOW

@SIEW_sg SIEW.sg bit.ly/SIEWLinkedIN www.siew.sg

EMA Insights - Singapore Energy Landscape, Energy Trading and SIEW 2015

Presentations & Public Speaking

Transcript of EMA Insights - Singapore Energy Landscape, Energy Trading and SIEW 2015