Energy Ministers and Leaders at 4th SIEW Call for Greater Regional Collaboration and Innovation [Press Releases]

1. The fourth annual Singapore International Energy Week (SIEW) closed today with a clear message that “Securing our Energy Future” will require greater leadership, global collaboration and innovation to meet the future demands of a rapidly evolving energy landscape.

2. Held from 31 October-4 November 2011, SIEW 2011 was attended by more than 20,000 participants from over 60 countries, and featured 550 exhibitors. This year’s event was the largest and best-attended SIEW gathering to date, hosting some of the world’s top energy leaders. These included Mr Nobuo Tanaka, former Executive Director of the International Energy Agency, and Energy Ministers from Southeast Asia, the United Arab Emirates and Europe. Luminaries such as Mr Peter Voser, CEO of Royal Dutch Shell International, and Mr José Gabrielli, CEO of Petrobras, were also part of the line-up. Read more

Renewables 2011 Global Status Report

Global Renewable Energy now accounts for 16% of final energy consumption in 2009 and for about a quarter of global power capacity from all sources. Despite the recession, there is momentum in the sector with total global investment in renewable power and fuels increasing by 32% over the previous year to $211 billion from $160 billion.

These are the figures stated in the Renewable 2011 Global Status Report (REN21). Produced annually since 2005, the report is targeted at policy makers, industry and other stakeholders.

Main findings of REN21

• In 2009, renewable energy supplied an estimated 16% of global final energy consumption. Fossil fuels made up the lion’s share at 81% with nuclear at 2.8%.
• However, of the 16%, 10% is still accounted for by traditional biomass, primarily used for cooking and heating in rural areas of developing countries. Hydropower accounts for 3.4% with other renewables (wind, solar, modern biomass, geothermal and biofuels) at 2.8% in 2009.
• Total investment in renewable energy reached a record $211 billion in 2010, up from $160 billion in 2009, including asset finance, venture capital, private equity investment, public markets and both corporate and government R&D. China attracted nearly $50 billion, making it the leader, followed by Germany, the United States, Italy and Brazil. India ranked 8th in the world for renewable energy investment which rose to US$3.8 billion mainly for wind power projects ($2.3bn) and $400 million each for solar and biomass power (including waste-to-energy). Read more

Singapore’s strategies to meet its energy challenge amid an uncertain global energy future

Singapore is taking steps to address its energy challenge by diversifying energy mix, managing energy demand, and encouraging innovative technologies, amid an uncertain global energy future.

During his Opening Address at the Singapore Energy Lecture, which kicks off the annual Singapore International Energy Week (SIEW) 2011, Mr S Iswaran, Minister, Prime Minister’s Office and Second Minister for Home Affairs and Trade and Industry, shares Singapore’s three strategies in addressing its energy challenge, given its over dependence on energy imports and the need to secure reliable and affordable energy supplies.

Diversify Energy Supply

Mr Iswaran shared that the key thrust of Singapore’s energy strategy is the diversification of its energy supplies through Liquefied Natural Gas (LNG) and electricity imports. Singapore will also continue to explore other options like solar energy. Read more

Global Energy Luminaries Meet in Singapore for 4th Singapore International Energy Week [Press Releases]

1. The Singapore International Energy Week (SIEW) 2011, from 31 October to 4 November, is set to become the focal point for high-level energy dialogue in the region. Into its fourth year, SIEW is the leading platform for senior policymakers, industry leaders and academics to deliberate and exchange perspectives, strategies and solutions to major issues impacting the global energy agenda.

2. This year, developments in the Middle East, North Africa and Japan have thrown the spotlight on energy security. In Asia, economic expansion is driving countries to find a mix of energy options that is able to sustain growth while being clean and secure. As a small city-state with no natural resources, Singapore is acutely aware of its energy challenges. These challenges have informed this year’s theme of “Securing Our Energy Future”, which emphasises the need to rethink policies to ensure a stable supply of energy for the future. Read more

Speech by PM Lee at Singapore International Energy Week

Excellencies,

Distinguish guests,

Ladies and gentlemen.

I am very happy to join you this morning for the 3rd Singapore International Energy Week. This year’s event has attracted the largest ever participation from the region and beyond and this strong turnout reflects the growing priority that all countries are placing on energy issues today.

2. We consume energy in the course of almost all parts of our daily lives. It makes possible the way we live, work, play and travel. And ever since the Industrial Revolution and especially over the past century, mankind has relied on cheap supplies of fossil fuels to drive economic progress. But this dependence will be very difficult to be sustained. Read more

New Exhibits and Products at the Singapore International Energy Week

The various Singapore International Energy Week exhibits and the Clean Energy Expo Asia trade fair held currently at Suntec, featured several clean energy solutions, technologies and systems, including solar, wind, energy efficiency, biofuel, waste-to-energy, LED lighting, and hybrid systems. Here are some new exhibits and products that we like: Read more

The 2nd Clean Energy Expo Asia Highlights the Continued Interest and Growth of Clean Energy in Asia

The second Clean Energy Expo Asia Trade Fair and Conference was officially opened today by Dr Yaacob Ibrahim, Minister for the Environment and Water Resources. Clean Energy Expo Asia is jointly organized by the Sustainable Energy Association of Singapore (SEAS) and Koelnmesse, and is part of the Singapore International Energy Week (SIEW). This year, there are more than 170 exhibitors, over 115 international speakers and about 5,000 participants from over 40 countries, in the Technology, Services, Finance and Government sectors. There is a 30% increase in participation from last year and the exhibition space at the Trade Fair has also doubled. Read more

Singapore Preparing For a Smart Energy Economy

Prime Minister Lee Hsien Loong delivered the annual Singapore Energy Lecture this morning at the 3rd Singapore International Energy Week (SIEW). PM Lee spoke about how Singapore is preparing for the new energy future amid uncertainties in future energy prices, a global regime on climate change, and new technologies. Singapore’s challenge is to have energy that is cost-competitive, secure, clean and sustainable. PM Lee outlined four key strategies towards a smart energy economy:

1. Promote Competitive Markets

To promote competitive markets, Singapore will price energy properly and avoid subsidies for households and businesses, and foster competition in the production and supply of energy so as to increase efficiency. PM Lee also said that Singapore should work through the market to cut carbon emissions as pushing for efficiency is limited due to the rebound effect. Therefore, there is a need to impose a charge on consumers to induce them to change their behaviour, and the best approach is to apply a carbon price, whether through a carbon tax or cap and trade scheme. Read more

Singapore International Energy Week 2010

Location: Suntec Singapore International Convention & Exhibition Centre

The annual Singapore International Energy Week (SIEW) is a leading energy event that provides a platform for policymakers, business leaders and academics to exchange ideas, strategies and best practices that will help shape global and industry energy agendas. Jointly organised by the Energy Market Authority (EMA) and the Energy Studies Institute (ESI) from 27 October to 4 November 2010, SIEW features a comprehensive schedule of energy-focused conferences, exhibitions and networking sessions from a diverse cross-section of energy industry leaders.

Speakers include: Lee Hsien Loong, Prime Minister of Singapore; Nobuo Tanaka, Executive Director, International Energy Agency; Dr. Daniel Yergin, Co-founder and Chairman, IHS Cambridge Energy Research Associates.

Visit the SIEW website for details and registration.

SIEW 2009: Plug-In Singapore 2009

Plug-In Singapore 2009 was held recently as part of the Singapore International Energy Week 2009. The conference and expo is organised by the Cleantech Agency and brings together the market players to discuss key electric vehicle issues.

Opening Speech

During the conference, David Tan, Deputy Chief Executive, Energy Market Authority, gave a speech on the Electrification of Singapore’s Land Transport. He highlighted the current global interest in Electric Vehicles (EVs) and that the use of EVs are expected to pick up from 2015 onwards and become fully commercially viable for the mass market after 2020. Even in an alternative energy disadvantaged country like Singapore, we can reduce up to 4% of our land transport sector’s carbon emissions by 2020 with just a 2% EV penetration rate.

To prepare for such a future, Singapore has embarked on a S$20 million EV test-bedding programme, launched in May to provide an open platform for all auto manufacturers and technology companies to examine the infrastructure requirements of an EV system, to test the performance of EVs under local road conditions and in the tropical environment, and to identify related industry and R&D opportunities.

This test-bed will start next year and run for three years, driven by a multi-agency Taskforce, co-chaired by the Energy Market Authority (EMA) and the Land Transport Authority (LTA). As part of the deployment plan for the EV test-bed project, the EV Taskforce has been working with Renault-Nissan, Mitsubishi and other auto manufacturers to secure a supply of EVs for Singapore.

Mitsubishi plans to roll out its i-MiEV model of electric cars next year. So the Taskforce is expecting 50 i-MiEVs to arrive from September 2010, which would cost about S$89,000 – S$99,000 each. Renault-Nissan’s EVs will only be available for commercial sale in 2011. The Taskforce is now looking for interested companies to participate in the test-bed and be an early adopter of EVs in Singapore, under the Transport Technology Innovation and Development Scheme (TIDES), jointly administered by LTA and EDB.

Participants will be required to collate data on the performance of the EV such as driving range between charging, ease of charging, annual mileage and total costs of operation. The data collected will be instrumental in evaluating the costs and benefits and overall feasibility of the future adoption of EVs in
Singapore.

The EV Taskforce will also be rolling out a small network of about 50 EV charging stations. A competitive tender will be launched next year to select an EV infrastructure service provider. The EV charging stations will have to be compatible with the EVs produced by the major auto-manufacturers, and the deployment of the stations will be timed to coincide with the actual take-up of EVs under the test-bed.

In addition, EMA, SPRING Singapore and industry partners will be working on a Technical Reference for the public EV charging systems to set minimum standards for the development of EV charging systems and the safe charging of EVs.

Expo

Here are some photos of the exhibitors’ electric vehicles:

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