Asia Clean Energy Summit 2019

Innovation and Investment Seen as Growth Drivers for Asia's Transition to Clean Energy - Asia Clean Energy Summit 2019


- Co-creation of solutions, public-private partnerships, policies and ongoing education seen to propel sustainable energy development in Singapore and the region
- Key highlights from SEAS' carbon paper launched at ACES 2019 include the necessity to drive increased communication and training around the techno-economic case for deploying low carbon technologies, and leveraging non-technology base levers in driving decarbonisation
SINGAPORE, Nov 5, 2019 - (ACN Newswire) - Over 180 thought leaders shed light on current and future developments for minimising the impact and implications of climate change at the recently concluded Asia Clean Energy Summit (ACES), hosted by the Sustainable Energy Association of Singapore (SEAS). The sixth run of the annual industry conference saw greater participation and engagement among industry players, indicative of the increased awareness and prioritisation of the transition towards clean energy.


Dr Koh Poh Koon, Senior Minister of State Ministry of Trade and Industry in Singapore, highlighted some of the key developments in Singapore supporting Singapore's transition towards a sustainable future at ACES 2019.

Chairman of SEAS White Paper Committee Dr Sanjay Kuttan (fourth from left) and EDB Assistant Managing Director Mr Damian Chan (third from right) launched a carbon white paper that identifies key opportunities for Singapore to accelerate its decarbonisation efforts across the energy value and supply chain.

12 PowerACE finalists showcased their solutions at the Innovation Arena at ACES 2019. Covering key themes that range from Digital Applications, Decentralised and Off-Grid Systems, Clean Energy, New Frontier Technologies and E-Mobility, the annual competition serves as a platform for building a robust and sustainable energy ecosystem in Singapore.

 

Experts from across the sustainable energy ecosystem ranging from energy technology firms and solar photovoltaic (PV) companies, investors, policy makers to international development finance institutions participated in the three-day summit, held from 30 October to 1 November 2019 at the Sands Expo and Convention Centre in Marina Bay Sands. They shared insights on the technological, financial and policy innovations in the energy space and the potential of renewable energy sources - empowering attendees with the knowledge to seize opportunities for ramping up sustainable energy production in Singapore and beyond.

Some of the technologies highlighted included digital applications, energy storage, decentralised and off-grid systems, clean energy transition, new frontier technologies, e-mobility, Internet of Things (IoT) and blockchain, which are seen to address constraints around scarce land and limited access to alternative clean energy options in Singapore and the region.

Given Singapore's limited access to geothermal, wind and tidal power, solar power was highlighted as a way forward to meet the city-state's clean energy goals. As an early mover in the solar energy space, Singapore has taken several initiatives such as the SolarNova programme launched by the Economic Development Board (EDB) and Housing & Development Board (HDB) in 2014 to accelerate the deployment of solar photovoltaic (PV) systems. The recent heightened interest in Floating PV systems, given land constraints in Singapore and the capability of FPV to connect with hydropower plants, has served as an apt backdrop for the International Floating Solar Symposium (IFSS) at ACES 2019. A pioneer in the floating solar space, Singapore already serves as the home to the world's largest floating solar energy test-bed in Tengeh Reservoir.

"Our Energy Story is a whole-of-nation effort and it requires industries, individuals and the Government to work in partnership to promote energy efficiency and sustainable business practices," said Dr Koh Poh Koon, Senior Minister of State Ministry of Trade and Industry in Singapore.

Accelerating Climate Action in Singapore and the Region

Across different sessions at ACES 2019, thought leaders weighed in on new opportunities for growth within the renewable energy landscape as Singapore accelerates its transition towards becoming a hub for sustainable energy systems.

IFSS saw the launch of "Where Sun Meets Water: Floating Solar Handbook for Practitioners" by Solar Energy Research Institute of Singapore (SERIS) and the World Bank. The manual aims to build trust and share knowledge among key opinion leaders and government bodies. This will help practitioners fully capitalise on the potential of FPV systems amidst challenges such as regulatory considerations for hydro-connected plants and de-risking of investments into these systems.

Complementing the push for decarbonisation, Dr. Sanjay C Kuttan, Chairman of SEAS White Paper Committee, and Damian Chan, Assistant Managing Director from the Economic Development Board launched a carbon white paper that identifies key opportunities for Singapore to accelerate its decarbonisation efforts across the energy value and supply chain. Anchored on insights arising from an industry decarbonisation survey involving 92 respondents across companies, the carbon white paper by SEAS addresses the sentiments and potential of decarbonisation strategies in the industry.

"The launch of the carbon white paper at ACES 2019 is timely, as we are witnessing a growing interest around reducing carbon footprint and creating innovative clean energy solutions. By identifying key opportunities for Singapore, we hope to accelerate decarbonisation efforts across the energy value and supply chain," said Kavita Gandhi, Executive Director, SEAS.

Source: Scoop