Strengthening Emerging Asia's Power Sector
Needs, Requirements, and Potential Roles for East Asia Summit Engagement
In partnership with the Economic Research Institute for ASEAN and East Asia and the Energy Research Institute Network, NBR hosted two virtual workshops. This invitation-only virtual event, titled “Strengthening Emerging Asia’s Power Sector: Needs, Requirements, and Potential Roles for East Asia Summit Engagement,” was based out of Tokyo.
Growth in electricity demand in South and Southeast Asia is among the fastest in the world. Yet questions remain about how countries across this region might be able to individually or collectively meet their demand requirements while navigating complex economic, environmental, and energy security considerations. Major market shifts, such as the shale revolution in the United States and the effects of the Covid-19 pandemic, have had a profound impact on the availability and affordability of a range of energy supply options. However, capitalizing on these opportunities is often deeply constrained by rigid, opaque, and uncompetitive energy markets (particularly for natural gas and LNG); unresponsive energy pricing arrangements; weak and inadequate transmission infrastructure; and the need to broadly strengthen energy sector policymaking, governance, and technical and local capacity. How might stakeholders from across the region come together to address these issues, and what specific facilitating roles can fora such as the EAS play in this process?
POWERING EMERGING ASIA: SUPPLY AND DEMAND OUTLOOKS AND PATHS FORWARD
This panel outlined the current outlook for rising power demand and supply prospects across this region and potential scenarios for how the next 20 years of energy development might proceed.
RESOURCING THE TOOLKIT: BUILDING TECHNICAL AND HUMAN CAPACITIES FOR POWER SECTOR TRANSFORMATION
This panel discussed ongoing efforts, emerging best practices, and potential new recommendations for strengthening technical and human capacity at a national, sub-regional, and regional level.
MOBILIZING ENERGY SECTOR INVESTMENTS
This session examined the potential to mobilize capital and investment partnerships to help fully unlock the potential of public and private financing for power sector and infrastructure investments.
CRAFTING THE CALL TO ACTION
This concluding session kicked off with the sharing of a draft “all to action” that aims to synthesize preliminary workshop findings and identify opportunities for greater EAS engagement to play a positive role in strengthening Emerging Asia’s power sector.
Saleh ABDURRAHMAN (placement tentative), Ministry of Energy and Mineral Resources, Indonesia
Mandira ADHHIKARI, Nepal Electricity Authority, NBR Asia EDGE Fellow
Venkatachalam ANBUMOZHI (placement tentative), Economic Research Institute for ASEAN and East Asia
Weerawat CHANTANAKOME, Ministry of Energy, Thailand
Tom CUTLER, Cutler International
Nofri DAHLAN, Solar Research Institute, Universiti Teknologi MARA
Clara GILLISPIE, The National Bureau of Asian Research
Hiroshi HASHIMOTO (placement tentative), Institute of Energy Economics, Japan
Mikkal HERBERG, The National Bureau of Asian Research; University of California–San Diego
Ashley JOHNSON, The National Bureau of Asian Research
Nao KAWAKAMI (placement tentative), Japan Bank for International Cooperation
Shigeru KIMURA, Economic Research Institute for ASEAN and East Asia
HAN Phoumin, Economic Research Institute for ASEAN and East Asia; NBR Asia EDGE Fellow
Twarath SUTABUTR, Ministry of Energy, Thailand
Courtney WEATHERBY, Stimson Center