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"New Energy Realities" to Take Centre Stage at Singapore International Energy Week 2016

2016-03-23 12:00 3108

SINGAPORE, March 23, 2016 /PRNewswire/ -- The Energy Market Authority (EMA) announced "New Energy Realities" as the theme for Singapore International Energy Week (SIEW) 2016.

The theme reflects the opportunities and challenges we face in the current environment of an excess supply of oil and gas. Oil prices have stayed down for a longer period than most had expected. This has discouraged new upstream investments, which would impact future supply. At the same time, the Paris Agreement following COP21 has given new impetus to the deployment of renewables. Technology progress has also continued to make energy production, systems and networks smarter, heralding new possibilities. Against this backdrop, SIEW 2016 will discuss how we can work together to navigate this period of change.     

SIEW 2016 will host for the first time The 26th International Photovoltaic Science and Engineering Conference and Exhibition (PVSEC-26) as part of the Asia Clean Energy Summit (ACES). There will also be a special edition of the Asian Energy Financial and Investment Conference.  Delegates can also look forward to more exhibitions:

  • Gas Asia Summit will feature an exhibition alongside its conference for the first time
  • EU Business Avenues in South East Asia – Green Energy Technologies 2016, an exhibition focusing on renewables, will also return to SIEW this year.

As a prelude to SIEW, EMA invited Neil Atkinson, Head of the Oil Industry and Markets Division at the International Energy Agency (IEA), to share the latest IEA Medium-Term Oil Market Report at the launch of the 2016 theme. David Hewitt, Co-Head of the Global Oil & Gas, Equity Research at Credit Suisse also participated in the dialogue on the energy outlook for 2016.

Now in its 9th year, SIEW continues to feature global energy leaders in its week-long conferences and exhibitions covering the entire energy spectrum – including oil and gas, downstream, renewables and financing. EMA's anchor events, the SIEW Opening Keynote Address and the Singapore Energy Summit will start the week of discussions with a focus on Asia's energy shifts, the transition to a low-carbon future, and the evolving utility business.

SIEW 2016 will be held at the Sands Expo and Convention Centre in Singapore from 24 to 28 October 2016.

About Singapore International Energy Week (SIEW)

In its 9th edition, Singapore International Energy Week is the premier platform in Asia for energy insights, partnerships and dialogue, which brings together the world's leading conferences, exhibitions, and roundtables in one week, one location. SIEW enriches the global energy conversation by convening political, business, academic, and energy industry thought leaders to define and advance the world's leading energy challenges, solutions and actions across the energy spectrum of oil & gas, clean and renewable energy, and energy infrastructure financing. Please visit www.siew.sg for further information.

About the Energy Market Authority

The Energy Market Authority (EMA) is a statutory board under the Ministry of Trade and Industry. Our main goals are to ensure a reliable and secure energy supply, promote effective competition in the energy market and develop a dynamic energy sector in Singapore. Through our work, we seek to forge a progressive energy landscape for sustained growth. Please visit www.ema.gov.sg for more information.

For media queries, please contact:

Wendy Lian
Energy Market Authority
Tel: +65 6376 7651
Email: wendy_lian@ema.gov.sg

Chenny Wulandari
Edelman for Singapore International Energy Week
Tel: +65 6494 1563
Email: chenny.wulandari@edelman.com

Source: Energy Market Authority
Keywords: Oil/Energy Utilities
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