The Fifth East Asia Energy Forum ‘ASEAN’s Challenges on Carbon-Neutrality and Energy Security’

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The Fifth East Asia Energy Forum ASEANs Challenges on Carbon-Neutrality and Energy Security

Completed

Necessity of carbon neutrality was highlighted at COP26, and many developing countries announced their carbon neutral targets by 2050 with international supports, making carbon neutrality is the priority actions. The urgency of carbon neutral-pathways is key priority for both developed and developing countries. The COP 26 called for deep decarbonization before the turn of 21^st century, limiting the global temperature rise to well below 2-degree Celsius, and preferably to 1.5 degree Celsius compared to pre-industrial level. Any delayed action could risk triggering impacts of climate change and so catastrophic our world will become unrecognizable. In this regard, the race to carbon neutrality will require climate ambitious actions including the introduction of suite of policy changes and the need to examining all the possibility of low carbon emissions technologies and the renewables. The COP26 has brought approaches of using multiple pathways to carbon-neutrality that could help countries with large dependency on fossil fuels to make a more meaning full of, “just energy transition,” to protect social well-beings through energy affordability and security, while at the same time, protecting the global warming simultaneously.

The Russia-Ukraine war has brought an imbalance of demand-supply of fossil fuel in the world. The immediate reduction of oil supply due to the collective efforts of Western-led sanctions on Russian, have made oil market becomes vulnerable; thus, it put pressure on global fossil fuel supply security, as fossil fuels will be needed at least for next decade. The oil market’s response to the shock, is the increase of overall energy cost around the world as oil is a global commodity and traded globally. The implication of the supply shortage has a deep effect on energy security for countries around the world. These high energy costs could distract each country’s efforts towards long-term decarbonization, with the short-term agenda dominated by domestic energy security in which they are largely dependent on fossil fuels such as coal, oil, and gas.

The world faces univalent challenges: Carbon neutral and supply security of fossil fuels. This means that human will need to reverse the course of our fossil fuel dependency in which we have rely on these fuels to modernize the human wellbeing and economic growth. This reliance and overuse of the fossil fuels have reached a critical limit where the continuous burning of fossil fuels have caused climate change and any delayed action could risk the future climate stability and so catastrophic our world.

Thus, the 5th East Asia Energy Forum gathers many big-minded people including key energy policymakers, public and private entities, financial institutions and research institutes working in the frontier of carbon-neutral pathways to share their thoughts, policy developments, and innovative technologies: renewables, suite of low carbon technologies.

This hybrid workshop is organised by Economic Research Institute for ASEAN and East Asia (ERIA), Energy Research Institute Network (ERIN), and Ministry of Mines and Energy (MME) Cambodia collaboration with ASEAN Energy Business Forum (AEBF)

Event Details

Date: Monday, 12 September 2022
Time: 9:00AM - 4:00PM (UTC/GMT+7)

Agenda

8:30 AM – 9:00 AM	Registration
9:00 AM – 9:20 AM	Welcoming and Opening Remarks H.E. Suy Sem, Minister of Mines and Energy, Cambodia (Live broadcast) H.E. Dato Lim Jock Hoi, Secretary General of ASEAN (Live broadcast or pre-recorded video) (TBC) MC: Ms Isabella Italia Gentajaya, ERIA
9:20 AM – 10:05 AM	Keynote Speeches (Pre-recorded videos) Honourable Pehin Datu Lailaraja Major General (Retired) Dato Paduka Seri Haji Awang Halbi bin Haji Mohd Yussof, Minister at the Prime Minister’s Office, Brunei Darussalam (TBC) H.E. Arifin Tasrif, Minister of Energy and Mineral Resource, Indonesia (live via zoom) H.E. Nakatani Shinichi, State Minister of Economy, Trade, and Industry, Japan H.E. Daovong Phonekeo, Minister of Ministry of Energy and Mines, Lao PDR (TBC) E U Myo Myint Oo, Union Minister, Ministry of Energy, Myanmar H.E. Raphael Perpetuo Mercado Lotilla, Secretary of Department of Energy, Philippines H.E. Gan Kim Yong, Minister of Trade & Industry, Singapore (TBC) H.E. Supattanapong Punmeechaow, Deputy Prime Minister and Minister of Energy, The Kingdom of Thailand H.E. Trn Tun Anh, Minister of Industry and Trade, Vietnam (TBC) H.E. Brad Crabtree, Assistant Secretary for Fossil Energy and Carbon Management, Department of Energy, United States
10:05 AM – 10:20 AM	Scene-Setting Presentation: “Opportunities and Challenges for Carbon-neural Pathways” Prof Jun Arima, Senior Policy Fellow, Economic Research Institute for ASEAN and East Asia (ERIA)
10:20 AM – 10:30 AM	Coffee break
10:30 AM – 11:30 AM	Panel Session 1: Implication of Ukraine War to Regional Energy Situation Moderator: Mr Shigeru Kimura, Special Adviser to the President on Energy Affairs, ERIA Panelists: Dr Nuki Agya Utama, Executive Director of ASEAN Centre for Energy (ACE) Ms Toril Bosoni, Head of Oil Industry and Market Division, IEA: to share us mid. and long-term global oil market Mr Hiroshi Hashimoto, Head of Gas Group, Institute of Energy Economics, Japan Mr Yuichiro Torikata, Senior Energy Analytic Product Specialist, KPLER Mr Matthew Boyle, Lead Analyst of Thermal Fuels, KPLER
11:30 AM – 12:30 PM	Panel Session 2: How to Secure Affordable Energy Transition Pathways? Moderator: Dr Yanfei Li, Research Fellow, ERIA Panelists: Dr Poonpat Leesombatpiboon, Executive Director of International Affairs Division, Ministry of Energy, Thailand Dr Saleh Abdurrahman, Member of Committee for Downstream Oil and Gas Regulatory Body – Former Senior Advisor for Environment and Spatial Planning, Ministry of Energy and Mineral Resources (MEMR), Indonesia H.E. Victor Jona, Under Secretary of State, Ministry of Mines and Energy (MME), Cambodia
12:30 PM – 1:30 PM	Lunch break
1:30 PM – 2:40 PM	Panel Session 3: Accelerating Energy Transitions: Electric Vehicles & Battery Storage Moderator: Dr Alloysius Joko Purwanto, Energy Economist, ERIA Panelists: Mr Indra Chandra Setiawan, S.T., M.T, Project Deputy General Manager Toyota Daihatsu Engineering & Manufacturing Ms Minta Poowatanavong, Engineer, Professional Level, Division of Energy Efficiency Promotion, Department of Alternative Energy Development and Efficiency (DEDE), Ministry of Energy, Thailand Mr Shiv Aggarwal, Sales & BD Leader APAC - GE Renewable Energy
2:40 PM – 3:50 PM	Panel Session 4: How to Secure Investment for Carbon-Neutrality and Energy Security? Moderator: Dr Han Phoumin, Senior Energy Economist, ERIA Panellists: Prof Jun Arima, Senior Policy Fellow, Economic Research Institute for ASEAN and East Asia (ERIA) Ms Cecilia Tam, Team Leader, Clean Energy Finance and Investment Mobilisation, OECD Mr Masayuki Fujiki, Managing Director, Head of Structured Finance, Solution Products Division, MUFG Bank, Ltd. MrTakeshi Soda, Director for Petroleum and Natural Gas Division, Natural Resources and Fuel Department, Agency for Natural Resources and Energy (ANRE) / Director for International Carbon Neutral Policy Office, Minister’s Secretariat, Ministry of Economy, Trade, and Industry (METI), Japan
3:50 PM – 4:00 PM	Wrap-up and Closing Remark Prof Hidetoshi Nishimura, President of ERIA