Asian Business Dialogue on Corporate Governance The Energy Sector in ASEAN: Opportunities and Challenges. Khun Surong Bulakul 1ACE-LIC

Size: px
Start display at page:

Download "Asian Business Dialogue on Corporate Governance The Energy Sector in ASEAN: Opportunities and Challenges. Khun Surong Bulakul 1ACE-LIC"

Transcription

1 Asian Business Dialogue on Corporate Governance 2012 The Energy Sector in ASEAN: Opportunities and Challenges Khun Surong Bulakul 1ACE-LIC

2 Outline ASEAN Energy Overview ASEAN Energy Consumption Efficiency Opportunities and challenges in ASEAN ASEAN Collaboration

3 ASEAN is growing fast ASEAN countries have potential to grow with a corresponding world economic market Land Area (sq. km) Population (Million) GDP 2010 (Billion US$) Share of World GDP (% ) World 129,611,322 6,697 63, US 9,161, , EU 2,509, , Asia 44,579,000 3,998 19, China 9,327,489 1,325 5, India 2,973,190 1,140 1, Thailand 510, ASEAN (10) 4,326, , ASEAN + 3 (China, Korea, Japan) 14,114,966 2,075 13, ASEAN + 6 (China, Korea, Japan, India, Australia, New Zealand) ASEAN population accounts for 9% of the world, but contribute only 1.8% to the world GDP. However, there is room for improving the economic growth in ASEAN countries. 29,364,223 3,814 16, Source: World Bank Note: ASEAN (10): Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam 3 3

4 ASEAN is growing fast ASEAN is one of the fastest growing region in the world GDP Growth (%yoy) 13.5 GDP (%) (E) 2012 (F) World China Advanced Economies US ASEAN EU Japan World -0.5 Developing Asia China India ASEAN E 2012F Source: IMF : IMF Jun and 2011 ADB 4 4

5 Energy Balance in ASEAN ASEAN will require increasing energy supply to keep up with its rapid pace of economic expansion Mtoe 1200 ASEAN Final Energy Consumption COAL 600 OIL NATURAL GAS ELECTRICCITY OTHERS (BAU) 2030(BAU)

6 Energy Balance in ASEAN Petroleum Reserve in ASEAN Gas reserves (TCF) Hydropower potential capacity (GW) Coal proved reserves (Million tons) Oil proved reserves (Billions bbl) Indonesia , Laos Malaysia Myanmar , Philippines Thailand , Vietnam

7 Energy Balance in ASEAN Most ASEAN countries are net oil importer (2010) Ktoe 65,000 61,356 55,000 45,000 35,000 29,952 25,000 15,000 15,352 17,994 5, ,150 1,195 3,229-5,000-15,000 Brunei Darussalam -8,302 Malaysia Laos Cambodia Myanmar Vietnam Philippines Indonesia Thailand Singapore -4,065 Source : Wood Makenzie 8 out of 10 ASEAN countries depend on imported crude 7

8 Energy Balance in ASEAN While few countries are gas importer (2010) Ktoe 10,000 4,810 7, ,000 Indonesia Malaysia Brunei Darussalam -8,515 Myanmar Thailand Singapore -7,514-20,000-30,000-26,093-40,000-50,000 Source : Wood Makenzie -37,896 Thailand & Singapore use imported gas from their neighboring countries but LNG will become alternative choice in the near future 8

9 Energy Balance in ASEAN Most ASEAN countries are highly dependent on oil import more than ever Ktoe 320, ,786 Oil 290, , , , , , , , , , ,000 74,539 80,000 50,000 39,706 20,000-10, ,000-24,858-70,000-56,482-58,570-67,598-68,219-64,879 Gas -100,000-83,093 Source : Wood Makenzie 9

10 Energy Balance in ASEAN Oil Consumption nearly double in 2030 but oil production keep declining Ktoe 400, ,000 Oil consumption Oil production 300, , , , ,000 50, Source: Wood Mckenzie 10

11 Energy Balance in ASEAN Gas consumption also continue to increase as well as gas production in the near future (2020) Ktoe 300,000 Gas consumption Gas production 250, , , ,000 50, Source: Wood Mckenzie 11

12 Energy Balance in ASEAN Continental ASEAN Concept Energy Deficit Energy Surplus Source : Dr. Pailin Chuchotaworn, PTT CEO.

13 Outline ASEAN Energy Overview ASEAN Energy Consumption Efficiency Opportunities and challenges in ASEAN ASEAN Collaboration

14 ASEAN Energy Intensity vs World in World Brunei Singapore Thailand Vietnam Indonesia Malaysia Philippines Laos Cambodia Burma (Myanmar) Total Primary Energy Consumption per Dollar of GDP (Btu per Year 2005 U.S. Dollars (Purchasing Power Parities)) Source : EIA 14

15 Carbon Intensity using Purchasing Power Parities Burma (Myanmar) Laos Cambodia Philippines Malaysia Vietnam Indonesia Thailand Singapore Brunei (Metric Tons of Carbon Dioxide per Thousand Year 2005U.S. Dollars) Source : EIA

16 Encouraging the efficient use of energy Efficient PP 5% CCS 10% Nuclear 10% Renewable 20% Bio Fuel 3% Energy efficiency 52% Remove fossil fuel subsidies Establish clear, consistent standards source: IEA, IIEC Improving energy efficiency is the best way to ensure energy security, limit greenhouse gas emissions, and insulate economies from the volatility of energy prices Educate & create awareness 16

17 Environmental Management: License to Operate GREEN CG CSR 17

18 Promote renewable energy in the region Biomass Thailand Indonesia Wind Power Go Green Biofuel Vietnam Indonesia Thailand Malaysia Laos Small hydro Solar Geothermal Laos All country in ASEAN Philippines 18

19 Outline ASEAN Energy Overview ASEAN Energy Consumption Efficiency Opportunities and challenges in ASEAN ASEAN Collaboration

20 Challenges vs. Opportunities Laos Limited Petroleum Resource Infrastructure Hydro Power Oil Retail Business Vietnam Energy accessibility Infrastructure Coal Business LPG Business Petrochemical Business Cambodia High dependency on imported energy Oil Retail Business OCA Myanmar Political E&P Business Insatiability Hydro Power Infrastructure Logistics, ports & Aim to use energy pipelines as country economy driver Philippines Geography Limited Petroleum Resource Oil Retail Business Malaysia Energy Subsidies Green Energy Refinery & Petrochemical Business LPG Business Singapore High dependency on imported energy Trading Indonesia Energy Subsidies Green Energy Coal Business Palm Oil Plantation E&P Business Brunei Energy Efficiency Coal Business

21 Thailand Energy Security 21

22 Outline ASEAN Energy Overview ASEAN Energy Consumption Efficiency Opportunities and challenges in ASEAN ASEAN Collaboration

23 ASEAN Must Accept Market Economy Increase competitiveness Depart from protectionism & subsidies Increase awareness AEC From the World competitiveness scoreboard rd Singapore 16th Malaysia 27th Thailand 37th Indonesia 41st Philippines Financial sector Telecommunication sector Energy sector Entrepreneurship Agricultural sector Commercial sector 23

24 Enhancing the security of petroleum supply for ASEAN members ASEAN Power Grid Trans ASEAN Gas Pipeline Regional Joint Stockpiling 24

25 Summary ASEAN is one of the fastest growing region in the world. Most of ASEAN counties highly depend on oil import while most countries are gas exporter. Lot of room for improvement on energy efficiency in ASEAN. Environment concern on carbon credit, Go Green Strategy and License to operate Collaboration : Increase in competitiveness, awareness and entrepreneurship and depart from protectionism and subsidies 25

26 Thank You

ASEAN POWER GRID : ROAD TO MULTILATERAL POWER TRADING. Presented By: Bambang Hermawanto Chairman, ASEAN Power Grid Consultative Committee (APGCC)

ASEAN POWER GRID : ROAD TO MULTILATERAL POWER TRADING. Presented By: Bambang Hermawanto Chairman, ASEAN Power Grid Consultative Committee (APGCC) ASEAN POWER GRID : ROAD TO MULTILATERAL POWER TRADING Presented By: Bambang Hermawanto Chairman, ASEAN Power Grid Consultative Committee (APGCC) ERC Forum 2015, Bangkok 01 October 2015 Overview of ASEAN

More information

Financing Energy Efficiency and Renewable Energy: Thailand s ENCON Fund

Financing Energy Efficiency and Renewable Energy: Thailand s ENCON Fund International Energy Efficiency Forum, ASTANA, KAZAKHSTAN, 27-30 September 2010 Financing Energy Efficiency and Renewable Energy: Thailand s ENCON Fund Prasert Sinsukprasert Director of Planning Division

More information

Global growth rates Macroeconomic indicators CEDIGAZ Reference Scenario

Global growth rates Macroeconomic indicators CEDIGAZ Reference Scenario Medium and Long Term Natural Gas Outlook CEDIGAZ February 215 Global growth rates Macroeconomic indicators CEDIGAZ Reference Scenario 4 3 %/year 199-213 213-235 6 Main consuming markets - %/year (213-235)

More information

The Asia-Pacific Energy Dilemma

The Asia-Pacific Energy Dilemma CHAPTER ONE The Asia-Pacific Energy Dilemma Kang Wu Jeffrey G. Brown Toufiq A. Siddiqi Traffic near the cooling towers of a nuclear power plant in Baotou, Nei Mongol Autonomous Region, China. Between 25

More information

Keisuke Sadamori Director, Energy Markets and Security International Energy Agency Kuala Lumpur, 8 October

Keisuke Sadamori Director, Energy Markets and Security International Energy Agency Kuala Lumpur, 8 October Keisuke Sadamori Director, Energy Markets and Security International Energy Agency Kuala Lumpur, 8 October The context Southeast Asia is a key pillar of Asia s growth A mix of countries with disparate

More information

Issue. September 2012

Issue. September 2012 September 2012 Issue In a future world of 8.5 billion people in 2035, the Energy Information Administration s (EIA) projected 50% increase in energy consumption will require true all of the above energy

More information

World Energy Outlook 2007: China and India Insights. www.worldenergyoutlook.org International Energy Agency

World Energy Outlook 2007: China and India Insights. www.worldenergyoutlook.org International Energy Agency World Energy Outlook 27: China and India Insights www.worldenergyoutlook.org International Energy Agency Why Focus on China & India? Increase in World Primary Energy Demand, Imports & Energy-Related CO

More information

Energy Projections 2006 2030 Price and Policy Considerations. Dr. Randy Hudson Oak Ridge National Laboratory

Energy Projections 2006 2030 Price and Policy Considerations. Dr. Randy Hudson Oak Ridge National Laboratory Energy Projections 2006 2030 Price and Policy Considerations Dr. Randy Hudson Oak Ridge National Laboratory There is perhaps no single current topic so potentially impacting to all life on this planet

More information

FINANCING OF LOW-CARBON ENERGY TECHNOLOGIES

FINANCING OF LOW-CARBON ENERGY TECHNOLOGIES FINANCING OF LOW-CARBON ENERGY TECHNOLOGIES Juan Alario Associate Director Head of Division, Energy Efficiency and Renewables European Investment Bank (EIB) III International Conference on Energy Innovation

More information

PETROLEUM SECTOR DEVELOPMENTS IN EGYPT

PETROLEUM SECTOR DEVELOPMENTS IN EGYPT PETROLEUM SECTOR DEVELOPMENTS IN EGYPT March 2009 2009 Business Studies & Analysis Center. All rights reserved. Unauthorized reproduction, copying, re-mailing, storage or website posting is prohibited.

More information

GLOBAL FLORIDA: the ASEAN markets

GLOBAL FLORIDA: the ASEAN markets 1 GLOBAL FLORIDA: the ASEAN markets Antonio Acunzo CEO, MTW Group, Singapore Tallahassee, on Wed 8 Apr 2015 2 ASEAN: 10 Economies, 1 Vision, 1 Community charting towards Regional Economic Integration INDONESIA

More information

London, 10 November 2015

London, 10 November 2015 London, 10 November 2015 The start of a new energy era? 2015 has seen lower prices for all fossil fuels Oil & gas could face second year of falling upstream investment in 2016 Coal prices remain at rock-bottom

More information

Supportive public policy is required to solve Asia s climate adaptation, mitigation and resilience challenges

Supportive public policy is required to solve Asia s climate adaptation, mitigation and resilience challenges Supportive public policy is required to solve Asia s climate adaptation, mitigation and resilience challenges Against the backdrop of international climate negotiations, this statement is a call for ambitious

More information

Power Generation and Cross-border Grid Planning for the Integrated ASEAN Electricity Market: A Dynamic Linear Programming Model

Power Generation and Cross-border Grid Planning for the Integrated ASEAN Electricity Market: A Dynamic Linear Programming Model Chapter 3 Power Generation and Cross-border Grid Planning for the Integrated ASEAN Electricity Market: A Dynamic Linear Programming Model Youngho Chang Nanyang Technological University Yanfei Li Nanyang

More information

Annex 5A Trends in international carbon dioxide emissions

Annex 5A Trends in international carbon dioxide emissions Annex 5A Trends in international carbon dioxide emissions 5A.1 A global effort will be needed to reduce greenhouse gas emissions and to arrest climate change. The Intergovernmental Panel on Climate Change

More information

Key Findings (preliminary): Asia Pacific Visitor Forecasts 2014-2018 Report

Key Findings (preliminary): Asia Pacific Visitor Forecasts 2014-2018 Report Key Findings (preliminary): Asia Pacific Visitor Forecasts 2014-2018 Report Please Note The findings presented here are preliminary and as delivered at the ASEAN Tourism Forum, January 2014. Final checks

More information

Energy Megatrends 2020

Energy Megatrends 2020 Energy Megatrends 2020 Esa Vakkilainen 1 NOTE The data included in the following is mainly based on International Energy Agency's (IEA) World Energy Outlook 2007 IEA is considered the most reliable source

More information

Transforming America s Energy Future. Kentucky. Energy Statistics. Developed by

Transforming America s Energy Future. Kentucky. Energy Statistics. Developed by Transforming America s Energy Future Kentucky Energy Statistics Developed by 2 2 Summary The first edition of Kentucky Energy Statistics is offered by the National Association for State Energy Officials

More information

Energy Prices, Climate Change Policy and U.S. Economic Growth

Energy Prices, Climate Change Policy and U.S. Economic Growth Energy Prices, Climate Change Policy and U.S. Economic Growth Prepared for: Southern Growth Policies Board Annual Conference Biloxi, Mississippi June 8, 2009 By: Dr. Margo Thorning, Ph.D. Senior Vice President

More information

UNEP IMF GIZ - GSI workshop. Reforming Fossil Fuel Subsidies for an Inclusive Green Economy

UNEP IMF GIZ - GSI workshop. Reforming Fossil Fuel Subsidies for an Inclusive Green Economy UNEP IMF GIZ - GSI workshop Reforming Fossil Fuel Subsidies for an Inclusive Green Economy April, 2014 1 Index I. Pricing Policy and Implicit Subsidies: a) Fossil fuels b) Electricity II. Mexican Fiscal

More information

2014 BP Madrid forum on energy & sustainability BP 2014

2014 BP Madrid forum on energy & sustainability BP 2014 14 BP Madrid forum on energy & sustainability BP 14 Contents Global energy trends Liquid fuels Refining implications European focus Energy Outlook 35 BP 14 Primary energy consumption growth slows and the

More information

ASEAN 2015: Implications on Philippine Human Resource Development

ASEAN 2015: Implications on Philippine Human Resource Development 1 ASEAN 2015: Implications on Philippine Human Resource Development Undersecretary Adrian S. Cristobal Jr. Department of Trade and Industry Managing Head, Board of Investments 2nd National Technology Vocation

More information

Energy [R]evolution vs. IEA World Energy Outlook scenario

Energy [R]evolution vs. IEA World Energy Outlook scenario Energy [R]evolution vs. IEA World Energy Outlook scenario New set of scenarios takes climate crisis into account World Energy Outlook (WEO) 2008 for the first time takes the climate crisis really into

More information

Increasing Distributed Solar Power through the Building Integrated Photovoltaic Project

Increasing Distributed Solar Power through the Building Integrated Photovoltaic Project RENEWABLE ENERGY Increasing Distributed Solar Power through the Building Integrated Photovoltaic Project A COMPREHENSIVE APPROACH Capacity support and incentives grow the photovoltaic market in Malaysia

More information

The 3rd ASEAN Energy Outlook

The 3rd ASEAN Energy Outlook 144 The 3rd ASEAN Energy Outlook DISCLAIMER "This report was prepared as part of the activities under the SOME-METI Programme on Energy Supply Security Planning in the ASEAN (ESSPA). The data and assumptions

More information

New Energy Foundation Renewable Energy Researchers Invitation Program 2015. April 2015 New Energy Foundation Tokyo, Japan

New Energy Foundation Renewable Energy Researchers Invitation Program 2015. April 2015 New Energy Foundation Tokyo, Japan New Energy Foundation Renewable Energy Researchers Invitation Program 2015 April 2015 New Energy Foundation Tokyo, Japan New Energy Foundation Established in 1980 at Tokyo Japan Public and non-profit organization

More information

Energy Situation in Egypt

Energy Situation in Egypt Energy Situation in Egypt Egypt has traditionally been a net exporter of energy. Until the late 1990s, it exported oil, but oil production has declined from its peak in the early 1990s, and now roughly

More information

World Energy Outlook 2009. Presentation to the Press London, 10 November 2009

World Energy Outlook 2009. Presentation to the Press London, 10 November 2009 World Energy Outlook 29 Presentation to the Press London, 1 November 29 The context The worst economic slump since the 2 nd World War & signs of recovery but how fast? An oil price collapse & then a rebound

More information

UNECE Energy Week Geneva. in Energy Security

UNECE Energy Week Geneva. in Energy Security UNECE Energy Week Geneva Investing in Energy Security Committee on Sustainable Energy and related Meetings Wednesday 28 November 2007 Special Session: Investing in and Financing the Hydrocarbon Sector

More information

Energy White Paper at a glance

Energy White Paper at a glance and Science Energy White Paper at a glance WWW. i Energy White Paper at a glance The Australian Government made an election commitment to deliver an Energy White Paper to give industry and consumers certainty

More information

The Electricity Sector Leads Energy Market Integration in East Asia: Introduction

The Electricity Sector Leads Energy Market Integration in East Asia: Introduction Chapter 1 The Electricity Sector Leads Energy Market Integration in East Asia: Introduction Yanrui Wu University of Western Australia Xunpeng Shi Economic Research Institute for ASEAN and East Asia (ERIA)

More information

Levelized Cost of New Electricity Generating Technologies

Levelized Cost of New Electricity Generating Technologies Levelized Cost of New Electricity Generating Technologies The Energy Information Administration (EIA) produces forecasts of energy supply and demand for the next 20 years using the National Energy Modeling

More information

SECTOR ASSESSMENT (SUMMARY): ENERGY 1

SECTOR ASSESSMENT (SUMMARY): ENERGY 1 Country Partnership Strategy: Kazakhstan 2012 2016 SECTOR ASSESSMENT (SUMMARY): ENERGY 1 Sector Road Map 1. Sector Performance, Problems, and Opportunities 1. Overview. Oil accounts for about a quarter

More information

Global Energy Trends; 2030 to 2050

Global Energy Trends; 2030 to 2050 Global Energy Trends; 2030 to 2050 Hilbre Consulting Limited, Heswall, Wirral, UK billwpyke@aol.com March 2012 This note synthesises and analyses the key conclusions from seven recent, authoritative studies

More information

Energy Offices Meeting

Energy Offices Meeting NASEO 2014 Mid Atlantic Regional State 25x 25: Progressing Towards the Goal Ernie Shea Project Coordinator May 1, 2014 Valley Forge, PA Energy Offices Meeting 25x 25: A National Alliance Formed through

More information

SECTOR ASSESSMENT (SUMMARY): ENERGY. 1. Sector Performance, Problems, and Opportunities

SECTOR ASSESSMENT (SUMMARY): ENERGY. 1. Sector Performance, Problems, and Opportunities Country Operations Business Plan: Philippines, 2013 2015 SECTOR ASSESSMENT (SUMMARY): ENERGY 1. Sector Performance, Problems, and Opportunities 1. Challenges. Economic growth has been impeded in the Philippines

More information

CRS Report Summaries WORKING DRAFT

CRS Report Summaries WORKING DRAFT CRS Report Summaries R40147 Green Buildings This is a definition and analysis of the cost and benefits of green buildings. It also cites agencies and laws that encourage the building of environmentally

More information

THE PHILIPPINE NATURAL GAS INDUSTRY

THE PHILIPPINE NATURAL GAS INDUSTRY THE PHILIPPINE NATURAL GAS INDUSTRY Jesus T. Tamang Officer-in in-charge, Natural Gas Office Department of Energy Presentation Outline Birth of the Industry Upstream Sector Downstream Sector Development

More information

Germany Energy efficiency report

Germany Energy efficiency report Germany Energy efficiency report Objectives: 231 TWh of end-user energy savings by 216 Overview 29 2-29 (% / year) Primary intensity (EU=1) 1 99 + -1.3% - CO 2 intensity (EU=1) 16 - -1.6% - CO 2 emissions

More information

GLOBAL RENEWABLE ENERGY MARKET OUTLOOK 2013

GLOBAL RENEWABLE ENERGY MARKET OUTLOOK 2013 GLOBAL RENEWABLE ENERGY MARKET OUTLOOK 213 FACT PACK GUY TURNER HEAD OF ECONOMICS AND COMMODITIES APRIL 26, 213 GLOBAL RENEWABLE ENERGY MARKET OUTLOOK, 26 APRIL 213 1 INTRODUCTION This year s Global Renewable

More information

Alternative and Renewable Energy. Christopher Nicholson section: AD Last 4 # of SIN: 5001

Alternative and Renewable Energy. Christopher Nicholson section: AD Last 4 # of SIN: 5001 Alternative and Renewable Energy Christopher Nicholson section: AD Last 4 # of SIN: 5001 Current Primary Energy Sources Current Primary Energy Sources The pie chart on the left depicts global sources of

More information

Population, Health, and Human Well-Being-- Nigeria

Population, Health, and Human Well-Being-- Nigeria Population, Health, and Human Well-Being-- EarthTrends Country Profiles Demographic and Health Indicators Total Population (in thousands of people) 195 29,79 176,775 2,519,495 22 12,47 683,782 6,211,82

More information

WORLD ENERGY OUTLOOK 2014 FACTSHEET How will global energy markets evolve to 2040?

WORLD ENERGY OUTLOOK 2014 FACTSHEET How will global energy markets evolve to 2040? How will global energy markets evolve to 2040? In the New Policies Scenario, energy demand grows by 37% to 2040 on planned policies, an average rate of growth of 1.1%. Demand grew faster over the previous

More information

A macro-economic viewpoint. What is the real cost of offshore wind? siemens.com / wind

A macro-economic viewpoint. What is the real cost of offshore wind? siemens.com / wind A macro-economic viewpoint What is the real cost of offshore wind? siemens.com / wind in the cost debate A broader view of the value of renewables. Globally, installed power generation capacity currently

More information

Sweden Energy efficiency report

Sweden Energy efficiency report Sweden Energy efficiency report Objectives: o 41 TWh of end use energy savings in 216 o 2 reduction in total energy intensity by 22 Overview - (%/year) Primary intensity (EU=1)¹ 124 - -1.8% + CO 2 intensity

More information

Implications of Abundant Natural Gas

Implications of Abundant Natural Gas Implications of Abundant Natural Gas JAE EDMONDS AND HAEWON MCJEON APRIL 2013 May 29, 2013 1 Background May 29, 2013 2 The natural gas revolution The application of technologies for accessing unconventional

More information

Population, Health, and Human Well-Being-- Kuwait

Population, Health, and Human Well-Being-- Kuwait Population, Health, and Human Well-Being-- EarthTrends Country Profiles Demographic and Health Indicators Total Population (in thousands of people) 195 152 111,647 2,519,495 22 2,23 423,296 6,211,82 225

More information

World Energy Outlook. Dr. Fatih Birol IEA Chief Economist Paris, 27 February 2014

World Energy Outlook. Dr. Fatih Birol IEA Chief Economist Paris, 27 February 2014 World Energy Outlook Dr. Fatih Birol IEA Chief Economist Paris, 27 February 2014 The world energy scene today Some long-held tenets of the energy sector are being rewritten Countries are switching roles:

More information

Key Development Trends in Supply Chain Management

Key Development Trends in Supply Chain Management Key Development Trends in Supply Chain Management November 4, 2010 A member of the Li & Fung Group Three Key Supply Chain Challenges These Days 1. Unpredictable Customer Demand 2. Sophisticated Supply

More information

The Global Commission on the Economy and Climate. Major Economies Forum, Paris

The Global Commission on the Economy and Climate. Major Economies Forum, Paris The Global Commission on the Economy and Climate Major Economies Forum, Paris Jeremy Oppenheim, Programme Director 11 th July 2014 Purpose of the Global Commission Reframe the debate about economic growth

More information

Overview of East Asia Infrastructure Trends and Challenges

Overview of East Asia Infrastructure Trends and Challenges Overview of East Asia Infrastructure Trends and Challenges Christian Delvoie. Director, Knowledge Strategy Group, The World Bank Until September 28: Director, Sustainable Development, East Asia and Pacific

More information

UNITED NATIONS Economic and Social Commission for Asia and the Pacific 53 member States 9 associate members

UNITED NATIONS Economic and Social Commission for Asia and the Pacific 53 member States 9 associate members UNITED NATIONS Economic and Social Commission for Asia and the Pacific 53 member States 9 associate members South and South-West Asia Afghanistan Bangladesh Bhutan India Iran Maldives Nepal Pakistan Sri

More information

Russia: energy market developments. Marc-Antoine Eyl-Mazzega Russia Programme Manager Paris, 16 December 2014

Russia: energy market developments. Marc-Antoine Eyl-Mazzega Russia Programme Manager Paris, 16 December 2014 Russia: energy market developments Marc-Antoine Eyl-Mazzega Russia Programme Manager Paris, 16 December 2014 IEA: 29 Members, worldwide engagement IEA member countries Accession countries Key Partner countries

More information

U.S. Trade Overview, 2013

U.S. Trade Overview, 2013 U.S. Trade Overview, 213 Stephanie Han & Natalie Soroka Trade and Economic Analysis Industry and Analysis Department of Commerce International Trade Administration October 214 Trade: A Vital Part of the

More information

Gasification as a Strategic Energy and Environmental Option

Gasification as a Strategic Energy and Environmental Option Gasification as a Strategic Energy and Environmental Option William G. Rosenberg 79 John F. Kennedy Street Center for Business & Government Belfer Center for Science & International Affairs Kennedy School

More information

Renewable energy business and policy in Europe, in brief

Renewable energy business and policy in Europe, in brief UNIVERSITY OF TWENTE Renewable energy business and policy in Europe, in brief Presentation for the Energy Conference, Ener2i project, Yerevan, 2 October, 2015 Yoram Krozer, University Twente - CSTM and

More information

FY2015 Survey on the International Operations of Japanese Firms JETRO Overseas Business Survey

FY2015 Survey on the International Operations of Japanese Firms JETRO Overseas Business Survey Japan External Trade Organization FY2015 Survey on the International Operations of Japanese Firms JETRO Overseas Business Survey March 3, 2016 Japan External Trade Organization (JETRO) Table of contents

More information

Comparison of Recent Trends in Sustainable Energy Development in Japan, U.K., Germany and France

Comparison of Recent Trends in Sustainable Energy Development in Japan, U.K., Germany and France Comparison of Recent Trends in Sustainable Energy Development in Japan, U.K., Germany and France Japan - U.S. Workshop on Sustainable Energy Future June 26, 2012 Naoya Kaneko, Fellow Center for Research

More information

Southeast Asia Development: A Japanese Perspective

Southeast Asia Development: A Japanese Perspective Southeast Asia Development: A Japanese Perspective Masahiro Kawai Graduate School of Public Policy University of Tokyo Past is Prologue for Southeast Asia Development: Japan and U.S. Perspectives Carnegie

More information

APO COE on GP Model: Green Energy. Dr. Jyh-Shing Yang Senior Supervisor Industrial Technology Research Institute

APO COE on GP Model: Green Energy. Dr. Jyh-Shing Yang Senior Supervisor Industrial Technology Research Institute APO COE on GP Model: Green Energy Dr. Jyh-Shing Yang Senior Supervisor Industrial Technology Research Institute Presentation Outline Taiwan Green Energy Achievements Green Energy Technical Services Future

More information

Overview of Asian Insurance Markets

Overview of Asian Insurance Markets Overview of Asian Insurance Markets Simon Walpole Session Number: TPS2 Joint IACA, IAAHS and PBSS Colloquium in Hong Kong www.actuaries.org/hongkong2012/ Market Ranking in Asia Notes: 1. Colored boxes

More information

Democratic and Republican Positions on Environmental Issues. Edward H. Klevans, Professor and Department Head Emeritus of Nuclear Engineering

Democratic and Republican Positions on Environmental Issues. Edward H. Klevans, Professor and Department Head Emeritus of Nuclear Engineering Democratic and Republican Positions on Environmental Issues Edward H. Klevans, Professor and Department Head Emeritus of Nuclear Engineering Issue: Climate Change Democratic Position The Democratic Platform

More information

Critical Policy Options to Protect Industry Competitiveness

Critical Policy Options to Protect Industry Competitiveness Critical Policy Options to Protect Industry Competitiveness Graham Weale Chief Economist, RWE AG IEA Energy Business Council Meeting, Paris 4 th June 2013 RWE Group a leading European energy utility >

More information

Interdisciplinary Degree Programs in ASEAN Plus Six Countries

Interdisciplinary Degree Programs in ASEAN Plus Six Countries Interdisciplinary Degree Programs in ASEAN Plus Six Countries Prof.Dr. Srisakdi Charmonman Pornphisud Mongkhovanit Abstract Nowadays important problems cannot be solved by using only one discipline of

More information

OUTLOOK FOR NATURAL GAS IN EUROPE

OUTLOOK FOR NATURAL GAS IN EUROPE 6th German-Norwegian Energy Conference OUTLOOK FOR NATURAL GAS IN EUROPE Dr. Berit Tennbakk, Partner, RETROSPECT FALLING AND CONVERGING GAS PRICES HISTORICAL DEVELOPMENT MAIN DRIVERS Financial crisis Fukushima

More information

Please address your inquiries to balances@iea.org.

Please address your inquiries to balances@iea.org. Excerpt from: ii - EXCERPT FROM ENERGY BALANCES OF OECD COUNTRIES (215 edition) The following analysis is an excerpt from the publication Energy Balances of OECD Countries (215 edition). Please note that

More information

Details on the Carbon Tax (Tax for Climate Change Mitigation)

Details on the Carbon Tax (Tax for Climate Change Mitigation) Details on the Carbon Tax (Tax for Climate Change Mitigation) Introduction of Carbon Tax Contents 1. Background and Purpose of Carbon Tax 2. Mechanism of Carbon Tax 3. Household Burden due to Carbon Tax

More information

Pet Coke Consulting, LLC. Phil Fisher Argus Conference, Houston September 19-21, 2012

Pet Coke Consulting, LLC. Phil Fisher Argus Conference, Houston September 19-21, 2012 Pet Coke Consulting, LLC Phil Fisher Argus Conference, Houston September 19-21, 2012 Will Pet Coke continue to be made over next 25 years? To answer, we need to know: What drives pet coke production? How

More information

Laos Tax Profile. Produced in conjunction with the KPMG Asia Pacific Tax Centre. Updated: June 2015

Laos Tax Profile. Produced in conjunction with the KPMG Asia Pacific Tax Centre. Updated: June 2015 Laos Tax Profile Produced in conjunction with the KPMG Asia Pacific Tax Centre Updated: June 2015 Contents 1 Corporate Income Tax 1 2 Income Tax Treaties for the Avoidance of Double Taxation 5 3 Indirect

More information

Oil Price and Korean Economy

Oil Price and Korean Economy Oil Price and Korean Economy April 17, 2015 Jaerang Lee - Contents - I. Oil Price Outlook II. Effects on Korean Economy III. Conclusion I. Oil Price Outlook Oil prices have lowered to around mid 50 dollars

More information

To Be A Leader and A Premier Educational Hub in the Promotion of Afforable and Quality E-Learning in Asia

To Be A Leader and A Premier Educational Hub in the Promotion of Afforable and Quality E-Learning in Asia Executive Master of Business ( General Management ) To Be A Leader and A Premier Educational Hub in the Promotion of Afforable and Quality E-Learning in Asia THE 1 UNIVERSITY 1 st ASIAN 33 COUNTRIES MULTINATIONAL

More information

Good afternoon, and thanks to the Energy Dialogue for your kind invitation to speak today.

Good afternoon, and thanks to the Energy Dialogue for your kind invitation to speak today. Good afternoon, and thanks to the Energy Dialogue for your kind invitation to speak today. Europe is at the forefront of a global transition to a cleaner energy economy. At the same time globally energy

More information

LNG Poised to Significantly Increase its Share of Global Gas Market David Wood February 2004 Petroleum Review p.38-39

LNG Poised to Significantly Increase its Share of Global Gas Market David Wood February 2004 Petroleum Review p.38-39 LNG Poised to Significantly Increase its Share of Global Gas Market David Wood February 2004 Petroleum Review p.38-39 For the past few years LNG has experienced high levels of activity and investment in

More information

Analysis the Level of Intra-Industry Trade for ASEAN s Economy

Analysis the Level of Intra-Industry Trade for ASEAN s Economy Analysis the Level of Intra-Industry Trade for ASEAN s Economy Assistant Professor Dr Thanet Wattanakul* ABSTRACT This paper aims to examine and analyse the level of intra-industry trade on economy of

More information

Best of the Best Benchmark. Adobe Digital Index APAC 2015

Best of the Best Benchmark. Adobe Digital Index APAC 2015 Best of the Best Benchmark Adobe Digital Index APAC 2015 ADOBE DIGITAL INDEX Best of the Best Benchmark (APAC) This report covers the performance of companies in Asia Pacific region, including Japan (APAC).

More information

How To Understand The Global Energy Picture

How To Understand The Global Energy Picture Energy Perspectives 215 Long-term macro and market outlook Press seminar, Oslo, June 215 Eirik Wærness, Chief economist 2 Energy Perspectives 215 Macro and market outlook to 2 www.statoil.com/energyperspectives

More information

Oil & Gas Market Outlook. 6 th Norwegian Finance Day Marianne Kah, Chief Economist March 2, 2016

Oil & Gas Market Outlook. 6 th Norwegian Finance Day Marianne Kah, Chief Economist March 2, 2016 Oil & Gas Market Outlook 6 th Norwegian Finance Day Marianne Kah, Chief Economist March 2, 2016 Challenging Market Environment Concerns that global economic growth will slow and reduce global oil and natural

More information

PARTNER COUNTRY SERIES. Developing a Natural Gas Trading Hub in Asia. Obstacles and Opportunities

PARTNER COUNTRY SERIES. Developing a Natural Gas Trading Hub in Asia. Obstacles and Opportunities PARTNER COUNTRY SERIES Developing a Natural Gas Trading Hub in Asia Obstacles and Opportunities PARTNER COUNTRY SERIES Developing a Natural Gas Trading Hub in Asia Obstacles and Opportunities Warner ten

More information

EXPERT MEETING on. Geneva, 24-25 September 2007. Foreign Direct Investment in Vietnam. Ms. Le Hai Van

EXPERT MEETING on. Geneva, 24-25 September 2007. Foreign Direct Investment in Vietnam. Ms. Le Hai Van EXPERT MEETING on COMPARING BEST PRACTICES FOR CREATING AN ENVIRONMENT CONDUCIVE TO MAXIMIZING DEVELOPMENT BENEFITS, ECONOMIC GROWTH AND INVESTMENT IN DEVELOPING COUNTRIES AND COUNTRIES WITH ECONOMIES

More information

Economic Outlook for Southeast Asia, China and India 2015

Economic Outlook for Southeast Asia, China and India 2015 Economic Outlook for Southeast Asia, China and India 2015 The full report is available on line at: http://dx.doi.org/10.1787/saeo-2015-en The full report is published on the OECD ilibrary, www.oecd-ilibrary.org,

More information

The ASEAN Comprehensive on Investment Agreement (ACIA): possible lesson learned

The ASEAN Comprehensive on Investment Agreement (ACIA): possible lesson learned The ASEAN Comprehensive on Investment Agreement (ACIA): possible lesson learned MENA-OECD Conferences: WG-1 on Investment Policies and Promotion, 15-16 December 2010, Paris, France Rizar Indomo Nazaroedin

More information

International Energy Outlook 2007

International Energy Outlook 2007 DOE/EIA-0484(2007) International Energy Outlook 2007 May 2007 Energy Information Administration Office of Integrated Analysis and Forecasting U.S. Department of Energy Washington, DC 20585 This publication

More information

Low-Carbon Development for Mexico (MEDEC)

Low-Carbon Development for Mexico (MEDEC) Low-Carbon Development for Mexico () World Bank LCR Sustainable Development Department March 17, 2011 Questions for Low-Carbon Studies What does a low-carbon pathway look like? How much might it cost?

More information

ICT Development Index (IDI)

ICT Development Index (IDI) ITU Regional Forum and Training Workshop on Telecommunication/ICT Indicators: Measuring the Information Society and ITU ASEAN Meeting on Establishing National ICT Statistics Portals and Measuring ASEAN

More information

EU Energy Policy and the Energy Situation in Germany

EU Energy Policy and the Energy Situation in Germany IIPS Japan Policy Commentary EU Energy Policy and the Energy Situation in Germany By Mikihiko Shimizu Senior Research Fellow at IIPS Introduction Japan s energy policy is undergoing fundamental review

More information

Global Marine Trends 2030

Global Marine Trends 2030 Global Marine Trends 2030 Global Marine Trends 2030 A Positive Marine World in 2030 Optimism is a strategy for making a better future. Because unless you believe that the future can be better, you are

More information

The energy world is currently undergoing radical changes - creating opportunities for investment, jobs, and innovation.

The energy world is currently undergoing radical changes - creating opportunities for investment, jobs, and innovation. Ladies and gentlemen, I am very happy to be here with you today, particularly to be addressing this business forum. Renewables deployment will be industry and policy makers, and an effective dialogue is

More information

Natural Gas and LNG Business Today and Tomorrow

Natural Gas and LNG Business Today and Tomorrow Natural Gas and LNG Business Today and Tomorrow September 7, 2011 Mitsubishi Corporation Energy Business Group Junichi Iseda Senior Vice President, Division COO Natural Gas Business Division B Part 1:

More information

Canada s Energy Sector in a Changing Global Market. Kristi Varangu Director, International Energy Division March 10, 2014

Canada s Energy Sector in a Changing Global Market. Kristi Varangu Director, International Energy Division March 10, 2014 Canada s Energy Sector in a Changing Global Market Kristi Varangu Director, International Energy Division March 10, 2014 2 Purpose Illustrate the profound changes that are taking place in global and North

More information

Alternative Energy. Terms and Concepts: Relative quantities of potential energy resources, Solar constant, Economies of scale

Alternative Energy. Terms and Concepts: Relative quantities of potential energy resources, Solar constant, Economies of scale Objectives Key Terms and Concepts Introduction Solar Wind Hydroelectric Power Geothermal Sources Biofuels Summary: Economies of Scale Questions for the video if time permits Alternative Energy Objectives:

More information

Trends in the oil and gas markets

Trends in the oil and gas markets Trends in the oil and gas markets Danske Markets oil and gas seminar Oslo, 12.06.12 Ottar Skagen, Statoil CFO Macroeconomics and Market Analysis Oil prices on a rollercoaster since the mid 2000s Source:

More information

International Workshop on Renewable Energy Policies in Developing Countries, November 22-23, 2010 Washington, DC

International Workshop on Renewable Energy Policies in Developing Countries, November 22-23, 2010 Washington, DC RENEWABLE ENERGY in MENA Region: Assets and Challenges Mustapha Taoumi, Project Officer, MENA Region Contents 1. Worldwide situation 2. Potential in MENA countries 3. Actual situation 4. Assets 5. Challenges

More information

NATURAL GAS DEMAND AND SUPPLY Long Term Outlook to 2030

NATURAL GAS DEMAND AND SUPPLY Long Term Outlook to 2030 1. Background On different occasions, Eurogas is asked to present its views on the future of the European gas industry. The forecasts are mainly needed for conferences and bilateral discussions with European

More information

Changing Landscape of LNG Business in the APEC Region

Changing Landscape of LNG Business in the APEC Region Changing Landscape of LNG Business in the APEC Region APEC Workshop on APEC Energy Future Ulsan, Korea 22 August 2005 Yonghun Jung, Ph.D Vice President Asia Pacific Energy Research Centre, Tokyo Table

More information

SOUTHEAST ASIA S SUPPLY CHAIN CHALLENGE: BUILDING A PLATFORM FOR GROWTH

SOUTHEAST ASIA S SUPPLY CHAIN CHALLENGE: BUILDING A PLATFORM FOR GROWTH MALAYSIA INSTITUTE FOR SUPPLY CHAIN INNOVATION WHITE PAPER SOUTHEAST ASIA S SUPPLY CHAIN CHALLENGE: BUILDING A PLATFORM FOR GROWTH BY KEN COTTRILL GLOBAL COMMUNICATIONS CONSULTANT MIT CENTER FOR TRANSPORTATION

More information

Natural Gas and Electricity Coordination Experiences and Challenges

Natural Gas and Electricity Coordination Experiences and Challenges 1 Natural Gas and Electricity Coordination Experiences and Challenges Challenges Facing the New England Power System Gordon van Welie, President and CEO, ISO New England 2015 IEEE Power & Energy Society

More information

Nuclear Knowledge Management in Thailand

Nuclear Knowledge Management in Thailand Nuclear Knowledge Management in Thailand By Kanokrat Tiyapun Office of Atoms for Peace, Thailand Presented in the workshop on managing nuclear knowledge, 22-26 August 2005, Trieste, Italy Alternative Energy

More information

INTRODUCTION TO THE ETHANOL SUPPLEMENT

INTRODUCTION TO THE ETHANOL SUPPLEMENT INTRODUCTION TO THE Program planning for export market development must take into account the diversity of market development programs, geographic realities, economic conditions, the nature of constraints

More information

Roadmap for moving to a competitive low carbon economy in 2050

Roadmap for moving to a competitive low carbon economy in 2050 Roadmap for moving to a competitive low carbon economy in 2050 COUNTRY CAPITAL XXX, 9 March 2011 NAME XXX DG Climate Action European Commission 1 Limiting climate change a global challenge Keeping average

More information

Energy Prices. Presented by: John Heffernan

Energy Prices. Presented by: John Heffernan Global Wholesale Energy Prices Presented by: John Heffernan Energy in 2012 In 2012, the growth in Energy consumption slowed in 2012 90% of this growth came from China & India Consumption & production of

More information