Asian Countries Increase Spend More on Renewable and Clean Power Than Other Developed Nations
“Asian countries are overtaking developed ones in terms of spending on renewable and cleaner fossil power projects,” said Daria La Valle, the conference manager of Clean Power Asia. This is clearly illustrated by the 27 case studies of recent and upcoming clean power projects in the Asian region which will be presented at Clean Power Asia 2012 which is taking place in Bali, Indonesia in May.
The annual conference and exhibition will gather some 600 leading Asian renewable and cleaner fossil power experts, utilities, energy ministries, regulators, investors and technology and service providers to discuss the latest renewable and cleaner fossil power developments in the region as well as the main challenges that utilities face to adopt greener power sources.
Future of renewable energy in developing world
The future of renewable and clean energy is now in the developing world” says Daria La Valle, “and new government policies have made it more palatable for foreign investors to finance clean power projects here in Asia through various financial instruments and clearer regulatory frameworks.”
The Clean Power Asia conference manager continues: “Indonesia has announced a master plan for the development of renewable energy resources and set a target for renewables to represent 25% of total energy consumption in 2025. Malaysia is hoping that the recently launched National Renewable Energy Policy Plan will help the country hit its targets and the new feed-in-tariffs that recently came into effect will certainly help achieving those targets. Thailand launched its 15-year Renewable Energy Development plan last year and aims to increase renewable energy from 6.4% to 20% in 2022.”
Indonesia the next regional powerhouse
Clean Power Asia’s Daria La Valle says Indonesia in particular has huge potential to be a leading power player in the region: “Indonesia is actually the country with the biggest potential for both renewable as well as cleaner fossil power generation in Southeast Asia. The country sits on the largest geothermal energy resources in the world and has great bioenergy, solar and hydropower potential. Combine this with extensive coal resources and a low electrification rate, and you can see the potential of Indonesia to be the powerhouse of the region.” ===
In addition, she notes, the fall in equipment costs and growing appetite for clean technology has resulted in increased policy support measures and increased investment in cleaner fossil power investments. She adds: “Thailand is involved in clean coal pilot projects, Indonesia is building its first ultra supercritical coal fired power plant. TNB Malaysia has increased its operational efficiency by upgrading 6 existing plants. Successful CO2 sequestration achievements are made and much effort is being made in power plant optimisation and efficiency increase resulting in tremendous CO2 emission reduction results.”
Clean Power Asia’s conference programme will feature more than 80 experts, including:
Future of renewable energy in developing world
The future of renewable and clean energy is now in the developing world” says Daria La Valle, “and new government policies have made it more palatable for foreign investors to finance clean power projects here in Asia through various financial instruments and clearer regulatory frameworks.”
The Clean Power Asia conference manager continues: “Indonesia has announced a master plan for the development of renewable energy resources and set a target for renewables to represent 25% of total energy consumption in 2025. Malaysia is hoping that the recently launched National Renewable Energy Policy Plan will help the country hit its targets and the new feed-in-tariffs that recently came into effect will certainly help achieving those targets. Thailand launched its 15-year Renewable Energy Development plan last year and aims to increase renewable energy from 6.4% to 20% in 2022.”
Indonesia the next regional powerhouse
Clean Power Asia’s Daria La Valle says Indonesia in particular has huge potential to be a leading power player in the region: “Indonesia is actually the country with the biggest potential for both renewable as well as cleaner fossil power generation in Southeast Asia. The country sits on the largest geothermal energy resources in the world and has great bioenergy, solar and hydropower potential. Combine this with extensive coal resources and a low electrification rate, and you can see the potential of Indonesia to be the powerhouse of the region.” ===
In addition, she notes, the fall in equipment costs and growing appetite for clean technology has resulted in increased policy support measures and increased investment in cleaner fossil power investments. She adds: “Thailand is involved in clean coal pilot projects, Indonesia is building its first ultra supercritical coal fired power plant. TNB Malaysia has increased its operational efficiency by upgrading 6 existing plants. Successful CO2 sequestration achievements are made and much effort is being made in power plant optimisation and efficiency increase resulting in tremendous CO2 emission reduction results.”
Clean Power Asia’s conference programme will feature more than 80 experts, including:
- Datuk Loo Took Gee, Secretary General, Ministry of Energy, Green Technology and Water, Malaysia
- Dr. Songpope Polachan, Director General, Department of Mineral Fuels, Ministry of Energy, Thailand
- Hatsady Sysoulath, Director General of Institute of Renewable Energy Promotion, Ministry of Energy and Mines, Lao PDR
- Dr Direk Lavansiri, Chairman, Energy Regulatory Commission, Thailand
- Dr Kardaya Warnika, Director General of New, Renewable Energy and Energy Conservation Ministry of Energy and Mineral Resources, Indonesia
- Nu Pamudji, President Director, PT PLN (Persero), Indonesia -Shinta W. Kamdani, Vice Chairwoman in KADIN Indonesia (Indonesian Chamber of Commerce and Industry), Owner and Managing Director of Sintesa Group, and Steering Committee of IBCSD (Indonesian Business Council for Sustainable Development)
- Y. Bhg. Dato’ Mohd Nazri Shahruddin, VP of Power Generation, Tenaga Nasional Berhad (TNB), Malaysia
- Yokihiro Hirabayashi, Department Deputy Director, International Business Development Dept., J-POWER, Japan
- Dr. Nattakit Parkpoom, Specialist System Power Planning, Generation Division, EGAT, Thailand -Heru Dewanto, Commissioner, PT Cirebon Electric Power, Indonesia
- Anupam Datta, General Manager, Calcutta Electric Supply Corporation (CESC Ltd), India
Event dates and location:
14 - 16 May 2012
Bali International Convention Centre, Bali,
Indonesia
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