Power & Energy Series set to gather top regional utility firms, IPPs

by MARK RAO/ pic by MUHD AMIN NAHARUL

THE inaugural Power & Energy Series will draw together leading utility companies and independent power producers (IPPs) in South-East Asia to help Malaysia and the region transition into a new and sustainable energy future.

The event, to be held for three days from Sept 3, 2019, is organised by Clarion Energy with Tenaga Nasional Bhd as the host utility partner, and is expected to draw over 11,000 visitors and 2,000 international buyers.

Clarion Energy portfolio director (Asia) Nick Rastall said the event is the first of its kind in the world and provides a platform to drive the transition into a new energy future.

“This event plays a crucial role in bringing together leading power, energy and utility companies with innovative professionals to drive the changing landscape and discover the future of the power and energy industry in Asia.

“In addition to enabling participants to benefit from the exchange as well as the sharing of knowledge and technical expertise, this convention also presents unrivalled business opportunities for key organisations within the field,” he said in a media briefing in Kuala Lumpur yesterday.

The convention is divided into five main showcases covering the entire value chain in the power industry, focusing on the generation, transmission and distribution of both conventional and renewable energy (RE).

Rastall said among the utility firms to attend the showcases are Indonesia’s PT Perusahaan Listrik Negara, the Electricity Generating Authority of Thailand and Vietnam Electricity Corp.

Leading regional IPPs and commercial players are also expected to be present at the event, he added.

The Power & Energy Series is endorsed by the Ministry of Energy, Science, Technology, Environment and Climate Change, in line with Malaysia’s energy efficiency and RE initiatives.

Malaysia targets to increase its RE generation mix to 20% by 2025 from only 2% in 2016, while reducing carbon emissions per GDP by 45% in 2030.

As such, Rastall said, the event is designed to reflect these changes, including a free-to-attend knowledge hub focusing on solar energy and panels centred on financing renewables.

“Traditionally, power generation has been conventional with a lot of focus on conventional power. You will see those changes this year that we are adding a lot more into RE.

“It is not just in Malaysia. It is a trend that is happening globally and many countries in South-East Asia. We are reflecting that, particularly in our content,” he said.

The event is supported by the Malaysia Convention and Exhibition Bureau (MyCEB), a government agency operating under the purview of the Ministry of Tourism, Arts and Culture.

MyCEB CEO Datuk Zulkefli Sharif (picture) said the agency’s top priority is to grow the country’s business tourism industry while acting as a conduit for the public and private sectors.

“When you have this kind of event in Malaysia, you are giving the opportunity for the government and Malaysian suppliers to meet international buyers, as well as to find out what are the best technologies that can be used for Malaysia,” he said at the event. “If you look at it, it is not about tourism but beyond tourism benefits.”

Zulkefli said the advantages include knowledge transfer, technology sharing, trade opportunities between buyers and sellers, and building a legacy for the country.

This is because business tourists spend three times more than leisure tourists, he added. As such, MyCEB has secured 152 international business events last year, generating an estimated RM1.58 billion for the Malaysian economy, and is targeting a minimum growth of over 10% in 2019, Zulkefli said.

“We aim to further strengthen Malaysia’s global appeal and position the country as the leading destination for international meetings, conventions, trade exhibitions and major events,” he said.

The Power & Energy Series will see PowerGen Asia and Asian Utility Week co-located with DistribuTECH Asia, SolarVision and Energy Capital Leaders Asia showcases over the three-day event.