Permanent Secretary of the Ministry of Energy of Thailand Areepong Bhoocha-Oom launched the Future Energy Asia Exhibition & Conference today (24 April), in an initiative towards securing the path to Thailand’s Energy 4.0.
The conference is a major priority for the government of Thailand, which creates incredible business opportunities for both integrated and non-integrated energy companies globally.
The government says that the conference is the perfect platform for NOCs and IOCs to foster the transition from traditional fuel suppliers to integrated energy providers for a more efficient and sustainable energy mix across Asia.
Globally, energy demand will increase by around 30% to 2030, driven by increasing prosperity in developing countries and by fast growing emerging markets. The energy mix is changing driven by technology and environment concerns.
The primary demand will still be oil and gas, but industry is adapting and changing and is seeing these traditional fossil fuels provide the transition to the evolution that is underway natural gas and LNG will be the primary fuel source for Asia’s continued development.
Future Energy Asia will focus on oil, gas and renewables, the event is set forth to outline the perfect scenarios of mixed fuels and technologies needed to meet growing energy demand, improve efficiency and support the transition to a lower-carbon economy. It will be held from 12-14 December 2018 at BITEC, Thailand with 15,000+ visitors, 2500+ delegates, 300 speakers and over 600 exhibiting companies.
“Thailand 4.0 means opportunity and the transformation in the energy sector of the country as well. As we move more closely towards an improved energy system, energy production and consumption must adapt radically to ensure the demands of growing populations are met, whilst ensuring cleaner and more efficient delivery is achieved. While renewable and other carbon-free energy will play a primary role, the importance of fossil fuels, in particular natural gas, in delivering the cost-effective and immediate requirements of Asia’s growing demand cannot be ignored. Fossil fuel & renewable energy can certainly form the core elements of a transition to a cleaner & more sustainable energy future for Asia,” says Bhoocha-Oom.
Bhoocha-Oom says that holding Future Energy Asia exhibition and conference in Thailand reflects Thailand’s continuous efforts to promote new projects, attract investments in the energy sector, and consolidate communication with foreign investors and large international corporations, which are foremost on the investment opportunities map. The event will act as a collaborative effort to publicize Thailand’s new policies and readiness as an investment hub and showcase Thailand’s potential to become the sustainable energy hub for Asia, as it transitions to Thailand 4.0.
“Thailand is clearly a growing market with huge opportunities, and ‘Future Energy Asia 2018’ presents the first opportunity for local, regional and international energy companies across the full value chain of this promising sector to come together and create a blueprint for the future energy security of Asia. This inaugural Show will provide an opportunity for global buyers and sellers to display their products and services on the exhibition floor, and to establish alliances and partnerships. The conference represents an unparalleled opportunity for the global energy industry to explore the opportunities and challenges of the exciting Asian market," says Christopher Hudson, president of DMG Events Global Energy.
Along with the conference and exhibition, the event will host strategic Ministerial meetings, an awards ceremony and fund that will support research and development in energy and social programs on all the days to facilitate networking with peers, business partners and key stakeholders in the energy sector.
“The Conference will not only address the technical aspects of gas, oil and renewables, but also host discussions addressing the challenges facing the industry to include both business and political issues. Some of the key topics include ‘delivering power to grids’, developing efficient and smart electricity distribution and transmission networks, lighting up Asia’s cities: next-generation power generation strategies and technology and ‘creating a blueprint for a harmonious fuel mix: maximizing the use and efficiency of fossil fuels in conjunction with carbon-free energy,’”says Hudson.
Future Energy Asia 2018 is the latest expansion in dmg events' Global Energy Division conference and exhibition portfolio, which includes some of the world's largest and most important events, including the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC), Gastech in Barcelona, and the Global Petroleum Show (GPS) in Canada.
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