Page 14 - MMI_MarApr 2021 (high-singles)
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VIEWPOINT
FOR A SUSTAINABLE ENERGY FUTURE
Energy leaders from the Asia Pacific region deliberate and arrive at seven key
trends for a successful transition towards a sustainable energy future.
Source: Magic Wand Media
A s the world’s fastest grow- curity as our energy infrastruc- 2 Ramp up the
ing economic region to- ture is in the hands of the private contribution of
day, Asia Pacific is wit- sector. Therefore, we need to find renewables for
nessing increasing urbanization, the balance between accessibili- long-term sustainability
rising population and monumen- ty, affordability, and sustainabil-
tal energy needs. With Asia Pacific ity. As regards to our country’s “Under our National Grand
accounting for more than half of sustainable future, we have Energy Strategy, we hope to
global energy consumption, and issued a moratorium for green bring more renewable into the
with 10 percent of the population power plants. We have also energy system of about 23 per-
still lacking access to basic electric- signed various MoUs to develop cent of the energy mix by 2025,
ity, the question is how to bridge Hydrogen solutions and are look- its equivalent to additional 38GW
into an affordable, reliable and sus- ing at the electrolysis technology renewable powerplant by 2035.
tainable power supply, while im- for power generation.” We have a lot of resources that are
proving energy access. fossil-based such as coal deposits,
Following is the round-up of the H.E. Alfonso G Cusi oil and natural gas as well as enor-
key trends for a sustainable en- Energy Secretary mous renewable potential are our
ergy future as perceived by the Department of Energy (Philippines) primary energy sources. In the
thought leaders of the region.
They have put spotlight on the re- “As regards to our country’s “To reduce petroleum con-
gional challenges and the oppor- sustainable future, we have is- sumption, we have about
tunities that can emerge out of it: sued a moratorium for green 5,200 diesel power plants right
power plants. We have also si- now scattered across 2,130
1 Access to reliable, gned various MoUs to develop locations in Indonesia and we
affordable, and Hydrogen solutions and are are serious on the journey of
sustainable energy looking at the electrolysis tech- converting diesel plants to
supply is a necessity for nology for power generation.” renewable energy to possibly
economic growth reduce up to 0.7mil tonnes of
H.E. Alfonso G Cusi carbon emissions.”
“In the Philippines, about 95 Energy Secretary
percent of the society is en- Department of Energy H.E. Arifin Tasrif
ergized. The biggest issue for us (Philippines) Minister for Energy and
is the affordability of tariffs fol- Mineral Resources
lowed by concerns of energy se- (Indonesia)
Source: Siemens Energy AG
14 | March-April 2021 Modern Manufacturing India
