SG hosts Asia Pacific energy regulators forum
Global energy developments were discussed in the meeting.
The Energy Market Authority (EMA) of Singapore hosted the Asia Pacific Energy Regulatory (APER) Forum from 27 to 28 October during the Singapore International Energy Week.
Energy regulators from Australia, China, India, Japan, the Republic of Korea, New Zealand, Samoa, Thailand, Tonga and the United States of America were in attendance. Guests included representatives from Malaysia Energy Commission, International Energy Agency (IEA), International Renewable Energy Agency (IRENA), and academic and industry experts.
EMA CEO Ngiam Shih Chun, as APER chair, said, "The global energy crunch has shown how complex and closely intertwined are the supply chains. This meeting is timely to discuss the immediate issues facing our energy systems, and longer-term issues which energy regulators will need to address to advance the energy transition."
Against the backdrop of higher volatility in the electricity markets, the regulators discussed the measures taken to ensure the security and reliability of energy supply and safeguards for consumers. The meeting also discussed regulatory challenges related to energy transition plans and decarbonisation targets, shared best practices to enhance system integration of renewables, and measures to strengthen grid stability and resilience.