International Forum on Global Energy Landscape: Electricity & Gas Market Liberalisation and Its Implication to Malaysian Economy (IFGE 2018)
Published on Wednesday, February 14, 2018SUMMARY OF PROGRAM
On 13 February 2018, the International Forum on Global Energy Landscape: Electricity and Gas Market Liberalisation and Its Implication to Malaysian Economy (IFGE 2018) was jointly organised by the Energy Commission and the Institute of Energy Policy and Research (IEPRe), University Tenaga Nasional. The forum was conducted after a rousing success from the first IFGE 2016 which was held two years ago.
IFGE had invited several international speakers and industry leaders to discuss the state of the electricity and gas industry on the implication towards the Malaysian economy. Notable speakers included Professor Dr. Ken Koyama, Chair in Energy Economics of Energy Commission UNITEN, Mr. James Allan, Director of Frontier Economics Pty Ltd, Mr. Rosman Hamzah, Secretary-General of Malaysian Gas Association and many more.
IFGE 2018 kicked off with an opening speech by Ir. Azhar Omar, the Chief Executive Officer of the Energy Commission. In his speech, he noted how the energy industry is evolving. There have been initiatives in liberalising the industry by creating more competitive markets, with the intention of managing the price. However, in most countries, the supply of electricity is a natural monopoly. This in turn, would require complex and costly systems of regulation so that industry players will operate on a level and competitive field which will allow consumers to enjoy secure and affordable supply of electricity.
As for Malaysia, Ir. Azhar said reforms have been made to encourage transparency, efficiency, affordability and reliability of the energy supply. Since 2016, the competitive bidding programme was introduced to develop the Large Scale Solar Photovoltaic Programme. These exercises were implemented in the government’s efforts to lower the solar tariff rate which has been too dependent on the Feed in Tariff (FiT) rates, and unsustainable in the long run.
This year, the forum attempts to shine a light on the key global trends and forces that are likely to shape the energy markets over the next thirty years. There would also be discussions on the gas market. At present, the gas market would undergo the prospect of third-party access in the near future, and other uncertain cross-border forces that emerged in resources as well as the energy supply chain. Lively discussions and insightful presentations were made during the one-day event. The topics covered ranged from Sustainability and Technology Disruptions to European Experiences in Gas Market Liberalisation and Its Impact on the Market. The opinions and views from the invited speakers have opened doors to further research opportunities and partnerships with interested parties.
Please click on the speaker name to open a copy of the slides delivered at the event. If there is no link, either no slides were presented or they are not able to be shared.
Keynote Address:
“Challenges for Electricity and Gas Market Reform: The Implication to Market Liberalisation” by Prof. Dr. Ken Koyama, Chair in Energy Economics of Energy Commission at UNITEN
First Session (Electricity Market):
“Sustainability and Technology Disruptions” by Mr. Loo Kok Seng, Senior General Manager, Regulatory, Economics and Planning, Tenaga Nasional Berhad (TNB)
“Thailand Perspective on Future Energy Market” by Dr. Suthee Travivatana, Researcher of Energy Research Institute, Chulalongkorn University
“Opportunities and Challenges of Electricity Market Liberalisation for Malaysia” by Mr. James Allan Director of Frontier Economics
Forum on, “Perspective of Electricity Market Reform on Malaysian Economy”
PANELLISTS:
- Suthee Travivatana, Reseacher of Energy Research Institute, Chulalongkorn University
- James Allan, Director of Frontier Economics
MODERATOR: YBhg. Tan Sri Dato’ Academician Ir. (Dr.) Ts. Hj. Ahmad Zaidee bin Laidin, Board of Directors of UNITEN
Second Session (Gas Area):
“Perspective of Malaysia Gas Market” by Mr. Rosman Hamzah, Secretary General of Malaysian Gas Association (MGA)
“Formulating Policy Options for Promoting Natural Gas Utilisation in the EAS” by Dr. Yanfei Li, Energy Economist of Economic Research Institute for ASEAN and East Asia (ERIA)
“European Experiences in Gas Market Liberalisation and Its Impacts on the Market” by Mr. Patrick Heather, Senior Fellow Researcher of Oxford Institute for Energy Studies (OIES)
Forum on, “Toward the Liberalization of Gas Market in Malaysian Economy”
PANELLIST:
- Rosman Hamzah, Secretary General of Malaysian Gas Association (MGA)
- Yanfei Li,Energy Economist of Economic Research Institute for ASEAN and East Asia (ERIA)
- Patrick Heather, Senior Fellow Researcher of Oxford Institute for Energy Studies (OIES)
MODERATOR: Prof. Dr. Ken Koyama, Chair in Energy Economics of Energy Commission at UNITEN
PICTURE GALLERY