Report: Norway-ASEAN Energy Workshop

energy workshop

16 April, Innovation Norway Singapore held a Norway-ASEAN Energy Workshop. H. E. Ambassador Anita Nergaard opened the workshop, where the majority of Norwegian companies engaged in energy markets in Southeast Asia discussed joint business opportunities.

The workshop was chaired by Dr Per Christer Lund, Special Advisor at Innovation Norway Singapore. 

Presentations by:

ASEAN Energy Markets Status, Opportunities and Challenges

  1. Dr. Per Christer Lund, Science & Technology Counsellor, Innovation Norway Singapore
  2. H.E. Morten Høglund, Norway’s Ambassador to ASEAN
  3. Ms Hai Anh Tran, Innovation Norway Hanoi
  4. Mr. Axel Blom, Executive Director, Norway Connect, Bangkok
  5. Mr. Thomas Sjøberg, Executive Director, Norway Connect, Malaysia
  6. Ms Priscillia Tanumihardja, Senior Market Adviser, Innovation Norway Indonesia
  7. Mr. Joar Strand, Alternate Executive Director, Asian Development Bank
  8. Mr. Dag Tørvold, Senior Vice President, GIEK

Norwegian company engagements in ASEAN energy markets; Solar, Hydro, Geothermal 

  1. Mr. Tom Preststulen, Managing Partner, Elkem Singapore Pte Lte
  2. Dr. Børge Bjørneklett, Chief Technology Officer, Ocean Sun AS
  3. Mr. Knut Kise, President, Spirit Electricity, Thailand; CEO, Norway Power, Myannmar, CEO, PTTP, Philippines
  4. Mr. Audun Hassel, CEO and Founder, Nova Terra
  5. Mr. Harald Reigstad, Commercial Director, Tinfos AS
  6. Mr. Tor Hodne, CEO, Viking Heat Engines AS
  7. Mr. Marius Kleiven, Business Unit Manager Asia Pacific, CAMBI Pte Ltd
  8. Mr. Terje Hauglum, Contract Consulting Engineer, TH Lao Enterprise & Partners

Infrastructure and advisory: Large scale hydro, grid infrastructure, energy markets

  1. Mr. Vijay Krishan, Managing Director, Rystad Energy Singapore
  2. Mr. Morten Lund Hoffmann, Managing Director, Multiconsult Asia Pte Ltd
  3. Mr. Roar Haaland Johansen, Vice- President, Sales, Jacobson Elektro AS
  4. Mr. Rohit.GADRE, Consultant, Clean Technology Centre, Energy Advisory, DNV-GL
  5. Mr. Wilhelm Soderstrom, Senior Consultant NordPool Consulting
  6. Mr. Jomar Eldøy, Managing Director, Buri Energy Pte Ltd
  7. Mr. Milan Koev, Vice-President Sales APAC Elkem REC

 

For a limited time, all presentations can be downloaded from this link

Main Highlights by the presenters:

Introduction and motivation for the workshop

  1. Dr. Per Christer Lund, Innovation Norway Singapore

Southeast Asia represents one of the most exciting and promising market for deployment of technologies and solutions for sustainable energy in the world. Outlook of significant population growth and sustained GDP growth in the 5+ % order for the next decades will fuel an energy demand growth equivalent to Japan’s demand of 1,000 TWh within 2035. A large portion of this should amd must be by sustainable energy management: renewables, storage, efficient energy infrastructure, energy efficiency.

With Norway’s leading experience within several energy sectors (solar PV, offshore energy, hydropower, energy markets) there should be huge opportunities for Norwegian companies and institutions in this region. However, we observe a rather limited number of Norwegian companies in this space and the existing companies are largely unconnected.

Innovation Norway, supported by the Norwegian Research Council and the Norwegian Embassy in Singapore therefor took an initiative in January 2017 to establish the Norwegian Energy Collaboratorium (NEC) in Singapore with the purpose of connecting Norwegian companies, universities and research institutions to the energy eco-system in Singapore. As of today, NEC has 12 members, half of them companies and half universities and research institutions. Despite a good activity level in 2017, we find that the NEC lack “critical mass” and that the scope of Singapore energy market is too limited.

The objective of this energy workshop is therefor to expand the scope of NEC to include all Norwegian stakeholders in the ASEAN countries to join the cooperation structure of NEC. The workshop reached a consensus of expanding the NEC network both in activity, structure, geographical outreach and members.   

ASEAN Energy Markets Status, Opportunities and Challenges

  1. HE Morten Høglund, Ambassador to ASEAN

ASEAN is the area in the world with the best economic growth opportunities for the next 5 years. Norway is a “sectoral dialogue partner” to ASEAN with Høglund as Ambassador situated in Jakarta. Norways trade with ASEAN is in order of 4billion US$ and FDI inflow 21.8 billion US$. Sectoral priorities include trade/private sector development; maritime and marine; climate/environment; human rights, peace/reconciliation and energy.

Høglund mentioned studies and projects backed by Norway for capacity building and assessment of energy policies across the ASEAN countries.  

  1. Ms Hai Anh Tran, Innovation Norway Vietnam

Norway and Vietnam have long term cooperation in hydropower development.

Vietnam has 306 hydropower plants in operation that have a total installed capacity of about 15.5 GW. Additionally, another 193 projects (5.66 GW) are under construction and 245 (3 GW) are going through investment phases and 59 small capacity projects (421.88 MW) are under initial study.

The key issues within Vietnam hydropower sector now are (i) optimizing operation of hydropower projects and balancing water use for different purposes; (ii) upgrading and rehabilitation of existing hydropower plants; and (iii) developing new hydropower projects with more sustainable manners.

Recently, SINTEF ENERGY has supported a number of private hydropower investors in Vietnam to build unlined hydropower tunnel and save a huge amount of investment cost.

They are looking forward to seeing more fruitful business cooperation between Norwegian and Vietnam in hydropower sector in the time to come.

  1. Mr. Axel Blom, Executive Director, Norway Connect, Bangkok

There are good opportunities particularly for LNG and solar in both Thailand and Myanmar as both governments are shying away from coal. However, government energy policies are in both countries are still uncertain, in Thailand due to transition to a democratically elected government and in Myanmar due to a mix of lack of competence and financial constraints. In addition, Myanmar is subsidising electricity and the grid infrastructure is in very poor condition.

His concerns are how can Norwegian technology become relevant in a world where countries like China and Japan and even some European countries are offering a mix between aid and cheap financing, some with requirements that country specific products have to be used in order to secure financing.

  1. Mr. Thomas Sjøberg, Executive Director, Norway Connect, Malaysia

He presented a few slides of what they observe and the trends we see in Malaysia relative to O&G and Renewables.  The focus has been on the activities of Petronas within the oil & gas sector.

Within Hydro power projects, there have been a lot of new interest. He emphasized that there are a lot of concessions given out, but there are lack of experience and access to financing have prevented many of the projects from materializing.

Maybe, this is one area where Norway can assist in terms of financing and providing expertise.

  1. Ms Priscillia Tanumihardja, Senior Market Adviser, Innovation Norway Indonesia

The Indonesian government has been active to build energy infrastructure in Indonesia with the rising importance of consumption and transportation industry. The energy growth is around 6% annually.

Fossil fuel is still very important as it is still the cheapest source of energy source. There are big potential in Hydro projects since the establishment of National Energy Policy in 2014.

There are several players that are active in Indonesia today. SN Power, have a license to develop 123 MW hydro project. Jacobsen Elektro has started construction 100MW off peraker dual engine project in Kupang. REC have also have supplied and installed solar PV in many locations.

Opportunities are abound for participation in 35,000MW power generation program.

  1. Mr. Joar Strand, Alternate Executive Director, Asian Development Bank

Asian Development Bank can become a strategically important business development partner for Norwegian companies expanding their operations in Asia. But important to keep in mind that ADB is a multilateral development bank, and thereby different from a commercial bank. ADB is mainly interested in projects with clear development impact that go beyond merely benefits captured in financial rate of return.

ADB is especially interested in pilot-projects which helps to demonstrate the financial viability of new business models which will benefit the bank’s developing member countries. Such pilots can then later be scaled up and replicated in other developing countries. An example of this is ADBs involvement in solar power projects in Thailand. Another example is utilization of Icelandic expertise to develop geothermal district heating services in China and Kazakhstan.

  1. Mr. Dag Tørvold, Senior Vice President, GIEK

Over the past 2 - 3 years, GIEK has successfully concluded energy projects in Malaysia, Bangladesh and Myanmar. He highlighted the main reasons why few projects are materializing.  Tough international competition that Norway has encountered with China, India and Korea. There are also complicated regulatory requirements unfamiliar to Norwegian exporters. Others include lack of equity – capital – in the projects. Buyers are often start-up or project companies with limited or no cash flow.

He shared about GIEK’s credit risk assessment criteria and encourages all Norwegian companies to continue to engage him for all potential projects that they are interested.

Norwegian company engagements in ASEAN energy markets; Solar, Hydro, Geothermal 

  1. Mr. Tom Preststulen, Managing Partner, Elkem Singapore Pte Ltd

Temasys Skylink real-time communication solutions bring industry-leading ease-of-use, an unrivalled speed of implementation, and support for deployments of any scale – big or small. The applications can easily embed real-time communications into your web or mobile apps fuelling it with interactive video, voice and data communications.

Using a standard 20 feet container, the communications can be set up and installed as well as tailored to the needs of local operations requirements.

The portability and compact size allowed users to operate even in remote arenas easily.

  1. Dr. Børge Bjørneklett, Chief Technology Officer, Ocean Sun AS

He hopes to further strengthen Ocean Sun’s network in Singapore and to create business leads for its novel technology within Floating Solar. This new industry area has considerable momentum and is by many thought to become a “white knight” in the energy sector that can give access to cheap renewable energy for large population groups in the ASEAN region.

His presentation at this workshop demonstrates the use of the technology and its potential, both on inland lakes, reservoirs and in coastal regions throughout the ASEAN region. Examples of applications are shown from both Singapore waters (Johur strait) and from Norwegian Fjords.

They have established a collaboration with REC Solar and have initiated work with SERIS. Acknowledging that ASEAN is the most important market in the sector, they hope to be in position to establish Ocean Sun in Singapore in not distant future.

 

  1. Mr. Knut Kise, President, Spirit Electricity, Thailand; CEO, Norway Power, Myanmar, CEO, PTTP, Philippines

They have 15 applications for Hydro Power Plants in Thailand 300 kW to 7 MW. The first was submitted 2009. The first was approved 2016 and they are waiting for PPA for above Plant (1.7 MW)

He presented a solar powered pump storage power plant. Using a dam of salt water as its battery. Specially designed to replace diesel power on islands. And combine this powerplant with fish farming. Cold storage. Ice production.

  1. Mr. Audun Hassel, CEO and Founder, Nova Terra

A start-up. Nova Terra Technology has new technology that greatly increase power production for new and existing geothermal plants.

The solution involves a single production well, plant integrated into the cooling tower Reservoir temperature >70 °C has 2-10 MW electricity production. Small footprint, no steam field, low power transfer costs, can quickly be built where the power is needed.

It demonstrates how easily waste can be turned into heat which boost geothermal electricity production.

  1. Mr. Harald Reigstad, Commercial Director, Tinfos AS

Tinfos produced 310 GWh of electricity from hydropower operations in 2017, having sold plants producing more than 200 GWh in 2016/2017. • Tinfos AS is working on plans for expanding the hydropower activities also outside Norway

His focus is on setting up a leading industrial and financial Norwegian team of high quality organization for the development of a sustainable and significant small and midsize hydropower portfolio in the APAC countries, starting in Indonesia.

Long term plan is to develop a significant, independent and Norwegian owned constructor and operator of SHP, internationally

  1. Mr. Tor Hodne, CEO, Viking Heat Engines AS

His presentation demonstrated the use of Viking Heat solutions namely, the CraftEngine and the HeatBooster, both of which use low temperature waste heat as “fuel”.

The CraftEngine produces electricity from this low temp waste heat, and the HeatBooster (our industrial heat pump) replaces fossile fuel boilers and will lift the low temp waste heat back to temperature levels that are usable in various industries.

He is keen to team up with companies that may have an interest in working with them to get their products distributed.

  1. Mr. Marius Kleiven, Business Unit Manager Asia Pacific, CAMBI Pte Ltd

He started with identifying the challenge of waste in general and sewage sludge in particular illustrated with some examples of before and after implementation of Thermal Hydrolysis Process (THP) with Anaerobic Digestion (AD).

He then showed some trends with increasing sludge volumes as more people get connected to a sewage system, show some alternative solutions and why our THP with AD represent the best and most common solution.

Finally, he shard that his system has been adopted globally and that we also experience growth in Asia.

  1. Mr. Terje Hauglum, Contract Consulting Engineer, TH Lao Enterprise & Partners

He presented the various typical broad Hydropower typologies and technologies, that can be delivered from the force of moving water namely: Run-off-river, Run-of-river, Storage hydropower, Pumped-storage hydropower and Offshore hydropower.

Beyond Innovative Sustainable Renewable Electrical Power Generation, he believed that we should be innovative as well for the best of our Global environment (CO2 emission).

One way is to combine all kind of Hydro generation systems, - together with Solar and Wind generation systems. Although offshore hydropower is still a very much work in process now.

  1. Mr. Vijay Krishan, Managing Director, Rystad Energy Singapore

Rystad Energy: Is an independent energy research and business intelligence company established in 2004, headquartered in Oslo with offices across the globe.

He shared about the current energy global picture and provided the Southeast Asia forecast including the untapped potential and the main opportunities area.

  1. Mr. Morten Lund Hoffmann, Managing Director, Multiconsult Asia Pte Ltd

His presentation focused on presenting Multiconsult’s renewables capabilities and strategic ambitions in ASEAN, more specifically within hydro and solar. As underground developments are the initial reason how and why they are in Singapore. He also mentioned an underground drainage and reservoir system (UDRS) feasibility study they are currently performing for PUB, involving both hydro and solar.

His main interests on this workshop are to meet and connect with other Norwegian companies in the same business, and to better understand the ASEAN market trends and conditions.

  1. Mr. Roar Haaland Johansen, Vice- President, Sales, Jacobson Elektro AS

He shared that the company is a highly experienced EPC provider that has expanded its operations to Europe, Africa and Asia. They have extensive expertise in successfully delivering turn-key power plants, transmission networks, distribution substations and consulting services.  They had completed 11 power stations and 123 sub stations delivered in 16 countries across Africa, Asia and Europe as well as 39 EPC projects delivered in 10 African countries.

They aim to achieve some viable projects coming from Myanmar.

  1. Mr. Rohit Gadre, Consultant, Clean Technology Centre, Energy Advisory, DNV-GL

Within Energy,  DNV-GL serve customers across the value chain – from production, transmission & distribution, end use and policy.

One service which they offer in Singapore is the long term power price forecasting. This is sought by different stakeholders – project developers, financiers, large energy users etc.

The key reasons why their customers trust them with this service are primarily based on three main reasons – deep understanding of market mechanisms, credible model that uses fundamental economic concepts to simulate market dispatch and our ability to explain and reason through the model results. They offer similar service in other markets – for example in Taiwan, Philippines and Europe.

  1. Mr. Wilhelm Soderstrom, Senior Consultant NordPool Consulting

Main focus in his presentation is on ASEAN regional energy market integration, realisation of the ASEAN Power Grid (APG) and how to enable multilateral cross border trading of electricity among ASEAN countries.

 His interest is political and economic trends and developments in and around the ASEAN energy market. Also, how the introduction of renewable energy is expected to affect the power generation and distribution in the ASEAN region.

  1. Mr. Jomar Eldøy, Managing Director, Buri Energy Pte Ltd

Bury Energy is the holding company, with subsidiaries in energy trading and electricity retailing in Singapore.

His main focus has been on the deregulation and opening up of the electricity market in Singapore.  He shared some lessons learned in bringing Norwegian businesses and ideas out in the wider world.

  1. Mr. Milan Koev, Vice-President Sales APAC Elkem REC

The levelized cost of electricity, or LCOE, clearly achieve the long-awaited goal of grid competitiveness in many countries and even undercut the traditional sources of electricity from coal and gas.

This low cost of renewable power along with drop in storage prices has made it a viable option atracting investments.

 In addition to the growing demand from a global perspective to go renewable, push from developing economies like India and China, climate goals and more will see a rapid transition of the global energy mix.

He also shared about the challenges and opportunities of the Solar PV market in South-East Asia. On a positive note, he sees great potential for the deployment of Solar PV with the lowering costs of panels.