2024 Agenda
Please note that all times are in SGT.
If you would like to present a case study or be part of a panel session at Energy Storage Summit Asia, then please get in touch with the team today.
09:00 -
09:10
Welcome
Join us as we navigate the complexities of Asian energy infrastructure by exploring the current opportunities for collaboration and innovation to power the region's sustainable development agenda and the pivotal role that storage will play in facilitating investment in bilateral regional energy integration.
09:10 -
09:50
Keynote Panel
Opportunities and more, how is storage already being used to support supplying reliable power? What makes it cost-effective and how will its development play a strategic role in the clean transition for Asia? Join this session to find out more about the challenges of a nascent market that holds the key to a flexible power system.
- How does energy storage fit into the current energy landscape and how will this change over time?
- How long it will take for battery systems to become cost-competitive?
- How will the market size and investment potential of storage evolve?
- What role can storage play in supporting grids with the renewable boom?
- Which business models offer the greatest revenue opportunities for storage?
Moderator
Speakers
09:50 -
10:40
Panel Discussion
This keynote panel will set the scene of storage policy across Asia, discussing how storage policies vary, how are they likely to evolve over the next 5 years, and where there are regional opportunities for future deployment. Keep abreast of the latest updates in BESS policy and regulation in these emerging storage markets.
- Current BESS policy, regulation, and incentives
- Short and long-term regional predictions
- Regional business models that make the most sense and optimal revenue stacking for BESS systems
- The lessons learned from past projects and successful regulation
Moderator
Speakers
10:40 -
11:20
Panel Discussion
Where does the cost of BESS go and what can be done to bring down the cost of deploying, maintaining, and operating storage systems? This panel will answer your questions on how to optimize your asset.
- How are others forecasting CAPEX and OPEX costs and how can these be balanced to ensure profitability?
- What are the major lessons learned from other projects that have come online?
- Battery lifecycle focus, how will battery degradation impact the cost of maintenance and how can optimization extend lifetime?
- Costs associated with Lithium-ion vs other technologies
- What is expected from supply chain cost presently and where are we seeing future impacts?
Moderator
Speakers
Head of Sales South-East Asia,
TotalEnergies Renewables Distributed Generation (DG), Asia Pacific
11:50 -
12:20
Panel Discussion
The Malaysian government has set an ambitious renewable energy roadmap to achieve net-zero emissions by 2050 and has catered to favorable policies, including corporate PPAs, exploring avenues for distributed generators, and implementing large-scale solar auctions. Energy demand is predicted to rise from 18,808 MW in 2020 to 24,050 MW in 2039. As the demand for sustainable energy increases, where are the investment opportunities within this market?
- How far does policy cater for ancillary services and merchant contracts?
- What revenue structures are currently in place for large-scale and small-scale projects and what economic incentives are available?
- With a heavily subsidized electricity market, what challenges and opportunities are we currently seeing for those looking to enter the market?
- What is the long and short-term need for storage?
Speakers
12:20 -
13:00
Panel Discussion
A build-out of storage can generate revenue for those looking to prevent the curtailment of intermittent renewables. This panel will explain how others have successfully used storage hybrid technologies and guide how to model the returns of energy storage projects to attract investment. Discussion points will include Identifying the market structures where hybrid battery projects can generate the greatest return as well as the technical and operational aspects of co-located projects.
Speakers
14:00 -
14:40
Panel Discussion
A lenders perspective on energy storage within the region and the factors that make a project attractive. In this session we will address risk and returns by understanding optimal financial structures for energy storage projects.
- How does the risk profile of storage differ from market to market across Asia?
- In emerging markets, how are capital providers structuring finance to mitigate risk?
- Local investment, foreign investment, or a mixture of both?
- Where are incentives currently offered and how can the industry encourage private investment into the sector to overcome barriers to growth?
Speakers
Research Lead for Sustainable Finance, Asia,
Institute for Energy Economics and Financial Analysis (IEEFA)
14:40 -
15:00
Case Study Presentation
Launched in 2023, the Indonesia tender consists of the hybridization of existing diesel gensets with solar PV and BESS at 94 remote isolated grids across Indonesia.
In this case study session hear more on PLN’s Diesel Replacement program by ib vogt, the awardee of the West cluster of PLN’s first diesel replacement tender.
Speaker
15:30 -
16:00
Conversation
In early 2023 the Philippines Department of Energy (DOE) outlined new market rules and policies for energy storage, a month after the country allowed 100% foreign ownership of renewable energy assets. As the market aims for a renewable energy generation mix of 50% by 2040, where does BESS sit within the country's strategic plans?
- Current regulation and policy
- Understanding ERC regulatory pricing, co-optimized pricing and unbundled market structures
- Business models that make sense, from microgrids to utility-scale deployment and the long-term incentives for storage investment
Moderator
Speakers
Vice President for Storage and Board of Trustees,
Philippine Solar and Storage Energy Alliance (PSSEA)
16:00 -
16:40
Panel Discussion
Interconnecting national power systems to enable power trade is a key strategy to strengthen energy security and shift to renewables through efficient resource sharing. By leveraging storage technology to manage fluctuating supply and demand, countries can bolster interconnectivity and foster further multilateral power trading initiatives driving regional energy cooperation and sustainability.
- How can storage help grow greater interconnectivity across the region, including the expansion of the ASEAN Power Grid and multilateral power trading projects?
- What are the economic implications and potential cost savings associated with incorporating storage technology into multilateral power trading initiatives?
- What lessons can be learned from projects involved in exporting energy?
- What regulatory frameworks and financing options are needed to support the deployment of storage within cross-border energy trading projects?
Speakers
Managing Director, Asia Pacific,
U.S. International Development Finance Corporation (DFC)
16:40 -
17:20
Discussion Groups
In these discussion groups, join with independent power providers, developers, asset owners, financiers, policymakers, off-takers, and technology providers to discuss in detail regulation and incentives, barriers to market and opportunities for energy storage business models.
From these discussion groups, you will leave with a better understanding of:
Discussion Group 2: Commercial & Industrial, Residential Storage
Discussion Group 3: Microgrid & Community Projects
From these discussion groups, you will leave with a better understanding of:
- Regulatory hurdles and opportunities
- Revenue streams and market dynamics
- Financial subsidies and incentives
Discussion Group 2: Commercial & Industrial, Residential Storage
Discussion Group 3: Microgrid & Community Projects
09:00 -
09:30
Panel Discussion
From the retirement of coal plants to a rise in price incentives for EVs and renewable generation, where does energy storage fit into regional energy mix targets and how can businesses best capitalize on a clean energy transition? In this session, we will discuss profits and the true value of installing storage systems.
- Current costs and incentives for the energy transition and how to best support the decommissioning and repurposing of coal power plants.
- How to increase the efficiency and reduce the carbon emissions by diesel and gas-powered generators
- Long-term projections and the role of storage in mitigating curtailment from intermittent generation
- A comparison of technologies. Should repurposed coal-fired plants be used with thermal energy storage facilities or with alternative energy storage technologies?
Speakers
09:30 -
10:10
Panel Discussion
Grid systems globally will need an uptick in the amount of energy storage assets to manage the growing amount of connected intermittent renewables. This issue underscores the increased need to invest in battery storage.
Increasingly, ‘resiliency’, ‘flexibility’, and ‘optimization’ are all buzzwords you may hear when referring to energy storage, but do you really understand the business case for deploying storage assets to enhance, strengthen, and improve reliability in the grid? Uncover the facts in this panel discussion.
Increasingly, ‘resiliency’, ‘flexibility’, and ‘optimization’ are all buzzwords you may hear when referring to energy storage, but do you really understand the business case for deploying storage assets to enhance, strengthen, and improve reliability in the grid? Uncover the facts in this panel discussion.
- Using emerging technologies like grid-forming inverters alongside storage to ensure grid resiliency.
- Which grids provide revenue streams for providing services to ensure grid stability and how to provide those services to access those revenues
- Preparing for emerging challenges to grid stability and the business case for using energy storage technologies to support the grid
Speakers
Director, Renewables, Utilities & Infrastructure – Sector Banking,
Sumitomo Mitsui Banking Corporation (SMBC)
10:10 -
10:40
Conversation
This session offers the audience a first-hand opportunity to ask experts in development and concessionary finance their opinions on the opportunities within energy storage. Example questions include:
- What projects and buisness models are more attractive for investment?
- Which markets are of greatest interest and why?
Speakers
Director, Infrastructure Finance Division 2 Private Sector Operations Department (PSOD),
Asian Development Bank
Managing Director, Asia Pacific,
U.S. International Development Finance Corporation (DFC)
11:10 -
12:50
Panel Discussion
Many commercial and industrial and residential customers across the Asia region could benefit from energy storage to strengthen power supply and reach a net-zero goal.
- What benefits can customers get from integrating battery systems?
- What are the technical and operational challenges?
- How can energy producers capitalize on the need for more energy storage?
Moderator
Speaker
12:50 -
13:20
Panel Discussion
With growing incentives to deploy storage systems this session will explore how to structure a successful PPA agreement. You will have the opportunity to ask your questions on how to include storage systems within contracts, key considerations, and lessons learned.
- PPA structures, pathways for IPPs and tolling systems explained
- Time-stamped renewable energy certificates and 24/7 power demand
- Structuring PPAs for different projects of scale
- Data centers considered: how can battery systems be integrated with data centres and how might this impact the energy storage sector going forward?
Speakers
Head Business Assessment & Engineering, TNB Renewables,
Tenaga Nasional Berhad
14:30 -
15:00
Panel Discussion
After years of expectation, Japan’s low-carbon capacity auctions now provide a 20-year fixed revenue for newly developed power sources, including battery energy storage systems (BESS). As the fifth-largest energy consumer in the world by country, Japan has a mature power sector that has capacity to take on BESS projects of scale. Hear from experts operating within the Japanese market to understand the incentives, hurdles, and opportunities that this increasingly attractive market represents.
- With a regionalized network of grids with differing frequencies, what is the current need for grid services such as BESS and how will the market shape in the coming years?
- How accepting is the market for non-domestic players and what should developers consider before moving into the Japanese market?
- From volatile intraday pricings and a potential for arbitrage to capacity markets and ancillary services, which business models are most likely to bridge the gap between earnings and investment targets in 2024?
- Key players, key deals, regulatory updates, and more from a local perspective
Speakers
15:00 -
15:30
Conversation
Exploring the ongoing commercial and industrial use cases of energy storage within Vietnam.
- Which policies are making this country more attractive to industry and how is the regulatory landscape expected to change?
- Which business case makes the most sense and what are the long-term prospects for supporting customers in the region with storage?
- Picking homegrown talent – what are the best local innovations that can support high-performing energy storage systems?
Speakers
15:30 -
16:00
Panel Discussion
This panel will contribute learnings on how can storage be deployed and maintained within microgrids and the considerations needed to ensure a return on investment.
- Best approaches to conducting feasibility studies and system design of microgrids with energy storage.
- Making sure that people are skilled enough to operate and maintain microgrids with energy storage to ensure that they function efficiently.
- Prolonging the lifetime of the microgrid by managing technological challenges, such as the discharge of the battery and errors on the inverter.
- Overcoming land use and permitting issues to deploy energy storage technologies.
- Clarifying if and what type of storage makes sense for an island microgrid given the load sizes it is taking on.
Speaker
16:00 -
16:30
Panel Discussion
In areas with differing regional costs, policy structures, and geographies, identifying the optimal project design can heap huge rewards for those looking to deploy storage systems. Choosing the right technology is paramount for those looking to optimize their project revenue.
- Outlining the costs, benefits, and optimal business models associated with differing technologies
- Identifying which markets need long-duration energy storage, which countries can rely on pumped hydro and gas speakers, or where hybrid technologies make sense
- What does the landscape look like currently for non-lithium projects and what learnings can these developers bring to the industry?
- Which technologies can scale?
- What do investors want to see before committing capital to long-duration projects?
- Safety and operational concerns