AEBF 2023 consists of several events and includes parallel panel discussion. One of them is: “The Role of Coal & Other Fossil Fuels in the Energy Transition Era”. The main objective of this event is to explore the role of coal and other fossil fuels during the period of energy transition. As we know, energy transition from fossil fuels to renewable energy is urgently important. However, coal and other fossil fuels as sources of energy also have their own roles too.
Coal is projected to remain one of the key energy sources in ASEAN. With the region's commitment to climate change, the region faces additional challenges in balancing the needs for energy security and meeting climate targets of the region. Moreover, without any immediate actions taken, the region is projected to be a net importer of coal starting in 2039 (ACE, 2022). To balance the meeting energy security and climate target, the use of Clean Carbon Technology, Carbon Capture and Storage (CCS); and Carbon Capture, Utilisation and Storage (CCUS) technologies and any possible measures which potentially reduce emissions from coal would be required in the transition to a low-carbon economy.
Several initiatives had been announced to support coal transition program in the region such as Energy Transition Mechanism (ETM) and CIF Accelerating Coal Transition would provide opportunities for AMS to be gradually engaged and implement policies and programs for coal transition in the low carbon economy in the region. Thus, careful considerations on the pilot transaction and social impacts of coal transition program would need to be designed together between AMS, the private sector, and financial institutions.
Keynote Speaker Osamu Tsukamoto (President-Japan Coal Frontier/JCOAL) “Challenges & Opportunities for Coal Energy Transition”
Panel Session 1:
Perspective from Coal Business Players & Partners
Moderator: Aldilla Noor Rakhiemah (Sr. Analyst-Power Fossil Fuel, Storage, and Alternative Fuel (PFS) Dept.-ASEAN Centre for Energy) Speakers:
Panel Session 2:
Perspective from Other Stakeholders