POWERTRENDS 2025
The New Energy Order- What Are the Geopolitical Shifts and Risks in the Era of Energy Transition
February 26- 27, 2025 | New World Makati Hotel,Metro Manila, Philippines
As Director General Amin of the International Renewable Energy Agency ( IRENA) noted, ongoing developments have set in motion a global energy transformation with significant implications on geopolitics. The enabling trends during the energy transformation are:
- dwindling costs of renewable energy technologies
- climate change and the attendant problems caused by fossil fuels
- strong support by several governments to increase RE targets, strengthened by the business case of renewables
- technological innovations
- the shift to RE by major international companies for their electricity requirements
- public opinion and support
As global demand for fossil fuels declines, alliances built on fossil fuels are llkely to weaken. While alliances may be kept for various reasons, the energy pillar becomes relatively less important. Countries are also beginning to rethink their energy diplomacy. New alliances and energy initiatives are being developed by countries such as Germany, UAE and India.Though still at an early stage of development, they are likely to gain geopolitical impact.
Renewables will also configure new geographies of connections and dependencies. We can expect a shift from global markets to regional markets. Countries that today import oil from the other side of the world may be expected to develop renewables at home and integrate their grids with those of neighboring countries.
Control over grid infrastructure will become vital for national security and for projecting global influence an⁰d power. Grid infrastructures include physical assets including power lines and storage facilities as well as virtual interconnections as the sector continues to digitalize. A country's connectivity and networks may complement its land, sea and air power
Meanwhile, three primary aspects characterize the energy transition: energy efficiency , accelerated growth of renewables and electrification all the way to transportation and other aspects of life.
Against this developing scenario, we will look at the major challenges and critical risks the sector faces during the transition and get an update of how our own energy sector is shaping as we carefully gradually shift to clean energy while strategically maintaining energy security.
POWERTRENDS brings leaders in energy together from across the globe.
POWERTRENDS THOUGHT LEADERS
Atty. Monalisa Dimalanta
Chairperson, Energy Regulatory Commission
Senator Sherwin Gatchalian
Primary Sponsor and Author of Electric Vehicle Industry Development Act
Dr. Francisco L. Viray
Former Secretary of the Department of Energy
Atty. Cyril del Callar
Former President, National Power Corporation
Mr. Guido Alfredo A. Delgado
Former President, National Power Corporation
Hon. Mark O. Cojuangco
Chairman, House Committee on Nuclear Energy
Mr. Jocot De Dios
Former Undersecretary, Department of Energy
Atty. Jay Layug
Former Chairman, National Renewable Energy Board
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