Kellogg Brown and Root Asia Pacific
Antonio is a Chemical Engineer with 24+ years of consulting experience in the Energy Industry including refining, petchem, LNG, Gas processing and power, which requires deep understanding of technical and critical business drivers in multiple market and industries.
Advisor of Energy policies to UNESCAP and three-time speakers at the Asian Energy Ministerial Meeting where the 52 Asian Energy Minister meet in a for-invitation only basis.
Sustainability is a way of thinking, a way of living for Antonio. He spent half of my career in optimizing energy systems, saving energy around the world and industries. He is now spending the second half of his career in supporting governments with sustainable energy policies and energy masterplans and corporations with sustainable business strategies
12th October; 15:30 - 16:30
Keynote - Moving Forward on Singapore Decarbonization
The recent SG Green Plan 2030 is a call for action for all of us, and that one company or the government cannot solve the problem alone. We would have to work together and a wider call for action is required to make a difference.
NEA's initiative to execute the Energy Performance of Heating Systems in Oil Refining, Petrochemical and Chemical Plants is a great milestone. Many Energy and Chemical Industry players have accepted to participate in the study and the study identified an economical feasible reduction of 130,000 tpa of CO2. Putting the results on a wider context, this is equivalent to 0.5% of the total Singapore Industry emissions, the study has only scratched the surface of the issue.
In the midst of the NEA Energy Performance of Heating Systems study the COVID-19 arrived. As stated by IEA, “The Covid-19 crisis added a new layer of uncertainty for global energy efficiency efforts”. Against a backdrop of slow energy efficiency improvements, the Covid-19 crisis adds a new layer of uncertainty. The current economic crisis threatens to delay investments by businesses and households in more efficient technologies. While investments may not have changed significantly yet (particularly as projects are often agreed years in advance), the resilience of investments will be tested in the coming years.
In the meantime, several countries and corporations have introduced targets to achieve net-zero emissions by 2050. Increasingly attention is turning to what it would mean for the energy sector globally to reach net-zero emissions by 2050 and Energy Efficiency will be one of the pillars to achieve net-zero emissions by 2050.
At the same time, the Singapore Energy Industry’s Value Add has been declining and over the past 10 years, the total value of both the refinery and the chemical manufacturing sector have declined by 63% in Singapore’s GDP contribution terms. In a context of falling revenues asking the Industry to invest more to reduce emissions is a tough call.
And we all know that a wider call for action is required to make a difference. From a preliminary analysis of the data available including the 11 sites, KBR have identified an additional 270,000 tpa CO2 reduction and based on KBR previous experience of executing multi-site energy optimization studies, we believe the CO2 reduction could go up to 800,000 tpa, this is 6X of the savings currently identified by the NEA project.
We will need a wider Industry players participation, co-operation and belief; Energy Transition and Decarbonization efforts are synonymous to Private Public Partnership. One Company or one Government alone cannot solve the problem, we must work altogether
The NEA Heating Study is just the beginning of a longer journey towards the vision of a decarbonized Energy Industry in Singapore and being Singapore an Export Energy Hub then we all have the same incentive to remain competitive and committed to a sustainable world.