ASEAN is one of the fastest growing regions in the world; a diverse, dynamic economy worth over US$ 2 trillion and with a projected growth of 4 to 6 per cent in coming years. Yet without sufficient energy investment, that growth will falter. As such, 2016 will be a pivotal year in developing the energy landscape moving forward.
ASEAN’s primary energy mix is predicted to rise on average 4.7 per cent each year, to reach 1,685 million tons of oil equivalent (Mtoe) by 2035 according to the ASEAN Centre for Energy.
We live in a beautiful time. It is a time where cooperation will be rewarded, where man and machine can work as one to deliver a better world. This is not science fiction. This is our brilliant future.
The relationship between mind and machine is at a crucial juncture. Machines are becoming more and more powerful, their capabilities for learning and adaptation truly wonderful. At GE, we call this simply - brilliant.
The introduction of big data analytics has helped the industry improve on its efficiencies, facilitating industry players to reduce downtime and optimise resources. General Electric (GE), for example, has presented various digital industrial solutions.
Make no mistake, Digital Industrial is the next generation.
Fact #1
The goal of providing clean, sustainable and accessible power to every single individual in South East Asia is a long-standing one. Digitising the effort however, is a new chapter being rapidly written in the narrative.
Fact #2
“The industry, as we know it, is changing” – Steve Bolze, CEO, General Electric Power.
With those few choice but telling words, GE’s first Steam and Power Systems customer summit was underway.
The 2-day event in Singapore had been designed to bring together customers from the ASEAN region for robust discussions surrounding the power industry, current trends and future opportunities.
1. Why was the ASEAN trip (ID & VN) important to you, and GE?
South East Asia countries map on a globe
The Trans-Pacific Partnership Agreement (TPPA) has been ten years in development and is so shrouded in the tightly wound cogs of national secrecy that it’s acquired an almost legendary aura of mystery.
The deal took a major step forward this week with the signing of a TPPA agreement in Atlanta, USA. But with the full terms yet to be revealed, what do we really know about the TPPA? And what does it mean for ASEAN?
What is it?
A thick, acrid haze has smothered Malaysia, Indonesia and regional neighbour Singapore once again this year, as Indonesia’s annual burning sends clouds of smoke billowing over the region.
As Indonesia’s president Joko Widodo recently announced, even having sent 3,700 soldiers and 8,000 police officers to address the problem, tackling the fire and reducing the root cause of the haze could take years. So what do we know about the haze and its effects?