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Monday, 13 August 2012, 15:00 HKT/SGT
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Source: marcus evans Summits
Ensuring Smart Power Capacity Choices in Asia
Dr. Weerakorn Ongsakul, Associate Professor and Dean, School of Environment, Resources and Development, Asian Institute of Technology, a speaker at the marcus evans Power Generation APAC Summit 2012, on the expansion of clean energy in Asia.

London, Aug 13, 2012 - (ACN Newswire) - The APAC energy sector is entering a time of unparalleled growth and opportunity, says Dr. Weerakorn Ongsakul, Associate Professor and Dean, School of Environment, Resources and Development, Asian Institute of Technology. "It is now the time to focus on the implementation of clean energy, solar power and renewables," he adds.

A speaker at the marcus evans Power Generation APAC Summit 2012, taking place in Macao, China, 3 - 5 December, Ongsakul shares his views on how Asian utilities can achieve a sustainable and environmentally friendly outcome.

- There is an unprecedented demand for power supply in Asia, how can utilities reach this target?

The economic growth of emerging countries in Asia has created this high energy demand. The region has over three billion inhabitants, which is more than the US and Europe combined.

The Asian market is seeing more and more single buyers enter the electric distribution sector to employ long-term power agreements, as they are able to accommodate the growth in the generation space.

- Why should utilities consider deploying smart technologies?

Utilities must invest more heavily into smart grid technologies. This will give them the power to set accurate prices, and the public can then respond to that. It will also reduce the pressure on the generation capacity, which is becoming difficult and expensive to expand.

- What power capacity choices should be made to spark the foundation for a sustainable and prosperous future?

The only way to meet the high growth of demand is through clean coal generation, solar power and renewable energy.

In Thailand, we have been working on a clean energy programme for the past 20 years, where we are promoting more efficient coal generation and renewable sources of energy in all industries. This is a continuous process, but with the increasing price of crude oil, climate change and environmental concerns, we have no other choice.

- How can Asian utilities achieve a sustainable and environmentally friendly outcome?

We must promote renewable sources of energy. They may be expensive, but when you take into consideration the environmental concerns, they are well worth it.

Asian countries should include the implementation of clean energy into their governmental policies. This is the only way to ensure a strong commitment to clean energy. It may go against economic growth, but it will allow them to prosper in the long-term.

Energy utilities do not have to wait until the world runs out of fossil fuels to start utilising cleaner resources, as it may already be too late.


About the Power Generation APAC Summit 2012

This unique forum will take place at The Venetian Macao Resort Hotel, Macao, China, 3 - 5 December 2012. Offering much more than any conference, exhibition or trade show, this exclusive meeting will bring together esteemed industry thought leaders and solution providers to a highly focused and interactive networking event. The Summit includes visionary presentations and interactive forums on unprecedented growth in the APAC energy sector, the foundation for a sustainable and prosperous future and cutting back on dirty fuel consumption. For more information please send an email to info@marcusevanscy.com or visit the event website at www.apacpowergen.com/WeerakornOngsakulInterview.

marcus evans group - environment/utilities/ energy sector portal - http://tiny.cc/xt61aw

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Contact:
Stacey Melvin
Journalist, marcus evans, Summits Division
Tel: + 357 22 849 400
Email: press@marcusevanscy.com


Topic: Research / Industry Report
Source: marcus evans Summits

Sectors: Daily Finance, Daily News
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