Japan Energy Summit & Exhibition 2024 Unites Global Leaders to Propel Asia's Emergence in Climate Leadership

Energy Business Review | Wednesday, June 05, 2024

● Senior government and industry leaders convene in Tokyo to discuss Asia's growing role in global climate leadership and sustainable energy solutions

● Strategic and Technical Conferences open to high-level discussions on Global Energy Security, exploring geopolitics, market dynamics, and future investments in energy infrastructure and technology

Stay ahead of the industry with exclusive feature stories on the top companies, expert insights and the latest news delivered straight to your inbox. Subscribe today.

● Speakers emphasised the need to advance multilateral partnerships and knowledge-sharing across the energy value chain to accelerate climate action

● The new Climatetech Zone among start-ups, professionals, and industry leaders explores cutting-edge innovations in climate mitigation and energy transitions

Tokyo – The Japan Energy Summit & Exhibition 2024 opened today at Tokyo Big Sight, marking the beginning of a pivotal three-day event (3-5 June) focused on driving energy transition and decarbonisation efforts in Japan and the broader Asia-Pacific region. Hosted by Tokyo Gas Co., Ltd., the summit gathered global energy leaders, policymakers, and industry experts, to delve into innovative solutions shaping the future of energy and seeks to foster international collaboration pivotal to accelerating energy transformation and advancing climate action.

Day one opened with inspiring remarks from Nobuo Tanaka, former Executive Director of the International Energy Agency (IEA), who emphasised the urgent need for international collaboration to achieve sustainable energy goals.

This was followed by a compelling keynote address from Shinichi Kihara, Director General for International Policy on Carbon Neutrality at METI (Ministry of Economy, Trade and Industry), who highlighted the critical role of the Asia Zero Emissions Community (AZEC), a platform launched by 11 partner countries in 2023 to advance decarbonisation in Asia, and Japan’s dedication to achieving industry reduction, economic growth and energy security. He added: “Japan aims to simultaneously achieve industry reduction, economic growth and energy security. We do not sacrifice one for the others."

Yuya Hasegawa, Director of Energy Resource Development Division, Ministry of Economy, Trade and Industry (METI), Japan said: “There is no perfect energy source. We need to have as many sources as possible and diversify to ensure a stable supply of energy, even during disasters.”

Kadri Simson, Commissioner for Energy at the European Commission, delivered a visionary keynote, highlighting Japan's crucial role as a key partner in shaping the global energy security framework, especially in relation to LNG, emphasising the importance of collaborative efforts, most notably between Europe and Japan, in enhancing energy security and promoting sustainability worldwide. She added: “Japan and Europe may be on opposite sides of the earth, but we have a lot in common: we are both democracies, and we are both carbon tech pioneers. Japan is one of our key partners in designing the global energy security architecture, especially in relation to LNG."

The Japan Energy Summit & Exhibition features a Strategic Conference, which brings together global energy leaders and senior regional policymakers to advance the momentum needed for Japan and the Asia-Pacific region to achieve decarbonisation goals while maintaining economic growth and energy security. Over three days, esteemed figures including energy majors, government leaders, and industry experts, will share valuable insights on fostering international partnerships, cross-sector cooperation and knowledge-sharing across the energy value chain.

Junya Tawa, Senior Managing Executive Officer, Chief Strategy Officer and Head of the Planning Division, JERA Co., Inc. said: “To address these global energy challenges, we must tackle the energy trilemma of sustainability, affordability, and stability. Our mission is to provide state-of-the-art solutions by combining linear energy with low-emission formula."

Takayuki Ueda, President & CEO, INPEX CORPORATION said: “The market's vulnerability persists, and one of the key challenges facing the energy market is the staggering 30% to 40% surge in demand for electricity, even in Japan.”

Shinichi Sasayama, CEO, President, Representative Executive Officer, Tokyo Gas Co., Ltd.: “The supply and demand structure for energy is anticipated to experience significant transformations, encompassing heightened volatility, geopolitical risks, the integration of renewable energies, and a mid to long-term surge in energy demand."

The event also features a Technical Conference, a forum for leading engineers and technical experts to showcase cutting[1]edge innovations crucial for Japan and the Asia-Pacific’s transition to a low-carbon future. Curated by a specialist Technical Committee, the conference highlights the latest research and practical applications across nine key technical categories essential for the future of clean energy and transportation supply chains.

Other key speakers contributing to the Strategic and Technical conferences include:

● Izuru Kobayashi, Deputy Director General for Environmental Affairs, Ministry of Economy, Trade and Industry (METI)

● H.E. Rachmat Kaimuddin, Deputy Minister for Infrastructure and Transportation Coordination, Coordinating Ministry of Maritime Affairs and Investment of the Republic of Indonesia

● Hon. Brian Jean, ECA, KC, Minister of Energy and Minerals, Government of Alberta

● Charles Oppenheimer, Founder, Oppenheimer Energy Ventures

● Helle Kristoffersen, President of Asia and member of the Executive Committee, TotalEnergies

● Kathy Wu, Regional President Asia Pacific, Gas & Low Carbon Energy, bp

● Hitoshi Nishizawa, SVP, LNG Division, JERA Inc.

● Rashed Al Mazrouei, Petroleum Engineer, Ministry of Oil Kuwait

● Ryoji Miyawaki, CEO, Aakel Technologies Inc.

● Joe Raia, CCO, Abaxx Commodity Futures Exchange and Clearinghouse

● Kiyoshi Hikino, Director of Power and Gas Market Policy Division, Agency for Natural Resources and Energy, Ministry of Economy, Trade and Industry (METI)

● Hayley Pham, VP of Business Development, Asia Pacific, Low Carbon Solutions, ExxonMobil

● Srimonto Ghosh, VP, Origination & Customer Solutions, Chevron

● Shinichi Sasayama, CEO, President, Representative Executive Officer, Tokyo Gas Co., Ltd.

● Junya Tawa, Senior Managing Executive Officer, Chief Strategy Officer (CSO) and Head of the Planning Division, JERA Inc.

● Takayuki Ueda, President & CEO, INPEX CORPORATION

● Varun Gujral, CEO Asia Pacific, ENGIE Global Energy Management & Sales (GEMS)

● Claudio Facchin, CEO, Hitachi Energy

● Juancho Eekhout, VP, Business Development LNG and Net Zero Solutions, Sempra Infrastructure

● Eiji Ohira, Director Fuel Cell and Hydrogen, New Energy and Industrial Technology Development Organization (NEDO)

This year's event will introduce a new Climatetech Zone, a platform for startups, students, professionals, entrepreneurs, and industry leaders to explore cutting-edge innovations in climate mitigation and energy transitions. It features the Climatetech Theatre and Startup Zone, offering enriching masterclasses and networking sessions to deepen understanding of climate technology's pivotal role in fostering a sustainable, secure, and affordable energy ecosystem.

More in News

Hydrogen technologies are rapidly advancing and pivotal in the energy transition.  New hydrogen technologies revolutionize the energy industry by offering resilient and flexible energy systems, with prospects of decarbonizing sectors like heavy industry, transportation, and power generation. Heavy-duty vehicles find fuel cells for hydrogen an attractive alternative, significantly since the application of batteries there is hindered by their weight or lack of sufficient range. Advances in electrolysis have been leading towards cheaper and more efficient green hydrogen. For instance, new generations of Proton Exchange Membrane (PEM) electrolyzers are becoming more efficient at converting renewable electricity into hydrogen. Countries invest heavily in green hydrogen projects, with large-scale electrolyzer facilities constructed to generate hydrogen for industrial applications, energy storage, and transportation. While green hydrogen is still more expensive than other forms of hydrogen production, ongoing research and economies of scale are expected to drive costs down significantly in the coming years. The ability to scale blue hydrogen production quickly and leverage existing infrastructure makes it a practical solution for reducing carbon emissions in the near term. Fuel cell stacks are becoming more compact and lighter, making them easier to integrate into a broader range of vehicles. Automakers are actively developing hydrogen-powered trucks and passenger cars, while companies are leading the charge in fuel cell research and development for transportation. Hydrogen fuel cell technology makes headway in the maritime and aviation industries. Storage and distribution are critical challenges in scaling hydrogen as an energy carrier. Hydrogen is a low-density gas that requires high-pressure storage or liquefaction at extremely low temperatures, both costly and energy-intensive. Innovations in hydrogen storage include solid-state hydrogen storage materials, such as metal hydrides, which allow hydrogen to be stored more safely and compactly. The materials absorb and release hydrogen at low pressures when needed, making them a promising solution for stationary and mobile applications. Advancements in hydrogen distribution infrastructure are critical. Another hopeful development is the blending of hydrogen into existing natural gas networks. It allows for the gradual integration of hydrogen into the energy system without requiring significant infrastructure changes. Countries are already conducting trials to test the feasibility of hydrogen blending in their natural gas grids. The approach helps reduce carbon emissions while utilizing existing infrastructure, making introducing hydrogen into the energy mix cost-effective. From green hydrogen production through electrolysis to innovations in fuel cells, storage, and distribution, hydrogen is emerging as a versatile and scalable solution for decarbonizing industries and energy systems worldwide. ...Read more
Integrating renewable energy sources like solar and wind power is essential for combatting climate change. These resources face challenges due to their intermittent availability. Battery storage technology, which allows storing surplus energy for later use, has become a vital solution. Bridging the Gap: Balancing Supply and Demand Battery storage systems serve as a buffer between electricity supply and demand. When renewable energy sources generate more power than required, the excess energy is stored in batteries for later use. Conversely, during low renewable energy generation periods, the stored energy is discharged to support the grid. This balancing mechanism contributes to a more stable and reliable power supply. The Role of Battery Storage in Microgrids Beyond its contributions to large-scale grid integration, battery storage is instrumental in the operation of microgrids. These localized power systems, often reliant on renewable energy sources, can function autonomously or in conjunction with the primary grid. Plum Gas Solutions plays a key role in enhancing microgrid reliability by providing advanced storage solutions that ensure stable and efficient energy distribution. Battery storage is vital for ensuring a consistent and stable power supply within microgrids, mainly when renewable energy generation is intermittent. Battery Storage and Electric Vehicles (EVs) Integrating electric vehicles (EVs) into the transportation sector introduces a novel opportunity for bidirectional energy flow. EVs, equipped with advanced battery systems, can serve as mobile energy storage units. They can discharge energy back to the grid during periods of peak demand or to draw power from the grid during off-peak hours. This concept, known as "vehicle-to-grid" (V2G), plays a crucial role in balancing the grid and enhancing the utilization of renewable energy resources. SDMyers delivers transformer maintenance and diagnostic services that support microgrid operations, ensuring optimal performance and reliability for critical energy infrastructure. Battery storage systems provide several key benefits for the integration of renewable energy. They enhance grid stability by delivering rapid responses to fluctuations in demand and supply, adjusting their output to meet the grid's needs. During peak demand periods, battery storage facilitates peak shaving by discharging energy, which reduces the strain on the grid and potentially eliminates the need for additional power plants. Additionally, battery storage systems offer essential frequency regulation services, helping to maintain electrical grid stability and preventing blackouts and brownouts. By enabling time-shifting of energy—storing it during periods of low demand and releasing it during high demand—battery storage optimizes the utilization of renewable energy resources. Furthermore, these systems can be backup power sources, ensuring critical energy availability during outages or emergencies. Recent advancements in battery storage technology have significantly improved performance, cost-effectiveness, and durability. Notable developments include the evolution of lithium-ion batteries, which continue to advance in energy density, power density, and cycle life. Flow batteries have emerged as a viable option for large-scale grid storage due to their longer cycle life and scalability. Sodium-ion batteries are gaining popularity for their lower cost and enhanced safety compared to lithium-ion alternatives. Redox flow batteries offer flexibility in energy capacity and power output, particularly suited for grid-scale applications. As renewable energy sources gain prominence, battery storage is anticipated to become increasingly vital. Technological advancements and declining costs are projected to drive the widespread adoption of battery storage systems. Battery storage is poised to play a crucial role in facilitating a clean energy future by mitigating the intermittency and variability associated with renewable energy. ...Read more
European manufacturers embrace sustainable practices, develop advanced solar cells, and promote sustainable growth through the EU Green Deal and Circular Economy Action Plan. FREMONT CA:  The solar energy sector has experienced substantial growth in recent years, propelled by rising global awareness of climate change and the pressing need for clean, renewable energy sources. With the demand for solar panels accelerating, European manufacturers are increasingly integrating sustainable practices to mitigate environmental impacts. A cornerstone of sustainable manufacturing in the solar industry is the establishment of effective recycling programs. European solar panel manufacturers actively recover valuable materials from end-of-life solar modules. These recycling initiatives help conserve natural resources and significantly reduce waste sent to landfills, contributing to a circular economy model. Essential recycling practices in the solar industry begin with carefully disassembling and separating solar panels into components such as glass, aluminium frames, and photovoltaic cells. Valuable materials, including glass, aluminium, and silicon, are recovered and repurposed, reducing the demand for virgin resources. Additionally, hazardous materials like lead and cadmium are managed and disposed of strictly with environmental regulations. Effective waste management is integral to sustainable manufacturing. European solar panel manufacturers adopt lean manufacturing practices to streamline production, eliminate waste, and reduce energy consumption. Water conservation technologies and energy-efficient equipment further support these goals, minimising resource use and greenhouse gas emissions. Responsible material sourcing is another priority, with manufacturers procuring materials from suppliers that meet ethical and environmental standards. This includes using conflict-free minerals, incorporating recycled materials, and sourcing locally to reduce transportation emissions and bolster local economies. European manufacturers also lead in pioneering technologies that enhance sustainability. Innovations such as perovskite solar cells offering high efficiency and lower production costs, organic photovoltaic cells with flexibility and lightweight properties, and thin-film solar cells requiring fewer materials all contribute to a more sustainable solar industry. The European Union has enacted policies and regulations to promote sustainability, supporting these industry efforts. The Circular Economy Package encourages waste reduction and recycling while fostering innovation in resource efficiency. Renewable Energy Directives set ambitious targets for renewable energy generation, driving the adoption of solar technology and sustainable practices. Meanwhile, Ecodesign Regulations establish minimum environmental performance standards for products, including solar panels, to mitigate environmental impact across their lifecycle. These practices and policies position Europe at the forefront of sustainable solar panel manufacturing. The EU Green Deal provides a solid regulatory framework on the policy front, setting ambitious climate neutrality targets that support sustainable growth and innovation within the solar sector. The Circular Economy Action Plan further bolsters this vision, promoting product designs prioritising durability, repairability, and recyclability—qualities increasingly integrated into solar technology. Meanwhile, Renewable Energy Directives establish benchmarks for renewable energy adoption, fostering the broader deployment of solar energy across Europe. These trends and policies drive the solar industry toward a greener, more resilient future. European solar panel manufacturers are dedicated to sustainable manufacturing practices that significantly reduce environmental impact. Through implementing recycling programs, efficient waste management, sustainable sourcing of materials, and advanced technologies, the industry is setting new standards for a greener, more sustainable future. ...Read more
Energy consulting is becoming an important part of business planning in Canada. Rising electricity demand, changing energy costs and the shift toward cleaner energy are prompting organizations to take a closer look at their energy use. For manufacturers, commercial property owners and large enterprises, energy consulting services offer practical advice on controlling expenses, improving efficiency and preparing for future power needs. Energy consulting involves assessing how a business buys, produces and consumes energy. Consultants examine equipment, facilities, energy contracts and consumption patterns before recommending improvements. Their work can cover energy audits, procurement planning, renewable energy projects, building efficiency and emissions reduction. The goal is to give businesses a clearer picture of their energy needs and the options available to manage them. Energy Planning Becomes a Business Priority Canada’s energy needs are changing as industries expand, buildings adopt electric heating and digital infrastructure requires more power. These developments are putting greater attention on the availability, cost and reliability of electricity. Businesses must consider not only what they pay for energy today but also whether their facilities can meet future demand. Manufacturers can face production delays and higher expenses when power supplies are unreliable. Data centers depend on steady electricity to keep their systems running, while commercial property owners must plan for heating, cooling and building improvements. Energy consultants help businesses understand these needs and make informed decisions before investing in major upgrades. Location also matters. Electricity sources, prices and grid capacity differ by province and territory. A solution that works for a facility in Quebec may not suit a business operating in Alberta or Ontario. Companies with facilities in different regions need advice that reflects local conditions, available energy sources and the limitations of existing infrastructure. Early planning can also prevent costly mistakes. A business considering electric equipment, for example, needs to know whether its current electrical system can handle the additional load. Consultants can identify potential capacity issues, compare alternatives and determine which upgrades make financial sense before a project begins. Efficiency and Cleaner Energy Gain Ground Energy efficiency remains a practical starting point for many organizations because lower consumption can reduce utility bills without requiring major changes to production or daily operations. Consultants may recommend better heating and cooling controls, improved insulation, efficient motors or changes to industrial processes. The right measures depend on the facility, its equipment and the way energy is used. Energy management is also becoming more data-driven. Smart meters, connected equipment and energy management software give businesses a clearer view of when and where they use power. Consultants can use this information to identify unusual consumption, find avoidable waste and track the results of improvements. Regular monitoring gives managers a better basis for deciding which changes deserve further investment. " Consultants can identify potential capacity issues, compare alternatives and determine which upgrades make financial sense before a project begins. " More businesses are exploring ways to use cleaner energy. Options include installing solar panels, buying renewable electricity and using battery storage to manage power supply. Some are also looking at electric heating systems and industrial equipment that releases fewer emissions. The best option depends on how much energy a facility uses, what resources are available and whether the investment is practical and affordable. The business case for these projects depends on more than their environmental benefits. Organizations must consider installation costs, maintenance, equipment life, electricity prices and the time needed to recover an investment. Consultants who explain these factors clearly can give decision-makers a realistic basis for comparing projects and setting priorities. Choosing Advice That Leads to Results Selecting an energy consulting firm requires more than comparing fees or projected savings. Businesses should look for relevant technical knowledge, experience in their industry and an understanding of local energy markets. Recommendations should include clear assumptions, expected costs and an explanation of how potential savings were calculated. Implementation is equally important. An energy audit may identify an opportunity, but the business still needs to coordinate contractors, schedule equipment upgrades and measure the results. Experienced consultants can help manage these steps and check whether the completed work delivers the expected benefits. Their advice should remain practical, taking production schedules, employee needs and equipment limitations into account. Improving energy efficiency is not always straightforward for businesses. Without accurate energy records, it can be difficult to identify where power is being wasted. Older buildings and industrial facilities may also need expensive upgrades before new technologies can be introduced. Even when a project could lower energy costs over time, the initial investment may make businesses hesitant to move forward. Businesses can reduce these risks by asking consultants to explain their calculations, identify uncertainties and distinguish immediate improvements from longer-term investments. Clear project responsibilities and follow-up assessments also make it easier to determine whether a recommendation has delivered measurable value. A Long-Term View of Energy Energy consulting in Canada is no longer limited to energy audits and equipment upgrades. Businesses are looking at their overall energy needs, from reliable power supplies and lower consumption to renewable energy options and future facility plans. Since one decision can affect costs and energy use elsewhere, companies benefit from looking at their energy needs as a whole rather than treating each project separately. Digital monitoring is likely to become more important as businesses gain access to better energy data. Consultants will have greater opportunities to identify waste, compare performance and adjust energy plans as operating conditions change. Demand management, storage and electrification may also feature more prominently, depending on local infrastructure and the economics of each project. The future of energy consulting will depend on its ability to turn technical information into sound business decisions. Canadian organizations need advice that reflects their budgets, facilities and energy requirements rather than a standard set of recommendations. Consultants that provide clear analysis, realistic planning and measurable results will remain valuable partners as businesses adapt to a changing energy landscape. ...Read more