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Japan’s Efforts toward Strengthening Energy Security in the Asia-Pacific region

EWG50 Agenda 3. 50th Meeting of the APEC Energy Working Group (EWG50) Honolulu, the United States. Japan’s Efforts toward Strengthening Energy Security in the Asia-Pacific region. 16-17 December 2015 Agency for Natural Resources and Energy

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Japan’s Efforts toward Strengthening Energy Security in the Asia-Pacific region

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  1. EWG50 Agenda 3 50th Meeting of the APEC Energy Working Group (EWG50) Honolulu, the United States Japan’s Efforts towardStrengthening Energy Securityin the Asia-Pacific region 16-17 December 2015 Agency for Natural Resources and Energy Ministry of Economy, Trade and Industry (METI), Japan

  2. Contents • APEC Initiative for Enhancing the Quality of Electric Power Infrastructure • LNG Producer-Consumer Conference 2015

  3. 1. APEC Initiative for Enhancing the Quality of Electric Power Infrastructure • Cumulative investment in Asian electric power sector is expected to reach approximately US$ 6.7 trillion by 2035. • Electricity demand in Southeast Asian countries will increase by 140% between 2012 and 2035, which leads to cumulative investment of about US$ 1.0 trillion in power sector. Figure. Share of cumulative investment and energy efficiency by region (2014-2035) Figure. ASEAN average annual investment in power generation capacity and T&D networks Asia (Non-OECE) 41% (Source: IEA World Energy Investment Outlook (2014)) (Source: IEA Southeast Asia Energy Outlook (2013))

  4. 1. APEC Initiative for Enhancing the Quality of Electric Power Infrastructure • In order to develop high-quality electric power infrastructure and provide stable supply of electricity in the region, Japan has launched APEC Initiative for Enhancing the Quality of Electric Power Infrastructure in June2015. • This Initiative is cosponsored by the Philippines, Peru, Chinese Taipei and the United States. • The Initiative is mainly aimed at formulating a guideline for that purpose. • After the guideline being finalized, capacity building for disseminating the guideline will be conducted. Scope of the Guideline

  5. 1. APEC Initiative for Enhancing the Quality of Electric Power Infrastructure • Japan held the Workshop for Enhancing the Quality of Electric Power Infrastructure in August in Tokyo with the help of APERC. • Participants shared views on the bad practices and advanced cases of electric power infrastructure development and operation. • Participants discussed a potential guideline, the role of APEC and collaboration between APEC Economies in order to enhance quality of electric power infrastructure. • See http://aperc.ieej.or.jp/publications/presentations/apec_events_detail.php?article_info__id=202 APEC Workshop for Enhancing the Quality of Electric Power Infrastructure • Date:25-26 August 2015 • Location: Tokyo, Japan • Participants:about 40 people from Asia-Pacific economies and regional/international organizations • APEC Canada, Chile, Indonesia, Japan, Malaysia, NZ, Peru, the Philippines, Chinese Taipei, Thailand, the US, Viet Nam • Non-APECCambodia, Laos, Myanmar • Regional/international organizations ADB, APERC, ACE, HAPUA • Companies TEPCO, MHPS, CSSC, KPMG

  6. 1. APEC Initiative for Enhancing the Quality of Electric Power Infrastructure • At the EMM12, APEC Energy Ministers welcomed the new APEC Initiative for Enhancing the Quality of Electric Power Infrastructure taking into consideration not only resilience to extreme weather events but also lifecycle costs, environmental impact, responsiveness to changing market circumstances and business continuity. • The Ministers instructed the EWG with the support of APERC, in cooperation with other international and regional organizations to formulate a document of best practices to enhance the quality of electric power infrastructure in the Asia-Pacific region.

  7. 1. APEC Initiative for Enhancing the Quality of Electric Power Infrastructure

  8. 2. The LNG Producer-Consumer Conference 2015 • On September 16, 2015, the LNG Producer-Consumer Conference 2015 (The 4th Conference) was held. • Including ministerial-level officials and top business executives, more than 1,000 people from about 50 nations attended the conference. • See http://www.lng-conference.org/english/index.html 1. Outline of the Conference Date: September 16, 2015 (9:00 a.m.- 4:30 p.m.) Venue: The International Convention Center PAMIR, The Grand Prince Hotel New Takanawa (Tokyo, Japan) Participants: Over 1000 from 50countries, including 90 from the Media 2. Main Speakers 【Consumers】 Gov.: Japanese Minister of Economy, Trade and Industry, Korean Vice Minister of Trade, Industry and Energy, Senior Official from Singapore government Corp.: CEO of Indian Petronet LNG , Chairman of Taiwanese CPC , President of JERA and Tokyo Gas , Vice President of CNPC Research Institute, 【Producers】 Gov.: Qatar Minister of Energy &Industry Senior Officials from US, Australian , Indonesian Government Corp.: ExxonMobil, Shell, Total, Sempra, Veresen 【Others】 Head of IEA, ERIA, IEEJ and JOGMEC

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