The Asia Energy Security Summit is a track II diplomacy initiative of IPPAI where government, industry leaders, regulators, policymakers, academicians and think tanks from across the world discuss and debate issues relating to the entire energy spectrum, particularly the emerging issues and challenges in the energy landscape of Asia. The proceedings from the previous conclaves are carried forward for review and discussion.
IPPAI organized the 6th Asia Energy Security Summit between March 1 and 3, 2016, at the Radisson Goa Candolim, Goa, India.
The key global events over the past one year include a certain amount of continuity in terms of events that shaped the previous year as well as certain tectonic shifts in the geopolitical arena, which are bound to have a significant impact in the overall global energy paradigm in the coming years.
While on one hand, the world witnessed a certain amount of lull in the Caucasus region, especially the Ukraine frontier, the turmoil and upheaval in the Middle-East and North Africa, on the other hand, continues to escalate.
The 6th AESS focused on the geopolitical upheaval in the Middle-East and the slowing down of key Asian economies and their impact on the global energy economics. It also explored the overall impact of a low oil price era that the world has been witnessing for over a year.
The first and second day of the conference sparked interesting debates on issues such as the new geopolitics of energy: developments and changing relations in the Gulf, depressed oil prices: challenges and opportunities, Asia’s access to energy challenge in the Indian Ocean region, regulatory and policy challenges for cross-border trade of electricity in the SAARC region, connecting Tajikistan to Singapore through an integrated grid, alternative energy options for smart cities in Asia and protection of critical energy infrastructure from cyber attacks.
The final day of the summit focused on issues related to water management for India’s upcoming smart city program. Much like oil, water is fast becoming a scarce commodity, which may trigger flare-ups or even major conflicts in the future. Examples of Asian cities like Singapore were cited, where these countries have successfully managed to set up efficient water management systems.
The AESS, over the years, has received participation, support and partnership from experts, policy makers, government officials and industry leaders from several Asian countries such as Malaysia, Saudi Arabia, Afghanistan, Pakistan, Lebanon, Turkmenistan, Tajikistan, Iran, Bhutan, Singapore and Sri Lanka, and multilateral agencies such as SAARC Energy Center.