Powering Development

Date:    Thursday, 24 September 2009
Time:   10:00 am to 12:00 noon
Venue: The Auditorium 
              Level 2 Lee Kong  Chian Wing University Hall, NUS
              21 Lower Kent Ridge Road
              Singapore 119077

Registration is free. Please email  name, designation, email address and organization. Ms Jan Lui  at esibox2@nus.edu.sg by 18 Sep 2009.

Abstract

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Security of energy supply and climate change are global political priorities, and world energy producers face the double challenge of strengthening both energy security and climate security. South East Asia sees a growing disparity between energy demand and new energy investments. To meet Asia’s growing annual energy demand of 2.8%, the International Energy Agency (IEA) calls for cumulative investments in energy-supply infrastructure of more than USD 7.3 trillion in Asia in 2007-2030. The power sector accounts for USD 5.3 trillion, or 52% of total investments.

By exporting Norway’s long tradition in renewable and hydropower technology, SN Power has become a sizeable provider of renewable energy. Responsible technology transfer within renewable energy sources maximise sustainable growth opportunities for Asian developing nations.

SN Power is a growing international renewable energy company with projects and operations in Asia, Africa and Latin America. SN Power invests on commercial terms and is committed to social and environmental sustainability throughout the business. It is the owner of projects in India and Peru that generate CDM credits and has CDM opportunities as part of its business principles. SN Power is also regarded as a responsible company. Integrity and sustainable development is embedded into its business principles and it is strongly committed to UN Global Compact.

SN Power’s experience is that developing nations benefit in terms of technology transfer and investment. However, we also encounter challenges:  To increase investment incentives, structural changes, such as deregulation of the energy> markets, are required. The lack of institutional frameworks for attracting cost effective international investment is a constraint. Hydropower development have high up-front costs, which tends to deter investment, but very low expenditure in their long operating period. Deregulation of markets benefit both investors and more importantly, the local consumers.

Speakers

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Mr Erik Knive, 
Executive Vice President, 
Statkraft Norfund Power Invest AS (SN Power)

SN Power is a significant international hydropower and renewable energy company and is a commercial investor, developer and operator of renewable energy and hydropower projects in emerging markets. As EVP Southeast Asia SN Power Invest, Mr. Erik Knive is responsible for all operational entities and business development in East Asia, as well as global support functions managed through the Singapore corporate entity. Erik Knive joined SN Power in 2005 and has substantial international experience in International business. He has worked with start-ups and operational entities within multinational telecom, service providers, international financial institutions and government ministries in the USA, Asia, Europe and the Middle East. Prior to managing SN Power’s Southeast Asia business, Erik gained executive experience from Norconsult Telematics and Teleplan having been responsible for Global Business Development and all European and Asian operations.

Erik attended a General Management Program from Harvard Business School and he holds a BSc from University of New Orleans.

Programme

10:00 am      Registration
10:30 am      Welcome remarks by Energy Studies Institute
10:35 am      Powering Development by Mr Erik Knive
11:30 am      Q&A session
12:00 noon   End of Programme

Registration is required and on-first-come-first-served basis.
Please email your name, designation, email address and organization to
Ms Jan Lui at esibox2@nus.edu.sg by 18 September 2009

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