Future Energy Asia 2024: Driving Sustainable Energy Transition with Government Collaboration

Auto Tech Outlook | Monday, March 25, 2024

● Co-hosted by EGAT and PTT, Future Energy Asia Exhibition & Summit taking place from 15-17 May 2024 in Bangkok, aims to lead the sustainable energy transformation in Asia amidst rapid industrialisation and urbanisation

● The conference is planned to address themes impacting the future of Asia’s energy landscape, including transitioning Asia towards carbon neutrality, utilising gas as a transition fuel, harnessing hydrogen, ammonia and alternative fuels, and financing renewable energy development

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.

● Thai government entities and global associations to engage in critical dialogue impacting regional energy policy - Ministry of Energy, Ministry of Digital Economy and Society, National Energy Technology Center (ENTEC), Energy Regulatory Commission of Thailand, Ministry of Natural Resources and Environment (MNRE), Thailand Convention and Exhibition Bureau and the Energy Regulators Regional Association (ERRA)

● The exhibition acts as a hub for renewable energy innovation and investment, with support from energy majors - PTT, ABB, Bapco Energies, Black & Veatch, Cheniere, Emerson, Schneider and more

Bangkok, Thailand - Scheduled for 15-17 May 2024 in Bangkok, Thailand, Future Energy Asia will address the urgent need to drive investments and collaborations for tripling renewable energy capacity, accelerating low-emission technologies, and doubling the rate of energy efficiency.

Endorsement from Thailand's key governmental bodies, including the Ministry of Energy, Ministry of Digital Economy and Society, National Energy Technology Center (ENTEC), Ministry of Natural Resources and Environment (MNRE), Energy Regulatory Commission of Thailand, and the Thailand Convention and Exhibition Bureau, underscores the event's critical role in aligning industry advancements with sustainable energy policies.

With its extensive content program featuring over 300 sessions and 2,500 conference delegates, Future Energy Asia will be the breeding ground for the strategies and solutions needed to navigate the energy transition in Asia.

The conference programme will focus on key themes including the strategic role of natural gas and LNG as transition fuels, supported by carbon capture and methane reduction efforts; the push towards alternative fuels like hydrogen, demanding significant government and industry investment; the surge in renewable energy development, requiring innovative solutions for integration and regulatory challenges; the importance of enhancing ASEAN's power grid for improved sustainability and connectivity; and the pivotal role of digitalisation in managing complex energy systems.

More than 600 policy makers, industry leaders and academia will speak at the event to share insights across multiple stages, including notable figures like Somruedee Chaimongkol (CEO of Banpu), Dr Harald Link (Chairman, B. Grimm), Darmawan Prasodjo (President Director, PT PLN), and Dato' Ir. Ts. Abdul Razib bin Dawood (CEO, Energy Commission, Malaysia).

"Events like Future Energy Asia are critical for sharing knowledge, strategies, and innovations that will drive our region's energy transition," stated Somruedee Chaimongkol, CEO of Banpu. "It's an opportunity to redefine how we think about and use energy. It's about building a collective future that prioritises innovation, resilience, and sustainability."

Attended by over 22,000 professionals and featuring more than 350 exhibiting companies, Future Energy Asia Exhibition along with co-located events will act as a catalyst for innovation and investment in renewable energy and efficient systems. The showcase will present latest products, solutions and innovations driving forward Asia’s energy transition, from industry leaders such as PTT, ABB, Bapco Energies, Black & Veatch, Cheniere, Emerson and Schneider.

“By supporting Future Energy Asia, we're investing in a future where energy is not only accessible but also efficient and sustainable for all," shared by Mr. Auttapol Rerkpiboon, President and CEO, PTT. "It's about building a collective future that prioritises innovation, resilience, and sustainability."

"The collaboration and dialogue facilitated by Future Energy Asia are indispensable for bringing the industry together in tackling it’s decarbonisation goals," said Narsingh Chaudhary, President, Asia Pacific & India, from Black & Veatch. "It's truly a great venue to have deep discussions on industry challenges and share innovative global solutions that we bring to the region."

Christopher Hudson, President, dmg events, said: "It is critical that we urgently address the increasing energy demand by growing economies in Asia while aligning with climate objectives. A synergistic approach between the government and the private sector is essential for propelling Thailand and the wider region towards a sustainable energy future. Events such as Future Energy Asia offer a platform to forge transformative collaborations and develop groundbreaking solutions to shape the future of the industry.”

Taking place alongside the event, and in strategic partnership with Future Energy Asia, the world’s leading energy authorities will gather at the Energy Regulators Forum (ERF) to discuss the complexities of the trilemma of security, affordability, and sustainability in the energy sector, and the urgent need for effective and adaptable regulatory policies.

Held annually by the Energy Regulators Regional Association (ERRA), the 21st edition of ERF will take place for the first time in Asia, uniting global regulators, visionary investors, system operators, top-tier consultants, and academics in high-level dialogue that will significantly impact the future of the energy market.

Also co-located with Future Energy Asia, Future Mobility Asia Exhibition and Summit is uniquely positioned to act as a bridge between innovators in the mobility sector and representatives from across the global energy value chain. Future Mobility Asia creates an inclusive environment that seeks to drive cross-sector collaboration, sparking the innovation needed to accelerate Asia’s mobility transition.

More in News

Mobility is a key element of both economic and personal freedom, making it essential to prioritize reliable roadside support as the number of vehicles on the road increases. An effective roadside assistance network is crucial for helping vehicles that encounter issues like breakdowns, flat tires, and dead batteries. As technology and consumer expectations evolve, these systems need to become more intelligent and interconnected, enhancing their efficiency, safety, and consistency. This shift is transforming roadside assistance into a more responsive, scalable, and transparent service. Increased Dispatch Efficiency and Real-Time Communication One of the significant advances of roadside assistance networks is better dispatch coordination. They mainly comprise call centers, paper records, and manual routing, which increased wait times and reduced service visibility. Using digital platforms, one can track and automate job assignments and streamline communication between dispatch centers, field technicians, and vehicle owners. Integrated systems apply location information to connect requests needing service with the nearest available provider, thereby slashing response times and streamlining resource deployment. Such automation enables service providers to serve larger volumes with uncompromised quality and gives customers a better view of arrival time and service status through mobile applications. This two-way communication added by these systems creates room for live updates, reducing the range of uncertainty for the ultimate experience. The dispatch system can analyze patterns in service requests and traffic conditions to forecast peak demand periods and adjust resource allocation. The operational improvements bring speedier resolutions while promoting optimized workforce utilization and reduced overhead. Data Integration and Predictive Maintenance Support Modern roadside pro-back-up solutions are becoming the core of the larger ecosystems of vehicle support. Linking such applications as telematics and vehicle diagnostics systems is a massive key towards proactive service strategies. For example, sensor-equipped vehicles connected to platforms communicate real-time information to alert of upcoming trouble before a severe failure occurs. Predictive awareness will avoid road incidents, allowing one to remind users of battery replacement, tire rotation, or any other preemptive action. From a customer perspective, technicians come to the scene informed or "armed" with all the appropriate tools or replacement parts necessary to fix the issue during their first visit, empowered by the presence of such health data concerning the vehicle. It also reduces diagnostic time at the scene since it enables better fault determination. In some cases, remote assistance may be feasible through technical support or system resets, allowing the user to avoid waiting for an actual intervention. Such features not only improve customer satisfaction but also reduce operational costs. Scalability and Customization along Multiple User Lines Roadside assistance network solutions are versatile and can work across an extensive range of users, including individual drivers, fleet operators, insurance providers, and vehicle manufacturers. Each group has specific needs and operational goals; therefore, these modern platforms support customization based on various service levels, billing models, and performance metrics. For example, roadside assistance is not merely a support service to fleet operators but an integral part of uptime management. Roadside data should then be integrated with fleet management software for continuous monitoring and speedier interventions to keep vehicles rolling and minimize downtimes. On the other hand, insurance providers would benefit from roadside assistance data to understand risk profiles better and innovate additional services for improved customer loyalty, such as tiered support packages or integration of roadside events with claims processing. Thus, the driver receives help without turning in a separate service request. It therefore creates an integrated ownership experience for the driver, having roadside support within warranty or connected car services. Scalability is also important to provide growth and meet seasonal fluctuating demand. Roadside assistance platforms, supported by cloud-based infrastructure and modular service options, can enlarge or shrink according to what is used at a given moment, while ensuring uniform performance without incurring excess cost. Because third-party service providers can be integrated into a network through standardized APIs, seamless growth of networks occurs while ensuring that controls over operations remain unified. This means that network operators can expand service geographically while controlling service quality across regions through a consistent oversight by centralized performance monitoring. These developments represent the more general trend towards smart mobility and the overall digitization of transport systems. Viewed as a reactive service, roadside assistance is now becoming proactive and is enabled using data to allow it to travel more safely and reliably. Improving coordination, emerging predictive technologies, and building strategy-scalable solutions tied directly to the numerous user needs will ensure that roadside assistance readies itself for the future of connected transportation. ...Read more
Technology is a fundamental component at every stage of the customer journey, contributing to operational efficiency and wealth maximization. For automotive dealerships, the pertinent question is not whether to adopt digital tools, but rather how to evaluate and implement technology solutions that align with specific business objectives. Innovations influence all phases of the sales and service processes, encompassing lead generation, online financing, inventory management, and after-sales support. The selection of an appropriate platform can significantly impact future growth and foster customer loyalty. Defining Dealership Goals and Expectations from the Customer The first step is defining the approach to evaluating technology from the dealership's point of view, internal goals, and external customer expectations. Today, dealerships are selling much more than a car; they must be able to define by convenience, transparency, and speed the buyer's world, which is increasingly knowledgeable and digitally experienced, often going to the showroom with a great deal of research done on the Internet. Any technology solution contemplated should accommodate that connection between the online and offline touchpoints. Whether digital retailing platforms, real-time communication tools, or automated customer follow-ups, the right solution must meet the full spectrum of customer interaction while aligning with the dealership's brand experience and sales objectives. System Integration and Data Connectivity Generally, the most frequent pitfalls seen during the implementation of dealership technology are disparate, non-communicating systems. Duplicate tasks usually occur, and this accounts for a siloed data environment and inconsistent reporting. With well-evaluated solutions, the existing dealership operations, such as customer relationship management, inventory management, finance and insurance, and service scheduling, will be integrated. That way, customer data flow becomes a consistent element throughout the system and provides personalized customer service, resulting in better decision-making about customer-related concerns. In addition, from centralized data access, faster responses address customer inquiries, inventory management, and overhead reduction; ultimately, that will lead to a more agile and responsive dealership environment. Measure Long-Term Value and Scalability While the long-term value of scalability must be considered equally as a cost determinant and functionality justifying worth investment now, upfront costs and immediate functionality determine purchase decisions. The solution should have the capacity to be changed over time in accordance with new trends emerging in the market, customers' use innovations for transacting, and future scale growth of the dealership. Scalability becomes especially important when developing digital distribution channels for the dealership or entering new markets. Also critical are the support and training the technology provider provides for a smooth solution onboarding and continuous optimization over time. Those solutions that are flexible, subject to regular updates, and provide responsive support are likely to yield much larger benefits and keep the costs of transition very low when costly transitions become unavoidable in the future. ...Read more
The automotive industry is evolving, and technological advancements are transforming how dealerships operate. While these innovations provide significant opportunities for growth and efficiency, they also introduce unique challenges. Dealerships must understand and navigate these challenges to thrive in an increasingly digital landscape. Adapting to Rapid Technological Changes One of the most significant challenges facing automotive dealerships today is the rapid pace of technological change. New software, platforms, and tools are consistently emerging, making it difficult for dealerships to keep up. The integration of advanced technologies, such as customer relationship management (CRM) systems, inventory management solutions, and digital marketing tools, requires dealerships to adapt their business processes continually. To effectively navigate this challenge, dealership leadership must prioritize ongoing training and development for their staff. By investing in training programs that focus on new technologies, dealerships can ensure their employees remain proficient and confident in using modern systems. Additionally, staying informed about industry trends and participating in relevant workshops or conferences can help dealership employees understand best practices and innovative solutions that are on the market. Balancing Technology and Customer Experience While technology can enhance operational efficiency, dealerships must maintain a strong focus on the customer experience. The implementation of sophisticated systems, such as online purchasing options and virtual showrooms, can sometimes lead to a disconnect between customers and sales personnel. A common challenge is striking the right balance between automation and the personal touch that customers expect when making significant purchases, such as vehicles. To address this challenge, dealerships should strive to create seamless digital experiences while preserving meaningful interactions with customers. This involves encouraging staff to utilize technology to enhance their engagement with customers rather than replace it. For instance, sales representatives can leverage CRM tools to gather insights about a customer's preferences and tailor their approach accordingly. By blending automation with human interaction, dealerships can offer a more personalized service that fosters trust and cultivates long-term relationships. Overcoming Integration Issues As automotive dealerships adopt new technologies, integrating these systems with existing infrastructure can pose a significant hurdle. Different platforms may not always communicate effectively with one another, leading to data silos and inefficiencies. For example, a dealership might have separate solutions for inventory management, accounting, and customer outreach, making it challenging to have a unified view of operations. To minimize integration issues, dealerships should carefully evaluate the technology solutions they invest in. Opting for platforms that offer easy integration capabilities or are specifically designed for the automotive sector can alleviate many of the common pitfalls associated with technology adoption. Furthermore, involving IT professionals during the selection and implementation process can help identify potential compatibility issues beforehand. Providing a clear roadmap for implementation and encouraging collaboration among teams can also facilitate a smoother transition when integrating new technologies. ...Read more
The automotive industry is experiencing a technology-driven transformation, prompting dealerships to adapt to a rapidly changing environment. Traditional sales models face challenges due to shifting consumer expectations, the emergence of electric vehicles, and connected technology advancements. Dealers must embrace a new era focused on digital engagement, tech-savvy customers, and evolving service requirements. Progressive dealerships are adopting innovative solutions to optimize operations, improve customer experiences, and keep pace with the changing landscape of automotive technology. Tackling Digital Disruption and Customer Expectations Buyers now conduct extensive online research before visiting a dealership, expecting transparency, speed, and convenience. The traditional in-person sales approach no longer appeals to customers who want seamless digital interactions, real-time pricing, and online financing options. From virtual showrooms and live video consultations to AI-powered chatbots and self-service portals, the tools enable customers to explore inventory, schedule test drives, and complete purchases from the comfort of their homes. The growing complexity of auto tech with electric vehicles (EVs), autonomous features, and connected car systems requires dealership staff to become more knowledgeable and tech-savvy. Customers expect expert advice and clear explanations when dealing with advanced in-car technologies. Many dealerships are investing in ongoing training and certification programs for their sales and service teams to meet this demand. They can tailor marketing campaigns, recommend relevant services, and foster long-term customer relationships by tracking browsing behavior, service history, and purchase patterns. Embracing Innovation in Service and Sustainability EVs, for example, require less routine maintenance but demand specialized knowledge in battery systems and software diagnostics. As a result, dealerships must update their service bays, invest in new diagnostic tools, and train technicians on high-voltage safety and electric drivetrains. Some are partnering with manufacturers or third-party providers to gain access to the latest training, tools, and technical support. Traditional dealership processes such as inventory management, repair scheduling, and paperwork can be time-consuming and error-prone. Companies like Gold Standard Automotive Network are helping dealerships adapt by integrating innovative repair and maintenance solutions tailored for electric vehicle technologies. Modern dealerships are solving these issues by implementing cloud-based dealer management systems (DMS) that centralize operations and automate repetitive tasks. With integrated software solutions, they can track inventory in real-time, manage customer appointments more efficiently, and reduce administrative overhead. Many dealerships align their operations with environmental goals by installing EV charging stations, transitioning to paperless workflows, and using energy-efficient lighting and building systems. The efforts reduce ecological impact and appeal to eco-conscious consumers who prioritize sustainability in their buying decisions. Nichirin specializes in high-performance automotive components, offering sustainable solutions for electric vehicle powertrains and ensuring optimal efficiency. ...Read more