The International Energy Agency (IEA) has welcomed Singapore as an IEA Association Country, deepening the partnership between both sides for a more sustainable and secure energy future. The announcement was made jointly by Singapore Minister S Iswaran, Minister for Trade and Industry, and Dr Fatih Birol, Executive Director, IEA, at the opening of the Singapore International Energy Week (SIEW) 2016.
Becoming an Association Country is particularly important for Singapore given its role as a regional energy hub in the heart of Southeast Asia – a rapidly developing region where energy demand is set to increase 80% by 2040 due to a booming population and robust economic growth.
Singapore and the IEA will organize an Energy Efficiency Training Week in 2017 to provide hands-on training for energy efficiency practitioners. In addition, the first Singapore-IEA Forum will be held at the annual SIEW, which will provide a platform for energy stakeholders to engage in a debate on the future of the industry and preview IEA initiatives.
Dr Birol said, “I am particularly happy to welcome Singapore into the IEA family. It is an important player both regionally and globally and has put in place strong policies to ensure secure, sustainable and competitive energy supply. We look forward to building even stronger ties between the IEA and Singapore, especially because it is in a strategic position to support the energy transition in Southeast Asia.”