Energy Asia by PETRONAS and Knowledge Partner, CERAWeek by S&P Global has concluded with a resounding call for urgent, inclusive and actionable delivery of the energy transition. Over the course of three days, the conference convened more than 4,000 attendees across 60 countries and 38 industries, including policymakers, financiers, technologists and energy professionals.
Leaders from governments and business also acknowledged that while the region has made considerable progress in setting targets and forging partnerships, the focus must now shift decisively toward delivery at speed and scale.
Against the backdrop of intensifying global challenges, leaders reaffirmed that Asia plays a major role in the energy transition. The region’s rising energy demand, economic growth and development needs make it both indispensable and distinct as such, transition strategies must be regionally grounded, prioritising energy access, affordability, and socioeconomic progress.
Notwithstanding, transitions in the developing world and emerging economies must be rooted on access and affordability and cannot come at the expense of energy security and sustainability.
Officiated by the Honourable Dato’ Seri Anwar Ibrahim, Prime Minister of Malaysia, the conference centred on the theme ‘Delivering Asia’s Energy Transition’. Through more than 50 strategic dialogues, Energy Asia fostered pragmatic, multi-stakeholder collaboration with a shared sense of urgency.
Speaking at the Closing Ceremony, PETRONAS President & Group CEO and Energy Asia Chairman, Tan Sri Tengku Muhammad Taufik said: “The objective of Energy Asia 2025 is to address the realities of the energy transition within the context of this region. The perspectives aired over the past three days have successfully highlighted the existing and emerging challenges faced and underscored the imperative to build a resilient energy system. Asia stands firm in our pragmatic and collaborative approach in shaping a just and equitable energy future for more than half of the global population. Beyond the thought leadership that was front and centre at the conference, Energy Asia 2025 also witnessed the formation of numerous new initiatives and partnerships, that are positioned to deliver real outcomes for the region.”
A landmark feature of this year’s conference was the inaugural Energy Asia Global Leadership Executive Forum, a closed-door gathering of over 30 global CEOs and C-suite leaders from energy, finance, technology, and professional services.
This high-level dialogue produced alignment on four critical areas of action: Sharing of best practices to build resilient energy systems, enhancing project bankability to unlock capital flows and investor confidence, reducing emissions while delivering social impact and accelerating innovation and adoption of decarbonisation technologies.
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