The Growing Economies Energy Forum will host open discussions between the Governments and private sector from the most exciting and anticipated new energy markets in the world – Iran, Pakistan, Myanmar, and Pacific Alliance (Peru, Chile, Colombia, Mexico). As these growing economies open up for international investment following exciting political and economic developments, each are starting a new exciting era in their energy markets that the industry’s big players can’t ignore.
The Growing Economies Energy Forum will be held alongside the global and widely respected in the industry annual meeting, Africa Energy Forum. This investment meeting established itself as the international marketplace where governments and power utilities unite with the global players in the energy industry to focus on delivering power infrastructure projects across Africa and also outside its borders.
Many of the private sector participants specialise in investing and developing power and infrastructure projects in developing and growing economies around the globe.
Iran – Following the recent nuclear deal, a new era of economic and social development in Iran is set to start, bringing huge opportunities for investors to engage with one of the world’s biggest energy superpowers. The development of Iran’s electricity sector will be paramount to achieve this growth. While energy demands are growing at 6 per cent a year, growth in capacity is limited to a third of that. The country needs to invest $7-8 billion a year in its power generation and distribution sector only to keep pace with its growing demands.
Pakistan – Pakistan faces a significant challenge to revamp its electricity network and increase power capacity. The country’s development agenda, Vision 2025, calls for a doubling of Pakistan’s power generation, to provide “uninterrupted and affordable electricity”, and to increase electricity access from 67% to more than 90% of Pakistan’s population.
Myanmar – The Myanmar National Electrification Plan aims to achieve 100% electrification by 2030. A developing economy in the heart of the world’s fastest growing region, Myanmar offers highly promising prospects for businesses and investors.
Pacific Alliance – The Pacific Alliance is the most exciting economic group to emerge from Latin America. It is one of the first regional attempts to create a larger internal market while also building a gateway to Asian markets. The Alliance has affordable renewable energy sources, including hydro power, which is a major source of electricity in the country members. In addition, potential exists for other renewable energy, in particular solar and wind.
Peru – With a 7% annual growth rate in energy demand, Peru needs to double its installed capacity over the next ten years to meet its needs. In order to enable this growth, the country plans to source 60% of electricity from renewables and to add 2,000MW annually to the power capacity. Power project investments have already reached more than $700m and another US$10.4 billion of investments in new power generation is expected by 2020.
Chile – Power demand in Chile is expected to grow between 6% and 7% per annum through 2020. To meet growing demand, Chile will need to add over 8 GW of new generation. The government is actively encouraging the integration of renewables to support this growth and foreign investment in this sector. By 2025, Chile seeks to nearly triple the share of non-hydroelectric renewable generation in the energy mix, from 9.15 to 25%.
Colombia – Colombia’s demand for electricity is steadily growing at an annual rate of 5.3%. The 2013- 2027 electricity strategy of UPME is designed to boost the power sector capacity and encourage private investments in the energy sector in order to satisfy this increasing demand. According to the government, Colombia’s overall power generation during the period will increase by an annual average of 3.4% to 76.0 TWh with an average annual growth of 3.6% in hydroelectric power, 2.9% in coal power and 2.7% in gas-fired power.
Mexico – Mexico’s annual average growth of electricity demand for the next 10 years will be greater than 3.5%, which represents a requirement of incorporating about 38.000 MW of new capacity by year 2024. The recently approved new electric industry law allows the private sector to participate freely in the generation and sale of electricity, a historical change that is expected to attract over US$75 billion of investment in renewable and thermal power generation.
Take advantage of EnergyNet’s 23 years’ of experience The ‘Growing Economies Energy Forum’ will be co-located with the 18th edition of the ‘Africa Energy Forum’, the world’s largest global conference for Africa’s power energy and infrastructure sectors. The combined meetings will bring together 2,000+ credible investors and developers from 82 countries that specialise in growing and emerging markets.
Join targeted country-focus sessions Information will be presented on government’s incentives and strategies to develop their respective power sectors. Get the market intelligence you need in one place and understand where the commercial opportunities are.
Build your momentum Network in an exclusive pro-investment environment with our selected audience of government decision makers and bankable investors.
Whether you’re buying or selling The joint GEEF and AEF exhibition is the hub of the combined Forums, bringing together over 100 credible solution providers operating in the world¹s growing economies. The ideal platform to showcase your company and continue the dialogue started in the high level panel discussions.
Make it happen To originate your next power projects, make sure you are in the room with senior public sector stakeholders from targeted markets looking to secure investment in their energy sectors.
For the last 23 years EnergyNet has worked in Europe, the USA, China, and across the African continent to facilitate investment summits where international investors can build relationships with credible stakeholders.