Report on How Industry 4.0 Is Transforming ASEAN’s Energy Sector
The US-ASEAN Business Council, in conjunction with the ASEAN Centre for Energy, is soliciting sponsorship for a publication that will examine how Industry 4.0 is transforming ASEAN's energy sector. The changes brought about by the innovative technologies and processes that characterize Industry 4.0 will affect multiple sectors. In the energy sector, Industry 4.0 is most readily seen in the trend of digitalization and the implications this trend has for improving energy efficiency and the operations of energy assets, as well as the application of big data and analytics to provide deeper insight into patterns and trends.
The main goal is for the report to highlight the best practices and recommendations of our members companies that have had to adapt to digitalization in the energy sector. We also want the report to serve as a stepping stone to deeper engagement with the ASEAN Energy Ministers during the annual ASEAN Ministers on Energy Meeting (AMEM). Specifically, with the support of ACE, we aim to present the report at the 37th AMEM in September 2019. The report is also meant to feed into future projects examining how the digitalization trend can help ASEAN achieve the key goals of the ASEAN Plan of Action for Energy Cooperation (APAEC) 2016-2025.
The report will include:
- An overview of the trend of digitalization in ASEAN’s energy sector;
- Case-studies on how U.S. companies operating in ASEAN’s energy sector have successfully adapted to the digitalization trend;
- Recommendations for ASEAN Governments on what policies to implement to best position their energy markets for the digitalization trend.
For more information on the report and sponsorship opportunities, please contact Riley Smith at firstname.lastname@example.org.