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The Third International Forum on Energy Transitions (IFET) Held in Suzhou

 

Senior government officials, business leaders and key players in the global energy sector met today at the Third International Forum on Energy Transitions (IFET) in Suzhou, China. The international gathering, co-organized by the National Energy Administration of China, the International Renewable Energy Agency (IRENA), and the Jiangsu Provincial People’s Government of China, is an important platform for dialogue and collaborative action on how to transform energy systems towards a sustainable, low-carbon and resilient energy future.

 

Shu Yinbiao,the CEO of SGCC,delivered a specch entitled “Power Grid Revolution in Energy Transformation” at the forum,he pointed out that electricity is the central link of energy transformation, and the new round of energy transformation started in the 21st century is essentially a process of re-electrification. The continuous deepening of energy transformation has put forward tests on the functional role and operation mode of the power grid.Advancing the power grid revolution is a key step in promoting energy transformation. The future of the power grid, the function of the evolution towards the energy Internet, from the technical upgrade to the new generation of power systems.

 

In his keynote remarks, IRENA Director-General Adnan Z. Amin stressed the need to take the global energy transformation to the next level by strengthening innovation, mobilizing investments and modernizing gird infrastructure. Accelerating renewables deployment is essential to tackle challenges such as climate change, sustainable development and meeting growing energy demand. The Director-General underlined that the energy transformation offers us vast socio-economic benefits in terms of powering sustainable growth, creating jobs and creating local value-added.  

 

 

 

Shu Yinbiao met with the Director-General Adnan Z. Amin of IRENA, the two sides stated that they will continue to carry out ongoing joint research projects to further strengthen exchanges on key issues such as energy transformation related technologies, business models and power system operations.

 

The previous conferences in 2015 and 2016 adopted the Suzhou Declaration and Consensus, respectively, which called for higher levels of ambition and decisive action to accelerate the energy transition.  

IRENA also participated in the Belt and Road Energy Ministerial Conference taking place in Suzhou at the same time. Renewable energy has been identified as central to one of the initiative’s key pillars as a means to build a sustainable energy future.

 
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