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BACKGROUND

INTERNATIONAL NEW ENERGY SUMMIT - 2023

"ENERGY GOVERNANCE"

Our purpose

The twenty seventh conference of Conference of the Parties (COP 27) to the United Nations Framework Convention on Climate Change took place in Sharm El-Sheikh, Egypt between November 6 and November 18, 2022. In the conference, the participating countries discussed about mitigating the loss caused from the global warming and plan projects to adaptation and reducing waste. 

From the Mongolian side, the President of Mongolia U. Khurelsukh announced at COP 27 that the “National Adaptation Plan” commences that will decrease greenhouse gas emissions in 2050, leading to 0, and that Mongolia has recently joined Global Methane Pledge, paying attention to the methane gas emissions.

According to Mongolia long term plan Vision-2050, increasing renewable energy implementation is important to export energy to Northeast Asian market and improve the competitiveness of energy market.[1]

As the energy sector plays the most important role in the implementation of these goals, we need to support the safe, stable, diversified, modern, and independent Mongolian energy sector, improve new resources, and accelerate energy transition.

Currently, renewable energy accounts for 18.3% of total installed power capacity and 9.6% of total energy production, which is not enough to achieve the planned target.[2]

Especially, thermal power plants are overworking during the energy peak load, exporting energy which is leading to energy supply shortage.

So, we need to increase the renewable energy resources, because during the energy peak load, thermal power plants are overworking, importing energy from overseas, which is soon leading to energy supply shortage. In addition to old-fashioned energy governance and poor tariff regulation, law framework is not well enough to meet these goals.

Therefore, in order to achieve the set goals, government organizations and private sector organizations need to work together, so organizing the annual International Energy Conference under the theme "Energy Governance" will have a major impact on supporting cooperation in the energy sector. 


[1] “Vision 2050” Mongolian long-term goal

[2]  Statistics on Energy Performance 2022, Energy Regulatory Commission

 

Our goal

The goal of the International New Energy Conference 2023 is to accelerate the further development of Mongolia's energy sector, support reliable, safe, stable, independent, and environmentally friendly energy sources that introduce new technologies and accelerate energy transition, power management, creating smart energy use, and saving, educating people, and introducing new technical and technological innovations.

Furthermore, it will greatly support Mongolia in achieving its goals and reduce greenhouse gas emissions, which will be a major step in reducing greenhouse gas emissions from energy production in Northeast Asia.

 

Тopics featured

Policies and solutions

  • Energy transition
  • Energy governance
  • Energy market
  • Energy sector planning
  • Improve gender equality and social inclusion in the energy sector
  • Energy efficiency and demand side management to shift peak
  • Energy sector human capacity and energy transition readiness (green jobs, new skills)
  • Energy cooperation in the Northeast Asian region: Asian Super Grid
  • Opportunities to phase out the use of fossil fuels in urban areas
  • Air pollution and health
  • The role of the energy transition in Northeast Asia in mitigating global warming

Technologies

  • High-capacity battery storage
  • Hydroelectric power station
  • Hydrogen fuel and coal bed methane (CBM),
  • Opportunities for building geothermal power plant
  • Modernization and digitization of transmission and distribution networks
  • Regions without greenhouse gas emissions (microgrids)
  • Artificial intelligence development in energy sector
  • Prospects and development trends of solar and wind power plants in the region
  • Heat supply solution without greenhouse gas emission
  • Solutions to increase the participation of renewable energy in transmission and distribution networks

New markets and investments

  • Financing mechanisms for energy without greenhouse gas emissions
  • Carbon credits
  • Modern energy sector investment policy and changes, updates
  • Tariff solutions: Differences, advantages and disadvantages of project selection and feed-in tariffs
  • Current status, prospects, strengths, weaknesses and challenges and solutions for the electric and hydrogen transportation industry
  • Energy storage solutions and investment opportunities

Participants

The conference is attended by over six hundred international and high-level local guests representing the following organizations:

Local

  • Office of the President of Mongolia
  • Ministry of Energy, related agencies
  • Energy Regulatory Commission
  • Ministry of Environment and Tourism, related agencies
  • Capital City and Provincial Governor's Offices
  • Embassies
  • International organizations
  • Foreign and domestic commercial banks
  • Energy project developers and power producers
  • Universities and research institutions
  • Professional non-governmental organizations

International

  • International organizations
  • International banks
  • Energy project developers and producers
  • Universities and research institutions
  • International organizations (IRENA, GWEC, IEA, REN21)
  • Project developers and investors
  • Equipment manufacturers
  • Stakeholders in the Northeast Asian Electricity Cooperation Initiative (GEIDCO, KEPCO, Soft Bank etc…)
  • Scientists and researchers

Venue

Mongolia, Ulaanbaatar, Corporate Convention Hotel

Date

September 28-29th, 2023

Languages

Mongolian, English