The Beijing IAP meeting was attended by over 120 participants from Chinese and international energy companies, associations, international organisations and governments making this particular meeting the largest IAP session since the inception of the Panel in 2005.
The main theme of the event was:
“Promoting Energy Integration and Infrastructure Interconnection in Asia”
The participants discussed current challenges for energy security in China and Asia, namely: drivers and policy implications of new market design in China, improving access for foreign investors to China's energy sector, boosting foreign investment in China's renewable energy sector, managing low-carbon transition in Asia and financing large-scale energy infrastructure in Asia. The meeting also addressed China's overseas investments, China's emergence as a capital exporter as well as the role of the Energy Charter Treaty in China's multilateral policy and overseas investment.
Energy Charter Assistant Secretary General Dr. Masami Nakata pointed out that energy is a central aspect of China's multilateral policy and strategies, in order to ensure a secure and sustainable supply of external energy resources to the Chinese market and to its population. Dr. Nakata emphasized that the Energy Charter Treaty can become an important instrument for China's Belt and Road initiative as it will set a multilateral legal framework for energy investments and mitigate energy transit risks from China all the way to Europe, Middle East and Africa. Ms Wei Xiaowei, Director of the General Division at the International Department of the National Energy Administration, underlined the importance of the Energy Charter Process for China.
The IAP meeting was preceded by another milestone in deepening relations between the International Energy Charter and China, the signing ceremony of the Memorandum of Understanding (MoU) between the China Electricity Council and the Energy Charter Secretariat. By signing the MoU the parties officially launched the China Electricity Council - International Energy Charter Joint Research Centre in Beijing.
The Industry Advisory Panel is the expert consultative body to the Energy Charter Conference, providing policy advice from energy companies, international business associations and financial institutions on energy investment and the functioning of energy markets. The Panel includes members from all sectors of the energy industry and from a wide range of signatory and observer countries to the Energy Charter Treaty. Mr Xie Qiuye, President of China’s Electric Power Planning & Engineering Institute (EPPEI), is the Panel’s regional Chair for Asia.