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By NST Business

KUALA LUMPUR: More than 200 experts, leaders and futurists of the power industry from East Asia and Western Pacific are in Penang to deliberate on megatrends or big shifts on electricity supply industry.

Tenaga Nasional Bhd (TNB), in a statement released today, said the gatehring was since Sunday for a three-day AESIEAP CEO Conference, held biannually for member utilities to leverage on as a platform to forge stronger ties and discuss substantial issues and challenges.

AESIEAP or Association of the Electricity Supply Industry of East Asia and Western Pacific was founded in 1975 to allow members to foster cooperation and exchange expertise and technology.

President of AESIEAP 2017-2018, Datuk Seri Azman Mohd in his welcome speech said utilities are compelled to undergo transformation as the the electricity supply industry (ESI) becomes more competitive.

Utilities, he said are shifting towards a sustainable, innovative and smarter future to take advantage of the growth in this region and to face the challenges from higher stakeholder expectations, disruptive technology and changing customers’ needs.

Azman said if AESIEAP’s members can collaborate and commit towards innovations, smart technology and energy sustainability, they can make an impact in the ESI globally.

“I believe, with your valuable support and commitment, we can materialise the aspirations into action plans which can positively impact the power industry of each member country.

“Let us use the AESIEAP platform to exchange knowledge and information, and tap into each other’s experience and best practices that will benefit member countrries and eventually the AESIEAP fraternity,” he added.

The last time TNB hosted the AESIEAP CEO Conference was in Kuala Lumpur in 1995.

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