Time: Saturday, March 8, 2008, 12:35 pm - 1:50 pm

Securing the Future of Energy in Asia

As the economies of Asian countries develop, their energy needs are growing at an unprecedented rate. For example, it is projected that by around 2010, China will surpass the U.S.to become the largest energy consumer in the world. Driven in large part by the effort to secure a future energy supply, Asian companies are playing an ever-increasing role in transforming the global energy marketplace as they expand their presence at home and around the world. The landscape that results will be sculpted by a complex interaction of factors, including economic growth, energy security, environmental sustainability and geopolitics. This panel brings together Asian energy experts to explore the most exciting aspects of the future of energy in Asia, such as:

With limited reserves, how will Asian countries meet their growing energy needs on a sustainable basis?

What will be the effects of deregulation and privatization on the energy sector?

What impact are current environmental concerns having on policymakers and in turn on the Asian business climate?

What are the opportunities and challenges for alternative energy and clean technology in Asia?

What are the key success factors for energy companies competing in Asia?

When Asian companies look for cross-boarder opportunities, what strategies and concerns should they consider?

Young Joon (“YJ”) Kim

Partner, Milbank

Young Joon (“YJ”) Kim is a partner in Milbank's Global Project Finance Group. His 25 years of practice include nearly 20 in Asia, first in Tokyo, where he was the firm's managing partner from 1997 to 2003, and now in Hong Kong. YJ's experience includes a variety of international corporate and financing transactions, including project finance, cross-border M&A, and acquisition finance transactions, with a particular emphasis on transactions involving energy, natural resources, petrochemical, aviation, telecommunication, and infrastructure projects involving China and Korea, and, to a lesser degree, the Philippines, Singapore, Thailand, and India. For instance, he recently represented lead lenders KEXIM, Woori Bank and HSBC in the US$180 million acquisition financing for KEPCO Shanxi International Limited for its acquisition of a significant minority stake in a sino-foreign joint venture holding interests in more than a dozen power plants and coal mines located throughout Shanxi, China, which is Korea Electric Power Corporation's biggest foreign investment to date. YJ Kim is a graduate of Yale University and obtained his J.D. from Harvard Law School. He is a member of the New York State Bar and has been a regular speaker at conferences sponsored by Euromoney, Asia Business Forum, Asian Wall Street Journal and others, on topics including project finance, private equity and M&A. He is listed in Chambers Global as a leading corporate lawyer and was voted by Euromoney International Legal Guide as one of the “Leading Banking/Corporate Lawyers of the World”.

Andy Klump

Vice President of Business Development for Trina Solar

Mr. Klump is the Vice President of Business Development for Trina Solar where he currently oversees the company's international expansion plans through strategic alliances, joint ventures, and merger and acquisition activity.  Together with the executive management team, he helped raise close to $350M in capital during the company's initial public and follow-on offerings on the New York Stock Exchange in December, 2006 and May, 2007, respectively.  Mr. Klump holds a BA in Economics from Northwestern University and an MBA from Harvard Business School.  Mr. Klump speaks Mandarin with business proficiency and resides in Shanghai, China with his wife. 

 

Tony Saich (Moderator)

Daewoo Professor of International Affairs, Faculty Chair of Asia Programs, and Director of the Harvard University Asia Center

Tony Saich is the Daewoo Professor of International Affairs, Faculty Chair of Asia Programs, and Director of the Harvard University Asia Center. From 1994 until July 1999, he was a representative for the China Office of the Ford Foundation. Before that he was Director of the Sinological Institute at Leiden University, the Netherlands. His teaching and research focus on the interplay between state and society in Asia and the respective roles they play in determining policymaking and framing socioeconomic development. Saich has written several books on developments in China, including Governance and Politics of China;China's Science Policy in the '80s; Revolutionary Discourse in Mao's China (with David E. Apter); and The Rise to Power of the Chinese Communist Party. He studied political science in the UK and has taught at universities in England, Holland, and the United States.

 

Edward J. Young

Associate Director, Cambridge Energy Research Associates

Edward J. Young, CERA Associate Director, is responsible for CERA's research and operations in Asia. He is an expert in China's energy markets, with specialties in market development and corporate strategy in China's oil, natural gas, and electric power sectors. Mr. Young works closely with CERA clients to provide analysis on the investment climate in China and advise Chinese and international clients on corporate strategy. He has contributed to the CERA Multiclient Study Dawn of a New Age: Global Energy Scenarios for Strategic Decision Making—The Energy Future to 2030 and is an author of the forthcoming study Feeding the Dragon: China's Energy Future.