PETRONAS: Energy demand to rise in Asia-Pacific region amid AI-led industrial shift
Petroliam Nasional Bhd (PETRONAS) president and group chief executive officer (CEO) Tan Sri Tengku Muhammad Taufik Tengku Aziz speaking at Energy Asia 2025
KUALA LUMPUR: Energy demand in ASEAN and the Asia-Pacific region is expected to rise in the coming years, driven by the adoption of artificial intelligence (AI) under the Fifth Industrial Revolution, said Petroliam Nasional Bhd (PETRONAS).
The growth in energy demand will also be fuelled by the perpetual hunger for growth, rightful justifiable pursuit of economic development, rapid urbanisation, growing middle income and the demographic within ASEAN and the Asia Pacific, PETRONAS president/group chief executive officer Tan Sri Tengku Muhammad Taufik Tengku Aziz said during the closing ceremony of Energy Asia 2025 conference here today.
Tengku Muhammad Taufik said strong collaborations and purpose-driven partnerships are essential to navigating the evolving energy landscape.
He added that both AI and energy are equally important to improve the energy ecosystem.
"Looking at the energy ecosystem, it is indeed a more difficult prospect but probably even more facilitated because of AI. But, we believe AI will greatly and exponentially change energy systems once they are up and running," he added.
Meanwhile, a total of 14 memoranda of understanding (MoUs) were signed during the three-day conference, which also featured seven roundtables and 11 launches, and welcomed 13,765 visitors.
The Energy Asia 2025 conference, themed Delivering Asia's Energy Transition, attracted over 4,092 delegates. The biennial event will return as Energy Asia 2027, scheduled for June 2 to 7, 2027. - Bernama
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