Kuala Lumpur, 16 December 2024 – PETRONAS today introduced the Energy Asia Awards as part of Energy Asia 2025, an initiative to recognise outstanding achievements and leadership in advancing a just energy transition.

In line with the Conference theme, ‘Delivering Asia’s Energy Transition’, the awards seek to showcase innovators and companies delivering impactful solutions to address the region’s growing energy demand, reduce CO₂ emissions as well as promote systemic changes towards sustainability while prioritising people and communities at the core of the energy transition.

These awards have been designed to complement Energy Asia’s comprehensive agenda of constructive dialogues between global leaders and business executives on how Asia can achieve a sustainable future that tackles emissions while preserving its ability to pursue economic growth and social progress.

PETRONAS Senior General Manager, Energy Asia & Strategy, Planning and Governance, Group Strategic Relations and Communications, Datin Arni Laily Anwarrudin, commented: “The world of energy is interconnected and no single industry can address the energy transition alone. It is a monumental task that demands collective effort and collaboration from all stakeholders”.

She added, “As such we are pleased to introduce the Energy Asia Awards, designed to recognise and celebrate individuals, organisations and initiatives leading the charge in shaping a cleaner, sustainable future – serving as an inspiration for others to follow.”

Winners will be announced during the Conference Reception and also given the opportunity to participate in the Conference programmes.

The awards will honour excellence across two themes:

Eureka Award honors innovative projects that addresses the environmental challenges in the Asian energy landscape. These include solutions related to; decarbonisation, including but not limited to emission reduction project for fossil fuel  facilities and processes, as well as clean energy solutions, and resource efficiency, mainly related to water and energy consumption. Entries shall demonstrate:

• Innovation: The solution should be innovative and offer a new approach to solving an environmental challenge and what gap it addresses. The solution may lead to decisive action and drive change to meet climate targets.
• Impact: Should demonstrate measurable evidence of the project’s impact on both the business and environmental goals. E.g. emissions reduction, energy savings, cost savings etc.
• Scalability/Replicability: Potential for the project to be scaled or replicated in other contexts, markets, or regions.
• Sustainability: The solution should be sustainable in the long term, both environmentally and economically.
• Entries will be considered over a 2-to-5-year timescale, but activity during 2023-2024 must be demonstrated. (The project or initiative must be within the range of ‘pilot stage’ to ‘commercialization and ready to be scaled or execution stage.’)

Trailblazer Award honors social impact projects that advance the energy transition in Asia. It recognises projects that support socio-economic development in either of these three areas; education, environment, and energy security, affordability and accessibility. Entries shall demonstrate:

• Innovation: Unique and creative approaches to solving social challenges related to energy transition.
• Impact: How the project addresses social inequalities and empowers marginalised or vulnerable groups in all aspects of the energy sector.
• Scalability/Replicability : Potential for the project to be replicated to other contexts, markets, or regions.
• Sustainability: The project should show long-term sustainable benefits and value for both local communities and the entity itself.
• Entries will be considered over a 2-to-5-year timescale, but activity during 2023-2024 must be demonstrated.

Key dates: 

6 January 2025: Energy Asia Awards Submissions open (video and whitepaper) 

31 March 2025: Energy Asia Awards Submissions close 

15 May 2025: Finalists announcement 

15 June 2025: In-person Finalists pitch 

16 June 2025: In-person Energy Asia Awards Ceremony

Further details will be made available on officialenergyasia.com on 6 January 2025