JavaScript is disabled in your web browser or browser is too old to support JavaScript. Today almost all web pages contain JavaScript, a scripting programming language that runs on visitor's web browser. It makes web pages functional for specific purposes and if disabled for some reason, the content or the functionality of the web page can be limited or unavailable.

Thursday, May 29, 2025

T&T Energy Conference revenue: A proxy for investor confidence

by

91 days ago
20250227
2015 to 2025

2015 to 2025

The an­nu­al Trinidad & To­ba­go En­er­gy Con­fer­ence is the biggest and best at­tend­ed en­er­gy sec­tor event held lo­cal­ly.

Com­pa­nies and in­di­vid­u­als from T&T and around the world in­vest in the event to share in­for­ma­tion, seek in­sights, net­work, pro­mote their busi­ness­es and in­flu­ence the en­er­gy sec­tor ad­vo­ca­cy agen­da.

The lev­el of par­tic­i­pa­tion in the con­fer­ence is a good in­di­ca­tor of stake­hold­ers’ in­ter­est in T&T as a place to in­vest and to do busi­ness.

The con­fer­ence, which was first held al­most 40 years ago, is or­gan­ised by the En­er­gy Cham­ber of Trinidad & To­ba­go.

Com­pa­nies and in­di­vid­u­als pur­chase del­e­gate pass­es to at­tend the con­fer­ence ses­sions, trade show ex­hi­bi­tion spaces, and var­i­ous spon­sor­ship pack­ages from the En­er­gy Cham­ber for the event.

The rev­enue col­lect­ed by the En­er­gy Cham­ber rep­re­sents a por­tion of the to­tal in­vest­ment in the con­fer­ence, as com­pa­nies will al­so pur­chase air­line tick­ets, ho­tel rooms and ser­vices from many dif­fer­ent ven­dors to sup­port their par­tic­i­pa­tion.

Nev­er­the­less, the to­tal rev­enue re­ceived by the En­er­gy Cham­ber re­lat­ed to the event is a good proxy of com­pa­nies’ and in­di­vid­u­als’ in­ter­est in the T&T en­er­gy sec­tor.

Rev­enue for the con­fer­ence had hit a pre­vi­ous peak in 2015 and then dropped dur­ing the pe­ri­od of low com­mod­i­ty prices. It in­creased steadi­ly un­til 2020, when the con­fer­ence took place just be­fore the glob­al COVID-19 pan­dem­ic shut­downs.

Rev­enue dropped dra­mat­i­cal­ly in 2021 when the en­tire event was vir­tu­al and on­ly par­tial­ly re­cov­ered in 2022, when many del­e­gates were still un­cer­tain about in-per­son events. It has since re­cov­ered to pre-pan­dem­ic lev­els.

The 2025 edi­tion of the T&T En­er­gy Con­fer­ence was the most suc­cess­ful ever, with to­tal rev­enue sur­pass­ing the pre­vi­ous record year of 2020.

Ex­hi­bi­tion spaces at the tradeshow sold-out ear­ly and de­mand for in-per­son del­e­gate seats out­stripped sup­ply, with peo­ple un­for­tu­nate­ly hav­ing to be turned away. This in­di­cates an in­creased lev­el of con­fi­dence in, and op­ti­mism about, the fu­ture of the T&T’s en­er­gy sec­tor from in­vestors and oth­er busi­ness­es.


Related articles

Sponsored

Weather

PORT OF SPAIN WEATHER

Sponsored