In Focus

Renewables are expected to account for 67.5% to 71.5% of the total electricity by 2050.

This will support the country’s goal to cut emission intensity.

The region’s capacity growth will be largely driven by China.

The country wants to increase its renewable energy capacity to 40%, IEEFA said. 

The region has the world’s largest growing electricity demand, Fitch Solutions said.

Clean energy investments reached $4.2b.

The module manufacturing capacity more than doubled to 38GW in March 2023.

IEEFA argues the economic case for CCS in fossil-fired power plants is weak. 

The additions could be raised to 550MW if barriers are addressed.

Energy transition technologies investments also reached a record $1.3t.

The share of renewables is at 20%.

This Malaysia-based firm aims to accelerate Cambodia’s transition to cleaner energy sources.

By implementing this strategy, the company can mitigate the risk of incurring a $5m loss from drilling a single well.

As of 2023, there are 422 operable nuclear power reactors in the world, but none from SEA.

But amendments to energy laws are needed, DOST-PNRI Director Carlo Arcilla said.

The ETM transaction will enable the early retirement of the South Luzon Thermal Energy Corp. Power Plant.