Southeast Asia
SEA to account for 25% of global energy demand growth by 2035
It is driven by rapid economic growth and population increase.
SEA to account for 25% of global energy demand growth by 2035
It is driven by rapid economic growth and population increase.
Closure of ASEAN’s newer coal plants by 2040 doable
Adding new coal plants and retrofitting existing ones are a larger risk to the transition.
Singapore doubles RE import capacity under LTMS-PIP
Keppel’s importer licence was also extended to support this move.
Carbon Capture and Storage: The bold path forward for ASEAN
Fossil fuels make up 83% of ASEAN energy mix. With energy needs expected to triple by 2050 compared to 2020 levels, the urgency for a low-carbon transition is clear. Nine ASEAN countries have committed to reaching net zero or carbon neutrality by mid-century.
Levanta Renewables acquires six solar projects in SEA
These are in Malaysia, Indonesia, and Thailand.
Exploring carbon pricing revenue recycling for securing raw materials of biomass co-firing in ASEAN
Without any mitigation measures, the energy demand of ASEAN in 2050 is projected to increase by triple the 2020 value due to the population and economic growth of the region. Coal is projected to account for the significant shares for approximately 43% and 22% of the total ASEAN’s electricity generation and primary energy supply in 2050, respectively.
ASEAN can better utilise RE through third-party-access principle
Vietnam recently allowed large consumers to directly procure from clean energy producers.
State firms dominate Southeast Asia’s pumped hydro development
Indonesia’s Perusahaan Listrik Negara is the region’s top developer.
Southeast Asia’s pumped hydro capacity to reach 18 GW by 2033
The sector’s investment will reach between $12b to $70b.
Southeast Asia's gas-fired capacity set to double: report
However, GEM said the region’s growing demand could be met by renewable energy.
ASEAN could save $800b in decarbonisation costs with regional cooperation
This could happen in a scenario where sharing of resources is “unconstrained.”
New Zealand pledges $25m to support ADB's Energy Transition Mechanism
This will boost Southeast Asia’s clean energy shift.
ASEAN energy demand to grow by 21% in 2024
Fossil fuel will still account for the largest share in energy consumption.
ASEAN nears 35% regional renewable energy target
This is despite the slight decline of renewables’ share in the total capacity in 2022.
NEFIN Group works double time to catch up on projects
CEO Glenn Lim explains how a delay turned out good as the company aims to reach 667 MW of capacity by 2026.
Floating solar plays vital role in SEA’s energy transition
The region has around 500 MW of FPV projects in operation.
How Southeast Asia can unlock its biogas potential
The region only has around one gigawatt of capacity with Thailand, Indonesia and Malaysia leading in terms of production.
Commentary
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