Southeast Asia

Southeast Asia's renewables push requires more capacity to challenge coal reliance effectively,” experts said. 

The country will first focus on regional partnerships, the Ministry of Trade and Industry said. 

The region was once projected to be the world’s fastest-growing LNG market. 

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

Coal dominated the region’s power generation.

This is in pursuit of Skye’s 300Mwp rooftop solar installation target. 

Their energy intensity is higher than the world average, according to IEA.

The market is poised to be a key electricity exporter in Southeast Asia.

A total of 56GW is either in pre-construction or construction stages.

Wärtsilä talks about how renewables combined with flexible balancing technologies will enable net-zero power systems in the region.

Solar and wind power are not reliable enough to meet Southeast Asia’s issue on power demand, Enlit Asia’s invitees said.

This comes amidst the development the Laos-Thailand-Malaysia-Singapore Power Integration Project.

This will enable the company to enter the Southeast Asian markets.

By 2030, the region needs $150b in investments to install 240GW more RE capacity.

It is unlikely that the carbon price in the region could reach $40 per tonne of carbon dioxide.

For mission-critical power users, there is real pressure to reduce emissions from their diesel generators, while still making sure there is no reduction in reliability. The picture is different across Southeast Asia, with some governments legislating quicker than others and the adoption of alternatives likely to differ from region to region.