Southeast Asia is a growing region with countries here averaging growth rates of 5.1 percent. This situation has rightly prompted a rise in energy demand within the region. Between 2000 and 2016, economic growth in the region spurred a 70 percent increase in primary energy demand.
Southeast Asia is a growing region with countries here averaging growth rates of 5.1 percent. This situation has rightly prompted a rise in energy demand within the region. Between 2000 and 2016, economic growth in the region spurred a 70 percent increase in primary energy demand.
The current period of sustained economic growth in Southeast Asia is expected to continue into the foreseeable future. Analysts are projecting the cumulative growth of economies in the Association of Southeast Asian Nations (ASEAN) to be upwards of 5.1 percent for this year. This situation has rightly prompted a rise in energy demand within the region.
Southeast Asia has been touted as one of the most dynamic regions which is projected to enjoy increased development and high economic growth rates in the coming years. To keep the cogs of industry turning within the region, there must be adequate supply of electricity.Electricity demand in member states of the Association of Southeast Asian Nations (ASEAN) is expected to grow between 5 to 6 percent yearly from 2016-2020.
