Energy demand

ASEAN’s Future Energy Landscape Post COVID-19

For the past two decades, ASEAN member states have achieved remarkable progress in the energy sector in terms of the acceleration of rural electrification access, rapid provision of large-scale national grid systems, successful mobilisation of indigenous resources, gradual adoption of new technologies and share of renewables into their respective energy mix. Further, ASEAN is also beginning to see cross-country electricity entry trade bilaterally and power exchanges that will promote

26 September 2020
0

ASEAN quickly turning to renewable energy hub

Technological innovations and favourable government policies are among the four trends expected to drive Southeast Asia’s transition to renewable energy in the coming years. A report published by global auditing firm KPMG titled ‘The Renewable Energy Transition’ noted that while there are still 70 million ASEAN citizens without access to reliable electricity, the potential for renewable energy is huge in those markets and governments are increasingly turning to solar and wind energy

2 January 2020
0

ASEAN’s renewable energy challenges

The Association of Southeast Asian Nations (ASEAN) has set an ambitious target of securing 23 percent of its primary energy from renewable sources by 2025 as energy demand in the region is expected to grow by 50 percent.

9 December 2019
0

Malaysia: ASEAN’s biggest solar employer

Looking for a job in renewable energy? Malaysia might be just the place for you.The International Renewable Energy Agency (IRENA) this week named Malaysia as the region’s biggest solar photovoltaics (PV) employer with a total of more than 54,300 people working in the industry last year – up from 40,300 in 2017.Malaysia are sixth globally in the list of top solar PV employers while the only other ASEAN country to make it into the top-10, Vietnam, is in ninth spot.

21 June 2019
0

Myanmar has an energy problem

Ever since Myanmar undertook a series of political, economic and administrative reforms in 2011, the country’s economy has steadily improved. According to data from the Asian Development Bank (ADB), Myanmar is enjoying some of the highest growth rates in the region.

30 April 2019
0

ASEAN fast becoming a renewable energy hub

Technological innovations and favourable government policies are among the four trends expected to drive Southeast Asia’s transition to renewable energy in the coming years. A report published by global auditing firm KPMG on Tuesday titled ‘The Renewable Energy Transition’ noted that while there are still 70 million ASEAN citizens without access to reliable electricity, the potential for renewable energy is huge in those markets and governments are increasingly turning to solar and w

31 March 2019
0

ASEAN’s insatiable demand for energy

As Southeast Asia becomes one of the fastest developing regions in the world, concerns over its energy security is fast growing. Southeast Asia has a combined population of over 600 million people and an economy worth nearly US$3 trillion. Furthermore, the World Economic Forum (WEF) forecasts that the region will become the fifth largest economy in the world by 2020.With the region developing rapidly, demand for energy is now higher than ever.

11 March 2019
0

Investing in Southeast Asia’s electricity

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.

17 February 2019
0

Electrifying Myanmar

Since sanctions by the United States (US) and European Union (EU) were lifted, Myanmar has enjoyed relatively strong economic growth. According to the Economist Intelligence Unit (EIU), Myanmar’s economy has grown at an average of 7.5 percent between 2012 and 2017.

4 January 2019
0

Can LNG fuel Myanmar’s energy demand?

Ever since Myanmar undertook a series of political, economic and administrative reforms in 2011, the country’s economy has steadily improved. According to data from the Asian Development Bank (ADB), Myanmar is enjoying some of the highest growth rates in the region.

23 December 2018
0

Thailand paves the way for renewables

Similar to many other growing Southeast Asian countries, Thailand is facing an increase in energy demand. According to the ASEAN Centre for Energy (ACE), energy demand in Southeast Asia in 2040 is expected to increase between 110- to 130 percent. Meanwhile, due to Thailand’s good economic performance and population growth, energy demand is forecasted to rise by almost 80 percent in the next 20 years. At the same time, Thailand is now facing a fossil fuels crisis.

30 October 2018
0