Member states of the Association of Southeast Asian Nations (ASEAN) intend to reduce regional energy intensity 20 percent by 2020 and 30 percent by 2025 compared with 2005 levels.
Recently, the United Nation’s (UN) Intergovernmental Panel on Climate Change (IPCC) released a report which warns that the world could face an imminent climate change crisis if there are no efforts made to reverse it.
Southeast Asia’s electricity consumption has been rising at an annual rate of 7.5 percent from 155.3 terawatt hours (TWh) in 1990 to 821.1 TWh in 2013, according to a white paper by the ASEAN Centre for Energy in the Spring 2016 issue of Cornerstone Jou
An impressive period of sustained economic success has seen energy demand in Southeast Asia increase beyond twofold. These trends emerge against the backdrop of evolving global energy dynamics, in light of rapid urbanisation among ASEAN member states.
The harnessing of renewable energy is seen as an integral component within the development plans of countries across the globe.
In tandem with a renewable energy policy, energy efficiency will be key to building a reliable and sustainable energy system for the future of Southeast Asia.
Situated strategically in the heart of Asia, the Southeast Asia region boasts an abundant and diversified supply of fossil fuels and renewable energy.