Southeast Asia’s energy demands are expected to increase by 60 percent in 2040 according to the International Energy Agency (IEA), with increasing electricity consumption driving up the demand for coal as well.
Since the Paris climate agreement was signed in 2015, too many policymakers have fallen for the oil and gas industry’s rhetoric about how it can help to reduce greenhouse-gas emissions.
The Association of Southeast Asian Nations (ASEAN) has answered the clarion call for the global shift towards renewable energy, in line with the pursuit of reducing greenhouse gas emissions and combatting global warming.
The gears of industry would not turn if not for power. In the modern world, we have come to depend on electric power generated from traditional fossil fuel resources like coal.
How the world uses energy is a hot topic for a warming planet, and fears of pollution and resource strain have produced a virtual arms race of energy-efficiency strategies.
Singapore plans to develop solar power and energy-storage technologies as the oil-trading hub of Asia pushes to generate more of its power from renewable sources.