Indonesia is the largest energy consumer among all ASEAN member states, and with over 260 million people, energy demand in the archipelagic country is growing rapidly and is expected to rise by nearly four gigawatts (GW) to 66.6 GW this year. Although dependence on fossil fuels has increased in recent years, Indonesia has started adding more renewable energy to its energy mix.
With a rapidly growing economy, Vietnam is facing an increase in energy demand which is forecasted to grow 10 percent annually. The Vietnam Energy Outlook Report 2017 released by the Vietnamese government in collaboration with the Danish Energy Agency states that electricity demand is expected to grow eight percent annually until 2035.
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.
Thailand is the latest country in Southeast Asia to recognise the untapped potential of floating solar technology after the state-run Electricity Generating Authority of Thailand (EGAT) announced five pilot projects last month.
Member states of the Association of Southeast Asian Nations (ASEAN) bear minimal historical responsibility for global carbon emissions but are equally suffering the impact of climate change as its effects on the world become more apparent.
Hydropower in Southeast Asia holds much promise. According to the International Renewable Energy Agency (IRENA), hydropower capacity in the region grew almost threefold from 16 GW to 44 GW between 2000 and 2016.
Today, sustainable or renewable energy development is the talk of the town given current global circumstances. Global warming and climate change are already threatening our environment and the world is racing to mitigate these problems.
The International Renewable Energy Agency (IRENA) and the Association of Southeast Asian Nations (ASEAN) have forged a new partnership which aims to scale up renewable energy deployment in the region and advance the transition towards an energy sustaina
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.