It is one of the fastest growing and dynamic regions in the world. A global trade hub and a strong example of the benefits of regional cooperation, Southeast Asia promises to emerge as one the most successful economic development stories of the 21st century. To fulfill its full potential however, the region should turn decisively to […]

LONDON: Climate change will put three times more people at risk of coastal flooding by 2050 than previously thought, according to a study published on Tuesday (Oct 29), with swathes of Asia and cities in North America and Europe all vulnerable to rising seas. The research by Climate Central, a US-based non-profit climate science and […]

There’s just no stopping coal in Southeast Asia. Surging investments in wind and solar energy won’t be enough to shake the fuel’s dominance in the region for decades to come, according to the International Energy Agency. Coal demand is expected to double to almost 400 million tons a year by 2040, the agency said in […]

SINGAPORE: Southeast Asia could become a net importer of fossil fuels in the next few years, raising the financial burden on governments and increasing carbon emissions in the region, the International Energy Agency (IEA) warned in a report. This comes despite expectations of slower growth in the region’s energy demand as economies shift towards less energy-intensive […]

It is one of the fastest growing and dynamic regions in the world. A global trade hub and a strong example of the benefits of regional cooperation, Southeast Asia promises to emerge as one the most successful economic development stories of the 21st century. To fulfill its full potential however, the region should turn decisively to […]

Universal electricity access is a key pillar of ASEAN’s development goals. The regional bloc has committed to providing every citizen with an electricity supply by the early 2030s. To achieve this end, the region will need to increase its power capabilities by some 60% by 2040. To quench the thirst for power, Wood Mackenzie, an energy research company, estimated […]

US-based climate group Global Energy Monitor reported that 1.5 gigawatts (GW) of new coal generation began in Asean in the first half of 2019, all of which was in Indonesia. Across Asean, 53.4GW of capacity is listed as at pre-construction stage but 69.6GW has been cancelled since 2015. Construction started on power stations with a capacity of […]

Southeast Asia is the only region in the world where coal has a growing share in the energy mix. But according to new data from San Francisco-based non-governmental organisation Global Energy Monitor (GEM) the signs are that the coal industry is on the wane, even here. In the first six months of this year, only Indonesia, the […]

Two Southeast Asian business conglomerates have teamed up to invest at least US$30 million in renewable energy projects in Myanmar, which has one the region’s lowest rates of access to grid electricity. Myanmar-focused Yoma Strategic Holdings, which is listed on the Singapore stock exchange, will form a 50:50 joint venture with AC Energy, the energy […]

The Asian Development Bank has signed an agreement with Singapore’s Infrastructure Asia to mobilise the much-needed funding for sustainable infrastructure across Southeast Asia. The two will help governments in the region to develop sustainable finance models as well as identify and develop bankable infrastructure projects. ADB and Infrastructure Asia will target state-owned enterprises and regional […]