Southeast Asia one of the most vulnerable regions to climate change: Eco-Business report
Southeast Asia is one of the most vulnerable regions in the world to climate change, with coastlines and densely populated low-lying areas that are increasingly threatened by rising sea levels, according to a study by Eco-Business. The new report on Asean’s energy landscape titled “Power Trip: Southeast Asia’s journey to a low carbon economy” found […]
Southeast Asia pins hopes on carbon capture to cut emissions
Southeast Asia’s climate fight was never going to be easy. As the region’s energy transition continues to lag and planet-cooking emissions skyrocket, governments are pinning their hopes on carbon capture, utilisation and storage (CCUS) technologies to help hit climate targets.
Southeast Asia to dominate global deepwater gas activity with $25bn spend
Southeast Asia will lead other regions in having the largest share of new deepwater gas and condensate developments taking a final investment decision (FID) between 2022 and 2025, research from Rystad Energy shows. Significantly, around $25 billion is expected to be spent on greenfield deepwater developments in the region from 2021-2025, up from $2 billion […]
Southeast Asia turning away from coal power
New coal power capacity has fallen sharply in the region as renewables become more competitive, finds report Wind and solar power plant, Ilocos Norte, Philippines (Source: Veejay Villafranca / Greenpeace) Countries in Southeast Asia are building fewer coal-fired plants than expected as lenders distance themselves from the polluting technology. A new report from Global Energy Monitor (GEM) […]
Southeast Asia Wind Sector Will Need Up To $14bn In Investments By 2030, Says Report
A new study released by Wood Mackenzie highlights that Southeast Asia requires $14 billion in investment by 2030 in order to expand its wind energy market.
Southeast Asia’s balancing act between its climate goals and other priorities
Carbon neutrality is a shared planetary destination, but Southeast Asian countries are laying out their own road maps — including what some may call detours of sorts — to getting there in the next three to four decades.
Southeast Asia’s renewables held back by policy inaction: IRENA
In Southeast Asia, though, barring some exceptions such as in Thailand, support for renewables has been smaller, and the region lags far behind others in renewable output despite its potential, especially for solar, geothermal and wind power. New Delhi: Southeast Asia is a potential hotspot for renewable energy, yet the region has not met expectations […]
Southeast Asia’s Clean Energy Challenge
While the region can’t give up on coal for now, there is a lot it can do to get clean. December 12 marks the third anniversary of the Paris Agreement, a compact intended to catalyze a global reduction in carbon emissions. Yet all the statistics suggest the problem is getting worse: the latest report from the International Energy […]
Southeast Asia’s electric car revolution
Driving attitudes across the region has changed dramatically with the introduction of electric vehicles into the personal mobility market. As more and more consumers become environmentally conscious, the demand for electric vehicles has seen an uptick. A report by Bloomberg New Energy Finance (BNEF) indicates that in 2040, 54 percent of cars sold will be […]
Southeast Asia’s hydropower boom grinds to a halt as COVID-19 stalls projects
Incomplete and prospective hydropower dam projects in Southeast Asia, particularly along the Mekong River and its tributaries, are at risk of major delays and shutdowns as the COVID-19 pandemic impacts major industries, energy markets and worker safety.