Southeast Asia’s modern-day plague
Southeast Asia is known for its vast rainforests which constitute about almost 20 percent of forest cover with the richest biodiversity in the world. What the region is also known for is its alarming rate of deforestation. Southeast Asia has the highest rate of deforestation of any major tropical region followed by Latin America and Africa. […]
Southeast Asia’s oil and gas output at lowest level since 1998
The Covid-19 pandemic has marked the end of an era for Southeast Asia’s combined oil and gas production, pushing the region’s output in 2021 to below 5 million barrels of oil equivalent per day (boepd) for the first time since 1998. Significantly, this threshold is not likely to be exceeded again in the future, despite […]
Southeast Asia’s renewable energy transition likely to take hit from COVID-19: Experts
Regional aspirations for a swift transition from fossil fuel to renewable energy are likely to be dashed by the economic and market crises triggered by the global COVID-19 outbreak, experts say.
Southeast Asia’s wind power in need of investment
Southeast Asia’s wind power sector requires at least US$14 billion of investments by 2030, says Wood Mackenzie. This is to support the 8.9 GW of new wind power capacity that Wood Mackenzie expects to be added between 2020 and 2029.
Southeast Asian coal demand to grow at fastest rate in world
TOKYO — Southeast Asian coal demand is forecast to rise 5% yearly through 2023 for the fastest growth rate worldwide, an International Energy Agency […]
Southeast Asian conglomerates to pump US$30 million into renewable projects in Myanmar
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 […]
Southeast Asian nations face growing energy security challenges
Southeast Asia’s reliance on fossil fuels to meet rising demand for energy is a significant vulnerability in the energy crisis. Meeting energy security and emissions goals will require countries in the region to make major efforts to improve efficiency, accelerate renewable power generation and switch to low emissions fuels, said the International Energy Agency.
Southeast Asian nations need to accelerate their clean energy transitions
Southeast Asia’s reliance on fossil fuels to meet rising demand for energy is proving to be a significant vulnerability in today’s energy crisis. Meeting energy security and emissions goals will require countries in the region to make major efforts to improve energy efficiency, accelerate renewable power generation and switch to low emissions fuels, according to […]
Southeast Asian Producers Want To Tie Their Future to Region’s Growing Energy Demand
Southeast Asian operators sit in the middle of the world’s fastest growing economic region where energy demand is expected to double over the next 20 years. But this picture of growth has been juxtaposed with the region’s declining oil and gas production—most of which comes from offshore fields—that has left it increasingly reliant on imports […]
Southeast Asian solar markets emerging from the back of the pack
Southeast Asia could well become the global engine room of renewable energy expansion. Population and economic growth is expected across the three decades in which the world has to decarbonise, but the brimming bounty of renewables deployment will force developers to navigate the region’s systems. As it turns out, that could be a treacherous task.