Asean’s Power Landscape Expected to Transform in 2019
Jakarta. Member states of the Association of Southeast Asian Nations are on a path to transform their power landscapes as energy demand continues to rise to match the region’s economic growth potential, a power management company said this week. “In the pursuit of a robust digital economy, Asean is heralding in an era of unprecedented […]
Decoding the future of blockchain for ASEAN in 2019
2019 will mark the tenth anniversary of the first deployment of blockchain technology. It was in 2009 that the still elusive Satoshi Nakamoto released the first version of bitcoin. Since then, the concept of blockchain was inseparably linked with the world of cryptocurrencies. But the burst of the Bitcoin bubble seems to have resulted in […]
It’s decision time for Southeast Asia as power demand soars
Southeast Asia’s energy demand is expected to grow by two-thirds by 2040, requiring massive investment in new energy generation and transmission. Installed capacity will double from 240 gigawatts to 565 gigawatts, which amounts to adding a bit more than Japan’s total electricity capacity. To meet their growing needs, countries have to make pivotal choices. They […]
Southeast Asia ‘smart cities’ redesign roads and grids with Japan
TOKYO — Japan will help build “smart cities” across Southeast Asia, using artificial intelligence and networked devices to tackle problems like road congestion and energy conservation. […]
Realising smart cities in Asean
Asean’s rapid urbanisation has implications for important issues such as strained infrastructure, rising inequalities, and public safety and security. However, if Asean makes full use of technology by bringing its smart cities together, a vision of sustainable and liveable cities across the region will become achievable, writes Phidel Vineles. Asean’s demographic and economic growth has […]
In Asia, bonds are finding it’s easier being green
JAKARTA – Just a few years ago, when Mr Clifford Lee, head of fixed income at DBS, sounded out potential clients about their appetite for green bonds – debt sold specifically for sustainable purposes like building a wind farm – conversations were short and tended to end with “no”. That’s because green bonds were no […]
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 […]
Making the region’s buildings energy efficient
Member states of the Association of Southeast Asian Nations (ASEAN) intend to reduce regional energy intensity 20 percent by 2020 and 30 percent by 2025 compared with 2005 levels. According to the ASEAN Centre for Energy (ACE), the region is on track to reach its goals as energy intensity levels have seen a downward trajectory […]
Calls to cool down on coal
While delegates from 200 countries come together to ramp up climate action and investors worldwide call for an end to banking on coal as part of the energy mix, the Trump administration followed through with its threat to host a fossil-fuel promotional side event at the United Nations Climate Summit (COP24), currently held in the […]
Weaning ASEAN from coal reveals climate risks and rewards
Climate change is a pressing global issue that countries need to combat not only in their individual capacities but also at an intergovernmental level. Given the degree of the threat faced by communities worldwide, discussions around climate have come to the forefront of the global collaboration agenda. All eyes were on the 24th Conference of the Parties […]