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The Association of Southeast Asian Nations (ASEAN) faces tremendous challenges regarding the future energy landscape and how the energy transition will embrace a new architecture—including sound policies and technologies to ensure energy access together with affordability, energy security, and energy sustainability.
Policies to manage ASEAN’s energy transition need to be weighed against potentially higher energy costs, affordability, and energy security risks. Oil is the dominant energy source in the transport sector, while natural gas and coal are the dominant energy sources for power generation in ASEAN.
These are all available from the ASEAN Energy Database System (AEDS). [/vc_column_text] [/vc_column] [/vc_row] “ASEAN Energy in 2022” is a study that provides key insights into Southeast Asia’s energy situation in 2022.
A cleaner energy system in ASEAN relies on today’s actions, policies, and investments to accelerate a higher share of renewables, the adoption of clean technologies and clean use of fossil fuels, and investment in climate-resilient energy quality infrastructure.
But renewable energy costs are falling, making hydroelectric, solar and wind power more affordable. And all ASEAN countries apart from the Philippines have pledged to stop adding carbon to the atmosphere by 2050. So, arguments in favor of an interconnected grid appear to be prevailing.
However, the ASEAN Power Grid is making slow progress and the integrated ASEAN power market may remain unrealized due to several reasons, such as regulatory and technical harmonization issues between the ASEAN Power Grid and utilities. Challenges of power system integration in ASEAN.
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"ASEAN Energy in 2022" is a study that provides key insights into Southeast Asia''s energy situation in 2022.