Southeast Asia's Clean Energy Transition
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SDG 9. Infrastructure
How Southeast Asia’s clean energy firms kept the lights on during the pandemic
The region’s clean energy players saw mixed fortunes in 2020 as they grappled with Covid-19 disruptions. How did they roll with the punches, and how will they adapt to a post-Covid world?
Ahead of the COP26 climate summit in Glasgow in November, Eco-Business highlights some of the major issues the Southeast Asian country must address to attain its vision of a low-carbon future.
Renewables could spur the post-pandemic recovery in Asia. But as this year’s climate change conference approaches, the region's energy planners have a lot of catching up to do.
SDG 7. Energy
Proposed steep tariff cut risks disruption in Vietnam’s wind market, industry body warns
The Vietnamese government is mulling a significant reduction of feed-in tariff rates for wind. The Global Wind Energy Council has cautioned the move could see disgruntled investors pack their bags, derailing the nation's wind targets.
The Covid-19 pandemic has hit the energy industry hard. Although renewables appear to be showing resilience, it is not without obstacles.
SDG 13. Climate
Running out of excuses: Where does Southeast Asia’s energy transition stand in 2020?
As renewables success stories keep emerging from Southeast Asia, countries in the world's most climate-vulnerable region have little excuse for not having a working clean energy market design in place. There are plenty of neighbours to learn from.
Future projections of electric mobility are promising, but uptake in the region will depend heavily on the strategic decisions and actions of its key stakeholders—industry, government, and consumers.
SDG 8. Economic growth
Vietnam considers scrapping half of coal power plant pipeline in favour of gas and renewables
With coal development sluggish, the country eyes alternative power sources to meet burgeoning demand. Analysts say the plan is contingent on gas prices staying low.
Coal is gaining traction on Laos' energy scene, throwing the nation's dream of becoming the 'battery' of Southeast Asia into question. As the country thirsts for foreign investment, has poor governance placed it at the mercy of rogue firms?
SDG 11. Cities
As power bills surge amid Covid-19, will prosumers be the Philippines’ next big energy trend?
Filipino households have seen a spike in electricity usage since the coronavirus confined residents to their homes. Could this spark a movement where the average citizen becomes both a power producer and consumer?
SDG 3. Health
Philanthropies pump US$50 million into clean energy projects in Southeast Asia to address Covid-19 funding gaps
A fund backed by mainly US-based philanthrophies will invest in the earliest stage of renewable energy investments. This risky stage has deterred investors and proved one of the biggest obstacles to Southeast Asia's energy transition, which experts say Covid-19 has slowed down.
Vietnam has given the green light to almost a hundred new wind energy installations, indicating the nation keeps powering ahead with renewables amid fears of looming power shortages as industry and population boom.
