Renewable energy transition in Southeast Asia
Published 23 July 2024
Both governments and businesses in Southeast Asia are ramping up investments in renewable energy, but the real challenge lies in distributing this energy from sources to demand centers, says Heng Dean Law, Managing Director at climate investment firm Pollination.
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The energy mix in Southeast Asia remains dominated by fossil fuels such as coal, natural gas, and oil. While efforts are being made to transition to renewable energy, significant challenges persist. One major hurdle is transferring energy from its source to areas of demand. The Association of Southeast Asian Nations (ASEAN) power grid is crucial for improving access to secure and affordable energy, but the region’s geographical terrain complicates its functionality. Another major challenge, as highlighted by Heng Dean Law, is the reluctance of coal plant operators to shut down their relatively new plants, which still have several decades left in their expected lifespans.
About the NPF International Trade Fellowship 2024
The National Press Foundation holds an annual International Trade Fellowship workshop for journalists, sponsored by the Hinrich Foundation. This year, the Foundations welcomed 25 Asia-based journalists at the Hinrich Foundation’s office in Singapore. The sessions, held in June, focused on the impact of US presidential elections on trade, digitization of trade, Asia’s evolving role in global trade, and more.
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