Peralihan Tenaga Bersih Asia Tenggara

Gas and coal demand is up in South and Southeast Asia, as governments look to get people enough power for live-saving air-conditioning. Greener solutions come with steep price tags, and policy momentum is not guaranteed, experts say.

Several changes to the country’s power development strategy had been made in a span of two years. The regional manufacturing hub has agreed to ditch coal by 2050, and is looking to feasibly make up for the shortfall with renewables and gas.

The Malaysian government also doubled its targeted renewable energy capacity by 2050 and announced that it will allow for the development of self-contained renewable energy systems. More details are to be announced.

In a region where large hydro projects and expanding biofuel plantations coincide with an upcoming coal phaseout, a laissez-faire approach could worsen existing inequalities and mar the success of a clean energy buildout.

A political firestorm has engulfed clean energy permitting, future plans are in limbo and project developers are cutting manpower in the country that holds some 70 per cent of renewables capacity in Southeast Asia.

Malaysia memerlukan peralihan secara besar-besaran ke arah kenderaan elektrik untuk menyah-karbonkan sektor pengangkutannya dan mencapai matlamatnya untuk menjadi negara neutral karbon menjelang 2050. Walau bagaimanapun, harga kenderaan yang tinggi dan kekurangan infrastruktur membantutkan usaha ini. Malaysia memerlukan penyelesaian jangka panjang dan mampan untuk membangunkan ekosistem e-mobilitinya, seperti yang dilaporkan penganalisis.

This is equivalent to up to six million jobs that could be created in the region by 2050, said McKinsey’s Vaibhav Dua in a presentation at an Asian Development Bank symposium in Bali, Indonesia.

The agreements are signed amid warm bilateral ties, but energy relations between the two countries have not always been rosy. Safeguards are needed for the partnership to last, analysts say.

The proposal has been discussed twice in Cabinet meetings and the government is also looking into reducing electricity subsidies, though experts say this is something that will take 'more than just political will' to push through.

The populous coal-rich powerhouse has six months to tell investors how it plans to spend G7 money to decarbonise equitably. We ask experts about the risks, strategy, and opportunities.

The developed world cannot ask emerging nations to decarbonise if it does not provide capital and share technology, says Asean Business Advisory Council chair Arsjad Rasjid, who also runs one of Indonesia's biggest coal companies.

As investors face pressure to green their portfolios, gas infrastructure that is unable to adapt to clean energy needs could fall out of favour.