Peralihan Tenaga Bersih Asia Tenggara / Vietnam

Singapore, Vietnam, Thailand and Indonesia are now among the world’s fastest-growing electric vehicle markets, surpassing major economies in EV share of new car sales, a report from Ember finds.

In Vietnam, an impasse over feed-in-tariffs for renewable energy producers threatens foreign investors’ confidence in government policies.

Studio EB Regulatory uncertainty and grid constraints to cope with intermittency, however, challenge the procurement of corporate power purchase agreements and renewables adoption.

Given the US administration’s ambition to “drill, baby, drill” for oil and gas, its withdrawal from JETP could be good news for the energy transition.

The financing gap is huge, but time is short. Given the inadequacy of a promised new climate finance goal, Southeast Asia should look beyond UN-led conferences to crowd in other sources of capital to tackle the climate crisis.

To achieve net zero emissions in Southeast Asia, addressing the significant financing gap is crucial, requiring bold targets and more international support.

The carbon capture capacity set to come online by 2030 far outpaces transport and storage capacity in key markets, finds a new report. Apart from Japan and Indonesia, the rest of Asia still lacks clear regulations for the costly technology.

Some question if the US$3 billion deal may yet be revived, given vague terms under the country's resource mobilisation plan announced last year that might allow a renegotiation. Observers say the termination is 'good news' for Vietnam's energy transition goals.

In response to queries from Eco-Business, Exim Bank clarified that it did not provide a recent US$980 million loan for equipment financing of the facility, and its main role is in 'assisting to raise funds for the project'. It also said the Song Hau 2 plant, which has since been terminated, utilises more efficient technology which would reduce emissions compared to other coal plants.

The new research findings coincide with Malaysia’s launch of its renewable energy exchange platform and new guidelines for the export of clean energy to neighbours Singapore and Thailand.

Wood pellets burnt to generate energy drive deforestation in Southeast Asia, emit more CO2 per unit of energy than fossil fuels and support the Ukraine conflict, environmentalists said in an open letter to Korea's trade ministry.

The El Niño weather phenomenon, smouldering peatlands, coal power and vehicular pollution caused a big drop in air quality in Southeast Asia in 2023. In Indonesia, Southeast Asia's most polluted country, air quality fell by 20 per cent.