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.
Philippine president Ferdinand Marcos Jr met with NuScale Power Corporation during his official visit to the United States this week to explore the potential for nuclear power. But the technology will not guarantee cheaper electricity rates, say experts.
Indonesia, Vietnam and the Philippines have cancelled almost 13GW of coal projects in 2022, but this is far from what is needed to phase out the fossil fuel over the next two decades, a new report from Global Energy Monitor has revealed.