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Electric vehicles are getting heavier, making bigger carbon footprints in the factory and on the roads.
Long-term power purchases could unlock investment in renewables and transmission as Asean advances cross-border electricity trade, say energy transition specialists at the close of the 44th Asean Ministers on Energy Meeting. Ministers also urged regional cooperation to cut methane emissions from oil, gas and coal.
Tender documents seen by Eco-Business show the site could host hydrogen, ammonia, biomass and geothermal plants alongside gas; the energy mix will be set out in three scenarios that EMA will share only with the appointed consultant.
The sector requires US$6.2 trillion by 2060 under Asean’s coordinated transition scenario, but high financing costs threaten progress, found a new study by the Asean Centre for Energy.
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