Deploying Renewables in Southeast Asia

Ölz, Samantha; Beerepoot, Milou

doi:10.1787/5kmd4xs1jtmr-en

Cited by 16 publications

(1 citation statement)

References 22 publications

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“…Green hydrogen will serve as a catalyst to address the integration challenges hindered for wind and solar as the world is shifting towards a green economy. By 2023, many hydrogen projects in Organisation for Economic Cooperation and Development (OECD) countries are expected to be launched which includes major pipelines for distribution to end-users and electrolyzers [43]. Island countries, especially in the ASEAN region, will benefit substantially as hydrogen will accelerate the storage as a clean energy carrier [7].…”

Section: Hydrogen Energymentioning

confidence: 99%

Green Technological Development and Deployment in the Association of Southeast Asian Economies (ASEAN)—At Crossroads or Roundabout?

2021

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Southeast Asia faces one of the fastest growths in electricity demand in the world, driven by increasing incomes, urbanization and industrialization. Development and deployment of green energy technologies offer a natural conduit to meet the growing electricity needs of the Association of Southeast Asian Economies (ASEAN) region while also serving as a viable strategy to adapt to climate change. The aim of this study is to formulate the policy lessons for the ASEAN economies and governments in facilitating the development and deployment of green technologies and alternatives energy options based on a specific case review of the ASEAN. The ASEAN economic region is prioritizing sustainable economic growth while minimizing the regional impacts of climate change through decarbonization. The study undertakes a case-specific analysis in reviewing green energy deployment in the context of green growth and energy transition using secondary data sources and discusses the current status and future options of renewable energy development in the ASEAN. We find that carbon capture and storage (CCS) technologies will allow the ASEAN to continue to use fossil fuels while achieving sustainable economic growth as coal demand increases in the region. The deployment of CCS technologies will also act as an enabler of hydrogen energy as a green energy solution in the region in the longer term. Boosting public acceptance to nuclear energy, implementing energy efficiency improvement policies and eliminating fossil fuels consumption subsidies are feasible short-term and medium-term policies. Increasing both the public and private sector energy investments and development of CCS technologies in the longer term are necessary complementary policies to maximize the benefits of greater deployment of renewable energy sources in the region and combat climate change.

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Section: Hydrogen Energymentioning

confidence: 99%

Green Technological Development and Deployment in the Association of Southeast Asian Economies (ASEAN)—At Crossroads or Roundabout?

2021

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Finance and Investments in Renewable Energy in Asia

Gubbi¹,

Lillis²,

et al. 2015

Handbook of Clean Energy Systems

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Access to clean sources of energy is essential for countries in developing Asia to promote economic growth, strengthen energy and national security, confront global climate change, and ensure environmental sustainability. Countries in developing Asia largely recognize the benefits of investing in renewable energy and clean technologies but vary in their ability to create enabling environments conducive to private sector investment in their clean energy sectors. Significant financing for clean technology in the region exists in the form of long‐term debt, multilateral and bilateral development finance, venture capital and private equity funding, and carbon funding which could all be scaled up to facilitate investment in national clean technology sectors. These mechanisms will be most effective in countries where strong, flexible, and transparent regulatory environments are in place and enforced.

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Enabling Environment for Promoting Energy as an Income Opportunity

Masera

Paramithiotti

2013

Renewable Energy for Unleashing Sustainable Development

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Deploying Renewables in Southeast Asia

Cited by 16 publications

References 22 publications

Green Technological Development and Deployment in the Association of Southeast Asian Economies (ASEAN)—At Crossroads or Roundabout?

Green Technological Development and Deployment in the Association of Southeast Asian Economies (ASEAN)—At Crossroads or Roundabout?

Finance and Investments in Renewable Energy in Asia

Enabling Environment for Promoting Energy as an Income Opportunity

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