Cleaning up a dirty industry: ASEAN is becoming more dependent on coal but it has an obligation to mitigate its environmental impact
Universal electricity access is a key pillar of ASEAN’s development goals. The regional bloc has committed to providing every citizen with an electricity supply by the early 2030s. To achieve this end, the region will need to increase its power capabilities by some 60% by 2040.
To quench the thirst for power, Wood Mackenzie, an energy research company, estimated in its September report that ASEAN nations would need to invest US$17 billion a year.
Oliver Ward