The survey shows that the transmission of clean energy in Southeast Asia was marred by geopolitical and financial risks News | Environmental works

The survey shows that the transmission of clean energy in Southeast Asia was marred by geopolitical and financial risks News | Environmental works
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The survey shows that the transmission of clean energy in Southeast Asia was marred by geopolitical and financial risks News | Environmental works

A survey conducted by the Sustainable Energy Association in Singapore (the seas) indicates that the transformation of Southeast Asia into clean energy enters a turbulent stage of ambitious and more through the struggle to build flexibility against geopolitical, financial and systemic risks.

the The state of energy transmission in ASEAN The survey, now in its third year, drew a picture of a region that slowly grows the energy of the renewed, but it stumbled from network bottlenecks, shaky regulations, and weak investment signals.

The study of the Industry Association found that Singapore is still seen as a clean energy commander in the region, but its hegemony has declined sharply.

While 95 percent of the respondents ranked the city as the leadership of energy transmission in ASEAN in 2024, this number decreased to only 51.4 percent this year.

The softening reflects the rise of other players and the addition of more survey participants from all over the region.

Malaysia is now the second most progressive country in the region for energy transmission (14.3 percent), followed by Vietnam (13.3 percent). The greater the spread of driving, the more competitive ASEAN can be read – or as a sign that the effect of Singapore fades.

Which country is seen as the leader of energy transmission in Southeast Asia? Source: Sea

Despite its dull situation, Singapore is still expected to lead carbon pricing and the creation of a unified regional carbon market (29.5 percent), as well as solar integration (21.9 percent).

Singapore decision Delay the introduction of the mandatory disclosure rules for the smaller listed companies within five years A step that undermined his reputation as an early engine in the region and put it behind Malaysia to detect climate – after the survey was made, in late August.

About 105 professionals in energy, financing and academic circles participated throughout Southeast Asia in surveying from mid -August to August 22.

Flaving barriers and emerging risks

The respondents have identified familiar obstacles to the expansion of the clean energy in Southeast Asia: the outdated and partial infrastructure (73 percent), organizational uncertainty (67 percent), and financing restrictions (56 percent). The instability of the supply chain (41.9 %) and skills decrease (25.7 per cent) add to the opposite winds.

What are the main barriers that prevent the transmission of energy in Southeast Asia? (Click to enlarge) Source: Sea

External shocks are now central preoccupation. More than half of the respondents (52.4 %) referred to the regional conflict and political tensions as the highest threat to transition, followed by energy protection (45.7 percent) and disrupting the supply chain (41.9 %).

Two -thirds of those surveyed said that ASEAN needs multiple -border coordination parties stronger to protect from energy supply chain disorders.

Edwin Khu, the head of the seas, said: “Optimism in technology now reduces the sober recognition that the systematic preparation for the shocks of the geopolitical supply chain and the supply chain will make or break the clear ambitions of ASEAN.”

The ASEAN countries have a group of carbon removal aspirations, as the Philippines not only defined the Philippines and mixed them with a net goal. Most countries – Brunei, Cambodia, Malaysia, Singapore, Vietnam – set zero goals in 2050, with Indonesia (2060) and Thailand (2065) to be removed from the carbon later.

Despite the risk of escalating transition, confidence in some technologies is still high, according to the respondents. Solar energy is still seen as the most developmental renewable energy in the next five years (83.8 percent), followed by green hydrogen (57.1 percent).

Investors show more pragmatism, and gives priority to customizing the capital for network upgrades (41.9 percent) and energy storage (65.7 percent) – the infrastructure needed to install networks that takes intermittent energy sources.

For the third year in a row, the organizational uncertainty is cited between the best barriers that prevent investment.

“The capital requires certainty.” “The continuous martyrdom of organizational uncertainty as a three -year barrier is a clear invitation to work for coordinated policies and banks that can be bankable.”

The survey indicates a fixed shift in priorities over three years. In 2023, the capabilities of the ASEAN network and reform of the agenda of the agenda. In 2024, the focus turned into clean energy and carbon markets. This year, flexibility is focus-with the stability of the supply chain and cross-border coordination that dominates fears.

Given the next year, Kavita Gandi, Executive Director of the Sea, told environmental works that she hopes that the ASEAN will continue to work better as a mass, so that countries that have different levels of development, ability and technology can exchange renewable resources.

“In the past, there was a little economic incentive for the countries to cooperate. Everyone was doing something of its own. But now, there is an economic suggestion – and I feel that this should be the story for the transmission of ASEAN’s energy.”

Gandhi has acknowledged that energy companies should be considered stronger for the responsible sites of projects as the sector is gaining momentum in Southeast Asia, with an increasing number of clean energy projects facing the opposition from environmental groups in Indonesia and the Philippines.

“Some host countries have environmental environmental standards, and they have not implemented environmental impact assessments. Some companies have profit profit on the planet. We don’t just want to move-we want a fair transition,” she said to the environment.

https://www.eco-business.com/news/southeast-asias-clean-energy-transition-marred-by-geopolitical-and-financial-risk-survey-shows/

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