Energy and Energy Efficiency in South-East Asia
Southeast Asia is experiencing tremendous demographic and economic growth. Affordable, secure and environmentally sustainable energy will be crucial to underpin the region’s development over the coming decades. Energy consumption is expected to more than double by 2040. Meeting this growing demand through fossil fuels alone comes at the expense of energy security, environment and sustainable development. The diversification of Southeast Asia’s energy supply through investments in renewables offers a viable option to support expansion and also achieve wider socio-economic and environmental benefits. In order to achieve the objectives set by the Paris Agreement in 2015, the large-scale deployment of energy efficiency solutions and the development of renewable energies in the energy mix are essential.