Science & Tech · Science & Environment · 5 hrs ago

Iran War Pushes Southeast Asia to Expand Renewable Energy

Iran War Pushes Southeast Asia to Expand Renewable Energy

The Iran war has added pressure to Southeast Asia's energy supplies, as fuel trade disruptions raise fears of shortages and higher prices.

Indonesia, Malaysia, Thailand, Singapore, Vietnam and the Philippines announced 37 renewable energy and electrification policies between February 28 and August 31, as well as 29 fossil fuel policies.

The region's energy demand has grown while its crude oil output has fallen, increasing reliance on imported fuels, including liquefied natural gas.

Most of the renewable energy measures are designed for longer-term change, while many fossil fuel policies offer short-term relief.

The International Energy Agency expects Southeast Asia's electricity demand to rise by about 5.4% a year from 2026 to 2030, and says grids and new power capacity will need investment.

Across Asia-Pacific excluding China, renewable capacity is forecast to grow by more than 840 gigawatts from 2026 to 2031, with Southeast Asia expected to provide around one-fifth of the increase.

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International Energy AgencyEnergy agency
Southeast Asia’s energy security challenges are intensifying as demand grows, reliance on imported fuels rises, and interactions across energy systems become increasingly complex – creating a greater need for coordination and planning.
via OilPrice