Southeast Asia Energy Outlook 2022 – Analysis – IEA – IEA

by | May 17, 2022 | Energy

The Southeast Asia Energy Outlook 2022 is the fifth edition of this World Energy Outlook Special Report. Building on its important partnership with Southeast Asia, the International Energy Agency (IEA) has published these studies on a regular basis since 2013. The studies offer insightful prospects for the ten member countries of the Association of Southeast Asian Nations (ASEAN) – Brunei Darussalam, Cambodia, Indonesia, Lao People’s Democratic Republic (Lao PDR), Malaysia, Myanmar, the Philippines, Singapore, Thailand and Viet Nam.Since the last edition of this report, the energy prospects for Southeast Asia have been affected by the Covid-19 pandemic, new energy and climate policy commitments and, most recently, high and volatile prices exacerbated by the Russian Federation’s (hereafter, “Russia”) invasion of Ukraine. Covid-19 led to a major economic shock for countries in Southeast Asia and the economic recovery now risks being slowed by higher energy prices. In the run up to the UN Climate Change Conference (COP26) in November 2021, several governments in Southeast Asia announced ambitious targets for reaching neutrality and curbing reliance on coal-fired power.Against this backdrop of new uncertainties and ambitions, this IEA report explores possible trajectories for Southeast Asia’s energy sector, differentiated primarily by the policies pursued by governments across the reg …

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