COVID-19 vs ASEAN Energy Sector: Electricity (Q2)
In the mid-end pandemic, as countries including the ones in struggles began to reopen the economy, the overall electricity demand is yet to recover. This reopening economy requires power utility companies to review the electricity masterplan and to prioritise towards more sustainableenergy projects, while also secure their budget.
Energy-Climate Situation in Brunei Darussalam
Brunei Darussalam is an oil and gas-rich country, with more than 90 percent of the total national export is accounted from these alone. The country is one of the largest producers of oil in Southeast Asia and it produced about 111,500 barrels of oil per day on average (2018).
Vietnam‘s Energy Development in the Context of Climate Change
Vietnam is a Southeast Asian country, with Laos and Cambodia in the West borders, and China in the North borders. In 2017, Vietnam’s population was 86.92 million, GDP reached 5,005,975.0 billion VND, and GDP/person was USD 2,389.0 (in current dollars).
A Bright Spot for Southeast Asia Energy Security
Climate change and energy security are two main concerns in the current era of civilization.
Climate Change. Dependence on fossil energy in driving the economy has a negative impact on human and environmental health globally. In reducing further costs and resulting damage, the world together responds to climate change through the Paris Agreement in limiting the rise in global temperatures to the 1.5oC level. In particular, Southeast Asia as a fast-growing economy region reinforced its commitment to a low-carbon economy through ASEAN’s renewable target.
From Waste to Wealth: A Story of Green Coke
According to a report by the International Energy Agency, energy trends in the world over the next 20 years will strongly depend on Southeast Asia’s energy consumption. This is because the growth of energy demand in the region is growing two times faster than the average global growth, which will be accompanied by economic growth as well as challenges for policymakers.
Energy-Climate Nexus #ForNature: Learn, Share, and Act!
Humans and nature are always connected. Just imagine our daily life. The air we breathe, the water we drink, the food we eat, the beauty of nature we see. It should be natural, then, for human being to feel heartbroken upon hearing the catastrophic environmental impacts caused by climate change. Climate change already impacted food production and triggered catastrophic disasters like drought, deluge, and disease. It also seriously threatens biodiversity, the highlighted theme of World Environment Day (WED) 2020. These facts should alarm us to wake up and question ourselves, what actions can we do to strive for a better world?
RE Investment Series – Vietnam
RE Investment Series – Thailand
