ASEAN Readiness for CCT and CCU Technologies Towards Carbon Neutrality
13 September 2022
Key Highlights
Coal has been one of major primary energy sources in ASEAN since 2000. The use of coal in the total primary energy sources (TPES) of AMS is projected to increase to be 23% by 2025 and 25% by 2040 under the Baseline scenario of the 6th ASEAN Energy Outlook (AEO6).
Moreover, coal has also been proof as a low cost (VALCOE) and a proven capacity to provide quicker baseload power. Coal power plant in ASEAN is considered as the youngest one in the world with about 60% of them operate for less and about 10 years.
At COP26, several major coal-producing countries (including some AMS countries) and international banks had declared their commitments to support the phase-out of coal power by the end 2021.
Current global energy price, commitment for carbon neutrality and energy security provide the right momentum for ASEAN Member States (AMS) to accelerate the deployment of clean energy technologies (such as CCT and CCU technologies) in the region.
Understanding the barriers and challenges on ASEAN readiness for introduction and acceleration of CCT and CCU technologies would help in designing CCT and CCU technologies deployment framework and roadmap for the region.
