Powering progress: ASEAN’s clean energy momentum and aluminium sector’s low-carbon shift
ASEAN’s shift to renewable energy is being slowed not by technology or cost. Although solar PV prices have plunged 80 per cent and battery costs by 70 per cent over the past decade, the region lacks unified policy frameworks like harmonised renewable energy certificates, emissions accounting, and coherent regional regulations.
Southeast Asia is positioned at a critical juncture in its energy transition, with electricity demand across the ASEAN bloc expected to rise by 30 per cent by 2030, driven by urban expansion, higher income levels and accelerating digitalisation. Moreover, the government is underway to demonstrate rapid clean energy deployment, which is significantly possible under promising conditions.
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