Southeast Asia’s pathway unclear
Rising demand and a legacy of coal-fired developments could hinder the energy transition in the region
The energy transition faces challenges in Southeast Asia, according to the IEA, as regional demand is forecast to continue rising while ample new coal-fired generation capacity is still under development. “There is no question that urgent and significant action is required [to meet emission reduction pledges],” IEA deputy executive director Mary Burce Warlick told Singapore International Energy Week in October. The IEA launched its 2021 World Energy Outlook at the event, stating the “direction of travel is a long way from alignment” with the “achievable” 1.5°C stabilisation in global temperatures envisioned by its Net Zero Emissions (NZE) by 2050 scenario. Integral to the problem in Southeas

Also in this section
4 April 2025
With extreme weather, refinery closures and geopolitical uncertainty reshaping supply and demand, traders must look beyond headline price movements to understand the actual state of the market
4 April 2025
The April 2025 issue of Petroleum Economist is out now!
4 April 2025
Renewed China tensions threaten island’s inflows of oil and gas from overseas
3 April 2025
Gas use in India has seen significant growth over the past year and looks set to accelerate further, even if the government’s 2030 goal remains a stretch