The IEA launched its 2021 Outlook at Singapore International Energy Week
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
21 March 2025
Two recent developments raise the prospect of a revival in northern Iraqi oil and gas fortunes, but familiar obstacles could thwart momentum
20 March 2025
As cash-strapped Western governments commit to substantially raising defence expenditure, a similar dynamic is playing out in Saudi Arabia’s oil and gas sector, as Saudi Aramco maintains it heavy capex push despite reduced revenues
20 March 2025
Tariffs, sanctions and trade conflicts are upending the oil market, impacting crude differentials and shipping rates and creating uncertainty
20 March 2025
While advanced economies debate peak fossil fuel demand, billions of people still lack access to reliable and affordable energy, especially in the Global South
