Renewable Energy Sector in ASEAN: An Investment Guidebook

All human activity depends on energy. Unfortunately, the energy sources that almost all ASEAN economies depend on - such as oil, gas, and coal - are: (1) non-renewable, thus quickly depleting due to increase demand of these energy sources, and (2) demonstrably ruinous to the environment, as seen by our increasingly polluted surroundings. At the same time, ASEAN’s high-achieving economies are consuming more and more energy as their populations grow in size and in prosperity. Accordingly, matching this high and growing demand with adequate level of supply requires us to search for alternative energy sources that are sustainable both in terms of its provision and its effect on the environment.

To attain this goal, all ASEAN countries have each set their own targets on reaching electricity generating capacities powered by renewable energy sources, and have also cooperated amongst each other in pushing for the broader use of renewable energy sources. Yet, achieving these relatively modest targets, let alone eliminating their dependence on fossil fuels, requires commitments and actions not only from the national governments, but also a concerted investment effort from the private sector, both domestic and foreign. As technologies for harnessing renewable energy become increasingly cost-efficient, renewable energy sector is no longer a lacklustre investment prospect, particularly in Asia, where the growth of energy demand is projected to outstrip the world average two-fold in the coming decades.

The publication of the “Renewable Energy in ASEAN: An Investment Guidebook” is part of the larger project that aims to familiarise business actors from within and beyond ASEAN about business opportunities and challenges deriving from the full implementation of the ASEAN Economic Community (AEC). Specific to this Guidebook, this publication is specifically intended to encourage greater investment to be made into the region’s renewable energy sector by businesses from both within and beyond ASEAN. Aside from the official websites of ASEAN Member States’ relevant agencies, information presented in this Guidebook is also based on available information from credible sources from regional and international organisations (e.g. ASEAN Centre for Energy, the International Energy Agency, the World Bank, and so on), and private sector bodies or organisations. Whilst it is the intention of the authors to present the information in the Guidebook as uniformed as possible, available information from some countries may differ from those available in others. Notwithstanding such challenges, the authors acknowledge the increasing transparency across ASEAN that made the completion of this project possible.

To download the guidebook, please visit the following link: bit.ly/thc-guidebooks

20 October 2017

Renewable Energy Sector in ASEAN: An Investment Guidebook

To download the guidebook, please visit the following link: bit.ly/thc-guidebooks

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To download the guidebook, please visit the following link: bit.ly/thc-guidebooks

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To download the guidebook, please visit the following link: bit.ly/thc-guidebooks

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