ASEAN
Market
Routes
ASEAN's 2023 electricity growth was entirely met by fossil fuels: renewable energy transition faces multiple challenges
In 2023, ASEAN's electricity demand grew by 3.6%, all met by coal and gas, with the share of renewable energy declining. The region needs to expand renewable capacity by 3-5 times, but grid interconnection and insufficient investment pose challenges.
Sarah Lim2 min read