“Beyond tripling: Keeping ASEAN’s solar & wind momentum” report by EMBER tracks solar and wind generation in ASEAN between 2015 and 2022, and analyses the additional capacity needed by 2030 to align with the International Energy Agency (IEA)’s 2050 Net Zero Emission (NZE) scenario. It is to be noted that the growth of other renewables is equally important for ASEAN countries, but this report mainly explores the dynamics within several ASEAN countries’ power sector’s regulatory environment to engender solar and wind power growth in those countries. The report focuses on Indonesia, Malaysia, the Philippines, Thailand, and Viet Nam, considering these countries as key players in the region’s total electricity generation, in order to formulate feasible recommendations.
- ASEAN recorded 43% average annual growth in solar and wind generation between 2015 and 2022
- ASEAN’s wind and solar power generation growth slowed down in 2022, compared to 2021
- Aligning with IEA’s 2050 NZE scenario demands ASEAN to more than triple renewables
Access the report here