Tag: energy security

Southeast Asia’s Energy Investment Transition: From fossil-fuelled growth to a clean energy imperative

Southeast Asia stands at a pivotal moment in its energy investment trajectory. Long characterised by rapid economic growth underpinned by fossil fuels, the region is now entering a decisive phase of transition as clean energy investment rises to meet expanding demand, climate commitments and energy security concerns. According to the World Energy Investment 2025 report, Southeast Asia’s energy sector reflects both the opportunities and structural challenges facing emerging economies attempting to balance development priorities with decarbonisation goals.

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Navigating Energy Transition in Brazil, Indonesia and South Africa: Briefing

Brazil, Indonesia, and South Africa diverge in important ways: Brazil is a net crude oil exporter with a commodity-dependent growth model; Indonesia relies heavily on domestically produced coal but remains a major importer of oil products; and South Africa is a net importer of most fossil fuels and faces a protracted electricity crisis driven by the decline of its coal-based utility system. This briefing provides a snapshot of political economy insights relating to dynamics around energy security in Brazil, Indonesia, and South Africa.

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7 GW offshore wind is under construction in the North Sea: EMBER

As the largest offshore wind sea in the world, the North Sea has the potential to support industrial manufacturing and energy security across the bordering nations, provided collaboration is ensured. With 101 operational wind farms making up 30 GW, the North Sea has a greater capacity than the South or East China seas, and has a significant pipeline of projects in construction or in early development. Six countries have operational offshore wind capacity in the North Sea contributing to this total – the UK, Germany, Netherlands, Belgium, Denmark and Norway – in order of total capacity.

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Ireland’s Energy Future: Report

This report assesses the outlook for Ireland’s energy security to 2035, drawing on international experience and detailed power system modelling developed with EirGrid, Ireland’s transmission system operator. There is a clear need to establish a unified cross-sectoral energy strategy to set a vision that guides this transition, supported by a detailed security study on the electricity supply mix. Ireland can build on its progress in power system transformation to set an example of secure integration of large shares of variable renewable generation while safeguarding energy security.

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Europe’s Environment and Climate: Report

Europe is warming twice as fast as the global average, with extreme weather events driven by climate change impacting people′s lives across Europe today. This report provides a comprehensive picture of the environment, climate and sustainability available in Europe, building on data from across 38 countries. Overall, important progress is taking place within climate change mitigation, while  there is mixed progress around reducing pollution and transitioning towards the  circular economy.

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The path towards energy transition must be realistic, equitable and regionally attuned: Malaysia’s Anwar Ibrahim

In the SEA region, eight out of 10 countries have set net zero targets. ASEAN member states have also pledged to triple global renewable energy capacity to 11,000 GW by 2030 at the COP28. The path towards energy transition must be realistic, equitable and regionally attuned. In order to deliver energy transition, clear financing strategies, infrastructure modernisation, inclusive policies and technological innovations are required. Through regional cooperation, the SEA region has the potential to shape a low-carbon energy future.

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International Cooperation for Germany’s Green Transition: Brief

Germany and the EU cannot shape their own decarbonisation and an effective response to climate change in isolation. Partnerships and international cooperation beyond the EU are essential to safeguard prosperity, competitiveness, and security. This briefing outlines strategic action the German government can take in its foreign relations to strengthen Europe and act effectively on a global scale. 

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Lithuania Energy Policy Review

Energy independence is central to Lithuania’s energy policy, and the country has taken important steps to reduce its dependency on energy imports, including ceasing all imports from Russia since March 2022. However, imported fossil fuels still account for over half of end-use energy consumption. To address the dependence on fossil fuels imports, Lithuania has set ambitious targets for renewable electricity expansion to enable electrification and reduce energy imports. The country is facing a rapid and significant transition of its energy system to enhance security and reduce GHG emissions.

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Decarbonisation is about climate, competitiveness and independence: Commissioner Wopke Hoekstra

We need to double down on renewables, and the numbers show why. Between 2010 and 2020, the cost of solar plummeted by 82%. It will get cheaper and cheaper – and it will make us every more competitive. Doubling down on renewables in general, and solar in particular, is probably a very smart business decision. Let’s assume we have that renewables capacity, you need to fuel that somewhere, transform it into grid capacity. Doubling down and making huge investments over the next decade in grid capacity is critical.

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Collaboration Among China, Europe and Africa Can Power Africa’s Energy Transition

At the heart of the global climate agenda is Africa, a continent of immense potential with abundant renewable energy resources, a growing youth population and vast natural capital. However, it is also one of the most vulnerable regions to the negative impacts of climate change. Sub-Saharan Africa is home to nearly 80% of the world’s population without access to electricity, yet in 2022, the continent received only 1% of global renewable energy. Addressing Africa’s energy challenges and accelerating its transition to a low-carbon, climate-resilient economy are crucial for global climate action. As Africa’s key trading and investment partners, China and the European Union can play an important role in supporting the continent’s energy transition. Since the early 21st century, both China and the EU have built upon their existing ties with Africa to establish and strengthen new forms of cooperation with energy as a critical area of focus.

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Japan’s hydrogen gamble: What the world can learn from this high-stakes energy bet

Japan’s profound energy insecurity is a driving force behind its hydrogen strategy. As a resource-poor island nation, it imported approximately 87% of its energy in 2023, with self-sufficiency declining sharply since the 2011 Fukushima nuclear disaster. With the current renewable energy infrastructure, Japan would need to import renewable hydrogen, which presents a strategic paradox. While hydrogen is championed as a solution to energy security, its deployment could entrench new forms of dependency if Japan becomes reliant on hydrogen exporters.

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EU closing in on the 2030 climate and energy targets: Commission’s Assessment

EU Member States have significantly closed the gap to achieving the 2030 energy and climate targets, according to the European Commission’s assessment of the National Energy and Climate Plans (NECPs). EU countries have substantially improved their plans following Commission recommendations in December 2023. As a result, the EU is closing in collectively on a 55% reduction in greenhouse gas (GHG) emissions, as committed in the European Climate Law, and reaching a share of at least 42.5% of renewable energy.

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Renewables point the way to Mexico’s energy security

Mexico’s energy security and affordability are at risk due to its high dependence on imported gas. 74% of domestic gas demand and 54% of the electricity generated in Mexico depend on gas purchased from the United States, making the country, its economy, and its citizens extremely vulnerable to potential geopolitical conflicts and price volatility. Achieving 45% clean energy by 2030 would reduce the country’s dependence on imported gas from the US for electricity generation by 20%. This growth in clean generation, based on the installation of 46 GW of solar and wind energy, would make it possible to avoid any investment in the construction of new combined-cycle power plants.

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Expanding US-India Energy Security Partnership: Report

The report “A Blueprint To Advance The U.S.-India Energy Security Partnership” by ORF America summarises that energy security remains a cornerstone of the U.S.-India partnership, being vital for economic growth and national security. A U.S.-India Energy and Industrial Partnership should involve deploying energy technologies at scale, reducing concentrations in energy supply chains and manufacturing, and strengthening both the domestic industrial base and industrial corridor between the two countries.

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ADB commits $10 billion for ASEAN transnational power grid

The Asian Development Bank (ADB) has planned to allocate up to $10 billion towards the Association of Southeast Asian Nations (ASEAN) Power Grid (APG) initiative to expedite cross-border connections and national grid projects. ADB has also programmed an additional $27 billion in financing over the next three years to support the region’s energy transition and clean energy investments to boost energy security.

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APAC Energy Transition Readiness Assessment: Report 

The energy transition readiness assessment (ETRA) framework provides a structured, data-driven, and forward-looking approach to evaluate and analyze the readiness of developing Asian countries for energy transition. Most developing Asian countries require significant efforts to close the energy transition gaps to enable an effective transition, yet the readiness landscape is varied, indicating distinct opportunities and challenges among countries. Developing Asia’s energy transition readiness will be determined, in part, by the quality of its energy infrastructure, its ability to handle climate shocks, the flexibility of its power system, and readiness for digital solutions.

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Decentralised Renewables for Zimbabwe Agriculture: IRENA

Agriculture is a critical sector in Zimbabwe, accounting for between 11% and 14% of the country’s gross domestic product. The sector employs 53% of the workforce and supports the livelihoods and food security of 70% of the population. Smallholder agricultural operations, typically managed by a single family or individuals, produce 70% of staple foods. However, most of these farmers have no access to electricity, with only 12% connected to the grid. Findings from the report identify critical energy gaps, such as limited access to water pumps, cold storage and post-harvest processing equipment.

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Vena Energy invests $200 million in Yokji offshore wind project in South Korea

Vena Energy has decided to invest $ 200 million in the Yokji Offshore wind project situated in the South Gyeongsang province. This investment aims to accelerate South Korea’s transition to renewable energy and enhance its energy independence. The  Yokji Offshore wind project has a planned capacity of 384 MW. Furthermore, the wind project will diversify South Korea’s energy mix and aid in increasing the share of domestically generated energy in the grid.

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Sharing Electricity Across Borders Could Bolster Energy Security

Energy security is a growing concern as more frequent heat waves and winter storms, ballooning populations, electrification, new data centers and manufacturing put additional demand on power systems. While some countries are emphasizing ‘energy independence’ as a solution often with a focus on fossil fuels others are addressing energy security concerns more affordably and sustainably: by sharing electricity with their neighbors. Regional electricity trade can offer significant benefits. Countries are increasingly looking across borders to build resilience, mitigate fuel delivery risks, reduce price volatility and meet ambitious clean energy targets. To mitigate these risks timely and affordably, regions can learn from each other to accelerate infrastructure investments and market implementation needed to scale electricity reliably and sustainably.

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Southeast Asia’s Power Sector: Challenges and opportunities in a dynamic energy landscape

Southeast Asia is a rapidly growing economic powerhouse and a major player in the global energy sector. The region’s energy demand is set to rise significantly over the coming decades, second only to India. Since 2010, Southeast Asia has accounted for 11 per cent of the growth in the global demand for energy, and projections indicate it will contribute over 25 per cent to the total increase in demand by 2035 under the Stated Policies Scenario (STEPS). Southeast Asia stands at a crossroads in its energy transition. The region’s economic growth and industrialisation continue to drive energy demand, but its dependence on fossil fuels poses significant challenges for energy security, climate action and public health. While progress has been made in clean energy deployment, the pace remains insufficient to meet long-term climate goals.

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