Bringing New Energy To Southeast Asia
The need for renewable energy cooperation
Eijas Ariffin, 12 December 2018 (The ASEAN Post)
“…Vietnam’s Mekong Delta – home to 18 million inhabitants – is one of the world’s most vulnerable places to climate change…[Rising waters, storm accentuation and on-shore salinity are the main factors endangering the populations surrounding the river…Moving away from fossil fuels to New Energy is one] of the key ways to combat climate change…[The Association of Southeast Asian Nations (ASEAN)] has set a target of securing 23 percent of its primary energy from renewable sources by 2025…[W]ith better cooperation among ASEAN member states, it could become a possibility…
…[C]ost-reductions on renewable energy would be one of the major benefits of renewable energy cooperation in ASEAN…[I]t could help remove barriers to obtaining permits, which the study points out is one of the primary causes of delay for renewable energy development. This would then also cut developer costs. Lower costs could attract more investment for renewable energy within the region…[R]egional renewable energy can also enhance energy security as it reduces import dependencies…ASEAN is also implementing the ASEAN Power Grid, which aims to enhance electricity trade across regional borders – complementing the rise in demand for electricity…” click here for more
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