Southeast Asia’s role in the global energy system is set to grow strongly over the next decade, according to the International Energy Agency’s (IEA) most recent publication. The region will contribute heavily both to energy production as well as global demand, as its population expands rapidly, and several countries undergo industrialization. Several emerging economies, such as Vietnam, Thailand, and Malaysia will play a major role in the global energy market in the coming decades, but they will need greater economic support if they are to achieve their climate pledges.
The sixth edition of the IEA’s Southeast Asia Energy Outlook covers energy developments in Brunei Darussalam, Cambodia, Indonesia, Lao People’s Democratic Republic (Lao PDR), Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam.
The report forecasts that Southeast Asia will become one of the world’s biggest energy-demand regions…
