Coal would remain a major fuel source in Southeast Asia for years to come(Photo: The Nation) Bangkok (VNA) – Several of the 10 member countries of the Association of Southeast Asian Nations (ASEAN) have adopted clean-energy policies, and yet the use of coal continues to increase in the region. The energy multinational Wood Mackenzie said in a recent study that coal would remain a major fuel source in Southeast Asia for years to come, its use expected to peak only in 2027. The Indonesian government has set a target of generating 23 percent of its power from renewable sources but has achieved only 12 percent thus far due to widespread dependence on coal. Jacqualine Tao, a research associate at Wood Mackenzie, said the reality of rising power demand and affordability issues in the region means that coal’s capacity plateau will only be seen after 2030. The International Energy Agency (IEA) has stated that global demand for coal grew by 0.7 percent for the two years ending in 2018. It has estimated that, in the next 20 years, coal demand will continue to rise due to its affordability and availability. Southeast Asian nations, India and other developing countries will be the… Read full this story
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