Southeast Asia Energy Outlook 2019

Southeast Asia Energy Outlook 2019

Economic and Energy Influence

• Population and Economic Growth: Southeast Asia accounts for nearly 10% of the world's population.
• Energy Demand: The region's energy demand has grown significantly, with a 80% increase since 2000.
• Fossil Fuels: Fossil fuel consumption has doubled, with oil being the largest component. Coal has seen the fastest growth, primarily for power generation.
• Electricity Access: The region is close to achieving universal access to electricity by 2030, with millions of new consumers gaining access since 2000.
• Energy Security: Southeast Asia is on the verge of becoming a net importer of fossil fuels for the first time.

Energy Scenarios

• Stated Policies Scenario (STEPS):

  • Forecast: Based on current policies and technological advancements, it projects the energy sector's trajectory until 2040.
  • Focus: Evaluates the implications of existing policies on energy markets, security, and emissions.

• Sustainable Development Scenario (SDS):

  • Outcomes: Aims to achieve the United Nations Sustainable Development Goals, including universal access to modern energy, reduction of energy-related air pollution, and alignment with the Paris Agreement.
  • Gap Analysis: Identifies the policy gaps needed to bridge the difference between current policies and the SDS outcomes.

Key Challenges and Opportunities

• Fuel Demand: Rapid growth in fuel demand, particularly oil, has outpaced regional production.
• Air Pollution: Increased use of fossil fuels has led to significant air pollution, posing risks to public health.
• Renewables Potential: The region has substantial potential for renewable energy, excluding traditional biomass usage.
• Energy Efficiency: Policy makers are intensifying efforts to improve energy efficiency and reduce reliance on fossil fuels.
• Investment: The need for increased investment in fuel and power supply infrastructure is critical.

Summary of Findings

• Regional Dynamics: Southeast Asia's growing economic and energy influence is reshaping global energy dynamics.
• Policy Priorities: There is a focus on securing a sustainable energy pathway through enhanced investment and efficiency measures.
• Challenges: Addressing the gap between current policies and sustainable development goals requires stronger policy actions.
• Opportunities: The region offers significant potential for renewable energy and cleaner technologies, but faces challenges related to energy security and air pollution.

This summary provides a comprehensive overview of the key findings and trends highlighted in the Southeast Asia Energy Outlook 2019.