Southeast asia energy storage fire fighting

Does Southeast Asia rely on fossil fuels?

Southeast Asia’s reliance on fossil fuels to meet rising demand for energy is proving to be a significant vulnerability in today’s energy crisis.

Are fuel-fired power assets a good investment in Southeast Asia?

Fuel-Fired Generating Assets are Young. A lot of capital is invested in Southeast Asia’s relatively young, particularly gas-fired, power infrastructure. The large majority of the region’s 90+ gigawatts (GW) of facilities are well within their operational lifespans with approximately a third of generation capacity less than ten years old.

Is Southeast Asia facing energy security risks?

Today’s policy settings leave Southeast Asia facing significant energy security risks. In the STEPS, Southeast Asia’s annual oil import bill surpasses USD 200 billion by mid-century, up from USD 130 billion today, and the region is set to become a net importer of gas by the late 2020s.

Will Singapore expand its biggest battery storage plant?

Singapore’s government and Energy Market Authority have announced power sector and grid enhancements, including a possible expansion of Southeast Asia’s biggest battery storage plant. Gridstor, a US-based developer and operator of grid-scale battery storage systems, has kicked off construction of its first project in the Texas ERCOT market.

What is Energy Storage Summit Asia?

Energy-Storage.news’ publisher Solar Media will host the 1st Energy Storage Summit Asia, 11-12 July 2023 in Singapore. The event will help give clarity on this nascent, yet quickly growing market, bringing together a community of credible independent generators, policymakers, banks, funds, off-takers and technology providers.

Will Southeast Asia reach a neutrality & curb reliance on coal-fired power?

In the run up to the UN Climate Change Conference (COP26) in November 2021, several governments in Southeast Asia announced ambitious targets for reaching neutrality and curbing reliance on coal-fired power.