USAID Clean Power Asia
Harnessing the power of renewable energy for a sustainable ASEAN
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If utilities think rooftop solar panels and batteries are bad for business, blockchain should scare the bejeezus out of them. That’s because in addition to helping more people slap panels on their rooftops, the distributed, digital ledger can also be used to trade electricity without a utility even knowing it.
Vietnam has a major opportunity to stop relying on foreign coal and build our own modern renewable energy system which does not pollute our air, our waterways, and our agricultural land. We should make sure we do not miss this chance, as Vietnam is privileged regarding its unexplored potential for diverse renewable energy sources.
Thai energy companies are on a roll. The national oil and gas champion, a coal miner and power utility, and upstart solar and wind companies are expanding across Southeast Asia, applying practices and technology developed at home, with Thailand is reaping the benefits of two decades of government energy policies that have supported the sector.
Energy and non-energy firms are planning investments of more than Bt130 billion in renewable energy this year, both at home and abroad, confident of strong growth in global demand for alternative energy, part of companies’ efforts to drive sustainable business growth.