USAID Clean Power Asia
Harnessing the power of renewable energy for a sustainable ASEAN
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For around 10 years, the conventional wisdom in the energy sector has been that natural gas is ascendant. Coal is dirty, and it’s getting expensive, but it’s too early to jump all the way to renewable energy. To get from the fossil fuel present to the renewable future, we will need ... a bridge. Natural gas is meant to be that bridge. Or so the story goes.
The Electricity Generating Authority of Thailand is showing signs of decline as the 49-year-old wholly owned state utility struggles to tighten costs and reorganise in the wake of market decentralisation and private competition. The cost of renewables, energy storage and distributed generation has been spreading on a global scale, finally reaching Thailand's shores.
Water pollution, plastic waste, sustainable agriculture and environmental protection—these were a few concerns highlighted by students at the Youth Ecosperity Dialogue as the most pressing global problems of their time.
A mixed picture for global clean energy investment in 2018 is emerging, with dollar investment in solar under pressure while commitments to wind power and energy smart technologies such as electric vehicles and batteries are running above last year’s levels. The latest authoritative figures from research company BNEF show world investment in clean energy in the first six months of 2018 down 1% from the same period in 2017.