ASEAN’s future energy landscape post COVID-19

Published onOctober 2, 2020

For the past two decades, ASEAN member states have achieved remarkable progress in the energy sector in terms of the acceleration of rural electrification access, rapid provision of large-scale national grid systems, successful mobilisation of indigenous resources, gradual adoption of new technologies and share of renewables into their respective energy mix. Further, ASEAN is also beginning to see cross-country electricity entry trade bilaterally and power exchanges that will promote the future market of multi-lateral trade. However, the future energy landscape of ASEAN will rely on today’s actions, policies, and investment to change the current dominant fossil fuel-based energy system into a cleaner energy system. As the world is focused on containing the spread of the COVID-19 virus, policy measures will have mixed outcomes as to when it is appropriate to reopen the economy, either partially or fully, to reduce the economic impact as well as to bring back jobs and ensure strong markets.