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Energizing Southeast Asia: Updates and Insights into the Region’s Energy Transition

Welcome to the October edition of SIPET Connect! This month, we spotlight Southeast Asia’s journey toward a cleaner, more sustainable energy future, with a special focus on the policy shifts driving the transition. From recent advancements like the ASEAN Energy Outlook to renewable energy initiatives, we explore the key events and insights shaping the region through the though leadership opinions, latest spotlight and evidence of the transition. Dive into critical topics such as just energy transition, carbon credits, and innovative solutions like agrivoltaics. 
Thought Leader Interview 

Understanding the Role of RECs and Carbon Credits in Decarbonization 

The SIPET Editorial Team recently caught up with Roble Velasco-Rosenheim, Director of Partnerships and APAC Markets at the I-TRACK Standard Foundation and founder of SuSca Group on the sidelines of the inaugural event of the Southeast Asia Corporate Decarbonization Exchange (CDx) in Bangkok during 1-2 October 2024.  

With more than a decade of experience in clean energy across Asia, Velasco-Rosenheim has been pivotal in helping organizations to source and get credits for renewable electricity, and to improve their emissions reporting. His insights into carbon credits, and also Renewable Energy Credits (RECs), highlight both the potential they provide, and the challenges they present, for corporate decarbonization.

Read the full article to explore in detail. 
Recent Events

Press Trip on ‘Journalism and Just Energy Transition’ Achieves Great Success

From September 23 to 25, 2024, ten journalists from Viet Nam joined a press trip on “Journalism and Just Energy Transition” (JET) in Binh Thuan and Ninh Thuan. They gained insights into renewable energy, refined their reporting skills, and explored the role of journalism in advancing Viet Nam’s energy transition. Organized by CASE and IKI JET, the trip highlighted local industry challenges and opportunities in renewable energy. 
Visit the full story here 

DOE Philippines and CASE Collaborate on Long-Term Energy Scenarios 

The Department of Energy (DOE) Philippines and CASE Philippines recently held a successful Validation Workshop on Long-Term Energy Scenarios (LTES), bringing together more than 90 participants including government officials, energy stakeholders, and civil society. The workshop aimed to refine energy transition strategies for a cleaner, more sustainable future, with insights shaping the ongoing LTES study led by the Institute for Climate and Sustainable Cities. 
Check out the story here. 

SIPET at AsiaXchange 2024 

On October 2, 2024, the Southeast Asia Information Platform for the Energy Transition (SIPET) took the centre stage at the AsiaXchange Forum, hosted by The Rockefeller Foundation in Bangkok. This event, focused on accelerating Southeast Asia’s energy transition, highlighted the importance of partnerships across the public, private, and philanthropic sectors. SIPET was showcased as a key tool for driving collaboration and transparency in the region’s low-carbon shift. With the need for action more pressing than ever, SIPET empowers stakeholders to align efforts and move from agreements to tangible progress in Southeast Asia’s energy future.
 
Read a summary of the discussion at the event here.
Energy Transition Insights 
8th ASEAN Energy Outlook

The 8th ASEAN Energy Outlook (AEO8) sets ambitious clean energy targets for the region, aiming to significantly boost renewable energy capacity and reduce overall energy intensity. According to the report, ASEAN has to date achieved a 24.5% reduction in energy intensity compared to 2005 levels, although the region will fall short of the 32% target by 2025. Renewable energy accounted for 15.6% of the Total Primary Energy Supply (TPES) as of 2022, and ASEAN aims to raise this to 23% by 2025. Importantly, the AEO8 projects that ASEAN will become a net importer of natural gas by 2027 under the Business-as-Usual (BAU) scenario, emphasizing the region's growing dependency on imports despite its clean energy efforts. 

These regional trends align with the World Energy Outlook 2024 (WEO 2024), which similarly stresses the need for rapid clean energy adoption to enhance energy security and reduce reliance on fossil fuels like natural gas. Both reports emphasize advancing renewable energy and energy storage technologies as critical to a sustainable energy transition. 
Evidence for the Energy Transition
CASE’s latest report, A study on the Recommended Policies and Regulations Pertaining to Agrivoltaics in Thailand, explores agrivoltaics—the integration of agriculture with solar power generation. This approach, which involves installing solar panels above or between crops, offers significant economic benefits, including increased agricultural yields and reduced electricity costs for farmers.  Below are the key highlights from the report to adapt agrivoltaics systems in Thailand. 
In the News

Each month, the SIPET editorial team shares links to news on recent developments related to the Energy Transition in Southeast Asia.  Please feel free to share your own notable news items related to the Energy Transition by submitting a link here 

Southeast Asia is making strides toward accelerating the energy transition, as countries are exploring carbon taxes, emissions trading schemes, and sustainable finance mechanisms. However, challenges still remain in countries where regulatory frameworks and financial instability may slow down progress. At the regional level, the push for sustainable foreign direct investment (FDI) through ASEAN initiatives could provide much-needed investment in clean energy infrastructure, catalyzing energy transitions across the region. 
Energy Transition Spotlight

Clean Energy Drives Sustainable Change Across All Sectors 

Discover how clean energy is driving sustainable change across various industries in Indonesia, from boosting food security to promoting smart farming practices. This video highlights CASE's role in supporting the integration of clean energy across sectors, contributing to the country's vision of Indonesia Emas 2045. Watch now to explore best practices shaping a sustainable future. 

ASEAN Catalytic Green Finance Facility 

Launched under the ASEAN Infrastructure Fund, the ASEAN Catalytic Green Finance Facility (ACGF) provides ASEAN member governments with technical assistance and access to more than $1 billion in loans from co-financing partners to de-risk projects in energy, water, transport, and urban sectors, along with technical assistance and innovative financing solutions. Stay tuned for next month's SIPET Connect, in which we will begin a multi-part series on Energy Transition Finance, where we’ll dive deeper to gain more insights from leading experts working on the ground in Southeast Asia.
Do you know?

Which year did the Indonesian government issue a regulation including early retirement plans for some coal power plants?

  1. 2020
  2. 2021
  3. 2022
  4. 2023
Submit your answer here!
Curious to learn more about Indonesia’s power sector?
Check out SIPET tool below.
 

SIPET is an open-access platform envisioned and designed to support energy transition stakeholders to share and gain insights, resources, and knowledge to create a holistic picture of the energy transition in the region.

SIPET offers tools and resources developed to help clean energy professionals understand the current state of energy systems in Southeast Asia, identify areas for improvement, and track progress over time. They also support to identify best practices, innovations, and emerging technologies that can be adopted and scaled to support the energy transition.
Highlighted Event: Women in Energy 

CASE, together with SDG Move, is organizing the Women in Energy Forum on October 25, 2024, with the aim to gather exceptional female leaders who are shaping the future of energy! These leaders will share their insights on the opportunities and challenges women face in the energy sector, and explor how we can empower the next generation of female innovators. Register here or Contact us for more information about the event and GIZ’s work on women in the energy sector in Thailand and Southeast Asia.
Mark Your Calendars
  • 21 - 25 October | Singapore International Energy Week (SIEW)/Asia Clean Energy Summit (ACES)  | Singapore | Organized by Energy Market Authority (EMA) | Register here
  • 25 October | Women in Energy | Bangkok, Thailand | Organized by GIZ Thailand | Register here
  • 28 October | Cities: Possibilities 2024 – A CapitaLand Sustainability Edition | Singapore | Organized by Eco-business | Register here
  • 29 October | How Market Reforms Can Drive Renewable Growth in Southeast Asia | Webinar | Organized by CASE | Register here
  • 30 October – 1 November | Biomass & Bioenergy Asia Summit 2024 | Jakarta, Indonesia | Organized by INBC Global | Register here
  • 5 November | Generation Impact | Sustainability Exchange Finale and ComfortDelGro-EB Impact Sustainability Education Grant Award Ceremony | Singapore | Organized by EB IMPACT | Register here  
  • 19 November | 4th Philippine Natural Gas Investment Summit | Pasay, Philippines | Organized by PCM Asia | Register here 
Your Energy Transition Reading List
 

Capacity building needs assessment for energy transition progress in Viet Nam

 
Opportunities

Jobs 

Looking to get your energy transition job in front of Southeast Asia’s top clean energy professionals? Share your job announcements with SIPET and tap into our growing network of experts, practitioners, and decision-makers across the region and beyond. 

Doing good work you want to share? Submit your stories of impact to be featured in the next SIPET newsletter! 
ABOUT CASEThe Project "Clean, Affordable, and Secure Energy for Southeast Asia (CASE)" aims to shift the energy sector narrative in Southeast Asia towards an evidence-based clean energy transition, with the aim to increase political ambition to comply with the Paris Agreement. SIPET is part of an effort by CASE to accomplish the shift of the energy sector narrative by supporting: (a) research and evidence, (b) transparency and mapping, (c) dialogue with non-energy sector stakeholders, (d) technical assistance on clean energy, and (e) promoting public discourse on the energy transition.CASE is funded by the German Federal Ministry for Economic Affairs and Climate Action (BMWK), and jointly implemented by the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH and international and local expert organisations in the area of sustainable energy transformation and climate change: Agora Energiewende and NewClimate Institute (regional level), the Institute for Essential Services Reform (IESR) in Indonesia, the Institute for Climate and Sustainable Cities (ICSC) in the Philippines, the Energy Research Institute (ERI) and Thailand Development Research Institute (TDRI) in Thailand.
Southeast Asia Information Platform for the Energy Transition (SIPET)c/o Clean, Affordable, and Secure Energy (CASE) for Southeast Asia

193/140  Lake Rajada Office Complex, 35th floor, New Ratchadapisek Road, Klongtoey, Bangkok 10110, Thailand

Reach out to us:

Website: https://www.sipet.org  | Email: info@sipet.org | LinkedIn: Southeast Asia Information Platform for the Energy Transition - SIPET

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