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climate 73d ago

ASEAN Faces $67B Savings Switching from Gas to Solar Amid Rising Energy Costs

ASEAN Faces $67B Savings Switching from Gas to Solar Amid Rising Energy Costs

A report from Ember reveals ASEAN's planned $109 billion gas expansion could be replaced with cheaper solar energy, saving $67 billion. This shift matters as it directly counters rising energy prices and geopolitical risks affecting the region's power security. Moving forward, countries like Singapore and the Philippines are beginning renewable energy transitions that may set a precedent for sustainable supply and cost resilience in Southeast Asia.

Timeline · 73d ago

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1 article · Rappler

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