Southeast Asia looks to renewable power for energy security
Publishing timestamp: 2023-10-16 20:05:50
Summary
The article discusses the dominance of fossil fuels in Southeast Asia's energy mix and the region's vulnerability to energy price shocks and supply constraints. It mentions the increasing demand for energy in the region and the need to diversify energy sources for economic growth and security. It also highlights the renewable energy targets and plans of countries like Malaysia, Vietnam, and Singapore, as well as the potential for foreign investment in the renewable energy sector.
Sentiment: MIXED
Tickers: @NG.1,
Keywords: indonesia, energy policy, malaysia, natural gas (mar'23), breaking news: asia, environmental health, eu, alternative and sustainable energy, energy industry, ukraine, vietnam government, philippines, russia, economic growth, fossil fuel power generation, renewable power generation, esg investing, energy and the environment, thailand, solar power, singapore, coal mining, crude oil markets, carbon offsets, southeast asia, pandemics, business news, wind power, investors, fossil fuel power plant, association of southeast asian nations, alternative fuels, vietnam, environment, investment strategy, prices, electric power generation, renewable energy, real estate, natural gas markets, production facilities, energy, asia news, asia economy,
Source: https://www.cnbc.com/2023/10/17/southeast-asia-looks-to-renewable-power-for-energy-security.html