The Role of Renewable Energy in Resolving Energy Insecurity in Asia
Peimani, Hooman; Taghizadeh-Hesary, Farhad | September 2019
Abstract
Energy security implies the availability, affordability, applicability, plausibility and acceptability of countries’ energy supply. Implying the sustainability of countries’ energy supplies, energy insecurity is widespread across Asia. Southeast Asia (SEA) serves as an example for Asia’s energy insecurity. Notwithstanding efforts to expand its share of renewable energy (renewables), fossil energy dominates the regional energy mix. Various factors have created obstacles for the expansion of renewables in SEA, prolonging this environmentally unsustainable situation. Their addressing demands a comprehensive approach to ensure the energy requirements of the regional countries and also their social and economic development in determining their choice of energy. Singapore and the Philippines serve as good examples of energy insecurity in SEA, having fossil energy-dominated energy mixes. Expanding the share of renewables in their energy mixes demands different plans linked to their sustainable development, which is true for the rest of SEA. However, achieving this objective demands different routes, given their differences in terms of the availability, affordability, applicability, plausibility and acceptability of energy, particularly those of environmentally clean renewables. It necessitates sustainable energy to make such renewables a necessity whose local production could serve as an engine for economic development while simultaneously ending their energy insecurity.
Citation
Peimani, Hooman; Taghizadeh-Hesary, Farhad. 2019. The Role of Renewable Energy in Resolving Energy Insecurity in Asia. © Asian Development Bank Institute. http://hdl.handle.net/11540/11236.Keywords
Alternative Energy Development
Asian Development Bank
Development
Development Cooperation
Rural Development Projects
Energy Development Finance
Renewable Energy
Energy
Rural planning
Aid coordination
Industrial projects
Infrastructure projects
Natural resources policy
Educational development
Development policy
Energy Demand
Alternative energy program
Domestic Energy
Energy
Energy Demand
Energy Sources
ADB
Communication in rural development
Communication in community development
Economic development projects
Development banks
Economic forecasting
Environmental auditing
Cumulative effects assessment
Human rights and globalization
Rural manpower policy
Biogas
Biomass chemical
Biomass gasification
Biomass energy
Demand
Energy Security
Renewable Energy Source
Supply and Demand
Technology
Solar energy policy
Development banks
Infrastructure
Joint venture
Energy policy
Renewable energy source
Solar energy
Energy development
Technology
Sun
Energy resource
Water power
Hydrology
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http://hdl.handle.net/11540/11236Metadata
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