09:15 – 09:40
Dave Turk joined the IEA in September 2016 and is currently the Acting Deputy Executive Director and Head of the Strategic Initiatives Office.
Southeast Asia’s transition to low carbon economy and its potential
Synopsis: Energy demand in Southeast Asia is expected to grow by two-thirds between 2016 and 2040. Under current policy and technology scenarios, CO2 emissions are expected to increase in lockstep with this growth in energy demand. The use of coal could double, and the region’s share of global emissions is expected to rise from 4.1% to 6.5%. However, the region could also go on the path of sustainable development – a scenario which would keep global temperature rise to well below 2°C. In Southeast Asia, the use of renewable energy could close the gap between this sustainable scenario and status quo by 40%, and improvements in efficiency would narrow it further by another 25%. Apart from the electricity sector, the industrial and transport sectors are key. However, the approach will vary across counties in Southeast Asia due to differences in geography and stage of economic development. For example, solutions that offer massive energy efficiency gains and hydrogen economy could address cross-sectoral needs for a country like Singapore, where other renewable solutions would be limited due to its small size and lack of land. Conversely, larger Southeast Asian countries may benefit from large-scale renewable energy solutions. Countries could also consider collaborating on cross-national infrastructure, such as high-voltage electrical lines. In other words, cooperation among Southeast Asian countries and a systems approach is key to collectively achieve emission goals.