This reflects a broader shift in how clean energy is now being perceived. Renewable energy and electrification are no longer viewed solely as climate solutions. Increasingly, they are also seen as hedging mechanisms against geopolitical instability and fossil volatility.
In Southeast Asia, Indonesia and Malaysia have announced plans to accelerate renewable energy deployment and strengthen biofuel blending mandates, allowing for more plant-based fuel to be mixed into conventional fuels.
As the Hormuz crisis drags on, many countries are likely to pursue dual-track strategies of expanding low-carbon technology while maintaining sufficient fossil fuel production to support energy security and industrial stability.
A DIFFICULT BALANCING ACT
Ultimately, global energy transitions are shaped not only by climate ambitions, but also by affordability, industrial competitiveness and national security concerns. This balancing act is particularly difficult for developing countries.
Energy demand across Southeast Asia continues to rise due to industrialisation, urbanisation and cooling demand. Several countries, such as Vietnam and Indonesia, still rely heavily on fossil fuels to maintain affordable electricity prices.
Read the full article here
