Southeast Asia can meet rising electricity demand through renewables: IEA
A new International Energy Agency (IEA) report highlights Southeast Asia’s potential to use renewable energy to meet rapidly growing electricity demand. In 2024, regional electricity consumption rose by over 7%, nearly double the global average, and is expected to double again by 2050 due to urbanisation, industrial growth, and higher living standards. The region is estimated to have 20 terawatts (TW) of untapped solar and wind capacity. The report notes that even partial deployment of…