Red tape slows Southeast Asia’s renewables growth
Pace of deployment to leave Indonesia and the Philippines heavily reliant on coal through end of decade, analysts say
Administrative holdups are hampering the expansion of renewable power in Indonesia and the Philippines—the first- and third-biggest economies in Southeast Asia respectively. The trend is expected to leave both countries heavily reliant on coal through to the end of the decade despite a drop-off in available finance for fossil fuel projects. Land approvals are the biggest holdup when it comes to developing renewables in Indonesia, as land-use administration is fragmented between national, regional and local governments, according to Ken Lee, senior power modelling analyst at consultancy Wood Mackenzie. This means project developers must collect more permits for land use than for any other typ
Also in this section
28 March 2024
US company aims to accelerate deployment of new technologies offered by Norwegian pureplay CCS firm
26 March 2024
Country has Europe’s largest CO₂ storage potential but regulatory and policy issues must be resolved to enable growth, says Offshore Energies UK
26 March 2024
Largest investment to date will support emission reduction projects across multiple sectors including refining, steel and cement
19 March 2024
Commodity trading companies are set for a key role in shaping green supply chains and providing carbon market liquidity