Outlook 2025: Bridging Southeast Asia’s energy gap with gas and carbon capture
Gas with carbon capture can be the solution to the region’s rapidly rising energy demand in the age of transition
Asia contains the world’s fastest-growing economies and populations. By 2050, the continent is forecast to account for at least half of daily global energy demand. Its economy is driven by rapid urbanisation, industrial growth and rising living standards. Southeast Asia is ranked second in the world for demand growth. The region is facing significant challenges to meet an expected 45% increase in energy demand by 2040, according to consultancy Wood Mackenzie (see Fig.1). As countries in Southeast Asia strive to meet these growing energy needs, all face the ever-more challenging task of balancing energy security, affordability and environmental impact.
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