ASEAN Centre for Energy on Asean's Energy Transition

The video discusses the future of fossil fuels in the ASEAN energy mix, highlighting the importance of natural gas and coal. It addresses the challenges of decommissioning coal assets, given their relatively young age and the region's focus on energy affordability and security. The financial requirements for energy transition are explored, with estimates ranging from $700 billion to $1 trillion. The need for a balanced public-private financing model is emphasized to overcome investment challenges in energy supply and transmission.

What is the expected role of fossil fuels in the ASEAN region's energy mix?

• They will only be used for industrial purposes.

• They will be replaced by renewable energy sources by 2030.

• They will remain a significant part of the energy mix.

• They will be completely phased out by 2025.

What is a major challenge in decommissioning coal assets in the ASEAN region?

• There is no political will to decommission coal assets.

• The affordability of energy supply is a concern.

• There is a lack of technology to replace coal plants.

• The coal assets are too old to be decommissioned.

What is the average age of coal assets in the ASEAN region?

• 5 years

• 12 years

• 20 years

• 30 years

How much investment is estimated to be needed for the energy transition in the ASEAN region by 2050?

• 700 billion to 1 trillion U.S. dollars

• 500 billion U.S. dollars

• 5 trillion U.S. dollars

• 2 trillion U.S. dollars

What is a suggested approach to overcome the financial bottleneck in the energy transition?

• Use only private sector investments.

• Combine public and private financing with traditional schemes.

• Rely solely on government financing.

• Focus on international loans.