The Accelerating Transition to Renewable Energy in Asia
Many years from now, people will look back on the 2020s as a pivotal decade in human history. A global transformation is currently taking place in the way that our homes, transport systems, businesses, and industries are powered – a decade of renewable energy transition. Although the development of renewable energy infrastructure is nothing new, the last few years have seen a massive acceleration in the transition away from fossil fuels. Underlying this trend is Goal 7 of The UN’s 2030 Sustainable Development Goals (SDGs), which seeks to “ensure access to affordable, reliable, sustainable and modern energy” for all citizens. Since being founded in 2003, ESC has overseen the development of countless renewable energy projects in Asia and beyond, putting it on the front line of this global effort. Check out more from our Associate in Singapore, ESC on this topic below and find the full original blog on their site here.
The surge in demand for renewable energy
Renewable energy use is growing exponentially across the globe. According to the IEA, the proportion of the world’s electricity generation coming from renewables jumped by 29% in 2020 alone. New green energy infrastructure can hardly be built quickly enough to keep up with the burgeoning demand, and this is particularly true in Asia. For instance, ESC’s combined solar, wind, hydro, and geothermal projects have seen more than a 10-fold increase in energy capacity in just the last four years! Although these are eye-opening figures, 85% of Asia’s total energy consumption still comes from fossil fuels, so the reality is that the green energy revolution in the region is only just getting started.
Supporting the green revolution in Asia
The increasing demand for renewables spawned a proliferation of green energy infrastructure projects for ESC in Asia. The increased demand for our solutions in recent years reflects some of the major observable trends in the countries we operate including:
- the rise of offshore wind farms in Vietnam, which are poised to become a key pillar of the country’s energy transition
- the deployment of large-scale solar photovoltaic systems (PV) in Singapore
- the development of major solar, wind, and hydropower projects in Malaysia
- the solar energy market in Indonesia is being driven by Singapore’s need for cross-border energy imports and
- an increase in cross-border power imports to meet the existing demand for clean energy
If the growing demand for reliable forms of renewable energy is to be met in Asia in the years to come, then environmental consultants will have an important role to play. In helping to clear the roadblocks to green energy development, while mitigating the worst of the environmental impacts associated with it, our Alliance Associates will pave the way to a more sustainable future in Asia.
Learn more on how to to assess and reduce energy use and costs over time through creation of an energy management action plan in our recent article here. Regular review and analysis of these plans allow organizations to proactively onboard new technologies and methods of energy management.
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