The 5th ASEAN Energy Outlook: ASEAN is on Track to Reach Their Energy Intensity Target Manila,
ACE Executive Director, Dr. Sanjayan Velautham, shares the publication with the Philippine Secretary of Energy, Alfonso G. Cusi
The AEO5 was developed based on the energy policies and targets of 10 ASEAN Member States (AMS). The final results of AEO5 are in-line with AMS’ expectations of their future energy landscape, in particular with their national expectations of future economic and population growth.
ASEAN energy demand continues to surpass global growth, mainly driven by its targeted economic growth of 5.4% per year into 2025. The Total Primary Energy Supply is expected to increase by a factor of 2.3 times over the period of 2015 to 2040. However, through a combination of energy efficiency (EE) efforts and renewable energy (RE) contributions, energy savings of about 25 % could be realised. Electric power capacity in the region is projected to triple over the period to cope with the strongly rising electricity demand in ASEAN, which contributes to a considerable reduction of traditional biomass usage in the region.
Overall, the AEO5 indicates that ASEAN is well on track to reach the APAEC energy intensity reduction target of 20% by 2020 and 30% by 2025 based on the 2005 level. The region’s aspirational target to increase the share of RE to 23% by 2025 in the energy mix will require further enhanced efforts from all stakeholders. As ASEAN is strongly committed to reduce carbon emissions from the energy sector intervention over the long-term, substantial reductions of 16% carbon intensity levels from the present value are projected to be realised in 2040.
“We believe that AEO5 will contribute to broad appreciation of the challenges of energy security, accessibility and affordability in driving economic prosperity, social development and environment sustainability within the framework of ASEAN Economic Community (AEC),” Dr. Sanjayan Velautham, ACE Executive Director, stated during the press conference. The AEO5 was presented to the Ministers during the 35th AMEM, and the Ministers acknowledged that the AEO5 outlines the feasibility of achieving substantial energy savings through significant EE and RE injections, as demonstrated in the advanced scenarios.
The AEO5 is a joint output of ACE with the active involvement of all 10 AMS under the directive of the Regional Energy Policy and Planning Sub-sector Network, and is supported by the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH on behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ) through the ASEAN-German Energy Programme (AGEP). Maria-José Poddey, Principal Advisor for AGEP, GIZ mentioned, “We trust that the AEO5 will be of benefit to policymakers and stakeholders to develop policy frameworks that ensure sustainable energy security in each AMS and the region.”
The 5th ASEAN Energy Outlook is available on www.aseanenergy.org
About ASEAN Centre for Energy (ACE)
Established on 1 January 1999, the ASEAN Centre for Energy (ACE) is an independent intergovernmental organisation within the Association of Southeast Asian Nations’ (ASEAN) structure that represents the 10 ASEAN Member States’ (AMS) interests in the energy sector. The Centre accelerates the integration of energy strategies within ASEAN by providing relevant information and expertise to ensure the necessary energy policies and programmes are in-line with its policy blueprint the ASEAN Plan of Action for Energy Cooperation (APAEC). It is guided by a Governing Council composed of Senior Officials on Energy from each AMS and a representative from the ASEAN Secretariat as an ex-officio member. Hosted by the Ministry of Energy and Mineral Resources of Indonesia, ACE’s office is located in Jakarta. More information, visit: www.aseanenergy.org
About the Federal Ministry for Economic Cooperation and Development (BMZ)
The Federal Ministry for Economic Cooperation and Development (BMZ) applies the guiding principles of Germany's development cooperation which is protecting human rights and fostering the developing countries' sense of ownership and ability to help themselves. German development cooperation in Asia has two overriding objectives in the environmental sector: mitigating climate change and conserving biological diversity. In its work, Germany is mindful of the close connection between climate change and species loss, and has opted for integrated approaches designed to impact positively on both areas.
German expertise in the fields of energy efficiency and renewable energies is in strong demand in Asia. As part of development cooperation, Germany is supporting technical modernisation, and providing advisory services and training (among other things). More information, visit: www.bmz.de
About ASEAN-German Energy Programme (AGEP)
ASEAN-German Energy Programme (AGEP) is a joint cooperation implemented by ASEAN Centre for Energy (ACE) and Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH on behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ). AGEP aims to support the ASEAN Member States (AMS) in improving regional coordination for the promotion of renewable energy (RE) and energy efficiency (EE) towards sustainable energy for all AMS. In concept and implementation, AGEP refers to the ASEAN Plan of Action for Energy Cooperation (APAEC) that serves as a blueprint for better cooperation towards enhancing energy security, accessibility, affordability and sustainability under the framework of the ASEAN Economic Community for the designated period.
Nanda F. Moenandar, ACE, +62 (0) 21 527 8027 or firstname.lastname@example.org
Intan Cinditiara, GIZ, + 62 (0) 21 527 8025, or email@example.com
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