ACE and IRENA Joint Report Indicates that Achieving Renewable Energy Target Saves the Region Money
 
Oct 28, 2016
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SINGAPORE, 27 October 2016 --(ASIA TODAY)-- The ASEAN Centre for Energy (ACE) and the International Renewable Energy Agency (IRENA) launched Thursday their joint report titled Renewable Energy Outlook for ASEAN: A REmap Analysis during the Singapore International Energy Week 2016. The joint report looks at ASEAN’s renewable energy potentials, costs and benefits by applying IRENA’s REmap analytical methodology and tools at a country level. Most importantly, it provides detailed technological and sectoral options for ASEAN Member States to close the gap between the current and targeted share of renewables in the regional energy mix.

According to the report, the combined energy demand of the 10 (ten) ASEAN Member States will grow by around 50% by 2025. This will increase emissions by 60% and generate USD 225 billion per year in associated health and pollution costs. When considering these costs, the savings generated through achieving the aspirational renewable energy target of 23% in the region’s total primary energy supply by 2025 (decided in the 33rd ASEAN Ministers on Energy Meeting, Malaysia 2015), are far greater than the associated costs required to do so.

The launch of Renewable Energy Outlook for ASEAN: A REmap Analysis was organised with a roundtable discussion moderated by IRENA’s Deputy Director General, Mr. Sakari Oksanen. “ASEAN has set an aspirational target to source 23% of energy from renewables, and according to current planned policies the region would only achieve 17%, leaving a 6% gap. To close that gap, a concerted effort to deploy renewables across all sectors from power, buildings, industry and transport is needed. The REmap Analysis shows that closing this gap is feasible and cost-effective, resulting in significant savings when accounting for lower levels of CO2 and air pollution, and also in a more secure and sustainable energy system ” said Mr. Oksanen.

ACE’s Executive Director, Dr. Sanjayan Velautham, explained during his presentation that this report is part of ACE’s efforts to step up collaboration with international organisations to benefit from their expertise and enhance capacity building in the region’s experience-sharing. “This fits particularly with the direction the 10 ASEAN Member States are heading to with renewable energy, as set under the ASEAN Plan of Action for Energy Cooperation 2016-2025,” he added.

To date, the study has engaged all 10 ASEAN Member States and more than 60 experts through in-depth technical workshops and review webinars. It has also received support from the Renewable Energy Support Programme for ASEAN, a project jointly implemented by ACE and Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH on behalf of the Federal Ministry for Economic Cooperation and Development (BMZ).

The Renewable Energy Outlook for ASEAN is available on www.irena.org/publications, www.irena.org/remap, and  www.aseanenergy.org/resources/publications/

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About ASEAN Centre for Energy (ACE)
Established on 1 January 1999, the ASEAN Centre for Energy (ACE) is an intergovernmental organisation within the ASEAN structure that independently represents the 10 ASEAN Member States’ (AMS) interests in the energy sector. 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. www.aseanenergy.org

About the International Renewable Energy Agency (IRENA)
IRENA is mandated to be the global hub for renewable energy cooperation and information exchange by 149 Members (148 States and the European Union). Roughly 27 additional countries are in the accession process and actively engaged. IRENA promotes the widespread adoption and sustainable use of all forms of renewable energy, in the pursuit of sustainable development, energy access, energy security and low-carbon economic growth and prosperity. www.irena.org

About REmap – IRENA’s Roadmap for a Renewable Energy Future
REmap determines the realistic potential for countries, regions and the world to scale up renewables in order to ensure an affordable and sustainable energy future. REmap assesses worldwide renewable energy potential assembled from the bottom up, starting with separate country analyses done in collaboration with country experts, and then aggregating these results to arrive at a global picture. The analysis encompasses 40 countries representing 80% of global energy use. The roadmap focuses not just on renewable power technologies, but also technology options in heating, cooling and transport. www.irena.org/remap

For more information, please contact:

Nanda F. Moenandar, Communication/Public Relations Officer, ACE, nandafebriani@aseanenergy.org; +62 21 527 9332

Stay in touch with ACE at www.facebook.com/aseanenergy
Timothy Hurst, Chief Communications Officer, IRENA, thurst@irena.org; +971 2 417 9000

Stay in touch with IRENA at www.twitter.com/irena and www.facebook.com/irena.org

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