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Is our current energy system on the brink of collapse? Despite the billions of dollars invested in the industry, energy today is less affordable, less secure and less sustainable than ever. And the future does not look promising.
The ASEAN region faces a series of energy-related ‘choke points’ on growth, including soaring energy demands, difficulties in supplying energy sustainably and a growing reliance on energy imports. A business-as-usual approach will trigger a potentially crippling trilemma: energy prices will continue to rise, energy security will diminish and carbon emissions will increase. As a consequence, growth will slow and businesses will suffer. How will ASEAN create an energy system for the 21st century?
Read more about the Energy Transition – Avoiding a Powerless Future research study.
October 25, 2013
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