DNV's Peerapat Vithayasrichare shares insights on the Asean super grid idea. Discussion on long term storage needs for renewable energy. Exploration of regional cooperation in Southeast Asia for power trades and decarbonization challenges. Implications of a major takeover in the renewable energy sector and challenges in wind farm projects.
Regional cooperation in cross-border power trades is crucial for decarbonization in ASEAN countries.
Hydrogen serves as a promising long-term energy storage solution to balance renewable energy sources in Southeast Asia.
Deep dives
D-invide - A Leading Risk Assurance Firm in Energy Systems
D-invide, a 160-year-old company, has diversified into various sectors including oil and gas, power, and renewables. With over 5,000 global team members focusing on energy systems, the company supports energy transitions for decarbonization challenges. They actively operate in the Asia Pacific region, including Australia, offering technical engineering services for renewable energy projects.
D-invide's study on Southeast Asia's decarbonization potential explores cross-border interconnections to support decarbonization targets set by ASEAN countries. The study assesses the benefits of regional cooperation in cross-border power trades and interconnections, aiming to quantify these benefits and identify key challenges and solutions to accelerate infrastructure development.
Challenges in Southeast Asia's Energy Transition
One of the main challenges in Southeast Asia's energy transition lies in policy, regulatory frameworks, and political will. While technical and financial aspects are crucial, addressing policy and regulatory barriers is vital for successful regional cooperation and infrastructure development. The slow progress in initiatives like the ASEAN Power Grid underscores the need for clear political commitments.
Role of Hydrogen in Southeast Asia's Energy Storage
The study highlights the role of hydrogen in long-term energy storage for accommodating excess renewables from solar and wind sources. Countries like Singapore, Vietnam, and Thailand are exploring hydrogen strategies to balance energy supply and demand efficiently. Hydrogen offers potential solutions for grid stability and future energy needs in Southeast Asia, aligning with decarbonization goals.