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Asia concerned over future energy needs

India, Thailand and the Philippines rank the highest of nine Asian countries that are “very worried” about future energy needs in the midst of increasing demand for energy, food and water due to growing populations, a survey shows

The Jakarta Post
Jakarta
Thu, February 6, 2014

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Asia concerned over future energy needs

I

ndia, Thailand and the Philippines rank the highest of nine Asian countries that are '€œvery worried'€ about future energy needs in the midst of increasing demand for energy, food and water due to growing populations, a survey shows.

The '€œFuture Energy'€ survey initiated by Shell shows that 80 percent of respondents consider energy needs just as worrying as the basic cost of living.

'€œWe are glad to see that Asian people consider future energy needs a main priority, especially because this region will become one of centers of fastest population growth and energy demand,'€ Shell global business development vice president Jeremy Bentham said in media a release made available to The Jakarta Post on Wednesday.

The survey covered 8,446 respondents in 31 cities and nine regions in Asia.

In 2030, the world will need 40 to 50 percent more energy, water and food in line with increases in demand and population growth.

Most respondents believe that energy shortages and skyrocketing energy prices will significantly affect their countries.

Issues considered most relevant are a shortage of energy in Thailand (91 percent) and South Korea (70 percent), energy prices that continue to increase in India (91 percent) and Singapore (79 percent), water shortages in Vietnam (89 percent) and food shortages in Indonesia (86 percent).

The survey indicates that Asia recognizes the need for many different energy sources in the future, with solar and natural gas ranking the highest of alternative energy sources.

The survey reveals that solar power is considered an important energy source of the future in most Asian countries, such as Singapore (86 percent), Thailand (83 percent) and India (77 percent).

'€œNatural gas is a future energy source mostly expected in Brunei [87 percent] and second future energy source mostly chosen in Singapore [52 percent], Indonesia [43 percent] and India [43 percent],'€ the survey says. (ebf)

 

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