Paving way to ASEAN energy sovereignty

Nuki Agya Utama
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PREMIUM

Jakarta / Mon, October 28, 2019 / 05:16 pm

Black gold: This file photo shows coal being loaded onto a barge on the Mahakam River in Samarinda, East Kalimantan. State electricity company PLN is heavily reliant on coal to fuel its power plants. (AFP/Bay Ismoyo)

Energy demand in ASEAN member states (AMS) has increased twice as fast as in other countries since the 2000s. AMS together are currently the sixth-largest energy consumer and will be the fourth-largest by 2030, with more than 54 percent of the energy need expected to be covered by oil imports by 2035. Fossil fuel subsidies have significantly increased, rising from US$20 billion in 2017 to $50 billion in 2018. The current growth rate of conventional energy supply would not only lead to energy security issues but also exacerbate climate change — if renewable sources are not taken into account. During the recent ASEAN Ministers on Energy Meeting (AMEM) in Bangkok, Indonesian then-deputy minister of energy and mineral resources Arcandra Tahar noted the importance of biofuel. In a separate discussion, he said biofuel could not only alleviate countries’ dependency on fossil f...