CCTL Environmental, Energy and Climate Law Cluster Seminar – ‘Harnessing Opportunities for Renewable Energy Growth in Southeast Asian Power Systems: A Market Design Assessment’ by Mr. Ernst Kuneman
Southeast Asia is emerging as a global economic powerhouse, attracting record levels of foreign investment. With abundant renewable energy potential and growing investor interest, the region is well-positioned for a rapid expansion of solar and wind power. While some countries are already making strides, there is vast untapped potential for further growth across the region. A new report by Agora Energiewende, NewClimate Institute and the Energy Research Institute (Thailand) identifies key market and regulatory opportunities to accelerate solar and wind power deployment in ASEAN’s leading economies – outlining strategies to enhance investment certainty in renewables, unlock system flexibility, and phaseout coal power in a system-friendly way. This event will unpack the report’s findings and discuss how changes to existing market designs would enable countries to accelerate renewable energy growth.