Does ASEAN need enabling policies for energy storage?

However, ASEAN has many untapped markets for energy storage applications. Hence, to maximise the market potential and accelerate the low carbon transition in ASEAN, this policy brief recommends several enabling policies for energy storage. [/vc_column_text] [vc_column_text el_class=”iframe-pub”] [/vc_column_text] [/vc_column] [/vc_row]

How will a new energy policy affect the energy sector?

It will continue to support PPPs and independent power producers as vehicles for attracting private capital into the energy sector. It will provide direct financing to companies, banks, financial intermediaries, and projects that increase clean energy and energy efficiency in the region.

Which countries are preparing for energy storage deployment?

Market dynamics, technical developments and regulatory policies that could be decisive for energy storage deployment in Australia, Mainland China, Malaysia, Singapore, South Korea, Taiwan, Thailand and Vietnam. This white paper explores the opportunities, challenges and business cases.

Why is heating infrastructure important in central and East Asian DMCs?

Heating infrastructure is essential in most Central and East Asian DMCs. 58. ADB will promote clean and efficient heating supply solutions. Electricity and renewable energy were introduced to heating to replace fossil fuels.

Can energy storage solve intermittency challenges?

The growth in installed and planned renewable energy generation capacity has driven developers and utilities to evaluate energy storage as a potential solution to intermittency challenges for grid operation and stability and provided investors with increasingly attractive opportunities and projects.

How will ADB implement the proposed energy policy?

117. The implementation of the proposed energy policy will require adequate human and financial resources. The skills mix and technical capacity of ADB staff must be enhanced to deal with energy policy reforms, energy efficiency, and emerging low-carbon technologies.