Does ASEAN need energy storage?

The ASEAN energy storage landscape is undergoing a significant transformation driven by the region's ambitious renewable energy goals and growing energy demands. The ASEAN Centre for Energy (ACE) projects the region's total final energy consumption to increase by 146% by 2040, highlighting the urgent need for robust energy storage systems.

Does Singapore have a battery energy storage system?

Of the 11 ASEAN members, Singapore is taking the lead in the battery energy storage systems (BESS) space. Earlier this year, the city-state launched the region’s largest battery energy storage system (BESS).

What will ASEAN's Energy Future look like?

ASEAN’s power generation is expected to make a substantial shift towards renewable energy, particularly solar and wind, with the RAS and CNS leading this transition. Energy storage technologies, including Battery Energy Storage Systems, will play a critical role in stabilising the grid and supporting the ASEAN Power Grid.

How is ASEAN transforming its energy landscape?

The ASEAN region is witnessing a significant transformation in its energy landscape, driven by ambitious renewable energy storage targets and the need for grid modernization.

How can ASEAN improve energy security?

Energy security remains a concern due to geopolitical tensions, market volatility, and the low-carbon transition. To strengthen energy resilience, ASEAN must prioritise optimising and decarbonising its energy sector, ensuring access, affordability, efficiency, and security, while contributing to economic growth and global climate goals.

What is a battery energy storage system?

A battery energy storage system is a power station that uses batteries to store excess energy. A BESS is a potential unsung hero in the world’s efforts to pivot to more renewable energy sources in the power sector.