Is Southeast Asia a good place to invest in energy storage?

Image: ACEN. There has been an uptick in energy storage investment in Southeast Asia, a region still largely powered by coal and experiencing high growth in population and energy demand. Andy Colthorpe speaks with companies working to establish a framework of opportunities in the region.

What is the Energy Outlook for Southeast Asia?

In Asia, cooling is of equal, if not greater, concern. The IEA Southeast Asia energy outlook 2019 states ON THE DEMAND SIDE, ELECTRICITY CONSUMPTION IN SOUTHEAST ASIA DOUBLES TO 2040; THE ANNUAL GROWTH RATE OF NEARLY 4% IS TWICE AS FAST AS THE REST OF THE WORLD.

Why should businesses invest in solar energy in South-East Asia?

Business insights centering on South-east Asia's fast-growing economies. BESS can provide a stable and consistent energy supply despite disruptions or outages. For businesses, especially those already invested in solar energy, BESS helps to optimise energy usage, reduce costs, and enhance sustainability efforts.

What is happening in South-East Asia?

The situation is even more dire in South-east Asia, with a staggering 80 per cent of the energy mix dominated by these finite resources. This alarming scenario necessitates immediate action to avert an impending energy crisis and detrimental climate change impact, stirring concern and motivating us to act.

How will Bess help Southeast Asia reshape the energy landscape?

By providing flexible, reliable, and scalable power, BESS enables Southeast Asia to overcome traditional infrastructure limitations and embrace a sustainable future. What role will BESS play in reshaping Southeast Asia’s energy landscape? Explore the insights here.

Why should South-East Asia adopt Bess?

In a region historically reliant on imported fossil fuels, BESS offers a decentralised energy model that empowers nations to harness their abundant renewable resources. Furthermore, adopting BESS presents an opportunity for South-east Asia to leapfrog traditional energy infrastructure limitations and embrace a sustainable energy future.