Southeast Asia energy outlook 2022

The report offers insightful prospects for the ten member countries of the Association of Southeast Asian Nations (ASEAN) - Brunei Darussalam, Cambodia, Indonesia, Lao People’s Democratic Republic (Lao PDR), Malaysia, Myanmar, the Philippines, Singapore, Thailand and Viet Nam. The energy prospects for Southeast Asia have been affected by the COVID-19 pandemic, new energy and climate policy commitments and, most recently, high and volatile prices exacerbated by the Russian Federation invasion of Ukraine. COVID-19 led to a major economic shock for countries in Southeast Asia and the economic recovery now risks being slowed by higher energy prices. In the run up to the UN Climate Change Conference (COP26) in November 2021, several governments in Southeast Asia announced ambitious targets for reaching neutrality and curbing reliance on coal-fired power