Clean‑energy initiatives in 6 SEA economies outnumber fossil fuel during ME crisis
A Zero Carbon Analytics report reveals that six major Southeast Asian economies implemented clean energy initiatives at a four-to-one ratio over fossil fuel projects during the first six months of the Iran energy crisis. Countries like Indonesia, Thailand, and Vietnam are actively pursuing solar infrastructure, electric vehicles, and direct renewable power purchases.
Why it matters
This indicates a significant shift towards renewable energy in a rapidly growing economic region, demonstrating resilience and commitment to green technology even amidst global energy market volatility.
Published: 12 minutes ago Photo by Scott Graham via Unsplash Clean‑energy initiatives in 6 SEA economies outnumber fossil fuel during ME crisis Renewable measures covered solar EVs and direct green power purchases.
Long-term renewable and electrification policies in six major Southeast Asian ( SEA ) economies outpaced fossil fuel initiatives at a ratio of four to one during the first six months (6M) of the Iran energy crisis, according to Zero Carbon Analytics (ZCA).
Indonesia, Malaysia, Thailand, Vietnam, the Philippines, and Singapore introduced 37 clean energy policies between 28 February and 21 August, compared with 29 fossil-based ones during the period.
This comes as crude oil became more volatile than 95% of all six-month periods since 2007, according to the crude oil volatility index, marking one of the most turbulent episodes for oil markets in nearly two decades.
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