Sustainable Energy Transition In South Asia Challenges And Opportunities

With South Asia's growing energy demand, governments in the region are facing the short-term pressures of facilitating energy access, while attempting to formulate long-term sustainable strategies. This book explores how the key economies of South Asia are addressing issues such as the diversification of energy consumption profiles and import sources, investments in renewables, enabling universal energy access, challenges to regional energy cooperation, greenhouse gas emissions and climate change, and the policy changes that can foster bilateral and multilateral action.As governments seek to ensure access to affordable, reliable, secure, sustainable and modern energy, trends and drivers are emerging and shaping the South Asian energy landscape. The first section of the book examines energy trends at the regional level, while the second section focuses on the internal and external challenges faced by India — the largest energy consumer in the region and the third-largest energy consumer in the world.The diverse perspectives in this volume provide a holistic snapshot of South Asia's ongoing low-carbon energy transition, and highlight the importance of the region working collectively to navigate the many obstacles.

South Asia constitutes a key geography in the world today considering its large population and related daunting energy and environmental challenges. Many countries in the region are faced with a growing gap between energy demand and local resources, resulting in an increased dependence on imports. According to the International Energy Agency (IEA), the energy demand in South Asia will grow at a rate more than double that of the world average in the coming decades. This book addresses the critical subject of energy and environmental outlook for South Asia and presents the wider challenges and the responses at the national and regional level. Features: Discusses and addresses the ongoing energy and environmental challenges faced by almost a quarter of the global population Includes dedicated chapters for each country and presents analysis and recommendations by regional experts Examines how deteriorating air quality and persistent natural disasters are severe environmental challenges for the region Discusses the implications of global warming and climate change for South Asia Includes practical case studies throughout Energy and Environmental Outlook for South Asia will benefit a wide range of stakeholders from various fields including but not limited to energy, environment, economics, national security, and sustainable development. It also serves as a valuable resource for academics, researchers, analysts, policymakers, and representatives of utilities, industry, professional bodies, financial institutions, think tanks, and developmental organizations to better plan their initiatives, activities, and policies. It will help countries in the region and also those around the world by learning from shared experience, and ideally by collaborating for energy and environmental prosperity.

This book covers critical debates on policies, markets and emerging issues that shape renewable energy transition in the Asian region, which is fast becoming an epicenter of the global energy consumption. The chapters focus on domestic policies, geopolitics, technology landscape and governance structure pertaining to the development of renewable energy in different Asian countries ranging from China to the Middle East. The book presents an insightful view of the pace and magnitude of the energy transition. It presents critical steps countries are taking to promote affordable and clean energy (SDG 7) as well as strengthening climate mitigation actions (SDG 13). In addition, this book introduces the concept of co-innovation---a collaborative and iterative approach to jointly innovate, manufacture and scale up low-carbon technologies---and its role in promoting energy transition in Asia. Chapter 8 (Renewable energy deployment to stimulate energy transition in the Gulf Cooperation Council) is available open access under a Creative Commons Attribution 4.0 International License via link.springer.com.

The South Asia Regional Energy Study was completed as an important component of the technical assistance project Preparing the Energy Sector Dialogue and South Asian Association for Regional Cooperation Energy Center Capacity Development. It involved examining regional energy trade opportunities among all the member states of the South Asian Association for Regional Cooperation. The study provides interventions to improve regional energy cooperation in different timescales, including specific infrastructure projects which can be implemented during these periods.

In 2010, we can expect that oil and gas prices will again increase beyond the US$100 per barrel, as the global economy recovers gradually from the global recession and uses more oil and gas. It is therefore important for the general public to read and understand more about complex energy issues which affect their lives. This useful energy book, based on lectures delivered at the ISEAS Energy Forum, as well as papers written by invited experts, provides a means to access energy information. It is part of the ISEAS Energy books series which serves to educate and raise public awareness on energy issues."e;As the author of The Grand Energy Transition (GET), I am naturally interested in energy books which discuss renewable energy and electric vehicles. The Grand Energy Transition shows us how to accelerate the transition to the sustainable energy gases of natural gas, wind, solar and hydrogen. What is clear is that we cannot continue with business as usual. It is imperative that energy consumption patterns should immediately begin to change dramatically. For this to happen, the public must be kept informed and mobilized. One excellent tool for public education is the ISEAS energy book with its wealth of information and which covers a wide range of energy issues. I appreciate ISEAS' good work done via the energy seminars and books, and I commend this book as an important read on energy issues."e; - Robert A. Hefner III, Founder, The GHK Company."e;The issues of environment, climate change and energy continue to feature prominently on the international agenda. There is clearly a higher level of public awareness and debate. The Copenhagen Conference focuses global attention on global warming and the rise in sea level, and provides opportunity to take a step towards transition to a low-carbon economy. Shell is working on energy and environmental issues, and continues to contribute resources, technology and skills to these global challenges. This ISEAS energy volume is timely, and a comprehensive in-depth analysis and recounting of the facts and challenges."e; - Lee Tzu Yang, Chairman, Shell Companies in Singapore

This book provides several up-to-date empirical policy-oriented studies on assessing the impacts of climate change on various economic sectors and the role of renewable energy resources in mitigating pollution and climate change. It suggests various policy recommendations on how to increase the share of renewable energy resources in the energy baskets of the members of the Association of Southeast Asian Nations (ASEAN) and the rest of the world to ensure energy sustainability. As of 2020, most of the world’s energy investment still went to carbon-emitting sources, namely, fossil fuels. On the other hand, the Covid-19 pandemic and the economic Project Overview 20 March 2021 08:39 Page 6 of 9 downturns shrank the global energy demand, including fossil fuels, resulting in a sharp drop in their prices. Low fossil fuel prices are harmful to developing renewable energy projects, making solar, wind, and other renewable energy resources less competitive as sources of electricity. This is endangering the Paris agreement and the “Climate Action” goal of the United Nations. Given the high share of fossil fuels in the energy mix of the members of ASEAN, tremendous challenges must be faced for their energy transition in the post-Covid-19 world. The authors call for sound policy and applicable technologies to ensure sustainable energy availability, accessibility, and affordability to reach emission reduction targets.

An understanding of the role of energy-related governance systems and the conditions required for a shift towards renewables in developing countries is urgently needed in order to tap into the global potential of low-carbon development. Although renewable energy sources have become technically feasible and economically viable, social and political factors continue to persist as the most critical obstacles for their dissemination. How Power Shapes Energy Transitions in Southeast Asia conceptualizes power for the field of sustainable energy governance. Based on empirical findings from the Philippines and Indonesia, the book develops an analytical approach that incorporates power theory into a multi-level governance framework. The book begins with a profound background on renewable energy development around the world and presents major trends in development cooperation. A power-based multi-level governance approach is introduced that is rooted in development thinking. Examining how coordination and power relations shape the development and dissemination of renewable energy technologies, the book also shows how decentralization affects low carbon development in emerging economies. Sparking debate on the ways in which energy transitions can be triggered and sustained in developing countries, this book will be of great interest to students and scholars of renewable energy development and environmental politics and governance as well as practitioners in development cooperation.

Notwithstanding global growth weakness and financial pressures, growth in South Asia is expected to remain robust, supported by slower fiscal consolidation than in other EMDEs, strong public investment, and a recovery as financial stress has subsided. Policy challenges include, in the short-term, preserving financial stability and restoring fiscal sustainability and, in the long-term, rekindling investment, and managing an energy transition. Currently, the energy intensity of South Asian economies is almost twice the global average—despite a decline over the past two decades that was almost entirely driven by firm-level, within-sector cuts in energy intensity. The potential benefit of regulatory policies, information interventions, and financial support to help accelerate the diffusion of these technologies, as well as the possibility that these could also lend broader support for countries' development objectives. The transition away from fossil fuels may have considerable labor market impacts. A wide range of policies, including better access to high-quality education, finance, and markets; improved labor mobility; and strengthened social safety nets, will be needed to facilitate the adjustment in labor markets while protecting vulnerable workers.