From gas to wind and solar, geothermal to wave energy, Asia has an abundance of low-emission energy it can tap.The challenge lies in developing the infrastructure to get it to market.
A Pan-Asian Energy Infrastructure
By 2050, Asia could be connected by vast energy and information architecture
The paybacks will be enormous: expanded regional wealth, increased energy supply security, quickened industrial innovation, deeper geopolitical cooperation, lower greenhouse gas emissions.
In its report: “Asia’s Energy Challenge, 2013” the Asian Development Bank calls for Asian ministerial-level discussions to be held on deeper regional energy market integration. This matters because bits and pieces of a Pan-Asian Energy Infrastructure arealready taking shape.
These include the Association of Southeast East Asian Nation States’ Trans-ASEAN Gas Pipeline (TAGP) and Trans-ASEAN Electricty Grid (TAEG). These would more deeply bind ASEAN’s 14-member states into a single energy market.