Southeast Asia to Miss Green Goal on Slow Storage Deployment

Southeast Asia will miss its renewable energy production goal, highlighting the difficulties in weaning the region off fossil fuels like coal and liquefied natural gas, according to an intergovernmental think tank.

Clean power will make up 19% of the regional total by the end of next year, the ASEAN Centre for Energy said in a report, compared with an Association of Southeast Asian Nations target of 23%. Southeast Asia may become a net importer of LNG by 2027, it said.