As countries in ASEAN grow larger, energy consumers and global energy markets their will increasingly face new challenges to ensure that energy supplies are affordable. This is essential in order to support continued economic growth and development. In fact ASEAN’s energy demand will increase by over 80% between today and 2035. After having grown at double-digit rates each year since 1990 energy is now accounting for nearly 30% of global growth. The share of renewables in the primary energy mix falls along with the increasing use of modern renewables such as Solar, Geothermal, Hydro and Wind Power.
In light of this increasing energy demand, energy efficiency programs now offer large savings for the region as multiple new business opportunities open up. This indicates that by 2020, ASEAN could achieve energy efficiency gains of between 12% and 30%. While some gains in energy efficiency have been made, almost three-quarters of the area’s full economic potential is set to remain untapped by 2035.
The Malaysian Government is encouraging production of a Small Renewable Energy Power Program (SREP) which is among numerous steps being taken by the government to encourage the use of RE for clean power generation.Large areas of Myanmar have high solar irradiation levels. Subsequently Myanmar’s Biofuel potential is high and reflects the importance of the country’s agriculture sector. To date their main focus has been on hydropower investments.
government plans appear to focus on Wind energy and Biomass production. Biogas is also widely promoted in response to the animal waste problem.
is the world’s 2nd
largest consumer of geothermal energy and has a high capacity for Renewable energy. Their power generation mix is relatively balanced between Coal (28%), Hydropower (21%) and Geothermal (24%).
has significant Solar, Hydro and Biomass potential but presently operates only one 1.2 MW solar power plant.
’s Biomass Energy potential is diverse, with large concentrations of agricultural residues and growing feed stocks used for biodiesel and ethanol production.
is the biggest electricity consumer in the ASEAN region. Its geothermal and hydroelectric potential is set to increase its energy diversity.
The Lao PDR
government is targeting Renewable Energy resources to provide 30% of the country’s needs by 2025. Mini-Hydropower projects will contribute Solar, Wind, Biomass and Biogas Sources that will play a major role.
Solar Energy remains the most viable renewable energy option. Singapore's high average annual solar irradiation of about 1,500 kWh/m2 makes Solar Photovoltaic (PV) a potential renewable energy option.
has excellent solar power potential, and the government’s target of nearly 2,000 MW of solar PV installations by 2021, accounts for 20% of Thailand’s installed Renewable Energy. Off-grid applications and Solar PV is also increasingly competitive.
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