Development of clean energy crucial for SE Asia's future – IEA

02 November 2010 05:05  [Source: ICIS news]

SINGAPORE (ICIS)--Rapid large-scale development and deployment of clean energy in southeast Asia is crucial to ensure energy security in the future, a senior industry executive said on Tuesday.

The region's energy demand was expected to expand 76% by 2030, a faster rate of growth than  the rest of the world, said Nubuo Tanaka, executive director of the International Energy Agency, at the sidelines of the IEA's Clean Energy Technologies Symposium in Singapore.

"This rapid growth in energy demand will require enhanced energy efficiency to ensure security, growth and sustainability," Tanaka said.

The region's share of global carbon dioxide emissions was also expected to reach 5% in 2030, from 3.5% today, increasing the need for improved energy efficiency, he said.

"While we see the green shoots of an energy technology revolution happening, we must lock in and accelerate this revolution," Tanaka said. "With the right government policies, we can act now to grow these long-awaited green shoots."

To discuss issues facing the chemical industry go to ICIS connect

By: Nurluqman Suratman

AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly

Get access to breaking chemical news as it happens.
ICIS Global Petrochemical Index (IPEX)
ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index