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Fortune
Fortune
Yew-Poh Mak, Philip Rao

Why an ASEAN power grid is key to tapping Southeast Asia's green potential

(Credit: Nhac Nguyen—AFP via Getty Images))

The International Energy Agency reports that energy demand across Southeast Asia rose at twice the global average rate in 2024 and finds that consumption is set to double by 2050. To maintain rising living standards, economies across the region are pushing into higher-value and more energy-intense industries, data centres being one obvious example.

That creates a problem.

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