Asian ministers pledge more support for renewables

SIEM REAP, Cambodia, July 20, 2005 (Refocus Weekly)

Countries in Asia will intensify their efforts to promote partnership in the promotion of solar, wind, geothermal, hydro and biomass energy, according to a statement by the Association of Southeast Asian Nations.

“We were gratified that member countries had made commendable effort over the past one year to promote the production and utilization of renewable energy with a view to ... increase the share of renewable energy in power generation in the region to 10% by 2010,” ASEAN energy ministers agreed after their 23rd meeting since the group was established in 1967.

“We accorded high priority to promotion of energy efficiency in the transportation and industrial sectors, as this may be one of the most economical and effective ways to mitigate the adverse impacts of higher oil prices,” the statement said. “We affirmed our commitment to constantly finding ways to boost energy efficiency, including putting in place tax incentives for companies that invest in energy efficient technologies and upgrading existing equipment to become more energy efficient.”

ASEAN will continue to implement efficient policy programs to encourage the use of energy labels and standards to improve energy efficiency of appliances and equipment, since greater efficiency of energy end-use in buildings, industry and transportation can significantly reduce energy demand and reduce emissions from upstream energy generating plants. The ministers also agreed to popularize cogeneration technology as a method to enhance energy efficiency.

The final communique affirmed a commitment to promote the use of natural gas because it is cleaner, and is “pleased to note that natural gas has become the dominant fuel for power generation in some of the ASEAN member countries.” The ministers are “committed to create a favourable investment climate in the oil, gas and electricity industries in the region” and will mitigate the economic impacts of the increasing energy costs through an array of joint programs which focus on implementation of “coordinated efforts to integrate alternative and renewable energy sources into the regional energy supply chain, undertaking feasibility studies on oil stockpiles, cooperating closely to maintain the stability of the energy market and preparing contingencies for supply disruptions.”

The meeting also awarded the ASEAN Energy Awards under the Best Practices Competition for Energy Efficient Buildings and Renewable Energy Project Competition.

ASEAN was established in 1967 by Indonesia, Malaysia, Philippines, Singapore and Thailand. Brunei Darussalam, Vietnam, Laos, Myanmar and Cambodia joined later. The ASEAN region has a population of 500 million, total area of 4.5 million km2, a combined GDP of US$737 billion and a total trade of US$720 billion.


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