MARKET INSIGHT

Challenges and opportunities for ASEAN's regional REC system

ASEAN countries, with abundant renewable energy sources, have long been hoping to draw on the EU's Guarantees of Origins (GoOs) to develop a regional REC system that can capitalize on the strengths of each member country.

• Renewable Energy Certificate

Green finance development in Southeast Asia

In the face of escalating climate change, energy transition has become an urgent issue, which should be addressed through shifting towards sustainable and environmentally friendly energy sources. During the transition process, green finance plays a key ro

Impact of 24/7 clean energy on green energy market in Asia Pacific

According to Our World in Data, energy use accounts for 73.2% of the total carbon emissions. Such a high proportion has made renewable energy the key to achieving net zero emissions and has driven governments and companies to set 100% renewables target.

Challenges facing food Industry on the road to carbon reduction

The global food supply chain accounts for 26% of total greenhouse gas (GHG) emissions, including land use, freshwater withdrawal, livestock farming, and transportation. As environmental awareness grows, the carbon footprint of food products is gaining sig

• Carbon

REM Asia 2023 highlights: Challenges and opportunities facing Asia's carbon markets

In response to the global net zero trend, governments in Northeast and Southeast Asia have announced policy plans, covering carbon taxes, carbon trading, as well as mandatory and voluntary markets. While everything seems in the progress, the Renewable Ene

• Carbon

Renewable energy market trend and procurement options in Southeast Asia for 2023

This article aims to provide businesses with an overview of the current market situation and procurement methods for renewable energy in Southeast Asia, which can serve as a reference for establishing their plants in the region.

Southeast Asian countries' ambitions for voluntary carbon market

In recent years, carbon markets have gained increasing attention from governments, corporations, and investors. In Southeast Asia, Thailand and Malaysia have established voluntary carbon credit trading platforms and exchanges in 2022.

• Carbon

Class 3 renewables potential in Southeast Asia: Geothermal energy in Indonesia

Both Indonesia and the Philippines have abundant geothermal resources. Indonesia, in particular, has the greatest potential in Southeast Asia.

Class 3 renewables potential in Southeast Asia: Biomass energy in Thailand

It is nearly impossible for businesses to achieve 100% renewable energy use (RE100) depending solely on wind or solar energy, especially with the bundled REC mechanism and 24/7 use of renewable energy. Therefore, most companies that have completed RE100

Carbon neutral: How to buy carbon credits (Part II)

This section will focus on the differences between these trading platforms and the international standards that allow them to distinguish themselves in the voluntary market.

• Carbon

Carbon neutral: How to buy carbon credits (Part I)

Companies need to assess carefully whether the carbon credits in which they intend to invest are eligible for future offsets.

• Carbon

Energy strategies for businesses: illustrated by the Taiwanese market

Although the use of renewable energy is a market trend, it increases costs and inconvenience for businesses to purchase electricity. Such concern becomes the reason why many enterprises hesitate to go green. This chapter analyzes the challenges enterprise