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This ASEAN Energy in 2026 is the latest edition of one of the flagship reports by ACE. Since 2022, the annual ASEAN Energy series analyses the key insights into Southeast Asia's energy landscape each year.
This policy paper provides a comprehensive overview of no-regret uses of hydrogen in Thailand’s energy transition. It outlines global trends in hydrogen development, examines the role of climate-neutral hydrogen in achieving a net-zero future in Thailand, and identifies priority applications for the energy sector where hydrogen can deliver clear and strategic value. The paper also presents policy recommendations to guide Thailand’s hydrogen deployment in the energy sector (power generation, industrial, and transport) in a cost-effective, secure and competitive manner.
The JETP Progress Report 2025 outlines the key changes and developments since the CIPP 2023, including updates on JETP governance, investment focus areas, financing progress,
This Policy Brief examines recent developments in global and regional LNG markets, with particular attention to Southeast Asia. It analyses the structural drivers of price volatility, including Europe’s increased reliance on LNG, China’s expanding and fluctuating gas demand, and the growing role of the United States as a major LNG supplier.
This study, conducted up to December 1st 2024, addresses the challenges of financing energy efficiency (EE) projects in Indonesia, focusing on perceived high risks, low profitability, and limited awareness of energy savings as a business case. It highlights a lack of market demand for EE, small transaction sizes, and insufficient evaluation capacities among local financial institutions (LFIs) as key barriers. These challenges hinder the implementation of EE measures, which could otherwise reduce electricity demand, save costs, and help achieve Indonesia’s climate commitments. The study’s purpose is to evaluate global and local EE financing mechanisms, identify best practices, and provide actionable recommendations for Indonesia.
The white paper Industrial Transformation in ASEAN: A Cluster-Driven Model for Regional and Global Collaboration examines South-East Asia’s rapid industrial growth while navigating rising energy demand and the energy transition. ASEAN is home to over 670 million people and is the world’s fifth-largest economy. As its economies expand, dependence on fossil fuels, fragmented policies and high financing costs risk undermining energy security, competitiveness and resilience.
Thailand’s growing reliance on liquefied natural gas (LNG) imports has become a defining feature of its energy trajectory, driven by compounding supply- and demand-side dynamics. This policy brief examines how rising LNG demand, expanding LNG infrastructure and deeper integration with global LNG markets are exerting mounting pressure on Thailand’s energy security, economic resilience and decarbonisation objectives. It sets out a strategic framework and policy recommendations to help Thailand redefine the role of LNG, and gas more broadly, within its energy landscape and advance a more secure transition pathway.
The study aims to inform the development orientation of financing framework that supports clean energy development including recommendations to optimize financing through Indonesia's Blue Book and Green Book, along with required de-risking instruments. The result shows that despite significant RE financing gap of the energy transition towards the net Zero Emissions target, existing financing mechanisms: particularly sovereign loans are still constrained by limited project readiness, high environmental and social (E&S) risks, and fiscal space considerations.