Asia Pacific
Energy system of Asia Pacific
Home to more than half of the world’s population, the Asia-Pacific region will play a pivotal role in shaping our global energy future.
Energy trends in the China – the world’s largest energy producer and consumer – help set the trajectory for the global energy transition. While China’s demand for fossil fuels continues to grow, it is also the world’s leading clean energy powerhouse, adding renewable capacity at an unrivalled pace and dominating many clean energy supply chains.
India, meanwhile, is poised to see the largest energy demand growth of any country in the world over the next three decades, as industrialisation and urbanisation surge and per capita income rises sharply. Southeast Asia’s energy needs are also growing rapidly – underlining the challenges that countries in the region face to transition to sustainable energy sources and provide energy security.
Japan and Korea – large industrial economies that have historically relied heavily on imported fuels – are also mapping out secure decarbonisation pathways.
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Southeast Asia Energy Outlook 2024
The Southeast Asia Energy Outlook 2024 is the sixth edition of this World Energy Outlook Special Report, making Southeast Asia by far the most regularly updated regional outlook compiled by the International Energy Agency (IEA). This reflects the dynamism of the region, as well as the importance of the IEA’s partnership with the ten countries that make up the Association of Southeast Asian Nations (ASEAN). The relationship between the Agency and this region is being further strengthened in October 2024 with the opening in Singapore of an IEA Regional Cooperation Centre during the Singapore International Energy Week (alongside the release of this report). This is the first IEA office outside its Paris headquarters.