Accelerating ASEAN’s Energy Transiti...
Author: 1) Sheng Zhong, 1) Lingyi Yang and more
The study explores decarbonization strategies for the ASEAN power sector from 2018 to 2050, proposing integrated models incorporating renewable energy, carbon capture, and cross-border transmission grids, with transmission contributing minimally to costs (up to 0.3%) but potentially reducing cumulative system costs by 10.8%, requiring a total investment equivalent to 29.6%-44.2% of ASEAN's 2018 GDP, and highlighting the need for country-specific investments to achieve a carbon-neutral power sector.
Publisher
SSRN
ASEAN
August 2023