Develop Low Carbon Economy Model for ASEAN Energy Outlook 8
As a think thank that provides policy advice aimed at accelerating the integration of energy strategies within ASEAN, the ASEAN Centre for Energy (ACE) is therefore responsible in publishing the ASEAN Energy Outlook (AEO) on a regular basis.
The AEO serves as a policy planning, agenda, and strategy reference for the ASEAN Member States (AMS) in shaping the future of ASEAN energy landscape. The Outlook complements and supplements the Outcome-based Strategies of the ASEAN Plan of Action for Energy Cooperation (APAEC) Phase 2: 2021-2025.
The latest published AEO was the 7th ASEAN Energy Outlook (AEO7), launched at the 40th ASEAN Ministers on Energy Meeting (AMEM) on 15 September 2022. The AEO7 marks the first ASEAN energy outlook, where ASEAN takes full leadership in data gathering, modelling, writing, and dissemination. The Outlook is a joint output of ACE with the active involvement of all 10 AMS under the directive of the Regional Energy Policy and Planning Sub-sector Network, and is supported by the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH through the ASEAN-German Energy Programme (AGEP), the Ministry of Economy, Trade and Industry (METI) of Japan, and the ASEAN Climate Change and Energy Project (ACCEPT). The ACCEPT team was strongly involved as member of the modelling team who designed the projected modelling scenarios in various scenarios.
The ASEAN Climate Change and Energy Project Phase 2 (ACCEPT II) will provide collaboration support for the development of the 8th edition of ASEAN Energy Outlook (AEO8). ACCEPT II will design a model and scenarios on low-carbon economy and carbon neutrality (net zero) under AEO8 (Project Output 2.2). The model will build on technological, economic and policy analyses and use regional and national dataset provided from the ASEAN Member states (AMS). This involvement aims to enhanced ASEAN’s capacity as a low carbon economy towards carbon neutrality and net zero future (Project Outcome 2).