Accelerating Renewables Growth in ASEAN

Eight of the 11 member states of the Association of Southeast Asian Nations (ASEAN) have adopted net zero emissions targets, and recent national energy plans outline substantially higher ambitions for renewable capacity. Achieving these goals will require timely, sustained and strongly co-ordinated policy action to unlock the scale of renewable energy deployment needed by 2030 and beyond.

This report examines the key challenges hindering a faster capacity deployment of renewable power in ASEAN and outlines potential policy solutions informed by successful international experience. It also provides an assessment of renewable-energy auction design options, an increasingly important procurement mechanism that is expected to account for around 60% of global capacity growth by 2030 and is already utilised in several ASEAN countries.