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Sheltering From Oil Shocks Air transport fuels
…yield reductions in jet kerosene demand by between 7% and 15%.How governments can enable this: Governments can launch campaigns to encourage companies to limit air travel for work whenever possible. Governments lead by example by limiting air travel for public officials and encouraging more meetings to take place virtually.Policy examples: In response to the 2026 crisis in the Middle East, several governments have limited travel for work by public officials. For example, Thailand has suspended overseas trips for government agencies and state enterprises, while Egypt, Pakistan and Viet Nam have all announced measures to limit public official travel.
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Global Energy Review 2026 Technology: Electric vehicles
…was in part supported by growing imports from China as intense domestic competition pushed Chinese manufacturers to seek export markets. In India, annual sales of all EVs reached a new record of 2.3 million units as electric car sales increased by over 75%. Electric car sales in Southeast Asia more than doubled in 2025, driven by sales in Thailand and Viet Nam. One of Southeast Asia’s largest car markets – Indonesia – also added significantly to the growth, seeing its electric car sales rise by 125%. Electric car markets in Latin America and the Caribbean saw around 70% annual growth…
- Key findings
- Global trends
- Oil
- Natural gas
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+ 9 pages
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Global EV Outlook 2026 Executive summary
…In the United States, electric car sales remained relatively stable at just under 10% of car sales, though the end of EV tax credits coincided with a drop in sales at the end of the year. Meanwhile, some emerging markets saw steep increases in electric car sales. In Southeast Asia, annual sales more than doubled to reach a sales share of nearly 20%, led by Viet Nam, Indonesia and Thailand. In Latin America, sales grew by 75%, led by Brazil and Mexico. More than 100 countries recorded electric car sales growth in 2025, and in one-third of these, they represented…
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Southeast Asia Energy Outlook 2026 Southeast Asia’s energy challenges and emerging opportunities
…risks, including CO₂ emissions and air pollution, which contributed to an estimated 330 000 premature deaths in 2024. Measures implemented as of 7 May 2026. FX = foreign exchange. CB = central bank. Interest in nuclear power is growing as Southeast Asian countries look for firm, low-emissions electricity to meet rising demand and diversify power systems. Indonesia, the Philippines and Viet Nam have set development targets, while Malaysia, Singapore, Thailand and Myanmar are considering nuclear. Nuclear could strengthen electricity security by providing firm power, reducing fossil fuel imports and complementing renewables. However, projects require strong regulatory institutions, skilled workforces…
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Integrating Solar and Wind in Southeast Asia Executive summary
…Near-term VRE integration challenges in Southeast Asia are manageable with proven, low-cost measures Growing solar PV generation will create new flexibility demands, but most ASEAN member states can integrate higher VRE shares through 2030 by applying proven measures and without major system overhauls. Today, all ASEAN countries except Viet Nam operate in VRE integration phases 1-2 where VRE has minor to moderate impact on the power system. Most countries are expected to remain in these phases until 2030. At these low phases, integration challenges are manageable. Key integration measures include unlocking flexibility of existing conventional power plants…
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Viet Nam joins the IEA Family
…Viet Nam will participate more closely in the IEA's work on energy security, data and statistics, technology, analysis and policy dialogue. The decision builds on strengthened cooperation in recent years, including the signing of a Memorandum of Understanding in June 2025 establishing a framework for collaboration on energy data and statistics, energy technologies, power sector enhancement, energy efficiency, critical minerals and rare earths, investment and people-centered transitions. Viet Nam is one of Southeast Asia’s fastest growing economies and has the second largest energy system and power market in the region. Viet Nam has set out ambitious plans…
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Weighted Average Cost of Capital for utility-scale solar PV in Indonesia, Viet Nam and the Philippines, 2022-2024
Weighted Average Cost of Capital for utility-scale solar PV in Indonesia, Viet Nam and the Philippines, 2022-2024 CofCapital observatory
SE Asia update -
Weighted Average Cost of Capital by technology in Indonesia, Viet Nam and the Philippines, 2024
Weighted Average Cost of Capital by technology in Indonesia, Viet Nam and the Philippines, 2024 CofCapital SE asia commentary
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Share of electricity in total final consumption by country in Southeast Asia, 2005, 2015, and 2024
Viet Nam Brunei Darussalam Singapore Malaysia Laos Philippines Indonesia Thailand Cambodia Myanmar Electricity
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Generation capacity located in a river floodplain by country in Southeast Asia, 2025
Asia Pacific Indonesia Viet Nam Thailand Cambodia Philippines Coal Natural Gas Oil Solar PV Wind