"Southeast Asian nations that include Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam ... [are] an economic juggernaut that will drive some of the planet’s largest growth in [the world's] energy demand. ...
"Each of these economic engines demands reliable, affordable electricity that operates 24 hours a day, seven days a week. ... 2023 witnessed a demand increase of nearly 45 terawatt-hours (TWh), an amount of energy that must be generated, transmitted regionally, and delivered locally on a continual basis. Where did this new power come from? Coal. An astonishing 96% of that new demand was met by coal-fired power plants.
"Let that sink in. Coal, the energy source routinely demonised in Western capitals and at global climate summits, met nearly all the region’s new electricity needs. This reality stands in direct contradiction to rosy predictions of a transition to 'renewables' manufactured by highly compensated executives at elite consulting firms who have spent the better part of a decade selling energy fairy tales to governments and investors.
"Indonesia alone added 11 TWh of coal-generated electricity in 2023, while its electricity demand rose by 17 TWh, with coal meeting two-thirds of this increase. The Philippines generates more than 60% of its electricity from coal, and Malaysia and Vietnam each around 50%. ...
"The wind and solar share across ASEAN remained a pitiful 4.5% in 2023. This minuscule contribution exposes the bankruptcy of consultants’ promises of 'renewables' dominating the regional power mix by mid-2020s. ...
"Oil, natural gas and coal collectively hold the major share of ASEAN’s primary energy mix ...
"Factories, petrochemicals, shipping, aviation, and agriculture all consume fossil fuels in large quantities.
ASEAN countries are committing hundreds of billions of dollars to fossil fuel infrastructure that will operate for decades. ... Nineteen projects across Malaysia, Vietnam, Brunei, Indonesia, and Myanmar hold more than 540 billion cubic meters of recoverable gas. Countries don’t spend billions developing gas fields if they plan to abandon fossil fuels within the next decade. ...
"These nations aren’t chasing arbitrary climate targets; they’re building the infrastructure of their future and prosperity for people."
1 comment:
45TWh a year is about NZ's consumption. About qurater of our power is generated by fossil fuels mostly gas. Electricity is about 40% of our energy consumption. Much of that not electricity is fossil fuels.
What the numbers mean is that even if NZ made no carbon dioxide emissions, that would be the same as the countries named growth in just a year. China and India's is orders of magnitude more.
So other than virtue signalling, why are we immiserating the country when it makes no difference?
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