This piece was written with Graham Provost, intern at the World Resources Institute.
The agenda at this week’s Pacific Energy Summit, hosted by the National Bureau of Asian Research, in Hanoi, Vietnam, includes increasing energy security, expanding access to energy, and decarbonizing the power sector. Given these goals, plus the staggering growth in energy demand in Asia, as well as increasingly volatile fossil fuel prices and rapidly falling renewable energy costs, there are many opportunities to scale up renewable energy throughout the region. (For more on renewable energy’s rapid growth see here and here.) In order to take advantage of this fast-moving sector and develop internationally competitive domestic industries, countries need to have a strong capacity for innovation.
A new conference paper, "Taking Renewable Energy to Scale in Asia," explores these opportunities and challenges for the Summit Participants.