Advancing Access to Renewable Energy in Southeast Asia to Enhance Energy Security

Farhad Taghizadeh-Hesary, Ehsan Rasoulinezhad, Han Phoumin and Lilu Vandercamme

Chapter 1 in Energy Security, Transition, and Economic Growth, 2025, pp 3-23 from World Scientific Publishing Co. Pte. Ltd.

Abstract: This study introduces a multidimensional dependent variable, the green power index (GPI), as a relevant indicator for evaluating sustainable power markets and examines its key drivers. Using a product lifecycle management estimator within an Autoregressive Distributive Lag panel model, the analysis covers nine Southeast Asian countries. The findings suggest that economic growth, higher foreign direct investment (FDI), increased research and development (R&D) efforts, enhanced governance, and privatization are significant contributors to fostering a sustainable power market and ensuring energy security in the short and long term. Conversely, rising electricity prices may impede progress. The empirical results highlight critical policy recommendations, including reforming electricity tariffs, promoting green growth, and enhancing trade, investment, and cooperation among Southeast Asian nations and other global economic players to strengthen energy security.

Keywords: Energy Security; Energy Transition; Just Transition; Economic Growth; Green Growth; Sustainable Development; Renewable Energy; Green Finance; Climate Finance; Carbon Emissions Reduction; Carbon Markets; Energy Efficiency; Environmental Sustainability; Policy Recommendations; Regional Analyses; Country-Level Studies; Energy Intensity; Capital Efficiency; Solar Technology Adoption; Health and Pollution; Southeast Asia; Central Asia; OECD Countries; Developing Economies; Electricity Tariffs; Energy Governance; Fossil Fuel Dependency; Economic Resilience; Agricultural Energy Use; Virtual Power Plants; Energy Policies; Energy Economics; Energy Poverty; Clean Energy Transition; Financial Incentives; Global Energy Markets (search for similar items in EconPapers)
JEL-codes: O13 Q01 Q42 Q43 Q48 Q54 (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.worldscientific.com/doi/pdf/10.1142/9789819812608_0001 (application/pdf)
https://www.worldscientific.com/doi/abs/10.1142/9789819812608_0001 (text/html)
Ebook Access is available upon purchase.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wsi:wschap:9789819812608_0001

Ordering information: This item can be ordered from

Access Statistics for this chapter

More chapters in World Scientific Book Chapters from World Scientific Publishing Co. Pte. Ltd.
Bibliographic data for series maintained by Tai Tone Lim ().