SE Asia green power demand to rise by over 100TWh
A report by Bain and Standard Chartered forecasts that data centers and electric vehicles will drive over 100 terawatt hours of new power demand by 2030. This growth requires 200 billion dollars in investment, though grid constraints and regulatory hurdles continue to delay many renewable projects.
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STANDARD CHARTERED PLC and Bain & Company forecast Southeast Asia's power demand from green sectors will grow by more than 100 terawatt-hours in the next three to four years. This surge requires $200 billion in investment, with data centers accounting for more than half of the total capital needs. Investors face an $18 billion annual grid investment shortfall that threatens to stall regional digital and industrial expansion.
