Asia School of Business

Global Inquiry, Local Heart

Storage or Transmission? A Techno-Economic Analysis of ASEAN Grid Flexibility

Tiesa Willemen & Pieter E. Stek

The ASEAN region is undergoing rapid transformation in its energy sector, with electricity demand growing at over 7% annually, nearly double the global average. While fossil fuels still dominate the energy mix, renewable energy now accounts for 35% of installed capacity, primarily from hydropower and solar PV.