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An Unexpected Threat to Southeast Asia’s Energy Transition (Climate Change News)
New development plans for renewable energy abound in Vietnam, Thailand and Indonesia. So why did 50-60% of them stall (or even be cancelled) between 2021-2025? A lack of grid resilience and policy clarity has meant that many projects such as Indonesia’s 2025-2034 Electricity Supply Business Plan are often paused before construction even begins. Unclear power purchase agreement structures, the failure of power policies to match investor needs,…