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Renewable Energy Market in ASEAN

The ASEAN region presents huge opportunities for the use of Renewable Energy and member states are increasingly focusing on Renewable programs in order to reduce their dependence on fossil fuels. Renewable Energy systems and fuels help ensure a more sustainable and environmentally friendly power supply. They are also far more economical. Today, countries are doing their best to come up with individual renewable energy policies. For example.

• Thailand is currently promoting Renewable Energy as a national agenda supported by a Master Plan called "Alternative Energy Development Plan (2012-2021)." The goal is to increase the share of renewable energy to 25% of the country's energy demand by the year 2021.
• In Laos the government is embarked on developing Biomass, Biofuel and Wind Energy with the goal of achieving 30 percent of national energy consumption from Renewable sources by 2025.
• The Philippines has developed the Philippine Energy Plan 2007-2014 which emphasizes self-sufficiency for energy independence. The Plan increases the use of Renewable energy and alternative fuels for a much cleaner environment.
• The Malaysian Government has backed the launch of the Small Renewable Energy Power Program (SREP) which is among numerous steps being taken by the government to encourage the use of Re for clean power generation.

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