The Indonesian government is encouraging businesses to develop electric cars to create more environmentally friendly transportation, said the Transportation Ministry’s expert of staff for technology and environment affairs Prasetyo Buditjahjono.

Solar power costs will fall by another 60 percent over the next decade giving an already booming market another boost, the head of the International Renewable Energy Agency (Irena) said on Monday.

The ten countries of the Association of Southeast Asian Nations (ASEAN) represent one of the most dynamic parts of the global energy system and their energy demand has grown by 60% over the past 15 years.

Tapping into solar energy at home currently means having rooftop solar panels installed, or if Elon Musk gets his way, solar tiles. But Michigan State University (MSU) has other ideas. It wants homes to generate lots of solar energy, but without without the rooftop modification.

Southeast Asian demand for oil will keep growing until at least 2040 as emerging nations there rely on the fossil fuel to transport their rapidly growing populations, ship goods and make plastics, the International Energy Agency said on Tuesday.

Global Infrastructure Partners looks to further diversify beyond fossil fuels. Global Infrastructure Partners' $40 billion portfolio includes the Edinburgh Airport, the Port of Melbourne, a leading shipping container terminal operator, and the largest rail company in Australia.

The smart energy market in Asia Pacific is constrained by delays in market liberalisation.

China will be among the biggest factors that shape the future of the energy and maritime sector in the next five to 10 years, according to panelists who participated in the Energy and Maritime Investment Conference organized by research company IHS Markit, in partnership with Nikkei, in Singapore on Thursday.

This new energy source could meet demand both day and night, solving the intermittency problems posed by solar and wind.

Even as other industries are swept up in waves of disruption unleashed by technology, the energy industry has been slow to embrace change.

Southeast Asia is at the forefront of a global energy-market transformation that is outpacing even the most ambitious predictions. In the last few days, a report from analyst Wood Mackenzie stated that the ASEAN nations will need to double their energy capacity in the next 20 years, at a cost of more than US$500 billion.

Malaysia is the world’s third-largest exporter of liquefied natural gas and the only net exporter of energy among Asia’s major economies. So it stands to reason that energy prices and output levels hold great sway over the economy, and Malaysia’s currency. Unfortunately for the Southeast Asian nation, oil prices have tumbled and domestic production is close to peaking.