Southeast Asia targets a geothermal power boom by 2050, despite financial and community hurdles.

Geothermal energy has significant potential in Southeast Asia, especially in Indonesia and the Philippines, but faces financial and community challenges. Despite risks and high costs, the International Energy Agency forecasts a tenfold increase in the region's geothermal power generation by 2050. Both countries aim to boost geothermal use, with Indonesia targeting an 8% increase by 2030 and the Philippines planning to add nearly 1.5 gigawatts. Solutions include blended finance and improved community engagement.

December 02, 2024
18 Articles