Southeast Asian Countries have great Energy Efficiency Potential

SINGAPORE has the greatest investment potential in Southeast Asia when it comes to energy efficiency improvements, with other countries close behind, according to a new report funded by the British government.

The benefits of energy efficiency initiatives are clear, as the investments would help the region's businesses cut back on energy consumption while maintaining output. Singapore offers the greatest potential but there is also plenty to be gained from energy efficiency also in Malaysia, Indonesia, the Philippines, Thailand and Vietnam.

The report, by investment firm ReEX Capital Asia, assessed investment potential across these Asian countries based on energy prices, regulatory conditions and the market size in each country.

Singapore could take up to US$1.1 billion worth of investments in energy-saving technologies and techniques, according to the report, with the other countries following close behind.

Tuesday 15th February 2011

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