Press Release: August 12, 2015
Sustainable Energy & Technology Asia (SETA) has been set up by the Ministry of Energy for Thailand as a unique platform developed specifically for international, governmental and industry discussions and collaboration on developing sustainable energy policies for the ASEAN region’s future economic development.
Endorsed by the Ministry of Science & Technology and Ministry of Transport for Thailand, and supported by numerous other organisations , SETA will look at the links between the energy sector and high-energy usage industry sectors, including transport, manufacturing, engineering, retail, etc to develop cross-industry collaboration for reducing overall energy consumption.
Thailand has the second highest primary energy demand in the ASEAN region and energy consumption is set to jump by 75% over the coming two decades as the economy expands and a more affluent society takes to the roads in increasing numbers.
The Alternative Energy Development Plan states 25% of energy consumption needs to come from alternative energy sources by 2021, placing increased pressure of the development of credible policies and incentives to ensure targets are met.
These challenges are not unique to Thailand, which has seen energy demand in Southeast Asia expand two-and-a- half-times since 1990. Malaysia has seen an increase in energy consumption of more than 20% in recent years, Cambodia and Myanmar over 10% and Indonesia and Vietnam nearly 10%.
The ever increasing demand and thirst for cheap energy provides unique challenges for the industry and it is essential cross-industry collaboration, coupled with harmonious region-wide government policies, bring about change in the attitude towards energy consumption, sustainable energy production and reduction in carbon emissions.
For further details visit www.seta.asia.
For further information contact:
Ms. Supamas Phulsawat
T: +6689 686 5070
T: +44 7725 318601
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