东盟能源投资洞察：东盟能源投资的进展和潜在去风险工具

Progress and Potential De-risking Instruments of Copyrights ©ASEAN Centre for Energy, 2025 Unless otherwise stated, all content and materials in this publication are the exclusive property of the ASEAN Centre for Energy (ACE) and areprotected by copyright. Permission to use, share, copy, print, and/or store these materials is granted, provided that proper attribution to ACE is clearly Published by: ASEAN Centre for EnergySoemantri Brodjonegoro II Building, 6th fl.Directorate General of ElectricityJl. HR. Rasuna Said Block X-2, Kav. 07-08Jakarta 12950, Indonesia About ACE The ASEAN Centre for Energy (“ACE” or the “Centre”) is an intergovernmental organisation driving multilateral energy cooperation and policycoordination among the ASEAN Member States. The Agreement on ASEAN Energy Cooperation in Manila, Philippines, on 22 May 1998, formallyestablished ACE on 1 January 1999 in Jakarta, Indonesia. The formal establishment tasked ACE to serve as the regional energy think tank, catalyst, The three critical roles of ACE:1.To advance the ASEAN energy goals by unifying and strengthening the ASEAN energy cooperation and integration.2.To function as an energy data and knowledge hub by providing knowledge repository and services.3.To serve as an ASEAN energy think tank by assisting in research and practical solutions for the Member States. Keeping the region’s improvement, sustainable and harmless to the ecosystem is a fundamental concern of the ASEAN energy sector. Hosted by theMinistry of Energy and Mineral Resources of Indonesia, ACE’s office is located in Jakarta, Indonesia. For more information on ACE website: ASEAN EnergyInvestment Insights Progress and Potential De-risking Instruments ofASEAN Energy Investment ASEAN Energy Investment: 2025 Insights The ASEAN Energy Investment Insights: Progress and Potential De-risking Instruments of ASEAN Energy Investment is a mini-report that provides quick insights on several key issues related to the progress of ASEAN energy investment. On this first edition The publication is authored by Ambiyah Abdullah, Rhea Oktaqiara, and Alifya Athia Qorina from the Energy Modelling and PolicyPlanning (MPP) Department, and reviewed by Beni Suryadi, Senior Manager of APAEC Department. Recognition for meaningfulguidance is given to Zulfikar Yurnaidi as Head of the MPP Department and Dato’ Ir. Ts. Razib Dawood as Executive Director of ACE. This publication is part of the Investment Pathways for ASEAN Low-Carbon Energy (INSPACE) project. The selected topiccomplements two flagship ASEAN energy investment reports published in 2025, the ASEAN Energy Investment 2025 and ASEAN Key Messages Energy Transition Investment is gaining momentum with stronger regionalcommitment to clean energy and climate change, but remains below thescale required to meet these targets. ASEAN’s energy investment remains largely concentrated in fossil fuels, while cleanenergy investment continues to lag behind transition needs. The 8th ASEAN Energy Outlook estimates renewable power investment needs ofUSD 11.5–79.5 billion by 2030, up fromUSD 8.1 billion in 2022. ASEAN faces an estimated annual energy transition financing gap ofUSD 170 billionby 2030, includingUSD 150 billion for clean energy investment. In 2025, the region advanced key milestones, including the launch of theASEAN Power Grid Financing (APGF)platform. Scaling clean energy investment will require stronger deployment of de-riskinginstruments, including guarantees, blended finance, and risk-sharing mechanisms. Current Landscape of ASEAN Energy Investment ASEAN’s energy investment mix remains fossil-heavy, highlighting the needto accelerate capital reallocation toward energy transition in the region. Over the last decade, the energyinvestment mix in ASEAN has While renewable energyinvestment is rising, it is notsufficient to meet the 2030 RE Redirecting the investmenttowards energy transition targets Understanding the risks and thepotential de-risking instrumentsare two key steps need to be ASEAN Energy Transition Investment Needs Clean energy investment in ASEAN must be scaled up to narrow thecurrent investment gap and to meet the energy transition targets. The 8th ASEAN Energy Outlookprojected the annual clean powerinvestment cost in short-term (2023- Investment needs are expected torise most sharply in the powersector, driven by significant demand The investment gap in ASEAN by2030 is estimated to be around USD Bridging this gap is essential to meetthe APAEC 2026–2030 target of 30%of RE and energy transition in 2025 Policy Momentum: Launch of the APAEC 2026-2030 and NDC Updates Regional and national policy commitments are strengthening ASEAN’s transitionambition, urging the region to redirect capital mobilization, improve the bankabilityof clean energy projects, and expand access to international financial sources. The regional energy blueprint,ASEAN Plan of Action for EnergyCooperation (APAEC) 2026–2030,has set share