IDEAS home Printed from https://ideas.repec.org/h/wsi/wschap/9789819815708_0007.html

Financial Requirements for Carbon Neutrality in the Power Sector of the ASEAN: Perspectives from An Integrated Power Trade Model

In: GREEN FINANCE AND ENERGY TRANSITION IN ASEAN

Author

Listed:
  • Youngho Chang

Abstract

Carbon neutrality in the power sector implies a transition to zero- or low-carbon-emitting electricity generation technologies such as hydropower, wind energy, solar energy, geothermal energy, biofuels, and even natural gas with or without carbon capture and storage. This study aims to estimate the financial requirements of carbon neutrality in the ASEAN power sector under the assumptions of various allowed levels of cross-border power trade and explore possible policy options to meet the financial requirements. The ASEAN power sector has massive potential for renewable resources such as hydropower, wind, and solar. It appears to have applicable power technologies to achieve net-zero emissions by 2050. This study presents that “the lower the level of cross-border power trade, the greater the amount of aggregated added capacity.” However, the financial requirements of realizing added capacity to achieve carbon neutrality appear considerable. Policy implications to facilitate the financial requirements are to be drawn from the key findings.

Suggested Citation

  • Youngho Chang, 2026. "Financial Requirements for Carbon Neutrality in the Power Sector of the ASEAN: Perspectives from An Integrated Power Trade Model," World Scientific Book Chapters, in: Phoumin Han & Farhad Taghizadeh-Hesary & Fukunari Kimura & Rabindra Nepal (ed.), GREEN FINANCE AND ENERGY TRANSITION IN ASEAN, chapter 7, pages 203-234, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789819815708_0007
    as

    Download full text from publisher

    File URL: https://www.worldscientific.com/doi/pdf/10.1142/9789819815708_0007
    Download Restriction: Ebook Access is available upon purchase.
    File URL: https://www.worldscientific.com/doi/abs/10.1142/9789819815708_0007
    Download Restriction: Ebook Access is available upon purchase.
    ---><---

    As the access to this document is restricted, you may want to

    for a different version of it.

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;

    JEL classification:

    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development
    • Q50 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - General
    • Q40 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - General
    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
    • G23 - Financial Economics - - Financial Institutions and Services - - - Non-bank Financial Institutions; Financial Instruments; Institutional Investors

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wsi:wschap:9789819815708_0007. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Tai Tone Lim (email available below). General contact details of provider: http://www.worldscientific.com/page/worldscibooks .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.