Asean cooperation in energy sector must now evolve into integration
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ASEAN is set for remarkable growth and opportunity. Its 10 member nations represent a market of more than 600 million consumers and a combined gross domestic product of nearly US$3 trillion. These figures are increasing by the day, and the region's prosperity and stability continue to grow.
As Asean grows, a reliable, accessible and sustainable supply of energy will be essential. South-east Asia's energy consumption is expected to more than double over the next two decades.
Securing this energy will be no easy feat. Like countries and regions around the world, Asean faces the challenge of overcoming what is called the "energy trilemma" - finding the right balance between energy security, environmental sustainability and economic competitiveness.
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