A new decisive moment for renewable energy
Decentralised, regionally integrated energy systems grounded in renewables offer greater predictability
IT IS time for countries to reinforce their renewable-energy strategies, not only for climate action, but also because renewables are the most resilient and no-regret economic pathway for development, security, decarbonisation and competitiveness.
Furthermore, rising geopolitical tensions have made energy security a top national priority for many countries.
While it is far too early to understand the full consequences on global energy markets, the current military escalation in the Middle East has once again exposed the volatility of our economies to oil and gas price shocks, underscoring the urgent need for a more resilient energy architecture.
TRENDING NOW
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
Is it time to scrap COE categories for cars?
Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why
Former manager with DBS Bank admits cheating 7 victims, including his uncle, of over S$1 million