ASEAN’s Coal Trend: Challenges and Opportunities in Welcoming ASEAN Economic Community

ASEAN’s Coal Trend: Challenges and Opportunities in Welcoming ASEAN Economic Community

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  • Author: Asra Virgianita, Santi Hapsari Paramitha and Meliana Lumbantoruan
  • Publication Year: 2015
  • Publication Place: Jakarta
  • Publisher: Publish What You Pay Indonesia
  • Language: Bahasa Indonesia
  • Short Description:

ASEAN’s energy consumption is predicted to increase due to the region’s significant economic and population growths. The consumption of coal continuously increase as a replacement of oil and gas. ASEAN holds an important role in the consumption and production of coal in the Asia-Pacific. Based on the chain value approach, producer states of coal in ASEAN have a large opportunity to increase their market through bilateral trade and through the ASEAN Economic Community (AEC). The AEC can help to integrate markets in ASEAN, develop the awareness of ASEAN member states to develop infrastructures for energy sufficiency and clean coal. The production of coal in ASEAN still relies on Indonesia as the region’s main exporter. Policies in each ASEAN member state share many similarities, which help create a space for further regional cooperation in energy. The future of coal in ASEAN deeply depends on technological advances, improvement of governance, transportation efficiency and inter-state connectivity. Improvement of cooperation and coordination must become a key strategy for ASEAN member states to ensure their preparedness in welcoming AEC.