We spoke with Yatim Premchand, Managing Director – Asia Pacific for Black & Veatch and Ville Rimali, Business Development Manager at Wartsila about the energy transition in South-East Asia.
They covered aspects such as the challenges utilities face when technology consistently outpaces regulation, investment and subsequent adoption, with examples like the Philippines, and the availability of the cheapest power on historic record, but a change in perceptions is required.
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One of those is that subsidisation is already in place, although hidden, and has the potential if positioned properly, to increase renewables adoption, shift perceptions and policies around cheap energy and attract further financial investment.