Wärtsilä’s report shows: Southeast Asian countries can smoothly transition to net zero by mid-century, slashing emissions and the carbon tax cost burden
Wärtsilä Corporation, Press release, 14 September 2022 at 05:00 AM EESTPower system modelling by the global technology group Wärtsilä has revealed that renewable-based power systems, backed by grid balancing engines and energy storage, can enable Southeast Asian countries to reach net zero by mid-century whilst cutting the levelised cost of electricity (LCOE) by over 20%, when taking into account likely future carbon taxes.
The modelling, published in Rethinking Energy in Southeast Asia report, simulates the paths to net zero emissions in three major Southeast