1 michael taylor siew irena roundtable introduction

THE TRUE COST OF RENEWABLES:

ASIA’S UNTAPPED ECONOMIC

POTENTIAL

Michael TaylorSenior Analyst

SIEW,

30 October 2014

2

The Voice, Advisory Resource and Knowledge Hub for 170 Governments

The International Renewable Energy Agency

Renewable energy can:

Meet our goals for secure, reliable and sustainable energy

Provide electricity access to 1.3 billion people

Promote economic development

At an affordable cost

3

The global Context

The urban middle class is growing

Electricity demand will grow rapidly

in non OECD

But huge untapped markets will remain

4

The energy world is changing

5

Renewables account for

majority of new capacity

6

Employment in Selected Countries

Renewable Energy Jobs

Doubling the share of renewable energy:

Benefits for health, environment and the economy

Our Policy Advice

8

REMAP 26

REMAP +9

Clean Energy Corridor

Renewable Readiness Assessments

WAPP

CAPP