KETEP 세계에너지시장정보

Executive Summary 3
Introduction 4
Investment Opportunities and Challenges 6
ASEAN Renewable Power Investments 8
The role of blended finance 11
Cost of capital metrics for ASEAN infrastructure and renewables 12
Onshore Wind 14
Utility-Scale Solar PV 16 
Commercial- and Industrial-Scale Solar PV 17
Financial performance of ASEAN infrastructure and renewables 19
Historical risk and return 19
Priorities and Potential Solutions 22
Box 1: Better data and transparency – The Cost of Capital Observatory 22
Box 2: Stronger remuneration frameworks – the case of auctions in Cambodia 23 
Box 3: More robust market for sustainable finance – ASEAN taxonomy 24
Box 4: Enhanced role for DFIs and blended finance 25
Box 5: Risk Management – Exchange Rate Coverage Facility 26
Box 6: Improved power system connectivity – the ASEAN grid 27
Conclusion and Implications 28 
Annex A: Country Sheets 30
Annex B: IEA Scenarios 42
Annex C: SE Asia Unlisted Infrastructure Index Breakdown (EDHEC) 43 
Annex D: Index Return and Volatility Calculation Methodology 44