KETEP 세계에너지시장정보

CHAPTER 1 Renewable energy markets in Southeast Asia 
 ASEAN: Green transition accelerates amid renewable energy development challenges 6
 Vietnam: Policy-driven growth positions offshore wind and solar at the core 9
 Thailand: Policy expansion boosts momentum for market liberalization 12
 Philippines: Foreign investment drives green energy as auctions expand 15
 Malaysia: Policy and market synergy fuels solar and hydropower expansion 18 
 Indonesia: Policy reforms advance while solar and geothermal growth remains limited 22
 Singapore: Expanding regional cooperation while strengthening solar and storage deployment 26

CHAPTER 2 Global carbon market overview 
 European Union: Prices hit three-year low despite supply tightening 31
 China: Policy momentum pushes prices to historic highs 33
 South Korea: Oversupply persists, structural reforms continue 34

CHAPTER 3 Global carbon policy tracking
 United States: Uncertain climate policy amid diverging paths for clean energy and carbon markets 36 
 European Union: Tighter ETS and CBAM rollout accelerate market reforms 38
 Asia Pacific:
  China: Market expansion and CCER revival to boost decarbonization 41
  South Korea: Expanding participation and carbon diplomacy to strengthen market dynamics 42
  Thailand: Modest carbon tax and latent potential in carbon trading 43
  Malaysia: Local carbon credits gain momentum as market and tax systems align 44
  Vietnam: ETS progress delayed while cross-border potential gains traction 45
  Indonesia: Carbon tax faces delays amid push for international trading 46

Conclusion 
 Navigating the road to 2025: Strengthening local momentum and regional strategies 50
 About the Author 52
 About RECCESSARY 53