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[Episode #93] – Energy Transition in India and Southeast Asia, Part 2

This is Part 2 of our two-and-a-half hour interview with Tim Buckley, of the Institute of Energy Economics and Financial Analysis, based in Australia. We featured Part 1 in Episode 91, in which we primarily discussed the future of coal fired power in India. In this second part, we expand on the India story and look more broadly at energy transition across Southeast Asia, and consider the outlook for coal, renewables, and nuclear power in China, Japan, Bangladesh, Pakistan, and Malaysia, among others. As he did in Part 1, Tim shares with us in this episode a fascinating set of data on the future of energy in Southeast Asia that is oftentimes at sharp variance with the projections that we hear from energy watchdogs like the International Energy Agency. Tim tells a much more hopeful story about energy transition in the developing world. For example: If you think that China’s building more coal plants means that its coal consumption is going to go up, think again! Energy transition is moving ahead, and will move ahead, much more quickly in Southeast Asia than any of our major agencies project, and that is great news for the climate.


Tim Buckley is Director of Energy Finance Studies for the Institute of Energy Economics and Financial Analysis (IEEFA), with a key focus on the Indian electricity sector transformation. Tim has 30 years’ financial markets experience, covering Australia, Asian and global equities. He provides financial analysis in the electricity sector for IEEFA, studying energy efficiency and renewables across China and India, and stranded asset risk in Australia. Tim was co-founder of Arkx Investment Management, a global listed clean energy equities fund, and prior to that, was Managing Director at Citigroup and Head of Australasian Equity Research.

On Twitter: @TimBuckleyIEEFA

On the Web:  Tim’s publications for IEEFA

Recording date: February 10, 2019

Air date: April 17, 2019

Geek rating: 4