NordCham Member Focus – Wärtsilä’s Rethinking Energy in Southeast Asia
NordCham member and Finnish manufacturing powerhouse Wärtsilä held a press conference to launch their market report, titled; "Rethinking Energy in Southeast Asia: Snapping our future with a clear roadmap to net zero".
Speaking at the report’s launch, Wärtsilä’s Director of Sales Febron Siregar summarised the report and outlined Wärtsilä’s proposed solutions for decarbonisation trends, along with the Government of Indonesia’s net-zero emissions target by 2050.
Key findings from Wärtsilä’s report include:
- Indonesia’s 2050 net-zero emissions target is technically and commercially feasible for South-East Asian power systems and infrastructure.
- Renewable energy sources can meet rising demand at a lower cost of production than legacy fossil fuel baseload power sources.
- Phasing out coal usage should be a priority for South-East Asian states.
- Flexible technologies are needed to support the integration of renewable energy and achieve an optimal power mix across the region.
Having been established in 1834 and commencing operations in Indonesia in 1978, Wärtsilä has significant understanding of doing business in Indonesia. Their commitment to the Government of Indonesia’s 2050 net-zero emissions target demonstrates the positive impact Nordic businesses can have in the achievement of this goal.
Find out more about their report here.