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1、Unlocking Clean Energy Growth Why Southeast Asias Power Markets Need ReformJanuary 2026 By Marko Lackovic and Alexandre SalesseBoston Consulting Group partners with leaders in business and society to tackle their most important challenges and capture their greatest opportunities.BCG was the pioneer
2、in business strategy when it was founded in 1963.Today,we work closely with clients to embrace a transformational approach aimed at benefiting all stakeholdersempowering organizations to grow,build sustainable competitive advantage,and drive positive societal impact.Our diverse,global teams bring de
3、ep industry and functional expertise and a range of perspectives that question the status quo and spark change.BCG delivers solutions through leading-edge management consulting,technology and design,and corporate and digital ventures.We work in a uniquely collaborative model across the firm and thro
4、ughout all levels of the client organization,fueled by the goal of helping our clients thrive and enabling them to make the world a better place.Contents01 Rising power demand meets Southeast Asias fossil-fueled status quo02 The Legacy of PPA-based power markets in Southeast Asia03 Recenteffortstowa
5、rdsflexibilityenablingrenewableinvestments04 A measured path forward for single-buyer marketsWhats next to energize market transition?BOSTON CONSULTING GROUPUNLOCKING CLEAN ENERGY GROWTH:WHY SOUTHEAST ASIAS POWER MARKETS NEED REFORM 4SoutheastAsiaisenteringadefiningphaseofitsenergyjourney.Electricit
6、ydemandhasgrownbyroughly24%injustfouryears,yetcoalandgasstillsuppliedmostofthatincrease,evenasrenewabletechnologiesbecomecheaperandmoreaccessible.Thechallengenow is to take measured steps to adapt power-market structures so theycansupporttheregionsclean-energyambitions.Single-buyer models and long-t