TOKYO -- ASEAN needs to more than double its power capacity in less than 20 years to meet burgeoning demand. British energy research and consultancy group Wood Mackenzie reported last week that the region requires $500 billion worth of investment to achieve such a goal.
ASEAN, whose current combined GDP is around $2.8 trillion, needs to construct an additional 270 gigawatts of generating capacity by 2035. Current capacity is 209GW.
