Grid Bottlenecks Could Slow Southeast Asia’s Power Demand Surge

Data centers, electric vehicles (EVs), and green industrial clusters are expected to lead to about 100 terawatt-hours (TWh) of incremental power demand in Southeast Asia by 2030, but slower grid infrastructure development could slow the rollout, a report by Bain & Company and Standard Chartered showed on Monday. The incremental demand from data centers/AI, green industrial parks and EV infrastructure is enormous, with the expected growth tripled compared to about 30 TWh in additional demand in the five years to 2025. But Southeast Asia will…