Growing risks in Asean
An unsettling wave of power outages has swept across the globe, from Bali’s island-wide blackout that paralysed the tourism-dependent economy, to Spain and Portugal’s outage that suspended critical operations and transport. Closer to home, Singapore’s recent outage immediately interrupted the daily lives of residents, despite the city’s high grid reliability.
These incidents have raised concerns about the resilience of global energy systems, especially with the growing integration of renewable energy into existing power grids. For businesses in the hyperconnected Asean region, which are grappling with the pressure of climate-driven energy transitions, these disruptions underscore the urgent need to strengthen energy resilience — the only way to secure competitive advantage and future-proof our enterprises.
