Green Finance
Rising power demand to test Asia’s coal retirement plans
Financing renewables, transition infra could generate up to US$19 billion in investment opportunities across Malaysia, Philippines
Tom King
11 Nov 2026
Southeast Asia’s ambitions to accelerate the retirement of coal-fired power plants faces mounting pressure from surging electricity demand, particularly from the rapid adoption of artificial intelligence and development of data centres, raising fresh questions about how the region will finance its transition to cleaner energy, according to a recent report.