Energy Horizons whilst assessing South Asia's Renewable Future, Chinese Investment Collaboration, obstacles and Geopolitical Dynamics
Keywords:
South Asia, China, Energy, Geopolitics, Investments, BRI, Energy TrilemmaAbstract
The energy requirements in South Asia are rapidly increasing, presenting a growing challenge for satisfying these demands. This difficulty arises from the elevated expenses associated with traditional energy sources, the unsustainable patterns of energy consumption, and the substantial emanations they generate. Although South Asia boasts abundant potential for renewable energy (RE), particularly hydropower, it still needs to be utilized. This article explores the future of RE in South Asia, examining the role of Chinese investment and geopolitical dynamics. With escalating energy demands in the region, attention has turned to sustainable solutions amidst concerns about security and environmental impact. Chinese investment offers potential avenues for RE development in South Asia, yet it involves complex geopolitical considerations. The qualitative method is used to find the answer to the question. The provision of energy services must prioritize minimal environmental impact. Fossil fuel combustion has emerged as a significant impediment to sustainable progress in South Asia. Although RE has undergone substantial progress in recent years, there remains a need to draw upon the insights garnered from this progress for further application. This article proposes potential solutions to promote renewable energy (RE) sources in South Asia via various approaches.