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14 Mar 2025

A Practical Approach to Asia’s Energy Transition

A Practical Approach to Asia’s Energy Transition
Mrs Somruedee Chaimongkol, Senior Executive Officer & Former CEO of Banpu, receiving the “Female Executive of the Year Award” at the Power & Energy Award 2023, as part of Enlit Asia 2023, Jakarta.

Asia’s energy transition is gaining momentum as countries work to balance economic growth, energy security, and sustainability. The challenge is not just about adopting new technologies but ensuring that the shift to cleaner energy is measured, realistic, and effective.

Mrs. Somruedee Chaimongkol, Senior Executive Officer & Former CEO of Banpu Public Company Limited, has been actively involved in shaping corporate strategies that support this transition. Her approach focuses on clear targets, strong leadership, and smart investments in technology to help businesses move toward a more sustainable future without compromising reliability or growth.

A Step-by-Step Approach to Change

The Energy Transition is not something that happens overnight. Chaimongkol believes in a step-by-step approach, starting with global sustainability goals—such as the UN Sustainable Development Goals (SDGs) and COPs commitments—and then adapting them to fit local realities.

Rather than pushing for drastic changes, Banpu emphasises the need for gradual, well-planned progress. Setting clear milestones, like reducing greenhouse gas  emissions by 20% by 2030 using 2025 as a baseline, allows businesses to track their progress while adjusting to new technologies and policies.

Leadership plays a key role in making this happen.

“Boards of directors must take responsibility for energy transition efforts, ensuring that sustainability is part of overall business strategy, not just an add-on.”

What Companies Need to Focus On

For energy transition to succeed, businesses need to integrate sustainability into their daily operations and long-term planning. This means making decarbonization a core business priority, rather than treating it as an obligation.

Technology will be a big driver of change. Smart grids, energy storage, and digital platforms will help companies improve efficiency and integrate renewable energy more smoothly.

“Digital tools are just as important as clean energy itself, as they allow businesses to manage energy use more effectively and keep grids stable.”

Measuring progress is also crucial. For instance, tracking emissions and setting clear benchmarks ensures that companies stay on course and meet international standards. Without data-driven strategies, it’s hard to know whether transition efforts are making a difference.

Beyond renewables, emerging solutions such as carbon capture, hydrogen, ammonia, and advanced energy storage will play a big role in keeping the balance between sustainability and energy security. Companies investing in these areas now will be better prepared for future regulatory and market shifts.

Opportunities and Challenges in Asia’s Energy Sector

There is no one-size-fits-all solution for energy transition in Asia. Each country has different resources, infrastructure, and policies, so strategies need to be flexible and adapted to local needs.

At the same time, collaboration will be essential. Governments, industries, and technology providers must work together to align policies, investments, and innovations. No single entity can drive the transition alone, so partnerships will be key to moving forward.

Join the Conversation at Enlit Asia 2025

The energy transition is a journey that requires collaboration, knowledge-sharing, and innovative thinking. Mrs. Somruedee Chaimongkol is part of this larger discussion, bringing her expertise to the table as businesses and governments work toward a more sustainable and secure energy future.

Themed “Advancing a Realistic Energy Transition for ASEAN,” Enlit Asia 2025 will serve as a platform for industry experts to exchange ideas, explore solutions, and drive meaningful action. As an esteemed advisor for Enlit Asia 2025, Chaimongkol plays a key role in shaping conversations that bring together policymakers, energy leaders, and technology innovators to address the challenges and opportunities unique to the region.

Returning to Bangkok on 9-11 September 2025, Enlit Asia will be the meeting place for those committed to shaping the future of energy in Asia. For more information, visit www.enlit-asia.com

 

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