International Energy Agency Executive Director Fatih Berrill warned on Tuesday that geopolitical tensions have become an increasingly dominant factor in global energy markets. Berrill made these remarks while participating in the "Singapore International Energy Week" conference in Singapore.
Reuters quoted Berrill as saying that the war in the Middle East has brought about fundamental changes in global energy consumption patterns. He pointed out that these developments have stimulated growth in electricity generation from solar, coal, and nuclear energy, as well as the spread of electric vehicles.
For his part, Berrill noted that the concentration of clean energy supply chains in the hands of a small number of countries represents a emerging challenge for Southeast Asian nations. This comes amid rapidly growing energy demand in the region, where he saw the era of electricity arriving with continued use of oil and natural gas, including liquefied natural gas.
Berrill added that electricity demand in Association of Southeast Asian Nations (ASEAN) countries is rising at a rate comparable to twice the total energy consumption. He explained that this increase is driven by the electrification of industries, air conditioning needs, electric vehicles, and data centers.
Although Berrill did not specify the dominant countries, China is the world's largest supplier of renewable energy equipment. According to the "IMPER" Energy Research Center, Southeast Asian countries have spent more than $20 billion on Chinese-made clean technology products since the beginning of 2026 until now.
Source: Syrian Arab News Agency (SANA)
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