Energy transition a ‘race against time’, not a competition between countries: Teo Chee Hean

Temasek Chairman Teo Chee Hean said the global energy transition is “a race against time” rather than competition between countries, urging Asia to strengthen resilience, self-reliance, and sustainability amid geopolitical uncertainty. Speaking at Ecosperity Week 2026 in Singapore, Teo highlighted electrification, sustainable digital infrastructure, and climate adaptation as key priorities for accelerating decarbonization. He stressed that renewables are increasingly important for energy security and noted that climate adaptation must now stand alongside mitigation as a core priority. Teo also pointed to Asia’s central role in the transition, citing China’s electrification efforts, India’s renewable expansion, and Southeast Asia’s growing green economy. Indonesian minister Agus Harimurti Yudhoyono also emphasized cleaner energy development for the country’s nickel industry.
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