The study is to examine the new energy security dimensions that are emerging with the advent of the energy transition and to include the impacts of the worldwide COVID-19 pandemic on global energy markets and energy security especially in the Asia-Pacific region. It analyses and summarizes the global and regional energy megatrends in the Asia-Pacific region until 2020 in the light of the global climate policies and the Sustainable Development Goals (SDGs). It also addresses the short-term impacts of the global pandemic on the energy markets and developments, abut also consider the implications of a longer-term recovery from COVID-19 on global and regional energy security. In addition, it analyses the future challenges of the electrification of the transport sector and industry sectors, including the rapidly rising electricity, the electrification of the transport sector and the perspectives for batteries and the importance for energy security in both sectors.