Fitch Solutions
Fitch Solutions provides crucial intelligence to help its clients understand and interpret markets, so they can protect their organisations’ interests and help to grow profitability.
What could drive blue hydrogen development
Asia Pacific accounts for the second largest share in the total carbon capture market.
What could drive blue hydrogen development
Asia Pacific accounts for the second largest share in the total carbon capture market.
China ranks 3rd amongst leading blue hydrogen market
It is behind the United States and Canada.
Pakistan will continue gas reliance in next decade
Gas-fired power will contribute an average of 31% to its power mix, Fitch Solutions projected.
Pakistan blackouts highlight ‘urgency’ of hydropower projects
Renewables expansion in the market is still unable to replace thermal power.
Pakistan’s ageing grid network may be behind major blackouts
Fitch has observed frequent blackouts in the past six months.
‘High’ green hydrogen production, consumption potential seen in Asia
The pipeline of green hydrogen projects in the region is around 65.6 GW.
Australia, Mainland China top Green Hydrogen Suitability Index in Asia
China is expected to exceed Australia in the medium to long term.
Vietnam’s energy transition faces hurdles due to gas-fired power growth
Whilst coal’s expansion was limited, natural gas production will be bullish.
Gas market outlook in China remains ‘bullish’
China’s gas demand is expected to grow up to 512bcm by 2031.
South Korea’s non-hydropower RE to post ‘strongest’ growth in electricity share
It is expected to reach 46GW in 2032.
Just Energy Transition Program to boost Vietnam’s 2050 net-zero target
The government could incorporate the JETP into its Power Development Plan 8, Fitch Solutions said.
Other RE sector in India to expand slower than solar: report
Onshore wind and biomass are seen to reach 90.3GW and 17.5GW in 2032, respectively.
India misses 2022 renewable capacity target
But the solar sector posted a sharp increase of 12.8GW during the period.
China, Australia drive Asia’s energy storage market: report
The markets to account for 31% and 26% of the total electricity generation.
US, Australia amongst leading battery systems market: report
The markets account for 55% of projects globally, Fitch Solutions reported.
‘Subdued’ long-term growth seen in Japan’s nuclear power sector: report
Nuclear power generation will likely increase to 88TWh in 2031 from 57.3TWh in end-2021.
Solar to see strongest growth in Japan’s power sector
It is expected to rise to 113GW in 2031.
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