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Japan is still feeling the effects on its power supply as a result of the Fukushima tragedy last year.

Will all the efforts to reduce dependence on thermal energy sources bear fruit or go in vain?

The chances of Asia outpacing the West in terms of investments on smart grid are slim in the near term, says an industry player.

Thermal installations are expected to account for just 64.8% of total installed capacity by 2020 from the over 72% reported in 2010, says the GlobalData.

Asia has now become the global center for new trends in emission trading but it must be vigilant not to commit same mistakes as the West.

Experts believe that gas will account for almost 90% of total electricity produced by 2020, but is the country prepared to face various supply risks?

Power Plants being built from now on need to be Carbon Capture ready. The price for electricity produced for fossil fuel power plants equipped with CCS plants will becomparable to nuclear, geothermal, on-shore wind and hydro sources by 2015, saysPhilippe Paelinck, Alstom's Director of CO2 Business Development.