APAC
Asian Oil and Gas Awards is now open for nomination
Deadline for submission of entries is on 23 September 2022.
Asian Oil and Gas Awards is now open for nomination
Deadline for submission of entries is on 23 September 2022.
Power amongst top sectors focused on ESG investments
Around 91% of executives in power companies expect ESG investments to rise.
Asia leads in biomass capacity additions
The region is more cost attractive compared to North America and Western Europe.
Nuclear agencies call on G7 to support nuclear tech access
The agencies raised the need for incentives and enhanced policies.
Battery energy storage investment to climb US$20b in 2022: IEA
This is largely led by grid-scale deployment.
Record global energy investment to grow 8% to $2.4t in 2022: IEA
This is on the back of investment in renewables and grids.
IRENA, OPEC Fund tie up to advance RE investment
This is in pursuit of a “just, inclusive, and equitable energy transition.”
Asia to account for over 60% of global solar growth
Solar capacity in the region will grow by about 760GW from now to 2031.
Asia overtakes Europe as key importer of seaborne Russian oil: report
India’s imports alone grew 658% against 2021 levels.
‘Strongest’ growth potential in gas-to-power sector seen in APAC: report
This includes Southeast Asian markets, such as Vietnam, and the Philippines amongst others.
APAC is ‘outperformer’ in gas generation: Fitch
Its gas generation volume will rise by 898TWh from 2022 to 2031.
Non-hydropower to grow 230GW annually from 2020 to 2024
Asia will be the key growth driver, accounting for 55% global generation growth.
IESA, Korea partner to promote energy storage in India, South Korea
The MoU will take effect for three years.
RE adoption to accelerate due to gas market volatility
Asia is expected to generate 831TWh of gas-fired power over the decade.
Global coal generation seen to rapidly decline over the decade
Asia is the only region that will post growth in coal generation.
IRENA’s energy transition finance platform gets $400m in funding
The platform targets to deploy 1.5W of new renewable power across developing countries by 2030.
Low carbon hydrogen demand likely to grow over 600Mt in 2050: report
This is up from the current 1Mt.