APAC
Price hike, supply issues to continue straining gas power in Asia: Fitch
This will particularly impact Japan, South Korea and Taiwan.
Price hike, supply issues to continue straining gas power in Asia: Fitch
This will particularly impact Japan, South Korea and Taiwan.
Solar PV to lead addt’l RE capacity in 2022: IEA
Global renewable energy installations are expected to reach around 300GW.
Global RE installations rose 6% to almost 295GW in 2021: report
China accounted for almost half of the installations.
Why are Asia’s decarbonisation efforts falling short
More than solutions, the markets need stronger energy security and targets, expert claims.
UN-Energy Plan of Action to support energy transition launched
The plan committed to supporting providing electricity access to 500 million people.
Europe to emerge as Asia’s competitor in the LNG market: Analyst
This comes as Europe seeks non-Russian LNG supply amidst the Putin-led conflict.
How will the Russia-Ukraine conflict impact Asia’s net zero targets?
Markets are suffering higher inflation and supply chain disruptions.
How to reduce your steam turbine outage costs?
As the world pushes for sustainability, the energy industry is, if not the most, pressured as governments and key players race to net-zero.
Tailoring Climate Innovation in Southeast Asia
Global momentum is building to achieve net zero in greenhouse gas (GHG) emissions—and to do so more quickly than previously envisioned. Getting there will require unprecedented levels of innovation. Some estimates, such as the P4 pathway defined by the Intergovernmental Panel on Climate Change (IPCC), show that today’s technologies have the potential to reduce global emissions by about two-thirds. More innovation-driven projections—such as IPCC’s low-energy demand pathway, P1—do not bank on any new technologies but instead assume radical business model and policy innovation.
Lack of strong decarbonisation agenda poses risk to Asia’s energy transition
A clear policy and target are needed to secure investments for energy goals.
APAC to lead battery storage market through 2026: GlobalData
It is projected to account for 68% of the global market value.
Natural gas demand to slip in 2022 amidst Russia-Ukraine conflict: IEA
The downward forecast is equivalent to 50 billion cubic meters of LNG.
Masdar, Kyrgyzstan to explore renewable energy opportunities
This includes the development of a ground-mounted and floating solar PV amongst others.
Global onshore wind capacity rises 72.5GW in 2021
China and the US were the top onshore wind markets.
Public clean energy spending jumps 50% to $710b since October 2021
Advanced economies accounted for $370b of the amount.
Asia needs to increase RE capacity 4 times by 2030 to fulfil climate targets
The region's capacity has to reach 5,442GW to meet the 1.5°C Scenario.
Energy spending to hit record high of over $2t in 2022: report
This will be led largely by oil and gas, Rystad Energy projected.
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