APAC
Net-zero track needs $4.18t annual investment in 2026-2030
This is double the required $2.06t annual investment between 2022-2025.
Net-zero track needs $4.18t annual investment in 2026-2030
This is double the required $2.06t annual investment between 2022-2025.
Direct PPAs should be scaled up: Asia Clean Energy Partners
But doing so poses financial risks to the operator due to the longevity of contracts.
APAC energy transition investments reach $368b in 2021
The region accounts for 49% of the global energy transition investments.
Electricity demand grows 3.8% in Southeast Asia last year after 2020 decline: IEA
This was met by renewables as well as coal, and gas generation.
APAC electricity demand to grow 4% annually to 2024
The growth rate stabilises following an 8% increase in 2021.
Asia amongst key drivers of growth in nuclear power: report
32 nuclear reactors under construction are expected to bring 30GW in electricity per year.
HPCL-Mittal Energy Ltd wins big at the inaugural Asian Oil and Gas Awards; bags two prestigious awards
One of the youngest and technology-driven refiners in India, HMEL has strategically positioned itself to deliver superior value through process automation of refinery and pipeline operations.
Financing the future of green hydrogen
The next energy market disruptor, green hydrogen is moving at lightspeed and global investment, with strong policy support and replication of the solar learning curve, is adding to the momentum.
Asian LNG imports to grow 3.7% annually over the next decade
This is to support the increasing demand, according to Wood Mackenzie.
Geothermal power needs policy boost to stay on the net-zero track
Its annual capacity additions averaged only 500MW annually in the last five years.
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Solar power to get 'lion’s share' of funding in next 5 years
Over 58% agreed the sector will attract the bulk of investments in Asia.
Pressure from government is the top reason for RE investments
About 44.6% of surveyed firms in Asia said so.
Fewer are concerned over investment uncertainty in Asia's electric industry
24.6% cited it as the most challenging issue in the electric industry, a drop from 37.1% in 2020.
Renewable integration cited as most challenging issue in Asia’s electric industry
Around 35% said renewable integration is the top challenge for the industry.
7 in 10 leaders see hydrogen generation helpful in Asia's clean energy transition
Meanwhile, 51.4% believe that the answer is in retiring fossil-fuel generation.
Policies, underinvestment lead the biggest threats to Asia’s grid reliability
43.9% agree that policy debates serve as a hurdle in grid operations.