APAC
Coal power remains dominant, comprising 35% of global electricity generation
China and India are the top producers of electricity using coal
Coal power remains dominant, comprising 35% of global electricity generation
China and India are the top producers of electricity using coal
PAG achieves $550m commitment for APAC renewable energy fund
It will initially focus on Japan’s solar power.
BESS gains edge with declining costs
It costs less compared to pumped-hydro storage and Compressed Air Energy Storage.
Global bioenergy electricity production rises 3.1% to record 697 TWh
China, Brazil, and Japan are the top bioenergy producers.
Nuclear power deemed Australia's most expensive energy source
It costs six times more than renewable projects.
Global nuclear generation up 1.8% in 2023, led by US and China
Japan saw the fastest growth in nuclear share as it resumed operations of reactors.
Six key actions to expedite offshore wind deployment
Collaboration of industry leaders and policymakers is vital to meet the ambitious targets.
Hydropower output drops to 5-year low globally
The gap left by hydropower was met by fossil generation.
Renewable energy share in world’s electricity mix surpasses 30%
China is the main contributor as it comprises over half of the wind and solar installations.
Pressures mount for less desirable energy insurance placements in the region
Industry experts eye offshore investments as most attractive, yet more expensive.
Offshore wind deployment timeline insufficient to meet 2030 targets
Only 233 GW will come online by 2030 based on the pipeline, way below the 494 GW goal.
LNG sector faces oversupply amidst sluggish demand growth
Global LNG supply will grow 40% in five years from 2023 to reach 666.5 mtpa by 2028.
Solar panel recycling market to witness steady growth, reaching $931m by 2029
Environmental regulations and government commitments will drive the market’s growth.
‘Hybrid approach’ essential for energy security amidst geopolitical instability
Conventional energy remains a part of the solution for energy security.
Global offshore wind capacity rose by 9.8 GW in 2023
The total offshore wind capacity reaches 67.4 GW.
Celebrate your exceptional energy and sustainability initiatives with Asian Power
The awards programmes are accepting nominations until 19 July 2024.
UNEZA aims to increase RE capacity by 2.5 times by 2030
The alliance also emphasised the need for grid infrastructure.
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