2022 Asia Electric Report
Will 30 years be enough to achieve carbon neutrality?
Countries need time to decarbonise old assets, too, Black & Veatch claims.
Will 30 years be enough to achieve carbon neutrality?
Countries need time to decarbonise old assets, too, Black & Veatch claims.
Renewables growth in Asia risks collapse sans transmission system expansion
Black & Veatch says this will need government policies, investment, and storage capacity.
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.
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Commentary
South Korea needs to accelerate renewable energy adoption to fuel Artificial Intelligence and semiconductor sectors