APAC

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.

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.

Wind industry sees 94GW additional capacity: report

This marks its second-best year, the GWEC said.

Hydropower projects might rough-sail in Asia: report

Environmental and social opposition, and financial concerns pose challenges to hydropower.

IRENA: $5.7t annual investment needed until 2030 to meet 1.5°C Scenario

Around $700b in annual investment in fossil fuel should be reallocated to energy transition technologies.

ACEN, ib vogt to establish asset platform for solar projects in Asia

The platform has a minimum operation capacity of 1,000MW.