APAC

Global energy transition faces growing challenges: McKinsey

A significant gap exists between climate ambitions and reality.

Clean hydrogen investments reach $75b in 2024

However, the industry is facing delays, putting climate targets at stake.

Offshore wind faces growing O&M challenges

Large turbines offer potential benefits but also significant challenges according to the report.

Contractor errors and defects fuel offshore wind project losses

This accounted for over 60% of insurance claims in 2022.

Integrate climate change into company’s long-term strategy to align with SDGs - EY’s Judy Li

Effective waste recycling and resource utilisation boost company sustainability and offer new approaches to global waste management.

KPMG’s Sharad Somani stresses sustainability goals require a multi-faceted approach

He emphasised the importance of tailored solutions, technological integration, and sustainability in addressing waste management challenges and opportunities in Asia.

Renewables to stabilise APAC thermal gencos’ earnings

Thanks to the insulation of clean energy from fuel costs.

Asia-Pacific may miss RE targets

Countries must attract investments to advance their clean energy goals.

Fossil fuels to supply over 75% of global energy by 2030

This reliance will drive emissions higher, primarily from hydrocarbon extraction and gas flaring.

GPSC and Keppel partner on Energy-as-a-Service initiatives

The collaboration will focus on CaaS solutions, renewable energy, and EV charging platform developments.

Global offshore wind to breach 520 GW by 2040

Asia and Europe are the likely drivers. 

Human behaviour to have ‘long-lasting’ impact on water conservation goals, says Deloitte Partner

Water continues to be an important resource amidst greater sustainability considerations.

Nuclear fusion startups advances progress toward sustainable energy innovation

They are pioneering innovations like cold fusion and superconducting magnets.

Asia to lead LNG regasification expansion through 2028

China and India will be the main drivers.