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.
Global wind turbine orders up 23% in H1
Demand was driven by China.
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.
APAC power utilities at risk due to climate transition: Fitch
Energy transition efforts must be enhanced.
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.