APAC
Carbon capture and storage for fossil-fired plants risks worsening energy inflation
Carbon capture and storage for fossil-fired plants risks worsening energy inflation
IEEFA argues the economic case for CCS in fossil-fired power plants is weak.
Renewable energy surge fuels need for pumped hydropower storage
Asia is expected to be the largest pumped hydropower storage market by 2023.
Renewables with storage systems could be cheaper than thermal power with CCS
CCS could drive LCOE for thermal power by up to double its alternatives.
Amazon inks deal with Iberdrola for RE development
The projects will be in APAC, Europe, and the US.
China-concentrated capacity drives APAC as hydropower ‘powerhouse’
China's aggressive hydropower development is driven by its carbon peaking target by 2030.
Power grid expansion to drive copper demand: report
Power grids are projected to be the top consumers of copper amongst energy transition technologies.
Around 680GW wind energy capacity to be installed by 2027: report
Policy changes are needed to prevent supply bottlenecks by 2026.
At least $21.4t power grid investment needed by 2050: Report
This is in line pursuit of net zero targets across the globe.
Asia accounts for over half of new RE capacity in 2022
China led the growth with the addition of 141GW during the period.
Renewable generation capacity grows by nearly 10% globally in 2022: IRENA
Current renewable capacity stood at 3,372GW.
Nuclear ‘renaissance’ is possible despite hurdles: Wood Mackenzie
National governments will need to address more than just competitive costs and innovations.
Increased investments could lower SMR cost to competitive levels by 2050
SMRs can be a viable competitor with renewable energy, Wood Mackenzie noted.
Policy support for nuclear power expands in 2022
This comes as markets look for a more low-carbon energy supply, Wood Mackenzie reported.
Why markets need to reshore renewable equipment supply
Fitch Solutions expects markets to strengthen reshoring efforts.
Global effort to meet Paris Agreement highlighted at World Smart Energy
One crucial step to achieving the global climate goal is to increase clean energy at least four-fold, IEA said during the event.
New Tonga renewable-based mini-grid to be developed
The project is a collaboration of the ADB, and the governments of Tonga and Australia.
Global renewable investment reaches record-high $500b in 2022
Energy transition technologies investments also reached a record $1.3t.
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