APAC

More than 40% of companies are expected to be powered by renewables by 2030. 

Around 66% will be coming from the non-hydropower sector.

It aims to increase offshore wind capacity by 670% to 380GW in 2030.

Asia-Pacific, home to more than half the world’s population and some of its most rapidly expanding economies, is set to play a pivotal role in the energy transition in the coming years as it faces the challenges of meeting rising power demand whilst also working towards carbon reduction goals.

This is due to the government policies supporting the growth of offshore wind.

This is up from only 27.3GW in end-2021. 

It is expected to double under the net-zero emissions scenario.

Almost 30% of the global workforce was in China.

It may increase by 6% in 2022.

This would speed up investment in renewables.

The industrial sector is responsible for around 28% of GHG emissions.

This is 20 times the investments seen in 2020 which amounted to $2b. 

SIEW 2022 will take place in Singapore from 25 to 28 October 2022.

Having a 15% regional grid connection will create 870,000 jobs.

Mitsubishi Power has advocated the use of natural gas in lowering carbon emissions whilst ensuring energy security and flexibility.

After-sales and maintenance services are crucial for power plant optimisation