APAC
Record global energy investment to grow 8% to $2.4t in 2022: IEA
Record global energy investment to grow 8% to $2.4t in 2022: IEA
This is on the back of investment in renewables and grids.
IRENA, OPEC Fund tie up to advance RE investment
This is in pursuit of a “just, inclusive, and equitable energy transition.”
Asia to account for over 60% of global solar growth
Solar capacity in the region will grow by about 760GW from now to 2031.
Asia overtakes Europe as key importer of seaborne Russian oil: report
India’s imports alone grew 658% against 2021 levels.
‘Strongest’ growth potential in gas-to-power sector seen in APAC: report
This includes Southeast Asian markets, such as Vietnam, and the Philippines amongst others.
APAC is ‘outperformer’ in gas generation: Fitch
Its gas generation volume will rise by 898TWh from 2022 to 2031.
Non-hydropower to grow 230GW annually from 2020 to 2024
Asia will be the key growth driver, accounting for 55% global generation growth.
IESA, Korea partner to promote energy storage in India, South Korea
The MoU will take effect for three years.
RE adoption to accelerate due to gas market volatility
Asia is expected to generate 831TWh of gas-fired power over the decade.
Global coal generation seen to rapidly decline over the decade
Asia is the only region that will post growth in coal generation.
IRENA’s energy transition finance platform gets $400m in funding
The platform targets to deploy 1.5W of new renewable power across developing countries by 2030.
Low carbon hydrogen demand likely to grow over 600Mt in 2050: report
This is up from the current 1Mt.
World may reach net-zero by 2057: report
More than 1,000 executives expect to cut emissions by 28% by 2030.
Asia leads race in biomass power: Fitch
The region is projected to produce 29.3GW of biomass power capacity between 2021-2030.
How energy intensity improvement can help achieve net-zero emissions by 2050
Doing this can avoid 95EJ of energy demand by 2030, the IEA said.
Non-hydropower RE to ‘more than double’ in next ten years: report
It is expected to reach 7,661TWh in 2031.
Which countries make up most of the world’s renewables
Mainland China, India, and Japan are amongst the five entities that account for 77% of the world’s renewables.
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