APAC
AI development to boost energy demand at data centres
AI development to boost energy demand at data centres
The technology will comprise 85% of the energy demand growth until 2026.
Four key areas to address to accelerate renewable energy growth
Around $10t in investment is needed to triple the renewables capacity by 2030.
Global clean energy investments to reach $2t in 2024
Emerging and developing markets, however, remain underfunded.
Accelerating clean energy adoption can lower power costs
Solar and wind are the cheapest renewable energy options.
Solar potential underutilised in sunniest markets
Access to financing remains a barrier to increasing solar capacity.
APAC to see $15b investment in CCS over next decade
Australia, Malaysia and Indonesia are emerging hubs for carbon capture.
UAE and China ink agreement to collaborate on nuclear energy development
The partnership focuses on a framework for best practices in running nuclear plants.
High costs and delays make SMRs a risky bet for energy transition
The price of a China SMR project was triple its initial projections.
ENEC and KEPCO to co-invest in nuclear plants in emerging nations
The partnership emphasises nuclear energy's role as a clean electricity source.
Asia's demand for US LNG remains strong in May
This is driven by imports in Japan, India, and South Korea.
EDB to boost financing for 300 MW Kyrgyz solar project
It will arrange long-term financing of $210m.
Global gas-fired power generation rises slightly by 0.8% in 2023
The US largely drove the gas generation, followed by China and Iran.
Coal power remains dominant, comprising 35% of global electricity generation
China and India are the top producers of electricity using coal
PAG achieves $550m commitment for APAC renewable energy fund
It will initially focus on Japan’s solar power.
BESS gains edge with declining costs
It costs less compared to pumped-hydro storage and Compressed Air Energy Storage.
Global bioenergy electricity production rises 3.1% to record 697 TWh
China, Brazil, and Japan are the top bioenergy producers.
Nuclear power deemed Australia's most expensive energy source
It costs six times more than renewable projects.
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