Asian Power

Renewable diesel and sustainable aviation fuel (SAF) emerge as key players in reducing carbon emissions, with technological innovations and policy support driving growth.

Growth of low-carbon hydrogen requires resources valued between $80b and $300b.

The plans involve to secure kW and KWh for a stable energy supply.

It is more than double the capacity additions in the US and Europe combined.

It can power around 4,000 residents and commercial consumers during the pilot phase.

The project will be a hybrid solar, wind and battery storage capacities.

This will raise its renewables capacity to 12.6 gigawatts upon completion.

Total capital expenditures for the development plans are $52.9b for CLP, and $22.0b for HKE.

The partnership is in line with the National Energy Transition Roadmap.

It will also provide power subsidies to underprivileged people.

The agreement is one of the deals formed during the South Korean President’s state visit.

The region has 30,523 GW solar potential and 1,383 GW projected wind capacity.

The share of renewables in its power generation mix is at around 10%.

It has a 10-year PPA with the Victorian Government.