Black & Veatch
Started in 1915, Black & Veatch is a 100% employee-owned engineering, procurement, consulting and construction company with a more than 100-year track record of innovation in sustainable infrastructure.
Industry-wide collaboration required to advance cleaner energy deployment
Technology enables the adoption of new energy technologies to be economically feasible.
Industry-wide collaboration required to advance cleaner energy deployment
Technology enables the adoption of new energy technologies to be economically feasible.
VENDOR VIEW: How coal power fares in Asia amidst energy security woes
The increase in coal output in some Asian markets may be short-term.
Will 30 years be enough to achieve carbon neutrality?
Countries need time to decarbonise old assets, too, Black & Veatch claims.
Renewables growth in Asia risks collapse sans transmission system expansion
Black & Veatch says this will need government policies, investment, and storage capacity.
Solar power to get 'lion’s share' of funding in next 5 years
Over 58% agreed the sector will attract the bulk of investments in Asia.
Pressure from government is the top reason for RE investments
About 44.6% of surveyed firms in Asia said so.
Fewer are concerned over investment uncertainty in Asia's electric industry
24.6% cited it as the most challenging issue in the electric industry, a drop from 37.1% in 2020.
Renewable integration cited as most challenging issue in Asia’s electric industry
Around 35% said renewable integration is the top challenge for the industry.
7 in 10 leaders see hydrogen generation helpful in Asia's clean energy transition
Meanwhile, 51.4% believe that the answer is in retiring fossil-fuel generation.
Policies, underinvestment lead the biggest threats to Asia’s grid reliability
43.9% agree that policy debates serve as a hurdle in grid operations.
Black & Veatch unit, EIP partner to develop RE in South Korea
This is in aid of South Korea’s target of a 20% reduction in emissions by 2030.
China’s pledge to halt financing coal abroad to cancel 40GW project pipeline
This will result in an investment gap of $30b to $40b.
Commentary
South Korea needs to accelerate renewable energy adoption to fuel Artificial Intelligence and semiconductor sectors