Fitch Solutions

Fitch Solutions provides crucial intelligence to help its clients understand and interpret markets, so they can protect their organisationsā€™ interests and help to grow profitability.

ā€˜Highā€™ green hydrogen production, consumption potential seen in Asia

The pipeline of green hydrogen projects in the region is around 65.6 GW.

ā€˜Highā€™ green hydrogen production, consumption potential seen in Asia

The pipeline of green hydrogen projects in the region is around 65.6 GW.

Australia, Mainland China top Green Hydrogen Suitability Index in Asia

China is expected to exceed Australia in the medium to long term.

Vietnamā€™s energy transition faces hurdles due to gas-fired power growth

Whilst coalā€™s expansion was limited, natural gas production will be bullish.

Gas market outlook in China remains ā€˜bullishā€™

Chinaā€™s gas demand is expected to grow up to 512bcm by 2031.

Just Energy Transition Program to boost Vietnamā€™s 2050 net-zero target

The government could incorporate the JETP into its Power Development Plan 8, Fitch Solutions said.

Other RE sector in India to expand slower than solar: report

Onshore wind and biomass are seen to reach 90.3GW and 17.5GW in 2032, respectively.

India misses 2022 renewable capacity target

But the solar sector posted a sharp increase of 12.8GW during the period.

China, Australia drive Asiaā€™s energy storage market: report

The markets to account for 31% and 26% of the total electricity generation.

US, Australia amongst leading battery systems market: report

The markets account for 55% of projects globally, Fitch Solutions reported.

ā€˜Subduedā€™ long-term growth seen in Japanā€™s nuclear power sector: report

Nuclear power generation will likely increase to 88TWh in 2031 from 57.3TWh in end-2021.Ā 

What will run Vietnamā€™s power sectorĀ 

The market may not complete its power mix transition in this decade.

China's coal projects at risk of cancellation: report

Around 30 projects currently in the planning stage may be withdrawn.

Coal projects in Chinaā€™s BRI to decline: Fitch

Despite this, China will continue leading the global financing of coal

High capital cost for renewables to persist in 2023: report

But its impact on prices and technology will vary amongst developers.

Australiaā€™s non-hydropower generation to grow to 97.6TWh in 2031

Non-hydropower generation is expected to make up 34% of the countryā€™s energy mix.