In Focus

Natural gas is cleaner than coal and would support the intermittency of renewables, ANGEA said.

The Regional Approach Report outlines how collaboration is key to the aim of 35% renewable energy capacity by 2025 in the region.

Coal plants commissioned doubled YoY to 17.1 GW.

Investments in storage reached billions for the first time in a quarter.

The region relies on LNG for energy security and transition.

Around 7.6 GW were given terms of reference, a vital part in development approval.

Experts have mixed views of the effectiveness of the nascent technology in decarbonisation.

Asia continued to drive coal demand growth.

IEEFA cites demand-side measures to increase clean energy share in its power mix.

Retiring EGAT Governor Boonyanit Wongrukmit shared the company’s initiatives towards the shift to clean energy.

These challenges include supply shortages, monopolisation, and geopolitical concerns.

Lack of infrastructure development is one of the challenges it faces.

It would exceed the 1,200GW 2030 target ahead of time.

The G7’s push for faster decarbonisation includes ending subsidies for coal power, and supporting cleaner energy technologies.

Rystad Energy noted this is a ten-fold increase compared to current annual additions. 

This is equal to the total power output of China and the US.