APAC

Asian Oil & Gas Awards welcomes Tim Rockell as one of its judges

Rockell has project experience in strategy, risk, deal advisory, and management consulting.

Asian Oil & Gas Awards welcomes Tim Rockell as one of its judges

Rockell has project experience in strategy, risk, deal advisory, and management consulting.

Coal remains the cheapest option for APAC

This is as renewables costs rose last year.

Construction cost, interest rates worsen RE competitiveness in APAC in 2022

The solar sector’s average cost by 16% in 2022 from 2020 levels.

What could drive blue hydrogen development

Asia Pacific accounts for the second largest share in the total carbon capture market. 

​​​​​​​Carbon emissions in India to increase by 36% in 2030

This is above the projected emissions in Europe and the US.

Fossil fuel emissions to peak by 2025: report

Carbon emissions are expected to hit 39Gtpa in two years. 

Hydrogen market to sustain growth despite global economic headwinds

This is supported by energy transition needs and decarbonisation targets.

Coal dominates Asia Pacific’s generation mix in 2022

However, the share of low-carbon resources is increasing.

‘High’ green hydrogen production, consumption potential seen in Asia

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

Newcastle thermal coal price to average US$280 per tonne in 2023: report

This is lower than the average US$358 per tonne in 2022.

Australia, Mainland China top Green Hydrogen Suitability Index in Asia

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

Around 7 in 10 consumers want to reduce energy costs, consumption

The majority of Southeast Asians follow suit, especially those working from home.

Asian Civil Society flags concerns over ADB’s Energy Transition Mechanism

The ETM seeks to help markets accelerate coal phase-outs. 

Bangladesh pivots to coal amidst renewables challenges

The market plans to increase coal-based power generation capacity. 

Clean energy tech investment reaches over $1.4t in 2022: IEA

It is around 70% of the total energy investment growth.

Asia’s low-carbon investment to increase 12% YoY in 2023

Africa is expected to see the highest growth of 26%.

Low-carbon projects spending to increase 10% YoY in 2023: Rystad

This is a slowdown compared to the average of around 20% increase in recent years.