APAC

Asia turns to coal amidst a global energy crisis

India and China are amongst the markets that have increased coal production for energy security.

Nuclear electricity generation share drops to lowest value in 4 decades

This is despite the 3.9% increase in the produced electricity.

Wind power to grow nearly 2% between 2022 and 2031: report

This is equivalent to 25.6 gigawatts of new installed capacity.

Asia’s gas demand to remain flat in 2022: report

The region is expected to post a modest recovery of 3% in 2023.

Natural gas market will remain tight in 2023: IEA

Its consumption will decline by 0.8% this year.

APAC to generate lion’s share of world’s energy by 2030

The region is expected to account for 56% of the world’s energy in the  next decade.

Wind energy industry needs 570,000 technicians by 2026

This comes as the global onshore and offshore wind increase in size by 67%.

Power generation reliability is their calling

For over 25 years, Sulzer has supported Asia’s growing energy sector with advanced turbo services

Renewable energy employment reaches 12.7 million in 2021

Around 700,000 new workers were employed last year.

Energy firms ‘on track’ to meet energy transition target: report

More than 40% of companies are expected to be powered by renewables by 2030. 

Asia to account for 63% of renewable capacity additions until 2031

Around 66% will be coming from the non-hydropower sector.

Global alliance formed to boost offshore wind capacity

It aims to increase offshore wind capacity by 670% to 380GW in 2030.

Asia-Pacific and the transformation of electricity grids

Asia-Pacific, home to more than half the world’s population and some of its most rapidly expanding economies, is set to play a pivotal role in the energy transition in the coming years as it faces the challenges of meeting rising power demand whilst also working towards carbon reduction goals.