APAC
What could drive blue hydrogen development
Asia Pacific accounts for the second largest share in the total carbon capture market.
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.
Masdar, Kyrgyzstan to develop 1GW renewable projects
It will start with a 200MW solar plant which is scheduled to operate by 2026.
Could current and planned renewables capacity offset coal
Over 3,200GW wind and solar are projected to be installed by 2030.
Ukraine crisis ushers in a new era of energy security for Asia
This is despite reports that the market may even be tighter in 2023 if China imports more LNG.
Commentary
Offshore wind power needs Singapore’s expertise as Asia’s reliance on fossil fuels rises