APAC
ASEAN could save $2.3b by 2040 with smart grid investments
ASEAN could save $2.3b by 2040 with smart grid investments
Indonesia, Vietnam, and the Philippines face the highest investment needs.
Clean energy surges past fossil fuels in China, India
In China, solar output grew by 168 terrawatt-hours.
Global electricity demand up by 369 TWh in H1
China accounted for 54% of the increase.
Align water initiatives with market strategies for lasting impact – Roland Berger’s Chris Ong
He emphasises that integrating them into economic agendas makes solutions both sustainable and transformative.
Installed RE to more than double by 2030
This will be driven by solar energy expansion.
Digital tools underused in Asia-Pacific energy transition — ABB
Interest is accelerating, but adoption is limited.
World Bank fuels East Asia and Pacific RE through Multiphase Programmatic Approach
This initiative will specifically help decarbonise the power sector.
Over 90% of global electricity to be powered by renewables by 2050
However, gaps in infrastructure and grids continue to present challenges.
Wind and solar to meet majority of power demand to 2035
China remains to be a major player.
Transmission infrastructure investment to reach $573.7b by 2030
This growth is supporting the rise in smart grid demand.
Global hydrogen demand up 2% in 2024
The majority of this was met by hydrogen produced from fossil fuels.
Global hydro turbine market to hit $4.9b by 2035
Investments in RE transition and grid reliability are some of the factors fuelling the growth.
PV inverters market to reach $49.0b by 2035
The expansion is being fuelled by the push for decarbonisation and RE integration.
Utilities must evolve into agile, platform-first orchestrators – EY Consulting’s Gregory Poussardin
He stressed that innovation is the most indispensable element in accelerating the energy transition.
Leaders must future-proof organisations through embracing change and innovation – EY’s Sanjeev Gupta
He sees carbon capture, clean fuels, smart grids and sustainable practices as key to future energy resilience.
Smarter choices and risk management secure long-term value – The Lantau Group’s Mike Thomas
He stressed how market design, risk, and end-user demand are reshaping Asia’s power sector.
Global transmission and distribution infrastructure to reach $789.2b by 2035
Thanks to rising power demand and grid modernisation, amongst others.