Power Utility

Clean energy investment to rise to US$1.7t in 2023: IEA

This includes funding for renewables, EVs, nuclear power, grids, and storage. 

Clean energy investment to rise to US$1.7t in 2023: IEA

This includes funding for renewables, EVs, nuclear power, grids, and storage. 

Coal share in China’s power mix to decline in coming years: report

this is despite its reliance on coal, Fitch Solutions reported. 

China to sustain lead in renewables in the long term: report

This will mainly come from its solar power sector. 

Solar PV manufacturing in China to grow to over 230GW in 2026

This is more than enough to supply global market demand, Wood Mackenzie reported. 

China’s solar exports up by 64% in 2022: report

Exports amounted to US$52b, Wood Mackenzie reported. 

LNG demand in South Korea to remain high despite nuclear power expansion

The market will continue relying on LNG for primary backup fuel amidst its energy transition.

Fresh push for nuclear power dims LNG expansion in South Korea

The government plans to boost nuclear power generation to 32.4% by 2030.

Fossil fuels dominate China despite ‘strong’ renewables growth: report

The market added over 100GWs of wind and solar annually in the last three years.

How can markets ramp up nuclear power deployment?

Nuclear power deployment is being held up by high costs.

High cost hinder uptake of nuclear, small modular reactors: report

Nuclear capacity is poised to increase by 280GW by 2050. 

New rules for grid connection needed in Australia: Clean Energy Council

This is to give renewable energy investors certainty in connecting to the grid.  

What’s holding back Myanmar’s power sector growth? 

The market’s installed capacity will remain marginal in the next decade. 

Power sector expansion in Myanmar to remain ‘limited’: report

It is projected that net installed capacity growth will be marginal at 2.1% annually. 

Nuclear power’s share in APAC’s power generation to grow to 8% in 2050: report

It accounted for only 5% of APAC’s power generation in 2021. 

Can voluntary carbon markets accelerate decarbonisation in Asia?

Asia has a powerful climate financing challenge. Taking the power sector for example, the region is projected to consume half the world’s electricity...

Australia’s gas usage to drop to 34% by 2030

This comes as the market transitions away from gas.