APAC energy transition investments
Energy transition stalled by policy gaps, not tech limits, expert says
Asia’s next energy breakthroughs will come from policy alignment, not scientific innovation.
Data centres threaten clean energy supply
This will potentially leave other sectors unable to secure affordable clean power.
Electric power generation, transmission and distribution market to top $6.6t
RE transition and decentralisation are some of the factors that will support this.
Tidal energy market to reach $3.02b by 2029
This will be fuelled by rising costs of conventional energy sources, amongst others.
How much will ocean energy market expand by 2029?
APAC will be a leader in the sector.
Over 90% of global electricity to be powered by renewables by 2050
However, gaps in infrastructure and grids continue to present challenges.
Over 85% of APAC’s energy generation comes from non-renewables
Reforms are needed to address the possible energy transition gap.
Hidden risks threaten to derail renewables shift
This uncertainty leads to higher costs for companies.
Offshore wind opportunity seen in APAC and Europe amidst US uncertainty
These two regions should cooperate to meet capacity goals.
Over 60% of companies see growth potential in clean energy
Investments in this sector are expected to increase by 34% in the next financial year.
Resource shortages impact Asia’s energy affordability
Affordability and political barriers hinder Asia’s renewable energy growth.
Investors focus 85% capital on clean energy projects
Asia’s growth and grid challenges drive demand for clean energy investments.
Asia faces uphill battle balancing energy demand with net-zero goals
There will be a 33% rise in energy demand by 2030 in Asia-Pacific.
These challenges hinder emerging nations' green transition
Energy access remains to be one of the major challenges in emerging countries.
World Bank to boost energy transition in East Asia, Pacific with $2.5b programme
This will fund around 2.5 GW of additional renewable energy.
Global power sector needs $115t to achieve 2050 net zero goal
However, some consumers, including Singaporeans, do not want to spend more on electricity.
Thought Leadership Centre
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