Features
Green Steel: Powering The Low-carbon Economy
Green steel is produced without fossil fuels and has significantly lower emissions than traditional steel. The IEA sees green steel development as a critical step in global decarbonisation and for companies that rely on steel throughout their supply chains.
Steel Decarbonisation: A Pathway To Development
Decarbonising the steel industry is necessary for global climate goals and hinges on scaling up low-emissions production technologies, like renewable energy-powered EAFs and green hydrogen. An improved policy framework and industry support are critical for this shift.
Renewable Energy
Top 10 Biggest Renewable Energy Companies
The world's top renewable energy companies are critical to global decarbonisation efforts. They range from specialised manufacturers to full value chain operations that are subsidiaries of the world's largest energy producers.
Top 7 Renewable Energy Innovations: Pioneering the Future
Renewable energy innovation is crucial for reaching net-zero emissions by 2050, particularly in hard-to-decarbonise sectors like heavy industry. Promising advancements, from floating offshore wind farms to green hydrogen production, are expected to significantly expand renewable energy capacity and contribute to these climate goals.
Fossil Fuel
![ASEAN Countries Do Not Yet Have a “Young” Coal Power Plant Problem [Op-Ed]](https://energytracker.asia/wp-content/uploads/2024/08/shutterstock_2469168271-768x512.jpg)
ASEAN Countries Do Not Yet Have a “Young” Coal Power Plant Problem [Op-Ed]
The recommended pathway to limit the global temperature increase to below 1.5°C is for developed countries to phase out coal power generation by 2030, while developing countries should do so by 2040. Hozefa Merchant shares his view on the challenges of transitioning from coal to clean energy should the region add new coal capacity.
Investors Pulling Out of the Barossa Gas Project Adds to the Uncertainty
Since its announcement, the Barossa gas project has made the news due to legal disputes over its environmental impact, delays, and rising project costs. In the latest blow, prominent investors and financiers are pulling out their support for the project, leaving question marks about the project's future financing and completion.
Region
Solar 53% Cheaper than Fossil Fuels in Malaysia
Malaysia has solid renewable energy market fundamentals and, according to the IEA, hosts low investment risks for project investors. The country is just a step away from unlocking the advantages of the clean energy transition but the government needs policy reforms and more ambitious climate goals.
The Challenges of Financing Renewable Energy Projects in the Philippines
The Philippines has made progress in developing more renewable energy projects for its power sector. However, domestic banks need to streamline the process to bring more projects online and level the playing field between projects backed by politically connected corporate interests and smaller investors without the advantages of political and corporate backing.
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