Articles
The Biggest Renewable Energy Market Jump in 2023 and 2024
The IEA's June 2023 Renewable Energy Market Update forecasts an unprecedented wind and solar power boom globally.
Hydrogen Cost: Can We Afford It?
Due to an immature market and technology, green hydrogen is not yet cost-competitive with fossil fuel-derived hydrogen. Government policy will be crucial in reducing these costs by facilitating private sector involvement and developing market demand.
Solar Energy Investment is Expected to Overtake Oil Production For the First Time
While investments in fossil fuels are slowing down, the IEA's World Energy Investment Report 2023 says they remain way above the levels needed to reach net-zero by 2050.
The Uses of Hydrogen: A Catalyst for a Sustainable Future
Hydrogen is a common raw material used in many industries but is primarily produced with fossil fuels. If these industries switch to green hydrogen, it will significantly impact global greenhouse gas emissions.
Vietnam Has Approved the PDP8: What Comes Next?
The approval of the PDP8 is finally here. While not without its potential flaws, the plan allows Vietnam to start leaping towards its net-zero by 2050 target – a moment that energy investors have long been waiting for.
Taking to the Streets of Jakarta, K-pop Fans Call Out Hyundai’s Greenwashing
KPop4Planet launched the "Hyundai, Drop Coal" campaign to call for Hyundai to live by its commitment to achieving net zero by 2045.
Overcoming the Challenge of Hydrogen Storage
Hydrogen storage is one of the main building blocks for green hydrogen adoption. However, hydrogen has several characteristics that make it difficult to store effectively at scale. Ongoing research, development and investment are critical for overcoming these concerns.
MHI Greenwashing Tactics Demand Closer Scrutiny
Mitsubishi Heavy Industries (MHI) is pushing its net-zero emissions by 2040 pledge at full force. But, its strategy includes relying on gas-fired power projects, questionable carbon capture technology and profiting as a major carbon credit broker. These tactics demand closer media scrutiny and overall environmental monitoring.
European Green Deal: What Asia Can Learn
Following the shining example of EU member states and designing policies similar to the European Green Deal can help developing Asia build a more resilient, sustainable and cost-efficient energy system.
Taiwan’s LNG Development Overpowers Its Renewables Ambitions
The Taiwanese government has earmarked some USD 32 billion for renewables, hydrogen and carbon capture and storage (CCS) investments to move the country’s energy development in the right direction. However, it also continues a major liquefied natural gas (LNG) build-out as part of its long-term energy mix strategy, putting the country in an energy supply and climate mitigation quandary.
Proposed Expansion of Gas Power in Asia Poses Climate and Economic Risks [Op-Ed]
Over 60% of global gas-fired capacity in development is based in Asia, with over half of this capacity concentrated in East and Southeast Asia. Rising costs saw around 81GW of previously planned capacity was cancelled between 2022-2023. There is still time to halt or limit the gas expansion in Asia, as around 70% of the gas-fired capacity is still in the announcement and pre-construction stages.
G7 Gas Move a Likely Nod to US and Japanese Interests
The G7 just concluded its meeting in Hiroshima. The group made several decisions impacting the global energy sector, including further reliance on coal-fired power projects and a problematic call to continue gas and liquefied natural gas (LNG) investment. These decisions come in light of long-term US and Japanese gas interests and development.
Natural Gas Forecast 2023: Demand in Asia to Bounce Back
While natural gas prices are expected to remain low, they would still be above their historical averages. As a result, Asian countries' imports would still be costly, even in an ideal world without any market volatility.
Hydrogen Infrastructure: Development and Challenges
The lack of existing hydrogen infrastructure is a significant hurdle to the widespread adoption of green hydrogen. However, there is an incentive for the public and private sectors to develop the required infrastructure. Hydrogen can help the world reach decarbonisation goals, and the hydrogen market is expanding with lucrative opportunities.
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