Features
Energy Storage Systems and Grid Investments Crucial For Enabling Renewables Integration in Asia
Clean energy technology innovations are continuously breaking records but to capitalise on them and unlock the gains of the clean energy transition, it is essential to accelerate the investments in grid flexibility and storage.
The Illusion of Progress: Dissecting ASEAN’s 35% Renewable Energy Target by 2025
ASEAN's target is insufficient to meet Southeast Asia's climate goals. To stay within a 1.5°C pathway, the region must adopt more ambitious renewable energy policies, focusing on the rapid scaling of solar and wind, drawing from Vietnam’s example.
Taiwan’s Tech Companies Can Lead The Energy Transition
Taiwan’s tech companies are struggling to decarbonise. But the opportunity to lead the island nation’s...
2024 Trends in the Asian Solar Market: Growth and Opportunities
With China's global leadership in clean power deployment and technological innovation and Vietnam's solar market experience, Asia has the blueprint to champion the green energy transition. Will the region grab the opportunity?
Clean Energy Investment in 2024 Twice Amount for Fossil Fuels: IEA
The IEA’s World Energy Investment 2024 reveals that while clean energy spending is at record levels, the investments still fall short of what is required for a 1.5°C-aligned world. The agency also highlights stark market contrasts and calls for more ambitious policy measures to bridge the financing gap.
G20 Summit 2024: Agenda and Promising Early Signs
The G20 Summit 2024 agenda promises to focus on advancing climate crisis solutions and the clean energy transition, addressing social inclusion, poverty and hunger, scaling up green capital for developing countries, reforming MDBs and discussing taxation on billionaires.
How to Decarbonise Transport: A Challenging But Realistic Mission
Decarbonising the transport sector will be challenging, especially in the air and maritime segments. However, progress in road transport shows that bringing technical, commercial and scalability barriers is possible if there is strong policy support.
Affordable and Clean Energy: How to Achieve?
In a special report, the International Energy Agency notes that accelerated clean energy deployment will...
LNG Projects in the Philippines: Share of San Miguel Corporation
The Philippines continues its liquefied natural gas (LNG) development trajectory despite its cost, environmental impact and widespread disapproval. Manila-based conglomerate San Miguel Corp. (SMC) is spearheading this development.
Greenwashing on the Agenda at Japan Energy Summit 2024
The Japan Energy Summit, held recently, included sessions on pioneering innovative energy technologies and accelerating decarbonisation in its agenda. Unfortunately, these sessions pushed fossil fuel narratives instead.
Offshore Wind Offers South Korea Huge Economic Opportunities: GWEC
According to the GWEC, offshore wind power can bring South Korea 770,000 new jobs and 87 trillion won (USD 63 billion) in investments over seven years. However, unlocking these gains requires a holistic plan where the government and stakeholders collaborate to introduce favourable supporting policies and advance community-focused offshore wind deployment.
High Costs and Renewables Surge Weaken Asian Gas Demand Forecasts
Long-term gas demand growth forecasts are starting to show signs of weakness due to energy security issues, national decarbonisation goals and the continuously decreasing costs of renewables.
Japanese Megabank MUFG Continues to Bankroll Fossil Fuel Development
Global financial institutions are still funding fossil fuel projects despite warnings over climate change. Japanese megabanks, for their part, continue to top the list. Mitsubishi UFJ Financial Group (MUFG), Mizuho and Sumitomo Mitsui Financial Group (SMBC Group) ranked among the 10 worst in fossil fuel funding in 2023.
Can Green Hydrogen Decarbonise Asia?
Hydrogen has long been promised as a clean fuel source with the potential to aid in transitioning away from fossil fuels. A recent report by the High-level Policy Commission on Getting Asia to Net Zero and the Asia Society Policy Institute highlights how green hydrogen could help decarbonise global steel production in Asia's major economies. Green hydrogen could have a significant impact in this prime sector.
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