Features
Are Prosumers the Future of the Renewable Energy Transition?
Prosumers result from decentralized energy systems - they generate and use their own energy. This model is a crucial strategy for increasing electrification in remote areas, and the implementation of local microgrids allows prosumers to work in sync. Excess power generated can be sold throughout the community. Asia is ready for the rise of prosumers.
How to Achieve UN Sustainable Development Goals and Targets [Part II]
The following years will have to make up for the lack of significant progress in the implementation of the SDG goals and targets since their introduction in 2015. The key to succeeding is in collaboration and striking a harmonious balance involving governments, companies, stakeholders and society.
LNG in Asia: A Threat to Financial Stability
Emerging Asia is increasingly looking towards building new LNG capacity. IEEFA's latest analysis reveals that the faith of the majority of these projects is determined even before the start of their development.
Global Economic Recovery after COVID-19 Pandemic – What 2022 Holds for the Energy Market
We sit with experts and stakeholders from all parts of the energy market to discuss what 2021 taught us, how will the global economic recovery continue in 2022 and which will be the decisive factors for the energy market and climate finance in Asia going forward.
Reshaping the Renewable Energy Policy Environment Across Asia
Favourable climate-aligned policies and regulations can be the key to unlocking the net-zero transition across Asia - the region in the biggest need of decarbonisation. While the process won't happen overnight, it is important to lay the foundation today.
India After COP26: Tackling Coal Dependence Head On
India made five major climate pledges at COP26 culminating with a 2070 net-zero target. Unfortunately, there are many hurdles for the country to reach this target - most significantly the country's reliance on coal and inefficient energy grid. Full adoption of renewable energy hinges on government policy to incentive domestic and international investment.
Pathway to Zero Emissions for Hard-To-Decarbonise Industries
Decarbonisation of hard-to-abate sectors will be among the most essential tools to empower the world's emission reduction targets. While the progress had so far been stalling and challenges remain, the opportunities for a rapid transformation of hard-to-decarbonise sectors are there for the taking.
Asia’s Role in Defining the Pace of Renewable Energy Transition
The talk about the renewable energy transition often revolves only around the need for new clean energy capacity to replace the existing global fossil fuel fleet. If the world is to maximize the results of its net-zero aspirations, the scope of the renewable energy transition dialogue and action should widen to also include critical aspects like the need for better policies, equal electricity access, reskilling, and more.
COP26: How Lack of Climate Finance Derails Coal Phase-out Agenda
The chaos around the last-minute change in the coal declaration by India, China and South Africa at COP26 has certainly made it harder to reach the 1.5-degree target. At the Glasgow UN climate summit, nations pledged to phase-out coal, reduce methane, end deforestation and support the energy transition, etc. With the USD 100 billion pledge of climate finance still not being fulfilled, small and developing countries called for climate justice. Many nations now plan to revisit their commitment by the end of 2022.
COP26: The Glasgow Climate Pact Has Been Adopted
China, India, EU, US undermine global fossil-fuel phaseout pledge, as rich nations refuse climate crisis support for poorest.
The End of Internal Combustion Engine at COP26: The Glasgow Accord
The Glasgow Accord on Zero Emissions Vehicles is one of the major pieces of policy to come out of COP26. It unites governments, auto manufacturers, and fleet vehicle owners to phase out ICE vehicles by 2035. Signed by 34 countries, India is the lone signatory from Asia and will need to be a role model for the region.
COP26 – With No Financing to Go Around, Cancelling All New Coal Power Plant is a Practical Move for Host Countries
China’s recent pledge solidifies a global financial trend away from coal, as several private and governmental institutions, most notably from Japan and South Korea followed by all G20 countries, have made similar announcements. Recent announcements at the COP26 climate talks from national governments also raises questions about the future of new coal plants. With several countries pledging to phase-out coal in 2040 – or the equivalent conditional on financial support – building new coal capacity will be incompatible with these carbon neutral pledges and other climate commitments.
COP26 and the Future of Hard-to-Abate Sectors in Asia
The announcements during the COP26 can be a turning point in the global energy policy. Not only because of all the new initiatives and targets for renewable energy development and coal phase-out, but also thanks to commitments to decarbonise hard-to-abate sectors.
COP26: Clean Energy Finally Ready To Break Through
As decarbonisation accelerates the world over, clean energy is taking centre stage. Since the Paris Agreement, the rate of growth for solar and wind capacity has increased every year. Dramatic cost reductions have rewired the economics of electricity. Renewables are entering a golden age. Seizing the opportunities they provide, including cheap, robust and secure energy for all, will be crucial over the coming decade.
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