Features

The Future of Energy Transition Under S. Korea’s New President Yoon Suk-Yeol

President-elect Yoon Suk-yeol appears to be a wild card for South Korea's energy transition. On the one hand, he has blatantly stated that it is impossible to reach 100% renewable energy by 2050. On the other hand, he believes the country should strengthen its current renewable energy target for 2030. So where is South Korea headed for in the clean energy transition?

IPCC Report: Climate Finance for Adaptation Must Increase for Developing Countries

The latest IPCC Working Group II report largely stresses the need to accelerate climate adaptation, eradicate injustice and end the use of fossil fuels. The report, ‘Climate Change 2022: Impacts, Adaptation, and Vulnerability,’ emphasised that coal and other fossil fuels are choking humanity.

The Global LNG Market and Long-Term Contracts – A Barrier to Net-Zero 2050

Asian countries are becoming victims of the lack of flexibility in long-term gas contracts. However, the associated energy security risk, volatile prices and supply/demand imbalances don't top the agenda of the primary concerns. The incompatibility of gas with the global net-zero efforts does.

The ASEAN Energy Outlook 2022- Advancing Energy Transition Through Innovation

The ASEAN energy outlook is promising – the countries have laid the groundwork and are ready for the energy transition. The potential is there - but where should we start?

The Factors Determining the Energy Transition in Asian Economies

While the level of economic development is essential for the energy transition progress, developing Asian economies prove it isn't everything. What are the factors for Asian economies to transition to net-zero?

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.

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