Renewable Energy
The IEA’s World Energy Outlook 2023: Global and Asian Gas Demand to Peak by 2030
The International Energy Agency (IEA) reports that while clean energy adoption is accelerating rapidly, current policies will still push global warming to 2.4°C, far beyond the Paris Agreement's target. Global leaders must make COP28 count by pledging to achieve the IEA's five pillars for getting back on track.
Southeast Asia Prefers Renewables, But Misplaced Fears of High Costs Delay Adoption
Southeast Asia has immense clean energy potential, and experts estimate that capitalising on it will unlock massive gains. With renewables being the cheapest source of new power in countries comprising two-thirds of the global population and responsible for 90% of electricity generation, switching to renewables will help Southeast Asian countries ease the burden of fossil fuel subsidies on their economies.
IEA: Urgent and Joint Action Needed To Keep the 1.5°C Target Alive
The IEA's latest report is clear: global leaders either take urgent and collective action now or miss the 1.5°C target.
Breakthrough Agenda 2023: Cooperation Key to Advancing Clean Technologies
The clean energy transition is advancing but not at a pace adequate for a net-zero scenario. The Breakthrough Agenda Report 2023 recommends governments strengthen collaboration and ease regulatory burdens to accelerate clean technology deployment.
The Philippines’ Choice: Going Clean or Going With SMC
The Philippines has immense clean energy potential and has already witnessed the benefits of tapping into it. Whether the government continues in this direction will reveal if its priorities lay with the corporations or the public interest.
Renewable Energy Investing Needs in 2023
The clean energy transition needs private capital that works in concert with favourable policies, regulations, decarbonisation goals and green capital market development.
Oil Market Forecast 2023: Oil To Peak and Renewables To Accelerate
While the oil market for combustion purposes is likely to peak by 2028, according to the IEA, the Asia-Pacific region will continue to push global oil demand. But, with oil demand declining, will developing Asia continue to lock itself into a carbon-intensive future?
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.
The Renewable Energy Policy in Vietnam Risks Deterring Investors
Maintaining a healthy ongoing dialogue with clean energy investors and project developers is critical if Vietnam is to get back on track and continue stunning the world with its renewable energy progress.
How the Unreliability and Unpredictability of Fossil Fuels Hurt Bangladesh
Bangladesh has suffered enough from fossil fuel import dependence and has experienced first-hand how the dirtiest fuels affect the climate. However, thanks to its clean energy potential, the country holds the keys to an independent and sustainable future.
The Electricity Sector in Bangladesh: What Comes Next?
Transitioning the power sector in Bangladesh towards renewable energy would unlock massive benefits for the country, its economy and society.
Wind Energy in Vietnam – Opportunities and Potential
Vietnam has already established itself as one of the world's most notable clean energy success stories. However, to retain that crown, the country needs to incentivise foreign financiers.
Japan-Vietnam Energy Relations: Opportunities and Risks
Vietnam needs a partner that will prioritise its decarbonisation and access to affordable and ready-to-be deployed solutions to make the most of its clean energy potential. It doesn't need to be pushed towards distracting technologies with questionable decarbonisation credentials. The approach that Japan will take in its cooperation remains to be seen.
South Korea’s Energy Mix and Its 10th Basic Energy Plan
South Korea's decarbonisation progress so far makes hitting its 2030 and 2050 targets unrealistic. In its current form, the 10th Basic Energy Plan that will come into force this year is unlikely to change that. The country needs more ambitious renewable energy targets, a sentiment also echoed by South Korea's biggest businesses.
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