Category: Knowledge Center Asia

China’s Green Power Procurement Market Outlook: Report

China’s Green Power Procurement Market Outlook: Report

February 28, 2025 | , ,

In pursuit of the overarching target of accelerating the construction of the New Power System, China’s installed capacity of wind and solar power has sustained rapid growth. By the end of the third quarter of 2024, the total installed capacity of wind and solar power reached 1.25 TW, exceeding the 2030 target ahead of schedule and surpassing the installed capacity of coal power. Meanwhile, power market reforms have been advancing steadily, which has prompted corporations to improve their green power procurement strategies and actively seize opportunities. The ability of spot markets to effectively discover energy prices has been further enhanced.

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Decarbonising Indonesia’s Transport Sector: Paper

Decarbonising Indonesia’s Transport Sector: Paper

February 19, 2025 | , ,

Indonesia pledged its target of net-zero emissions by 2060 or sooner as part of global efforts to curb the negative impacts of climate change. In achieving the net-zero target, the transportation sector, as the second-largest emissions contributor in Indonesia, needs to be transformed so that the emissions trajectory from the transport sector is aligned with a net-zero pathway. This paper “Roadmap to zero: The pace of Indonesia’s electric vehicle transition” by  International Council On Clean Transportation outlines the key steps and milestones necessary for achieving Indonesia’s goal of decarbonizing its transport sector.

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Fixing Bangladesh’s Power Sector: Report

Fixing Bangladesh’s Power Sector: Report

January 31, 2025 | , , , ,

The report summarises that the Bangladesh Power Development Board (BPDB) continues to depend on hefty subsidy support from the government, despite a series of power tariff hikes, highlighting the need for reforms in the electricity sector. The proposed roadmap for reform suggests improving power demand forecasting methods by factoring in the role of energy efficiency to reduce overcapacity. It recommends limiting new investments in fossil fuels-based generation while promoting renewable energy deployment.

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Offshore Wind in the Philippines: Report

Offshore Wind in the Philippines: Report

January 24, 2025 | , , ,

The Philippines is aiming to build a domestic offshore wind industry and has incorporated offshore wind into several policy and deployment initiatives. In parallel, the Philippines has also been a leader in incorporating renewable energy zones (REZs) into power sector development and transmission plans. The objective of this study, conducted by the U.S. Department of Energy’s National Renewable Energy Laboratory (NREL) in partnership with the Philippines Department of Energy, is to incorporate offshore wind resources into the Philippines’ already established competitive renewable energy zones (CREZs) to support national transmission planning.

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Rooftop Solar Savings for Japanese Households: Brief

Rooftop Solar Savings for Japanese Households: Brief

January 17, 2025 | , , ,

Policy interventions such as tax credits and feed-in-tariffs, have been shown to increase adoption of rooftop solar across the UK, EU and US. Zero Carbon Analytics calculated that Japanese households with solar panels in FY 2020 would have saved on average nearly 135% compared to those without, receiving a net benet of JPY 37,422. Households saved over JPY 143,000 in total from reductions in electricity bills and payments from the sale of excess solar power.

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Sustainable Aviation Fuels in Southeast Asia: IRENA

Sustainable Aviation Fuels in Southeast Asia: IRENA

January 10, 2025 | , , ,

The findings of this report emphasise the urgency of accelerating the sustainable scale-up of biofuel supply chains in Southeast Asia. In the near term, biofuels remain the most viable option for significantly reducing aviation emissions. However, securing feedstock, especially from energy crops, is not something that can be achieved overnight: it requires strategic planning, infrastructure and investment. Careful planning, informed by science with social dynamics considered, especially in the context of Southeast Asia, should begin as soon as possible to minimise the risk of unintended environmental impacts.

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Low-Carbon and Just Energy Transition in Asia: Report

Low-Carbon and Just Energy Transition in Asia: Report

December 16, 2024 | , ,

The central focus of this report “Toward A Low-Carbon And Just Energy Transition In Developing Asia” by The Asian Development Bank is on the just energy transition away from coal and toward a low-carbon future in Asia and the Pacific. It encompasses a range of topics, from coal-fired power plant retirement and carbon pricing to renewable investment, infrastructure development, and the mobilization of development financing to transform energy systems. 

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India’s Journey to Net Zero: EY 

India’s Journey to Net Zero: EY 

December 13, 2024 | , ,

This whitepaper sets the stage for an in-depth exploration of India’s energy transition, a pivotal movement that addresses not only the nation’s burgeoning energy demand but also its commitment to global climate responsibilities. With a rapidly growing economy and the world’s most populous country, the demand for energy is soaring. Yet, the country stands at a crossroads, where traditional sources of energy are being re-evaluated in the face of environmental imperatives. India’s response to this challenge is a testament to its resilience and innovative spirit.

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Benchmarking Green Hydrogen in India’s Energy Transition: Paper

Benchmarking Green Hydrogen in India’s Energy Transition: Paper

December 6, 2024 | , , ,

In the analysis, the authors link green hydrogen production costs with the cost and availability of renewable energy (RE) generation, which is measured by its capacity utilisation factors (CUFs). They also calculate the premium, if any, of using green hydrogen compared to energy-basis equivalent costs of fossil fuels for a range of applications.

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China’s Industrial Clean Power Policies: Paper

China’s Industrial Clean Power Policies: Paper

December 6, 2024 | , ,

The paper “Clean Power for Industry in China: Policy Enablers for the Industrial Sector” by the World Economic Forum concludes that in the next decade, China is set to expedite industrial decarbonization, with the intention of shifting from controlling energy consumption and intensity to controlling carbon emissions and carbon intensity. In this process, the government could play a much more proactive role in identifying practical applications and boosting businesses’ confidence to participate. 

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Green Public Procurement in Indonesia: Report 

Green Public Procurement in Indonesia: Report 

November 29, 2024 | , ,

Public procurement in Indonesia accounts for a substantial portion of the government’s spending—over 45% in 2022. This corresponds to approximately 6.6% of the total nominal GDP, highlighting the potential of GPP to drive significant environmental, social, and economic benefits. GPP is already anchored in key national plans and strategies as a tool for fostering a sustainable transformation of the economy. Indonesia has also developed a framework of laws and regulations to support GPP. While there is a growing awareness and adoption of GPP in Indonesia, challenges remain.

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China’s Climate Technology Investment Market: Report

China’s Climate Technology Investment Market: Report

November 22, 2024 | , ,

To overcome the financing difficulties in the early stages of climate technology development and to promote efficient capital flow and allocation, this report, based on the status of China’s climate technology development and investment market, focuses on the specific challenges faced by startups in climate technology investment and financing. It systematically analyzes the core influencing factors and proposes strategies from three dimensions — scientific modeling, platform development, and financial product innovation — to support the construction of a sustainable investment and financing ecosystem.

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Energy Transition Investment Outlook: KPMG

Energy Transition Investment Outlook: KPMG

November 22, 2024 | , ,

As the energy transition accelerates, massive investment opportunities are emerging across multiple sectors. These are driven by the need to expand renewable energy capacity, improve energy and resource efficiency, and upgrade related infrastructure. This report “Energy transition investment outlook: 2025 and beyond” by KPMG tracks the investor perspective on the energy transition, emphasising the importance of increasing, sustained and collaborative investment.  It explores how a wide range of forces (such as public policy, market dynamics, technological progress and financial innovations) drive investment.

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Residential Rooftop Solar Potential in India: Report

Residential Rooftop Solar Potential in India: Report

November 8, 2024 | , , ,

The residential sector will grow at the fastest pace within the rooftop solar space in the next few years. The residential rooftop solar market is becoming commoditised, and financers are establishing industry-wide tie-ups to offer a one-stop solution. PMSGY scheme will ensure a pan-India growth of residential rooftop solar, with a significant chunk of demand also from tier-2/3 cities and rural areas.

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Southeast Asia Energy Outlook 2024: IEA Report

Southeast Asia Energy Outlook 2024: IEA Report

October 24, 2024 | , ,

Southeast Asia is a very dynamic region and a driving force behind global energy trends, with a projected rise in energy demand over the coming decades second only to India. Eight of the ten countries in Southeast Asia have net zero emissions goals: Brunei Darussalam, Cambodia, Lao PDR, Malaysia, Singapore and Viet Nam have set a target date of 2050; Indonesia of 2060; and Thailand of 2065. Fossil fuels – led by coal – have met nearly 80% of Southeast Asia’s rising energy demand since 2010. At a time of heightened geopolitical tensions, energy security and affordability remain top priorities for Southeast Asia. The region’s energy future looks different from its past, but demand for all the major energy sources continues to rise in the STEPS.

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Hydrogen Electrolyser Manufacturing in India: Report

Hydrogen Electrolyser Manufacturing in India: Report

October 18, 2024 | , , ,

India has set an ambitious target of producing 5 million tonnes per annum (MTPA) of green hydrogen by 2030 with an aim to mitigate 50 million tonnes of CO2 and reduce energy imports by INR 1 lakh crore. Electrolysers play a critical role in the green hydrogen production process and constitute 30–50 per cent of the total cost of green hydrogen.  The electrolyser market in India is expected to grow to 20 GW by 2030, 112 GW by 2040, and 226 GW by 2050. The report indicates that about 72 per cent of the PEM electrolyser manufacturing cost can be readily indigenised.

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Redirecting Wind Power Sector in India: EMBER

Redirecting Wind Power Sector in India: EMBER

October 11, 2024 | , , ,

This report discusses the role of wind in India’s energy landscape in 2030 and beyond. It highlights key development in the wind sector and their implications for the sector’s growth. The report examines the complementarity of wind and solar in India, demonstrating how their diurnal and seasonal patterns can work together to create a more balanced and reliable renewable energy grid. It also addresses how overcoming current challenges in wind energy could unlock further potential for India’s energy transition.

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Vietnam’s Renewable Energy Market: Report

Vietnam’s Renewable Energy Market: Report

October 3, 2024 | , ,

The report “Vietnam: Renewable Energy Market” by The Ministry of Foreign Affairs and Trade and New Zealand Government summarises that Vietnam is strongly committed to the development of its renewable energy sector. Achievement of the government’s ambitious targets will require significant foreign investment. Reliable sources of renewable energy will attract investment in the manufacturing sector. 

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Green Hydrogen Adoption in Chinese Industries: Report

Green Hydrogen Adoption in Chinese Industries: Report

September 27, 2024 | , , ,

This report suggests and interprets the cluster development model in light of the critical requirements for the widespread utilization of green hydrogen in industry, and the distribution of industrial capacities and availability of green hydrogen resources in China. Specifically, the report conducts techno-economic analysis of green hydrogen production, storage, transportation, and utilization in industry, forming a foundation for achieving cost-efficiency when technically feasible during the cluster development process. 

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Vietnam’s Carbon Border Adjustment Mechanisms: Report 

Vietnam’s Carbon Border Adjustment Mechanisms: Report 

September 20, 2024 | , ,

The report recommends that Vietnamese businesses must proactively gather information and establish networks for CBAM compliance research. By sharing and leveraging information, businesses can develop effective strategies to not only meet international market demands but also achieve sustainable long-term growth. This not only helps businesses meet global standards but also creates opportunities for them to expand and grow their markets. From a governmental perspective, Vietnam holds a certain position in negotiating with other countries, and thus, various options need to be carefully considered. 

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