Category: Knowledge Center Asia

De-Risking EV Lending in India: Report

De-Risking EV Lending in India: Report

April 5, 2024 | , , ,

Despite the growing adoption of EVs in India, the availability of accessible and affordable financing remains one of the major challenges for the widespread transition to e-mobility. From the perspective of financiers, lending for ICE two- and three-wheelers is a difficult business because the borrower profile consists of many new-to-credit customers who are learning to adapt to formal credit cycles and typically have a history of significant delays in payments.

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Vietnam’s Green Hydrogen Potential: Paper

Vietnam’s Green Hydrogen Potential: Paper

March 17, 2024 | , , ,

Between 2016 and 2020, the manufacturing sector made up 23.8% of Vietnam’s GDP, with almost one-fifth—5% of the manufacturing sector—coming from the domestic iron and steel industries. Surprisingly, the steel sector alone is responsible for 7% of Vietnam’s total CO2 emissions. Decreasing emissions from iron and steel will require transitioning away from fossil fuels that have traditionally powered production and shifting toward low or zero-emission alternatives. 

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Scaling rooftop solar in Bangladesh: Presentation

Scaling rooftop solar in Bangladesh: Presentation

March 15, 2024 | , , ,

This slide deck “Scaling up rooftop solar deployment in Bangladesh” is prepared by IEEFA. It indicates that Bangladesh needs to design a market that incentivises and de-risks investments in rooftop solar to increase the pace of implementation and achieve scale. The study focuses on major challenges in the rooftop solar space, measures to address these issues, and policy-level interventions to change the status quo.

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China Misses Climate Targets: Report

China Misses Climate Targets: Report

March 1, 2024 | , ,

In 2021, the country committed to strictly limiting coal consumption growth; strictly controlling new coal power; reducing energy intensity; and reducing carbon intensity; it also set targets of increasing the share of non-fossil energy sources to 20%; and getting more than 50% of the increase in energy use from renewable sources. All of these targets are severely off track after 2023. Almost half (46%) of the growth in energy use came from coal and 70% from fossil fuels, against a target of getting more than 50% of the growth from renewable energy, target that is off track.

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Update on China’s EV Revolution: Presentation

Update on China’s EV Revolution: Presentation

February 23, 2024 | , , ,

Despite slower growth, China’s NEV market continues to expand. NEV sales are expanding for almost all market segments, but the most rapid growth is among PHEVs for larger vehicles, though PHEVs are still a minority of NEV sales volume. Under either a rapid or slower growth scenario, NEVs are set to surpass 50% of the total vehicle stock by the early 2030s

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Indonesia’s Charging Infrastructure Demands: Paper

Indonesia’s Charging Infrastructure Demands: Paper

February 16, 2024 | , , ,

This study analyses Indonesia’s unique charging infrastructure needs by exploring two categories of charging stations, private and public. Private chargers are home chargers in single and multi-family dwellings and depot chargers that serve EV fleets in centralised locations. Investment costs for private chargers are borne by individuals or companies.

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Bidirectional Charging for PV Integration in China: Report

Bidirectional Charging for PV Integration in China: Report

January 5, 2024 | , , , ,

The report extends an earlier analysis of rural PV and heat pumps to include an evaluation of the potential for bidirectional EV charging. Rural China is undergoing a vast build-out of rooftop solar, but also suffers from grid constraints that hinder absorption of midday PV, making local energy storage potentially important for shifting PV overproduction to other hours.

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Carbon Capture, Utilisation and Storage Policy in Indonesia: IEA Report

Carbon Capture, Utilisation and Storage Policy in Indonesia: IEA Report

December 28, 2023 | , , ,

Indonesia’s young power and industrial assets need clean energy alternatives and energy efficiency measures in order for the country to reach its climate target of net zero emissions by 2060. This report aims to inform that Carbon capture, utilisation and storage (CCUS) can be an important technology to help achieve that goal while advancing energy security and employment outcomes. It is set to play diverse roles in supporting Indonesia’s energy transition. 

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ASEAN Energy Statistics Leaflet

ASEAN Energy Statistics Leaflet

November 24, 2023 | , ,

2023 ASEAN Energy Statistics Leaflet (AESL) provides comprehensive visualised snapshots of the energy landscape in ASEAN. These include primary energy supply, final energy consumption, electricity, renewable energy, energy-gender, and other energy-related indicators. Data sources of AEDS are the official submission from ASEAN Member States, complemented with reports from government agencies and international organisations.

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Renewable Energy Jobs in ASEAN: Paper

Renewable Energy Jobs in ASEAN: Paper

August 31, 2023 | , ,

The findings indicate that ASEAN’s renewable energy (RE) jobs will reach between 3.9 – 5.5 million, with Vietnam and Indonesia dominating the share. Meanwhile, job share growth based on the technology is most robust in hydropower and solar. As new plants are established during the early years, job creation will be relatively higher, especially in manufacturing and construction.

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Integrated Approach to Green Fiscal for ASEAN: Report

Integrated Approach to Green Fiscal for ASEAN: Report

August 18, 2023 | , ,

There is a need to create an ASEAN Green Fiscal Policy Network (AGFPN) and an ASEAN Data Carbon Pricing Platform (ADCPP) for the AMS to meet and discuss through forums and dialogues to exchange and share ideas in green fiscal/ budgetary policy, instruments, tools, models and other issues and challenges that they might face in their efforts to adopt green fiscal consolidation towards a green economy in their respective states and the region.

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Thailand’s Clean Electricity Transition: IEA Report

Thailand’s Clean Electricity Transition: IEA Report

August 11, 2023 | , ,

Since the publication of its latest Power Development Plan (PDP) in 2020 (PDP 2018 Revision 1), Thailand has considerably increased its emissions reductions objectives, announcing a net zero greenhouse gas emissions target for 2065 and carbon neutrality for 2050. As the power sector is a large part of the country’s emissions, and because it has a key role to play in decarbonising other sectors, meeting these targets is possible only if the power sector is decarbonising too.

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Offshore Wind Market in Vietnam: GWEC Paper

Offshore Wind Market in Vietnam: GWEC Paper

July 14, 2022 | , , ,

The higher overall 2045 targets for onshore and offshore wind can ensure Vietnam is on track for Net Zero by 2050. This paper outlines the urgent need for a Route to Market process to enable the installation of 7+ GW offshore wind by 2030. In particular, this paper analyses international experience of offshore wind project development timelines and procurement mechanisms to propose an appropriate pathway for Vietnam to meet its PDP 8 targets by 2030.

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Strategy Paper for Establishment of Offshore Wind Energy Projects in India

Strategy Paper for Establishment of Offshore Wind Energy Projects in India

July 9, 2022 | , , ,

Preliminary studies carried out by NIWE across the coastline of India indicate good potential both off the southern tip of the country and the West coast for offshore wind farm development in India. Based on a multi-criteria approach involving assessment of various parameters such as wind resource, bathymetry etc., eight zones each off the coast of Gujarat and Tamil Nadu were identified as potential offshore wind energy zones.

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Japan’s Net Zero Journey Report

Japan’s Net Zero Journey Report

July 2, 2022 | , ,

The latest signs coming from the Japanese government’s policies and energy plans make the country’s net-zero goal look more and more distant. The country’s actions on the local and global energy stage are also concerning. Should Japan reconsider its priorities and cut out distractions, like hydrogen and coal and ammonia co-firing plants, the opportunities for a swift transition to a more resilient, sustainable and self-sufficient energy system is there.

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