Since our last update, various initiatives and developments across the Asia-Pacific market seem to support the prospect of future growth. In this issue of APAC Energy Pulse, we take a closer look at some of these initiatives...more
3/28/2025
/ Asia Pacific ,
Clean Energy ,
Energy Policy ,
Energy Projects ,
Energy Sector ,
Green Energy ,
Investment ,
Offshore Wind ,
Popular ,
Renewable Energy ,
Sustainability
A recent report by Wood Mackenzie predicts that average renewable energy certificate (REC) prices in the Asia-Pacific region will drop by 76% between 2023 and 2050. The projected decline is due to an oversupply in the REC...more
The Asia-Pacific region has experienced some headwinds in the renewable energy sector (particularly offshore wind) in recent times. These headwinds take the form of, for example, higher devex and capex costs, inadequacy or...more
Asian countries have predominantly relied on coal and natural gas to meet their electricity demands, but the landscape is rapidly evolving. Many Asian countries have committed to ambitious net-zero and decarbonisation goals....more
The Singapore government has committed to enhance the island nation’s green transition ambition to achieve net zero by 2050, a boost from Singapore’s previous goal set in 2020. The energy regulator in Singapore has concluded...more