Insight

Battle for the future: Asia Pacific renewable power competitiveness 2019

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The Asia Pacific region is expected to supply two thirds of global power demand growth in coming decades, and power market investment decisions in this region will, to a large extent, determine the success or failure of the energy transition for the global power system in coming years.

Wood Mackenzie's first Asia Pacific renewables competitiveness report presents a comprehensive assessment of the competitiveness of wind and solar power compared to fossil fuels today, and gives a detailed forecast of the trends in each country to 2040. This report pulls in expertise from Wood Mackenzie's wind, solar, storage, coal and gas research teams. It includes a data table with levelized cost of electricity (LCOE) data and outlooks for 12 Asia Pacific countries for solar, wind, gas and coal. Our Power & Renewables reports and data provide deep insight into the current and future state of electricity generation.

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