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Home to half of the world’s population and contributing a third to the global GDP, the Asia Pacific region is expected to maintain a 50% share of global primary energy demand and a 60% share of global carbon emissions until 2050. This trend is unlikely to change without strong policy action and investment. However, the region still has the potential to turn these challenges into opportunities and become a global leader in the energy transition.
Plummeting Utility PV solar costs beat coal power to emerge as the cheapest power source in the region
Global floating solar demand is expected to grow by an average of 22 percent year-over-year from 2019 through 2024.
The energy transition is well underway. But huge challenges still stand in the way of decarbonisation. What could influence the pace and scale of the transition? David Brown investigates.
Wood Mackenzie estimates that by 2020, 9.4 million EVs be on the road, with 7 million residential charging points. Can the EV revolution take range anxiety?
US residential solar finance is taking a hit in 2020 due to Covid-19 impacts.
Price pressure is fairly constant in the inverter market, but 2018 saw a particular squeeze on vendors
The US Senate is allocating nearly $300 billion to America's Transportation Infrastructure Act (ATIA). Alternative fueling stations will benefit EV drivers.
How does the region move rapidly towards a pathway to decarbonisation in line with Paris Agreement goals, while ensuring continued economic growth and competitiveness?
How would the Western Interconnection region cope in both normal daily operations as well as various stress scenarios, and what would it take to push it over the edge? Wood Mackenzie was brought in to identify the risks and recommend options to mitigate these threats.
European solar installations hit a five-year high in 2018, and the annual market should crack 20 gigawatts by 2021.
A new variation on DC-coupled system architecture is making DC-coupling attractive for FTM applications for the first time
The solar O&M market has not yet consolidated to the extent stakeholders predicted.
A new variation on DC-coupled system architecture is making DC-coupling attractive for FTM applications for the first time.
Electric Vehicles (EV) grid services pilot projects number in the dozens; however, they largely remain in the demonstration phase. Learn why.
Questions about IRPs and RFPs speak to a new way of looking at the energy mix. Read more.
One needs two ingredients to make wind plus storage succeed: technical capabilities and a predictable revenue stream that values the firmed capacity.
Oil and gas Majors claim 15 percent of the global oil and gas market. Matching this scale in wind and solar would require investment of over US$200 billion. While achievable, this means the Majors need to either develop or buy a lot of renewable energy projects.
In Asia Pacific, the renewable power market is evolving rapidly. Changes in policy and prices are driving solar demand down and offshore wind capacity up. Longer term, improvements to infrastructure and technology are expected to drive exponential growth.
Offshore wind projects and ultra-large solar PV tenders are two promising areas for the Majors to explore. Read more.
Find out what to look out for in this fast changing sector. Understand what is driving the investment rationale in renewables. And explore technological
Policies and technology build positive momentum for global offshore wind
Is investment in natural gas the key to positioning upstream portfolios for a low-carbon future?
Utility planners will need to plan for an incoming wave of emerging technologies and be able to predict where and when power demand will be highest.
As their prevalence in the automotive spotlight grows, EVs are increasingly on the minds of those investing in energy markets. But how much do we know about their evolving market share?
As they begin to adapt their portfolios for the energy transition, companies will begin concentrating on low-cost resources, with high-carbon and high-cost assets, like oil sands, being sold down.
The rapid growth of renewables has changed the power mix and left the grid struggling to adapt.
After 2025, the oil majors’ will be looking for new opportunities, and the renewables market will be an area of increasing focus. Is there enough growth to go around?
A power grid that is reliable, affordable, and clean may be one of the 21st century’s greatest ambitions, and no economy is blazing the trail faster than California.
Trump’s victory cast a shadow over the conference, which commenced with a celebration of the Paris Agreement entering into force just days beforehand.
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