South Australia's power crisis: causes and implications

This report provides an analysis and outlook to 2050 for power technology and generation cost trends in Asia Pacific. It includes levelized cost of electricity (LCOE) data and assumptions covering 26 key technologies including conventional power sources, renewables, energy storage, carbon capture and sequestration, and green fuel co-firing with thermal power. The geographic coverage includes Japan, South Korea, mainland China, Taiwan Region, Australia, Singapore, Malaysia, Philippines, Vietnam, Indonesia, Thailand, Pakistan, India, Bangladesh and New Zealand, plus coverage of sub-national regions. The report also examines competition between renewable power, fossil fuel power and dispatchable power in each country, as well as giving an overview of the key factors driving costs for each technology. The report also comes with an extensive dataset containing key power markets data and the underlying assumptions for the 15 major countries.

The geopolitical landscape surrounding the Russia-Ukraine conflict has entered a new phase, with the US pushing to broker a deal to end the war. What could this mean for Europe’s power markets? The US’ initiative has potentially profound implications for European and global gas markets, and we present three scenarios exploring how the nature of any peace agreement could determine Europe’s gas and power price outlooks.