Opinion

Asia Pacific power and renewables: what to look for in 2024

Asia Pacific markets powered ahead in 2023, with strong overall demand growth and enormous investments in the power and renewables sector. We explore whether this growth will continue in 2024, or whether there are some fundamental changes underway

1 minute read

Asia Pacific markets powered ahead in 2023 with strong overall demand growth, strong investments in the power sector and the acceleration of some key energy transition trends. We are living through a boom of investment across the region in not only renewables but also conventional technologies including coal, gas, nuclear and hydro. Is this strong growth set to continue in the APAC region? Or are there some more fundamental changes underway?

Our 2024 Asia Pacific power and renewables outlook report explores these five key questions: 

  1. Is there any sign that power demand growth is slowing in Asia Pacific?
  2. What is the end-game for China’s massive expansion of solar and renewables supply chain?
  3. Is the market for offshore wind in Asia Pacific cooling down or heating up?
  4. Are valuations of power generation assets going to follow power prices down?
  5. Can utility-scale energy storage make money?

Get the report

To find out the answers to the questions above, fill out the form on the top of the page to download your complimentary copy of our 2024 Asia Pacific power and renewables outlook report.