Asia Pacific Power & Renewables: what to look for in 2026

2025 was a year of accomplishments and challenges for Asia Pacific markets. Supported by surging data centre installations and strong industrial growth, an extra of 600 TWh of power demand was added in 2025, with China consuming more than 10 PWh of electricity for the first time in human history.

Almost 500 GW of wind and solar were built, showing the region’s continuous momentum in its effort towards decarbonisation, while governments constantly formulated new policies to make this green generation available directly to power consumers.

However, rising trade barriers such as tariffs brought pressure to economic growth, and supply chain bottlenecks created uncertainties for energy transition.

As we step into 2026, our power and analysts drew on insights from Wood Mackenzie Lens Power & Renewables to explore the following questions:

• Will Asia Pacific’s power demand growth story continue in a more divided world?
• Will the momentum of wind and solar persist in Asia Pacific?
• Will contracting from power plants become the new norm?
• Will gas turbine supply chain bottleneck energy transition in Asia Pacific?
• Is burning low carbon fuel for power still in sight?

Fill in the form at the top of the page for your complimentary copy of this report, which explores these questions and more.