Commodity Market Report

Battle for the future 2023: Plummeting solar costs remake the power landscape in Asia Pacific

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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.

Table of contents

  • Asia Pacific power and renewables competitiveness

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What's included

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  • Document

    Battle for the future 2023_PR.pdf

    PDF 2.48 MB