Singapore Energy and Commodity Summit 2019 - Disruptive technology: Renewables' growing role in Asia
Wood Mackenzie's Singapore Commodities and Energy Summit was held in November 2019. Alex Whitworth presented on Disruptive technology: Renewables' growing role in Asia. The presentation talked about the following points: (1) Technology disruption has already occurred as wind and solar power generation costs have fallen below those of gas in Asia Pacific. (2) This has caused China, India and other developing markets to become a focus of renewables investments, now competing in the same league as Japan and the United States in terms of penetration of renewables. (3) Policy and investment turbulence is expected to follow technology disruption, and broadening of impacts beyond the power sector.