Insight

Will LNG or offshore wind be the preferred source of power in northeast Asia?

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30 November 2020

Will LNG or offshore wind be the preferred source of power in northeast Asia?

Report summary

This insight examines why markets in coastal northeast Asia are looking into high cost power generation such as LNG and offshore wind. It breaks down how much fossil fuel capacity will be retired, how much generation is expected from offshore wind by 2030, and the effects on gas demand. The insight includes quantifying offshore wind generation into gas demand equivalents, and cost comparisons to other key technologies.

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    LNG or offshore wind in northeast Asia_PR.pdf

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