APAC

China to lead CCUS investments by 2050

China, North America, ASEAN and India account for 70% of the investments.

China to lead CCUS investments by 2050

China, North America, ASEAN and India account for 70% of the investments.

ENR private equity deals in APAC grow amidst energy transition focus

This is despite the overall private equity decline in the region.

Majority of energy companies to invest in employee capabilities

Talents should also be prioritised amidst technology investments.

Gentrack gains ground on SAP and other legacy solutions

High demand for Gentrack: Utility-specific software is leading the digital revolution towards Net Zero.

Offshore wind capacity in South Korea and Japan to surpass onshore installations

However, their offshore capacity is expected to only exceed 200 MW in 2025.

Disproportionate investments in energy transition favour developed countries

The 120 developing nations only secured 15% of the total investments in renewables.

Global energy transition still off track as renewable investment lags

The world needs to install 1,100 GW of renewables yearly by 2030.

Nearly 7 in 10 ENR executives believe AI will transform their operations by 2030

They see it beneficial in improving maintenance and production, amongst others.

ENR executives concerned about energy transition projects’ economic viability

The majority of APAC executives, however, are optimistic about the projects’ contribution.

China leads global wind turbine orders to a record high in 2023

Global wind turbine orders rose by 16 GW year-on-year to reach 155 GW.

Natural hydrogen grows globally as potential major low-carbon energy source: Rystad Energy

Over 40 companies have commenced exploration for natural hydrogen deposits.

Commercial production of white hydrogen unlikely in the short term

Hydrogen is touted as the "ultimate energy source of the 21st century." Significant in promoting sustainable global economic development, it gradually becomes one of the important drivers for global energy transition.

APAC markets turn to rooftop solar, nuclear power to meet RE targets

China and India implemented policy changes to boost their rooftop solar installations.

Global nuclear SMR pipeline reaches 22 GW in Q1 2024

The project pipeline would need a $176b investment.