Asia Energy Transition Market Trends and Analysis by Sectors and Companies Driving Development

This outlook provides analysis and trends on Asia's energy transition from non-renewable to renewable sources. A 2030 outlook predicts renewables will experience a rapid growth in power capacity and generation outlook in the region, due to the acceleration of investment towards net zero targets.

Asian countries have started pushing for policies and incentives which can allow them to become leaders in the main energy transition sectors. Although they are moving quickly in developing renewable energy, further policies and actions need to be implemented to increase its competitiveness across the other four sectors. Energy supply is also the main sector responsible for CO2 emissions in the region.

Key Highlights

The Asian power market is dominated by coal-fired power plants, which currently make up 40% of the power mix, although certain countries, such as Singapore, heavily rely on gas to cover their energy demand. In both cases, the regional outlook for increasing renewable capacity by 2035 seems positive, with an expectation of almost 60% of renewables in the mix, with solar and wind the leading renewable technologies.

Even with the efforts to increase the share of renewables, in order to cover the increasing energy demand, there is still substantial upcoming capacity from thermal power plants through to the middle of this decade. As consequence, this will create an increase of almost 100 MTCO2 in emissions from thermal power.

Scope

Regional Energy Transition in Asia
Policies supporting energy transition
Power renewable capacity and generation by 2035 and thermal decommissioning capacity
Electric vehicles market and growth
Renewable refineries in the EU
CCS capacity and main industries adopting CCS
Main hydrogen developments and hydrogen capacity in Europe

Reasons to Buy

Identify the last trends, policies and leaders in energy transition technologies.
Develop market insight of current, in development and announced capacity and latest trends of each of the sectors.
Understand the potential market growth and policy support for renewable power, hydrogen, renewable refineries, CCS, EVs.
Facilitate the understanding on where the market is growing as it positioned as one of the main topics of the international agenda.

Executive Summary
Sector Readiness and Leaders
Power Outlook & Generation
Renewable Energy Policies & Economics
Power Capacity Share Outlook
Power Generation Outlook
Thermal Power Decommissioning & Emissions
Major players: Solar and Wind Owners, Manufacturers, and EPCs
Electric Vehicles
Passenger EV Outlook
Policies
Renewable Fuels
Renewable Fuels
Renewable Refineries
Polices and Players
CCS/CCU
CCS/CCU Projects
Hydrogen
National Hydrogen Strategies
Regional Policy
Upcoming projects
Capacity scenarios
End use sectors

List of Tables

Table 1: Sector Grid and Leaders
Table 2: Policies and Strategies
Table 3: Power Policies, Incentives and Targets
Table 4: Solar Power Capacity EPCs and Manufacturer Leaders
Table 5: Wind Power Capacity EPCs and Manufacturer Leaders
Table 6

List of Figures

Figure 1: European LCOE
Figure 2: Cumulative Renewable Capacity by Country
Figure 3: Power Capacity Share, 2020 - 2035, %
Figure 4: Power Generation Share, 2020-2035
Figure 5: Decommissioning and Upcoming Thermal Capacity
Figure 6: Asia's

Asia Energy Transition Market Trends and Analysis by Sectors and Companies Driving Development

Description

Table of Contents

List of Tables

Abstract

Key Highlights

Scope

Reasons to Buy

Table of Contents

Table of Contents

List of Tables

List of Tables

List of Figures

List of Figures