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Asia Pacific could become a global leader in the energy transition

Asia Pacific could become a global leader in the energy transition Nearly 50% of the world’s low-carbon technology opportunities will be in Asia Pacific by 2050 SINGAPORE, 21 February 2024 – Home to half of the world’s population and contributing a third to the global GDP, the Asia Pacific region is expected to maintain a 50% share of global primary energy demand and a 60% share of global carbon emissions until 2050. This trend is unlikely to change without strong policy action and investment. H

Offshore Wind Faces Shake-up as Tenders Abandon

A new set of factors beyond bidding price is gaining traction in global tenders to award licenses for offshore wind farms…

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