Investment in renewable energy around the world is entering a new phase that will require governments and the private sector to re-think the way they develop projects.
Hydrogen has the potential to be the next breakthrough energy source but key challenges need to be overcome before it can be scaled up to widespread use. Developing countries could be at the forefront of this new “hydrogen economy”
Renewable energy, innovation, and investment in new technologies will help Kazakhstan decarbonize its economy without sacrificing the wellbeing of its people.
Asia and the Pacific must seek to achieve 24/7 electricity supply with good quality and sufficient quantity to maximize economic and human development benefits.
Tax and economic incentives for renewable energy and alternative fuel projects were once seen as key to attracting private investors to a country’s green energy plans. Increasingly, these subsidies – which can be revoked by governments as quickly as they were granted – are seen as risky and unpredictable if not rolled out carefully.
Thailand’s next phase of growth requires a transition to a low-carbon economy while ensuring energy security, affordability, and sustainability.
COVID-19 has exposed the vulnerability of energy value chains but solar power could be an indigenous solution to keep the lights on during a crisis.
Pacific countries are finding innovative new ways to finance renewable energy products that are making them more attractive to private investors.