Study finds more US LNG is needed to curb Asia’s surging coal use2 Dec 2024 18:16
Robert Liew, Wood Mackenzie’s Director for Asia Renewables Research, said analysis of Asia’s future energy landscape suggested power generation capacity from solar projects in China, India and Japan would be lower than the levels outlined in the International Energy Agency’s APS and STEPS scenarios. The study indicates that a range of Asian economies – including India, Indonesia, Malaysia, Thailand and Vietnam – may have set net zero targets that were too ambitious. “There are implementation challenges that will continue to impact renewable energy projects in Asia,” Liew said.
“These include grid challenges involving lack of battery storage to overcome intermittent generation, issues associated with land acquisitions required for renewables projects and unattractive tariff regimes in several countries.” There are also country-specific challenges, Liew said. “Bangladesh, for example is densely populated, which makes developing renewable projects difficult close to demand centres. Meanwhile, countries such as Thailand and Indonesia have limited ability to harness onshore wind power due to low wind speeds.”
https://www.hydrocarbonengineering.com/gas-processing/02122024/study-finds-more-us-lng-is-needed-to-curb-asias-surging-coal-use/