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Energy and utilities
The Energy sector plays a pivotal role in economic and social development by supplying what might be described as the “flow of blood” to production and transportation systems. Its main objective is to ensure the reliable, affordable and clean energy needed by modern societies, thus contributing to well-being and prosperity around the globe.
The Energy sector involves the generation, transmission and distribution of electricity derived from a variety of sources, including fossil fuels, nuclear power and renewable sources. It also includes activities concerned with fuels themselves, which extend along the entire value chain, such as oil and gas extraction and transportation, coal mining, refining of petroleum products, and wholesaling and retailing of fuels.
Renewable energy plays a pivotal role in China's strategy to meet its escalating energy demands and address the environmental challenges. As the largest market for renewable energy investment worldwide, China spent an estimated USD 890bn on clean ...
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At the United Nations Framework convention on Climate Change (UNFCCC) in October 2022, Singapore committed to achieving net zero emissions by 2050. For 2030, the country has set the target for Greenhouse Gas (GHG) emissions at 60mn tonnes. As of 2023 ...
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The renewable energy (RE) sector in Emerging Europe* has surged in recent years, bolstered by government policies aimed at diversifying energy sources and reducing the reliance on Russian energy. The European energy crisis, triggered by Russia's ...
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Coal power maintains a significant presence in China's electricity generation, but the share of nuclear and renewable energy continues to increase as the country changes course towards a greener energy mix. According to the International Energy ...
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Renewable sources of energy account for some 30% of the power capacity mix and 20% of power generation in the Philippines. In 2023, at 3.75 GW, hydroelectric power was the largest renewable energy (RE) source in the country in terms of capacity, ...
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The renewable energy sector in the countries forming the Association of Southeast Asian Nations (ASEAN) region is at a critical juncture. While there are strong policy commitments and a clear recognition of the region's vulnerability to climate ...
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