China Report

As one of the largest countries in the world with the biggest population, China faces unique challenges in its energy sector. Changing to a cleaner energy supply is a key part of China’s plans to tackle climate change and the Chinese government is actively promoting renewables as an important part of transitioning to a low carbon economy. China is the world’s largest energy consumer and as its economy continues to grow, demand for energy is also increasing. China has immense reserves of coal, so it follows that coal has long been the most-used source of energy, but it has recently become a world leader in renewable energy as well. The government of China has put in place several policies and targets in an effort to reduce emissions and air pollution as well as increase renewable energy use.

To read the full China report as part of our Research Series, please download the PDF below.

Phillip Riley Research Series: China

 

As one of the largest countries in the world with the biggest population, China faces unique challenges in its energy sector. With more than 1.3 billion residents, the effects of global warming have the potential to affect millions and millions of its people, so climate change is undeniably of great concern to China. Because of the vast quantities of coal consumed by the country, China is also the world’s largest emitter of energy-related CO2 emissions. The use of coal for electricity generation is not only responsible for large amounts of greenhouse gas emissions, it is also responsible for a significant amount of China‘s air pollution.

China Report

Changing to a cleaner energy supply is a key part of China’s plans to tackle climate change and the Chinese government is actively promoting renewables as an important part of transitioning to a low carbon economy. In 2013, China installed more renewable energy capacity than all of Europe and the Asia Pacific region and it is still increasing.  China’s 13th Five Year Plan for energy was released recently and it outlines specific targets for energy consumption and energy resource use including increasing the percentage of non-fossil energy consumption to at least 15% of total consumption and reducing the share of coal to 58%. This is a big transition for historically coal-dependent China but it has stepped up and made impressive changes already. There are going to be a large number of clean energy projects coming online in the next four years and we will see unprecedented growth in related jobs.

To continue to read the full China report as part of our Research Series “The Future is Renewable: Targets and Policies by Country”, please click “Read More”.

South Australia swamped by 90 battery storage proposals

The South Australian government’s ground breaking battery storage tender has generated a huge response from interested parties, mostly by Australia-based developers in tandem with international battery storage manufacturers.

Phillip Riley Research Series: Thailand

Thailand’s approach to increasing the proportion of renewable energy within their energy mix has been slow and gradual. However, a transformation within the Thai energy sector is expected to change this. Thailand currently has a short-term target, which aims to increase renewable energy to 20.3% by 2022. As of 2015, the majority of the energy produced within the country was natural gas (64%), followed by coal (20%) and renewable energy (8%). Thailand’s rapid growth coupled with a depletion in their supplies of natural gas has meant that a diversification of the Thai energy sector must inevitably occur.

PR Report-Thailand

Despite the majority of Thailand’s energy generation coming from natural gas, the country consumes mainly petroleum products (54%). This is likely due to the large amounts of petroleum imported into the country, coupled with a recent reduction in its price. Despite generating enough energy to be self-sufficient, Thailand likely relies on imports and exports as a result of their highly dependent energy mix and depleting supplies. This lack of diversity within their energy system and depleting supply of fossil fuels reserves will present Thailand with some future challenges regarding the security and sustainability of their energy system. In an attempt to minimise these problems before they arise, the Thai Government has developed a number of plans in order to diversify their power sector.

To continue to read the full Thailand report as part of our Research Series “The Future is Renewable: Targets and Policies by Country”, please click “Read More”.

Thailand Report

Thailand’s approach to increasing the proportion of renewable energy within their energy mix has been slow and gradual. However, a transformation within the Thai energy sector is expected to change this. Thailand currently has a short-term target, which aims to increase renewable energy to 20.3% by 2022. As of 2015, the majority of the energy produced within the country was natural gas (64%), followed by coal (20%) and renewable energy (8%). Thailand’s rapid growth coupled with a depletion in their supplies of natural gas has meant that a diversification of the Thai energy sector must inevitably occur.

To read the full Thailand report as part of our Research Series, please download the PDF below.