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Asia’s renewables need massive grid investment

From woodmac.com

Across Asia Pacific, the rapid increase in wind and solar installations is dramatically altering the power mix and helping reduce carbon emissions. But this much-needed growth in capacity is already being challenged by transmission and distribution grids ill-suited for both the intermittency of renewables and the location of new projects often far from traditional load centres. The result is a rising inability of national grids – designed to deliver power from large coal, nuclear and gas plants – to support the level of renewables needed to come close to putting the region on a pathway to net zero. In many instances, ... (full story)

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  • Category: Fundamental Analysis