Power & Renewables

Asia Pacific November 2019

Regional analysis & forecasts
Asia Pacific

China could switch focus to transmission networks from renewable power generation in terms of its investment as Beijing’s confidence grows that it will meet its 2020 climate targets. China has in recent weeks trumpeted its success in reducing emissions, which it has achieved largely by closing older coal power stations and slashing investment in new coal-fired plants. The International Energy Agency (IEA) said in its 2019 investment report in July that Chinese funding was increasingly driven by low-carbon electricity supply and networks, and that energy...