Reportlinker announced new report titled: The report on Asia-Pacific Renewable Electricity Sector: A Country Comparison of Risks and Opportunities
This report provides a detailed analysis of the renewable electricity sector in 11 countries in the Asia-Pacific region: Australia, China, India, Indonesia, Japan, Malaysia, the Philippines, South Korea, Taiwan, Thailand and Vietnam. These are key countries for investors in the renewable energy sector, especially Thailand, where $700 million of new investment was dedicated.
Regional catalysts for renewable power development
In the region today, the main drivers for renewable power deployment are greenhouse gas emissions reduction targets, and the recognition that renewable power can be a partial solution to the rapidly increasing demand for electricity, while enhancing energy security. For developing countries in the region, added to these drivers are the challenges presented by the need for rural electrification. As renewable power technologies become more accessible and renewable power generation costs decrease further, the development of renewable power is expected to accelerate in the region.
Incentives exist in the Asia-Pacific region, but domestic influences pose a challenge
A regulatory framework to promote renewable power deployment is already in place in many of the countries of the region. However, the power market is often tightly controlled by incumbents under a vertically-integrated structure of the power sector. In addition, for both domestic and foreign developers, lack of grid capacity and uncertainty for development permits are major risks. Nevertheless, the region in general offers significant opportunities for renewable power development because of the drivers for renewable power.
Country comparison shows clear regional leaders
In this report, the renewable electricity sector of 11 Asian-Pacific countries is assessed in terms of both opportunities and risks for investors by using a series of indices. Each index consists of multiple measures that accurately and numerically evaluate the opportunities or risks concerned.
[mappress]
Offshore WIND staff, December 19, 2011