RENEWABLES
What are the key findings of the 2022 Asia Electric Report ? The report underlines the importance of our electricity systems as a whole , particularly as utilities throughout the region are managing considerable change because of rising decarbonisation demands , climate impacts and other technological advances and opportunities .
According to the report , senior industry executives in the region viewed the integration of renewable energy into grid systems as the biggest challenge facing the industry . Underinvestment in transmission and low confidence in the performance and resilience of their transmission and distribution systems are prominent themes in the report .
“ WE NEED LEADERS TO STAND TALL , BRIDGE GAPS AND PROBLEM SOLVE IF WE ARE TO ACHIEVE A CLEAN ENERGY TRANSITION THAT IS AFFORDABLE AND JUST , SO THAT ALL PEOPLE BENEFIT ”
NARSINGH CHAUDHARY EXECUTIVE VICE PRESIDENT & MANAGING DIRECTOR , ASIA-PACIFIC , BLACK & VEATCH
The report also highlights mounting pressures from investors , large customers and governments to lower grid emissions as they , in turn , face pressure from their stakeholders . With the introduction of more renewable energy changing the very nature of electric grid management , the report urges Asian electricity providers to plan and invest seriously across the entire system of generation , transmission and distribution assets . sustainabilitymag . com 55