Asia s power mix will evolve notably over our ---year forecast period to ----, with coal s share in the region s power mix falling gradually from -- currently to -- in ----. Alternative fuels such as gas, nuclear and renewable energy will make up for this decline, as growing concerns over environmental pollution and conducive policy drive growth, particularly in the regional power heavyweight of China. ...Asia s power mix will evolve notably over our ---year forecast period to ----, with coal s share in the region s power mix falling gradually from -- currently to -- in ----. Alternative fuels such as gas, nuclear and renewable energy will make up for this decline, as growing concerns over environmental pollution and conducive policy drive growth, particularly in the regional power heavyweight of China. Total power generation in Asia will grow by an annual average of -.- between ---- and ----; this aligns with the surging power demand in the region, underpinned by electrification progress and strong demographic trends. ...Indonesia s power and renewables competitive landscape will remain dominated by domestic firms, notably PLN over the coming years, as the state-utility drives Indonesia s ambitious power sector expansion. The heightening competition between Chinese and Japanese companies for contract opportunities across the Asia region is clearly evidenced in Indonesia s power sector, with China capitalising on Indonesia s expanding coal-power sector and Japan maintaining its monopoly in the geothermal segment.
...BMI View: Coal will gradually lose some of its share in the Asia power mix over the coming decade, as growth in less polluting fuels - such as, renewables, gas and nuclear - gain prominence. That said, coal will maintain its position as the dominant fuel for the region, as coal s cost competitiveness and widespread availability outweigh environmental concerns. ...That said, coal will maintain its position as the dominant fuel for the region, as coal s cost competitiveness and widespread availability outweigh environmental concerns. Asia s power mix will evolve notably over our ---year forecast period to ----, with coal s share in the region s power mix falling gradually from -- currently to -- in ----. Alternative fuels such as gas, nuclear and renewable energy will make up for this decline, as growing concerns over environmental pollution and conducive policy drive growth, particularly in the regional power heavyweight of China (see --th Five-Year Plan: Cementing China s Power Mix Transition , March --). ...Asia s power mix will evolve notably over our ---year forecast period to ----, with coal s share in the region s power mix falling gradually from -- currently to -- in ----. Alternative fuels such as gas, nuclear and renewable energy will make up for this decline, as growing concerns over environmental pollution and conducive policy drive growth, particularly in the regional power heavyweight of China (see --th Five-Year Plan: Cementing China s Power Mix Transition , March --).
...The non-hydro renewables sector will also register robust growth over the next decade, as supportive policy and greater access to funding drive the deployment of the technology. Again, China leads the way in terms of renewable energy development as a result of the government s commitment to diversifying the country s power mix away from coal and reducing domestic environmental pollution. ...
