2016 Pacific new energy vision

Polaris solar PV net news: new energy Outlook Bloomberg new energy finance’s annual global energy future the long-term prospects. This report is the Asia Pacific Outlook, focusing on China, Japan, and India and Australia.

Capacity will be three times what it is today-25 the new electricity generation capacity data will increase in the Asia-Pacific region, capacity will be three times what it is today, power generation capacity will be doubled. Development model of reference to other parts of the world by 2040, renewable energy will make up the Asia-Pacific region 4867GW nearly two-thirds of new capacity.

Cheap coal to survive in low-cost renewable energy under the impact, thanks to the wealth of offshore and domestic supply by 2040, coal will continue to be the region’s main energy: coal-fired power will occupy a total of total installed generating capacity of 42% and 24%.

Are unable to displace coal – gas cheap coal and cheap renewable energy market competition in a stalemate and growing demand of natural gas failed to increase in market share. 25 years of gas-fired power station installed capacity rose by a slight 47GW (13%), which is about the one-fifth of the net growth in installed capacity of thermal power.

But India market will increase gas-fired power generation accounts for the Asia-Pacific region total 14%–2015 years, but by 2040 will be 9%, due to diversification in forms of power generation in the region. In addition to China and India, Asia Pacific most gas-fired electricity generation in 2015-2040 period will decline. By 2040, India will become one of Asia’s largest gas consumer, consumption accounted for gas-fired electricity generation in the region of around one-third (609TWh). For the region’s future energy trade and security situation will have a major impact.

China’s growth will slow, but will still achieve great development–despite the slowdown of the Chinese economy, power consumption in the short term, but the capacity in China will be released during the 2016-2040 2619GW, 54% of the total new capacity in Asia Pacific. China is gradually shift to a service economy and zero carbon power generation patterns, and therefore carbon emissions from the power generation sector in China will peak in 2025.

Solar power will usher in a significant development, but similar to other parts of the world, most of the Asia-Pacific region will still be a large PV projects projects. PV power generation will increase in the period 2015-2040 is expected to add 1933GW capacity, more than other types of power generation technology. About 68% local area will be the new PV projects for large-scale power generation projects.

India will replace China as the world’s largest emitters. 2040 China will remain the world’s largest emitter power, annual displacement of 3315 tonnes. But India, followed by annual emissions up to 3125 tons and 2030-2040 4% will remain during years of high growth rates. Thus, in 2015-2040, India’s emissions will grow by more than 1 time, 2040, China’s emissions will be lower in 2015 than it 5%.

Japan is the only country to reduce energy use in the region, but also the Asia-Pacific region only a sharp decline in electricity consumption is about country. Despite 25 years Japan’s GDP will grow by 24%, but energy efficiency increase and population decline helped Japan reduce total energy use.

Original title: 2016 new energy vision: the Asia-Pacific region

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