Head of Asia-Pacific
Bloomberg New Energy Finance
Two years ago, when Bloomberg New Energy Finance held its first APAC Future of Energy Summit in Shanghai, the theme was the three “T”s – trade, technology and transition. On November 28-29, when we hold our latest Summit in the world’s most populous city, those three will still be vital, but some of the most urgent discussion will be about six “Q”s.
In the space of those two years, the energy transition has moved into full swing in Asia, with power markets liberalizing, renewable energy integration a topic of heated debate and governments forced to legislate the right energy mix in order to balance environmental and security concerns. In clean energy, Asia-Pacific is about to record its fifth successive year of substantially out-investing both the Americas and Europe, Middle East and Africa.
This rapid progress is leading people to ask some uncomfortable questions about the next phase. These include the six “Q”s below, encompassing everything from rates of return in the “belt and road initiative”, to the form of electrification in developing economies, from the location of future battery manufacturing, to the pain of moving away from combustion vehicles, from how to design markets to ensure grid stability, to whether Asia could experience a natural gas revolution.