Governments and utility operators across Asia are challenged with balancing pressures to decarbonize while continuing to meet growing electricity demand with affordable power. While coal remains the dominant source of power generation for many nations in the region today, it is a major source of carbon emissions.
As governments’ efforts to tackle climate change accelerate, asset owners with significant long-term capital tied up in coal-fired generation will need to reconsider the role of their facilities to avoid their assets becoming stranded. Owners must begin planning now for retirement, repurposing with affordable and alternative generation, or further diversification of their business portfolios.
