GAS, RENEWABLE ENERGY INTEGRATION TO HASTEN ASIA'S ENERGY TRANSITION - BLACK & VEATCH

KUALA LUMPUR, Sept 27 (Bernama) -- As Asia races to expand its variable renewable energy generation, more integration of generation, transmission and distribution technologies will be required to balance electric grids, enhance energy security and reach decarbonisation goals.

“Rising demands from intensive power users like data centres and the electrification of transportation are increasing the load burden and profiles on Asia’s grid,” said Black & Veatch’s Executive Vice President & Managing Director, Asia Pacific, Narsingh Chaudhary.

“The electric industry can accelerate Asia’s energy transition by deploying existing and emerging decarbonisation, hydrogen, renewable and energy storage solutions.”

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According to the Black & Veatch 2022 Asia Electric Report, senior industry executives viewed the integration of renewable energy into grid systems as the biggest challenge facing Asia’s electric industry. 

One in four industry respondents revealed they were not confident in the performance and resilience of their transmission and distribution systems.

Additionally, top threats to providing reliable service to customers were cited as underinvestment in transmission and insufficient energy storage.

According to a statement, approximately half of survey respondents said they believed that over the next five years there would be “more investment” in gas or LNG-to-power facilities combined with carbon capture.

Meanwhile, separately, 46 per cent of respondents believed gas-fired generation would remain an important part of the grid beyond 2035.

Black & Veatch is a 100-per cent employee-owned global engineering, procurement, consulting and construction company with a more than 100-year track record of innovation in sustainable infrastructure.

-- BERNAMA