Bangkok, Thailand:
As Asia races to increase its variable renewable power technology, extra integration of technology, transmission and distribution applied sciences might be required to steadiness electrical grids, improve power safety and attain decarbonization targets.
“Rising demands from intensive power users like data centers and the electrification of transportation are increasing the load burden and profiles on Asia’s grid. The electric industry can accelerate Asia’s energy transition by deploying existing and emerging decarbonization, hydrogen, renewable and energy storage solutions,” mentioned Narsingh Chaudhary, Executive Vice President & Managing Director, Asia Pacific, Black & Veatch.
According to the Black & Veatch 2022 Asia Electric Report, senior trade executives seen the mixing of renewable power into grid methods as the most important problem dealing with Asia’s electrical trade. One in 4 trade respondents revealed they weren’t assured within the efficiency and resilience of their transmission and distribution methods. Additionally, high threats to offering dependable service to prospects have been cited as underinvestment in transmission and inadequate power storage.
Approximately half of survey respondents mentioned they believed that over the following 5 years there could be “more investment” in gasoline or LNG-to-power services mixed with carbon seize, whereas, individually, 46 p.c of respondents believed gas-fired technology would stay an essential a part of the grid past 2035.
Chaudhary will suggest viable pathways for renewable power integration on the Enlit Asia 2022 occasion in September, through the trade leaders’ panel session, “‘Let’s be Realistic’: How Can ASEAN Achieve its 2050 Net Zero Emission Targets?”. He additionally will talk about how to obtain value efficiencies via all the pure gasoline worth chain. Other Black & Veatch power consultants plan to current on hydrogen, power storage and transmission methods.
About Black & Veatch
Black & Veatch is a 100-percent employee-owned international engineering, procurement, consulting and building firm with a greater than 100-year monitor document of innovation in sustainable infrastructure. Since 1915, we’ve helped our purchasers enhance the lives of individuals all over the world by addressing the resilience and reliability of our most essential infrastructure belongings. Our revenues in 2021 exceeded US$3.3 billion. Follow us on www.bv.com and on social media.
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