Key results - non OECD Asia

Moving from principles to action for energy supply that mitigates against climate change requires a long-term perspective. Energy infrastructure takes time to build up; new energy technologies take time to develop. Policy shifts often also need many years to take effect. In most world regions the transformation from fossil to renewable energies will require additional investment and higher supply costs over about twenty years

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regional results non oecd asia future investments in the power sector

future investments in the power sector

It would require $ 5,150 billion in investment for the Energy [R]evolution scenario to become reality (including investments for replacement after the economic lifetime of the plants) - approximately $ 129 billion annually or $ 88 billion more than in the Reference scenario ($ 1,645 billion).

Under the Reference version, the levels of investment in conventional power plants add up to almost 47% while approximately 53% would be invested in renewable energy and cogeneration (CHP) until 2050. Under the Energy [R]evolution scenario, however, Non OECD Asia would shift almost 97% of the entire investment towards renewables and cogeneration. Until 2030, the fossil fuel share of power sector investment would be focused mainly on CHP plants. The average annual investment in the power sector under the Energy [R]evolution scenario between today and 2050 would be approximately $ 129 billion.