APAC Energy Pulse – December 2024
By EsqSocial Corporation 20/12/24
A recent report by Wood Mackenzie predicts that average renewable energy certificate (REC) prices in the Asia-Pacific region will drop by 76% between 2023 and 2050. The projected decline is due to an oversupply in the REC market, driven by a fourfold increase in renewable power generation over the same period. Since our last update, various initiatives and developments across the Asia-Pacific market seem to support the prospect of future growth....
By: Orrick, Herrington & Sutcliffe LLP