2010 will prove to be an explosive year of growth for the Asia Pacific Utilities sector. Over 600B dollars is being invested into the industry to ensure that APAC meets its current and future energy demands. In the midst of this unprecedented transformation, several factors are driving fundamental change: liberalization and increased competition, strategic mergers and acquisitions, regulatory pressure around climate change, systems reliability, convergence, electricity and renewable concerns.
The European power sector is at a critical juncture. The European Union’s 20-20-20 policy targets are driving a revolution in power technology and there are an abundance of old and polluting utilities that are in dire need of repair. Europe has therefore agreed a forward-looking political agenda to achieve its core energy objectives of sustainability, competitiveness and security of supply 2009 will see substantial investment into new nuclear, new renewables, the emerging carbon capture and storage technologies and a range of innovative T&D projects.
What we need to do to fund our alternative energy future, and why changing blue collars to green won't make a new economy.
From President Obama’s plans for the oil industry to our guide on how to plug the capability gap, read the interactive magazine here.