Green Energy Transition: A Pathway to Net Zero

The video discusses Europe's power crisis, highlighting the EU's agreement to cap natural gas prices at €180 per MW hour to stabilize the market and reduce reliance on Russian gas. It also covers the global power price trends, noting that while renewables remain competitive, costs for fossil fuels are rising faster. The impact of increasing interest rates on energy project financing is examined, with a focus on how it affects renewables more than fossil fuels. Finally, strategies for APAC countries to reduce electricity costs by increasing renewable energy share and implementing power market reforms are explored.

What challenges does Europe face regarding energy storage for the upcoming season?

What steps can APAC countries take to lower the cost of electricity?