Frost & Sullivan observed that 2022 was a mixed year for the APAC power and energy sector. While the region benefitted from ending COVID-19 restrictions and increased economic activity, Russia's invasion of Ukraine meant it faced new energy security challenges as commodity prices rose, particularly for liquified natural gas.
• How has the increased importance of renewable energy investment affected energy costs and decarbonization goals?
• Why has coal become a critical element in the region's energy mix despite the focus on decarbonization?
• What are some potential technologies that can contribute to decarbonization in the long term?
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