Product Code: 2398-0834
BMI View: Surging power demand, underpinned by electrification progress and strong demographic
trends, will drive growth in power capacity in the Asia region over the coming decade. We highlight three
prominent trends in Asia this quarter: coal to remain the backbone to the region's power mix, renewables
auctions becoming more prevalent and the growing penetration of DES.
- Total power generation in Asia will grow by an annual average of 3.5% between 2016 and 2025; this aligns with the surging power demand in the region, underpinned by electrification progress and strong demographic trends. Electricity capacity in the region will expand by nearly 50% between 2016 and 2025, as countries in the region prioritise ramping up power capacity to support this growth in consumption.
- Growth will be spread across all power generating fuels, with the exception of oil-fired power generation - which will contract by nearly 35% over the course of our 10-year forecast period, as oil remains an expensive and largely irrelevant source of power for countries in the Asia region.
Table of Contents
BMI Industry View
- Table: Headline Power Forecasts ( Asia (Region) 2015-2021)
Regional Forecast Analysis
- Asia (Region) - Asia Power Overview: Coal Dominating, Gains In Renewables
Industry Risk/Reward Index
- Asia Power Risk/Reward Index
- Table: Power RRI By Country (Scores Out Of 100)
- China - Government Coal-Curbing Policies To Register Success
- India - Progress In Mitigating Renewables Risks, But More To Do
- Table: India Renewables: State Of Play
- Global - Established Asian Players Are In Control Of Coal
- Methodology And Sources
- Industry Forecast Methodology
- Risk/Reward Index Methodology
- Table: Power Risk/Reward Index Indicators
- Table: Weighting Of Indicators