MARKET INSIGHT

MARKET INSIGHT

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From RE100 to CFE 24/7: Addressing challenges for corporates in achieving carbon-free energy in Asia

From RE100 to CFE 24/7: Addressing challenges for corporates in achieving carbon-free energy in Asia

Prominent corporations like Microsoft and Google have committed to realizing Carbon-Free Energy (CFE) 24/7 for their offices and operations by 2030, setting a precedent for others to follow. 

June 28, 2024
Why South Korean companies lag in RE100: Analyzing green energy challenges from mix, pricing, and procurement

Why South Korean companies lag in RE100: Analyzing green energy challenges from mix, pricing, and procurement

The South Korean government has been called out on its less-than-ambitious renewable target and renewable energy development planning policies. This article aims to analyze the currently available corporate green power procurement options in the country.

May 27, 2024
REM Asia 2024: Green power market status and recommended corporate strategy

REM Asia 2024: Green power market status and recommended corporate strategy

The REM Asia commenced in Singapore on April 28. The conference provided a valuable opportunity for governments, businesses, and research institutes to gather and discuss the latest market and policy developments of renewable energy demand and supply.

May 13, 2024
Shipping carbon surcharge: Fair pricing or profiteering?

Shipping carbon surcharge: Fair pricing or profiteering?

According to the International Maritime Organization (IMO), carbon emissions from the maritime industry account for 3% of the world's total. To accelerate industry decarbonization, the EU has included the maritime sector in its Emissions Trading System (E

May 10, 2024
Strategies for Scope 2 decarbonization: RECs, PPA, VPPA, and more

Strategies for Scope 2 decarbonization: RECs, PPA, VPPA, and more

What is the best way to decarbonize your power use in Southeast Asia? This article explains the 4 major power purchase mechanisms and their advantages and considerations.

April 15, 2024
Tips in purchasing unbundled renewable energy certificates in Southeast Asia

Tips in purchasing unbundled renewable energy certificates in Southeast Asia

Total issuance of I-RECs and TIGRs saw a 130% year-on-year growth last year in the region. There is little doubt that renewable energy certificates (RECs) are growing in popularity as a tool for scope 2 decarbonization in Southeast Asia.

March 22, 2024
2024 Carbon Forward Asia: In-depth Analysis

2024 Carbon Forward Asia: In-depth Analysis

The development of the global carbon market has received widespread attention. On March 7 and 8 in Singapore, the Carbon Forward Asia event gathered industry experts and scholars to discuss the current market situation and future trends. Participants from

March 21, 2024
Carbon Forward Asia: Overview of carbon markets in Asia-Pacific countries

Carbon Forward Asia: Overview of carbon markets in Asia-Pacific countries

Carbon Forward Asia took place on March 7 in Singapore to delve into carbon markets in the Asia-Pacific region from the perspectives of developers, consultancies, and academics, alongside discussions on the 29th United Nations Climate Summit (COP29), the

March 08, 2024
Greenwashing backlash: Case study of South Pole, Verra

Greenwashing backlash: Case study of South Pole, Verra

South Pole, the world's leading carbon project developer, was accused in October 2023 by media and internal whistleblowers of overstating the climate benefits of carbon credits generated by its Kariba REDD+ project, a large-scale forest conservation proje

March 07, 2024
Malaysia's corporate green power trends: insights into recent procurement options

Malaysia's corporate green power trends: insights into recent procurement options

Malaysia is seeking foreign investments across high-end sectors including electric vehicles, carbon capture, and semiconductor. This article delves into the existing ways and prospective measures companies may consider as they enter Malaysia.

February 22, 2024
Global trend in anti-greenwashing: Government responses and corporate strategies

Global trend in anti-greenwashing: Government responses and corporate strategies

Greenwashing has been frequently reported in recent years, attracting the attention of governments worldwide. In response, the European Parliament passed the Empowering Consumers for the Green Transition Directive in January, prohibiting companies from us

February 21, 2024
What’s next for renewable energy market in Southeast Asia in 2024?

What’s next for renewable energy market in Southeast Asia in 2024?

Southeast Asia stands at a critical juncture in its energy transition journey. As a region with diverse energy landscapes, it is grappling with the challenge of decarbonizing its power sector amid growing environmental and economic imperatives.

January 25, 2024
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