GlobalData
GlobalData

Power

Renewables key for Thailand to overcome dependency on fossil fuel imports, says GlobalData

Renewable energy development is key for Thailand to cut its dependency on fossil fuel imports, as gas-based thermal power generation accounted for nearly 61.3% of the country’s annual electricity generation in 2021, says GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Thailand Power Market Size, Trends, Regulations, Competitive Landscape and Forecast, 2022-2035’, reveals […]
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Indonesia to speed up geothermal development to solve energy issues, says GlobalData

With an estimated 24GW in geothermal reserves that account for 40% of the world’s geothermal resources, Indonesia is set to accelerate the geothermal power development to solve its energy issues, says GlobalData, a leading data and analytics company. GlobalData’s latest report, “Indonesia Power Market Size, Trends, Regulations, Competitive Landscape and Forecast, 2022-2035,” reveals that Indonesia […]
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Canada expected to miss its 2035 clean electricity goals, says GlobalData

Canada is expected to fall short of its 2035 clean electricity target, according to GlobalData, after reviewing the country’s current renewable capacity activity. The leading data and analytics company notes that the country was targeted to produce nearly 100% of its electricity from zero-emitting sources by 2035, however, the country is adding only 2.6 GW […]
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South Africa power supply security to rely on gas-based capacity and renewables to replace coal with low power market growth expected to 2035, says GlobalData

The South Africa power market cumulative installed capacity was 64.5 GW in 2021 and is expected to grow at a low compound annual growth rate (CAGR) of over 1% from 2021 to 2035, with the proportion of gas-based capacity and renewable power expected to grow rapidly during the same period, according to GlobalData, a leading […]
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Substantial investments are required to meet Austria’s 2030 target of 100% renewable electricity generation, says GlobalData

The Austrian government has been actively encouraging the use of renewable sources for energy generation to help reduce the country’s dependence on fossil fuels, notes GlobalData, a leading data and analytics company. Austria’s recently submitted National Energy and Climate Plan (NECP) 2021-2030 focuses on the decarbonization and energy efficiency dimensions and related policies. Attaurrahman Ojindaram […]
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Nomura and Rothschild & Co were the top M&A financial advisers by value and volume in the power sector for Q1 2022, finds GlobalData

Nomura and Rothschild & Co have been identified as the top M&A financial advisers in the power sector in Q1 2022 by value and volume, respectively, according to the latest Financial Advisers League Table by GlobalData. The leading data and analytics company’s Financial Deals Database reveals that Nomura achieved the top ranking by value by […]
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