Regulatory reforms could enable Asia-Pacific (APAC) businesses to access round-the-clock clean power, cutting emissions and driving sustainable growth, according to a new report by the Global Renewables Alliance (GRA).
The report sets out a framework to help APAC economies—responsible for nearly 60% of global electricity demand growth over the next two decades—transition to fully decarbonised grids.
The report focuses on five key markets: South Korea, India, Japan, Thailand and Vietnam.
“The APAC region is the engine of global growth, but its success, security and sustainability depends on access to clean, reliable, and cost-effective energy,” said Bruce Douglas, CEO of the Global Renewables Alliance.
“Achieving 24/7 carbon-free energy in APAC is about building the renewables, grids and storage that businesses are demanding.”
The report outlines three strategic pillars for accelerating the shift to 24/7 clean electricity:
- Policy and Market Reform: Introducing time-stamped Renewable Energy Certificates (RECs), streamlining permitting processes, and enabling corporate clean energy matching in real-time.
- Grid Modernisation and Storage: Scaling long-duration energy storage and upgrading infrastructure to balance supply and demand as more variable renewables come online.
- Corporate Leadership: Driving demand for carbon-free power through innovative Power Purchase Agreements and data-driven procurement strategies.
With the right policy mix, the report concludes, APAC nations can meet growing corporate demand while delivering on decarbonisation targets.
