EMIS Monthly Newsletter
EMIS Insights
Powering strategic, risk and investment decisions through high quality intelligence from the most reliable sources
This edition delves into the Indo-Pacific Economic Framework (IPEF) Clean Economy investor forum happing this week, Chile's renewable energy sector and ASEAN's Pharma and Healthcare industry.
IPEF Clean Economy Forum To Spur Indo-Pacific Green Tech Investment
By Biliana Hristova, EMIS Insights Chief Editor
Singapore is hosting the Indo-Pacific Economic Framework (IPEF) Clean Economy investor forum this week and hopes are that the forum will result in multibillion-dollar investments in climate infrastructure. "These countries want to hit their own climate goals and build up their own infrastructure, but they need capital and that's what we're going to bring to the equation," US Commerce Secretary Gina Raimondo said as cited by Reuters. Participating countries will put on the table their top clean economy projects in various fields such as renewable energy generation, energy transmission, infrastructure, transportation, and mobility.
Over 20 major US companies, among which Amazon.com's AWS, Bechtel, Alphabet's Google, Microsoft, BlackRock, Citi, Goldman Sachs, JPMorgan, Morgan Stanley, and KKR, will take part in the investment forum along with major Australian and Japanese investors as well as startups and government agencies.
The Indo-Pacific Economic Framework for Prosperity (IPEF) was launched in May 2022 and currently includes 14 partners - Australia, Brunei Darussalam, Fiji, India, Indonesia, Japan, Republic of Korea, Malaysia, New Zealand, Philippines, Singapore, Thailand, the US, and Vietnam. Its main aim is to serve as a collaboration platform to promote resilient, sustainable, and inclusive economic growth. The framework has four pillars of cooperation - trade, supply chain, clean economy, and fair economy.
Read the full article here .
Chile Energy Storage Industry Holds Promise
By Biliana Hristova, EMIS Insights Chief Editor
As the world aims to reduce its dependence on fossil fuels and is becoming increasingly reliant on renewable energy sources, the battery energy storage system (BESS) has emerged as a super-high growth market. The global market for battery storage grew twofold y/y to exceed 90 GWh in 2023, according to data of the International Energy Agency, and the volume of battery storage in use rose to over 190 GWh. Underpinned by hefty supportive policies, BESS has proven to be resilient to supply chain disruptions and challenges stemming from the exponential growth of clean energy industries and continues to surpass growth expectations.
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BESS is of core importance for renewable energy generation because of the intermittent nature of renewable sources, whose output is highly contingent on weather conditions, daily, and seasonal variations. In addition, renewable projects are often located in remote areas, and transmitting the produced energy to demand sites presents a huge logistical challenge.
At the grid level, BESS helps manage the temporal misalignment between power generation and consumption, level out peaks in demand via peak shaving, and avoid node congestion. BESS can store surplus energy produced by renewable sources during periods of high generation and release it at peak demand, during low production, or whenever there is available grid capacity. Thus, BESS ensures reliable power supply and eases the integration of renewable generation facilities into the market.
Read the full article here .
ASEAN Pharma and Healthcare Report 2024-2025
In the past three decades, substantial progress has been achieved in the ASEAN region towards reducing the prevalence of infectious diseases. Every nation in the region has invested in developing its healthcare system, including public health, by capitalising on its substantial economic growth.
This sample report provides a comprehensive sector overview, with access to:
Download your sample report here .
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