The role of LNG in the North Asian energy transition

Japan, Korea and Taiwan are all struggling to meet their emissions reduction targets as they work to decarbonize their energy systems. Failures to grow renewables in the power sector fast enough to meet end-of-decade emission targets mean that there will inevitably be recourse to LNG and even coal imports at higher volumes for longer. While all three countries are publicly committed to decarbonization, they are characterized by varied political approaches and energy circumstances. But important commonalities exist amongst the three. In terms of renewables, the most obvious is that while some growth is evident in solar power, wind power growth […]