Wind, solar and natural gas have the brightest future in Asia Pacific power generation, although coal is not going anywhere soon, according to experts at Wood Mackenzie.

“Asia Pacific power generation investments are leading the world and expected to hit $2.4 trillion in the current decade, with renewables accounting for over half, or $1.3 trillion of power investments,” said research director Alex Whitworth. He discussed the investments at the inaugural Wood Mackenzie Asia Pacific Power and Renewables Conference. 

Whitworth noted, however, that, “We expect coal to make up 55% of fossil fuel investments until 2030 but shrink to 30% in the 2030s as gas dominates.”

Carbon emissions from the region’s power sector, meanwhile, are forecast to peak in 2025 at 7.3...