Energy & Environment Industry Outlook in 2015—An Asia-Pacific Perspective
The top trends of the energy and environment industry in Asia-Pacific (APAC) in 2015 are:
Oil Price in the New Normal Territory?
Lower liquefied natural gas (LNG) Prices Invigorate Gas to Power Market
Renewable Energy (RE)—An Indirect Beneficiary of Oil Price Slump
Solar Power to Remain Resilient
Asset Replacement and Smart Distribution for Power Utilities
Electricity Deregulation to Stimulate Energy Storage System (ESS)
The Race to Build Smart Cities Begins
Energy Efficiency Gains to Increase Traction
Water Utilities Struggle to Keep Cost Low
Membranes as Alternative Water Treatment Technology Create Waves
In 2015, the global oil price recovery is expected to be slow, and the price is likely to go down before it picks up.
Low oil prices will help governments in APAC to push for structural reforms to use gas as an energy source.
About this report
With the recent plunge in crude oil prices, it is a good time to think about the relationship between crude oil and the energy and environment markets. Many believe that the downward trend is temporary, with superficial impact on the markets. Although prices continue to plummet, industry challenges and operation cost still remain acute such as cost of power transmission and distribution. Other industry challenges include high non-revenue water with low electricity tariff for water utilities, lukewarm uptake of renewable energy, and random development of smart cities and green buildings. The study focuses on the above-mentioned developments as well as current and future trends of the Asia-Pacific energy and environment industries in 2015.