The Clean vs Dark Spread: Asian Power Mix and Energy Transition

Recent fuel price volatility and the increasing prominence of renewables have altered the traditional dynamics between coal, hydropower, and gas generation in Asia. These developments have raised questions about the competitiveness and future of coal generation relative to hydropower and gas generation in key Asian markets. How does this impact the demand for each fuel and its seasonal consumption patterns? Will coal retain its traditional dominance, will gas displace it, or will renewables outpace both the fossil fuels?

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