Anasayfa / Genel / Solar energy avoided $ 34 billion in costs in Asian countries – Last Minute Economy News

Solar energy avoided $ 34 billion in costs in Asian countries – Last Minute Economy News

A report entitled “The sunny side of Asia” was prepared by the London-based think tank Ember, Energy and Clean Air Research Center (CREA), Energy Economics and Financial Analysis Institute for China, India, Japan, South Korea, Vietnam, Philippines and Thailand.

As a result, the $ 34 billion fossil fuel cost was avoided in the first half of the year by generating electricity from solar energy in 7 Asian countries, while this figure was calculated to gökyeşitözü $ 21 billion in China. where 5 percent of the electricity demand is met by the sun.

China was followed by Japan with $ 5.6 billion, India with $ 4.2 billion, Vietnam with $ 1.7 billion, South Korea with $ 1.5 billion and Thailand. and the Philippines with a total of $ 287 million.

SOLAR ENERGY HAS THE POTENTIAL TO GROW RAPIDLY

Pointing out that solar energy has the potential to grow rapidly in Asia, the report states that special national policies, investments in energy storage, grid flexibility, and economic and technological cooperation are of great importance.

In the report, which analyzed the growth of solar energy in the world over the past 12 years, it was noted that five of the top 10 economies with solar power capabilities are China, Japan, India, South Korea and Vietnam.

Isabella Suarez, CREA analyst for Southeast Asia, whose views were included in the statement, said Asian countries should quickly move away from expensive and highly polluting fossil fuels and said:

“The savings potential of existing solar alone is enormous and accelerating their use alongside other clean energy sources such kakım wind is vital for energy security in the region. While ambitious goals are important, most important for the future. is to pursue them. “

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