New Economy Forum
Asia Needs Gas as Bridge to Cleaner Future, Says Japan’s Jera
- Major fossil fuel producers also calling for investment in gas
- Immediate shift to renewables in Asia not realistic: academic
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The energy transition in Asia will require more natural gas to ensure power supply as countries shift away from dirtier coal, according to Japan’s top utility.
“We need natural gas, or LNG, to be placed” in the Asian economy, Toshiro Kudama, chief executive officer of Jera Asia Pte Ltd., said at the Bloomberg New Economy Forum in Singapore on Thursday. “It’s hard to support the economic growth of this region” with intermittent renewable sources.