According to the New Zealand's power transmission network operator Transpower, the share of renewable electricity could raise from around 83% in 2018 (59% hydropower and 18% geothermal) to 95% in 2035 and 100% by 2050. The country will have to source nearly 60% of its total energy requirements from electricity in 2050 (up from 25% in 2016) to meet its climate change commitments.
According to “The Energy Development in Vietnam to 2025 with a vision up to 2035”, the total primary energy supply in Vietnam is expected to growth by 5.3%/year between 2016 and 2025 and by 4.8%/year between 2016 and 2035, increasing from 80.5 Mtoe in 2015 to 218 Mtoe in 2035.
According to the Australian Energy Market Operator (AEMO), southern and southeastern Australian states will have to import LNG by 2024 to avoid gas shortfalls on peak winter days, as the southern gas supply is forecast to fall by more than 35% over the next five years. Indeed, several existing gas fields in Victoria are expected to stop production between mid-2023 and mid-2024. Consequently, new gas fields could be developed and gas pipelines should be expanded - at least pipeline capacity limitations should be addressed - to delay shortfalls until 2026.
According to the Global Wind Energy Council (GWEC), India’s wind capacity could reach between 48 GW and 54 GW by 2020, below the government’s 60 GW target. This is due to supply-side constraints mainly caused by transmission costs and access to land. In addition, unavailability of finance, low tariffs and payments delays are also hindering wind capacity development.