this post was submitted on 04 Mar 2024
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This is nearly a decade old. Since then prices for wind and solar have come down a lot. Solar panels were at 0.68$/W in 2015 and ended up at 0,26$/W in 2022. This obviously makes renewables more competitive. Also looking at current UN population projections. They project peak population in Asia in 2055. Less people means less consumption. So that should help. Some countries, like China, Japan and South Korea have declining populations today.
So honestly it is a built it once and then just keep it running kind of situation. Obviously Asias countries are in very different situations as well. Pakistan really should improve the material condition of its population, whereas Japan, should focus on replacing its fossil fuel infrastructure.
Good to know then.