China and the United States have agreed to collaborate more closely on climate action

Wind account for around 1% of Vietnam’s installed capacity, with 600 MW (2020).

"About 50% of the incremental global natural gas demand will come from Asia by 2035, with China and India as the main engines to boost the development of the LNG market," Luo said.

The number of geothermal power plants in Japan has quadrupled since the 2011 nuclear disaster in Fukushima Prefecture, according to industry data.

To ensure domestic oil products supplies by preventing a significant drop in throughput, Chinese refineries had to draw crude inventory in October.

China's overall trucked LNG price averaged Yuan 7,813/mt across the entire country Nov. 1, up 14% from Oct. 25 and 32% higher than early October, data from Shanghai Petroleum and Gas Exchange showed.

A slew of cooling measures announced by China has led the futures prices plunging more than 53% since its high of 1,982 yuan on Oct 19.

"And fifth - by the year 2070, India will achieve the target of net-zero. These panchamrits will be an unprecedented contribution of India to climate action."

Coal (including lignite) still dominates the energy mix with 60% in 2020, but its share is decreasing rapidly (-11% points since 2010).

These projects are situated in north China's Inner Mongolia and northwest China's Gansu, Qinghai and Ningxia, with an installed capacity of nearly 30 million kilowatts.

The plan says Japan should set ambitious targets for hydrogen and ammonia energy, carbon recycling and nuclear energy and notes that offshore wind and the use of rechargeable batteries have potential for growth.

China stated that it aims to peak carbon dioxide emissions before 2030 and achieve carbon neutrality before 2060.

As per the recently released, World Energy Outlook 2021, IEA forecasts that’s India's power demand is slated to nearly treble to 5000 TWh by 2050, let primarily by renewable sources of energy.

Chinese energy firms and government researchers expect a significant increase in gas demand for power generation and industrial sectors this winter as a nationwide coal supply crunch and power outtages drive up demand for alternative fuels.

The increase in supply should help alleviate some of the price pressure in the domestic gas market as trucked LNG prices have soared to more than Yuan 7,000/mt ($1,093.82/mt), imported LNG remains over $30/MMBtu in the spot market and wider energy shortages persist amid cold weather.