Utility-scale wireless transmission is another one that could change the way the grid operates.

The deals were signed at the Indo-Pacific Business Forum in Hanoi on Oct. 28 amid US Secretary of State Mike Pompeo's two-day visit to Vietnam Oct. 29-30 at the invitation of his Vietnamese counterpart,

Nuclear power is a very unpopular form of electricity generation, second only to coal.

India's LNG demand for power generation has been robust this year as power plants looked to capitalize on record low LNG prices, helping boost margins at prevailing electricity prices.

The energy market is rapidly changing. In the past several years, power grids have transformed from a few well-controlled generating units to multiple distributed energy resources connected to a vast system managed by increasingly digital solutions.

Negative power prices have swept across Europe in the first nine months of 2020, with excess power in the market resulting in consumers being paid rather than charged to use electricity,

"If carbon pricing allows those renewables to have enough revenue because the value of emissions will now be compensated in the energy markets, there is no longer a need for above-market contracts from the states,"

International institutional investors that are the long-term owners of generation assets in other markets have generally been cautious about acquiring renewable assets in Australia, perceiving the risk/reward balance to be inferior to other investment opportunities.

A key result that also emerges from our work is that electricity markets must be modernised because existing market structures make investment in any unsubsidised low-carbon technology very difficult.

Now, electric grids are increasingly decentralizing, giving rise to cloud-based systems that pool resources to meet fluctuating consumer demand.