COP 31 Side Event | Powering the Transition: How state power companies can deliver energy security and net-zero

About this Event

State power companies SPCs control about half of global power station capacity and account for roughly 60% of power sector carbon dioxide emissions. In Asia, they own more than 80% of coal and gas power capacity, making their investment decisions critical to reliable, affordable and low emission power systems. SPCs remain underrepresented in international discussions on energy transition implementation and finance. Public mandates, regulation, electricity subsidies, financing conditions, governance, and energy security priorities can either constrain change or accelerate renewable energy and grid investment. At COP 31, this roundtable will identify reforms and support that can help SPCs across Asia and other emerging markets strengthen energy security, financial viabil…

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