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SINGAPORE –
Hydropower generation in Asia has plunged at the fastest rate in decades amid sharp declines in China and India, data shows, forcing power regulators battling erratic weather and a volatile demand for electricity to rely more on fossil fuels.
The two countries, which account for about 75% of Asia’s power generation and most of its emissions, are also to a lesser extent using renewables to make up for the hydropower shortfall and address rising electricity use.
Major Asian economies have faced power shortages in recent years due to extreme weather conditions, including intense heat and lower rainfall over large swathes of northern China and Vietnam, as well as in India’s east and north.
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