Energy needs continue to grow

TA Research has an “overweight” call on the sector. — Reuters

PETALING JAYA: The power and utilities sector will continue to be driven by the energy transition backed by the National Energy Transition Roadmap’s (NETR) aggressive 70% renewable energy (RE) mix target by 2050.

This necessitates a quadrupling in annual RE build-up to 2.2GW a year.