SINGAPORE (Apr 11): Regulatory issues are currently present one of the biggest hindrances to smart power advancement, according to Baker McKenzie’s latest report.

Produced together with online daily news & data service provider Clean Energy Pipeline, Smart Power Revolution: Opportunities and Challenges surveyed over 200 senior corporate executive, developers, investors, banks and energy service providers worldwide, out of which 18% are based in Asia Pacific.

The study found that 77% of respondents believed legal and regulatory frameworks to be inadequate to address the coming smart power changes, while 91% think governments and regulators are not well-prepared for advancements in smart power technology.

To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
Related Stories

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook