Earlier in January, electricity retailer Red Dot Power (RDP) announced its exit from the electricity market, citing a “financial challenging period.”
RDP was one of the 14 electricity retailers that participated in the pilot launch of the Open Electricity Market (OEM) in 2018.
This commentary submission was co-written with Natalie Lau (Reed Smith), Lucia Yiou and Mindy Huang (LCS & Partners).
Taiwan is seeking a dramatic energy transformation targeting 20% of its energy mix to come from renewable energy sources by 2025 (approximately 27GW of capacity).
In order to fulfil its commitments under the Paris climate change agreement, Singapore’s climate action plan includes a number of strategies, including reduction of emissions from its power generation sector.
The electrification subsidy in missionary areas started on May 1, 1988 with the proclamation by the President of the Philippines that electricity rates in all islands outside the main grids shall be pegged at P2.50/kWh.
In November 2014, China's National Development and Reform Commission (NDRC) announced via a Notice for Transmission and Distribution Rate Reform Pilot in Shenzhen, a first-of-a-kind (FOAK) initiative to induce 'change' in the existing business model.
In early March 2014, at China’s National People’s Congress, Premier Li Keqiang declared war on pollution, as the issues of smog, hazardous air quality levels, and broader environmental challenges gained unprecedented political attention.
Since the beginning of the power sector reform in India, several initiatives have been taken for commercial performance improvements of distribution companies; however, the desired results have not been achieved even after significant investment in the sector during last ten years.
The Shanghai Municipal Development & Reform Commission recently issued a policy descriptively named "Implementation Advice on Accelerating the Establishment of Building Energy Consumption Monitoring Systems in Shanghai’s Government and Large Public Buildings" (“Implementation Advice”).
Even though some Chinese solar suppliers – Suntech Power is a notable example – have frozen capacity expansions due to slow growth in demand, China is reportedly pushing its top solar companies to expand.