In Focus

Nuclear power to reach 873GW(e) by 2050: IAEA

The current capacity is at 390 GW(e).
6 days ago

Nuclear power to reach 873GW(e) by 2050: IAEA

The current capacity is at 390 GW(e).
6 days ago

China drives wind market to break turbine order record in Q2

A total of 35GW out of 43GW global orders were from China.

Rise of local power firms boost RE adoption in Vietnam: IEEFA

The feed-in-tariff policy in 2017 attracted local firms to enter power generation.

Singapore digs deep to unleash geothermal energy potential

But the volumetric extent of hot rock where geothermal can be sourced is unknown.

Australia’s energy industry posts 16.7% MoM turnover growth in June

It has the largest percentage growth for two consecutive months.

Southeast Asia faces uphill battle in CCUS deployment without carbon pricing

It is unlikely that the carbon price in the region could reach $40 per tonne of carbon dioxide.

China, US to account for 75% of global energy storage demand

Wood Mackenzie projected the markets to have 422GWh and 600GWh by 2031. 

Japan should consider alternative power sources to avoid supply shortage: Fitch

Natural gas holds the largest share in the country’s power mix.

REGULATION WATCH: New customs duty on solar equipment threatens India’s RE goals 

The government will be introducing a 25% rate on solar cells and 40% on solar modules in April.

APAC electricity demand to grow 3.4% in 2022

This is due to the lower economic growth and high energy prices.

China leads hydropower installation in 2021: IHA

Around 21GW of the 26GW new installations last year came from China.

What happens to CLP Power as Hong Kong transitions to carbon neutrality

Since 2020, it has increased its gas-fired power generation proportion to around 50% to make up for the coal-fired generation to be phased out.

China, Russia drive nuclear investment: IEA

A total of 27 of the 31 reactors constructed since 2017 were Russian or Chinese design. 

Record global energy investment to grow 8% to $2.4t in 2022: IEA

This is on the back of investment in renewables and grids.