In Focus
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.
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.
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.
Singapore digs deep to unleash geothermal energy potential
But the volumetric extent of hot rock where geothermal can be sourced is unknown.
Australiaās energy industry posts 16.7% MoM turnover growth in June
It has the largest percentage growth for two consecutive months.
China, US to account for 75% of global energy storage demand
Wood Mackenzie projected the markets to have 422GWh and 600GWh by 2031.Ā
Japan should consider alternative power sources to avoid supply shortage: Fitch
Natural gas holds the largest share in the countryās power mix.
APAC electricity demand to grow 3.4% in 2022
This is due to the lower economic growth and high energy prices.
East Asia, Pacific remain as hydropower āpowerhouseā
Its total capacity reached 532GW in 2021.
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.Ā
Record global energy investment to grow 8% to $2.4t in 2022: IEA
This is on the back of investment in renewables and grids.
Pakistanās LNG import dependence puts energy security, financial stability at stake
The country imported 7.4 million tonnes of LNG in 2020.
India needs up to $250b investment to reach 2030 RE goals: Moodyās
The county targets a 500GW renewable energy capacity by 2030.
Private firms eclipse the growth of the Philippines' solar power industry
Solar Philippines flagged the lack of foresight amongst businesses to meet high demand.
Australia beefs up investments in bid to meet net zero: report
It is poised to make a $300m investment in CCUS projects in the next decade.
Hydro-electric pumped storage generation in China to rise nearly 60GW by 2025
This is, however, still below NEAās goals.