Singapore

When I arrived in Singapore to look into the growth opportunities in the energy landscape in the Asian Region, I was aware of some of the well-trodden discussions on the challenges that this region faces: “Asia will continue to lag behind Europe and the US in embracing newer forms of energy, especially clean energy”; “policy bottlenecks will make energy transition painfully slow and dependence on oil and gas inevitable.”

On average, savings can hit 30% off the regulated tariff after live auctions were launched.

Cambodia has been named as one of the target countries for investments.

The country has already allowed foreign technologies and developers to be integrated into projects.

They recently launched an SGQR code for bills payment.

Laos’ upcoming hydropower project could face pushbacks from Cambodia government.

It eyes adding more projects in massive Asian energy markets like South Korea, Japan, and India.

The share of renewables in the region’s power mix could rise from 14.3% to 43% by 2040.

The investment is targeted at the construction of a natural gas-powered thermoelectric power plant in Presenzano (CE) and has a total value of 370 million euros.

Consumer packages cover services for installation, commissioning, operations, and after-sales.

The project is supported by a 25-year PPA with the Saudi Power Procurement Company.

Incumbent gencos are grappling with overcapacity and excess gas supply.

The 4,500km transmission network is set to be the world’s longest high voltage cable.

It said it has explored the possibility with EMA but currently sees no need for it.

Growth for power producers lies in innovations geared towards grid transition, according to S&P Global Ratings.

Costs of solar, wind and storage projects could decline over 3% annually over the next decade.