Singapore

One of the hottest topics amongst sponsors, contractors and financiers involved in Asia’s power sector today is the growing competition felt by all participants in the industry.

April 18, 2012 - On January 3, 2012, Platts launched a daily 7-45 day forward FOB Newcastle 5500 kcal/kg Net As Received thermal coal price assessment, the first publisher to do so.

Renewable energy use remains insignificant in Singapore but a more resolute political will could change that.

IPPs are expected to meet more than 30% of the 250-3500GW new capacity demand in the region in the next 10 years.

Prophecy Coal speaks proudly of their mine-mouth power plant project, a first of its kind for Mongolia and one designed to augment, and ultimately replace, that country’s aging power supply infrastructure.

Cummins has a new low range and medium range genset for the global market.

The investment was led by ABB Technology Ventures in a $6 million funding round.

JinkoSolar has opened its Asian headquarters in Singapore to  manage sales, logistics, financing, project development and customer service for the country.

The cost of Solar energy depends on the “fuel” availability, the taxes in the country, the financing cost and it is understood in two ways: replacing other fuels or as a financial investment – similar to a long term bond with fixed interest.

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.

The long-term outlook for the solar PV industry as a whole looks bright in Rabobank’s view, even though the next couple of years are likely to be turbulent, especially for manufacturing companies.

Renewable energy attracted over $250 billion in global private sector investment in 2011 according to the United Nation’s REN21 report by the World Resources Institute as well as by a separate analysis by Bloomberg Energy.

Energy is one of the key contributors to sustainable development. Energy is an essential input to maintain and improve living standards of people, particularly the poor and the vulnerable and to develop to socioeconomic infrastructure required for sustainable growth. Over 2.7 billion people still rely on traditional use of biomass for cooking.

The C17D5T generator set is equipped with a 1,000 litre fuel tank and can run for 1,000 hours between servicing, including lube oil and air filter changes.

As Asian Power requirements increasing and many countries in the area are facing problems to accommodate balance between their requirements and resources, Transmission grid investment and operation efficiency can be improved through smart utilization of “Demand Side Management”(DSM).

Integrating renewables into the grid effectively, accommodating nuclear power safely, and interconnecting with other neighboring networks are some of the challenges that United Arab Emirates power sector is tackling at the current stage.