Power Utility

EMA wants 2 more term LNG importers

EMA wants 2 more term LNG importers

This is to enhance competition as well as provide more options for gas buyers.

Thailand to turn to renewable energy amidst gas supply challenges

This is to ensure security in electricity supply in the country.

Thailand gas imports from Myanmar drop to 15% in 2021: report

This was driven by the political and social unrest in Myanmar. 

IRENA backs UN call to speed up energy transition

UN Secretary-General Antonio Guterres outlined 5 critical actions to jumpstart transition.

TNB unit buys nearly 50% stake in offshore wind firm BODL

This will add five turbines with a total capacity of 41.5MW to its assets amongst others. 

Global offshore wind market to grow to 330GW by 2030: report

Woodmac expects 24 countries to have large-scale offshore wind farms.

South Korea’s ODIN, G8 partner to develop offshore, marine RE projects

The companies seek to develop a charging tower powered by wind amongst others.

Chinese gencos to see earnings recover in 2022: report

This comes as CreditSights expect the cost of coal to be lower this year.

Asian markets may ‘ramp up’ coal as gas prices rise: report

Coal will continue to dominate the region’s power mix through 2027.

Price hike, supply issues to continue straining gas power in Asia: Fitch

This will particularly impact Japan, South Korea and Taiwan.

Offshore wind to replace nuclear in Taiwan’s power mix: Fitch

More than half of Taiwan’s power project pipeline consists of offshore wind power.

Taiwan’s nuclear phase-out plan by 2025 ‘more certain’: report

Nuclear power accounted for 9.5% of the power mix, as of end-2021.

India plays ‘lead role’ in the global emissions reduction goal: IEEFA

Domestic and international are rapidly scaling up infrastructure capacities in India.

China’s nuclear capacity to grow 7% annually up to 2035

The country has 54GW operational units and 22GW in the pipeline.

CCUS adoption in Southeast Asia to focus on gas production: report

About 75% of CCUS project pipeline is meant to capture excess carbon dioxide from gas production.