Power Utility

South Korea’s electricity costs remain elevated due to high import prices

Around 97% of the country’s energy needs are met by imported energy.

South Korea’s electricity costs remain elevated due to high import prices

Around 97% of the country’s energy needs are met by imported energy.

Power grid neglect stalls transition to clean energy: IEA

The IEA urged that 80 million km of grids must be added or replaced by 2040.

Solar, wind to dominate India's RE growth by 2032: Ember

Solar energy needs to grow 36% YoY to reach the 186 GW solar capacity target by 2027.

India reports “accelerating growth” with 66% of solar and wind adoption target

Solar energy has the most improvement with a 36% increase in solar capacity additions.

Indonesia’s PLN opens first-ever green hydrogen plant

The plant is capable of producing 51 million tonnes of hydrogen per year.

New natural gas sources needed to meet increasing demand

Territories like the Middle East have been formulating strategies to solve the growing demand.

Why energy firms struggle with cybersecurity

Structural challenges were amongst the hurdles in addressing cybersecurity.

JERA, Vietnam’s EVN sign MOU for decarbonisation roadmap development 

The Vietnam government advocates conversion to ammonia and hydrogen in the power sector.

Malaysia’s TNB inks deals with Indonesia, Singapore to support ASEAN Power Grid

The partnerships will enhance energy resilience and security in the region.

Global offshore wind growth slows in H1; China remains top market

Total offshore wind capacity addition exceeded 60 GW.

RE-related jobs almost doubled in the last 10 years

Jobs in the renewable energy sector reached 13.7 million in 2022.

SEA electricity demand slows in 2023

Indonesia, for example, is expected to see a 4% electricity demand growth in 2023, slower than the 6.3% last year.

Global wind power installed capacity to reach 2.38 TW in 2032

China will have the largest wind power capacity by 2032 at 1,080 GW.

Asia turns to biomass co-firing in coal plants for energy security, transition

However, experts cautioned this means that the operations of coal-fired power plants would be extended. 

Why blue hydrogen is not the solution to reducing emissions

IEFFA said investment should be focused more on other technologies such as solar and wind.

China’s coal IPPs to continue profit recovery

Spot thermal coal prices were down by around 20% from January to August 2023.