Power Utility

Asia’s power consumption to grow 3.5% annually in the next decade

The region has the world’s largest growing electricity demand, Fitch Solutions said.

Asia’s power consumption to grow 3.5% annually in the next decade

The region has the world’s largest growing electricity demand, Fitch Solutions said.

GEAPP provides $35m to improve energy access, transition in South and Southeast Asia

Bangladesh, India, Indonesia, Pakistan, and Vietnam will be prioritised for the fund.

India’s solar capacity up by more than 12GW in 2023

Its wind capacity meanwhile grew by 2.2GW. 

Kazakhstan could miss its revised 2030 renewables target

The country set a 15% renewables target in 2021, up from 10% initially.

Nuclear could account for about 9% of India’s electricity by 2037

It aims to reach 20GW of nuclear power generation by 2030.

South Korea, UK partner to boost RE, nuclear cooperation

The parties also discussed collaboration for offshore wind and hydrogen.

Godda Power Plant’s first 800MW unit goes online 

The power it generated was supplied to Bangladesh.

China’s wind power market to rebound in 2023: report

New grid-connected capacity declined by 21%YoY in 2022, Wood Mackenzie reported. 

Global wind energy to surpass 1TW threshold by end-2023

Offshore wind is expected to grow sevenfold by 2032, Wood Mackenzie said.

SMRs may deliver their climate promise too little, too late 

As these nuclear reactors are still in development, their wide deployment is unlikely, analysts say. 

How grid enhancements can ignite Malaysia's solar energy boom

Experts warn that grid enhancements will be crucial for the solar energy mix, which accounted for 18% of the country's RE.

Keeping Indonesia’s downstream coal projects afloat will require hefty government subsidies

Air Products’ withdrawal from planned state-linked facilities highlights cost challenges

ASEAN’s energy security is at risk as it prepares for gas and coal imports

The region’s reliance on fossil fuel imports threatens its energy security due to price volatility and lack of affordability.

Carbon capture and storage for fossil-fired plants risks worsening energy inflation

IEEFA argues the economic case for CCS in fossil-fired power plants is weak. 

Renewable energy surge fuels need for pumped hydropower storage

Asia is expected to be the largest pumped hydropower storage market by 2023.

Renewables with storage systems could be cheaper than thermal power with CCS

CCS could drive LCOE for thermal power by up to double its alternatives. 

South Korea proposes measures to boost exports of nuclear plant equipment

One of the measures included expanding joint project entries of nuclear power plant companies.