Power Utility

Hydrogen market to sustain growth despite global economic headwinds

This is supported by energy transition needs and decarbonisation targets.

Masdar, VERBUND to study green hydrogen production for Central Europe

The generated green hydrogen will be exported to Austria and Southern Germany.

Coal dominates Asia Pacific’s generation mix in 2022

However, the share of low-carbon resources is increasing.

Middle East electricity demand up 2.6% YoY in 2022

Gas is the dominant electricity production source.

ONGC unit, YPF SA sign MOU for enhanced energy cooperation

The partnership will cover the development of upstream oil and gas opportunities.

Would Pakistan’s long-term power purchase agreements become roadblocks to its solar energy revolution?

A recent public hearing held by the National Electric Power Regulatory Authority (NEPRA) on a proposed 600 MW solar power plant in Muzaffargarh has...

China’s grid capex to recover in 2023

This is due to the rise of renewables capacity.

China’s power consumption up 3.6% YoY in 2022

The growth is slowed that the 10.3% recorded in 2021

Pakistan will continue gas reliance in next decade

Gas-fired power will contribute an average of 31% to its power mix, Fitch Solutions projected. 

Solar power to boost China’s generation capacity growth in 2023

It accounted for about half of the new capacity in 2022.

Pakistan blackouts highlight ‘urgency’ of hydropower projects

Renewables expansion in the market is still unable to replace thermal power. 

Pakistan’s ageing grid network may be behind major blackouts

Fitch has observed frequent blackouts in the past six months.

‘High’ green hydrogen production, consumption potential seen in Asia

The pipeline of green hydrogen projects in the region is around 65.6 GW.

Australia, Netherlands ink deal for renewable hydrogen supply chain development

The MOU also include hydrogen trade policy, standards and certification schemes.