Power Utility
India allocates $4.3b for energy transition
India allocates $4.3b for energy transition
The country aims to reach net-zero carbon emissions by 2070.
Newcastle thermal coal price to average US$280 per tonne in 2023: report
This is lower than the average US$358 per tonne in 2022.
Australia, Mainland China top Green Hydrogen Suitability Index in Asia
China is expected to exceed Australia in the medium to long term.
AGL, Essential Energy install network battery in Sovereign Hills
It has a capacity of 2MWh.
Vietnam’s energy transition faces hurdles due to gas-fired power growth
Whilst coal’s expansion was limited, natural gas production will be bullish.
Citicore Energy REIT gets greenlight to sell ASEAN Green Bond
The proceeds will fund rooftop solar development.
Hydropower supply, funding support could speed up Laos’ renewables development
Laos has a huge hydropower potential of 23GW.
Around 7 in 10 consumers want to reduce energy costs, consumption
The majority of Southeast Asians follow suit, especially those working from home.
South Korea eyes energy cooperation with Poland, Czech Republic
They are looking at working together on nuclear power plants and high-tech fronts.
Asian Civil Society flags concerns over ADB’s Energy Transition Mechanism
The ETM seeks to help markets accelerate coal phase-outs.
How much India can save in clean energy shift
The market plans to add 76GW of solar and wind power by 2025.
Bangladesh pivots to coal amidst renewables challenges
The market plans to increase coal-based power generation capacity.
Why India is a key investment destination for renewables
Key policies open the market for global and domestic investors.
Are Malaysia’s renewables targets too unrealistic?
GlobalData says the market lacks robust policies.
Gas market outlook in China remains ‘bullish’
China’s gas demand is expected to grow up to 512bcm by 2031.
South Korea’s non-hydropower RE to post ‘strongest’ growth in electricity share
It is expected to reach 46GW in 2032.
What India’s 537GW renewables capacity target needs
This is in line with its goal to achieve 50% cumulative installed capacity by 2030.
Commentary
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