Power Utility
Middle East electricity demand up 2.6% YoY in 2022
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.
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.
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1. $281b annual investment projected as Southeast Asia scales energy transition 2. Asia fusion market enters decisive phase with $5b China lead 3. India advances green shipping with ₹1,200 crore Kandla e-methanol plant 4. Envision signs 128MW turbine deal with Vietnam’s REE 5. Geopolitics, high interest rates stall 2030 decarbonisation progressResource Center
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The firm achieved recognition for initiatives addressing critical water access in Bali, reforestation in West Java, and sustainable supply systems in East Java.
