Power Utility
Global Power Synergy net profit falls over 50% in Q3
Global Power Synergy net profit falls over 50% in Q3
This was linked to the higher fuel prices.
China’s offshore wind to grow to 97GW by 2031: report
This represents an annual growth rate of 14.3%.
Rapid growth seen in Asia’s offshore wind capacity: report
It is expected to rise by 15.3% annually.
Renewables are now more cost-effective for Indonesians: report
Energy cost-saving is estimated to be worth US$400b-600b to 2050.
Japan, US governments asked to beef up nuclear energy dev't
The JAIF and NEI asked the two governments to improve the energy market and regulation.
Storage crucial as China's wind, solar venture into grid parity
Energy storage is expected to exceed its 2025 capacity target of 30GW.
India’s coal production to rise to 500MT in 2023: report
It has produced 315.7MT of coal in the first half of 2022.
What can fix renewable energy’s intermittency?
Solar and wind power are not reliable enough to meet Southeast Asia’s issue on power demand, Enlit Asia’s invitees said.
Renewables key to resolving energy security, climate crises
Wind energy is one of the most competitive and mature technologies.
South Korea’s gas consumption to fall 4% in 2022: report
It will stay the same in 2023 due to new nuclear and coal-fired plant start-ups.
India renewables to rise by 35-40GW annually
This puts the market on track to reach its 2030 target.
Japan’s gas consumption to dip 5% in 2023
This comes as nuclear restarts are expected next year.
Offshore wind struggles as Asia faces regulatory bottlenecks
This may challenge Asia’s momentum in replacing Europe as the largest offshore wind market.
Asia turns to coal amidst a global energy crisis
India and China are amongst the markets that have increased coal production for energy security.
Renewables investment in Australia reaches $1.56b in June 2022
This is up from $97.2m in March 2016.
India’s single national digital portal to boost rooftop solar
This simplifies the process of installation.
Bangladesh’s non-hydropower capacity to reach over 2,600MW in 2031
The capacity will grow by 19.4% annually.
Commentary
How pump retrofits boost profitability and efficiency in ageing power plants