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Israel gears up for fourth natural gas exploration offshore bid round
Israel gears up for fourth natural gas exploration offshore bid round
The country plans to export larger quantities of natural gas amidst the crisis.
Asia’s elevated LNG spot prices will remain for longer period: report
The average year-to-date price is $29.9/mmBTU.
Australian Labour Party victory to uplift RE growth: report
Fitch expects greater certainty and more financial support for the sector.
Higher storage capacity to complement China’s renewables expansion
The growth in RE will be met by a 9.7% growth in storage capacity
As high LNG prices lure exporters into the market, Asian buyers may look for the exit
Persistent LNG price spikes, although a boon for exporters, may stunt long-term demand growth in Asia
Hydro-electric pumped storage generation in China to rise nearly 60GW by 2025
This is, however, still below NEA’s goals.
Australia under 'dramatic transformation' as it adds 50GW renewables
The country expects its electricity will be supplied by renewable sources by 2025.
EMA wants 2 more term LNG importers
This is to enhance competition as well as provide more options for gas buyers.
Thailand to turn to renewable energy amidst gas supply challenges
This is to ensure security in electricity supply in the country.
Thailand gas imports from Myanmar drop to 15% in 2021: report
This was driven by the political and social unrest in Myanmar.
IRENA backs UN call to speed up energy transition
UN Secretary-General Antonio Guterres outlined 5 critical actions to jumpstart transition.
TNB unit buys nearly 50% stake in offshore wind firm BODL
This will add five turbines with a total capacity of 41.5MW to its assets amongst others.
Strong growth in Japan’s nuclear sector seen in short term: report
Nuclear power generation could rise 10.4% in 2022.
Gas sector woes may pressure Japan to pivot to other power sources
This could increase reliance on nuclear power.
Global offshore wind market to grow to 330GW by 2030: report
Woodmac expects 24 countries to have large-scale offshore wind farms.
South Korea’s ODIN, G8 partner to develop offshore, marine RE projects
The companies seek to develop a charging tower powered by wind amongst others.
Chinese gencos to see earnings recover in 2022: report
This comes as CreditSights expect the cost of coal to be lower this year.
Thought Leadership Centre
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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. Indonesia’s 31 GW captive coal surpasses Australia’s fleetResource 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.
