Power Utility
TNB unit buys nearly 50% stake in offshore wind firm BODL
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.
Asian markets may ‘ramp up’ coal as gas prices rise: report
Coal will continue to dominate the region’s power mix through 2027.
Price hike, supply issues to continue straining gas power in Asia: Fitch
This will particularly impact Japan, South Korea and Taiwan.
Offshore wind to replace nuclear in Taiwan’s power mix: Fitch
More than half of Taiwan’s power project pipeline consists of offshore wind power.
Taiwan’s nuclear phase-out plan by 2025 ‘more certain’: report
Nuclear power accounted for 9.5% of the power mix, as of end-2021.
India plays ‘lead role’ in the global emissions reduction goal: IEEFA
Domestic and international are rapidly scaling up infrastructure capacities in India.
China’s nuclear capacity to grow 7% annually up to 2035
The country has 54GW operational units and 22GW in the pipeline.
CCUS adoption in Southeast Asia to focus on gas production: report
About 75% of CCUS project pipeline is meant to capture excess carbon dioxide from gas production.
What can Adaro Power contribute to the shift to a green economy?
The company developed renewable power projects and wanted to make sure that its plans will be achieved in a just manner.
Philippines’ new roadmap targets 40GW offshore wind by 2050
This could make up 45 % of its electricity supply.
Philippines calls for EEC measures amidst looming fuel price hike
The department also raised the need to attain energy independence and security.
Europe to emerge as Asia’s competitor in the LNG market: Analyst
This comes as Europe seeks non-Russian LNG supply amidst the Putin-led conflict.
Thought Leadership Centre
Most Read
1. Global power grid investment reaches US$359b in 2024: report 2. PLN expands gas, LNG network to support rising renewables 3. Companies told to drop manual systems as 2030 renewable deadline nears 4. Clean energy outpaced fossil fuel investments in 2024, IRENA says 5. India’s installed power capacity hits 5.05 Lakh MWResource Center
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