Power Utility

‘Significant’ expansion seen in floating wind over past six month

This brings the sector to the cusp of global commercial growth, Fitch Solutions reported.

Wind farm size to expand in next decade amidst cost-cutting pursuit

Onshore and offshore wind could rise to 370MW and 850MW, respectively.

Three imperatives for utilities in the energy transition

The utilities sector has an important role to play in our collective transition to clean energy – one that cannot be understated: by decarbonising the...

Israel gears up for fourth natural gas exploration offshore bid round

The country plans to export larger quantities of natural gas amidst the crisis.

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

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.