Regulation

Last week, Indonesian financial regulators indicated they were considering a place for new coal-fired power plants in the country’s green taxonomy...

This could only happen once India resolves regulation uncertainties, amongst others.

Vietnam targets to phase out coal plants and convert them into biomass and ammonia plants.

IEEFA cites demand-side measures to increase clean energy share in its power mix.

Renewables are expected to account for 67.5% to 71.5% of the total electricity by 2050.

This will support the country’s goal to cut emission intensity.

This is in pursuit of its 2030 target. 

The agency conducted a security advisory mission in Vietnam from 19 to 31 March.

The Union Cabinet approved the National Green Hydrogen Mission in January.

One crucial step to achieving the global climate goal is to increase clean energy at least four-fold, IEA said during the event.

The country aims to reach net-zero carbon emissions by 2070.

The mission aims to produce 5mmt of green hydrogen annually by 2030.

This is in line with UAE’s plan to diversify renewable energy sources. 

It is expected to present its recommendations to the UN General Assembly in September 2023.

It aims to be a global hydrogen powerhouse.

The bill will impose carbon trading and minimum consumption of non-fossil fuel sources.