Power Utility
Power outages in China exposes Industrial firms’ energy security risk: report
The outages were largely due to extreme heat and drought.
Power outages in China exposes Industrial firms’ energy security risk: report
The outages were largely due to extreme heat and drought.
Tata Power to install smart metres for all Mumbai customers by FY25
The company has already deployed smart metres to 75,000 customers.
Azure Power appoints acting CEO
Harsh Shah stepped down as the CEO effective immediately.
LNG investments to reach $42b annually in 2024: report
This is 20 times the investments seen in 2020 which amounted to $2b.
New 72MW solar farm in the Philippines starts operation
The project was developed by ACEN and Citicore.
Australian energy crisis gives rise to new gas supply need
Energy prices rose 400% up to AU$40 per gigajoule.
Will China’s coal push delay its dual carbon targets
Government data showed China’s coal production grew 11% in H1 2022.
India could raise RE capacity by about 24GW with wind energy
As of March 2022, 37.7% of its cumulative installed capacity was wind.
Indonesia’s royalty scheme to drive new coal investment away: report
The government will impose a 28% rate when the coal benchmark price goes over $100/tonne.
Southeast Asia faces uphill battle in CCUS deployment without carbon pricing
It is unlikely that the carbon price in the region could reach $40 per tonne of carbon dioxide.
India RE open access capacity climbs by 1.9GW in 2022: report
The market size is estimated to have grown to 10GW in 2022.
Japan close to hitting 2030 renewables target
The country set a 36-38% renewable energy target in 2030.
Regional grid connection can boost energy transition, economic growth
Having a 15% regional grid connection will create 870,000 jobs.
Philippines’ AboitizPower to explore 3,000MW offshore wind power
The country only has a capacity of 443MW onshore win, as of 2020.
China, US to account for 75% of global energy storage demand
Wood Mackenzie projected the markets to have 422GWh and 600GWh by 2031.
Japan should consider alternative power sources to avoid supply shortage: Fitch
Natural gas holds the largest share in the country’s power mix.
ADB commissions off-grid renewable hybrid energy in Mongolia
The system is expected to supply 1,500 local residents amongst others.
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Co-hosted by industry leaders and supported by government officials, the Future Energy Asia Exhibition and Summit aims to accelerate the region's journey towards net-zero emissions.
