Power Utility
Australian Labour Party victory to uplift RE growth: report
Fitch expects greater certainty and more financial support for the sector.
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.
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.
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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.
