Power Utility

Rapid growth in power consumption seen in Bangladesh within 10 years

This is thanks to its booming garment industry, Fitch Solutions reported.

Rapid growth in power consumption seen in Bangladesh within 10 years

This is thanks to its booming garment industry, Fitch Solutions reported.

Renewable growth is grappling in South Korea

Could this be due to geographical barriers, prices, or the presidential elections?

Philippines’ ACEN net income jumps 22% YoY to $101.6m in 2021

It plans to invest around $1.1b to expand its renewables portfolio.

China could face ‘stronger competition’ in energy imports: Analyst

This is due to the changing energy supply pattern amidst the Russian conflict with Ukraine.

Gas demand in Eastern Australia could drop by 60% in 2050

Demand has been declining due to the clean energy transition.

Vietnam’s renewables growth to slow in near-term: report

This is due to regulatory and operational uncertainties, Fitch said.

Renewables growth in Asia risks collapse sans transmission system expansion 

Black & Veatch says this will need government policies, investment, and storage capacity.

Government incentives to boost solar manufacturing in India: report

The PLI scheme and the 2022 budget allocation could produce at least 40GW of solar modules.

Green hydrogen could be a ‘game changer’ in energy industry: GlobalData

This is even as hydrogen only accounts for 0.2% of electricity generation currently.

‘Strong’ nuclear growth in Japan seen in next two year: report

But, approval of applications to restart nuclear power plants will remain a challenge.

Asia to bring bulk of battery demand by 2030

Demand from the region will account for 41% of the global market.

Asian coal prices surge as Russia conflict drive demand

Demand is anticipated as the market look to replace Russian supplies.

Russia-Ukraine conflict adds impetus to Asia’s energy transition

Clean energy alternatives are a crucial hedge against future disruptions in global commodity markets

Philippines adopts nuclear energy in power mix

Under EO 164, the government will develop a Nuclear Energy program.

Philippines’ Meralco net income climbs 13% in 2021

This was driven by energy sales volumes that nearly hit its pre-pandemic levels.

Ukraine-Russia conflict to hit Asian LNG

Spot prices are expected to be elevated, Rystad Energy said.