AsiaElec - Asia Power

Gas demand from Chinese generators could decline 17% by 2025

China’s gas-fired generating sector is struggling to stay afloat as the twin pressures of lower tariffs and the ongoing trade war could push demand for feedstock down by 17% by 2025.

Coal and gas to lose out to renewables by 2026 in Australia

Demand for coal and natural gas as generating fuels in Australia has peaked and is set to be overtaken by solar PV and onshore wind by 2026.

BP warns of peak oil demand just around the corner

Reduced LNG demand drives project delays

Investors are widely expected to delay sanctioning new LNG export capacity on the back of depressed demand and an uncertain economic outlook.

Australia pursues hydrogen ambitions

Sinopec awards long-term LNG supply contract to Qatargas

China’s state-run Sinopec has reportedly awarded a long-term liquefied natural gas (LNG) supply contract to Qatargas for 1mn tonnes per year of the super-chilled fuel.

IEA calls for dramatic scaling up of clean tech to reach net zero

The power sector can only account for one-third of the progress needed to reach net-zero emissions. Transport, buildings and industry must also invest in clean tech, the IEA warns

Vietnam’s fuel importers struggle to shift diesel stockpiles

MHI Vestas boosts local content in Taiwan

MHI Vestas has signed a contract to buy spinner covers and nacelle covers for offshore wind turbines from Fassmer Atech Composites Taiwan in what is a major boost for Taiwan’s offshore wind supply chain.

Equinor is the latest global name to take part in Japan’s first offshore bid round

Japan needs to foster fast offshore wind expansion if it is to catch up with regional leaders

Ørsted signs shipping contract for Greater Changhua

Denmark’s Ørsted has chartered five crew transfer vessels (CTV) to service the construction of the Greater Changhua 1 & 2a Offshore Wind Farms in Taiwan.

Australian explorer Pilot Energy to develop wind farm offshore Western Australia

Australian energy company Pilot Energy is investigating the potential for developing a 1.1-GW offshore wind farm off Western Australia that would be paired with an onshore solar project.

CNNC makes nuclear progress in Pakistan

China National Nuclear Corporation (CNNC) has completed so-called hot functional tests (HFT) at the K2 reactor at Pakistan’s Karachi nuclear power plant.

India’s confident of meeting renewable target

India aims to increase its non-fossil fuel energy capacity from 134 GW today to 220 GW by the end of 2022.