AsiaElec - Asia Power

Australian prices to rise if Narrabri gas fields approved

Australian power and gas prices could rise if Santos’ Narrabri gas fields are approved, as the gas must travel huge distances to reach customers and generating facilities on the coast.

Green energy provides 11.5mn jobs in 2029

The number of green jobs in the world rose to 11.5mn in 2019, with solar PV providing 3.8mn, or one-third, of them, the International Renewable Energy Agency (IRENA) said this week.

Sumitomo confirms Five Estuaries leasing rights

Sumitomo Corp’s Japanese-backed 353-MW Five Estuaries offshore wind project in the UK has secured lease agreements for seabed rights and aims to begin commercial operations in 2030.

Vestas wins 53-MW turbine order from Vietnam

Vestas has received a 53-MW order from Vietnamese wind developer Thuan Binh Wind Power (TBW) to supply and install 13 of its V150-4.2 MW turbine models to the Phu Lac Phase 2 and Loi Hai 2 wind farms.

Hybrid hydro/PV offers untapped potential

Building floating solar plants on the reservoirs of existing large-scale hydropower plants could provide a theoretical 7.6 TW of generating capacity, the US Department of Energy’s National Renewable Energy Laboratory (NREL) said this week.

BP shares tumble to 25-year low as investors doubt clean energy strategy

IEA talks up CCUS as key to reducing emissions

CCUS has a vital role to play in limiting global warning, the IEA says, but more investment and research is needed

ONGC puts out fire at Gujurat gas processing plant

India’s state-run Oil and Natural Gas Corp. (ONGC) has put out a fire at its natural gas processing plant in Gujurat State after the facility was rocked by three explosions.

GE exits new build coal power market

US-based GE has said it is to stop building coal-fired power plants and will concentrate instead on renewables and gas-fired generation.

China’s welcome net zero surprise

China’s net zero ambitions are a welcome surprise for the global energy transition, but more details are needed

J-Power to develop CCUS in Indonesia

Japan’s J-Power and consulting company Japan NUS are to carry out a CCUS demonstration project to store carbon dioxide deep in the ground in Indonesia as part of efforts to reduce greenhouse gas emissions.

Spain's Elecnor to build wind project in Mexico

Spain’s Elecnor has won a €28.8mn ($34.1m) contract to build the 56-MW Coromuel wind farm in Mexico.