AsiaElec - Asia Power

19 November 2021

Equinor seals 3-GW offshore deal with South Korea’s EWP

18 November 2021

Norway's Equinor has signed an agreement with Korean East-West Power (EWP) to co-operate on offshore wind projects in South Korea.

IEA stresses efficiency improvement needed to reach net zero

18 November 2021

Rapid improvements in energy efficiency technology are needed to keep global climate pledges within reach, the International Energy Agency said in a recent report.

KEPCO, six subsidiaries announce complete exit from coal by 2050

18 November 2021

State-owned Korea Electric Power Corp. (KEPCO) and its six power generation subsidiaries said this week they would pursue a gradual but complete exit from coal by 2050.

Vietnam to give priority to renewables

18 November 2021

Vietnam expects solar power to account for 5.9% of power output by 2030 and 8.4% by 2045.

India’s coal consumption set to endure

18 November 2021

India’s dramatic intervention at COP26 to change “phase out” to “phase down” for coal cannot hide the country’ continued reliance on coal, with peak coal use in power generation not set to arrive until 2040.

AsianOil: Petronas signs raft of CCUS agreements

16 November 2021

Malaysia’s state-owned Petronas has signed a number of agreements this month with international partners that focus on developing carbon capture, utilisation and storage (CCUS) technology.

Coal emerges down, but not out, from Glasgow

16 November 2021

The COP26 conference finished 26 hours late on November 13, with a last-minute intervention by India watering down the final agreement’s commitment on coal.

Chevron to use carbon credits to make up for Gorgon CCS shortfall

12 November 2021

Chevron and its partners in the giant Gorgon LNG project in Australia will buy carbon credits likely worth more than $183mn to compensate for failing to meet carbon capture targets.