AsiaElec - Asia Power
Vietnam navigates Lunar New Year power balancing act amidst low demand and renewable push
EGCO goes green: THB30bn push for 1GW capacity boost, focus on renewables
Thailand's EGCO Group is doubling down on clean energy in 2024, allocating a substantial THB30bn (approximately $832.1mn) budget to add 1 GW of power generation capacity and amplifying its focus on renewable sources.
Indonesian government promotes domestic natural gas utilisation to reduce subsidy and import
The Indonesian government is continuously promoting the utilisation of natural gas through various programs, such as the City Gas Network and Compressed Natural Gas
China's renewable energy megaboom still being held back by coal sector
China's surge in green initiatives in 2023, provided a rare positive narrative for both environmental sustainability and its economy, marking a significant milestone
German wind giant PNE AG sets sights on Vietnamese shores
German renewable energy developer PNE AG is setting its sights on Vietnam, planning to build up to three offshore wind farms off the coast of Binh Dinh province
Indonesian president approves rooftop solar panel regulation revision
Director of the Centre for Public Policy Studies believes that President Joko Widodo's approval of the revision of rooftop solar panel usage regulations demonstrates the state's commitment to maintaining affordability
Thai minister promotes investment in industrial estates, targets clean energy industry
Thai minister promotes investment in industrial estates, targets clean energy industry
AsiaElec: Indian oil & gas giant forms JV to increase offshore wind
Indian oil & gas giant forms JV to increase offshore wind
India’s Oil and Natural Gas Corporation, the country’s largest oil and gas company, along with NTPC Green Energy Limited, a fully owned subsidiary of India’s largest utility company NTPC, have formalised a joint venture
Japanese wind power numbers increase with 158 new turbines added to grid in 2023
Japan's wind power capacity saw significant growth in 2023, with the addition of 572.3MW, bringing the nation's total operational wind energy capacity to 5,213.4MW for the first time
Thailand Department of Mineral Fuels to open auction for onshore petroleum fields
The Department of Mineral Fuels of the Ministry of Energy is gearing up to open an auction for onshore petroleum fields later this year
Pertamina Ventures into Malaysia's gas-rich Block SK510 in collaboration with Petronas
Indonesia's state-run oil and gas enterprise, Pertamina has revealed its participation in a significant exploration endeavour in Malaysia
Korean shipbuilding giant makes waves in maritime SMR sector
South Korea's HD Korea Shipbuilding & Offshore Engineering has unveiled plans to collaborate with the UK's Core Power and the USA's Southern Company and TerraPower to develop a small modular reactor for maritime use
Taiwanese energy firms move into SE Asian, other markets
Taiwanese energy companies are aggressively expanding into Southeast Asian and Japanese markets as the global push for green energy gains momentum
Japan faces uphill battle in revamping energy mix
Japan, a country heavily reliant on imported gas and coal for its power generation, is grappling with ambitious targets to reduce its dependence on fossil fuels by the end of the decade
Revised rooftop solar power policy in Indonesia showcases the balancing of stakeholder interests amid energy transition goals
Sri Lanka in active talks with India’s Petronet on LNG supply
The government of Sri Lanka has reportedly engaged in discussions with India’s Petronet LNG to supply liquefied natural gas to dual-fuel combined-cycle power plants on the island.
In Pakistan, Ogra seeks to raise gas prices again to meet IMF condition
To meet the IMF's deadline by mid-February, the Oil and Gas Regulatory Authority has granted substantial concessions to gas utilities - Sui Northern Gas Pipelines Ltd and Sui Southern Gas Company Ltd
Italian oil company ENI plans to increase investment in Indonesia
The Italian oil company, ENI, intends to expand its investment in Indonesia, not only in the upstream oil and gas sector but also for decarbonisation projects
In Pakistan, power firms seek another PKR82bn tariff hike
Electricity distribution companies still grappling with the prolonged application of two consecutive quarterly adjustments totaling about PKR160bn at PKR4.43 per unit, have tabled a fresh claim of an additional PKR82bn
Vietnam PM calls for measured electricity price adjustments, urges state firms to boost efficiency
Prime Minister Pham Minh Chinh cautioned agencies not to adopt jerky or hasty methods when considering changes to electricity prices, emphasising the need for market-aligned adjustments.
Vinacomin's coal trading arm boasts record profit, stock soars
Pertamina Geothermal Energy forges partnership with Turkish Kipas Holding for global expansion
Pertamina Geothermal Energy, a subsidiary of Indonesia's state-owned energy company Pertamina, has entered into a Non-Disclosure Agreement with Kipas Holding, Turkey's third-largest geothermal supplier
China-Philippines agreement on South China Sea remains unchanged
China’s embassy in the Philippine capital Manila said last week that the memorandum of understanding signed by the two countries in 2018 regarding joint cooperation in the South China Sea remains in effect
Laos unveils National Electricity Transmission Company with China as majority shareholder
In a ceremonial event held at Landmark Mekong Riverside Hotel, Vientiane, on the evening of January 29, 2023, Laos officially introduced its national electricity transmission company, Electricite du Laos Transmission.
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