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AsiaElec covers utility-scale power developments and policy across all main industry sectors, including coal and gas-fired thermal power, nuclear, renewables, hydro, combined heat and power (CHP), transmission, grid and storage. It also covers the closely interlinked coal-mining sector.
AsiaElec reports on project investment and approval, providing news and intelligence on key developments. This is ideal, not only for investors, developers and competitors, but for service, infrastructure and construction companies, who benefit from knowing where best to make their next key move in a rapidly developing market.
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GAC data show Chinese spending on Russian oil, gas, coal up 75% y/y in April
China's spending on Russian crude oil, natural gas and coal jumped by more than 75% year on year to $6.42bn in April, according to data from Chinese customs data.
Indian power engineers urge government to subsidise coal imports
Indian power engineers have urged Indian Power Minister RK Singh to subsidise the cost of importing coal at a time when coal prices are high and India’s power demand rockets during record temperatures.
Banks still lend to Indonesian coal projects as prices rise
Major global banks such as Citigroup, BNP Paribas and Standard Chartered are continuing to lend to Indonesian coal projects as prices rise and miners look to invest in new equipment, a think-tank has warned.
Fossil fuel closures needed to stand any chance of meeting 1.5°C target
Ending new oil, gas and coal developments is not enough to reach net zero by 2050, according to new research. Instead, already built fossil fuel projects must be decommissioned early if climate change is to be limited to 1.5°C.
Guterres calls for jump-start for energy transition
UN Secretary-General Antonio Guterres has called for a five-point plan “to jump-start the renewable energy transition,” ahead of the COP27 summit in Egypt in November.
More proof that climate change threatens lives and causes economic damage
Human activity has caused irrevocable damage to the climate, causing hundreds of billions of dollars of economic damage and threatening water and food supplies to millions of people.
G7 to raise climate finance for developing economies in Asia, Africa
The G7 is to increase its support to developing economies such as Indonesia, Vietnam, India and Senegal that are working towards ending their reliance on coal.
Chevron, ExxonMobil sign separate deals with Pertamina on low-carbon opportunities
Super-majors Chevron and ExxonMobil said in separate announcements this week that they had signed agreements with state-owned Pertamina to explore low-carbon opportunities in Indonesia.
Work begins on dome for Unit 1 at Bangladesh’s Rooppur NPP
At the construction site of the Rooppur NPP in Bangladesh work has begun on the pre-assembly of the outer containment dome at Unit 1.
India requires power plants burning imported coal to run at full capacity
The Indian government has used powers under the Electricity Act to require all power plants reliant on imported coal to run at full capacity until October 31 in a bid to boost power generation capacity.
bneGREEN: Climate change, war in Ukraine and rising prices create perfect storm threatening global food security
The war in Ukraine has interrupted grain exports from the country and could create a global food crisis as vulnerable wheat importing countries in Africa and the Middle East face shortages and rising prices.
IFC found to have broken ESG policies with coal investment in Philippines
The IFC has found that it broke its own environmental and social policies by backing coal projects in the Philippines.
Off-grid solar struggles to recover from pandemic
The off-grid solar industry has posted slower than expected recovery from the COVID-19 pandemic in the second half of 2021, although some countries are showing limited growth, while others are showing signs of a healthy recovery.
Renewables set for record growth in 2022, but 2023 is not so rosy
Renewables are again set to break global records in 2022, with 320 GW of new capacity forecast to come online and new solar projects in China and Europe driving growth.
wpd to sell offshore wind business to Global Infrastructure Partners
US-based investor Global Infrastructure Partners (GIP) will purchase 100% of wpd offshore GmbH, the offshore wind business of Germany’s wpd. The German company also says it will double its onshore wind and solar operations by 2045.
Will India become too hot to live in?
Behind India’s soaring temperatures lie a healthy appetite for cheap Russian fossil fuels, lukewarm enthusiasm for a fast reduction in CO2 emissions and not enough investment in climate adaption
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