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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.
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Kyrgyzstan addresses power shortage by telling citizens to burn more coal and offering discounted supplies
Thermal coal demand is expected to rise until the mid-2020s, despite the COP26 agreement, Wood McKenzie said in the aftermath of the UN climate summit in Glasgow.
Listed companies accounting for 75% of total global corporate revenues now have net-zero targets of some kind, with the share growing four-fold over the past year, according to new research from Net-Zero Tracker.
Electricity demand in Southeast Asia is likely to increase in 2021, following slow growth or contraction in 2020, thanks to state support that has mitigated the impact of pandemic on power consumption, Fitch Ratings says in a new report.
Singapore energy storage company VFlowTech is to team up with Seoul National University of Science & Technology (SeoulTech) and South Korean-based CompanyWE to install green EV charging infrastructure at existing filling stations in South Korea.
Wind power could become too cheap, trimming the profit margins of component manufacturers too much, said Andreas Nauen, chief executive of Siemens Gamesa, in an interview in Copenhagen with Reuters.
Sydney-listed Elixir Energy (EXR) gives market update on green hydrogen project in Mongolia’s South Gobi
Global solar photovoltaic (PV) installations will see more than 20% growth in 2022 and surpass the 200 GWdc barrier for the first time, despite continuing rising costs of production, according to a new report by IHS Markit.
Norway's Equinor has signed an agreement with Korean East-West Power (EWP) to co-operate on offshore wind projects in South Korea.
Rapid improvements in energy efficiency technology are needed to keep global climate pledges within reach, the International Energy Agency said in a recent report.
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 expects solar power to account for 5.9% of power output by 2030 and 8.4% by 2045.
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.
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.
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 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.
An initial assessment by Climate Action Tracker of the impact of the Glasgow sectoral announcements for methane, coal, forests and transport show they would reduce the 2030 emissions gap between current government action and a 1.5C pathway by 9%.
The UK government has announced GBP27.5mn ($37.1mn) of seed funding to support the UK Urban Climate Action Programme in a bid to tackle climate change and reduce emissions in cities in Africa, Asia and Latin America.
UN Secretary-General António Guterres told the COP26 summit that much work remains to be done to fill the emissions gap and the finance and adaptation gap, despite welcoming the agreements on forests, methane and coal made so far.