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Power

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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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State-owned electricity company PLN announces construction of new wind power plants to boost renewable energy capacity

14 June 2024

Indonesia's state-owned electricity company, PT Perusahaan Listrik Negara, has unveiled plans to construct three new wind power plants by 2027, adding a total capacity of 152 MW to the country's renewable energy portfolio

Thailand charts greener energy course in revised power plan

13 June 2024

Thailand's energy landscape is poised for a significant transformation with the unveiling of a revised Power Development Plan and Natural Gas Management Plan by the Energy Policy and Planning Office

Vietnam's coal conundrum: balancing power needs with climate goals

13 June 2024

Vietnam faces a complex energy challenge as it strives to avoid last year's crippling power outages while also fulfilling its climate commitments

Indian energy firms to export RLNG to Bangladesh

13 June 2024

Two Indian energy firms are preparing to export regasified liquefied natural gas to Bangladesh through two pipelines stretching 265 kilometres

Indonesian region Trenggalek explores carbon trading to boost local revenue

13 June 2024

The Trenggalek Regency Administration in East Java is adopting carbon trading as a new fiscal scheme to boost local revenue, aligning with the national goal of achieving net zero carbon by 2060

Sweltering heat fuels surge in India's gas-fired power usage

12 June 2024

India is witnessing a surge in gas-fired power generation. As a result, and according to industry officials and experts, imports of LNG are projected to rise sharply over the next two years.

Global investment twice as much in renewables as fossil fuels, says IEA

12 June 2024

Global spending on clean energy technologies and infrastructure is on track to hit $2 trillion in 2024 even as higher financing costs hinder new projects, notably in emerging and developing economies, said a new report by the IEA.

Octopus Australia to develop 1 GW of wind

12 June 2024

Octopus Australia is pleased to announce the successful purchase of an additional 28,000 hectares of land near Deniliquin, New South Wales in Australia. This is for the development of the new 1 GW Merino wind farm.

The climate case for US LNG

12 June 2024

The research may provide a compelling reason for the US pause on LNG approvals to be lifted.

US ITC backs tariffs on SE Asian PV cells

11 June 2024

The US International Trade Commission has upheld the probes into whether imports of solar products from Cambodia, Malaysia, Thailand, and Vietnam undermine US manufacturing.

Russia greenlights Myanmar nuclear plant deal, raising concerns

11 June 2024

Russia has authorised a plan to construct a low-power nuclear facility in Myanmar

India’s ONGC seeks international partner to boost output from ageing Mumbai high field

11 June 2024

India's state owned Oil and Natural Gas Corporation is looking to collaborate with an international oil major to rejuvenate its flagship Mumbai High field, which has seen a decline in production after nearly fifty years of operation

President Jokowi urges PLN to harness green energy for investment opportunities

10 June 2024

President Joko Widodo has urged Indonesia’s state-owned electricity company, PT PLN, to capitalise on investment opportunities by managing the country's abundant green energy resources

Malaysian Sime Darby Plantation embarks on sustainable revenue initiative with Kerian Green Industrial Park

10 June 2024

Sime Darby Plantation Berhad is set to leverage its extensive land holdings in Malaysia by participating in the development of the Kerian Integrated Green Industrial Park in Perak

Upstream Oil and Gas Regulatory Task Force, ESDM, and ENI Indonesia to launch $70mn 3D seismic survey

10 June 2024

The Upstream Oil and Gas Regulatory Task Force, in collaboration with the Ministry of Energy and Natural Resources and ENI Indonesia, is set to conduct a $70mn 3D seismic survey

Majority of Australians support use of nuclear power, finds poll

10 June 2024

Australian public opinion on nuclear power has significantly shifted, with 61% of respondents now supporting its use for electricity generation

Indian regulator seeks to oversee expansion of country’s LNG terminals

9 June 2024

India's Petroleum and Natural Gas Regulatory Board has proposed new regulations requiring companies to obtain approval before setting up or expanding liquefied natural gas terminals.

As India’s energy landscape changes due to heatwave gas generated power use soars

9 June 2024

India is witnessing a significant shift in its energy landscape as extreme heat and new policy changes drive an uptick in gas generated power production.

Thailand races to revamp power plan with focus on clean energy

7 June 2024

Thailand's Ministry of Energy is accelerating efforts to modernise its national power plan, aiming for a public hearing on June 12

Indonesia showcases $860mn green refinery projects at IPEF Forum

7 June 2024

Chief Economic Affairs Minister Airlangga Hartarto highlighted investment opportunities in sustainable infrastructure at the Indo-Pacific Economic Framework forum in Singapore

South Korean president makes bold claims about potential offshore oil and gas reserves

6 June 2024

South Korean President Yoon Seok-yeol announced on June 3 there could be as much as 14bn barrels in oil and gas resources off the country’s southeast coast, after approving an exploratory drilling plan proposed by the energy ministry.

Vietnam embraces LNG in ambitious energy transition plan

6 June 2024

Liquefied natural gas is emerging as a key player in Vietnam's ambitious energy transition strategy.

Coal mining company Delta Dunia Makmur finalises $122.4mn acquisition in the US

6 June 2024

Indonesian coal mining company Delta Dunia Makmur has completed a significant acquisition deal in the United States.

Japan’s Tokyo Gas eyes a slice of Philippine LNG sector

6 June 2024

San Francisco-based law firm Morrison Foerster has successfully represented Tokyo Gas Co., Ltd in securing definitive agreements for the acquisition of a 20% stake in an LNG import and regasification terminal project located in the Philippines

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