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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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India proposes cutting coal power output by 2025
India plans to cut generating output from a minimum of 81 coal-fired power plants by 2025 in an effort to replace thermal generation with cheaper renewables.
ADB to lend $250mn to Philippines to fund climate adaption
The Asian Development Bank is to lend $250mn to the Philippines to drive forward its climate change adaptation and mitigation efforts.
Poorer countries risk being left behind over power access as pandemic bites
The COVID-19 pandemic is holding back the global movement towards universal energy access, with 733mn people still without access to power at home in 2022.
G7 sets decarbonisation goal for 2035
The G7 has agreed to “predominantly decarbonise electricity sectors by 2035,” and to end government financing for international coal-fired power generation and speed up the phase-out of unabated coal plants by the same year.
BlueFloat Energy enters Taiwan offshore wind market
BlueFloat Energy has entered the Taiwanese offshore wind market, unveiling a project of more than 1 GW for the East Asian island nation’s much-anticipated Round 3 market auction.
AsiaElec: BlueFloat Energy enters Taiwan offshore wind market
BlueFloat Energy has entered the Taiwanese offshore wind market, unveiling a project of more than 1 GW for the Asian island nation’s much-anticipated Round 3 market auction.
Australian election spells new uncertainty for oil and gas
Australia’s federal election has resulted in a change of government following a victory by the Australian Labor Party.
Construction begins of unit 4 at China’s Xudabao NPP
First concrete has been poured for unit 4 of China’s Xudabao NPP in Huludao, Liaoning province.
Is coal killing us all?
Ending coal-fired power generation could prevent 14.5mn premature death from air pollution between now and 2050 and would create up to $16.3 trillion in economic benefits.
KEPCO to sell overseas coal power plants to shore up finances
South Korea's Korea Electric Power Corp. (KEPCO) is to sell up to all its overseas coal-fired power plants in a bid to offset recent financial losses and to reduce its global exposure to fossil fuels.
Wind turbine suppliers delivered record volume in 2021: GWEC
Wind turbine suppliers supplied a new record amount of volume in 2021, according to the Global Wind Energy Council’s (GWEC) annual Supply Side Data report.
AsiaElec: China doubles coal imports from Russia
China's Sinohydro to build $214mn hydroelectric plant in Rwanda
The Rwandan government has started the construction of a brand new power plant, expected to boost the country’s electrical capacity by 43.5 MW by the end of 2024, it was announced.
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.
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