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Power

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Overview

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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Sinopec to build world’s largest green hydrogen plant

2 December 2021

China’s Sinopec is to build a $470mn green hydrogen plant, the world’s largest and entirely powered by solar energy, in a bid to produce 10,000 tonnes per year of the gas.

Chinese emissions fall 0.5% in third quarter

2 December 2021

China’s CO2 emissions fell by around 0.5% in the third quarter of 2021 compared to a year earlier, new analysis for Carbon Brief showed.

South Korea to close up to 16 coal power plants during winter

2 December 2021

South Korea is to close temporarily 16 coal-fired power plants this winter in an effort to reduce air pollution.

Coal too expensive and unreliable for India

2 December 2021

India’s coal supply crisis is highlighting the need for the country to accelerate its transition to renewables, according to analysis from the Institute for Energy Economics and Financial Analysis (IEEFA).

AsiaElec: China unveils initial methane emissions control plans

2 December 2021

China has said it will examine how to control methane emissions in major sectors of the economy as it builds on its COP26 promises to limit methane.

World set for 290 GW of new green capacity in 2021

2 December 2021

Renewable electricity growth is accelerating faster than ever worldwide, supporting the emergence of the new global energy economy, says the IEA.

Indonesia weighs emission commitments against energy needs

2 December 2021

Indonesia remains committed to its oil and gas production goals for 2030 and beyond even though it has also pledged to reduce its carbon emission to net zero by 2060.

1.5°C remains elusive

2 December 2021

EU challenges China’s Belt and Road with €300bn Global Gateway

2 December 2021

Bloc’s giant investment offer may appeal to countries worried by Chinese “debt-trap diplomacy”. Beijing warns against geopoliticising infrastructure.

APPEA hails Queensland’s resource roadmap

26 November 2021

Queensland’s energy industry has hailed the state government’s 30-year road-map for its resources sector, noting that the draft plan cements natural gas’ role as the backbone of the local economy.

Coal phase-out could take longer than thought

26 November 2021

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.

Corporate net-zero targets grow, but more needs to be done

26 November 2021

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.

AsiaElec: Electricity demand in SE Asia to rise in 2021

26 November 2021

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’s VFlowTech scales up energy storage tech for EV charging

25 November 2021

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.

REM: Wind power must not become too cheap, says leading turbine maker

24 November 2021

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.

IHS Markit: global solar PV installations to grow 20% in 2022

22 November 2021

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.

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