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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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A positive start to 2021 for LNG
After a tough 2020, this year has started relatively positively for the LNG industry.
Indian fuel prices soar
Indian gasoline prices climbed to an all-time high this week amid improving domestic demand and stronger international oil prices.
2021 set to be a poor year for coal in Asia
Bangladesh, the Philippines, Vietnam and Indonesia have slashed their coal project pipelines by 62 GW as investors back out and coal proves a risky proposition
CGN begins construction of Hualong One reactor at San'ao NPP
China General Nuclear (CGN) has begun to pour concrete at the nuclear island of the Hualong One-design Unit 1 at the San'ao nuclear power plant in Zhejiang Province.
Green hydrogen has potential to compete with fossil fuels by 2030
Hydrogen produced with renewable electricity, known as green hydrogen, could compete on costs with fossil fuel alternatives by 2030, the International Renewable Energy Agency (IRENA) has claimed in a new report.
Green investment forecast to return to pre-COVID levels in 2021
Global capex spending on ren–ewables is poised to bounce back in 2021, rising 8.5% to $255bn – in line with 2019 levels, IHS Markit Energy Advisory Service said this week.
Pakistan to abandon new coal projects
Pakistani Prime Minister Imran Khan has said that his country will no longer approve new coal-fired power generation projects as part of a number of efforts by his government to combat climate change.
Nippon Steel sets 2050 carbon neutral target
Japanese steelmaker Nippon Steel has set a net-zero emissions target for 2050.
Vestas wins 97-MW order for Hawkesdale wind project in Australia
Vestas has secured a 97-MW deal for the Hawkesdale Wind Farm in Australia in partnership with Global Power Generation, a subsidiary of Naturgy Group.
Global electricity demand set for modest rebound after rapid fall in 2020
The impact of the COVID-19 pandemic is set to be profound for power demand, with emerging economies driving recovery
Green growth in emerging economies continues in 2019, but the 2020 pandemic will cause pain
The outlook for renewable energy growth in developing economies was exceptionally bright at the end of 2019, BloombergNEF (BNEF) has said in its annual Climatescope survey.
AGN announces first green hydrogen production
Australian Gas Networks (AGN) has announced the first green hydrogen production from its renewable gas facility in South Australia.
Gunvor to supply Vietnamese LNG-to-power project
Commodity trader Gunvor International and US-based Energy Capital Vietnam have signed a deal that will ensure feedstock supply for another Vietnamese liquefied natural gas (LNG) to power project.
Malaysia looks to boost gas consumption
Malaysia's CIMB bank unveils 2040 coal exit plan
Malaysia’s CIMB, one of the world's major Islamic finance institutions, has unveiled a comprehensive climate policy that rules out any exposure to coal power by 2040.
TVEL to introduce new fuel, longer cycle at Kudankulam
Nuclear Power Corporation of India Limited (NPCIL) and Russia’s TVEL, the nuclear fuel manufacturing subsidiary of Rosatom, have signed a supplementary agreement to their fuel supply contract for the VVER-1000 reactors in operation at Kudankulam.
UN calls for green investment to meet UN targets
Investing in green economic stimulus packages could reduce 2030 emissions by 25%, thereby making the Paris Agreement 2°C goal a possibility
Urgent action needed to decarbonise heating and cooling
Heating and cooling based on renewable energy has emerged as an urgent priority for countries striving to meet climate goals and build resilient, sustainable economies.
Extreme weather compounds impact of COVID-19 on climate change
2020 is set to be one of the three warmest years on record, the World Meteorological Organization (WMO) said this week, as the impact of COVID-19 drives forward the relentless march of climate change.
IEA warns slowdown in energy efficiency gains threatens climate goals
The IEA has warned that progress in energy efficiency is set to slow to less than 1% in 2020, the lowest rate in 10 years and a major brake on reaching major energy and climate goals.
Mongolia to cut processed coal price as lockdown continues
Horizon Power to pioneer pilot green hydrogen project in Western Australia
Western Australia’s Horizon Power is to build the country’s first renewable hydrogen demonstration plant in Denham, Western Australia.
Vestas wins 328-MW order for two wind projects in Australia
Vestas has secured a 328-MW deal for two wind projects in Victoria, Australia from developer Global Power Generation, a subsidiary of Naturgy Group.
MHI Vestas pushes forward wind turbine localisation in Taiwan
MHI Vestas and developer Copenhagen Infrastructure Partners (CIP) have secured a 5,000-square metre site located centrally in zone 1 of Taichung Harbour adjacent to the pre-assembly quayside of CIP’s Changfang & Xidao Offshore Wind Project.
1,400 GW of offshore wind is achievable if governments create the right conditions
Collaboration between industry, government and key stakeholders is needed to scale-up investment and technologies and to ensure sustainable growth
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