AsiaElec - Asia Power

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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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AIA Group divests from coal

9 December 2021

Global insurer AIA Group has become the latest insurer to divest its coal mining and coal interests by selling $10bn of investments in the fuel.

Vietnam’s 48-MW Tra Vinh wind farm begins commercial operations

9 December 2021

Modern Energy Management (MEM) said it has begun commercial operations at the pioneering 48-MW Tra Vinh Wind Power (TWPC) intertidal wind farm project in Vietnam.

UN’s Espinosa stresses need for quick follow up on Glasgow goals

9 December 2021

UN climate chief Patricia Espinosa said governments must quickly begin working to meet the goals set at the COP26 conference in Glasgow as part of the Glasgow Climate Pact.

Pakistan’s Chinese-built Mohmand Dam to be open by 2025

9 December 2021

Pakistan’s Chinese-funded Mohmand Dam project is set to open by December 2025, the country’s Water & Power Development Authority (WAPDA) said this week during a site visit by MPs.

Li-ion battery recycling not expected to take off before 2030

9 December 2021

Lithium-ion (Li-ion) battery recycling is not expected to take off before 2030, according to a new report by Wood Mackenzie, while China is forecast to remain as key battery recycling centre in the long term.

REM: Fitch: Wind power pipeline up by almost 33% in six months

8 December 2021

The world's wind project pipeline increased significantly between the second and fourth quarters of 2021 as efforts to mitigate climate change continued to drive the adoption of renewables. This is according to a new report by Fitch Solutions.

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.

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