APAC

Newcastle thermal coal price to average US$280 per tonne in 2023: report

This is lower than the average US$358 per tonne in 2022.

Australia, Mainland China top Green Hydrogen Suitability Index in Asia

China is expected to exceed Australia in the medium to long term.

Around 7 in 10 consumers want to reduce energy costs, consumption

The majority of Southeast Asians follow suit, especially those working from home.

Asian Civil Society flags concerns over ADB’s Energy Transition Mechanism

The ETM seeks to help markets accelerate coal phase-outs. 

Bangladesh pivots to coal amidst renewables challenges

The market plans to increase coal-based power generation capacity. 

Clean energy tech investment reaches over $1.4t in 2022: IEA

It is around 70% of the total energy investment growth.

Asia’s low-carbon investment to increase 12% YoY in 2023

Africa is expected to see the highest growth of 26%.

Low-carbon projects spending to increase 10% YoY in 2023: Rystad

This is a slowdown compared to the average of around 20% increase in recent years.

Masdar, Kyrgyzstan to develop 1GW renewable projects

It will start with a 200MW solar plant which is scheduled to operate by 2026.

Could current and planned renewables capacity offset coal

Over 3,200GW wind and solar are projected to be installed by 2030.

Ukraine crisis ushers in a new era of energy security for Asia

This is despite reports that the market may even be tighter in 2023 if China imports more LNG.

ADB grants $5M for renewable energy projects in Micronesia

This is on top of the $500,000 worth of in-kind support from the government.

Reducing green hydrogen production costs hangs on gov’t support

Hydrogen can reduce 10% of the total emissions to meet the global net-zero target, IRENA said.

Enhance the reliability of boiler-feed pumps for flexible thermal power generation

It’s no secret that renewable energy's variety and unpredictable nature is putting pressure on the grid.

High capital cost for renewables to persist in 2023: report

But its impact on prices and technology will vary amongst developers.