Power Utility
Vietnam’s weak grid a barrier to direct power purchase policy
Its poor energy infrastructure impedes the integration of new capacity from RE projects.
India’s coal production up nearly 3% in September
Coal dispatch also saw growth last month.
Closure of ASEAN’s newer coal plants by 2040 doable
Adding new coal plants and retrofitting existing ones are a larger risk to the transition.
Utility alliance to invest over $116b annually in grids and renewables
Nearly half will be allocated to transmission and distribution.
PH eyes 1,200 MW of nuclear energy by 2032
This will be quadrupled by 2050.
Torrent Power to invest over $763m for renewable energy projects
This will fund 10 GW of clean energy capacity.
China developing over 1 billion tonnes/year of new coal mines: GEM
It is supplying more than half of the world’s total.
APAC power utilities at risk due to climate transition: Fitch
Energy transition efforts must be enhanced.
China to operate 40% of global offshore wind capacity by 2050
The country’s sector is expected to advance despite high investment costs and fading subsidies.
Meralco to sustain strong financial performance amidst heavy investments
The company is projected to maintain a ratio of FFO to debt of up to 45% over the next two years.
Adani Power expands global footprint with new Abu Dhabi unit
It will focus on power and infrastructure investments.
India’s small and medium businesses drive natural gas demand: IEEFA
Their gas consumption surged by 136% in fiscal year 2023-2024.
Nuclear fusion startups advances progress toward sustainable energy innovation
They are pioneering innovations like cold fusion and superconducting magnets.
POWERGRID receives LoI to acquire Bhadla-III Power Transmission
The project involves augmenting capacity at the existing Bhadla-III substation in Rajasthan.
Indonesia must overcome regulatory barriers to build RE appeal
It needs $285b to boost its clean energy capacity and hit climate targets by 2030.
Vietnam Electricity’s output up 11.5% as of end-July
Coal-fired thermal plants accounted for over half of the production.
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