Power Utility
JERA acquires share in Scarborough Gas Field project
JERA acquires share in Scarborough Gas Field project
The gas field has produced eight million tonnes per annum.
Asia to lead grid expansion investments
China will account for 30% of the total investments this year.
Three reasons the US LNG pause does not threaten South Korea’s energy security and transition
Since the United States (US) Biden Administration announced the temporary pause on new liquefied natural gas (LNG) export approvals early this year...
India needs 12 GW of storage capacity in FY2024
This will be increasing to 70 GW in FY2030.
Vena Energy receives $600m of sustainability-linked financing
The green energy company has achieved over 3 GW of projects.
Global LNG demand to grow 50% by 2050
This will be driven by the increasing demand in China, South Asia, and Southeast Asia.
Summit Power International provides vital LNG support to Bangladesh
Without cross-border electricity supply, LNG is needed by a country facing geographical constraints to deploy renewables.
Nuclear production posts biggest decline in a decade
China is the second largest producer of nuclear electricity.
China’s installed solar capacity reaches 600 GW
The sector accounts for a fifth of China’s total installed capacity.
Three key areas the power sector should address to push consumers' energy transition
The survey found that 70% are not willing to spend more money and time on the transition.
India’s installed capacity reaches 428.3 GW in 2023
It added 28.8 GW of capacity from March 2022 to December 2023.
Philippines to launch auction for 4,399 MW RE projects
The third round of the Green Energy Auction will be held in August 2024.
India’s 19 coal-based units retire in the last 3 years
The units have a total capacity of 2,344 MW.
NEFIN secures major solar project in Malaysia
The solar farm in Teluk Intan is set to offset thousands of tons of CO2 emissions annually.
Natural gas demand remains consistent in South Korea
Demand experienced a 26% year-on-year increase in 2023.
Eurus Energy begins operation of 42 MW Kabaoka Wind Farm
The wind farm will power over 31,000 households and reduce emissions by 47,000 tonnes per year.
Natural gas to rise 3% in 2024
Rystad Energy said the sector will continue to address the energy trilemma.
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