Power Utility
Southeast Asia at the forefront of coal phase-out in power plants
Southeast Asia at the forefront of coal phase-out in power plants
Amidst the challenges of eliminating coal in the region’s energy mix, ASEAN Taxonomy Board paves way for sustainable financing for phase-out.
Australia is amongst fastest market to move away from coal: report
It is poised to be a regional outperformer for renewables.
APAC may struggle to find funding for oil and gas sector
This comes as more financial institutions commit less funding for fossil fuels.
Wind turbine intake hits new record in Q1
The intake reached 23.5GW of activity, Wood Mackenzie reported.
Clean energy investment to rise to US$1.7t in 2023: IEA
This includes funding for renewables, EVs, nuclear power, grids, and storage.
Coal share in China’s power mix to decline in coming years: report
this is despite its reliance on coal, Fitch Solutions reported.
China to sustain lead in renewables in the long term: report
This will mainly come from its solar power sector.
Solar PV manufacturing in China to grow to over 230GW in 2026
This is more than enough to supply global market demand, Wood Mackenzie reported.
China’s solar exports up by 64% in 2022: report
Exports amounted to US$52b, Wood Mackenzie reported.
LNG demand in South Korea to remain high despite nuclear power expansion
The market will continue relying on LNG for primary backup fuel amidst its energy transition.
Fresh push for nuclear power dims LNG expansion in South Korea
The government plans to boost nuclear power generation to 32.4% by 2030.
Fossil fuels dominate China despite ‘strong’ renewables growth: report
The market added over 100GWs of wind and solar annually in the last three years.
Renewables share in APAC’s electricity generation reaches 11%: report
This is behind the global figure of 12%.
How can markets ramp up nuclear power deployment?
Nuclear power deployment is being held up by high costs.
High cost hinder uptake of nuclear, small modular reactors: report
Nuclear capacity is poised to increase by 280GW by 2050.
New rules for grid connection needed in Australia: Clean Energy Council
This is to give renewable energy investors certainty in connecting to the grid.
What’s holding back Myanmar’s power sector growth?
The market’s installed capacity will remain marginal in the next decade.
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