Power Utility

China remains the 2nd largest nuclear energy producer: report

Its total nuclear generation capacity rose 11% YoY.

Nuclear electricity generation share drops to lowest value in 4 decades

This is despite the 3.9% increase in the produced electricity.

Wind power to grow nearly 2% between 2022 and 2031: report

This is equivalent to 25.6 gigawatts of new installed capacity.

India could turn to 12.5GW gas capacity to meet peak demand

This also comes as the market waits until battery storage becomes cost-competitive.

Asia’s gas demand to remain flat in 2022: report

The region is expected to post a modest recovery of 3% in 2023.

Natural gas market will remain tight in 2023: IEA

Its consumption will decline by 0.8% this year.

Indonesia’s geothermal energy to reach 8.1GW by 2035

It could still meet its 9.3GW target if it is successful in the WKP auctions, amongst others.

Laos poised to be Southeast Asia’s key electricity supplier

This comes amidst the development the Laos-Thailand-Malaysia-Singapore Power Integration Project.

APAC to generate lion’s share of world’s energy by 2030

The region is expected to account for 56% of the world’s energy in the  next decade.

Asia to account for 63% of renewable capacity additions until 2031

Around 66% will be coming from the non-hydropower sector.

ACCIONA Energia acquires nearly 50% in SG-based wind developer

This will enable the company to enter the Southeast Asian markets.