Power Utility
India could raise RE capacity by about 24GW with wind energy
India could raise RE capacity by about 24GW with wind energy
As of March 2022, 37.7% of its cumulative installed capacity was wind.
Indonesia’s royalty scheme to drive new coal investment away: report
The government will impose a 28% rate when the coal benchmark price goes over $100/tonne.
Southeast Asia faces uphill battle in CCUS deployment without carbon pricing
It is unlikely that the carbon price in the region could reach $40 per tonne of carbon dioxide.
India RE open access capacity climbs by 1.9GW in 2022: report
The market size is estimated to have grown to 10GW in 2022.
Japan close to hitting 2030 renewables target
The country set a 36-38% renewable energy target in 2030.
Regional grid connection can boost energy transition, economic growth
Having a 15% regional grid connection will create 870,000 jobs.
Philippines’ AboitizPower to explore 3,000MW offshore wind power
The country only has a capacity of 443MW onshore win, as of 2020.
China, US to account for 75% of global energy storage demand
Wood Mackenzie projected the markets to have 422GWh and 600GWh by 2031.
Japan should consider alternative power sources to avoid supply shortage: Fitch
Natural gas holds the largest share in the country’s power mix.
ADB commissions off-grid renewable hybrid energy in Mongolia
The system is expected to supply 1,500 local residents amongst others.
Tata Power profit rises 90% YoY in Q1 FY23
This is the company’s 11th straight profit after tax YoY quarterly growth.
Philippine-based PXP Energy narrows loss in Q2
The company’s core net loss amounted to P645,000, down from P16.6m in the previous year.
New measure to improve power supply reliability in India
This includes the Reforms-based and Results-linked Revamped Distribution Sector Scheme.
APAC electricity demand to grow 3.4% in 2022
This is due to the lower economic growth and high energy prices.
Global electricity demand to slow down in 2022: report
It is expected to grow by 2.4% this year, down from the 6% rise in 2021.
What world leaders can do amidst energy crises
The GWEC outlined a five-point action plan.
East Asia, Pacific remain as hydropower ‘powerhouse’
Its total capacity reached 532GW in 2021.
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