Power Utility

Europe to emerge as Asia’s competitor in the LNG market: Analyst

This comes as Europe seeks non-Russian LNG supply amidst the Putin-led conflict.

Emerging Asia poised to be world’s LNG key demand driver: IEEFA

It is projected to surpass LNG demand in China by 2040.

APAC to lead battery storage market through 2026: GlobalData

It is projected to account for 68% of the global market value.

Natural gas demand to slip in 2022 amidst Russia-Ukraine conflict: IEA

The downward forecast is equivalent to 50 billion cubic meters of LNG.

Philippine energy department, World Bank to launch offshore wind roadmap

The roadmap seeks to tap the country’s 178GW offshore wind potential.

‘Deeply rooted’ policy limits drag India’s rooftop solar segment: report

India will likely miss its 2022 solar target due to slow rooftop solar installation.

India to miss 100GW solar target in 2022 by 27%: report

This is due to the slow pace in the installation of rooftop solar, the IEEFA and JMK Research found.

China emerges as top contributor of new renewable capacity in Asia: report

The country added 121GW to the region’s new capacity, IRENA data showed.

Energy spending to hit record high of over $2t in 2022: report

This will be led largely by oil and gas, Rystad Energy projected.

Coal to dominate the Philippines’ power mix by 2031: Fitch

It is projected to account for 61% of the country’s power mix.

Philippines to speed up decarbonisation of power sector: Fitch

The country’s total solar capacity increased significantly in the past year.

Hydropower projects might rough-sail in Asia: report

Environmental and social opposition, and financial concerns pose challenges to hydropower.

Climate spending under Australia’s federal budget shrinks: IEEFA Australia

It will drop to $1.3b in 2025-26 from $2b in 2021-22 and 2022-23.

South Korea to help stabilise energy market amidst Russia-Ukraine conflict

Minister Moon made the commitment during the IEA Ministerial Meeting.

Could phase-outs harm Asia’s nuclear energy growth?

The region is expected to bring 30GW in electricity per year with 32 reactors under construction.

Virtual power plants could play a key role in Australia’s electricity retailing

This power plant by your house could turn rooftop solar into a power source for the energy market.