Power Utility
Asia Pacific dominates global wind market with 71% share
Asia Pacific dominates global wind market with 71% share
Record installations highlight the region's renewable energy surge.
MENA residential users to pay higher electricity prices
They are expected to pay an average tariff rate of $0.98/kWh.
China’s coal power consumption to halt growth by 2025
Non-fossil fuel sources will dominate the country’s power mix by around 2045.
Middle East power demand to hit 2,000 TWh by 2030
The residential sector comprises 40% of the total demand.
Why Singapore could be the ‘tipping point’ for ASEAN renewable and grid development
Heavily reliant on gas, the country is still on track for its 2035 net-zero target, but could be more ambitious to hit its 2050 goal by 2045.
JERA establishes JERA Cross to support corporate green transformation
JERA Cross will start operations on 1 June.
Australia to double renewable capacity by 2033
This will be supported by the Future Made in Australia package
Coal-fired Eraring Power Station retirement postponed to 2027
Started in 1984, the plant is initially targeted for closure as early as August 2025.
Renova unit’s biomass plant supplies power to NTT Docomo
The plant began selling on long-term fixed-price contracts with power retailers in 2023.
Asia's demand for US LNG remains strong in May
This is driven by imports in Japan, India, and South Korea.
Saudi inks 2 PPAs for 1,100 MW wind projects
The agreements mark the lowest cost of wind power production in the world.
Global gas-fired power generation rises slightly by 0.8% in 2023
The US largely drove the gas generation, followed by China and Iran.
Coal power remains dominant, comprising 35% of global electricity generation
China and India are the top producers of electricity using coal
Philippines DOE and US partner to enhance energy workforce and promote renewables
The US will support the implementation of the Civil Nuclear Cooperation Agreement.
Sinopec and TotalEnergies sign strategic cooperation
They will work on areas including oil and gas, and new energy.
India's coal-fired power share drops below 50% in Q1
Renewables accounted for 71.5% of the new capacity additions.
CLP Power Hong Kong initiates asset review after power incidents
The company reported voltage dips in April and March.