SINGAPORE: As electricity retailers in the Open Electricity Market (OEM) dangle discounted tariffs at cost-savvy consumers, experts are divided over whether this could lead to higher consumption. Some said this could lead to a “rebound effect”, which refers to consumers using more electricity because it is cheaper. Others said the OEM would make users more aware […]

With almost a quarter of Singapore’s power generation capacity expected to reach the end of its lifespan over the next five years, the Energy Market Authority (EMA) is studying how future gas plants entering the power system before 2030 could impact its target for net zero emissions by or around 2050.

HÀ NỘI — Although people and businesses don’t want the price of electricity and other commodities to increase, it is necessary to raise these prices to balance the economy in a multidimensional way. The statement was made by chief economist of the Bank for Investment and Development of Việt Nam (BIDV), Cấn Văn Lực, during an […]

That has been the scale of savings crunched by Senate Committee on Energy Chairman Sherwin T. Gatchalian, the principal author of the newly signed Energy Virtual One-Stop Shop (EVOSS) Law, that will then serve as digitally-enabled platform of streamlining approval processes on energy projects. Patently, the law that was signed by President Rodrigo Duterte last […]

TEMPO.CO, Jakarta – The University of Indonesia’s Institute for Economic and Social Research (LPEM UI) recorded an increase in the average salary or net income of workers in several sectors as of February 2021 albeit amid the Covid-19 pandemic. The highest hike is experienced by the electricity and gas sectors, reaching 5 percent year on year.

Forty participants from key stakeholders from the power industry including government agencies, government-linked companies and private agencies participated in the Brunei Darussalam National Climate Change Policy (BNCCP) Operational Document Task Force (ODTF) Workshop for Strategy 5 on Power Management.

The World Bank has signed an agreement with the Government of Myanmar to provide off-grid solar products to 450,000 people in rural Myanmar. The result-based financing for off-grid solar products is worth $3.45 million. It is co-funded by the Global Partnership for Results-Based Approaches (GPRBA) and the Energy Sector Management Assistance Program (ESMAP).

YANGON—The World Bank (WB) has announced it will provide a total of US$460 million (645 billion kyats) in credit to Myanmar to upgrade electricity power generation projects and increase access to quality essential health services, with a focus on maternal, newborn and child health. The WB said on Saturday its board approved $350 million in credit […]

YANGON—To sustain economic growth, Myanmar needs to invest up to US$2 billion (3.06 trillion kyats) annually in its electricity sector, according to a World Bank report released on Tuesday. In the report, “Myanmar Economic Monitor: Building Reform Momentum”, the World Bank said Myanmar’s economic growth is expected to rise to 6.5 percent in fiscal 2018-19, […]

YANGON — Myanmar needs to invest twice as much and implement projects three times faster to address its rapidly growing demand for electricity, the World Bank said. The figures presented in its Myanmar Economic Monitor, a biannual report released on Tuesday, indicated that Myanmar’s electricity supply will further deteriorate without a steep increase in investment by […]