S’pore to import low-carbon electricity from Vietnam to help meet renewable imports target
SINGAPORE – From 2033, Singapore will import 1.2 gigawatts (GW) of low-carbon electricity – primarily generated by wind power – from Vietnam, which will help fulfil the Republic’s target of importing 4GW of renewable energy by 2035 via electricity imports.
Households to get financial incentive for reducing electricity use during peak periods from next year
SINGAPORE: Singapore will test out alerting households on when to stop or postpone using their appliances during peak usage periods, in a first-of-its-kind effort to decrease energy consumption here.
Residents to be rewarded for cutting electricity usage during peak periods under pilot programme
SINGAPORE – In a first-of-its-kind initiative to get households to help manage the load on the electricity grid, residents in homes equipped with smart meters will be called upon to adjust their electricity usage during peak demand periods.
DOE seeks power connectivity linking Palawan to Borneo
The Department of Energy (DOE) is studying to connect Palawan to northern Borneo through a power transmission project, as a way to solve the province’s power woes and to enhance regional energy connectivity.
Madius: SESB to instal battery energy storage system to solve Sabah’s electricity supply issue
KOTA KINABALU, Oct 19 — Sabah Electricity Sdn Bhd (SESB) will carry out the installation of a battery energy storage system with a capacity of 100MW as a short-term solution to the power supply issue in the state, said its chairman Datuk Seri Wilfred Madius Tangau.
Gulf Energy eyes 50% revenue surge with power plant operations boost
Gulf Energy Development, a Stock Exchange of Thailand (SET)-listed firm, is looking forward to a 50% revenue surge, breaking past the 100 billion baht (US$3.03 billion) mark this year. This significant increase is due to the addition of electricity generation capacity and the full operation of its power plants.
Asean power grid opens doors for Singapore to be regional clean energy trading hub
THE planned Asean power grid could offer Singapore a golden opportunity to become the region’s trading hub for clean energy, as the city-state works hard to soften the potential blow on its booming petrochemical sector amid the shift from fossil fuels.
Power shortage looms until 2050: lawmakers
With the construction of many large power plants stalling or slowing and the dependence on imports for energy increasing, electricity shortages are possible until 2050, lawmakers fear.
Mitsubishi begins operating second unit at Thai power plant
Mitsubishi Heavy Industries’ (MHI) Mitsubishi Power has begun operations at the second of four units at the 2.65GW Rayong plant, a combined-cycle, natural gas-fired power plant in Rayong province, Thailand.
Meralco rates up this month
MANILA, Philippines — Rates of Manila Electric Co. (Meralco) are up for the second straight month this month as a result of higher generation and transmission charges. Meralco said overall electricity rate for a typical household went up by P0.4201 per kilowatt-hour to P11.8198 this month from P11.3997 per kWh in September.