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.

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.

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 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.

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.

Singapore could start importing two gigawatts (GW) of renewable energy annually from Indonesia within five years, in what is the Republic’s biggest effort so far to import low-carbon electricity.

KUALA LUMPUR (Oct 10): The federal government is in the final stages of discussions with Sarawak over a proposal to sell energy from the Borneo state to Singapore and Peninsular Malaysia, Prime Minister Datuk Seri Anwar Ibrahim told Parliament on Tuesday.

KUALA LUMPUR (Oct 9): The Federation of Malaysian Consumers Associations (Fomca) advised the public to use goods or services sustainably to avoid wastage as the world is currently facing an energy crisis.

The new power tariff of 3.99 baht per kilowatt-hour (unit), which reduces electricity bills for the last four months of this year, has taken effect, following approval from the Energy Regulatory Commission, which was instructed to enact the government’s energy price policies.

Prime Minister Hun Manet reaffirmed that the government will continue subsidizing electricity for households as global energy prices remain high. “The Cambodian government will not increase the electricity price, despite the government having to pay millions of dollars a month to ease the burden of citizens nationwide, including the workers,” the Prime Minister said at […]