The Energy Ministry has ordered the Energy Business Department to discuss with Thai oil traders the prospect of using blockchain to facilitate palm oil trade. A blockchain system would cut out the middleman between palm planters and palm oil mills, in theory allowing planters to sell the commodity at higher prices.
The COVID-19 pandemic has brought about some unexpected positive environmental consequences. With economies now at a virtual standstill, carbon output could fall by more than 5 percent year-on-year – something not seen since the end of World War II.
The UK’s long-awaited Integrated Review, outlining its international priorities in a post-Brexit world, has been released. Whilst it is wide-ranging in focus, there is a clear and strong tilt towards opportunities in digital and climate change within Southeast Asia. This should be welcome news for Asean member states, especially if the UK becomes a viable […]
The state-run Electricity Generating Authority of Thailand (Egat) has initiated a test of peer-to-peer power trade from solar rooftops, planning to enter the prosumer trade in the coming years. Governor Viboon Rerksirathai said Egat installed solar panels on top of its headquarters in Nonthaburi to conduct the test and collect power trade data. The power […]
Ho Chi Minh City, Vietnam’s electricity sector has set a target to become a digital business by adopting key technologies such as big data, Internet of Things and artificial intelligence (AI) to improve the local power system. Electricity of HCM City (EVNHCMC) deputy director-general Nguyen Duy Quoc Viet said: “Technology has drastically changed the power […]
Jakarta (ANTARA) – The governments of Indonesia and Germany have agreed to support efforts towards clean energy transition under the Clean, Affordable, Secure Energy (CASE) program in Southeast Asia.
Metro Manila (CNN Philippines, May 22) — Major power distributor Meralco on Friday committed to expand meter reading among all its customers to reflect adjustments in the June billing statement. In an online Joint Congressional Energy Commission hearing, Victor Genuino, Meralco first vice president and head of customer retail services and corporate communications, said less than one […]
OPENSYS Technologies Sdn Bhd, a subsidiary of OpenSys (M) Bhd, is allocating RM650,000 of its total capital expenditure this year for system development amid the growth potential of the solar sector in Malaysia. Following the launch of buySolar — Malaysia’s first one-stop online marketplace for solar services and products — the company has several more […]
The Provincial Electricity Authority (PEA), a state power distribution arm, has adopted an electronic letter of guarantee (e-LG) integrated with blockchain technology to reduce operation costs and enhance business efficiency.
Blockchain-enabled approaches to advancing the transition to renewable energy sources are making inroads in new regions. On Aug. 25, Australian blockchain firm Power Ledger announced its forthcoming launch of a marketplace for trading renewable energy certificates (RECs) across Thailand and the Southeast Asian region.