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Energy policy to boost GDP by RM13bil

Malaysia has set a goal to raise the country’s annual average gross domestic product (GDP) by RM13 billion with the implementation of the National Energy Policy 2022–2040.

Indonesia unveils new regulation to boost renewable energy use

Indonesia has issued a regulation to encourage renewable energy use in one of the world’s biggest carbon emitters, including a plan to retire some coal plants early, a presidential decree said.  

Govt to increase grants, subsidies for renewable energy, says PM

The government will increase existing promotional grants and subsidies for the commercialisation of renewable energy, says Prime Minister Ismail Sabri Yaakob.

Presidential regulation on EBT power tariffs expected this week

President Joko Widodo has signed a presidential regulation (Perpres) concerning new and renewable energy (EBT) electricity tariffs, which is expected to be issued this week, the Energy and Mineral Resources (ESDM) Ministry has said.

Thailand approves more energy support, wage hikes

Thailand’s cabinet on Tuesday (Sep 13) agreed to extend a diesel tax cut and energy subsidies, as well as a minimum wage increase, to help mitigate the impact of high energy prices and living costs with inflation hitting a 14-year high, the government said.

Paolo Duterte, 3 others file bill on development of Philippines’ natural gas industry

Davao City Representative Paolo Duterte and several other lawmakers have filed House Bill No. 4097 which aims to put in place a regulatory framework that will aid the transition of the country’s emerging natural gas industry to a fully developed sector.

Thailand Offers Oil Users More Relief to Tame Inflation Risk

Thailand will extend a tax cut on the nation’s most-used fuel and subsidize electricity bills of some users to shield consumers from higher oil prices amid a forecast that the nation’s sticky inflation may stay above the central bank forecast next year.

Gasoline down P2.60/liter, diesel by P1.55/liter Tuesday

Motorists will get a slight reprieve from the successive major pump price hikes this week, as oil firms announced a rollback. In separate advisories, Chevron Philippines Inc. (Caltex), Flying V, Petron Corp., Pilipinas Shell Petroleum Corp. and Seaoil Philippines Inc. said they will cut down prices per liter of gasoline by P2.60, diesel by P1.55, […]

Singapore, Philippines see nuclear as solution

Singapore and the Philippines are keen to develop nuclear energy in line with their plans to decarbonize their economies. Apart from their climate commitments, the two are boosting their renewable energy resources to promote energy security.

Ministry reviews draft National Power Development Plan VIII

The Ministry of Industry and Trade has proposed six key contents of the draft National Power Development Plan for the 2021 – 2030 period with a vision to 2045 (PDP VIII) for comments from the Government.