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Malaysia energy major targets early closure of coal plants

Malaysia’s largest electricity provider Tenaga Nasional Berhad has announced plans to fast track the closure of its coal-fired power plants to hasten the transition of its generation fleet from fossil fuels to renewable sources including large-scale solar PV and green hydrogen.  

Malaysia energy major targets early closure of coal plants

Malaysia utilities giant Tenaga Nasional Berhad (TNB) announced this week it is aiming to install more than 14 GW of renewable energy capacity by 2050 as it seeks to retire some of its coal-fired assets earlier than planned as part of ongoing efforts to achieve emissions reduction targets and ensure continued business growth for the company.

Proposed power tariff hike ditched

BANGKOK: A new higher power tariff is to be postponed following an intervention by Prime Minister Prayut Chan-o-cha to curb rising living costs, says a source at the Energy Ministry.

LSS4 projects to get four-year PPA extension

KUALA LUMPUR (Aug 2): Bidders of Malaysia’s fourth round of large scale solar awards (LSS4) will have their power purchase agreements (PPAs) extended by four years to 25 years, from 21 previously, according to sources.

Vietnam to restrict manufacture and import of fossil fuel vehicles from 2040; green energy required by 2050

Vietnam will begin imposing restrictions on the import and manufacture of vehicles that run on fossil fuels from 2040 according to the country’s government programme on energy transition, VN Express reported. The Vietnam government’s energy transition programme outlined targets for the reduction of carbon and methane emissions from the transport sector, aimed at making it a zero-emissions […]

Electricity rebate depends on probe findings, says minister

PETALING JAYA: A final decision on an electricity rebate for 1 million customers affected by a power outage on Wednesday will depend on the outcome of an investigation being carried out, the energy ministry said today.

A targeted fuel subsidy will worsen inflation, says Najib

PETALING JAYA: The government’s proposal to shift from a blanket fuel subsidy mechanism to a targeted one will lead to higher inflation, claims former prime minister Najib Razak. In a Facebook post, he said that the government should not introduce major economic policy changes at a time when inflation forecasts are still high, stating that […]

Marcos’ energy agenda: Build new power plants

MANILA – Building new power plants, the use of renewable energy and bringing down the price of electricity to consumers are the priorities of President Ferdinand Marcos Jr. in the next six years of his administration.

TotalEnergies exits from Myanmar amid political turmoil

French energy major TotalEnergies has ‘definitively’ withdrawn from Myanmar, citing the deteriorating human rights situation in the country caused by last year’s military coup. In January this year, the French firm announced its decision to exit from the Yadana field and from the associated pipeline firm Moattama Gas Transportation Company (MGTC) in Myanmar, without seeking any financial […]

Indonesia “very likely” to delay B35 biodiesel rollout, energy ministry official says

JAKARTA, July 19 (Reuters) – Indonesia is “very likely” to delay the rollout of biodiesel with 35% palm oil content, known as B35, which was previously expected to start on July 20, energy ministry official Dadan Kusdiana said on Tuesday.