Vietnam looks to more than double power generation capacity by 2030
HANOI, Feb 19 (Reuters) – Vietnam will more than double its power generation capacity over the next decade to support a fast-growing economy, new guidelines for a national energy development strategy show. The Southeast Asian nation aims to boost capacity to 125-130 gigawatts (GW) by 2030, from about 54 GW now, the Communist Party’s powerful […]
Miners welcome Indonesia’s new jobs bill that could spur coal growth
JAKARTA (Reuters) – Miners have welcomed proposed changes to Indonesian mining rules under a new law aimed at boosting investment, though critics are concerned that the changes could underpin an expansion in polluting coal and threaten environment protection. FILE PHOTO: A truck passes through a tin mining area of Indonesia’s PT Timah in Pemali, Bangka […]
New renewables bill may give Indonesia chance to move away from coal
Energy industry observers and activists have welcomed the move of Indonesia’s parliament in drafting a bill on renewable energy that will be included in its docket of priority legislation for passage this year. Indonesia’s parliament has for the first time prioritized passing new legislation on renewable energy, and activists have seized the opportunity to call for […]
Pilot project to open coal market set for 4Q
THE government may open the coal market for power plants as Putrajaya seeks to reduce the cost of electricity generation in the country. A pilot project to open the coal market to supply the natural resources to fuel the power plants is expected to start by the fourth quarter (4Q) of this year, said Energy, […]
Quang Tri aims to become regional energy centre by 2025
Quang Tri (VNA) – The central province of Quang Tri is working to attract investment to realize its target of becoming an energy centre of the central region by 2025. Vice chairman of the provincial People’s Committee Nguyen Quan Chinh said Quang Tri is giving priority to investment in wind, power, gas and thermal power. The […]
Indonesia to issue feed-in tariffs to boost renewable energy sector
JAKARTA: Indonesia plans to issue a presidential regulation on a feed-in tariff system in a bid to boost investment in its renewable energy sector. The feed-in tariffs will be divided into two stages. The first will offer renewable power plant developers a fixed electricity price for 12 years. At the second stage, and on the […]
Lao electricity exports increase 145 percent in 2016-2020 period
VIENTIANE, Feb. 5 (Xinhua) — From 2016 to 2020, Laos expanded electricity capacity to 6,457 MW for export markets, which represents an increase of 145 percent over the previous five-year period. Lao Ministry of Energy and Mines earned more than 130 billion Lao kip (over 14 million U.S. dollars), up 35 percent compared to 2011-2015. […]
Panel suggests easing rules for LNG trade
The National Energy Reform Committee has proposed relevant agencies and companies ease conditions to allow free trade of liquefied natural gas (LNG) and peer-to-peer power trading in the country. This committee implemented the energy reform plan in September 2018 with an emphasis on deregulating the electricity sector and enhancing competitiveness among private operators in the […]
To combat Asia’s energy battle, Indonesia needs to sign new renewable energy contract: Report
Indonesia needs to sign a new renewable energy contract in the next three years to counter its massive demographic shift, according to a report in ‘Indonesia Clean Energy Outlook’. The country is Southeast Asia’s largest economy and democracy and is rapidly approaching a demographic shift in the next ten years. Experts claim that Asia’s next clean energy battle will […]
Power security and competition
Last week I attended two energy fora where some important data and issues were discussed. First the “Market Operations 2019,” a media briefing by the Independent Electricity Market Operator of the Philippines (IEMOP), on Jan. 30 at the trading floor of the Wholesale Electricity Spot Market (WESM). Second, the Keynote Speech of Senator Sherwin Gatchalian, […]