HANOI (Reuters) – Vietnam’s electricity firm EVN has signed five new deals to buy electricity from Laos starting from next year, the state-run company said. The southeast Asian nation faces severe power shortages from 2021, as demand outpaces construction of new plants, with demand expected to exceed supply by 6.6 billion kilowatt hours (kWh) in […]

KUALA LUMPUR, Jan 4 — The Ministry of Energy, Science, Technology, Environment and Climate Change (MESTECC) has unlocked 40 achievements in its three key sectors, namely energy, science and technology, as well as environment, over the past 18 months. In a statement to Bernama today, the ministry said all the 40 achievements were reported by […]

A price cap has to be instituted in the renewable energy certificates (RECs) that shall then be sold via the RE Market (REM) trading layer of the country’s Wholesale Electricity Spot Market. In a draft Circular of the Department of Energy (DOE), it has been set forth that the Philippine Electricity Market Corporation (PEMC) “shall […]

KUALA LUMPUR, Jan 3 — Malaysia is set to maximize the potential of its green industry and renewable energy sector in 2020 to attain its objective of becoming South-east Asia’s green technology hub in the near future. The commitment was spelt out by Energy, Science, Technology, Environment and Climate Change Minister Yeo Bee Yin who […]

The Electricity Generating Authority of Thailand (Egat) is studying various methods of power management and distribution, both domestically and abroad, in response to changes in electricity usage. Patana Sangsriroujana, Egat’s deputy governor for strategy, said the agency visited several kinds of multifunctional power plants that not only produce power but also help store and manage […]

The Downstream Oil and Gas Regulatory Agency (BPH Migas) has fixed next year’s allocation of subsidized fuels at 26.87 million kiloliters (kL), up 3 percent from last year, following a meeting with House of Representatives members last week BPH Migas said in a statement on Monday that next year’s subsidized fuel allocation consisted of diesel […]

Leaders of central Thua Thien-Hue Province affirmed thermal power was not part of its industrial development outlook. To accommodate the province’s “green-clean-sustainable” initiative, Thailand’s Banpu Corp had proposed to convert related thermal power research to wind power, Phan Thien Dinh, the province’s vice chairman, said Wednesday. In 2016, local authorities had signed a memorandum on […]

The Energy Ministry has decided to postpone the effective date for cutting retail prices for biodiesel B10 and gasohol E20 by one baht per litre from Wednesday to Thursday because the ministry’s buildings caught fire on Wednesday, rendering officials unable to conduct a meeting. The State Oil Fund Administrative Committee previously planned to approve this […]

THE Department of Energy (DoE) has issued a circular that will require half of the supply contracted as reserve power to be on a “firm” basis in which the grid operator has a binding agreement to source its requirement from a power generation plant. “Signed na ang AS (ancillary services) policy. Ipa-publish na lang namin […]

MANILA, Philippines – The Department of Energy (DOE) reminded oil companies to use up their old inventory first before slapping new taxes in 2020 to avoid facing criminal charges like large-scale estafa. Oil prices will rise again starting January 1, 2020, as the final tranche of the Tax Reform for Acceleration and Inclusion (TRAIN) law […]