ASEAN steps up energy cooperation
HÀ NỘI — ASEAN countries will step up cooperation and share resources to ensure energy security through expanding power grid connectivity and developing renewable energies. The commitment was made by ministers and deputy ministers in charge of energy of the ten member states of the Association of the Southeast Asian Nations (ASEAN) at the 36th […]
New Renewables Cheaper Than Old Coal In Southeast Asia
A new analysis from independent financial think tank Carbon Tracker has concluded that it would be cheaper to build new solar PV and onshore wind capacity in Indonesia, Vietnam, and the Philippines by the end of the next decade rather than continue operating existing coal-fired power plants. Carbon Tracker published three new country briefings on […]
Getting the green light to mitigate impact of climate change
THE United Nations Intergovernmental Panel on Climate Change (IPCC) recently published its special report on global warming, sending a strong warning both to world leaders and to all of us. We need rapid and unprecedented changes to our habits if we are to avoid major environmental, economic and social damage. While the timeframe may be […]
Renewable energy trading in Singapore runs on blockchain
The Singapore Power Group (SP) has initiated a marketplace, powered by blockchain, for renewable energy certificates (RECs). In a statement, the utilities provider said the blockchain-based platform, which was unveiled at the ASEAN Energy Business Forum, will help SP increase transparency and efficiency in its processes in REC transactions. Samuel Tan, chief digital officer at […]
Financing for clean energy projects pushed for ASEAN economies
SINGAPORE – To push more environment-friendly alternatives into the energy mix of economies in the region, a clean energy financing roadmap has been cast during the 36th ASEAN Ministers on Energy Meeting (AMEM) here. The crafting of the proposed financing framework had been done in collaboration with the International Energy Agency (IEA), a global energy […]
SP Group launches platform for households, small producers of solar energy to sell ‘green credits’
SINGAPORE – It is now easier for small producers of solar energy in Singapore to sell “green credits” to buyers keen to offset their carbon footprint. To link up these buyers and sellers, SP Group has launched a digital marketplace powered by blockchain technology, thus ensuring safe, transparent and fast transactions. The power utilities firm […]
Asean energy ministers renew push to go green
SINGAPORE – Asean has exceeded its energy efficiency goals, reducing its energy intensity by more than 20 per cent in 2016 compared to 2005 levels, well ahead of its 2020 target. The grouping, which Singapore chairs this year, also said that it would set up green building codes for the entire region, and that it […]
Wind, sun to strand US$60 bil of coal assets in Southeast Asia
(Oct 29): Keep pouring money into coal-fired plants and it won’t be just the fuel that’s getting burned. As much as US$60 billion of coal power assets may be stranded in the next decade across Vietnam, Indonesia and the Philippines, according to a new study by Carbon Tracker, which cited tighter environmental policies and competition […]
Socio-Economic Benefits of a Sustainable Energy Future in Southeast Asia
IRENA’s commitment to supporting a sustainable energy transition in Southeast Asia will be showcased during the Singapore International Energy Week (SIEW) starting next week. Various, high-level events throughout the week will offer insight and knowledge across a broad range of topics related to renewables in the region, including policy-making, finance and investments, off-grid solutions and […]
Power Trip: Southeast Asia’s bumpy journey to a low carbon economy
A new report on Asean’s energy landscape launched at the Asia Clean Energy Summit in Singapore takes a critical look at the barriers and drivers at the heart of the region’s transition to a low carbon economy. Singapore, 31 October, 2018—A new ground-breaking study launched today by Eco-Business puts a spotlight on Southeast Asia’s transition […]